Argentina’s Gold Mining Boom: A Lustrous Trend

Since the overhaul of Argentina’s protectionist mining laws in 1993, gold production has seen a parabolic rise from a paltry 36,000 ounces to 1.40 million ounces in 2008. (Data for 2009 has not yet been made public). This makes Argentina the third most prolific producer in Latin America. Only Peru and Brazil posted better numbers [...]

Austrian Mint’s Vienna Philharmonic 20 Ounce Gold Coin celebrates a 20 Year Success Story

Twenty years ago in 1989 the Austrian State Mint passed from the Treasury into the ownership of the central bank. The mint was given the freedom to produce and sell products in accordance with the demands of the modern numismatic and investment markets. One of the very first innovations introduced by the new CEO, Paul [...]

Gold mining boom ‘set to transform Perth’

Major gold mining projects in Perth will help to boost the city’s fortunes over the next few decades, it has been suggested. According to the Telegraph, new gold projects – along with the effect of the growing Chinese economy, rising house prices and significant gas contracts – look set to place Perth on the road [...]

Income from two new Ethiopian gold discoveries could total $1.7bn/y

British and Saudi companies have each reported finding important gold deposits in Ethiopia raisin government hopes of significant income from gold mining. Read more….

Slideshow: 11 Ways to Invest in Gold

The Daily Reckoning With gold at about $1,060 an ounce, and numerous forecasts of much higher prices, it logically follows that investors would consider a wide variety of avenues for claiming a stake. Of course the options range from buying gold bling to speculative gold-related alternative investments, and today, The Money Game picks 11 top [...]

Barrick Gold Buys Chilean Mine but Still Expects Lower Production for 2009

Zacks.com submits: Barrick Gold Corporation (ABX), the largest gold mining company in the world, has entered into an agreement with Xstrata Copper Chile S.A., a wholly owned subsidiary of Xstrata Plc (XSRAF.PK), to acquire Xstrata’s 70% interest in the El Morro project for $465 million in cash. Another Canadian miner, New Gold Inc. (NGD) owns [...]

Brazilian Billionaire Batista bests Beaty for controlling interest of Ventana Gold

Junior gold mining’s hottest stock has attracted two substantial competing suitors most junior explorers can only dream about. Read more….

Gold Is Just Getting Going

Melinda Peer10.06.09, 05:30 PM EDT Gold set a new record, and analysts expect it to set a few more as the dollar falters. Gold hit fresh highs on Tuesday as it continued to take its cues from a weak U.S. dollar. The greenback tumbled as uncertainty over its global strength was triggered by a report [...]

Gold to hold above $1 000/oz – Harmony Gold CEO

The chief executive of Harmony Gold Mining Co. said the dollar price of gold could stay above $1 000/oz this year after it hit a new record, but a stronger rand was eroding gains for South African producers. Gold hit a record high on the spot and futures markets on Wednesday, with dollar weakness continuing [...]

WGC member selected for Dow Jones sustainability accolade

Newmont Mining Corporation, a member of the World Gold Council (WGC), has been selected for the Dow Jones Sustainability World Index (DJSI). This represents the third year in a row that the firm has received the accolade, being the first gold mining company to be acknowledged for the DJSI.The news feeds on this site are [...]

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