Eric King: Pac Man time in the gold mining industry

2:45 ET Tuesday, August 3, 2010 Dear Friend of GATA and Gold: Eric King of King World News writes today that the “Pac Man” phase has descended on the gold mining industry, with the major miners having to acquire juniors to maintain their reserves and being able to do it by using their stock as [...]

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 industry faces reserve crisis, Kinross CEO says

By Rob Delaney, Bloomberg TORONTO — Kinross Gold Corp., Canada’s third-largest producer of the precious metal, said the gold industry is facing a crisis of declining reserves as investor demand outpaces supply. “We may be in the midst of a perfect storm in terms of price and industry dynamics,” Tye Burt, chief executive officer of the [...]