Tag: gold

• Thursday, October 14th 2010 - 05:37 UTC

  Gold hits a new record as investors seek protection against sinking US dollar

  

  World stocks jumped to a six-month high, gold hit another record, and the dollar weakened on Wednesday on expectations that the US Federal Reserve will further loosen monetary policy, boosting risk appetite.

• Wednesday, September 29th 2010 - 01:14 UTC

  Argentina gold production up 21% this year estimated to reach 2.05 million ounces

  

  Argentina’s gold production will rise by about 21% in 2010 from a year earlier, Mining Secretary Jorge Mayoral announced in Buenos Aires.

• Thursday, September 16th 2010 - 02:36 UTC

  Gold surges to a new all time high of 1.274,75 per ounce

  

  The gold price surged to a new all-time high on Wednesday driven by a weaker dollar and its safe haven appeal. The precious metal was up almost 2% at $1,274.75 per ounce, surpassing the previous record of $1,265.30 struck on June 21.

• Monday, September 6th 2010 - 05:19 UTC

  Canadian company impressed by first “gold values” prospecting in Uruguay

  

  The Canadian company B2Gold announced “impressive gold values” from a systematic mechanical trenching program in the south of Uruguay where in association with a local company (Weeping Apple S.A.) it has an option to survey ten claims totalling 34.200 hectares.

• Monday, September 6th 2010 - 04:49 UTC

  Canadian companies fighting to control rich gold and silver project in Patagonia

  

  Rival Canadian gold mining companies Goldcorp and Eldorado have locked horns in a fight to buy up Andean Resources Ltd.

• Monday, July 19th 2010 - 00:47 UTC

  Latinamerica’s richest businessman digs for gold in Mexico

  

  Billionaire Carlos Slim, in the short list of world’s richest and number one in Latinamerica is digging for gold in Mexico, taking advantage of bullion prices that touched a record last month while awaiting a broader economic rebound.

• Friday, May 21st 2010 - 02:48 UTC

  Peru en route to become the world’s fifth gold producer

  

  Peru’s Ministry of Energy and Mines (MEM) said this week that the country would rank among the world’s top 5 gold producers before 2015 thanks to the production potential and increased investment in the sector.