Archive for January, 2009

Gold and Gold Mining Companies: Prices to Soar?

The term rally and bullish should continue for gold and gold futures over the next year or so, as it shouldn’t have any problem breaking above the $900 an...

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DRDGOLD: South African Gold Miner Cutting 1,335 Jobs

DRDGOLD, the fourth largest gold producer in South Africa announced it is cutting 1,335 jobs at it shut down a mine east of Johannesburg.The workers losing their...

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World Gold Council: Gold Investment Digest Report – 2008

World Gold Council report of gold performance for 2008NEW YORK & LONDON – (Business Wire) Gold proved its metal in 2008, according to World Gold Council’s...

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Aaron Regent Takes Over CEO Reigns of Barrick Gold

Aaron Regent became the head of Barrick Gold Corp. (ABX) today, succeeding company founder and chairman Peter Munk, 81. Munk had stepped into the role when former...

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GFMS Looks for Gold to Surge in Second Half of 2009

While gold could average around $915 an ounce in the first part of 2009, it’s in the second half that it could really soar, according to consultancy GFMS in...

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Gold Falls for Third Session in a Row on Poor Retail Sales, Dollar Strength

For the third session in a row gold prices plummeted, as poor retail sales and the continued strength of the U.S. dollar put downward pressure on the metal.It was...

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Gammon Gold Raises 2009 Guidance as Gold Production Up 27 Percent

Annual gold production at Gammon Gold (GRS) increased by 27 percent, spurring the company to say things are now turned around.For 2008, the company mined 154,428...

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UC HUB Performs Gold Mining Due Diligence

UC HUB has done a thorough check on title and lien checks for gold mining properties.Los Angeles, CA, January 11, 2009 –(PR.com)– UC Hub Group Completes...

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Alamos Gold Inc. Reports Strong Fourth Quarter and Full Year 2008 Production and Provides 2009 Operating Forecast

TORONTO, ONTARIO – Alamos Gold Inc. Read more from the original source: Alamos Gold Inc. Reports Strong Fourth Quarter and Full Year 2008 Production and Provides...

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Gold Rock Holdings, INC. (GRHI) Appoints President

ENCINITAS, CA – GOLD ROCK HOLDINGS, INC.’s (GOLD ROCK) (PINKSHEETS: GRHI) Board of Directors today announced its decision to select Larry Bailey, former...

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"New Gold Inc." Lowers Debt by Buying Back Senior Secured Notes

In a move to lower its debt load, New Gold Inc (NGD.TO) bought back C$50 million of its senior secured notes at 40 percent off their face value. As a result, the...

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Silverado Announces Results of Preliminary Feasibility Study on Workman’s Bench Gold

Silverado Announces Results of Preliminary Feasibility Study on Workman’sBench Gold and Antimony Deposit at Nolan CreekVANCOUVER, Jan. Read more: Silverado...

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