Posts from — June 2009

Gold NewsThe proposed investment deal between Kinbauri Gold Corp and Gold Eagle Resources has been halted, as Kinbauri Gold said they didn’t feel comfortable with the funding arrangements by Glen Eagle, and believed there wasn’t enough funding available to make the deal happen.Glen Eagle had in April offered to invest C$32 million in Kinbauri for a 45 percent stake in Kinbauri Espana unit –

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Gold News | Kinbaruri Gold Investment Deal with Glen Eagle Cancelled

Gold NewsOptimism about the economy showed through in the commodities markets recently as investors sent prices for gold, oil and grains higher on the belief that demand for basic materials will soon rebound. I think they’re right, although no one can predict the timing of any market.There is “a general feeling that maybe we’re starting to stabilize here in terms of the economy,” said Stephen

Continued here:
Gold News | Gold Prices Rise As Investors Look to Increasing Demand