Gold Prices 2009

AngloGold Ashanti (NYSE:AU), Newmont (NYSE:NEM) Not Affected by Ghana Royalty Increase

AngloGold Ashanti (NYSE:AU) and Newmont (NYSE:NEM) will not be immediately affected by the increase in royalties from Ghana, the second-largest gold producer in Africa, behind South Africa. Royalties for other gold miners in the country have been increased from 3 percent to 6 percent, with some like AngloGold Ashanti and Newmont Mining receiving temporary exemptions. Gold production in Ghana

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Gammon Gold (TSE:GAM) Production Down in First Quarter

Gammon Gold Production Gammon Gold (TSE:GAM) reported reduced production in the first quarter, as levels plunged by 13 percent over the same period a year ago, although gold and silver prices experienced nice jumps. Last year in the first quarter Gammon produced 36,829 ounces of gold and 1.35 million ounces of silver. For the first quarter this year, that was down to 28,431 ounces of gold and

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Gammon Gold (TSE:GAM) Production Down in First Quarter

Gammon Gold Production Gammon Gold (TSE:GAM) reported reduced production in the first quarter, as levels plunged by 13 percent over the same period a year ago, although gold and silver prices experienced nice jumps. Last year in the first quarter Gammon produced 36,829 ounces of gold and 1.35 million ounces of silver. For the first quarter this year, that was down to 28,431 ounces of gold and

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Gold Prices Will Continue Rising

Gold PricesNews on the street has been a number of investors are allegedly believing gold is experiencing a bubble, and so it may be time to get out and take some profits. I don’t believe that’s true.The reason I said allegedly above is because of the possibility that speculators who did in fact believe gold prices would fall shorted the market, and so now that they’ve been getting clobbered over

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