The Bullion Report March 1, 2010 | Gold & Silver Bullion
For years, gold companies of all sizes have promised, and promised, as gold bullion prices rose and rose. No matter its size, an expectation gap remains, and may be whittled down somewhat during 2010. The eight gold stocks mentioned …
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The Bullion Report March 1, 2010 | Gold & Silver Bullion
March 1, 2010 No Comments
Big Gold, Big Gain | Mining News
For years, gold companies of all sizes have promised, and promised, as gold bullion prices rose and rose. No matter its size, an expectation gap remains, and may be whittled down somewhat during 2010. The eight gold stocks mentioned …
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Big Gold, Big Gain | Mining News
March 1, 2010 No Comments
Final updated (28-1-2010) Gold
On Wednesday January 27, 2010, 6:12 pm NEW YORK — Shares of some top gold companies were down at the close of trading:Barrick Gold fell $.33 or .9 percent, to $35.74. Gold Fields fell $.12 or 1.0 percent, to $12.13. Goldcorp fell $.44 or 1.2 per Final updated (28-1-2010) Gold
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Final updated (28-1-2010) Gold
January 27, 2010 No Comments
Final updated (20-1-2010) Gold
On Tuesday January 19, 2010, 5:53 pm EST NEW YORK — Shares of some top gold companies were mixed at the close of trading:Barrick Gold fell $.04 or .1 percent, to $39.66. Gold Fields rose $.06 or .5 percent, to $13.32. Goldcorp rose $.66 or 1.7 pe Final updated (20-1-2010) Gold
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Final updated (20-1-2010) Gold
January 19, 2010 No Comments
Final updated (30-12-2009) Gold
On Tuesday December 29, 2009, 5:47 pm EST NEW YORK — Shares of some top gold companies were down at the close of trading:Barrick Gold fell $.81 or 2.0 percent, to $39.71. Gold Fields fell $.18 or 1.4 percent, to $13.13. Goldcorp fell $.44 or 1.1 Final updated (30-12-2009) Gold
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Final updated (30-12-2009) Gold
December 29, 2009 No Comments
The best australian gold stocks Investments
With gold continuing its rise up I have seen a major increase in gold stocks prices, I have decided to put together a small compilation for you to peruse.
It is interesting to note that physical gold (or equivalent) in Australian dollar terms ranks behind the top six companies while gold in US$ terms ranks behind the top nine companies. Not surprisingly, Australia’s largest gold company, Newcrest Mining represents the best proxy for US$-based physical gold; both improved by around 6% over the ~12month period.
The three smaller companies in the top ten performers were Catalpa Resources, which raised sufficient capital to finance the Edna May Project and locked in a hedged price of A$1,545/oz, believed to be the highest in Australian history; Regis Mining, where the previous Board and management were replaced largely by former Equigold personnel and OceanaGold, which significantly improved its cash cost position and recovered off a very low base.

DOWNLOAD THE AUSTRALIAN GOLD REVIEW PDF FILE HERE
Perhaps not surprisingly, it was the high cost producers and smaller end of the market which recorded the largest falls when the gold price fell to just above US$700/oz in October last year. Many of these companies have recorded stellar increases from their 12-month lows; in fact, more than half doubled in price from their lows and more than 20% recorded in excess of 300%. By contrast, gold, in both US$ and A$ terms, was only around 30% off its 12-month lows.
Apex Minerals, which was the third worst performing stock over the period, was still trading at its 12-month low on 26 June 2009.
The outlook for gold is bullish. If you choose to invest in any of these company’s you do so at your own risk.
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Major – Australian Large GOLD Producers
Newcrest Mining Limited – NCM
Market Cap: $8.3 Billion
Australia’s largest gold producer, has a portfolio of mines located in Australia and Indonesia, recently announced that it is going to eliminate it’s entire hedge book with a couple of billion worth of capital raising.
Oxiana Limited – OXR
Market Cap: $5.1 Billion
While primarily not a gold producer and more of a diversified minerals miner Oxiana does have a decent exposure to gold mining with production of around 200,000 ounces in 2006 and gold mines in Laos.
Lihir Gold Limited – LGL
Market Cap: $6.4 Billion
Located in P.N.G. Lihir Island, has recently reduced power costs significantly by tapping into geothermal activity to provide power for milling and other operations, has a resource estimate of 40 million ounces.
Newmont Mining Corporation – NEM
Market Cap: $19.1 Billion USD (NYSE)
One of the worlds largest producers, managed to mill out almost a massive 6,000,000 ounces of gold last year. Has operations all around the world with 70% of its gold mined in the Americas.
Sino Gold Mining Limited – SGX
Market Cap: $1.1 Billion
One of Chinas largest gold producers with a relatively low cost per ounce of gold mined, operates the Jinfeng mine in China.
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Mid – Australian Gold Minor Producers / Speculative:
Oceana Gold Corporation – OGC
Market Cap: $562 Million
Has a large gold resource base to work with and announced a very aggressive producing strategy with aims to be producing half a million ounces of gold annually by 2009.
St Barbara Limited – SBM
Market Cap: $448 Million
Operates the Gwalia Deeps mine, anyone who subscribed to the Rivkin report will remember this mine. (Sons of Gwalia). Work has already begun preparing for a continued underground mining operation.
Citigold Corporation Limited – CTO
Market Cap: $273 Million
Recently received state funding for it’s continued deep underground drilling program which includes a 2000 metre underground exploration program searching for gold grades in the Charters Towers mine.
Dioro Exploration NL – DIO
Market Cap: $96 Million
49% owner of the frogs leg mine in WA. Has an extremely aggressive growth strategy planned including listing on the TSX and recently splitting its nickel assets into splinter company with scrip offer. Also has a JV with CVRD Brazil to explore Uranium tenaments.
Mundo Minerals Limited – MUN
Market Cap: N/A
Mundo is just starting out operations in South America, anybody who subscribes to Fat Prophets Mining should be aware of this company and it’s high grade intercepts on tenements.
Lion Selection Limited – LST
Market Cap: N/A
Lion Selection is an investment group formed recently due to a merger and has significant investments in gold assets all across Australia and the world. It’s primary form of investment is shares in mid cap producers and exploration stock.
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2006 Gold Mining Journal Gold Explorer of the Year:
1. Tropicana: AngloGold Ashanti/Independence Group
2. Avoca Resources
3. Goldstar Resources/Navigator Resources
4. Alkane Exploration
5. Mercator Gold
6. Dominion Mining, Integra Mining, Perseus Mining, Troy Resources, Red 5, Wedgetail Mining
7. Cougar Metals, Moto Goldmines, Marengo Mining, Minotaur Exploration
8. Bass Metals, Sino Gold, Oropa, Lihir Gold
9. Monax Mining, Agincourt Resources, Dioro Exploration, Oxiana, Oceanagold, Tianshan Goldfields
10. Tasgold, Medusa Mining, Andean Resources, Echo Resources, Northwest Resources
2006 Gold Mining Journal Gold Miner of the Year:
1. Dominion Mining
2. Troy Resources
3. Barrick Gold
4. St Barbara Mines
5. Newcrest Mining
6. Oxiana, Oceanagold
7. Kingsgate Consolidated, Sino Gold
8. Newmont Mining
9. Equigold, Intrepid Minerals
10. Lihir Gold.
December 15, 2009 No Comments
Midday updated (4-12-2009) Gold
NEW YORK — Shares of some top gold companies are down at noon:Barrick Gold fell $1.11 or 2.3 percent, to $46.82. Gold Fields fell $.41 or 2.6 percent, to $15.41. Goldcorp fell $.91 or 2.0 percent, to $45.01. Newmont Mining fell $1.36 or 2.4 percen Midday updated (4-12-2009) Gold
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Midday updated (4-12-2009) Gold
December 3, 2009 No Comments
Gautam Adani gets 10th place in the Forbes India Rich List 2009
more images Gautam Adani is the founder and promoter of Adani Power Ltd. Mr. Adani has been the Chief Executive Officer of Mundra Port and Special Economic Zone Limited since January 30, 2007. He has been holding the position of Managing Director since January 28, 1999 and also serves as its Chairman. According to Forbes’ 2009
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Gautam Adani gets 10th place in the Forbes India Rich List 2009
November 19, 2009 No Comments
How to buy gold and profit ?
Gold has been on the rise and just shooting up , there are diferent ways youcan profit from it . one of the most Basic ways as we all know is to just buy gold from the shop / market . gold shop / mint and then sell it back to them when prices rise.
Has the glitter of gold caught your eye? As the price of the precious metal surges to levels it hasn’t seen in 25 years, investors who might not ordinarily dabble in such things are wondering if gold should be in their portfolio. Some investment advisers tout gold as a way to diversify a portfolio and protect against inflation and a decline in the value of the dollar.
Top gold investing options – profit from rising prices
But then there are other ways to buy gold and profit from it as well.
1.ETF – or exchange traded funds ( GOLD ETF )
Gold etfs are the Listed securities that track the price of gold and i s listed on the stock market . you can just buy these off the stock market like any other stock.
2. Producers shares – Mining company stocks
Invest In gold mining companies. Gold producing companies reflect the gold prices but there can also be risks as to the company performance , balance sheets and other factors.
3. Managed Funds _ Gold
There are managed funds thats selectively invest in the gold sector or focus on that sector. As these funds are exposed to different gold mining companies and gold. you Invest in different gold companies at one time
The ultimate dollar hedge investment will always be gold. Investing in gold through ownership of the metal itself, mutual funds, or gold mining stock provides the most direct counter to the dollar. As the dollar falls, gold will inevitably rise
Missing out on gold is already costing investors a pretty penny. What’s more, most experts are forecasting gold prices to rise at least another 56% by the end of this year.
Direct ownership.
There is nothing like gold bullion, the ultimate expression of pure value. Historically, many civilizations have recognized the permanence of gold’s value.
For example, Egyptian civilizations buried vast amounts of gold with deceased pharaohs in the belief that they would be able to use it in the afterlife. Great wars were fought, among other reasons, to pillage stores of gold. Why the allure?
The answer: Gold is the only real money, and its value cannot be changed or controlled by government fiat-the underlying reason for governments to go off the gold standard, unfortunately.Gold’s value will rise based on the pure forces of supply and demand, no matter what Mr. Greenspan decrees regarding interest rates or greenbacks in circulation. The big disadvantage to owning gold is that it tends to trade with a wide spread between bid and ask prices. So don’t expect to turn a fast profit. You’ll buy at retail and sell at wholesale, so you’ll need a big price jump just to break even. However, you should not view gold as a speculative asset, but a defensive asset for holding value. Since your dollars are going to fall in value, gold is the best place to preserve value. The best forms for gold ownership are through minted coins
November 18, 2009 1 Comment
Sensex crosses 17,000 points, Nifty breaches 5,000-mark (Fourth Lead)
MUMBAI – Buoyed by the positive weekend numbers on industrial output and cues from the government on its divestment plans, a key index of Indian equities markets Monday rose 163 points to close above the 17,000-mark. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened higher at 16,893.11 points against Friday’s close at 16,848.83
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Sensex crosses 17,000 points, Nifty breaches 5,000-mark (Fourth Lead)
November 16, 2009 No Comments
Emirates to operate 12 flights from Kolkata
KOLKATA – Dubai-based Emirates Airline is all set to increase its weekly flights to 12 from the city from Dec 3, a company official said here Monday. “We operate seven flights weekly currently, up from six when we started three years back,” said the carrier’s eastern India sales manager Geetika Seth. “Now we will have two
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Emirates to operate 12 flights from Kolkata
November 16, 2009 No Comments
Emirates to operate 12 flights from Kolkata
KOLKATA – Dubai-based Emirates Airline is all set to increase its weekly flights to 12 from the city from Dec 3, a company official said here Monday. “We operate seven flights weekly currently, up from six when we started three years back,” said the carrier’s eastern India sales manager Geetika Seth. “Now we will have two
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Emirates to operate 12 flights from Kolkata
November 16, 2009 No Comments
