Posts Tagged ‘action’

CNBC News reported that some analysts see gold prices nearly doubling while reserves shrink. The market news is quoted as saying: “You could see $3,000 to 5,000 to clear the market as the central banks and bullion banks run out of gold to meet the growing demand,” Bill Murphy, chairman of the Gold Anti-Trust Action Continue reading... Full story

Carlos X. Alexandre submits:cConsidering the turmoil in the Middle East and the spike in oil prices after Libya’s uprising, I am extremely surprised that the price of gold didn’t break $1,420 earlier; it took until yesterday, March 1, to move beyond that barrier, propelling the metal into short-term overbought territory as of today.I cannot complain about the event from a trade perspective, and have held ... Full story

The U.S. Environmental Protection Agency (EPA) is cutting emissions from gold ore processing and production facilities with a new standard that will reduce annual mercury emissions by more than 75 percent from 2007 levels. This action is one of several Full story

WASHINGTON- The U.S. Environmental Protection Agency (EPA) is cutting emissions from gold ore processing and production facilities with a new standard that will reduce annual mercury emissions by more than 75 percent from 2007 levels. This action is one Full story

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Since we’ve mostly all got a long weekend coming up I thought I’d try and keep this as light and short as possible while still getting some valuable information across to you. The week again has seen mostly all the action in the early minutes of the trading day.  The major US indices haven’t’ really done Full story

Gold and silver, and the stocks that are leveraged to them, have a long, long way to go. Full story

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The US Environmental Protection Agency (EPA) is proposing to cut emissions from gold ore processing and production facilities, the sixth largest source of mercury air emissions in the country. EPA’s proposal would reduce annual mercury emissions to about 1,390 lb/y - a 73% reduction from 2007 levels. This action will build on reductions from Nevada’s successful program for controlling mercury emissions from precious metal ... Full story

TORONTO (miningweekly.com) – Toronto-based Inmet Mining expects an illegal strike at the Ok Tedi mine, in , to reduce the company's total production this year by about 80 t of copper and 300 oz of gold for each day the action continues. Full story