Posts Tagged ‘cash’

Factbox - Gold milestones on the road to record high 2:47pm BST LONDON (Reuters) - Gold prices hit record highs above $1,575 an ounce on Wednesday, buoyed by investors seeking a safer place for their cash while European leaders raced to prevent Greece Full story

- Capital Gold Corporation announced that, on March 17, 2011, it entered into an amendment to its merger agreement with Gammon Gold Inc. , which increases the cash component of the merger consideration payable to CGC's stockholders by $0.30, from $0.79 to $1.09. Full story

- Capital Gold Corporation acknowledges that, on March 15, 2011, Timmins Gold Corp. added $0.25 in cash to its unsolicited offer for Capital Gold Corp. . Also on March 15, 2011, Gammon Gold Inc Full story

A man, who is believed to be a major player in the cash-for-gold trade, in St. Elizabeth, was arrested by the police on Friday. Full story

- Not to be confused with the real Mr. T helping GoldPromise.com sell their cash for gold service, a Chicago pawn shop takes things up a notch. Full story

Gold hit a new lifetime high on Wednesday, its 10th record in 12 sessions, as a weak dollar supported and investors eyed a possible further cash injection from the Federal Reserve. Gold rose as high as $1,312.65 an ounce and was higher on the session. Full story

The famed fields of Kolar may reap gold again if Union Ministry of Miness plan to revive the defunct Bharat Gold Mines Limited (BGML) by roping in the cash-rich National Aluminium Company Limited (NALCO) works out. The Kolar Gold Fields (KGF), situated Full story

Below are the top five cash rich companies in the Gold industry as ranked by Cash Equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry. Full story

This is Cardero Resource Corp (CDY) CDY currently sells at .62X Book Value, has $1.20 per share in CASH and a tangible Book Value (Most Recent Quarter) per share of $1.68. Full story

JOHANNESBURG (miningweekly.com) – A Chinese consortium has moved to wrest the ownership of the Orkney gold mine from the cash-strapped Aurora as AngloGold Ashanti said on Tuesday that it would halt services to the liquidated Pamodzi Gold operation over Full story