Posts Tagged ‘from-the-world’

Freeport McMoRan Copper & Gold and its Indonesian union are discussing a possible pay deal to end a three-month strike that has crippled output from the world’s second biggest copper mine, which would double pay for some skilled workers. Union spokesman Juli Parorrongan said the firm’s management seemed ready to explore a proposal for an increase of 35 percent for the lowest level of ... Full story

Indian gold demand has grown 25 per cent despite 400 per cent price rise of the rupee in the last decade. Newly published research from the World gold Council reaffirms India as a key driver of global gold demand, with an expected increase by over 30 per cent in real terms. This research suggests that by 2020 cumulative annual demand for gold in India will ... Full story

The latest table of official sector gold holdings from the World Gold Council shows some substantial purchases, but no significant sales Full story

Location: Newport Art Museum 76 Bellevue Ave, Newport, RI When: April 2, 2011 Time: 1:00pm–5:00pm Experts from the world of art and antiques will explore the history of this silver form and its connections to the Gilded Age. Special guests include Full story

Swedish mining equipment manufacturer Atlas Copco has received one of its biggest ever orders from the world's largest primary silver miner. Full story

Newcrest Mining (ASX:NCM) Intraday Stock Chart Newcrest Mining Ltd. (NCM.AU) chief executive Ian Smith unexpectedly resigned from the world's fifth-largest gold miner Friday, as the company announced record first-half net profit up 148% on the year to Full story

A new report from the World Gold Council (WGC) forecasts that global gold consumption for 2010 will be higher than 2009, on the back of surging demand in India and China, for investment purposes as well as growth in jewellery and industrial demand. The Full story

Gold consumption rose by more than a third in the second quarter of 2010 on the year, led by a sharp rise in investment in coins, bars and exchange-traded funds as the euro zone debt crisis fuelled demand for havens, figures from the World Gold Council Full story

Hard Assets Investor submits: By Brad ZiglerReaders puzzled by the euro's recent firmness versus gold now know the reason. European central bank sales of gold ground to a near-halt in September, according to a report from the World Gold Council. Full story

Saudi Arabia did not buy new gold reserves in 2010 despite data from the World Gold Council (WGC) that showed the kingdom had doubled its reserves during the first-quarter, the central bank governor said on Sunday. Full story