Posts Tagged ‘group’

(SinoCast Daily Business Beat via COMTEX) -- Shanghai Construction Group Co., Ltd. (shse:600170) announced on December 27 that its board allowed China Shanghai (Group) Corporation for Foreign Economic & Technological Cooperation (China SFECO Group), a... Full story

Mining Weekly reported that China National Coal Group will use a special cooling technology developed at a gold mine for its coal mining operations. Continue reading.. Full story

/PRNewswire/ -- Memorandum of understanding was signed between Shelron Group and a Tanzanian company that owns a gold prospecting license in the Republic of Tanzania. Shelron Group, Inc. Full story

The CME Group on Wednesday raised maintenance margins for trading COMEX 100-ounce gold futures by 27 percent, effective after the close of business on Aug 25. The exchange operator raised maintenance margins on gold futures for speculators to $7,000 per Full story

Australia and New Zealand Banking Group's China unit has received regulatory approval to trade gold futures on the Shanghai Futures Exchange, it said on Tuesday, becoming the second foreign bank allowed access to the country's gold futures market. Full story

In trading on Tuesday, precious metals shares were relative leaders, up on the day by about 2.1%. Leading the group were shares of Solitario Exploration & Royalty , up about 8.7% and shares of Almaden Minerals Limited up about 8% on the day. Also showing Full story

- China Gold International Resources Corp. Ltd. Full story

- Newmont NEM, the US mining group, is under investigation in Jakarta, where anti-graft authorities said they are reviewing claims the group may have breached rules on the foreign ownership of mining assets. Full story

Fundamental Forecast for Gold: Neutral Gold pared the decline from earlier this month, with the bullion advancing to $1542.05/oz, and prices for the precious metal may continue to push higher in the week ahead as the CME Group plans to lower margin Full story

- The key people behind the National Inflation Association are stock jockeys, touting gold stocks to investors who fear hyperinflation. That makes all of the group's stock picks suspect enough to be the Stupid Investment of the Week. Full story