Posts Tagged ‘jones’

MOSCOW -(Dow Jones)- Russian Polar miner OAO Norilsk Nickel (GMKN.RS) Wednesday said it may sell all or part of its treasury shares, representing in total a 9.23% stake in the company. Analysts said the shares may be sold to finance the buyback Norilsk Full story

Stocks have closed a brutal week on a quiet note. The market rose slightly today after bouncing between gains and losses. Full story

The metals market is much lower today, with silver plunging sharply. Full story

Dow Jones )- World investment in gold dropped 24% in volume terms to 624 metric tons in the first half of the year, although in value terms investor demand for the yellow metal was only slightly lower year-on-year, slipping 5% to $29 billion, metals Full story

- TORONTO, ONTARIO-- - Kinross Gold Corporation announced today that it has been named to the Dow Jones Sustainability World Index for the first time. The Company was also named to the Dow Jones Sustainability ... Full story

LONDON -(Dow Jones)- UBS AG (UBS) has hiked its gold forecast for 2012 by 50%, to $2,075 a troy ounce, citing expectations that further global macroeconomic disappointments, European sovereign debt troubles and low business, consumer and investor Full story

LONDON -(Dow Jones)- HSBC has cut its 2011 platinum and palladium price forecasts but upped its outlook for the period from 2012 to 2018, citing expectations that the market will move from a modest surplus into deficit. Full story

JOHANNESBURG -(Dow Jones)- AngloGold Ashanti Ltd. (AU), Africa's largest producer of the precious metal, Thursday reported a fatality at its Mponeng Mine in South Africa overnight and halted some work in the area to carry out an investigation Full story

(Source: Fox Business) Dow Jones )- Operations remain suspended at PT Newmont Nusa Tenggara's Batu Hijau gold and copper mine on Sumbawa island in eastern Indonesia after unsuccessful job seekers blocked access to the mine to protest the company's Full story

The Dow Jones index fell 115.42 points, or 1%, to 11,934.58. The S&P 500 also dropped 15.05 points, or 1.2%, to 1,268.45, while the Nasdaq fell 33.86 points, or 1.3%, to 2,652.9. Spot gold last traded at $1503.30 an ounce, down 1.21% on Friday, whilst Full story