Posts Tagged ‘london’

Yukon-Nevada Gold Corp. Full story

- Wits Basin Precious Minerals Inc. updates the status of its answer and counterclaim to London Mining plc’s filed Full story

JERSEY, CHANNEL ISLANDS–(Marketwire – Feb 2, 2012) - Full story

In a trading update Russia’s Polyus Gold International, owned by Mikhail Prokhorov, a Vladimir Putin rival in upcoming presidential elections, announced a 8% increase in gold production to just under 1.5 million ounces which boosted earnings by 40% to $1.06 billion. Full story

US securities litigation firm  Holzer Holzer & Fistel announced on Wednesday it is investigating potential violations of federal securities laws by Kinross Gold Corporation (NYSE: KGC), specifically whether Kinross knowingly overstated gold grades at  its Tasiast property over the last year. Full story

Bloomberg reports that Russia’s Polyus Gold International, owned by Mikhail Prokhorov, a Vladimir Putin rival in upcoming presidential elections, could raise us much as $1 billion as part of its planned listing and share sale in London. Polyus follows fellow Russian miners Evraz Plc and Polymetal International to London aiming for inclusion in the prestigious FTSE-100 index. Bloomberg reports: Prokhorov, who owns 38 percent ... Full story

INTERNATIONAL. Wholesale market gold bullion prices in Dollars dropped to US$1,646 an ounce Friday lunchtime in London – down 1.4% on yesterday's high – as China prepared for the week-long Lunar New Year holiday Full story

In last week’s Metals, Mining, and Money , Jeff Clark estimated that given the magnitude of the correction that started last September, it may take until May 2012 for gold to reach a new high. This week let’s take a look at how long it may take for silver to rebound. It’s a commonly known fact that silver is more volatile than gold. Full story

The Russian steelmaker said Monday it will proceed with a planned listing of its Nord Gold mining unit in London after investors representing 10.6% of the share capital in the business participated in a share swap. Full story

Precious metals analysts expect gold prices to rise for a 12th year in a row and to reach a record high in 2012, but are less optimistic for silver and platinum, according to a survey by the London Bullion Market Association. Full story