Posts Tagged ‘over-the-last’

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Pan American Silver acquiring Minefinders for $1.5 billion

Pan American Silver is buying Minefinders for $1.5 billion in a cash and stock deal. Markets reacted negatively to the news with Pan American today losing 8.67% of its value and falling to $22.85 a share in morning trading Full story

Oyu Tolgoi looks forward to 2012 and first copper-gold-silver production

The year of peak construction activity at Oyu Tolgoi mine in the Gobi desert of Mongolia (IM April and May issues this year) is nearing its end, with the project approximately three-quarters complete. A great deal has been accomplished this year, and over the last ten years since the first discoveries were made by Ivanhoe at Oyu Tolgoi. Full story

Gold drops below $1,550

Gold is ringing out the year on a sour note, dropping below $1,550/oz and losing nearly 10% of its value in the last month. Falling gold prices have weighed down the TSX, which is up only 0.6 % over the last month while down in the United States’ S&P 500 is up 5.45% over the same period Full story

Where have the gold bulls disappeared to

While sentiment has turned rather bearish over the last month, Jason Hamlin believes the bull market for gold is far from over. Full story

Dividend growth bringing gold miners full cycle

The return of dividends and the rise of ETFs are just some of the changes the gold investment space has seen over the last 20 years. Full story

Despite rebound, gold on track for worst week in 3 months

While the yellow metal rallied on Friday, helped by a weaker dollar, it was not enough to outweigh the sharp pullback seen over the last four sessions. Full story

Gold down over four percent last week

Gold down over four percent last week
KUWAIT, Oct 23 (KUNA) -- The latest price lists show a decrease of over four percent in price of gold over the last week touching the USD 1,600 per ounce. A report by Zomoroda group said the precious metal suffered its biggest loss in three weeks when it... Full story

Dow Jones makes 400-point U-turn but gold stays weak

Dow Jones makes 400-point U-turn but gold stays weak
US stocks were driven down at Tuesday’s start with the Dow Jones falling as much as 250 points as Belgium's Dexia become the first Eurozone bank to be bailed out before making a dramatic about turn during the last hour of trade to end up 153 points or 1.4%. The S&P 500 dropped shortly after the opening bell only to end up 2.25% at 1,124 ... Full story

Tough talk about Oyu Tolgoi does nothing to staunch Ivanhoe bleeding

Tough talk about Oyu Tolgoi does nothing to staunch Ivanhoe bleeding
A statement put out by Ivanhoe Mines and partner Rio Tinto on Monday saying it has formally informed the Mongolian government it won't renegotiate the terms of the Oyu Tolgoi investment did not have the desired effect and the share was beaten down 6.6% on Monday. The counter’s losses began after rumours – now confirmed – surfaced that the Mongolian government is rethinking a 2009 ... Full story

Going cheap – Alaska mine worth $300 billion

Going cheap - Alaska mine worth $300 billion
Alaska's Pebble deposit presents big problems for Northern Dynasty, the junior Canadian miner that wants to cash out of its sole asset. Pebble has an eye-popping recoverable resource of 67 million ounces of gold and 55 billion pounds copper with some molybdenum thrown in for good measure which at today's prices is worth over $300 billion in total. The Vancouver company shares the venture with ... Full story
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