Posts Tagged ‘per-cent’

Rio Tinto (NYSE:RIO) announced today that it paid Can$73 million for 49% of Ivanhoe Mines. Rio Tinto acquired an additional 3,700,000 common shares in Ivanhoe Mines Ltd. through a wholly-owned subsidiary, Rio Tinto International Holdings Limited, increasing Rio Tinto's ownership in Ivanhoe Mines by 0.5 per cent to a total of 361,858,442 common shares or 49 per cent through a privately negotiated share purchase agreement. ... Full story

Gold is continuing its slide downward this morning, taking losses over the past 4 days to 11 per cent, reports the FT.  The intraday loss for silver reached 6.4 per cent in Monday... Full story

- Gold has risen 28 per cent to date this year - making it one of the best-performing investments. And yet the share price of Barrick Gold (NYSE:ABX - News), the world's largest producer of the precious metal, ... Full story

Newmont Mining, the largest US gold producer, says the price of bullion may jump 36 per cent to $2500 an ounce by 2013. “I don’t see the facts to cause the gold market to change in at least five years,” chief executive Richard O’Brien said in Full story

Gold ticked down more than half a per cent, having risen sharply in the previous session, as investors digested US President Barack Obama's $US447 billion jobs plan to spur economic growth and battle unemployment. Although the lingering debt crisis in Full story

Silvercorp Metals Inc. Full story

Gold rallied two per cent to a new high above $1,820 an ounce on Thursday. Gold rallied two per cent to a new high above $1,820 an ounce on Thursday. 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

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. Indian gold demand has grown 25 per cent despite 400 per cent price rise of the rupee in the last decade. Newly Full story

SOFT economic data clouded industrial demand prospects for silver, platinum and palladium today, while gold prices slipped on profit-taking. US factory orders fell 1.2 per cent in April, outpacing a 1 per cent decline forecast by economists, as demand Full story