Posts Tagged ‘the-year’

Gold has risen between Christmas and New Year in 8 of the last nine years, if the trend continues the yellow metal could end the year around $1,650. 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

The platinum producer said Thursday a strong rand outweighed higher prices for precious metals and, while EBITDA rose to $203.2m for the year, it reported a net loss on the back of a $159.8m impairment charge. Full story

Perhaps inevitably, concerns about global economic growth in the second half of the year are starting to stoke fears that the Federal Reserve will need to introduce further stimulus – already dubbed “QE3″ – to give the recovery another jolt. Full story

Shareholders are advised that DRDGOLD expects its group gold production for the year ended 30 June 2011 (FY2011) to be about 10% higher than in the previous year, at around 265 200oz. Full story

The Central Bank of Tanzania said that the value of Tanzania’s gold exports surged 25% in the year to March 31st 2011 due to increased prices on the international market. According to the report, Tanzania exported gold worth USD 1.702 billion in Full story

After an unrivalled rally, commodity prices are likely to soften during the second half of the year, according to Bank of America Merrill Lynch. At a seminar in London on Wednesday, commodity strategist Francisco Blanch said commodity prices will come off during the latter part of the year as demand destruction looms on the horizon. Full story

Nevada gold mines produced only about 6 percent more gold in 2010 than they did the year before but the value of that gold was up a whopping 33 percent. Full story

- � ('Kirkland Lake Gold' or the 'Company') (Toronto:KGI.TO)(Toronto:KGI.TO), an operating and exploration gold mining company located in Ontario, Canada, is pleased to announce its fourth quarter and full fiscal year 2011 gold production for the year Full story

TORONTO, March 29 /CNW/ - Marathon Gold Corporation (TSX: MOZ) ("Marathon") announced today its financial results for the year ended December 31, 2010. Full story