Posts Tagged ‘usd’

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BHP Billiton approves USD 1.2 Billion for First Phase of Olympic Dam Project

BHP Billiton approves USD 1.2 Billion for First Phase of Olympic Dam Project
BHP Billiton has approved USD 1.2 billion in pre-commitment capital for the first phase of the Olympic Dam Project to develop an open pit mine in South Australia. The funding will facilitate the procurement of long lead items such as trucks and... Full story

Race for resources – Orissa mining sector on Australian radar

Race for resources - Orissa mining sector on Australian radar
Orissa with its huge stock of natural resources like aluminum, gold and coal is set to attract investment from Australia. Mr Peter Varghese Australian High Commissioner to India said that several Australian firms are eager to invest around USD 2 billion Full story

Emerging nations buy $10 bn in gold as West wobbles

Emerging nations buy $10 bn in gold as West wobbles
Tags: gold buying, gold price, gold London: Central banks of emerging market countries such as Korea and Thailand have added more than USD 10 billion of gold to their reserves this year in a sign of waning faith in the West's benchmark bonds and Full story

FL Smidth gets mill order for FQM’s major Sentinel copper project in Zambia

FL Smidth gets mill order for FQM's major Sentinel copper project in Zambia
An announced order for milling equipment for First Quantum's big Sentinel copper project in Zambia suggests a decision to go ahead with the project has already been taken. FLSmidth has received a contract worth approximately USD 50m from Kalumbila Full story

Gold falls on rising European debt crisis, silver slips by 1 pct

Gold falls on rising European debt crisis, silver slips by 1 pct
Singapore: Gold today declined as Europe's sovereign-debt crisis escalated, triggering a selloff in commodities, including oil and base metals while strengthening the dollar. Gold fell by 0.3 per cent to USD 1,507.98 an ounce after gaining 0.5 per cent Full story

Forex: AUD/USD falls sharply along with commodities

Forex: AUD/USD falls sharply along with commodities
(Córdoba) - The Australian dollar is falling sharply early American session, dragged down by commodities and stocks and a stronger Greenback. Gold has dropped over $20 within the last hours, pressuring the Aussie. AUD/USD has lost more than 130 pips or Full story

Why gold is no longer an effective USD hedge

During the first nine years of this gold bull market, gold prices moved with a near perfect inverse relationship to the US dollar. Indeed, in the early years gold was only really moving up against the greenback, it was only after a few years that it began to appreciate against all currencies. The game plan was simple; the dollar is going down, so gold in ... Full story

Spartan Gold Ltd. Secures Financing Commitment for up to $5,000,000 USD From Geneva, Switzerland Bas

Spartan Gold Ltd. ("Spartan Gold") (OTCBB: SPAG), a diversified U.S Full story

Spartan Gold Ltd. Secures Financing Commitment for up to $5,000,000 USD From Geneva, Switzerland Based Institutional Investor Company Received Initial…

(MARKETWIRE via COMTEX News Network) -- Spartan Gold Ltd. ("Spartan Gold") (OTCBB:SPAG), a diversified U.S. based junior gold exploration company, has today announced the execution of a $5,000,000 USD financing commitment agreement with Geneva, Full story

Spartan Gold Ltd. Secures Financing Commitment for up to $5,000,000 USD From Geneva, Switzerland Based Institutional Investor

SCOTTSDALE, AZ -- (Marketwire) -- 01/28/11 -- Spartan Gold Ltd. ("Spartan Gold") (OTCBB: SPAG), a diversified U.S. based junior gold exploration company, has today announced the execution of a $5,000,000 USD financing commitment agreement with Geneva, Full story
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