Posts Tagged ‘wednesday’

Yukon-Nevada Gold Corp. Full story

- DENVER, CO-- - Golden Star Resources Ltd. today announced it will report 2011 fourth quarter and full year financial results after the market closes on Wednesday, February 22, 2012, and conduct a conference ... Full story

- TORONTO, ONTARIO-- - Primero Mining Corp. will release fourth quarter financial results before the market opens on Wednesday, March 7, 2012.A conference call will be held on Wednesday, March 7, 2012 at ... Full story

- "Mexican precious metals miner Fresnillo PLC Wednesday beat its full-year silver and gold production targets and said it expects to deliver strong financial results in 2011 due in part to significantly higher metal prices. London-listed Fresnillo, the... Full story

Better consumer demand provided some support to help steady the yellow metal on Wednesday as the euro dropped. Full story

Gold fell 2 percent to a three-month low on Wednesday, as the dollar rallied against the euro on more jitters about European debt, while losses in U.S. equity and commodity markets triggered a technical sell-off of the precious metal. Full story

The gold price rose above $1,640/oz on Wednesday after better-than-expected take up by European banks of ECB-tendered cheap loans, easing fears of a credit crunch. Full story

* Gold hits 7-week lows, largest 2-day loss in 3 months * No new FOMC stimulus, weak U.S. Full story

Eighteen of 26 surveyed by Bloomberg expect bullion to rise this week. Holdings in exchange-traded products backed by gold reached a record 2,350.8 tonnes on Wednesday, now valued at US$127.6 billion (RM407.04 billion), according to data compiled by Bloomberg. Full story

Australia's plan to impose a 30 percent tax on its booming iron ore and coal sectors cleared its biggest political hurdle on Wednesday when legislation passed parliament's lower house after a last-minute deal to win support from the influential Greens. Full story