Posts Tagged ‘will-raise’

Swinging and missing on an opportunity to make a strong pro-jobs stance for Connecticut, lawmakers on the Legislature’s Energy and Technology Committee instead made national news by approving a new energy tax that will raise electric rates and Full story

Gold drops on improvement in Chinese data Gold drops on improvement in Chinese dataGold halts its three-day advance after the improvement in Chinese data which raised concerns China will raise interest rate to curb inflation, thereby reducing the appeal Full story

Moreover, profit-taking at record levels also made the slump worse. U.S. Full story

RIYADH - Egypt, which stopped gold production in 1958 before resuming production in recent years, will raise its annual gold output to 12 tons next year, from 5.5 tons, the country's petroleum and minerals minister said Saturday. The country only Full story

Tom Lydon submits: Gold prices are affected by a multitude of factors, and potential investors looking for gold ETFs should assess what they include. The main factors that are often cited include worries that China will raise key rates, no set policy on how to halt currency manipulation, gold speculation and volatile equity trading, writes Alix Steel for NuWire Investor Full story

In a 2‐for‐3 non‐renounceable rights issue priced at $0.11, Crescent Gold (ASX: CRE) will raise up to A$45 million, and will bring the potential 70,000 gold ounce per annum Summit underground gold mine, (previously known as Lancefield), back into Full story

TORONTO (miningweekly.com) – TSX- and Amex-listed Platinum Group Metals (PTM) will raise C$125-million in a bought-deal offering, which it will use to exercise an option for a bigger stake in its flagship project, and to continue development on the Full story

March 12 -- Gold in New York fell to the biggest weekly loss in seven weeks on speculation that China will raise interest rates to control inflation, reducing demand for raw materials including precious metals. Full story

Gold in New York fell to the biggest weekly loss in seven weeks yesterday, on speculation that China will raise interest rates to control inflation, reducing demand for raw materials including precious metals. Consumer prices in China rose 2.7% in Full story