Posts Tagged ‘world’

Hard Assets Investor submits: By Matt McCall The price of gold has soared to a new all-time high. Silver has rallied to its best level in 30 years Full story

Thomas Noon submits:When will the critics or proponents of gold’s correct price recognize and admit that this is NOT the correct question? They should turn their attention to the real question – i.e. What is the value of the USD Full story

Saudi Arabia did not buy new gold reserves in 2010 despite data from the World Gold Council (WGC) that showed the kingdom had doubled its reserves during the first-quarter, the central bank governor said on Sunday. Full story

The LBMA Gold Forward Curve will be created from data supplied by the LBMA’s eight forward market makers, which include some of the world’s biggest banks. Their data will be processed by the exchange’s LMEdcs system and distributed to subscribers Full story

Newmont Mining has been selected to be included in the prestigious Dow Jones Sustainability World Index ( http://www.sustainability-index.com/ ) for the fourth consecutive year.  In 2007, Newmont became the first gold company included in the index.  The company celebrates 90 years in 2011, which will be commemorated by a series of Great Mines articles in International Mining for the first half of 2011 - see below. ... Full story

The world's fourth largest gold miner is getting a warm welcome from the Philippines as it explores "the most significant gold-copper porphyry in the world." Full story

South Africa's Gold Fields has reached a deal for an option to buy a 60 percent stake in an undeveloped gold and copper deposit in the Philippines for US$340-million (R2.41-billion). The company, one of the world's largest gold producers, said that the Full story

TORONTO (miningweekly.com) – The Escobal silver project in Guatemala may one day equal the Fresnillo mine – the world's biggest producer of the precious metal – Tahoe Resources CEO Kevin McArthur said on Monday.The company has drawn up a mine Full story

HONG KONG (MarketWatch) - Gold’s rise to a fresh record Friday won endorsement from financial advisor Marc Faber, who said the rally in bullion prices didn’t appear excessive in view of the inflationary backdrop and ongoing bias of the world’s monetary authorities towards weak currencies. Faber, known as Dr. Full story

Sep 2010 Moody's Investor Services ("Moody's") assigned Gold Fields a first-time "Baa3" senior unsecured issuer rating. This investment grade rating comes with a stable outlook Full story