Tuesday, September 18, 2012

Gold Mineweb Daily News -September 18, 2012- : Silver, gold best performing commodities over past decade-Lloyds TSB

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TOP STORIES | Tuesday , 18 Sep 2012                                                     

Silver, gold best performing commodities over past decade-Lloyds TSB

The precious metals sector was the best performing sector among the commodities over the past 10 years, rising by 358%, according to research by a Lloyds Banking subsidiary.    Tuesday , 18 Sep 2012

Gold eases in line with stock markets, oil and Euro

A sharp fall in oil prices late Monday sparked a drop in gold, pulling it further from the peak of $1,777.51/oz it hit last week after the U.S. Fed announced a third round of monetary stimulus.    Tuesday , 18 Sep 2012

All signs pointing to gold

So, gold investors, if you haven't put in your orders, consider getting them in quickly, because the bulls are buying.    Tuesday , 18 Sep 2012

New innovations boost silver demand, but could price be taken down again?

Ongoing advances in the usage of silver could boost industrial demand. But, while pricing looks strong there are warnings of a possible short-seller price take-down again.    Monday , 17 Sep 2012

Gold Fields pays for illegal strike as yields rise

Yields on Gold Fields bonds due October 2020 last week jumped to a two-month high after 15,000 workers at its biggest mine in South Africa embarked on an illegal strike.    Tuesday , 18 Sep 2012

$2,000 next stop for gold, analysts say

Some analysts believe the yellow metal will hit $2,000 an ounce over the next few months on the strength of QE, a declining dollar and lower mine output.    Tuesday , 18 Sep 2012

BofA Merrill Lynch sees gold at $2,400/oz by end 2014

The bank says given the new open-ended nature of QE3, the upward pressure on gold prices should continue and climb as high as $2,400 per ounce by the end of 2014.    Tuesday , 18 Sep 2012

Gold Fields unwilling to entertain wage demands

CEO Nick Holland told Reuters Insider on Tuesday that the group was not willing to consider strikers' wage demands of a minimum of 12,500 rand a month for now.    Tuesday , 18 Sep 2012

Mali's gold, cotton output resist turmoil; for now

The chaos that erupted in the months since the military staged a coup d'etat has left the country's twin economic engines, cotton and gold, essentially untouched, says national cotton company CMDT.    Monday , 17 Sep 2012
 

COMPANY RELEASES                                                     

Significant Gold Results Confirmed at Jundee South

Azimuth Consolidates Land Position in Guyana

Stage 2 Drilling Campaign Commenced on Maximus' Narndee Poly-Metallic Project

New Pacific Provides Update on Tagish Lake Project & Corporate Development Activities

Clemson Commences Drilling on Eagle Plains' Kalum Gold Project

Sacre-Coeur Minerals Announces Appointment of Mr. Bipin Ghelani as Director

Sunrise Announces Incentive Stock Options

Rye Patch Announces Updated Gold and Silver Resources Within an Open Pit Configuration on Lincoln Hill Project

Six Gold Targets Outlined - Drilling Underway at Fahiakoba Concession in Ghana

American Creek Receives Notice of Application from Seabridge Gold

Argentex Discovers New Veins at Pinguino Project & Intersects 2 m @ 1,459.5 g/t Ag and 1.17 g/t Au

Andover Announces Discovery of a New Mineralized System at its Wholly Owned Sun District

Excellon Resumes Drilling at La Platosa

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