Thursday, November 8, 2012

Gold Mineweb Daily News -November 8th, 2012-: Obama re-election means ‘Perfect Storm' for gold - Nichols


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TOP STORIES | Thursday , 08 Nov 2012                                                     

Obama re-election means ‘Perfect Storm' for gold - Nichols

While Marc Faber feels that President Obama's re-election is a disaster for business, U.S. gold analyst Jeff Nichols reckons it sets the scene for a big kick up in the gold price.    Thursday , 08 Nov 2012

Gold doesn't mind a bit of hope and change

But those people who buy gold tend to fear for the future, and they fear the change it might bring. At the very least they are anxious, says Adrian Ash.    Thursday , 08 Nov 2012

Centerra Gold finally gets good news in a stormy sea of production woes

While Centerra Gold reported substantial losses during 2012, the company also offered some good news regarding a 58% reserve increase at its flagship Kumtor Mine.    Thursday , 08 Nov 2012

AngloGold reviews South African mines as strikes bite

"We are in the middle of a review of our South African operations and there is no doubt that we are going to have to do some restructuring work," says CEO Mark Cutifani.    Thursday , 08 Nov 2012

Pan American Silver reports ‘yet another very solid production quarter'

Pan American Silver's board has approved a 5-cent per share cash dividend for the fourth quarter, payable on or about Dec 3, 2012.    Thursday , 08 Nov 2012

Kinross Q3 earnings exceed analysts' expectations

Kinross expects to be toward the higher end of its 2012 production forecast, as well as its 2012 cost of sales forecast of $690-$725 per gold equivalent ounce.    Thursday , 08 Nov 2012

Goldcorp market cap briefly eclipses Barrick

Goldcorp has been creeping up on Barrick Gold for years, but this week was the first time the smaller producer surpassed the leading gold miner in terms of market capitalization.    Thursday , 08 Nov 2012

Pan African Resources to raise R700 million in rights offer

Precious metals producer Pan African Resources plans to raise R700 million in a rights offer of 25.5 new shares for every 100 shares held.    Thursday , 08 Nov 2012

Randgold Q3 disappoints - but 'stonking' Q4 ahead

Randgold's shares marked down sharply after what appears to be a disappointing quarter following on a record Q2, but perhaps not too much should be read into the seemingly poorer figures.    Wednesday , 07 Nov 2012
 

COMPANY RELEASES                                                     

Teranga Gold Releases September Quarter Report

Gabriel Releases Third Quarter Report & NI 43-101 Technical Report

Golden Rim Completes its 2012 Annual General Meeting

Employees at Buffelsfontein Gold Mine Return to Work

Hochschild Boosts Project Pipeline with Recommended All-Cash Offer for Andina

Silver Standard Reports Q3 2012 Financial Results & Further Exploration Results at Pirquitas

Noble Accepts Revised A$85m Financing Offer from Resolute

IMZ Provides Earnings Guidance for First Fiscal Quarter Ended Sep 30, 2012

AuRo Resources Corp. Closes Private Placement

Abcourt Announces Date for Annual and Special Meeting of Shareholders

Swift to Acquire Copper Property on Vancouver Island

Pan African Resources Update Regarding Evander Acquisition

Mountain Lake Provides Corporate Overview as it Begins Trading on CNSX

SEMAFO Releases Third Quarter 2012 Results

Melkior Drills 1616 Metres at Carscallen, Plans Next Program

Sacre-Coeur Minerals Announces Gold Participating Bond Offering

Source Begins Ground Magnetic Geophysical Survey at Las Minas

Kootenay Silver Announces Major Drilling Slated to Begin on Promontorio

Avino Provides October Production Report

Colombia Crest Gold Letter to Shareholders

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