Latest news on ‘Metals & Mining’
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U.S. dollar holds ground, Aussie hurt by IMF gold sales
TOKYO (Reuters) – The dollar rose on a basket of currencies on Thursday extending gains near to 7-month highs after the International Monetary Fund said it planned to sell more [...]
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DJ Xstrata Completes Sale Of Chile’s El Morro Project To New Gold
(Dow Jones Commodities News via Comtex)
Xstrata PLC’s (XTA.LN) Xstrata Copper Chile SA has sold a 70% stake in its El Morro copper-gold project in Chile to Vancouver’s New Gold Inc. [...] -
The Buzz: Gold and oil down. But not out?
Paul R. La Monica
It hasn’t been a good year for the black and gold.
Oh sure, fans of the New Orleans Saints are partying today following their team’s first Super Bowl [...] -
Energizer Resources Receives Additional Drill Assay Results From Manga Zone on Its Green Giant Vanadium Project-Including 1.11% V2O5 Over 22.5 Metres
Energizer Resources Inc. (formerly Uranium Star Corp.) (OTCBB: URST)(FRANKFURT: YE5) (”Energizer” or “the Company”) is pleased to announce additional assay results for its Manga Zone on its Green Giant Vanadium [...]
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The gold ‘bubble’ takes a bow to the dollar
By Aaron Smith – CNN
Gold prices have taken a dive this week as investors rekindle their faith in the stock market and the almighty dollar.
“There are a lot of people [...] -
Gold Is the New Tupperware, and You’re Invited to the Party
by Kelly Evans of the Wall Street Journal
It’s much more fun than a pawnshop; the cash is only so-so but comes in handy.
The 1950s were big for Tupperware parties. The [...] -
Terex Plans To Use Money From Mining Sale for Acquisitions
Terex Corp. (TEX) intends to use the money from the sale of its mining business to Bucyrus International Inc. (BUCY) to acquire machinery and industrial companies in niche markets.
Terex said [...] -
Royal Gold offfers $707M for International Royalty
DENVER (AP) – Precious metals royalty company Royal Gold Inc. wants to acquire International Royalty Corp. in a transaction valued at 749 million Canadian dollars ($706.9 million.)
Royal Gold says that [...] -
Alpha Natural Resources upgraded, shares rise
NEW YORK (AP) – Shares of Alpha Natural Resources Inc. climbed on Monday as an analyst upgraded the coal operator on expectations that it is positioned to gain from rising [...]
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Gold tarnished by dollar run
NEW YORK (CNNMoney.com) – Gold prices extended their decline for a second straight session Monday as the dollar continued to rise.
Gold for February delivery slid $5.50 to settle at $1,164.00 [...]
