GOLD

Grasberg Mine

Eurozone Crisis Bodes Well for Gold Price - Analysis

Gold has confounded market watchers by refusing to behave like a safe-haven and instead has tracked equities over the past few weeks, but the escalating European debt crisis could see bullion ditch its risk-asset mantle and return to record highs.

Rainy River Sees Gold in Northwest Ontario

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Gold exploration company Rainy River said it has completed a preliminary assessment of its Rainy River project, which indicates that the gold project in northwest Ontario is viable.
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Gold ETPs Steady in October - Report

Investors stuck with gold exchange-traded products (ETPs) in October, but most other commodities ETPs saw outflows as investors remained cautious about the outlook for economic growth.
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Gold bars

Gold Withstands Stampede, Slips Just $8

Gold prices slipped modestly Wednesday as stock investors in Europe and the U.S. dumped their holdings and abandoned the euro in a global stampede to safety.
Silver bullion

First Majestic Silver 3Q Lifted by Higher Prices

First Majestic Silver Corp.'s third-quarter profit rose as higher silver prices lifted revenue 88 percent, offsetting a decline in silver produced, the Vancouver-based mining company said Wednesday.
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Goldman Faces Lawsuits Over $15.8 Billion in Mortgages

Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.
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AngloGold Ashanti Beats 3Q Estimates

AngloGold Ashanti , the world No. 3 gold miner, reported record-breaking quarterly earnings on Wednesday, beating forecasts as bullion's bull run filled its coffers.
Yanacocha Mine

Peaceful Demonstration at Newmont Mining Site in Peru

A one-day protest by communities in the northern region of Cajamarca on Wednesday against Newmont's $4.8 billion Conga gold project was peaceful and did not hurt mining operations, the government and the company said.
AngloGold Ashanti mine in Ghana

AngloGold Ashanti Eyes Deep Mining to Boost Reserves

The chief executive of AngloGold Ashanti said the world's No. 3 gold producer could employ deep-mining technology under development in South Africa in other countries, with future ore discoveries expected to be far below the surface.
Gold

India Gold Slips From 2-Months High

India gold slipped from its morning high on Wednesday, as investors chose to take profits after a rally that took it to a more than two months high triggered by safe haven buying.
Gold bullion from American Precious Metals Exchange

Gold Tops $1,800 as Italy's Govt Teeters

Gold rose above $1,800 an ounce on Tuesday for the first time in over a month, fueled by worries that a teetering government in euro zone's third largest economy Italy would deepen the region's debt crisis.
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MF Global's Metal Trading Clients Face Challenges

Metals clients of failed U.S. broker dealer MF Global's British unit face delays in their positions being transferred to new brokers after a problem with London Metal Exchange (LME) data slowed the migration process, industry sources said on Tuesday.
Grasberg mine

Grasberg Miners Back Down on Pay Demand

Freeport McMoRan Copper & Gold Inc's union in Indonesia will consider almost halving its pay demand if the firm agrees an extra pay hike when workers are promoted, the union said on Tuesday, taking the near two-month strike a step towards resolution.
Lihir Gold Mine

Gold Poised to Climb Past $1,800

Gold prices Tuesday bumped around the previous day's closing price on profit-taking but safe-haven buying and favorable currency moves appeared set to lift the metal above $1,800 per ounce.
Traders work on the floor of the New York Stock Exchange

Futures rise ahead of Italy budget vote

Stock index futures rose on Tuesday as lawmakers in Rome readied for a crucial vote on public finances that marks the latest chapter in the euro zone debt crisis.
Molten silver being poured at Rochester facility

Coeur d'Alene Mines Swings to Profit in 3Q

Coeur d'Alene Mines Ltd. swung to a profit in the third quarter as silver prices doubled and gold production increased, said the company, the largest U.S.-based silver producer.
Gold pellets

Yukon-Gold Narrows 3Q Loss

Yukon-Nevada Gold Corp. reduced its third-quarter loss on higher gold prices and increased gold production as well as a gain on warrants.

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