TSX Defers Considering Crocodile Gold's Poison Pill
The Toronto Stock Exchange is deferring consideration on whether to accept Crocodile Gold Corp.'s recently adopted poison pill plan so a securities commission can consider the matter.
Afton-Ajax Needs $795M in Investments - Study
KGHM, Europe's No.2 copper producer, and Abacus Mining will need to invest $795 million in their joint Canadian copper and gold project Afton-Ajax, according to a feasibility study cited by KGHM on Wednesday.
'Hobbit' Trailer Decoded: 7 Things We Learned about LOTR Movie [VIDEOS]
If the teaser trailer for The Hobbit: An Unexpected Journey is an indication, the newest addition to Jackson's Lord of the Rings movies will be both a commercial success and a fantasy nerd's dream. From more Tolkien songs and new characters to our first glimpses of Bilbo, Smaug and Thorin Oakenshield, here's what we learned from the new trailer.
Europe's Markets Pare Gains Wednesday at Mid-Day Following ECB Intervention
Europe's banks borrowed nearly €490 billion or $637 billion from the European Central Bank at its first-ever offer of three-year loans on Wednesday, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis. On Wednesday at mid-day, London's FTSE 100 was down 25 points to 5,393, Germany's DAX was down 29 points to 5,819, and France's CAC 40 was off 22 points to 3,033.
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Rockefeller Group, Mitsubishi Buy D.C. Office Building for $180 Million
The Rockefeller Group and Mitsubishi Estate New York have purchased a Washington D.C. office building from Tishman Speyer.
Gold, Silver Surge on Housing Data
Gold prices rose Tuesday with other commodities and global equities on unexpected signs the U.S. housing market is turning around and continued improvement in the Eurozone.
Gold, Silver Miners' Shares Soar
Shares of gold and silver miners soared Tuesday after a surprisingly strong U.S. housing report sparked a global move toward risky assets that lifted equities, commodities and the euro.
Kobe Bryant Divorce Could Affect Endorsements, Long-term Reputation
NBA superstar Kobe Bryant's pending divorce to wife Vanessa Bryant grabbed headlines last Friday, but it is the cheating allegations that could continue to linger and plague the Los Angeles Lakers guard.
Gold Found to Boost Solar Cell Efficiency - Study
A layer of gold nanodots on the surface of indium-tin oxide (ITO) coated glass may improve the efficiency of organic photovoltaic cells, according to new research published in the journal, Gold Bulletin.
Indian Gold Buying Down as Rupee Weakens
Gold prices in India, the world's top buyer, edged higher on Tuesday on a weak rupee and recovery in the world market, although the upside further discouraged buying, dealers said.
Crocodile Adopts 'Poison Pill, Offers Maud Creek Update
Australia-focused Crocodile Gold Corp., which is in the middle of an unsolicited takeover offer, said Tuesday a new study estimates its Maud Creek Deposit holds inferred resources of 1,072,000 ounces of gold at 2.4 gram per ton.
Gold Rises 1%, Silver up 2% on U.S., German Data
Gold prices rose more than 1 percent and silver popped nearly 2 percent Tuesday on fresh evidence the struggling U.S. housing industry is recovering plus rising German business sentiment that boosted investors' risk appetite.
Ron Paul is a Pirate
Ron Paul's has emerged as the new GOP frontrunner in Iowa with a not-Mitt tag. But political pundits and voters should pay greater heed to his sudden rise. The anyone but Romney title downplays Paul's emergence, writing him off as just the latest in a string of candidates-du-jour. But Ron Paul is more than a fling.
Asia Stocks and Euro Edge up After Selloff
Asian stocks and the euro edged up on Tuesday, but sentiment remained fragile on concerns that efforts to contain the euro zone debt crisis were faltering and tougher rules to strengthen banks' capital would further undermine their profits.
Lakers Preview: Turmoil Following Kobe's Divorce, the Odom Trade, and Howard Talks?
The Lakers have had an unusual off-season.
Crimes of New York: Deloris Gillespie's Horror in a Brooklyn Elevator
Jerome Isaac brutally killed a 73-year-old woman by setting her on fire in an elevator. What drove him to the point of madness?
Silver, Palladium Fall but Gold Stays Near $1,600
Prices for silver and palladium, the two precious metals with the most industrial applications, fell Monday on growing evidence of weakening demand from China and a possible recession in Europe.
South American Silver's In-Ground Resources Double - CEO
South American Silver Corp. said Monday its Escalones copper-gold-silver project in central Chile has inferred resources of 610,000 ounces of gold and 16.8 million ounces of silver.
Elizabeth Taylor Auction: ‘National Velvet’ Script Fetches More Than $170,000
Elizabeth Taylor's pricey baubles and couture gowns weren't the only items to fetch a high price at auction.
Gold-Ore Resources Buying Astur Gold for $150M
Gold-Ore Resources Ltd. is buying Astur Gold Corp. in a$150 million all-stock deal that will create a gold producer focused on Spain and Sweden.
European Goldfields Sees Qatar Money as Fall-Back Option
European Goldfields, which has agreed a C$2.5 billion ($2.4 billion) takeover by Canadian group Eldorado Gold, is hoping to keep an investment deal with Qatar's sovereign wealth fund as a fall back option.
Technical Issues Delay Grasberg Workers Return
Striking workers at Freeport McMoRan Copper & Gold Inc's giant Indonesian mine delayed on Saturday until next week a plan to go back to work after a three-month strike because of technical issues, a union spokesman said.
Peru's Pres. Slips in Polls after Mine Protests
Peruvian President Ollanta Humala's approval rating fell for the third straight month in December to 47 percent after fierce protests against a mining project sparked his government's first crisis, pollster Ipsos Apoyo said on Sunday.
Gold Going beneath $1,500 in Next 3 Months - Poll
Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders.
Newcrest Mining Cuts '11 Gold Output Forecast
Australia's Newcrest Mining Ltd., the world's third-largest gold producer, on Monday cut its 2011 guidance for gold output to 2.43 million ounces to 2.55 million ounces.
European Goldfields OKs $2.4B Takeover by Eldorado Gold
European Goldfields, which has agreed a C$2.5 billion ($2.4 billion) takeover by Canadian group Eldorado Gold, said on Monday an investment deal with Qatar's sovereign wealth fund remained in place.
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