GOLD

Gold bar

Gold helps lift TSX as euro deal optimism fades

Canadian stocks edged higher in early action on Friday, led by a rise in shares of gold and base metal miners, even as fading optimism over a European debt deal weighed on the broader market.
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Boddington Gold Mine

Newmont Mining Shares off on 3Q Earnings Decline

Shares of Newmont Mining Corp., the world's second-largest gold miner, fell Friday after its third-quarter profit slipped eight percent on markdowns of two recently acquired companies.
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TSX set for lower open as euro deal optimism fades

Canadian stocks looked set to open lower on Friday after rallying more than 2 percent on Thursday, as the investor optimism that followed Europe's latest debt crisis plan began to fade.
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Asian Stocks, European Futures Continue Surge

Asian stocks headed for their best week in nearly three years after a long-awaited plan to resolve the European debt crisis sparked a huge relief rally in riskier assets, while the euro took a breather after jumping to a seven-week high.
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Gold Steady After EU Deal Spurs Risk Rally

Spot gold held steady Friday, on course for its biggest weekly rise in 33 months, after the euro zone's last-minute deal on containing the debt crisis cheered investors, but a rebound in the dollar may weigh on prices.
File photo of Saudi Interior Minister Prince Nayef attending a news conference in the holy city of Mecca

Saudi King Abdullah Names Brother Nayef Crown Prince

Saudi Arabia's King Abdullah has appointed Interior Minister Prince Nayef as the new crown prince, the royal court said in a statement issued Friday, signaling an orderly process of future succession in the world's largest oil exporter.
Adam Wainwright

St. Louis Cardinals Will Keep Adam Wainwright for Two More Years

The St. Louis Cardinals have picked up a two-year, $21 million contract option on injured pitcher Adam Wainwright, helping set their rotation for next year, even if it meant making the move during the World Series against the Texas Rangers.
DTFF

Doha Tribeca Film Festival's Star-Studded Red Carpet [PHOTOS]

The Doha Tribeca Film Festival opened on Oct. 25 with a star-studded red carpet. The Doha Tribeca Film Festival is an annual celebration of film. Its goal is to promote a community-minded, audience-driven platform for the expression, exposure and celebration of both Arab and international films.
London Stock Exchange

Russia's Polymetal Sets Price for London Share Offering

Russian miner Polymetal will price new London-listed shares at the lower end of their indicated range, raising up to 446.2 million pounds ($710 million), as global market turmoil weakens investor sentiment, two sources close to the deal said.
Oegussa plant gold

AngloGold Ashanti Now Paying 30% Tax to Tanzania

Africa's biggest gold miner AngloGold Ashanti has started paying 30 percent corporate tax to the Tanzanian government this year for its Geita mine, in line with the east African country's new mining policy.
Barrick Gold Corp. mining

Barrick Gold's 3Q Profit Jumps 52%

Barrick Gold Corp. said Thursday its third-quarter profit jumped 52 percent as higher prices offset lower production. The world's biggest gold miner also increased its dividend.
Image of Queen Elizabeth II

World's First One Metric Ton Gold Coin

The biggest, heaviest, inherently the most valuable gold bullion coin in the world has been unveiled by The Perth Mint, a spokesman said Wednesday.
Gold pellets

Gold Price: Rising Out of 'Purgatory'?

Gold, which has just blown past its 100-day moving average price, is set to challenge its 50-day moving average, which is $1,741.17.
Argentine President Fernandez

Argentine Mineral Extraction Co.s Must Repatriate All Export Revenue

Argentina's oil, gas and mining companies must start repatriating all export revenue, according to an order by President Cristina Fernandez de Kirchner's administration, which is struggling to halt capital flight from the inflation-plagued economy.
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Claude Resources to Pay $18.7M for St. Eugene Mining

Precious metals miner Claude Resources increased its offer for the rest of St. Eugene Mining Corp. in a stock deal that now values the smaller gold exploration company at $18.7 million, the Canada-based company said.

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