Fortuna Silver Mines Inc., which is traded on the Toronto Stock Exchange, has applied for a listing on the New York Stock Exchange, the Vancouver-based company said Monday.
Gold rose 1.4 percent Monday in early U.S. trading as investors inclined toward the view that the decision of the top U.S. central banker to extend by a day a key September meeting might indicate an intent to intervene in the bond market, an action that is bullish for gold.
Recent strikes in Indonesia by gold miners, pilots and supermarket staff over pay signal that workers have started to push for a greater share of profits in a booming economy that has drawn foreign investors partly for its low labor costs.
DRDGold , South Africa's fourth largest gold producer, said on Monday its headline earnings more than doubled as it lifted output during a period when the gold price steadily advanced.
Canadian gold miner Northgate Minerals said it agreed to be bought by peer AuRico Gold for C$1.46 billion ($1.48 billion), and ended a deal with Primero Mining .
Record gold prices, rather than denting China's enthusiasm for bullion, have emboldened investors to plough more money into gold bars and riskier bullion-based derivatives.
Gold prices eased a touch in holiday-thinned trade on Monday as investors took bets on higher prices off the table, disappointed by a lack of clear guidance from the Federal Reserve on Friday on the options for U.S. economic stimulus.
Record gold prices, rather than denting China's enthusiasm for bullion, have emboldened investors to plough more money into gold bars and riskier bullion-based derivatives.
Record gold prices, rather than denting China's enthusiasm for bullion, have emboldened investors to plough more money into gold bars and riskier bullion-based derivatives.
Fashion was high at the 2011 MTV Video Music Awards with stars like Kim Kardashian, Britney Spears and Selena Gomez dazzling the red carpet with their stunning gowns and dresses.
American Brittney Reese successfully defended her world long jump title with her first and only legitimate jump of 6.82 meters on Sunday.
American Trey Hardee retained his world decathlon title on Sunday after overhauling compatriot Ashton Eaton with third place in the discus.
Usain Bolt and Kenenisa Bekele relinquished their world titles on Sunday when the world's fastest man and the most successful distance runner false-started and failed to finish in the 100 and 10,000 metres finals.
World stocks rose 1 percent and the dollar fell on Friday as Federal Reserve Chairman Ben Bernanke left the door open for future U.S. economic stimulus.
A drive to benefit from record bullion prices lifted Australian gold production by 10 percent, or 24 metric tons, to 270 metric tons in the 2010/11 financial year, maintaining Australia's No. 2 ranking behind China, a sector survey released on Sunday showed.
A beautiful evening at the BMI Urban award function saw best of performances by the rappers and hip-hop stars. The event was hosted by BMI President & CEO Del Bryant and Catherine Brewton, Vice President, Writer/Publisher Relations, Atlanta.
Vivian Cheruiyot won gold in the women's 10,000 meters on Saturday as Kenya swept the first four places at the athletics world championships in Daegu, South Korea.
World stocks rose 1 percent and the dollar fell on Friday as Federal Reserve Chairman Ben Bernanke left the door open for future U.S. economic stimulus.
Everyone's heard about the Bahamas, but here's a look at the Bahamas not everyone knows about.
Guinea is in advanced talks with state-owned China Power Investment to develop a bauxite mine and build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said.
Gold rose Friday nearly 2 percent after the head of the U.S. central bank, in a closely analyzed speech, declined to signal more money printing as a way energize the moribund U.S. economy.
China's Lion Fund Management Co will launch next week the country's first mutual fund that invests in overseas oil and gas-related assets, as Chinese money managers step up innovation to woo investors haunted by inflation concerns.
