Important metal gold Information




Kinross to buy 100% of Lobo-Marte gold project for US$250mn - Chile (Business News Americas)

Toronto-based Kinross Gold (TSX: K, NYSE: KGC) reported it has reached agreements with Teck (TSX: TCK) and Anglo American (LSE: AAL) to acquire 100% of the Lobo-Marte yellow metal project in Chile's region III for US$250mn plus a royalty.

PRECIOUS METALS: Safety Buying Boosts NY Gold As Markets Slip (INO News)

NEW YORK (Dow Jones)--Gold futures bucked Thursday's widespread commodities and equities selloff as participants sought a safe haven - a type of buying that has been overshadowed during the metal's recent declines.

Gold Rises on Speculation Interest Rates to Fall; Silver Drops (Bloomberg)

Nov. 20 (Bloomberg) -- Gold climbed for a second straight day on speculation the Federal Reserve will lower interest rates to stimulate the U.S. economy, boosting the appeal of the precious metal as an alternative asset.

Q3 gold purchases up 66 per cent, at all time high (Business Standard India)

As the global economic slowdown takes hold, India’s gold demand has recorded an all-time high quarterly growth of 66 per cent in the third quarter of the current calendar year as investors continued to find the yellow metal a safe haven.

Kinross to Buy Chilean Gold Project for $250 Million (Update2) (Bloomberg)

Nov. 20 (Bloomberg) -- Kinross Gold Corp. , Canada's third- largest producer of the metal, agreed to buy Minera Santa Rosa SCM for about $250 million in cash and stock to gain ownership of the Lobo-Marte gold project in Chile.

Gold Rises on Speculation Interest Rates to Fall; Silver Drops (Bloomberg)

Nov. 20 (Bloomberg) -- Gold rose for the second straight day on speculation the Federal Reserve will lower interest rates to stimulate the economy, boosting the appeal of the precious metal as an alternative to U.S. assets.

Gold collar 'best Iron Age find in 50 years' (AFP via Yahoo! News)

A 2,200-year-old gold and silver collar valued at more than 350,000 pounds which was unearthed by a metal detector enthusiast in a field in Nottinghamshire has been described as the best find of its kind in 50 years.

Gold collar 'best Iron Age find in 50 years' (AFP via Yahoo! UK & Ireland News)

A 2,200-year-old gold and silver collar valued at more than 350,000 poundswhich was unearthed by a metal detector enthusiast in a field in Nottinghamshire has been described as the best find of its kind in 50 years.

Gold Rises as Falling Dollar, Equities Increase Haven Appeal (Bloomberg)

Nov. 20 (Bloomberg) -- Gold rose in Asia as a decline in the dollar and tumbling world equity prices increased the appeal of the metal as an alternative investment.

Gold Rises on Speculation Dollar Rally to Stall; Platinum Falls (Bloomberg)

Nov. 19 (Bloomberg) -- Gold rose for the first time this week in New York on speculation that the dollar's rally will stall, boosting the appeal of the precious metal as an alternative investment. Silver and platinum declined.


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