Latest Gold as an investment Stories
(all amounts are in US dollars unless otherwise indicated) TORONTO, Jan. 29, 2013 /PRNewswire/ - AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), ("AuRico" or the "Company") announced today that it has taken up and paid for 36,144,578 common shares ("Shares") at a price of $8.30 per Share (the "Purchase Price") under the Company's "modified Dutch auction" substantial issuer bid to purchase for cancellation up to $300,000,000 of its Shares (the "Offer"). The Shares purchased represent...
LAS VEGAS, Jan. 24, 2013 /PRNewswire/ -- Maxam Gold Corporation (Pink Sheets: MXAM) http://www.max-amgold.com, a leading gold mining and development company, announced today that Pembina Limitada S.A. and Maxam Gold Corporation have entered into a joint venture agreement with Comanche Capital, Inc. to purchase Nicaraguan gold. Charles Langrill, President and CEO of Maxam Gold Corporation, stated: "Maxam Gold Corporation and Pembina Limitada, S.A. a Nicaraguan Corporation, which is a...
LAS VEGAS, Jan. 23, 2013 /PRNewswire/ -- Maxam Gold Corporation (MXAM.PK) http://www.max-amgold.com, a leading gold mining and development company, announced today that it has acquired Pembina Limitada, S.A. a Nicaraguan Gold Mining Corporation. Charles Langrill, President and CEO of Maxam Gold Corporation, stated: "The acquisition of Pembina Limitada, S.A. will be a great addition to the Maxam Gold Corporation. Pembina Limitada owns two gold concessions with permits to explore and...
WUHAN CITY, China, Jan. 16, 2013 /PRNewswire/ -- Kingold Jewelry, Inc. (NASDAQ: KGJI), ("Kingold" or the "Company"), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced that the Company has signed a Gold Leasing Agreement ("Agreement") with China Construction Bank's ("CCB") Wuhan Jiang'An branch. The Agreement is similar to a revolving credit line, with CCB providing Kingold a reusable...
WUHAN, China, Jan. 11, 2013 /PRNewswire/ -- Kingold Jewelry, Inc. (NASDAQ: KGJI), ("Kingold" or the "Company"), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced that the Company has entered into a Subscription Agreement ("Agreement") with three individuals providing for the sale of 7,000,000 shares of its common stock at a price of $1.80 per share for gross proceeds of $12,600,000....
NEW YORK, Jan. 8, 2013 /PRNewswire/ -- Gold Bullion International (GBI), a leading provider of physical precious metals, today announced a 120% year-over-year growth in client holdings in 2012. Investments in human capital, strategic partnerships and new product offerings have underscored the company's leadership and growth momentum leading into 2013. Growth Highlights: Announced the addition of three key board members including Eric Schwartz, Sallie...
Toronto Stock Exchange: G New York Stock Exchange: GG (All Amounts in $US unless stated otherwise) VANCOUVER, Jan. 7, 2013 /PRNewswire/ - GOLDCORP INC. (TSX: G, NYSE: GG) today announced gold production and cash costs for 2012 and provided production and cash cost guidance for 2013 and the five-year period ending 2017. Highlights -- Strong fourth quarter 2012 gold production totaling 696,700 ounces, with total 2012 gold production of 2.39 million...
JOHANNESBURG, November 29, 2012 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announces the creation of a new South African gold mining company through the proposed unbundling of its 100% owned subsidiary, Sibanye Gold Limited (Sibanye Gold), formerly known as GFI Mining South Africa Proprietary Limited (GFIMSA), which holds the KDC and Beatrix gold mines as well as various service companies. Subject to approval by the JSE and...
LONDON, Nov. 15, 2012 /PRNewswire/ -- Global gold demand in Q3 2012 was 1,084.6 tonnes (t), down 11% from the record Q3 2011 figure of 1,223.5t. This dip in demand is in comparison with exceptional demand in Q3 last year. Gold demand remains resilient. Q3 2012 was above the five year quarterly average of 984.7t, according to the World Gold Council's Gold Demand Trends Report. To view the multimedia assets associated with this release, please click:...
9.5 metric tons of 24-karat gold products processed, an increase of 44% Net sales increased 4.8% to $220.8 million Gross profit margin was 5.7% compared to 6.6% for 2011 Net income attributable to common shareholders of $8.4 million, or $0.15 per diluted share Company reiterates guidance of approximately 35 tons processed during 2012 WUHAN CITY, China, Nov. 13, 2012 /PRNewswire/ -- Kingold Jewelry, Inc. (NASDAQ: KGJI), one of China's leading manufacturers and...
