Gold prices have rebounded to above $1,600 an ounce, from as low as $1,540 in May, on hopes of further monetary easing from both the Federal Reserve and the European Central Bank. "When we look forward into the second half of this year, there are a great many unanswered questions that could potentially be positive for the gold market in terms of the future of the euro zone and also I think in North America," said Marcus [...]
After a solid start to the year, gold mining stocks have struggled of late. The Market Vectors Gold Miners ETF (GDX) is down almost 15 percent year-to-date, while the Market Vectors Junior Gold Miners ETF (GDXJ) has crumbled nearly 22 percent over the same period. The Paragon Report examines investing opportunities in Gold Industry and provides equity research on Newmont Mining and Harmony Gold Mining
Witwatersrand Consolidated Gold Resources Limited and Pan African Resources plc, collectively the 'Consortium' announced today that they have entered into an agreement with Harmony Gold Mining Company Limited to acquire 100% of Harmony's interest in Evander Gold Mines Limited, in a 50/50 joint venture, for a total Transaction consideration of ZAR1.7 billion (C$210 million( 1)) less any distributions made by Evander to [...]
Pan African Resources plc, form a 50:50 partnership to acquire 100% of gold producer, Evander Gold Mines Ltd. from Harmony Gold Mining Company Ltd. for ZAR1.7 billion less any distributions made by Evander to Harmony prior to the Closing Date - Additional attributable gold resources and reserves for Wits Gold
Perth, Australia (ABN Newswire) - Black Range Minerals Limited (ASX:BLR) is pleased to announce that Mr. Benjamin Vallerine has been appointed to its Board of Directors.
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