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Africa Gold News is an EIN News Service for gold industry professionals. Constantly updated news and information about Africa Gold.
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  • Gold prices spark incentive to cash in 'under-the-pillow' investments 25 Nov 2009 01:34 GMT
    ... in the global markets, an ounce of gold was worth $1,170. While a number of analysts ... the Anatolia news agency, Halaç said soaring gold prices are making Turks richer but causing damage ... citing a recent estimate by the London Bullion Market Association that prices will shortly reach ...

  • Goldman Sachs says gold prices are justified 27 Nov 2009 14:33 GMT
    ... 27 November 2009 - Dow Jones Newswires Goldman Sachs says gold prices are justified Gold and other commodities ... 40% since the start of the year. Industry players have been scratching their heads as ...

  • Gold industry in South Africa dying 25 Nov 2009 06:10 GMT
    ... An article in the South African Journal of Science ... African Journal of Science suggests the country's gold industry is in its death throes. It says ...

  • Jewelry owners cashing in on high gold prices 29 Nov 2009 21:32 GMT
    ... Rising gold prices and an economy that's still in the ... got a gold Krugerrand coin from South Africa. It gave the seller $1,000, the highest ...

  • How High Can Gold Prices Go? 24 Nov 2009 18:02 GMT
    ... The price of gold continues to go up, and many experts ... over the years. Grice notes that is trading at roughly the same real price now ... start asking where they can bogart some bullion, I will call bubble, and not before. ...

  • A beginner's guide to investing in gold 27 Nov 2009 13:10 GMT
    ... A beginner's guide to investing in gold Gold has been sought after for its ... allocation to gold related investments and gold bullion. In these uncertain times, caution and risk ... Fund, Sprott Gold & Precious Minerals Fund Gold futures are traded on exchanges in London, Tokyo, ...

  • US gold up on options-related buying, fund demand 24 Nov 2009 16:20 GMT
    ... NEW YORK, Nov 24 (Reuters) - U.S. gold futures turned higher in heavy trade Tuesday on ... expiration - George Gero at RBC. * Bullion holds gains in spite of a slight ... recoverable gold found in the Horn of African country last month. [ID:nGEE5AN1WS] * Gold-to-oil ratio ...

  • US gold ends up on options-related buying, funds 24 Nov 2009 20:52 GMT
    ... NEW YORK, Nov 24 (Reuters) - U.S. gold futures ended higher in very heavy trade Tuesday, ... expiration - George Gero at RBC. * Bullion holds gains in spite of a slight ... recoverable gold found in the Horn of African country last month. [ID:nGEE5AN1WS] * Gold-to-oil ratio ...

  • China Sees Buying Opportunity in Gold and Crude Oil Drop 30 Nov 2009 19:08 GMT
    ... THE PRICE OF GOLD traded in a wide 1.5% range early ... higher have not changed," writes South Africa bullion-dealer David Levenstein at MineWeb today – "the ... to realize just how important the gold industry is to Australia." China's largest gold mining ...

  • Gold & Oil Dips "Present Buying Opportunity" Says Chinese State Investment Advisor 30 Nov 2009 16:24 GMT
    ... opportunity to put some forex reserves into gold or oil reserves," says Ji Xiaonan, chair ... 2009 as a whole – confirming what BullionVault forecast in Sept. and quoting senior figures ... to realize just how important the gold industry is to Australia." China's largest gold mining ...

  • Gold Hits 19th Record in 37 Sessions 25 Nov 2009 19:10 GMT
    ... THE PRICE OF GOLD broke fresh record highs vs. the Dollar for ... website Numismaster, with "just about all US bullion wholesalers unable to accept orders for the ... and continued investor inflows." Standard Chartered sees gold prices as "likely to consolidate" in the first ...

  • Gold rush forces US to clip Eagle sales 26 Nov 2009 22:55 GMT
    ... Gold rush forces US to clip Eagle sales Published: ... suspend sales of the world’s most popular bullion coin, the American Eagle, after running out ... market demand”. The stoppage helped to push gold prices yesterday to a fresh all-time high of ...

  • Jim Rogers on Why Gold Is Glittering So Brightly 26 Nov 2009 02:12 GMT
    ... assignment in Singapore on Nov. 24 when gold hit an all-time high of $1,174 an ... today, with the Russian central bank buying bullion. How high can gold go? Well, I ... run interviewing heads of state, captains of industry, and lords of finance for . In ...

  • India may buy more gold from IMF, gold soars 26 Nov 2009 18:13 GMT
    ... of India purchasd $7 billion worth of gold bullion and now there have been talks that ... to $1,183 at the end of the trading session. notes that India’s investment of $7 ...

  • Mines run out of gold 26 Nov 2009 05:37 GMT
    ... Gold production will continue to fall, despite a ... that the grade or quality of deposits industry-wide will be "on average lower than deposits ... from existing supplies — such as coins, bullion or jewelry — but it will be ...

  • We're running out of gold: miners 25 Nov 2009 06:34 GMT
    ... MONTREAL (AFP) - Gold production will continue to fall, despite a ... that the grade or quality of deposits industry-wide will be "on average lower than deposits ... from existing supplies -- such as coins, bullion or jewelry -- but it will be ...

  • We`re running out of gold: Miners 25 Nov 2009 09:22 GMT
    ... Montreal: Gold production will continue to fall, despite a ... that the grade or quality of deposits industry-wide will be "on average lower than deposits ... from existing supplies -- such as coins, bullion or jewelry -- but it will be ...

  • Gold Hits 19th Record in 37 Sessions as "Risk Appetite" Rewinds to July 2008 25 Nov 2009 15:34 GMT
    ... drop to approach new 14-month highs. The gold price in Euros dipped 0.6% to €783 an ... website , with "just about all US bullion wholesalers unable to accept orders for the ... and continued investor inflows." Standard Chartered sees gold prices as "likely to consolidate" in the first ...

  • South African mines run out of gold 26 Nov 2009 10:33 GMT
    ... across the globe are rushing to buy gold fearing a big fall of dollar, miners in ... found in recent years, despite the higher gold prices and despite higher exploration budgets. The global ... come from existing supplies such as coins, bullion or jewelry but it will be very ...

  • We're running out of gold - miners 25 Nov 2009 02:54 GMT
    ... a spokeswoman for Goldcorp, Canada's second biggest gold mining firm. "Just because gold reached a ... that the grade or quality of deposits industry-wide will be "on average lower than deposits ... from existing supplies -- such as coins, bullion or jewelry -- but it will be ...

  • Minerals: We're running out of gold - miners 25 Nov 2009 06:17 GMT
    ... a spokeswoman for Goldcorp, Canada's second biggest gold mining firm. "Just because gold reached a ... that the grade or quality of deposits industry-wide will be "on average lower than deposits ... from existing supplies -- such as coins, bullion or jewelry -- but it will be ...

  • Roger Wiegand: $2,960 Gold on the Horizon? 28 Nov 2009 01:54 GMT
    ... Manipulation and money that's been on the sidelines ... Wiegand in this exclusive interview with The Gold Report. He see the makings of some ... to. Next, as of November 24, December gold futures are trading at $1,165 and have enough ...

  • Gold Price Forecast to Rise to $2,960 28 Nov 2009 14:16 GMT
    ... Manipulation and money that's been on the sidelines ... Wiegand in this exclusive interview with The Gold Report. He see the makings of some ... to. Next, as of November 24, December gold futures are trading at $1,165 and have enough ...

  • Orezone and North Atlantic Consolidate Niger Uranium Licenses 23 Nov 2009 14:12 GMT
    ... OTTAWA (Marketwire) - Orezone Gold Corporation (TSX:ORE) and North Atlantic Resources Ltd. ... Atlantic Scott Waldie, CEO 416-703-6348 swaldie@nac-tsx.com www.nac-tsx.com INDUSTRY: Manufacturing and Production - Mining and Metals ...

  • Beware gold miners bearing stock offerings ' Midas 25 Nov 2009 17:18 GMT
    ... Beware gold miners bearing stock offerings – Midas 25th ... ten years." The fragmented nature of the industry means that Midas predominantly holds stocks in ...


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