ZURICH, March 7 (Reuters) - The Swiss National Bank reported a loss for 2013, as profit from its foreign currency reserves failed to offset a decline in the valuation of its gold holdings after the price of the precious metal slumped last year.
One of the biggest risks to gold miners - aside from lower gold prices - has been country risk where the companies house their mines, but overall country risk is improving , according to a J.P
Weaker gold prices are forcing some gold mining companies to sell assets to raise cash, but AngloGold Ashanti ( AU ) CEO Srinivasan Venkatakrishnan
Instead of a multi-year downtrend, with disinvestment putting pressure on prices over time, many of the variables that drive gold prices (lower in 2013) have already reset to an extent," says Nomura, boosting its gold target to $1,335 this year (it's
the project no longer meets the company’s requirements for development; GOLD wants projects that have 3M oz. of gold reserves using an assumed gold price of $1,000/oz. and an internal rate of return of 20%. Post your comment!
New York resident Kevin Maher files suit against the five banks who set the London gold fix each day, accusing them off price manipulation. The five: Deutsche ( DB ), Barclays ( BCS ), Scotiabank ( BNS ), HSBC , and SocGen ( OTCPK:SCGLY ). The setting of the benchmark occurs twice a day in a ...
LONDON (Reuters) - The five banks involved in setting the London benchmark gold price have been accused in a lawsuit of price manipulation, a filing with a U.S. federal court in New York showed.
LONDON, March 5 (Reuters) - The five banks involved in setting the London benchmark gold price have been accused in a lawsuit of price manipulation, a filing with a U.S. federal court in New York...
central and western Russia back to their bases . The news has sparked a rise in U.S. stock futures and weakened oil and gold prices . The drills began last Wednesday, with some taking place near the border with Ukraine, exacerbating fears about a possible
barriers remain and the transaction remains uncertain to close as originally proposed. Since the original announcement, gold prices have risen roughly 8% and Osisko's shares have risen 20%, now trading more than 10% above Goldcorp's offer (as adjusted