EIN News: Africa Gold News

Crude rises slighty

25 Jul 2008 07:35 GMT

... attacked by the US. Supply fears in Nigeria also re-emerged after a militant group warned ... that it will attack more oil installations. Gold finished almost flat, down 10 cents to $922.70 an ounce. ...

Australia's Subiaco spoils

25 Jul 2008 04:46 GMT

... mails from impressed Australia fans, irate South African supporters and everyone else in between... What ... the Wallabies. The telling factor was the gold forward pack standing up and doing the ... one match in Auckland between NZ and Oz, and they also retained the Bledisloe. As ...

Gold above 2-week low as oil bounces; platinum up

25 Jul 2008 03:32 GMT

... for autocatalysts. Gold rose to $927.40/928.40 an ounce from $923.00/924.00 late in New York on ... July 11. A Reuters poll showed average gold prices will rise more than 30 percent this ... that disrupted mining in main producer South Africa triggered speculative buying, but a combination of ...

Gold above 2-week low as oil bounces; platinum near lows

25 Jul 2008 00:45 GMT

... -- Gold rose to $927.40/928.40 an ounce from $923.00/924.00 late in New York on ... declines leftthe market oversold. O/R -- Average gold prices will rise more than 30 percent this ... as supply fears from major producer South Africa boost the market, a Reuters poll showed. ...

Australian shares outlook - Lower on bleak U.S. economic news

24 Jul 2008 23:27 GMT

... bouncing baby bear market will suffer a bounce down today.' On Thursday, the benchmark S&P/ASX ... was new threats by militant groups in Nigeria to attack oil facilities. The September Nymex ... home sales also weighed on metal prices. Gold prices eased only modestly on Thursday, gaining support ...

Midday Market Update: Dow Suffers Triple-Digit Loss on Housing Data

24 Jul 2008 18:13 GMT

... round-number support at the 2,300 level. The price of gold continued its retreat on Thursday, as the ... is down 6 cents to $17.40 an ounce, and October platinum has dropped $35.80 to ... intraday low of $123.50. New tensions in Nigeria helped to support the commodity, while the ...

African Eagle believes Miyabi has 1m gold ounces or more

24 Jul 2008 18:07 GMT

... HOME > JUNIOR MINING African Eagle believes Miyabi has 1m gold ounces ... a smaller resource, especially at current strong gold prices forecast by some to rise even higher. ... risk over its various exploration projects in Zambia, Mozambique and Tanzania and not managing too ...

Dow Suffers Triple-Digit Loss on Housing Data

24 Jul 2008 17:59 GMT

Highland Gold director clips stake

24 Jul 2008 17:34 GMT

... strengthened his grip on Russia-focused miner Highland Gold with the acquisition of 1.5m shares from ... anticipated to produce between 250,000 and 275,000 oz of gold per year, over a mine ... Amount purchased: 40,000 @ 59.00p Value: 23,600 African Eagle Resources (AFE) Director name: Mr Euan ...

Growth Stock Pick Of The Day (VIPR)

24 Jul 2008 17:32 GMT

... company working to develop two highly prospective gold and uranium properties in stable, mining-friendly and ... breaks and investment protection guarantees. The east African country has attracted $2.5 billion in investment ... discovery area, where drilling indicates a 543,000+ ounce resource. VIPR reports its property displays similar ...

IAMGOLD Corporation: Buckreef, Tanzania Resource Update Revised Resource Estimate Reflects Minzwel-Busolwa Discovery

24 Jul 2008 14:59 GMT

... IAMGOLD Corporation: Buckreef, Tanzania Resource Update Revised Resource ... ("IAMGOLD" or "the Company") is pleased to announce an increase in the mineral resources at ... in the fourth quarter following the Equatorial Africa rainy season. Table 1: Buckreef Project Mineral ...

Platinum Goes Soft

24 Jul 2008 13:57 GMT

... Johannesburg, Jul 24, 2008 (Business Day/All Africa Global Media via COMTEX) -- THINGS are ... The falling oil price means a lower gold price, and this tends to depress platinum ...

--> IAMGOLD Corporation: Buckreef, Tanzania Resource Update

24 Jul 2008 13:33 GMT

... TORONTO, ONTARIO--(Marketwire - July 24, 2008) - IAMGOLD Corporation ("IAMGOLD" or "the Company") is pleased to announce an increase in the mineral resources at ... in the fourth quarter following the Equatorial Africa rainy season. Table 1: Buckreef Project Mineral ...

IAMGOLD Corporation: Buckreef, Tanzania Resource Update

24 Jul 2008 13:31 GMT

... ONTARIO -- (MARKET WIRE) -- 07/24/08 -- IAMGOLD Corporation ("IAMGOLD" or "the Company") (TSX: )(BOTSWANA: ... Company") (TSX: )(BOTSWANA: IAMGOLD) is pleased to announce an increase in the mineral resources at ... in the fourth quarter following the Equatorial Africa rainy season. Table 1: Buckreef Project Mineral ...

Newcrest gold output drops 6pc

24 Jul 2008 12:48 GMT

... the report, reflecting both a sharply lower gold price overnight and the fall in quarterly production. ... $428 an ounce, up from $420 per ounce during the fourth quarter last year. Achieved ... project in Papua New Guinea, with South Africa's Harmony Goldmining, was nearly half-complete and mining ...