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South America Gold News. Service for global professionals. Constantly updated news and information about South America Gold.
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Latest South America Gold News

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  • Gold Price 2010 Forecast $1,500 and Seasonal Influences on Precious Metals 14 Nov 2009 02:18 GMT
    ... the miners have tended to lag the price of gold and that they offer a very solid ... periods for an average gain of 9.5%. Gold prices are well above cost of production and ... largest exporter of industrial salt. Figure 2: Gold price versus average value US$/oz in situ Weighted ...

  • Placer Gold Corp. Gold Mines Projects Financing 14 Nov 2009 08:15 GMT
    ... ), the "Company," is progressing its gold mine financing proposals for the construction and ... was unable to complete at the lower gold price prevailing 6 months ago. The JV previously proposed ... 1,000,000 ounces of gold at $500 per ounce from a portion of future mine production ...

  • Kinross Announces US$125 Million Letter of Credit Guarantee Facility 14 Nov 2009 10:54 GMT
    ... Kinross (TSX:K)(NYSE:KGC) announced today that it has entered into ... Chief Financial Officer. Kinross is a Canadian-based gold mining company with mines and projects in ... with respect to possible events, the future price of gold and silver, the estimation of ...

  • Greystar Resources Announces Drill Results From the Los Laches Area at Angostura 14 Nov 2009 09:52 GMT
    ... Note 1: Down hole width has not been corrected but ... could be added to the 2.26 million ounce oxide resource (measured and indicated) already defined ... grade or recovery rates, fluctuations in the price of gold and silver, risks relating to additional funding ...

  • Aura Minerals Announces Third-Quarter 2009 Results 14 Nov 2009 10:54 GMT
    ... agreements to purchase the producing San Andres gold mine in Honduras (the "San Andres Mine") ... period; - Total cash costs(1)of US$534 per ounce of gold produced during the period; - ... San Andres Mine at an average realized gold price of US$964 per ounce, for total sales of ...

  • Crystallex Reports Q3 2009 Financial Results 14 Nov 2009 10:54 GMT
    ... is its interest in the Las Cristinas gold development project located in Bolivar State, Venezuela. Crystallex shares trade on the TSX (symbol: ... implied by the forward looking statements, including: gold price volatility; impact of any hedging activities, including ...

  • The Gold Price Today Effect 13 Nov 2009 12:58 GMT
    ... the market to capitalise on the high gold prices. Like a gymnast on steroids they’re working ... but we’ll come to that later. The gold price has shaped companies that rely on it ... – two spent swimmers. But where the price of gold goes up it’s usually in the face ...

  • Takara Acquires 437,000 Ounce Advanced Stage Gold Project in Guyana, South America (CCN) 13 Nov 2009 18:11 GMT
    ... "We are pleased about the acquisition of this advanced stage gold project, given that it has significant exploration upside ... Rosebel in Suriname and Las Cristinas in Venezuela. The Tassawini resource estimate has not been ...

  • Takara Acquires 437,000 Ounce Advanced Stage Gold Project in Guyana, South America (MRW) 13 Nov 2009 18:11 GMT
    ... "We are pleased about the acquisition of this advanced stage gold project, given that it has significant exploration upside ... Rosebel in Suriname and Las Cristinas in Venezuela. The Tassawini resource estimate has not been ...

  • Takara Acquires 437,000 Ounce Advanced Stage Gold Project in Guyana, South America 13 Nov 2009 18:11 GMT
    ... TORONTO, ONTARIO -- (MARKET WIRE) -- 11/13/09 -- ... has entered into an agreement with Victoria Gold Corp. (TSX VENTURE: VIT) ("Victoria") to acquire a ... Rosebel in Suriname and Las Cristinas in Venezuela. The Tassawini resource estimate has not been ...

  • Another Reason to Buy (More) Gold 13 Nov 2009 19:14 GMT
    ... and that's with gold at $900 an ounce. Well, too bad for them. But suddenly, ... means money buys less - and the gold price should rise. Then there is this chart of ... the chart, you can see the spot price of gold. The important thing here is that you ...

  • Gold: The Ultimate Unlevered Hard Asset 13 Nov 2009 06:31 GMT
    ... and that's with gold at $900 an ounce. Well, too bad for them. But suddenly, ... means money buys less - and the gold price should rise. Then there is this chart of ... the chart, you can see the spot price of gold. The important thing here is that you ...

  • Recognizing Higher Long Term Gold Outlook, Greystar Resources to Consider Alternative Processing Met 13 Nov 2009 09:31 GMT
    ... ") announced that the Company will initiate a program ... gold for the remaining twelve years. These gold prices limited our options for processing of the ... grade or recovery rates, fluctuations in the price of gold and silver, risks relating to additional funding ...

  • US has the largest gold holdings with 8 133 tonnes 13 Nov 2009 00:53 GMT
    ... Gold prices fell a tad for the first time in ... fresh record highs above the $1,120 an ounce mark early on Thursday in Asian trading, ... occasion, we are also told that future gold price moonshots will also be predicated on dwindling ...

  • PRECIOUS-Gold steadies above $1,100 after NY record high 13 Nov 2009 01:01 GMT
    ... TOKYO, Nov 13 (Reuters) - Gold steadied above $1,100 per ounce on Friday after it retreated from a record high the previous day on a ...


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