Jun 252014
 

According to the Observer, hip-hop’s go-to jeweler, Jacob Arabo and his company have been implicated for illegal gold mining practices in Swaziland, Africa. The report states that a current employee of the company, Beke Janel, is currently imprisoned for holding 27kg of illegally mined gold. Jacob and Co. have a license to mine for gold in the Northern […]

Jun 232014
 

The Yesil District of North Kazakhstan has begun to develop its Aulie gold deposit, according to a report from Novosti-Kazakhstan. Geologists found gold in an area near the village of Bulak.  The Yesil District’s territory includes a population of 180,000 people and the region is believed to house a number of significant deposits of gold, […]

Jun 202014
 

Gold ETFs started 2014 on a positive note after a dismal 2013 as net ETF outflows in gold were zero in contrast to the 177 tons of outflows witnessed in the year-ago quarter. Last year, gold ETFs had suffered massive outflows as the slump in prices tarnished its image as a gold haven, thereby affecting […]

Jun 202014
 

Gold ETFs started 2014 on a positive note after a dismal 2013 as net ETF outflows in gold were zero in contrast to the 177 tons of outflows witnessed in the year-ago quarter. Last year, gold ETFs had suffered massive outflows as the slump in prices tarnished its image as a gold haven, thereby affecting […]

Jun 172014
 

As gold prices remain soft, gold miners’ shares find themselves on shaky ground. However, it looks like for some of them, the worst could be over. IAMGOLD (NYSE: IAG  ) , Eldorado Gold (NYSE: EGO  ) , and Kinross Gold (NYSE: KGC  ) were under serious pressure last year, but so far this year their shares have stood […]

Jun 172014
 

As gold prices remain soft, gold miners’ shares find themselves on shaky ground. However, it looks like for some of them, the worst could be over. IAMGOLD (NYSE: IAG  ) , Eldorado Gold (NYSE: EGO  ) , and Kinross Gold (NYSE: KGC  ) were under serious pressure last year, but so far this year their shares have stood […]

Jun 122014
 
Are Gold Miners Worth Investing In? – Equities.com

Gold mining stocks were hammered last year as gold prices fell almost 30%. Investments in gold fell as investors pulled money out of exchange traded funds. This was mainly due to the fact that the U.S. Federal Reserve indicated that it will start winding up its quantitative easing program. The Fed has already started easing its bond […]

Jun 122014
 
Are Gold Miners Worth Investing In? – Equities.com

Gold mining stocks were hammered last year as gold prices fell almost 30%. Investments in gold fell as investors pulled money out of exchange traded funds. This was mainly due to the fact that the U.S. Federal Reserve indicated that it will start winding up its quantitative easing program. The Fed has already started easing its bond […]

Jun 122014
 
Peru Blows Up Gold Mine Machines in Bid to Legalize Activity – Bloomberg

Crisologo Quispe says he halted operations at his gold mine in the Peruvian jungle in April after police used dynamite to blow up $350,000 loaders at a nearby site. Quispe fired 17 workers and moved machinery elsewhere on concern his concession in 428 hectares (1,057 acres) of jungle bordering the Madre de Dios region of […]

Jun 092014
 
How the Market Vectors Gold Miners ETF (NYSE Arca: GDX) Can Work for Your … – Money Morning

Gold mining stocks were hammered over the last two years. But the top gold mining investments, like Market Vectors Gold Miners ETF (NYSE Arca: GDX), are poised for a comeback. “The past couple of years have seen considerable pressure on most gold equities, thanks in large part to a declining then consolidating gold price,” Money […]