Randgold Resources Sees Growth Potential in Congo

Randgold Resources is pointing to Congo as the next area to fuel growth for the gold sector, eyeing prospects similar to those of booming West Africa as the miner nears production for Kibali, potentially one of Africa's largest gold mines.
Harmony Gold CEO Graham Briggs

Harmony Gold Cuts Full-Year Production Target

Harmony Gold, South Africa's third-largest bullion miner, cut its full-year production target by 13 percent on Monday, as safety stoppages threatened to crimp a surge in profit from record gold prices.
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India increases base import price of gold, silver

Gold Prices Hold Steady; Heading for 5th Winning Week

Gold prices held steady on Friday, on course for a fifth straight week of gains, as investors awaited a key U.S. labor market report after upbeat jobless claims data in the previous session helped send bullion to a two-month high.
Gold Keeps up Rally after Best January in 32 Years

Declining Investor Confidence Helping Gold Prices -- Analysis

Gold prices rose for a second straight day on Wednesday in correlation with the euro. It came on the same day that the Global Investor Confidence index measured by State Street Global Markets fell just more than two points, suggesting that the continuing economic turbulence is fueling investors to seek out more stable assets like gold.
Gold mining executives meeting in Toronto for an annual prospectors' convention have been buzzing about the relatively weak valuation their stocks have seen in recent times, scratching their heads regarding what they should be doing about it, the Financia

Italy's Biggest Scrap Gold Buyer Sees Bright '12

OroCash, Italy's biggest buyer of used gold jewelry, expects business to flourish this year with the opening of 150 new collection points in Italyand abroad as high gold prices and unfolding economic crisis prompt people to sell family assets.

Gold Prices in Tight Range, January Gains Hearten Investors

Gold prices were on course for their biggest monthly rise since August on Tuesday, boosted by economic unease in Europe and the United States and raising the possibility of a climb toward last year's record high of just over $1,900 per ounce.
Indian gold jewelery

Gold Prices Jump 2% on Fed Promise of More Easy Money

Gold rallied 2 percent on Wednesday, rising above $1,700 an ounce for the first time since mid-December after the U.S. Federal Reserve said it will likely not raise rates for longer than previously expected due to a sluggish economic recovery.
Casa Berardi Project

Gold Prices Rise 1% to 6-Week High

Gold rose 1 percent on Monday to a six-week high, boosted by technical buying and as the euro rallied ahead of the outcome of a euro zone meeting on Greek debt restructuring.
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Mail Aims to Raise State's Share in Mining Projects

Mali is seeking to raise the state share in mining projects to 25 percent from 20 percent in a proposed revision to the West African gold producer's mining law, a senior official at the state regulator told Reuters on Monday.


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