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Gold 1175.03-23.57
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Articles related to Gold production
Richard Mills - Ahead of the Herd
Barrick Comes Home
As part of his plan to prevent a run on the dollar, stabilize the US economy, and decrease US unemployment and inflation rates, on August 15, 1971, U.S. President Richard Nixon directed Treasury Secretary Connally to, among other things, suspend with certain exceptions the convertibility of the dollar into gold or other reserve assets and ordered the gold window to be closed so that foreign governments could no longer exchange their dollars for gold. For the very first time in our history, al
Friday, October 24, 2014
24hgold - CNW Group
Announces Resignation of Director

Friday, October 17, 2014
Chris Powell - GATA
China gold production seen falling, prompting more imports
By Jan Harvey Reuters Friday, October 17, 2014 LONDON -- Growth in gold mine output from No. 1 producer China is set to slow significantly in coming years in the face of declining ore grades and waning profitability, analysts Business Monitor International said on Friday. Lower mine production will pave the way for rising imports to meet persistent strength in demand from Chinese consumers, BMI analyst Xinying Chia said, while domestic mining companies will also look overseas to boost production
Friday, October 17, 2014
24hgold - CNW Group
announces release date for third quarter 2014 financial results and conference call

Tuesday, October 14, 2014
Andy Hoffman - Miles Franklin
TPTB Losing Control Of Paper Markets – Physical Markets Next!
It’s Monday morning and the New York Fed’s new “Chicago office” has been busy all night attempting to reverse the expanding collapse of global financial markets.  Their pitiful efforts are attempting to mask the gaping wound of global economic collapse; and thus, whether they can will the “Dow Jones Propaganda Average” to reverse to the upside in time for next month’s elections is a 50/50 shot at best.  Irrespective, few people could care less, as retail participation in the equity market has pl
Monday, October 13, 2014
Chris Powell - GATA
China now takes nearly all world gold production, Shanghai exchange chief confirms
China's annual non-government gold consumption has been officially confirmed as having reached 2,000 tonnes, gold researcher and GATA consultant Koos Jansen reports. That figure is close to annual world gold mine production. The figure, Jansen writes, was repeated several times by the chairman of the Shanghai Gold Exchange, Xu Luode, in an address to the London Bullion Market Association conference in Singapore in June. Xu's disclosure confirmed Jansen's longstanding formula for calculating Chi
Saturday, October 11, 2014
Dan Popescu - GoldBroker
The Calm Before the Storm in the Gold Market
US Dollar Index vs Spot Gold Again this week the gold price tested the $1,200 level dropping below it on higher US dollar against most fiat currencies. It is assumed that a stronger US dollar against the euro and other fiat currencies is also negative for the price of gold. However gold is not a hedge against the US dollar but rather against all fiat currencies. Even though gold’s price has been falling, in India and China gold premiums have increased signifying a rising demand. We have als
Wednesday, October 08, 2014
24hgold - CNW Group
Sets Another Quarterly Production Record by Producing 20,614 Gold Ounces in Q3

Tuesday, October 07, 2014
Egon von Greyerz - Matterhorn AM
  Will this save the Swiss financial system? 
Will this save the Swiss financial system? by Egon von Greyerz  – October 2014 On 30 November 2014 the Swiss People has the opportunity to determine not just the fate of their own financial system but also to be the catalyst for the return to sound money in the Western World. The “Gold Initiative” referendum November 30, 2014 On November 30th the Swiss will vote on: Returning their national gold which is held abroad back to Switzerland Requiring the Swiss National Bank to hold 20% of their asse
Friday, October 03, 2014
24hgold - CNW Group
Éléonore achieves first gold production

Thursday, October 02, 2014
24hgold - CNW Group
to Release 2014 Third Quarter Results and Host Conference Call and Webcast on October 30th

Friday, September 26, 2014
24hgold - CNW Group
Announces $10 Million Loan Facility

Monday, September 22, 2014
Chris Powell - GATA
Rule tells KWN about Denver conference, sees rising investment in monetary metals
Sprott Asset Management's Rick Rule tells King World News today about the gold mining conference just held in Denver, which included discussion of "peak gold" production. Rule adds that investment fund flows into monetary metals have been "very strong" lately. An excerpt from Rule's interview is posted at the KWN blog here:
Thursday, September 18, 2014
The Gold Report
Brien Lundin Says Don't Miss This Buying Opportunity
The Gold Report: On July 30, you sent out a Gold Newsletter alert that forecast a pullback in the midsummer bull market. The next day the Dow dropped 317 points, while the NASDAQ fell about 93 points. Since then the Dow has climbed back above 17,000, the NASDAQ above 4,600. Should investors dismiss that drop or do you believe it was akin to a tremor preceding an earthquake? Brien Lundin: That particular call made me look like a genius at the time, but right after that drop the stock market took
Monday, September 15, 2014
24hgold - CNW Group
announces the appointment of two new independent directors to its Board of Directors

Monday, September 15, 2014
Andy Hoffman - Miles Franklin
The Lowest Inflation in Five Years!
Lately it feels like “goldbugs” have been forced to endure the trials of a job.  Trust me, no one understands this better than myself, having taken my first job in the mining industry in April 2007, the exact month the TSX-Venture index peaked; and joining Miles Franklin in October 2011, one month after “dollar-priced gold” peaked.  I can go on and on about TPTB’s “point of no return” decision in September 2011, when they realized the only way to avoid instantaneous, systemic implosion was unpre
Thursday, September 11, 2014
Andy Hoffman - Miles Franklin
Commodity Crash (But Don’t Worry, Precious Metals Are Not “Commodities”)
I have lots to get to today; so let’s start with the utter miracle of the Cartel allowing yesterday’s “key upside reversal” in gold and silver prices. Back in the day of “relatively” freely-traded PM markets, circa 2003-07, not only did mining shares rise sharply, but gold and silver would routinely start the day lower – often via Cartel suppression – yet rise sharply in the afternoon.  Since 2008, this has never been allowed to happen, barring dramatic incremental news; while conversely, it alw
Wednesday, September 10, 2014
Chris Powell - GATA
Goldcorp CEO sees 'peak gold' this year or next
Miners have reached "peak gold," in which production of the precious metal has hit its high as easy-to-mine gold deposits become harder to find, said Chuck Jeannes, chief executive of Goldcorp, the world's largest gold miner by market capitalization. Mr. Jeannes said in an interview that a falloff in supply will support the gold price but make mining it even harder and lead to further consolidation in the industry. ... "Whether it is this year or next year, I don't think we will ever see the gol
Monday, September 08, 2014
24hgold - CNW Group
declares ninth monthly dividend payment for 2014

Monday, September 08, 2014
The Gold Report
Raj Ray: Miners' Cost Cutting Set to Deliver in Late 2014
The Gold Report: The gold price can't seem to climb back above $1,300/ounce ($1,300/oz) despite several geopolitical hotspots making headlines. What's underpinning the price weakness? Raj Ray: The issue is that despite the geopolitical backdrop, the fundamentals still appear weak. The big drivers—demand from India and China and gold exchange-traded funds—have been more or less flat year-over-year. China is still digesting the gold it purchased last year. And, although price premiums have declin
Monday, September 08, 2014