Search Results for: australian+gold+mining+shares
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Gold One, New Mega Gold Company
In a reverse acquisition, White Gold One and Water Resources to begin a new joint venture known as Goliath Gold to 12 million ounces of gold resource on the East Rand to exploitGold one, an Australian gold producer and African and White Water Resources, first mentioned in 1934 as Witwatersand Nigel Gold Mine and an investment holding company in South Africa, have announced the formation of Goliath Gold, a new mining company.
The new entity is established as a JSE-listed gold-based development company with 12 million ounce gold resource. (more…)
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Asian shares end higher; Gold Miners Up As Gold Surges
SINGAPORE – Asian stock markets achieved strong gains Wednesday after rising Wall Street Tuesday with gold miners around the region after rising bullion prices rose to new heights and real estate companies are in Japan.Australia S & P / ASX 200 added 1.7%, Japan’s Nikkei Stock Average climbed 1.8%, 1.5% increase in profits Tuesday, South Korea KOSPI Composite rose 1.3%, while Hong Kong Hang Seng index added 1.1%. China’s markets remained closed for the Golden Week holidays.
Gold stocks in the region rallied after the spot gold hit a new record in early Asian trading, touching $ 1,352.10 per troy ounce for withdrawal. It was last at $ 1,346.30 per troy ounce, up $ 5.70 from its New York close on Tuesday. (more…)
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Small-Cap stocks rise as Gold Gold Corp., Eldorado Battle
Gold Stock NEWS – gold-posting their best month since last August in April-May to see additional gains in September as merger and acquisition activity in the gold sector remains in a record time. That pace accelerated during the night as two major gold producers, Goldcorp (GG) and Eldorado Gold (EGO), clashed over the same target.Gold Corp. pulled ahead in the race for the Australian based gold digger Andean Resources (AND.TSX) buy when the board of directors of both companies unanimously approved a cash and stock offer worth C $ 3.6 one billion U.S. dollars, or C $ 6.50 per share. The punters a rival bid by an Eldorado Gold for a stock offering valued at EUR only $ 6.36 per share. The agreement represents a 35% premium over Gold Corp. the Andes, aos TSX closing price of C $ 4.81 on Thursday. (more…)
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Asian Shares mixed, BHP Billiton Area Sydney Return
SINGAPORE (Dow Jones) – Asian stock markets were mixed Wednesday as initial buying interest after gains on Wall Street faded Tuesday as cautious investors took some money off the table. In Australia, mining giant BHP Billiton shares fell after its bid for the Canadian Potash Corp. of Saskatchewan Inc. was rejected. (more…) -
Australia, New Zealand Stocks: BHP, Centro, Citigold, Rio Tinto, Woodside
Australian S & P. / ASX 200 Index climbed 0.9 percent to 4497.30 from 10:36 in Sydney. New Zealand NZX 50 Index advanced 0.3 percent to 3002.75 in Wellington.The following were among the most active shares in the market today. Stock symbols are in parentheses after company names. (more…)