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GobiMin gets into gold

Vancouver – A cash-rich GobiMin (GBM-V) – it has $88 million in the bank – is making a foray into gold exploration.






Colombia Braces For Renaissance In Gold Mining

MEDELLIN, COLOMBIA — One of South America’s historically richest gold-producing nations appears poised to regain a crown that was stolen by years of endemic corruption, crime and warfare.



Murenbeeld, Walker Diverge On Gold Predictions

DENVER, COLO. — The average price of gold could top US$1,100 per oz. in 2010 as central banks and investors buy up the metal amidst a new world economy, says Martin Murenbeeld, president of DundeeWea…


Barrick Gold plans to use half the money it is raising in a recently announced US$4-billion public offering to eliminate all of its fixed-price gold contracts within a year.

Barrick Raising US $4B To Slash Hedge Book

As the price of gold surpassed the critical US$1,000 per oz. mark on Sept. 8, Barrick Gold (ABX-T, ABX-N) announced it would substantially trim its gold hedges — derivative instruments originally cre…


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