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  • LONDON, March 30- Gold fell one percent on Monday, down for a second straight session as the dollar climbed on increasing prospects that the Federal Reserve may start raising interest rates gradually this year. "It seems the market is once again focusing on the Fed raising rates," Deutsche Boerse's MNI senior analyst Tony Walters said. Gold, which does not pay any...

  • That far outstrips an estimate given late last year of 42-52 tonnes, after Mexican gold and silver miner Fresnillo said it was hedging 47 tonnes of output over five years. In their quarterly Global Hedge Book Analysis, Societe Generale and GFMS analysts at Thomson Reuters said the bulk of the rise in the global gold hedge book last year was driven by Fresnillo and...

  • Here's a new way to use gold   Wednesday, 25 Mar 2015 | 1:35 AM ET
    Here's a new way to use gold

    Founders of BitGold, Roy Sebag and Josh Crumb, explain how the Toronto-based gold and bitcoin internet startup facilitates "a new way to use gold."

  • MEXICO CITY, March 6- Four workers at a Mexico mine owned by Goldcorp Inc. have gone missing and were possibly kidnapped, the state attorney general's office said in a statement on Friday. Goldcorp, the world's biggest gold producer by market value, owns the Los Filos mine in the violent southern Mexican state of Guerrero. Guerrero state has the highest homicide...

  • "Canada is, for all intents and purposes, one of the best places you can explore," said Ian Ball, president of Abitibi Royalties Inc. "It had fallen out of favor a bit, but it is coming back quite rapidly." But that trend is beginning to turn for some of those with gold projects in Canada. These Canadian mines generally do not hold the promise mega projects like Barrick Gold...

  • *Gold back above $1,200 but below two-week high. LONDON, March 3- Gold steadied on Tuesday as positive technical signals and an easing of the dollar against a a basket of currencies helped the metal to recover from early losses that briefly pulled it below $1,200 an ounce. "Stops were triggered overnight in Asia with good volume trading... prices didn't spend a lot of...

  • *Gold back above $1,200, but below two-week high. March 3- Gold edged higher on Tuesday, recovering from early losses that pulled it briefly below $1,200 an ounce, as the dollar came off an 11- year peak against a basket of currencies. Gold fell the most in five months in February, with the Federal Reserve seen to be set to lift rates this year for the first time since 2006...

  • *Gold below $1,200, slips further from Monday's two-week high. March 3- Gold dropped for a second session on Tuesday, pulling further away from a two-week high as growing expectations for a U.S. interest rate hike kept the dollar near an 11- year peak against a basket of currencies. Spot gold fell nearly 1 percent to a session low of $1,194.90 an ounce and was trading...

  • *Palladium reaches 5-1/ 2- month high at $832.15/ oz. NEW YORK/ LONDON, March 2- Gold turned lower on Monday as the U.S. dollar rose and investors cashed in gains after upbeat Asian demand lifted the metal to two-week highs, with expectations for a rise in U.S. interest rates later this year keeping a lid on prices. Earlier, spot prices rose to $1,223.20 an ounce, their...

  • *Palladium reaches 5-1/ 2- month high at $829.30/ oz. LONDON, March 2- Gold steadied on Monday as investors cashed in gains after upbeat Asian demand earlier lifted the metal to two-week highs, with expectations for a rise in U.S. interest rates later this year keeping a lid on prices. Earlier spot prices rose to $1,223.20 an ounce, their highest since Feb. 17, after an...

  • *China cuts rates again to shore up economy; firm buying interest. MANILA, March 2- Gold rose to its highest level in nearly two weeks on Monday, backed by firm Chinese demand. "The prospects of better growth and stronger income should boost gold-buying in China," said Howie Lee, an investment analyst at Phillip Futures in Singapore.

  • ATHENS, Feb 25- Greece's new left-wing government will not block Canadian firm Eldorado Gold Corp.' s mining operations in the country's north but will review permits for a processing plant at the site, a senior energy ministry official said on Wednesday. "The mining will not stop," the official told reporters, a day after Greece climbed down from pledges to halt...

  • *Natalka's gold reserves estimate cut by 49 pct. MOSCOW, Feb 24- Polyus Gold, Russia's biggest gold producer, is sticking with its flagship Natalka project despite a drop in its estimated gold reserves, and hopes to prepare an operating plan by mid-2015, it said on Tuesday. "This is a major decrease, although the company previously guided that it's likely to happen,"...

  • JOHANNESBURG, Feb 23- South Africa's Harmony Gold must feel cursed by its Kusasalethu mine, where a fire on Sunday has delivered a fresh blow to the company's efforts to boost earnings. More than half of their book is not making money and Kusasalethu is the main culprit, "said Daniel Sacks, portfolio manager at Investec. The deep level operation west of Johannesburg...

  • *Fire started 2.3 km underground at 0800 GMT. JOHANNESBURG, Feb 22- South Africa's Harmony Gold said on Sunday all 486 miners who were trapped underground following a fire had been rescued. South Africa's gold mines are the deepest in the world and were ranked as some of the most dangerous during the apartheid era.

  • *Mine belongs to Harmony Gold. JOHANNESBURG, Feb 22- About 200 miners were missing on Sunday after an underground fire at a mine belonging to South Africa's Harmony Gold, the company said. South Africa's gold mines are the deepest in the world and were ranked as some of the most dangerous during the apartheid era.

  • Cyclone slams into northeast Australia Thursday, 19 Feb 2015 | 10:31 PM ET
    Surfers head out Snapper Rocks as Cyclone Marcia approaches the coast of Queensland on February 19, 2015 in Gold Coast, Australia.

    A powerful cyclone hits northeast Australia, causing massive damage and causing flash flooding, while a second storm made landfall to the west.

  • Feb 19- Newmont Mining Corp, the U.S.' s largest gold producer, reported on Thursday a narrower adjusted fourth quarter profit, though earnings were stronger than expected. Adjusted net income, which excludes one-time items like non-cash write downs, was $86 million, or 17 cents a share, in the quarter ended Dec. 31, compared with $143 million, or 28 cents a share, in the...

  • TORONTO, Feb 19- Goldcorp Inc posted a hefty loss on Thursday as it took a $2.3 billion impairment charge on a new mine in Argentina, the second multi-billion dollar writedown from a top gold miner in as many days. The charge follows an even larger $2.8 billion writedown reported by Barrick Gold Corp, the world's top gold producer by production.

  • TORONTO, Feb 19- Goldcorp Inc on Thursday said its fourth-quarter loss more than doubled as it took a $2.3 billion impairment charge on its new Cerro Negro gold mine in Argentina. The company, the world's biggest gold producer by market value, said its net loss widened to $2.4 billion, or $2.94 a share, from $1.1 billion, or $1.34 a share, a year earlier.