ATHENS, Greece— Workers at a northern Greek gold mine and their supporters marched through Athens on Thursday, in the most significant labor challenge the new radical left-led government has faced since its election in January. The government has temporarily revoked a permit for a key ore enrichment plant, and accuses the Eldorado Gold mining company of...
ATHENS, Greece— Police say hundreds of supporters and opponents of a gold mining operation in northern Greece have clashed despite efforts to separate them. Police say more than 2,000 supporters and about 850 opponents of the mine were involved. The mine operation in Halkidiki peninsula, by Vancouver, Canada- based Eldorado Gold Corp, has sharply divided...
MANILA, March 3- Gold was steady above $1,200 an ounce on Tuesday after falling off a two-week peak the session before, struggling to push higher as the dollar hovered near an 11- year high. *Spot gold was nearly flat at $1,207.25 an ounce by 0012 GMT. It touched a two-week high of $1,223.20 on Monday on firm Chinese demand before closing lower.
ATHENS, Feb 25- Greece will not go ahead with privatizing its dominant electricity utility PPC or power grid operator ADMIE, Energy Minister Panagiotis Lafazanis said, despite promising its creditors not to halt sales that are underway. The Public Power Corporation has already launched a tender to sell a 66 percent stake in its power grid operator ADMIE, and...
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...
ATHENS, Jan 30- Greece's new left-wing government will cancel plans to sell the state natural gas utility and is firmly opposed to a Canadian gold mine that is among the biggest foreign investment projects in the country, the energy minister told Reuters on Friday. The gold mine operated by Vancouver- based Eldorado Gold in northern Greece was the flagship...
*Falling copper prices weigh on First Quantum. TORONTO, Jan 5- Canada's main stock index recorded its biggest single-day percentage drop in about 20 months, tumbling nearly 2.5 percent on Monday, as a deepening selloff in oil prices hit shares of energy companies. Nine of the 10 main sectors on the Toronto equity index were trading in the red.
January's existing home sales are expected to show a decline of 3.5 percent to 4.7 million, and nobody will be surprised if it is worse.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Gold has higher to go over the next few weeks, JPMorgan analyst John Bridges says.
Gold fell more than 1 percent to settle at $1277 after Fed chief Ben Bernanke said the U.S. central bank still expects to start scaling back its massive bond purchase program later this year.
Gold mining stocks have lost their luster as commodity prices fall. But investors may be missing improving fundamentals, say fund managers.
About 40 masked attackers raided a disputed gold-mining project in northern Greece early on Sunday, setting fire to machinery and lightly injuring four security guards, police said.
*Desjardins cuts Eldorado Gold Corp target price to $19.25 from. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*Dundee raises San Gold target price to C $2.20 from C $2; rating buy. *Dundee raises Goldcorp Inc target price to C $55 from C $48; rating buy. *Dundee raises Eldorado Gold Corp target price to C $16 from C $15;.
Cramer makes the call on viewers' favorite stocks.
One investor is using a complex strategy to bet on Goldcorp, which is trying to hold levels last seen almost two years ago.
Strong domestic fundamentals in the BRICs and other countries are likely to drive equity prices.
Gold stocks are hitting 52-week lows. So why choose gold stocks over the real thing? They’re on their way up, dividends in tow, says Patrick Chidley, mining analyst for HSBC.
Given the debt and growth problems plaguing the U.S. and eurozone, and the resulting tumult across world stock markets, it might be a good time to look at these asset classes, say analysts.