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DOKO, Democratic Republic of Congo, May 8- The open pit of the giant Kibali mine in northeastern Democratic Republic of Congo, a yawning beige crater punched in dense forest, could turn a remote corner of one of the world's poorest countries into an economic powerhouse.
LONG BEACH, CALIF., March 21- Gold has been a highly coveted asset for millennia, but its appeal lately has been intermittent at best. Running a fund that concentrates on mining stocks is difficult amid such a backdrop, but John Hathaway, lead manager of Tocqueville Gold, and Joseph Foster, manager of Van Eck International Investors Gold, have done it better than most.
*Could ease wage pressure on South Africa- based gold miners. LONDON, Feb 9- European stocks from travel firms to South Africa- focused gold miners may reap some benefits from an emerging market sell-off that has otherwise roiled equities across the globe.
SINGAPORE, Feb 4- Gold ticked higher for a second session on Tuesday as Asian equities looked set to follow the sharp decline on Wall Street and investors worried over U.S. economic growth after weak manufacturing data. *Gold is considered as a safe-haven asset to risky assets such as stocks.
*Forecasts cash costs of $650- $700 per ounce. LONDON, Feb 3- Africa- focused miner Randgold Resources said it was looking to partner with smaller rivals weakened by the lower gold price and would continue to spend on exploration this year, as it posted record production for 2013..
European markets closed slightly higher in a shortened session, completing their most successful year of this decade.
If you're a gold bull with an appetite for risk, Cramer has a stock for you.
Gold is on track for its biggest weekly gain in five weeks on Friday as many analysts now believe the good times might be back for the precious metal. But rather than buying gold outright, one mining analyst recommends investors buy small mining companies that he calls "recovery plays".
European shares pared gains but closed higher on Thursday, a day after the Federal Reserve surprised markets by opting to maintain its $85 billion-per-month asset purchases.
European shares closed higher on Friday, despite investors' caution ahead of the Federal Reserve's meeting next week.
European shares closed higher on Friday, boosted by mining stocks which received a lift from broadly positive Chinese data, as well as a strong performance from European bank stocks.
Gold mining stocks have lost their luster as commodity prices fall. But investors may be missing improving fundamentals, say fund managers.
European shares saw a heavy sell-off on Thursday on fears of a possible unwinding of monetary easing in the U.S. and weak economic figures from China.
European shares pared gains, but closed higher on Thursday, after a round of soft U.S. data.
Take a look at some of Friday's midday movers:
U.S. stock index futures climbed Thursday as Wall Street cheered a better-than-expected jobless claims report and after the European Central Bank cut its key interest rate.
European shares closed lower on Monday, after news of an unexpected slowdown in China sparked a commodities sell-off.
Gold prices continued to plummet Monday on Cyprus selling concerns, Dennis Gartman, editor of The Gartman Letter, told CNBC.
The super cycle in commodities has come to an end, according to researchers at Citi, who downgraded several mining stocks on Monday as metals prices have continued to decline.
Hedge fund billionaire John Paulson lost more money in February when his gold fund suffered double-digit losses.