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Topic: Gold boom


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In the News (Sat 19 Dec 09)

  
  Gold: Boom in Ghana's golden enclave
Gold is once again Ghana's biggest export in nominal terms, surpassing cocoa.
Gold production rose from 285,291 oz in 1983 (from four mines), a 23-year low, to 1.7 mn oz in 1995 (from 10 mines and small-scale producers), making Ghana the continent's second largest producer after South Africa.
Currently, land and environmental issues are growing in importance because the main gold belt coincides with the major logging and cropping zones.
www.un.org /ecosocdev/geninfo/afrec/subjindx/113ghan4.htm   (914 words)

  
 None
Her book, “The Great Gold Renaissance — The Untold Story of the Modern Australian Gold Boom 1982-2002” is the result of that research and the experience she has gained in a career spanning over 35 years in the resources sector.
By far the largest boom in terms of gold produced is the Third or Modern Gold Boom, which commenced in 1982, the first year that Australian gold output began to rise substantially.
Gold loans were developed as a means of financing for small companies that did not have a large parent to turn to, or did not have sufficient creditworthiness to borrow in their own right.
www.surbiton.com.au /bookreview.htm   (2893 words)

  
 With Gold Over $500 by Gary North
The interest rate at which gold bullion "banks" can borrow gold, sell it to the public, and invest the money at higher rates than they are paying to borrow the gold, indicates that the game is still going on.
The central banks are returning gold bullion to the great-grandchildren of the victims whose gold was confiscated by the banks in 1914, when World War I broke out, and in 1933, when Franklin Roosevelt unilaterally made it illegal for Americans to own gold bullion.
Gold bullion as an inflation hedge will continue to do well, but it is unlikely to become the world's currency that replaces the dollar.
www.lewrockwell.com /north/north424.html   (2673 words)

  
 The Next Great Gold Boom
If we were on a "gold standard" the amount of money in circulation would have to be directly correlated with the amount of gold a nation had in its reserves.
The major problem with Australian gold stocks is that it is extremely difficult to keep track of the mining scene all the way on the other side of the world.
If gold were to go to its previous high of 850 dollars an ounce it would just about triple from its present day value.
www.gold-eagle.com /editorials_99/skarica022599.html   (2701 words)

  
 learn arviss secrets to accessing the global gold markets   (Site not responding. Last check: 2007-10-12)
it has weathered the boom bust cycles of resources and is currently undergoing one of the biggest booms of our time.
as investors, we can look at the basic indicators from the region the gold is coming from and what the local economy is doing there to the level of demand from global markets as a result of increasing wealth, global instability and other influencing economic factors.
the biggest gold boom of our time i was born in...
arviss.blogspot.com   (669 words)

  
 Gold sales boom in UAE - Zawya.com | Middle East Business News
DUBAI - The retail gold sales in the UAE surged by 28 per cent in the third quarter of 2004 compared to the same period last year, according to World Gold Council's regional office in Dubai.
The gold jewellery consumption increased from 17.6 tonnes in Q3 of 2003 to 18.4 tonnes, while the retail investment (bullion coins and bars) consumption increased by seven per cent from 1.4 tonnes in 2003 to 1.5 tonnes in 2004.
Despite the change in gold price over the past year, consumers in the UAE and the Gulf have spent more on gold jewellery compared to the previous year and that demonstrates the high affinity to consumers towards gold and gold jewellery.
www.zawya.com /story.cfm/sidZAWYA20041124050617   (501 words)

  
 Gold boom still echoes in vital Charlotte
It is a little-known fact that the Carolina Piedmont -- a wide hilly swath of land that separates mountainous terrain from flat coastal plain from Virginia to Georgia -- was a destination for a flood of prospectors in the early 1830s.
The gold mining industry also drew settlers and establish a healthy nucleus for the city of Charlotte, which is now the largest population center between Washington, DC, and Atlanta.
If gold mining does not strike your fancy, dozens of other activities and attractions will reward the traveler who is prospecting for fun in and around Charlotte.
www.post-gazette.com /travel/20010218charlotte5.asp   (1663 words)

  
 The Gold Boom of 2005 and Beyond - Gold & Silver Forum
Gold is feared as it represents true and honest value that cannot be tampered with.
Gold as a currency and as a strongbox of enduring value is a major threat to global government as it takes away their ability to tamper, print money and notes, issue bonds and a load of other valueless crap.
Gold annihilates government’s powers and eradicates their propensity to print money, debase it and steal using inflation.
goldismoney.info /forums/t29411-the-gold-boom-of-2005-and-beyond.html   (3331 words)

  
 Optiparts Page 1
The Gold boom is made of 40x1.2mm seamless extruded (not welded) high grade, tempered tube and comes ready to fit, with fl nylon in- and outboard end fittings, fl outhaul cleat, 4mm spectra outhaul, 6mm spectra, 2mm wire, v ang and 3mm Spectra bridle with stainless steel ring for mainsheet.
The mast, boom and sprit are heavily gold anodised.
The mast, boom and sprit of the Silver are not as stiff as the Gold set but this is ideal for the light weight sailor who has just started racing.
www.harwoods-yacht-chandlers.co.uk /chandlery/optiparts1.htm   (690 words)

  
 Gold boom will continue in 2006
Gold has broken its shackles, surging past the magical $US500 an ounce mark and it may just be the beginning of a new gold boom.
Gold is also considered a safe haven in times of political instability or economic pressure.
While a booming gold price will fatten the coffers of gold miners, it is also an opportunity for investors.
news.ninemsn.com.au /article.aspx?id=79081   (763 words)

  
 Pravda.RU:Colorado's Gold Boom in Progress   (Site not responding. Last check: 2007-10-12)
The Cripple Creek and Victor Gold Mining Co. has celebrated completion of a $168 million expansion of the Cresson mine, which included a new, 1,200-foot bridge to relocate eight miles of Colorado 67 for mine traffic.
After the gold mine disaster at Summitville, expanding mining operations in Colorado is not easy.
Gold fever put Cripple Creek on the map in 1891.
newsfromrussia.com /comp/2002/10/07/37809_.html   (243 words)

  
 iafrica.com | news | world news Hindu weddings boom on gold threat
India, the world's largest gold consumer, is gripped by wedding fever just as fears of war in Iraq threaten to push the precious metal out of reach of many brides.
Domestic prices shot to a record high of 18 300 rupees ($382) an ounce last week due to the war fears and traders predicted little change because retail sellers were eager to book profits at these high levels.
The World Gold Council said despite the skyward journey of gold prices, Indian imports of the precious metal were up not only because of weddings but also because they offered better investment value.
iafrica.com /news/worldnews/204741.htm   (585 words)

  
 www.mineweb.net | sections | gold & silver Boom times for SA miners   (Site not responding. Last check: 2007-10-12)
Brewing trouble in the Middle East has boosted the gold price while a sell-off in emerging currencies has provided weakness to the rand.
Gold traded as high as $676 on Thursday as fighting between Israel and Lebanon escalated, but later dropped $10 after an Israeli official told Sky News that the offensive against Hezbollah targets in Lebanon may end within days.
In its most recent quarterly presentation to investors, Harmony Gold, a marginal miner, said that it’s profit margin would jump from 23% to 35% if the gold price moved from R110 000 a kilogram to R130 000.
www.mineweb.net /sections/gold_silver/698701.htm   (568 words)

  
 World Gold Council > value > Gold News
Dubai is set to cement its status as one of the world's fastest-growing gold hubs, with imports expected to rise by over a fifth next year.
The desert city's gold credentials have soared since last month, when the DMCC was launched.
Broker firm UBS predicts gold will surge 14 per cent in 2006, while some commentators insist the metal will continue climbing until it hits $1,000 an ounce.
www.gold.org /value/news/article/3176   (226 words)

  
 Rural News - 11/3/2003: Gold boom leaves refinery feeling flat
In the resources sector, all the attention is on the booming gold price, but what's good news for some is not necessarily great for Australia's only gold refiner, AGR Matthey in Perth.
The refinery is the second biggest in the world, processing all metal produced by local gold mines, which it purifies and sells to the international market.
But Brian Bath, AGR Matthey's chief executive, says investors in high quality gold have moved out of the market because the price is too high, leaving the refinery to put through less refined gold for less return.
www.abc.net.au /rural/news/stories/s803995.htm   (250 words)

  
 Electronic Law Journals - LGD 2001 (2) - Lissu (1)
Gold production has a long history in Tanzania that goes back to the pre-colonial era when Arab traders from the coast were to be involved in gold exploitation on some scale.
Their numbers experienced a spectacular boom in 1976 with the discovery of the Bulyanhulu deposits in Shinyanga and the influx to it of workers who had been retrenched from diamond mining….
The boom in artisanal mining was given greater impetus in April 1990 when the government of President Ali Hassan Mwinyi officially endorsed small-scale mining and directed the miners to sell gold to the Bank of Tanzania without fear of harassment.
www2.warwick.ac.uk /fac/soc/law/elj/lgd/2001_2/lissu1   (8009 words)

  
 China fears Boom-Bust - Gold & Silver Forum
The country's central bank, the People's Bank of China, has taken fresh measures to try to curb the amount of money that Chinese banks are lending.
The move comes after Premier Wen Jiabao warned last month of the need to avoid a boom and bust cycle.
All over China, gleaming new towers of steel and concrete are going up, bridges and roads are mushrooming, and factories are springing up.
www.goldismoney.info /forums/showthread.php?t=9789   (361 words)

  
 Business Report - Gold boom 'could match 1980 peak'
London - Gold had tremendous scope to attract more investment, which could push prices past a 1980 peak of $850 (R5 200) an ounce in the next couple of years, due to economic and geopolitical uncertainty, consultancy GFMS said yesterday.
Gold shot to $604 an ounce on Tuesday before retreating.
The report said net gold sales by central banks surged 40 percent to a record 656 tons in 2005.
busrep.co.za /index.php?fArticleId=3202354&fSectionId=612&fSetId=662   (804 words)

  
 Pravda.RU Colorado's Gold Boom in Progress   (Site not responding. Last check: 2007-10-12)
Canadian Kalimantan Gold Corp has issued 1,816,997 common shares at $0.15/share for a total gross proceeds of $272,550 from the private placement announced Aug 1, 2002.
The benefits of further merger and acquisition activity by South African gold producers are not so obvious to major banking group.
Deutsche Bank, in its recently published gold book, says accelerating cash flow can translate into higher share prices in the short-term; but the longer reinvestment risks are increased.
newsfromrussia.com /comp/2002/10/07/37809.html   (1896 words)

  
 Asia Times
In the 21 deals in November alone, 6,135kg of gold was traded, an exchange executive said.
The gold price on the exchange has risen by a big margin recently, similar to the price hike on the international gold market.
Lu Xiaoyin, a dealer from the Shanghai Laofengxiang Jewelry Research Institute, said the increasing demand for gold on the domestic market and price hike on the international market helped raise the price on the Shanghai exchange.
www.atimes.com /atimes/China/DL14Ad02.html   (165 words)

  
 www.mineweb.net | sections | gold & silver Top trader sees accelerating gold boom   (Site not responding. Last check: 2007-10-12)
He advises bond holders to switch into T-Bills with the interest rate cycle bottoming out, and is betting on gold as a long range money maker.
“Gold is about to explode because of inflation,” he says, cynically noting that BOLI/COLI (bank owned / company owned life insurance) has eligibility requirements that only bonds, gold and silver can satisfy.
Gold bulls might be surprised that Sperandeo sees little risk in derivatives, which he employs.
www.mineweb.net /sections/gold_silver/325612.htm   (495 words)

  
 AM - Resource companies keen to cash in on gold boom   (Site not responding. Last check: 2007-10-12)
ELIZABETH JACKSON: Gold has been a prized commodity for thousands of years, but after losing its lustre during the dot-com boom, it's now making a comeback.
And Australian exploration is booming, especially in areas where reserves were thought to have dried up.
The US dollar has been strong, but it is losing some of its influence on pushing gold prices lower, and in fact the US dollar could actually weaken next year as interest rates become less attractive versus European and Japanese markets.
www.abc.net.au /am/content/2005/s1522726.htm   (663 words)

  
 MAGNUS INTERNATIONAL RESOURCES (MGNU)
Now comes the greatest gold rush of the 21st century – possibly the most colossal of all time – and investors should ask, “How big will it be?” According to geologists and economic forecasters, China’s gold boom could surpass all others for seven major reasons.
All that changed a few years ago when gold became a high government priority … the peasants were kicked out … and Southwestern and Magnus were given the green light to head development.
And “cheap” gold means more gold – that is, the lower the price, the more efficient it will become to open up new mines.
www.stockanalystgroup.com   (4362 words)

  
 Steve Sjuggerud's Daily Wealth   (Site not responding. Last check: 2007-10-12)
Gold is above $550 an ounce… and we’re at the beginning of the next great gold boom…
why I expect gold to move much higher in next few years… and the two best ways to play it in 2006.
A unique way to own gold and silver that could double your money in the next few years.
www.dailywealth.com /signups/SDW-Gold.asp?scode=XVVDW002   (316 words)

  
 gold
Gold jewelry and art auctioned live every 3 seconds at Bidz.com.
gold coins and bars is with our verified pricing guarantee.
Gold & Laine are experts in the areas of criminal defense and personal injury.
www.gawwk.com /ica2/search2.php?qry=gold   (265 words)

  
 Placer Gold Extraction Technology Increase Production   (Site not responding. Last check: 2007-10-12)
The new placer gold rush (more correctly called a gold boom) will begin in the Yukon,and spread around the world.
The mining industry has known for many years that as much as 80% of the gold remaining on earth is in micro-particle form.
It is anticipated that recovery rates will eventually be close to 100% (effective gold recovery, on the lab bench is about 90% and in the field is 65% so far.With final improvements pending that will bring it to over 95%.
www.boulat.com /hyop/placer_gold.html   (438 words)

  
 [Jewelry making - Article 00300] - Re: [Orchid] White gold, boom or bubble?
Rose gold may be the comer.......I know through experience that it has always had appeal in the antique pieces that I have carried.
I surmise that this is a reflection of the fact that white gold is a bit more difficult to work than yellow and they are recovering their labor costs.
I have had a problem with this inasmuch as nickel is a common ingredient of stainless steel in cookware and, presumably, in surgical steel.
www.ganoksin.com /orchid/archive/200604/msg00300.htm   (467 words)

  
 James L. Rapholz's Economic Advice
There are forces that could drive gold up to its all-time high of $867 an ounce and then upwards toward $1,000 an ounce in the next 24 months.
It’s true if you want to make a fortune in gold during this boom, gold mining stocks are the place to invest because they rise at multiples to the rise of gold.
As gold and gold stocks start to blast off, you’ll regret it for years to come if you don’t climb aboard now.
www.sonic.net /~jordonez/portfolio/libertystar/newsletter.html   (6213 words)

  
 Flickr: Photos tagged with gold
Get a free research report detailing two ways to make a fortune in the coming gold boom.
Invest in gold during this bull market - free investor kit, est 1960.
The direct way to buy or sell gold coins and bars is with our verified pricing guarantee....
www.flickr.com /photos/tags/gold   (158 words)

  
 The lure of the green-gold boom - Forestry explosion in eastern Wairarapa continues
Reporter JIM FLACK talked to forestry experts to see if there is still green gold on them thar hills.
The rolling valley sides in the foreground are likely to give the trees enough shelter to thrive.
Although forests are more and more noticeable around Wairarapa, our 44,288ha have a lot to compete with on the global market.
wairarapa.co.nz /times-age/weekly/forest.html   (1720 words)

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