Financial News

Greystar confirms higher grades at Los Laches - ShareCast - Wed 09 Jan, 09:34 AM
Greystar Resources's drilling in the Los Laches area of its wholly-owned Angostura gold-silver resource in north-eastern Colombia has returned higher grades of 15.42 grams of gold and 153.5 grams of silver per tonne.

Commodities: Gold hits record high - ShareCast - Wed 09 Jan, 06:55 AM
Gold soared to a record high Tuesday as traders considered a weaker dollar and ongoing tensions between the US and Iran following an incident in the Strait of Hormuz at the weekend.

US open: Economic data boosts shares - ShareCast - Thu 03 Jan, 04:49 PM
Wall Street has made a strong start, with economic data helping to offset continued inflation concerns amid high oil and gold prices.

Supply concerns keep oil close to $100 a barrel - ShareCast - Thu 03 Jan, 01:25 PM
Commodity prices were soaring today as crude oil prices remained close to the $100 a barrel record set yesterday while gold hit a new record high.

Commodities: Oil and gold retreat - ShareCast - Tue 01 Jan, 05:44 PM
Gold futures fell back for the first time in six sessions having had a good run in the wake of events in Pakistan which had unnerved investors.

FTSE 100 movers: Rising metal prices boost miners - ShareCast - Fri 21 Dec, 11:48 AM
Miners are leading the Footsie higher as the price of both gold and copper rose sharply. Antofagasta and Kazakhmys are both copper plays and are leading the index. Anglo American is also going well.

Phelps Dodge increases African Eagle stake - ShareCast - Thu 20 Dec, 03:47 PM
Zambia and Tanzania-focussed gold and copper miner African Eagle has announced that Phelps Dodge Mining has subscribed for a tranche of around 4m shares in the company, taking its stake to almost 5%.

Kalimantan Gold slumps on Oxiana options snub - ShareCast - Wed 19 Dec, 09:49 AM
Kalimantan Gold sank to a new low as Oxiana decided not to spend more cash on the firm's KSK Contract of Work in Central Kalimantan, Indonesia.

Conroy Diamonds triples indicated gold resource at Clontibret - ShareCast - Mon 17 Dec, 01:03 PM
Conroy Diamonds and Gold added ground Monday after the miner tripled the indicated gold resource at its Clontibret project in Ireland to 200,000 ounces.