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News
September 3rd 2010

Takeover battle erupts for gold miner Andean.

A takeover battle has erupted for Australian-listed gold miner Andean Resources with Canadian miners Goldcorp and Eldorado Gold Corp making bids for the firm.
El Dorado’s announcement early Friday that it had offered $C3.4 billion ($3.5 billion) in shares for Andean was followed shortly by Goldcorp’s [...]

September 3rd 2010

India gold buying muted; cautious traders eye price falls.

“There are no deals at these rates, we just had a couple of customers from morning,” said a dealer with a state-run bullion dealing bank in Mumbai, adding “there is an initial resistance from traders to accept near-record prices.” Gold on Multi Commodity Exchange (MCX) [...]

Today's News

India gold buying retreats after slight pick-up.

India gold buying retreated on Thursday afternoon after a slight pick-up last evening as prices fell nearly a percent from a near-record high, and traders eyed the rupee for direction in the precious metals complex.
“There are no deals today, but we saw a few deals [...]

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