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Gold and Guns Blog Archives

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Royal Gold Raises $235 Million in Public Offering - 2009-04-15
Precious metals royalty manager Royal Gold Inc. netted over $235 million in a public offering of shares to be used to buy an interest in the gold production at Teck Cominco's Andacollo mine in Chile.

Avocet Mining to Buy Wega Mining for $108 Million - 2009-04-14
South East Asian gold miner Avocet Mining PLC announced plans to buy Wega Mining ASA for appropriately $108 million in a shares and debt deal. The move would create a new mid-tier gold company with annual production approaching 300,000 ounces.

Indian Jewelry Sector Expects 4% Decline in 2009 - 2009-04-13
The size of India's gems and jewelery sector is expected to decline by 3.9% this year, according to the Associated Chambers of Commerce and Industry of India, the highest body of the Chambers of Commerce of India.

Teck Cominco Sells Stake in Kinross Gold - 2009-04-09
Canadian copper and zinc miner Teck Cominco said that it has sold the 5.6 million shares of Kinross Gold that Teck acquired when it sold Kinross its 60% share of the Lobo-Marte gold property in Chile.

China Expects LackLuster Gold Sales - 2009-04-08
The volume of gold sales in China is not expected to increase this year due to the ongoing global economic crisis.

Sales of Gold Teeth Increase - 2009-03-31
You probably have seen commercials for one of the many companies out there right now that are offering to buy old gold jewelry, scrap gold, or unwanted gold coins. But here's a new one for you . . . Porcello Estate Buyers, a 50-year and third-generation family jewelry business, is now actively seeking to buy gold teeth, also known as gold grillz.

Central Banks Buy Gold - 2009-03-11
The world's central banks, which have been net sellers of their gold reserves over the past several years, reversed their selling trend and were net buyers of an estimated 1.1 million ounces of gold during January, according to the New York-based CPM Group.

Gold Futures Fall Below $900 - 2009-03-10
Gold futures for April 2009 delivery fell more than 2% below $900 an ounce today as the equity markets rose, denting interest in the yellow metal as a safe haven.

Australian Gold Production to Rise 17% Over Four Years - 2009-03-03
The Australian Bureau of Agricultural and Resource Economics reported an expected 17% increase of Australian gold production over the next four years as investors boost purchases amid the global recession.

Gold Demand in India - 2009-02-26
Gold demand in India increased 84% during the fourth-quarter compared to the same quarter of 2007, led by a spectacular 107% rise in jewelery demand.

Gold Kruggerrand Demand Highest in 23 Years - 2009-02-23
Rand Refinery Ltd. has doubled weekly production of blank gold coins to 20,000 ounces as demand for the South African Gold Krugerrand rose to the highest level in 23 years.

Dubai Gold Jewelry Sales Fall 60% - 2009-02-05
Retail sales of gold and gold jewelry have reportedly fallen as much as 60% during January in Dubai, the heart of gold trade in the Middle East. However, the drop in gold sales is not due to a lack of demand.

Gold iPhone - 2009-01-12
Gold World editor Luke Burgess takes a look at the new $2.5 million gold iPhone from Peter Aloisson.

South African Gold Mines - 2008-12-10
South African gold mines produced 14.4% less material in October 2008 compared with the same month last year.

Zimbabwe Inflation Rate - 2008-12-02
Zimbabwe's annual inflation rate is now 516 quintillion per cent.

Agnico Eagle News - 2008-11-20
Gold investors finally saw the first significant sign that the global credit crunch is starting to ease in a recent bout of Agnico Eagle news.

Mark Cuban Insider Trading - 2008-11-17
The SEC has accused Mark Cuban of insider trading.

2008 China Gold Production Estimates - 2008-11-17
China's gold production is anticipated to reach up to 300 tons in 2008.

South Africa Gold Mines - 2008-11-14
South Africa gold mines produce 18% less gold by volume in September compared to one year ago.

AIG Bailout Plan Almost Doubles - 2008-11-11
The AIG Bailout Plan almost doubles. Meanwhile, company executives spend $343,000 at a lavish vacation resort in Phoenix.

Kinross Gold Corp - 2008-11-06
Kinross Gold Corp reports 64% increase in 3Q profits

Yamana Gold News - 2008-11-05
Gold World editor Luke Burgess updates Yamana Gold News

Video: Obama Gives McCain the Middle Finger? - 2008-11-03
Obama Gives McCain the Middle Finger

Video: Charlie Gasparino CNBC Flipout - 2008-10-31
There was a strange and hilarious exchange between Dylan Ratigan and the always controversial Charlie Gasparino near the end of the day on CNBC Thursday.

Goldcorp to Buy Gold Eagle Mines - 2008-07-31
Goldcorp Inc. (NYSE: GG, TSX: G) and Gold Eagle Mines Ltd. (TSX: GEA) today announced an agreement whereby Goldcorp will acquire, through a friendly plan of arrangement, all outstanding shares of Gold Eagle.

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