Gold

Even for a $37B asset base, a potential $720M loss is quite traumatic.  It appears this is what happened to John Paulson in the Sino-Forest blowup, unless there some some hedging on that specific position going on. Via Bloomberg: John Paulson's $37 billion hedge fund sold its entire stake in Sino-...

Dahlman Rose provided color on Seabridge Gold (OTC: SA) and Royal Gold's (NASDAQ: RGLD) private placement agreement in a research report published today. Dahlman Rose has previously given Seabridge Gold a Buy rating. In the report, Dahlman Rose states, "We see this as another stamp of approval for...

Gold Fields Limited (NYSE: GFI) announces that its shareholders have overwhelmingly approved the US$667 million acquisition of IAMGOLD Corporation's (NYSE: IAG) 18.9% stake in the Tarkwa and Damang gold mines in Ghana. Of the 603 million shares (84% of total shares in issues) that were voted at a...

When Fraser McGee took the helm of AIM quoted gold explorer Triple Plate Junction (LON:TPJ) in January this year he was faced with sorting out the focus of the company's business following 12 months of corporate havoc. A proposed de-listing, a reconstructed board, a rebuffed takeover approach and...

Deutsche Bank explained a number of updates in a research report published today. Deutsche Bank initiated its coverage of KKR Financial (NYSE: KFN) with a Buy rating and a price target of $12.50. In the report, Deutsche Bank states, "KKR Financial continues to give attractive returns, as it...

According Deutsche Bank, Newmont Mining (NYSE: NEM) management provided good detail on their recently announced 6‐ year target to reach 7m oz of gold production by 2017. Deutsche Bank said that Newmont also highlighted the dichotomy between its valuation vis-a-vis the S&P 500 which puts NEM at...

The following stocks hit new 52-week highs in Wednesday's trading session 1) Ulta Salon, Cosmetics & Fragrances (NASDAQ: ULTA): Shares of Ulta hit a 52-week high of $59.40 in Wednesday's trading session. The stock closed at $57.03. The year-to-date performance of Ulta has been a gain of 67.7...

Below are the top small-cap gold stocks on the NYSE, the NASDAQ and the AMEX in terms of revenue. The trailing-twelve-month revenue at Northgate Minerals Ltd (AMEX: NXG) is $482.80 million. NXG's PEG ratio is 2.53. The trailing-twelve-month revenue at Golden Star Resources Ltd (AMEX: GSS) is $445...

IAMGOLD Corporation (NYSE: IAG) announced that, today, it acquired 5,000,000 common shares of Avnel Gold Mining Limited, as the result of a purchase of common shares from an Avnel shareholder, on a prospectus exempt basis. IAMGOLD now owns 16,250,000 common shares of Avnel or approximately 8.48%...

Deutsche Bank has a $60 price target and a Buy rating on shares of Goldcorp (NYSE: GG). In a note to clients, Deutsche Bank writes, "Goldcorp highlighted during its presentation that "it is a gold company and will remain such" and does not expect to diversify into copper or any precious metals (i....

Kinross Gold Corporation (NYSE: KGC) announced today that it has subscribed for 625,000 units of Edgewater Exploration pursuant to a private placement. Each unit consists of one common share and one half of one share purchase warrant. Each full warrant allows the holder to purchase one common share...

Though Nevada's world-famous gold fields have historically yielded over 150 million gold ounces, they are still proving to be geologically fertile hunting grounds for exploration-minded junior mining companies. Two good examples are Auex Ventures and Fronteer Gold. Their gold finds were scooped up...

TruthisTreason.net – Kevin Hayden Source: Dean Henderson via BlackListedNews.com In 1789 Alexander Hamilton became the first Treasury Secretary of the United States.  Hamilton was one of many Founding Fathers who were Freemasons. He had close relations with the Rothschild family which owns the Bank...

TruthisTreason.net – Kevin Hayden Source: Dean Henderson via BlackListedNews.com In 1789 Alexander Hamilton became the first Treasury Secretary of the United States.  Hamilton was one of many Founding Fathers who were Freemasons. He had close relations with the Rothschild family which owns the Bank...

Gold is trading around $1,550 an ounce as we speak and gold miners are no where near their 52w highs. Look at Eldorado Gold or Agnico Eagle Mines, they are 28% off their all time highs. Among previously best performing explorers, US Gold and Novagold are 35% off their all time highs....