After topping $110 earlier in the week, GLD receded quickly and ended the week around $108 in cautious trading. An recent acceleration in Chinese inflation sparked worries that the country may tighten monetary policy to curb the trend. Gold In supply news, South Africa’s statistics service said the country’s gold output fell a full 18.2 percent year-on-year in January.
Posts Tagged ‘NEM’
January 4th, 2010
Lake Victoria Gold: Newell’s new adventure
Dr. Newell served as Vice President of Development for Capital Gold Corp (US ticker symbol CGLD) from 2000 to 2007. He was President of CGLD’s Mexican subsidiary, Minera Santa Rita, where he was responsible for bringing the company’s El Chanate gold mine into production. can he do the same for LVCA?
Posted in Hot off the press, Micro Cap 
Tags: cgld, Chanate, Dr Roger Newell, geologist, lake victoria, lvca, lvca.ob, NEM, newmont mining, tanzania 
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