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PRECIOUS METALS HIGHLIGHTS: Top Stories Of The Day133 days ago
JOHANNESBURG (I-Net Bridge)--Gold Fields Ltd. (GFI) Chief Executive Nick Holland sees the natural long-term floor price for gold at between $700 and $800 a troy ounce
Rebels of the Democratic Forces for the Liberation of Rwanda, or FDLR, have been forced to abandon a number of lucrative mining areas in eastern Congo due to the ongoing military operations by Congo's U.N.-backed army, a human rights group said Tuesday.
NEW YORK (Dow Jones)--Gold futures aren't reacting to tension between the west and Iran because of already elevated prices and anticipation that the political wrangling over the Islamic republic's nuclear program won't disrupt oil supply or raise crude prices.
Congo's senate has asked the government to punish mining companies and individuals implicated in mismanagement and corruption in the country's mining sector, U.N.-sponsored Radio Okapi reports Tuesday.
JOHANNESBURG (I-Net Bridge)--Gold Fields Ltd. (GFI), the world's fourth-largest gold producer, is aiming to grow from a producer of 4 million troy ounces to 5 million over a four- to five-year time horizon.
JOHANNESBURG (I-Net Bridge)--The National Union of Mineworkers Tuesday said more than 4,000 mine workers would march to DRDGold Ltd.'s (DRD.JO) Blyvoor main offices in Carletonville as strike action entered a third week.
NEW YORK (Dow Jones)--Gold futures settled essentially unchanged after paring profit-taking loses and recovering from slight downward pressure from lower oil prices and a higher U.S. dollar.
-By Matt Whittaker, Dow Jones Newswires; 212-416-2139; matt.whittaker@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=EcD%2BzY6KbOZIxjF%2FqGjJDw%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
September 29, 2009 16:00 ET (20:00 GMT)
TOP STORIES:
Gold Fields Sees Long-Term Price Floor At $700-$800/Oz - I-Net
Rights Group: Rebels Pushed Out Of Strategic Congo Mine Areas
STORIES OF INTEREST
=Gold Ignores Iran Tension As Funds Already Heavily In Market
Congo Senate Wants Govt To Punish Corrupt Mining Cos - Report
Gold Fields CEO Targets 5M Oz Production Within 5 Yrs - I-Net
Strike At DRDGold's S African Ops Enters 3rd Week - I-Net
MARKETS:
PRECIOUS METALS: NY Gold Pares Slight Losses, Settles Steady
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