Zijin Mining Group Co., China's largest gold producer by output, announced on Wednesday a 54 percent year-on-year slump in net profits in the first half of 2013, largely due to falling gold prices. In a statement filed with the Shanghai ...
Tags: Gold Miner, China's Largest
The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...
Tags: share market
Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
The stockmarket has opened slightly higher, boosted by stronger mining stocks on the back of improved prices for commodities. At 10.31am AEST the benchmark S&P/ASX200 index was up 17.6 points, or 0.34 per cent, at 5120.0 points. The ...
THE sharemarket continued its climb yesterday, reaching a 17-month high on positive news from Europe as US politicians inched closer to a deal on the fiscal cliff crisis. Utilities, energy, industrials, telecommunications, materials and ...
Tags: Positive, News Fuels, politicians inched
THE Australian sharemarket hit a fresh 17-month high today as US lawmakers inched closer to a deal on the fiscal cliff problem. Utilities, energy, industrials, telecommunications, materials and financial stocks mostly rose despite some ...
Tags: Investor Sentiment, fiscal, cliff problem
Reuters reported that Gold miner Osisko Mining Corporation which has offered about CAD 550 million for Queenston Mining Inc will buy Agnico Eagle Mines Limited's 9.2% stake in Queenston removing a potential rival bidder. Agnico Eagle, ...
Tags: gold miner, Osisko Mining Corporation, buy, stake