Zhongjin Gold<600489>, China's biggest publicly-traded gold miner by market share, yesterday announced that it has acquired controlling stakes in three firms from parent China National Gold Group Corp (China Gold) for RMB 745 million in total through the China Beijing Equity Exchange, sources reported.Zhongjin Gold said in a statement filed with the Shanghai Stock Exchange that it will pay RMB...
BEIJING, Nov 6 - China reaffirmed on Friday that it is working to improve the allocation of assets in its foreign exchange reserves, when asked whether it would buy any of the gold that the...
* Analysts expect prolonged correction in gold price * Softer dollar helps support gold * Speculation rife over further cenbank gold acquisitions LONDON, Nov 5 - Gold slipped on Thursday, retreating from the record high...
* High price, illiquidity deter some Asia c.banks from gold * Cheaper for China to buy local gold * Thailand c.bank says no plan to buy gold * Sri Lanka has been buying gold for...
* Sri Lanka central bank has bought gold over past 5-6 months * Central Bank governor says gold buying continues * Governor declines to quantify purchases NEW DELHI, Nov 5 - Sri Lanka's central bank...
* Market keen to see if China, like India, buys IMF gold * Cheaper to buy up gold within China -former central banker * Current central banker: that won't dilute dollar reserves BEIJING, Nov 5...
BEIJING, Nov 5 - It would be cheaper for China to buy domestically mined gold than to buy bullion the International Monetary Fund is seeking to sell, a former adviser to the People's Bank of...
* Sees gold prices continuing to rise over next year * Sees risk of costs increasing as economy recovers * Company could produce 1.7 mln oz/year by 2013 (Adds details, background. In U.S. dollars unless...
* S&P global gold index rises 6.4 percent * Metal hits record high at $1,088.50/oz * Kinross lags sector due to weak earnings (In U.S. dollars, unless noted) TORONTO, Nov 3 - Shares of gold...
* LBMA delegates bullish on precious metals prices * Dollar seen weakening, inflation expected to rise * Third of delegates see economic growth stronger in 12 mths EDINBURGH, Nov 3 - Gold prices were expected...