The People’s Bank of China, equivalent to the Federal Reserve in the U.S., has been busy attempting to acquire gold bullion wherever it can find it, according to Michael Lombardi, lead contributor to Profit Confidential. Lombardi believes that China is helping to fund its gold mining companies with capital, which is enabling it to buy gold mining companies overseas, mine the gold bullion, and ...

Shaanxi Mining Company Limited, a subsidiary of China Gold Resources Group Company Limited, is to construct a bridge at Gbane in the Talensi Nabdam District, in the Upper East Region.

Eric Sprott is a hedge fund manager who’s long precious metals and mining stocks – and he has no intention of changing that strategy anytime soon.Despite the sharp decline in gold, he tells us by year’s end his price target for gold is $2000.“We’re seeing statistics on physical gold purchases that argue very strongly for the price of gold to go up,” he says on CNBC's Halftime Report.In other ...

The most precious metal of the 21st century isn’t gold or silver—it’s the second hardest element found on earth: tungsten. GTSO Resources , an emerging mining company,

According to Michael Lombardi, lead contributor to Profit Confidential, there is mounting evidence of large amounts of buying in the gold market by India, Japan and China.New York, NY (PRWEB) April 30, 2012 According to Michael Lombardi, lead contributor to Profit Confidential, there is mounting evidence of large amounts of buying in the gold market by India, Japan and China.In the article, Two ...

MANILA, Philippines - The Wahaha Group Co. Ltd., one of China’s biggest conglomerates, has revived its interest in sugar production and mining exploration projects in the country. Trade and Industry Undersecretary Cristino L. Panlilio said the message was conveyed to him during a recent investment bankers’ mission from China.

It is times like these, gold buffs argue, that true believers need to keep the faith. Gold stocks have been pummelled, bullion has had one of its worst weeks in months, banks are reluctant to support new projects and there's little appetite for fundraisings by explorers trying to top up dwindling coffers.

John Hathaway is the senior managing director of Tocqueville Asset Management, where he manages all gold equity products and strategies. In an exclusive interview with The Gold Report, he shares why he is and will remain bullish on gold, the advice he most often gives mining companies and the investing advice that has stayed with him for almost 50 years.

Toronto's main stock index fell for the seventh time in eight sessions on Friday as resource shares slid on a witches' brew of Greek turmoil, slowdown fears in China and shock trading losses at JPMorgan ...

Russia’s largest gold producer, London-listed Polyus Gold, has sold 2.5 percent of its shares to the country's second largest lender, VTB, and five percent minus one share to China's Chengdong for an overall sum of $635.5 million, Polyus said on Friday.