2008 News Archive

December 2008

Swiss Gold Bullion in Huge Demand as Trust in Banks Dives - Reuters - Dec. 17

Fed Cuts Rates to Near 0%, Vows to Bolster Economy - CNBC - Dec. 16

Rubicon Intersects 91.91 oz/ton Gold Over 1.6 feet...- Press Release - Dec. 11

Apollo Gold Closes $ 15 M Bridge Financing Facility for Black Fox - Press Release - Dec. 11

Obama to Spur Economy with Infrastructure Investment - Bloomberg - Dec. 8

November 2008

UAE Gold Sales Jump 56% in Q3 - Trade Arabia - November 23

Australian Gold Production to Hit 20-Year Low - The Courier-Mail - Nov. 23

Perth Mint Suspends Orders Amid Rush to Buy Bullion - The Australian Business - Nov. 21

Gold Demand Reaches Record High in Q3 2008 - Channel News Asia - Nov. 21

China's Gold Output to Reach 285 to 300 by Year's End - China Mining Association - Nov. 17

South Africa's Yr/Yr Gold Output Drops 17% in September - Reuters - Nov. 13

China Follows Suit with $586 B Stimulus Package - Bloomberg - Nov. 10

Rubicon Minerals Closes $10.2 M Financing - Press Release - Nov. 18

Bank of England Says Banks in Worst Shape in a Century - Bloomberg

European, British Central Banks Cut Rates - AP

Dubai Gold & Commodity Exchange YTD Trading Volume up 40%

October 2008

Rubicon Hits More High-Grade Gold at F2 Zone in Deepest Intercept to Date- PR Newswire (Oct 30)

Rubicon Hits More High-Grade Gold and Extends the F2 Zone - PR Newswire (Oct 21)

America's largest coin dealers continue to report difficulty filling customer orders and an unprecedented surge in business.

Gold Runs out in German Rush as Investors Seek Safe Haven

India Post, Reliance Money Deal to Sell Gold

Gold ETFs Rise by Over $3 B in Just 5 Days - MineWeb

September 2008

SPDR Gold Shares Holdings Rise to Record 724.94T - Reuters

Goldman, Morgan Stanley Become Banks Ending an Era for Wall Street - Bloomberg

Gold Soars Most Since 1999, Silver Surges on Demand for Haven - Bloomberg

NY Fed Repaid JPMorgan $ 87 B for Lehman Financing - Reuters

Platinum Group Metals Creates New Funded Joint Venture - Press Release

Bank of America to Acquire Merrill as Crisis Deepens - Bloomberg

China Precision Steel Announces Preliminary Results for Fiscal Year 2008 (50% Profit Jump) - Press Release

South African Gold Production Falls 16.4 on Year in July - Dow Jones Newswire

Platinum Production Slumps (32.8 % Less in South Africa for July) - Fin24.com

Stillwater Expected to Meet Full Year Production Forecast - Platinum Today

Feds to Take over Fannie Mae, Freddie Mac - New York Times

Integrity Bank Closes: Tenth Bank Failure This Year - Internet Times

Gold Equities are Oversold, TD Says - National Post

International Royalty Corp Acquires Four Royalties from Atna Resources - Press Release

August 2008

Rubicon Continues to Hit More Bonanza Grade Gold in F2 Zone Drilling - Press Release

Mint Suspends Red-Hot Eagle Gold Coins - Reuters

CBGA Member Gold Sales May Be Lowest Since '99 - Reuters

Apollo Gold Announces Completion of C$8,500,000 Private Placement - Press Release

Gold Demand Increases Despite Price Rise - Economic Times

Heavy Demand for India Gold Amid Dwindling Stocks - Reuters

Older News

South Africa Gold Output Falls 12 percent from June 2007 to 08 - Reuters

Proctor and Gamble 4Q Profit Jumps 33 percent- AP

Ex-Merrill Banker Kim Abandons Plans for Hedge Fund After Investors Back Out - Bloomberg

Citigroup Said to Close Remaining Tribeca Global Fund (Investor Redemptions) - Bloomberg

World Gold Council to Launch Dubai Gold ETF - Commodity Online

Wall Street Analysts See Bigger 2008 Loss for Merrill Lynch - Reuters

NAB's $1 B Write-Down Hammers Bank Revival - The Western Australian

DZ Bank Faces 300 M Euro Write-Down - Reuters

Regulators Seize Mortgage Lender IndyMac - New York Times

Royal Bank of Canada May Have CD 1.5 B Write-Down - Bloomberg

Rubicon Hits Bonanza Grade Gold in F2 Zone Set-up Hole, Phoenix Gold Project - Press Release

Wealth in the Ground - Wall Street Reporter Gives Investors Straight Dirt on Apollo Gold

Freddie, Fannie Plunge on Capital Concerns - Bloomberg

Dubai Gold Sales Volume Up 17 percent - Reuters

ETF Physical Gold Holdings Soar 15 percent - Reuters

South African Miners Union Sets August 6 Strike Date

Yanacocha Gold Workers May Join Peru's Mining Strike - Reuters

Manufacturing in US Unexpectedly Expanded in June - Bloomberg

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