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	<title>Stock Blog Hub &#187; Gold</title>
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		<title>(ABX) Are These The Three Best Gold Stocks for 2012?</title>
		<link>http://www.stockbloghub.com/2012/03/06/abx-are-these-the-three-best-gold-stocks-for-2012/94391</link>
		<comments>http://www.stockbloghub.com/2012/03/06/abx-are-these-the-three-best-gold-stocks-for-2012/94391#comments</comments>
		<pubDate>Tue, 06 Mar 2012 21:35:09 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[EGO]]></category>
		<category><![CDATA[Eldorado Gold Corporation]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>
		<category><![CDATA[Yamana Gold Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94391</guid>
		<description><![CDATA[The gold mining industry is watching its production costs surge amid rising energy prices, inflation and increasing labor costs. In 2012, Barrick Gold (NYSE: ABX), the world’s largest primary gold producer, says its total cash operating cost could increase 13% to 22%. Meanwhile, Newmont Mining (NYSE: NEM), another key gold stock, expects to see a 6%-to-14% rise in costs applicable to gold sales. The industry is hoping that rising gold prices will buoy the hike in production costs. An annual survey of industry predictions by the London Bullion Market Association forecasts gold could top $2,000 an ounce this year. The outlook – made by 26 leading precious metals analysts from the world’s largest bullion-dealing banks and trading houses – underscores bullish speculation of gold prices in the broader market. All ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/06/abx-are-these-the-three-best-gold-stocks-for-2012/94391/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NEM) Newmont Mining Misses Sales Estimate</title>
		<link>http://www.stockbloghub.com/2012/02/24/nem-newmont-mining-misses-sales-estimate/92591</link>
		<comments>http://www.stockbloghub.com/2012/02/24/nem-newmont-mining-misses-sales-estimate/92591#comments</comments>
		<pubDate>Sat, 25 Feb 2012 00:48:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AM Castle & Company]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[CAS]]></category>
		<category><![CDATA[GFI]]></category>
		<category><![CDATA[Gold Fields Limited]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92591</guid>
		<description><![CDATA[Newmont Mining Corporation (NEM) reported adjusted basic earnings of $1.17 per share in the fourth quarter of 2011 compared to the prior year quarter of $1.16 per share. Including the charges of Hope Bay asset impairment, the company reported basic loss of $2.08 per share compared to $1.65 in the fourth quarter of 2010. The fourth quarter of 2010 also included the asset impairment charges of Hope Bay. Revenues Total revenue was $2.765 billion, up 9% year over year from $2.548 billion. Total revenue missed the Zacks Consensus Estimate of $2.781 billion. Newmont reported attributable gold and copper production of 1.3 million ounces and 47 million pounds, respectively, in the quarter at costs applicable to sales (CAS) of $602 per ounce, and $1.58 per pound on a co-product basis. Fiscal ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/24/nem-newmont-mining-misses-sales-estimate/92591/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GG) Goldcorp Profit Rises in Fourth Quarter</title>
		<link>http://www.stockbloghub.com/2012/02/17/gg-goldcorp-profit-rises-in-fourth-quarter/91789</link>
		<comments>http://www.stockbloghub.com/2012/02/17/gg-goldcorp-profit-rises-in-fourth-quarter/91789#comments</comments>
		<pubDate>Fri, 17 Feb 2012 20:38:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91789</guid>
		<description><![CDATA[Goldcorp Inc.’s (GG) adjusted net earnings were $531 million or 66 cents per share in the fourth quarter of 2011, compared with $431 million or 59 cents in the year-ago quarter. Results exceeded the Zacks Consensus Estimate of 60 cents per share. For the full year, adjusted earnings came in at $1.8 billion or $2.22 per share, compared with $1.0 billion or $1.43 in 2010, missing the Zacks Consensus Estimate of $2.23 per share. Revenue In the fourth quarter of 2011, revenues increased to $1.5 billion compared with $1.3 billion in the prior-year quarter. Gold sales in the quarter amounted to 685,000 ounces compared with 678,600 ounces in the year-ago quarter. The average realized gold price for the quarter rose 20.7% to $1,663 per ounce. Cash costs totaled $261 per ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/17/gg-goldcorp-profit-rises-in-fourth-quarter/91789/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(KGC) Kinross Gold Declares 2012 Outlook</title>
		<link>http://www.stockbloghub.com/2012/01/17/kgc-kinross-gold-declares-2012-outlook/90331</link>
		<comments>http://www.stockbloghub.com/2012/01/17/kgc-kinross-gold-declares-2012-outlook/90331#comments</comments>
		<pubDate>Tue, 17 Jan 2012 18:21:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[FDN]]></category>
		<category><![CDATA[First Trust Dow Jones Internet Index]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90331</guid>
		<description><![CDATA[Kinross Gold Corporation (KGC) declared preliminary operating results for full-year 2011 while providing guidance for 2012. Kinross expects 2011 production to be approximately 2.6 million gold equivalent ounces and cost of sales to be approximately $600 per gold equivalent ounce, both of these are equivalent to the the company’s previous guidance range. 2012 Outlook In 2012, Kinross expects to produce approximately 2.6-2.8 million gold equivalent ounces from its current operations. Production cost of sales per gold equivalent ounce is expected to be in the range of $670-715 for 2012. On a by-product basis, gold production is expected to be in the range of 2.5-2.6 million ounces and silver production is forecast to be in the range of 7.5-8.0 million ounces. Average production cost of sales per gold ounce on a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/17/kgc-kinross-gold-declares-2012-outlook/90331/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(KGC) Kinross Gold Updates Depreciation, Depletion and Amortization Guidance</title>
		<link>http://www.stockbloghub.com/2011/11/28/kgc-kinross-gold-updates-depreciation-depletion-and-amortization-guidance/87631</link>
		<comments>http://www.stockbloghub.com/2011/11/28/kgc-kinross-gold-updates-depreciation-depletion-and-amortization-guidance/87631#comments</comments>
		<pubDate>Mon, 28 Nov 2011 20:48:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87631</guid>
		<description><![CDATA[Gold miner Kinross Gold Corporation (KGC) updated its guidance for depreciation, depletion and amortization in 2011 to approximately $600 million versus its previous forecast of $651million. Kinross remains on track to produce about 2.6 – 2.7 million attributable gold equivalent ounces in 2011.  The average cost of sales per gold equivalent ounce is expected within the previous guidance range of $565 – $610. Recently, Kinross reported an adjusted net income of $273.4 million or 24 cents per share in the third quarter of 2011; above last year’s $116.8 million or 15 cents per share, outpacing the Zacks Consensus Estimate of 21 cents per share. GAAP net earnings were $212.6 million or 19 cents per share in the third quarter of 2011 compared with $540.9 million, or 71 cents per share ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/28/kgc-kinross-gold-updates-depreciation-depletion-and-amortization-guidance/87631/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABX) Miners Say Gold Going Higher</title>
		<link>http://www.stockbloghub.com/2011/11/09/abx-miners-say-gold-going-higher/86723</link>
		<comments>http://www.stockbloghub.com/2011/11/09/abx-miners-say-gold-going-higher/86723#comments</comments>
		<pubDate>Wed, 09 Nov 2011 16:54:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GDX]]></category>
		<category><![CDATA[GFI]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Gold Fields Limited]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[Market Vectors Gold Miners ETF]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>
		<category><![CDATA[Randgold Resources Limited]]></category>
		<category><![CDATA[RGLD]]></category>
		<category><![CDATA[Royal Gold Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86723</guid>
		<description><![CDATA[Think gold is another asset bubble waiting to pop? The strength of the mining stocks is telling a different story based on a mix of near-term and secular trends. The big picture story we know: in an era of fiat currencies being printed to fulfill quantitative easing policies, the barbarous relic has renewed its status as a monetary vehicle, a way for investment managers to diversify their exposure to dollars, euros, yen, or pounds. Holders of paper currency, printed to sustain numerous, ominous bubbles of debt, have an appetite for exchanging it for &#8220;hard&#8221; currency. And this hunger is only likely to continue. The near-term story is that we are in the midst of a seasonally strong period for gold where it&#8217;s very likely the yellow metal makes a run ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/09/abx-miners-say-gold-going-higher/86723/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GG) Goldcorp Quarterly Earnings Exceed Consensus</title>
		<link>http://www.stockbloghub.com/2011/11/04/gg-goldcorp-quarterly-earnings-exceed-consensus/86077</link>
		<comments>http://www.stockbloghub.com/2011/11/04/gg-goldcorp-quarterly-earnings-exceed-consensus/86077#comments</comments>
		<pubDate>Fri, 04 Nov 2011 18:57:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86077</guid>
		<description><![CDATA[Goldcorp Inc.’s (GG) adjusted net earnings were $459 million, or 57 cents per share compared with $244 million or 33 cents per share in the year-ago quarter. Results exceeded the Zacks Consensus Estimate of 56 cents per share. Reported net earnings were $336 million in the third quarter of 2011 compared with $721 million in the third quarter of 2010. Revenue In the third quarter of 2011, revenues increased 48% year over year to $1.3 billion, on gold sales of 571,500 ounces. The average realized gold price for the quarter rose 39% to $1,719 an ounce. Cash costs totaled $258 per ounce on a by-product basis and $551 per ounce on a co-product basis. Output in the quarter rose slightly as production gains at its Penasquito mine in Mexico and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/04/gg-goldcorp-quarterly-earnings-exceed-consensus/86077/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AEM) Company News for November 4, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/11/04/aem-company-news-for-november-4-2011-corporate-summary/86532</link>
		<comments>http://www.stockbloghub.com/2011/11/04/aem-company-news-for-november-4-2011-corporate-summary/86532#comments</comments>
		<pubDate>Fri, 04 Nov 2011 18:38:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Abercrombie & Fitch Company]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>
		<category><![CDATA[Allos Therapeutics Inc.]]></category>
		<category><![CDATA[ALTH]]></category>
		<category><![CDATA[ANF]]></category>
		<category><![CDATA[Directv Group Inc]]></category>
		<category><![CDATA[DTV]]></category>
		<category><![CDATA[EL]]></category>
		<category><![CDATA[Elizabeth Arden Inc.]]></category>
		<category><![CDATA[Energizer Holdings Inc.]]></category>
		<category><![CDATA[ENR]]></category>
		<category><![CDATA[Estee Lauder Companies Inc.]]></category>
		<category><![CDATA[PCG]]></category>
		<category><![CDATA[PG & E Corporation]]></category>
		<category><![CDATA[RDEN]]></category>
		<category><![CDATA[Savient Pharmaceuticals Inc]]></category>
		<category><![CDATA[SVNT]]></category>
		<category><![CDATA[TEVA]]></category>
		<category><![CDATA[Teva Pharmaceutical Industries Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86532</guid>
		<description><![CDATA[•    Allos Therapeutics (NASDAQ:ALTH) posted a Q3 loss of $0.11 per share, lower than the Zacks Consensus Estimate for a loss of $0.15 per share. Revenues for the quarter rose 73.2% year-over-year to $14.2 million, surpassing the Zacks Consensus Estimate of $13.0 million •    Elizabeth Arden (NASDAQ:RDEN) reported Q1 EPS of $0.31, exceeding the Zacks Consensus Estimate of $0.29 per share. Revenues for the quarter rose 6.6% year-over-year to $303.5 million, marginally higher than the Zacks Consensus Estimate of $303.0 million •    Savient Pharmaceuticals (NASDAQ:SVNT) posted a Q3 loss of $0.39 per share, narrower than the Zacks Consensus Estimate for a loss of $0.43 per share. Revenues for the quarter rose 19.7% year-over-year to $2.04 billion •    Energizer (NYSE:ENR) reported Q4 EPS of $1.10, ex-items, lower than the Zacks Consensus ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/04/aem-company-news-for-november-4-2011-corporate-summary/86532/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SA) U.S. Home Prices Edge Down in August</title>
		<link>http://www.stockbloghub.com/2011/10/26/sa-u-s-home-prices-edge-down-in-august/85853</link>
		<comments>http://www.stockbloghub.com/2011/10/26/sa-u-s-home-prices-edge-down-in-august/85853#comments</comments>
		<pubDate>Wed, 26 Oct 2011 13:41:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[S.A.]]></category>
		<category><![CDATA[Seabridge Gold Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85853</guid>
		<description><![CDATA[In August, home prices were down on a seasonally adjusted basis. The Case-Schiller Composite 10 City index (C-10) fell 0.18% on a seasonally adjusted basis, and is down 3.55% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) edged down by 0.05% on the month and is down 3.85% from a year ago. Prices for both indexes rose by 0.2% for the month on a not seasonally adjusted basis (which is how you will probably see most of the reports presented). Of the 20 cities, six were up on the month-to-month basis (SA), and 14 were down. Year over year, though, 18 were down and only Detroit and Washington DC made it into the plus column. The overall indexes are down 32.23% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/26/sa-u-s-home-prices-edge-down-in-august/85853/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABX) Why Gold Mining Stocks Are About to Skyrocket</title>
		<link>http://www.stockbloghub.com/2011/09/21/abx-why-gold-mining-stocks-are-about-to-skyrocket/83723</link>
		<comments>http://www.stockbloghub.com/2011/09/21/abx-why-gold-mining-stocks-are-about-to-skyrocket/83723#comments</comments>
		<pubDate>Wed, 21 Sep 2011 15:06:31 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GDX]]></category>
		<category><![CDATA[GFI]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Gold Fields Limited]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[Hecla Mining Company]]></category>
		<category><![CDATA[HL]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[Market Vectors Gold Miners ETF]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>
		<category><![CDATA[RGLD]]></category>
		<category><![CDATA[Royal Gold Inc.]]></category>
		<category><![CDATA[VGZ]]></category>
		<category><![CDATA[Vista Gold Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83723</guid>
		<description><![CDATA[by Dr. Mark Skousen, Investment U Contributing Editor Wednesday, September 21, 2011: Issue #1605 Are you frustrated by the failure of gold mining stocks to keep up with gold? I am. While gold and silver are up 30 percent this year, the mining stocks continue to lag. Barrick Gold (NYSE: ABX) and Newmont Mining (NYSE: NEM), the two largest gold producers in North America, are break-even for the year. Hecla Mining (NYSE: HL), the country’s largest silver producer, is down 35 percent even though earnings have doubled. The major South African gold stocks, like Gold Fields (NYSE: GFI) and AngloGold (NYSE: AU), are down for the year. The Gold Miners ETF (NYSE: GDX) has been extremely volatile and is break-even for the year. There are exceptions, but the overall trend ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/21/abx-why-gold-mining-stocks-are-about-to-skyrocket/83723/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AEM) Agnico-Eagle Mines Agrees to Acquire Grayd Resource Corporation</title>
		<link>http://www.stockbloghub.com/2011/09/21/aem-agnico-eagle-mines-agrees-to-acquire-grayd-resource-corporation/83696</link>
		<comments>http://www.stockbloghub.com/2011/09/21/aem-agnico-eagle-mines-agrees-to-acquire-grayd-resource-corporation/83696#comments</comments>
		<pubDate>Wed, 21 Sep 2011 14:55:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83696</guid>
		<description><![CDATA[Agnico-Eagle Mines Ltd. (AEM) agreed to acquire Grayd Resource Corporation (Grayd) in a deal valued at approximately US$275 million, giving the Canadian gold producer an early stage project in Mexico. Agnico-Eagle will offer Grayd shareholders a combination of cash and shares valued at US$2.80 per Grayd share. The offer for Grayd, will give shareholders the option to receive either US$2.80 in cash or 0.04039 of an Agnico-Eagle share and five cents in cash, subject to a maximum cash payout of about US$92 million. In return, Agnico-Eagle will get ownership of the La India project in the Mulatos gold belt in Sonora, Mexico. The project has an indicated resource of 26.8 million tonnes at a grade of 0.88 of a gram per tonne. Grayd has also recently discovered the Tarachi gold ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NEM) Newmont Mining Gold Output to Double</title>
		<link>http://www.stockbloghub.com/2011/09/20/nem-newmont-mining-gold-output-to-double-2/83336</link>
		<comments>http://www.stockbloghub.com/2011/09/20/nem-newmont-mining-gold-output-to-double-2/83336#comments</comments>
		<pubDate>Tue, 20 Sep 2011 20:11:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AM Castle & Company]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[CAS]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83336</guid>
		<description><![CDATA[Gold miner Newmont Mining Corp&#8216;s (NEM) Peruvian subsidiary aims to double annual output to 2.5 million ounces by 2017, once the key projects start operations. Yanacocha, a joint venture between Newmont and Peru&#8217;s Buenaventura, is developing the $4.8 billion Minas Conga. It will be the largest investment in Peruvian mines ever producing 1.46 million ounces of gold in 2010. Minas Conga is located in the northern region of Cajamarca and will produce between 580,000 and 680,000 ounces of gold per year for the first five years. The mine should also produce between 155 and 234 million pounds of copper per year when it starts producing in 2014. The company released its second-quarter results for 2011 in July, thereby increasing its adjusted net income to $445 million or 90 cents per ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/20/nem-newmont-mining-gold-output-to-double-2/83336/feed</wfw:commentRss>
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		<title>(NEM) Newmont Mining Gold Output to Double</title>
		<link>http://www.stockbloghub.com/2011/09/15/nem-newmont-mining-gold-output-to-double/83255</link>
		<comments>http://www.stockbloghub.com/2011/09/15/nem-newmont-mining-gold-output-to-double/83255#comments</comments>
		<pubDate>Thu, 15 Sep 2011 18:09:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AM Castle & Company]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[CAS]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83255</guid>
		<description><![CDATA[Gold miner Newmont Mining Corp&#8216;s (NEM) Peruvian subsidiary aims to double annual output to 2.5 million ounces by 2017, once the key projects start operations. Yanacocha, a joint venture between Newmont and Peru&#8217;s Buenaventura, isdeveloping the $4.8 billion Minas Conga. It will be the largest investment in Peruvian mines ever producing 1.46 million ounces of gold in 2010. Minas Conga is located in the northern region of Cajamarca and will produce between 580,000 and 680,000 ounces of gold per year for the first five years. The mine should also produce between 155 and 234 million pounds of copper per year when it starts producing in 2014. The company released its second-quarter results for 2011 in July, thereby increasing its adjusted net income to $445 million or 90 cents per share ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(NEM) Newmont Mining Plans Mine Extension</title>
		<link>http://www.stockbloghub.com/2011/09/03/nem-newmont-mining-plans-mine-extension/81910</link>
		<comments>http://www.stockbloghub.com/2011/09/03/nem-newmont-mining-plans-mine-extension/81910#comments</comments>
		<pubDate>Sat, 03 Sep 2011 16:44:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AM Castle & Company]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[CAS]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81910</guid>
		<description><![CDATA[Gold miner Newmont Mining Corp. (NEM) announced its plans to build another underground mine.  The company plans to start exploration activities at its Waihi site in New Zealand. The proposed mine could extend gold and silver mining under the town until 2020. Newmont also announced a second program, known as the Martha exploration project, which would be within the existing Martha mining license area and the pit rim, and would need a variation to the existing mining license. A week ago the company also announced its intention to sell its coal assets in Queensland, Australia. The company is in discussions with several potential buyers. None of the possible acquirers has been named, nor has a sales figure been disclosed. Newmont also stated that no deadline has been set for the ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(SA) U.S. Housing Prices Mixed in June</title>
		<link>http://www.stockbloghub.com/2011/09/01/sa-u-s-housing-prices-mixed-in-june/82306</link>
		<comments>http://www.stockbloghub.com/2011/09/01/sa-u-s-housing-prices-mixed-in-june/82306#comments</comments>
		<pubDate>Thu, 01 Sep 2011 17:09:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[DGI]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DigitalGlobe Inc]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[EQR]]></category>
		<category><![CDATA[Equity Residential]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[MAS]]></category>
		<category><![CDATA[Masco Corporation]]></category>
		<category><![CDATA[S.A.]]></category>
		<category><![CDATA[Seabridge Gold Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82306</guid>
		<description><![CDATA[In June, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose a slight 0.04% on a seasonally adjusted basis, and is down 3.85% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) edged down by 0.06% on the month and is down 4.55% from a year ago. Prices for both indexes rose on a not-seasonally-adjusted (SA) basis (which is how you will probably and incorrectly see most of the reports presented). Of the 20 cities, eight were up on the month-to-month basis (SA), and twelve were down. Year over year, though, all twenty were down. The rise in the C-10 was the third in a row. The overall indexes are down 31.90% (C-10) and 31.87% (C-20) from the (4/06) ]]></description>
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		<title>(HMY) Harmony Gold Mining Reports Fourth Quarter Loss</title>
		<link>http://www.stockbloghub.com/2011/08/16/hmy-harmony-gold-mining-reports-fourth-quarter-loss/81406</link>
		<comments>http://www.stockbloghub.com/2011/08/16/hmy-harmony-gold-mining-reports-fourth-quarter-loss/81406#comments</comments>
		<pubDate>Tue, 16 Aug 2011 16:59:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Harmony Gold Mining Company Limited]]></category>
		<category><![CDATA[HMY]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81406</guid>
		<description><![CDATA[Harmony Gold Mining Co. Ltd. (HMY) recorded net loss of 1 cent per share in the fourth quarter ended June 2011 versus last quarter’s profit of 8 cents per share. In fiscal year 2011, the company reported net earnings of 21 cents versus a net loss of 6 cents in fiscal year 2010. Revenue However, revenues were up 22.0% sequentially to $505 million versus $422 million in the prior quarter and up 25% year over year from $404 million. The increase in revenue was driven by a rise in the gold price received, offset by a decrease in gold sold. In fiscal year 2011, revenues were up 19.6% year over year to $1,781 million. Costs Gold production increased 3.0% sequentially to 326,394 ounces. Cash operating costs increased mainly due to ]]></description>
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		<title>(NEM) Newmont Mining Starts Exploration Project</title>
		<link>http://www.stockbloghub.com/2011/08/15/nem-newmont-mining-starts-exploration-project/81287</link>
		<comments>http://www.stockbloghub.com/2011/08/15/nem-newmont-mining-starts-exploration-project/81287#comments</comments>
		<pubDate>Mon, 15 Aug 2011 13:57:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AM Castle & Company]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[CAS]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81287</guid>
		<description><![CDATA[Newmont Nusa Tenggara, a unit of U.S. miner Newmont Mining Corp. (NEM)  in Indonesia will start exploration work on a new gold and copper block in Sumbawa, West Nusa Tenggara. The company expects drilling to commence in September 2011. The exploration area is within the 87,000 hectares of forest land granted to the company by the Indonesian government in 1986. Recently the company released its financial results for the second quarter of 2011. The adjusted net income rose to $445 million or 90 cents per share in the second quarter from last year’s $377 million or 77 cents per share. The result was below the Zacks Consensus Estimate of $1.00 per share. Total revenue was $2.4 billion, up 11% year over year, below the Zacks Consensus Estimate of $2.5 billion. ]]></description>
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		<title>(KGC) Kinross Gold Posts Strong Second Quarter Earnings</title>
		<link>http://www.stockbloghub.com/2011/08/11/kgc-kinross-gold-posts-strong-second-quarter-earnings/81130</link>
		<comments>http://www.stockbloghub.com/2011/08/11/kgc-kinross-gold-posts-strong-second-quarter-earnings/81130#comments</comments>
		<pubDate>Thu, 11 Aug 2011 19:39:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[FDN]]></category>
		<category><![CDATA[First Trust Dow Jones Internet Index]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81130</guid>
		<description><![CDATA[Gold miner Kinross Gold Corporation (KGC) reported record adjusted net income of $226.5 million or $0.20 per share in the second quarter of 2011, above last year’s $111.4 million or $0.16 per share, outpacing the Zacks Consensus Estimate of $0.16. GAAP net earnings were $247.4 million or $0.22 per share in the second quarter of 2011 compared with $110.4 million, or $0.16 per share in the prior-year quarter. Quarterly revenues leaped 42% to $987.8 million, driven by strong performance at all operations, notably Kupol, Maricunga, and Fort Knox amid continuing strong gold prices. Gold production increased 26% year over year to 676,245 ounces in the second quarter of 2011 with an average realized gold price of $1,449 per ounce sold compared with $1,158 per ounce sold in the prior-year quarter. ]]></description>
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		<title>(GG) Goldcorp Quarterly Earnings Report Meets Consensus</title>
		<link>http://www.stockbloghub.com/2011/08/03/gg-goldcorp-quarterly-earnings-report-meets-consensus/80303</link>
		<comments>http://www.stockbloghub.com/2011/08/03/gg-goldcorp-quarterly-earnings-report-meets-consensus/80303#comments</comments>
		<pubDate>Wed, 03 Aug 2011 15:31:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80303</guid>
		<description><![CDATA[Goldcorp Inc.’s (GG) reported net earnings were $489 million in the second quarter of 2011 compared with $524 million in the second quarter of 2010. Adjusted net earnings were $420 million, or 52 cents per share compared with $199 million or 27 cents per share in the year-ago quarter. Results were in line with the Zacks Consensus Estimate. Revenue In the second quarter of 2011, revenues increased 62% year over year to $1.3 billion, on gold sales of 606,400 ounces. Record realized gold prices and Goldcorp’s strong production boosted revenues. The average realized gold price for the quarter rose 25% to $1,516 an ounce. Cash costs totaled $185 per ounce on a by-product basis and $553 per ounce on a co-product basis. Mining Update Mexico: At the Penasquito mine, gold ]]></description>
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		<title>(ABX) Barrick Gold to Win $3.3 Billion Mining Rights</title>
		<link>http://www.stockbloghub.com/2011/06/29/abx-barrick-gold-to-win-3-3-billion-mining-rights/77795</link>
		<comments>http://www.stockbloghub.com/2011/06/29/abx-barrick-gold-to-win-3-3-billion-mining-rights/77795#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:28:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77795</guid>
		<description><![CDATA[Barrick Gold Corporation (ABX) and its Chilean-based partner Antofagasta are likely to succeed mining rights for a $3.3 billion copper and gold project in Pakistan. Tethyan Copper Co. (TCC), a joint venture between Barrick Gold and Antofagasta, one of the world&#8217;s largest copper miners, has been granted an exploration license for the Reko Diq site. Tethyan, formerly a subsidiary of Australia&#8217;s Mincor Resources, has a 75% interest, and the remaining 25% are with the Balochistan government. The first stage of the project, which is expected to start production in 2015, would produce 200,000 tonnes of copper and up to 300,000 ounces of gold a year. Earlier in 2009, Barrick and Antofagasta had announced plans to invest up to $3 billion in a copper and gold mine at Reko Diq in ]]></description>
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		<title>(NEM) Newmont Mining Under Review in Jakarta by the Corruption Eradication Commission</title>
		<link>http://www.stockbloghub.com/2011/06/29/nem-newmont-mining-under-review-in-jakarta-by-the-corruption-eradication-commission/77816</link>
		<comments>http://www.stockbloghub.com/2011/06/29/nem-newmont-mining-under-review-in-jakarta-by-the-corruption-eradication-commission/77816#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:25:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GFI]]></category>
		<category><![CDATA[Gold Fields Limited]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77816</guid>
		<description><![CDATA[The U.S. mining group, Newmont Mining Corp. (NEM) is under scanner in Jakarta by the Corruption Eradication Commission (KPK) for breaching rules on the foreign ownership of mining assets. The officials are probing whether Newmont should retain a controlling stake in Newmont Nusa Tenggara (PTNNT). PTNNT is Newmont’s most profitable Indonesian business. Newmont is required to reduce its stake in the subsidiary, which operates the vast Batu Hijau copper and gold mine in eastern Indonesia, to a minority holding, according to rules aimed at protecting assets considered as national interest. The Indonesian government would sell 7% stake that it will buy in the Indonesian unit of Newmont to local governments with an aim to diffuse opposition from some lawmakers against central government’s plan to buy  stake in PTNNT. Newmont together ]]></description>
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		<title>(AEM) Agnico-Eagle Mines Mine Output Unscathed by Fire</title>
		<link>http://www.stockbloghub.com/2011/06/28/aem-agnico-eagle-mines-mine-output-unscathed-by-fire/77678</link>
		<comments>http://www.stockbloghub.com/2011/06/28/aem-agnico-eagle-mines-mine-output-unscathed-by-fire/77678#comments</comments>
		<pubDate>Tue, 28 Jun 2011 15:59:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77678</guid>
		<description><![CDATA[Toronto based Agnico-Eagle Mines (AEM) announced that gold production at its Meadowbank operation in Canada&#8217;s Nunavut territory will be around 50% higher in the second half of 2011 compared with the first six months of the year. As per the company, total group production is also expected to be higher, and costs are anticipated to improve in the second half of 2011. A few months back, a fire broke out at Meadowbank and destroyed the kitchen and dining room facilities forcing the company to operate the mine at lower staffing and production levels. According to the company, operations at the mine in the Canadian territory of Nunavut have been fully recovered and a permanent replacement for the destroyed kitchen would be in place by the end of 2011. The company ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(NEM) Newmont Mining Analyst Downgrades Shares to Neutral</title>
		<link>http://www.stockbloghub.com/2011/06/27/nem-newmont-mining-analyst-downgrades-shares-to-neutral/77583</link>
		<comments>http://www.stockbloghub.com/2011/06/27/nem-newmont-mining-analyst-downgrades-shares-to-neutral/77583#comments</comments>
		<pubDate>Mon, 27 Jun 2011 18:47:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GFI]]></category>
		<category><![CDATA[Gold Fields Limited]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77583</guid>
		<description><![CDATA[Despite the excellent first-quarter 2011 results provided by Newmont Mining Corporation (NEM), we are downgrading our recommendation from Outperform to Neutral based on a number of challenges that the company faces at the Boddington mine. Newmont reported adjusted net income of $513 million or $1.04 per share, up from last year’s $408 million or $0.83. The result eclipsed the Zacks Consensus Estimate of $0.96 per share. Total revenue was $2.5 billion, up 10% year over year, below the Zacks Consensus Estimate of $2.6 billion. Attributable gold and copper production was 1.3 million ounces and 57 million pounds, respectively, in the quarter at costs applicable to sales of $557 per ounce, and $1.11 per pound on a co-product basis. Newmont also entered into a contract with Fronteer Gold Inc., under which ]]></description>
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		<title>(NEM) Indonesia Divesting Newmont Mining Stake</title>
		<link>http://www.stockbloghub.com/2011/06/24/nem-indonesia-divesting-newmont-mining-stake/77335</link>
		<comments>http://www.stockbloghub.com/2011/06/24/nem-indonesia-divesting-newmont-mining-stake/77335#comments</comments>
		<pubDate>Fri, 24 Jun 2011 16:33:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GFI]]></category>
		<category><![CDATA[Gold Fields Limited]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77335</guid>
		<description><![CDATA[The Indonesian government announced that it will sell part of a 7% stake it will buy in the Indonesian unit of  Newmont Mining Corp. (NEM) to local governments. According to Reuters,  the move is aimed at diffusing opposition from some lawmakers against the central government’s plan to buy the stake in PT Newmont Nusa Tengarra (PTNNT) which operates the Batu Hijau gold and copper mine in Sumbawa island. In February 2011, PT Newmont Nusa Tenggara expressed an interest to list itself on the IDX (Indonesia Stock Exchange). The company has three reasons to conduct an IPO, firstly, to give an opportunity to the public in Sumbawa in particular to buy its shares and thereby, participate in its growth, secondly, to facilitate the government`s economic policy and lastly, to make it ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/24/nem-indonesia-divesting-newmont-mining-stake/77335/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(KGC) Kinross Gold Invests in Edgewater Exploration</title>
		<link>http://www.stockbloghub.com/2011/06/19/kgc-kinross-gold-invests-in-edgewater-exploration/76698</link>
		<comments>http://www.stockbloghub.com/2011/06/19/kgc-kinross-gold-invests-in-edgewater-exploration/76698#comments</comments>
		<pubDate>Sun, 19 Jun 2011 17:24:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76698</guid>
		<description><![CDATA[The Canadian mining company Kinross Gold Corporation (KGC) announced that it intends to purchase 625,000 units of Edgewater Exploration Ltd. in a private placement, for C$500,000.The private placement is subject to approval by the TSX Venture Exchange. After the private placement goes through, Kinross would hold 8.9 million shares, constituting 12.7% of Edgewater&#8217;s outstanding shares. Kinross intends to purchase the Edgewater units for investment purposes. The company expects to produce between 2.6-million and 2.7-million ounces in 2011. By 2015, Kinross expects production to grow to 4.5-4.9 million ounces, as new projects start in 2013 and 2014. With new studies completed at Tasiast, FDN, Lobo-Marte, and Dvoinoye, Kinross is making significant and steady progress in advancing the projects that give the company the best growth profile among senior gold producers. Edgewater ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/19/kgc-kinross-gold-invests-in-edgewater-exploration/76698/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(NEM) Newmont Sells Stake to Government</title>
		<link>http://www.stockbloghub.com/2011/05/11/nem-newmont-sells-stake-to-government/73703</link>
		<comments>http://www.stockbloghub.com/2011/05/11/nem-newmont-sells-stake-to-government/73703#comments</comments>
		<pubDate>Thu, 12 May 2011 00:49:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>
		<category><![CDATA[PharmAthene Inc]]></category>
		<category><![CDATA[PIP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73703</guid>
		<description><![CDATA[Newmont Mining Corp. (NEM) sold its 7% stake in PT Newmont Nusa Tenggara (NNT), partly owned by Newmont and Japan&#8217;s Sumitomo Corporation to the government. NNT plans to raise about $500 million in a public offering by selling a 10% stake within 12 months. The divestiture was in compliance with the Contract of Work with the government of Indonesia. The financial details of the divesture were not disclosed but it is assumed that the deal was $246.8 million. The stake went to the state investment agency Pusat Investasi Pemerintah (PIP). As per the agreement, foreign shareholders of NNT were supposed to sell a total stake of 51% gradually to local investors in four years after they started production. Jointly, Newmont and Sumitomo sold a 24% stake to PT Multi Daerah ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/11/nem-newmont-sells-stake-to-government/73703/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(GG) Goldcorp 2011 First Quarter Profit Surges</title>
		<link>http://www.stockbloghub.com/2011/05/05/gg-goldcorp-2011-first-quarter-profit-surges/73471</link>
		<comments>http://www.stockbloghub.com/2011/05/05/gg-goldcorp-2011-first-quarter-profit-surges/73471#comments</comments>
		<pubDate>Fri, 06 May 2011 01:38:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73471</guid>
		<description><![CDATA[Goldcorp Inc.’s (GG) reported net earnings in the first quarter of 2011 were $651 million compared with $232 million in the first quarter of 2010. Adjusted net earnings were $397 million, or 50 cents per share compared with $159 million or 22 cents per share in the first quarter of 2010. Results exceeded the Zacks Consensus Estimate of 48 cents. Revenue In the first quarter of 2011, revenues increased 69% year over year to $1,216 million, on gold sales of 627,300 ounces. Revenues missed the Zacks Consensus Estimate of $1,295 million. Record realized gold prices and Goldcorp’s strong production boosted revenues. The average realized gold price for the quarter rose 26% to $1,694 an ounce. Cash costs, including a by-product credit, were $188 an ounce. Mining Update Mexico: At the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/05/gg-goldcorp-2011-first-quarter-profit-surges/73471/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ABX) Barrick Gold&#8217;s First Quarter 2011 Shows Profit</title>
		<link>http://www.stockbloghub.com/2011/05/03/abx-barrick-golds-first-quarter-2011-shows-profit/72665</link>
		<comments>http://www.stockbloghub.com/2011/05/03/abx-barrick-golds-first-quarter-2011-shows-profit/72665#comments</comments>
		<pubDate>Tue, 03 May 2011 19:10:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABG]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[Asbury Automotive Group Inc.]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72665</guid>
		<description><![CDATA[Barrick Gold Corp. (ABX) posted record first-quarter 2011 results driven by higher gold sales volumes and higher prices for both gold and copper. The first quarter reported a net income of $1.0 billion or $1.00 per share. Adjusted net income was up 32% year over year to $1.0 billion or $1.01 per share compared with $763 million or 78 cents per share in the prior-year quarter, in line with the Zacks Consensus Estimate of $1.01. Revenue In the first quarter of 2010, total revenue of $3.1 billion was higher than $2.6 billion in the prior-year quarter, below the Zacks Consensus Estimate of $3.2 billion. In the reported quarter, gold production was 1.96 million ounces at total cash costs of $437 per ounce or net cash costs of $308 per ounce ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/abx-barrick-golds-first-quarter-2011-shows-profit/72665/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ABX) Barrick Gold Moves into Copper Mining</title>
		<link>http://www.stockbloghub.com/2011/05/03/abx-barrick-gold-moves-into-copper-mining/72827</link>
		<comments>http://www.stockbloghub.com/2011/05/03/abx-barrick-gold-moves-into-copper-mining/72827#comments</comments>
		<pubDate>Tue, 03 May 2011 18:46:50 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72827</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Friday, April 29, 2011 Barrick Gold (NYSE: ABX) is the world’s largest gold producer. Last year, it mined net profits of $3.3 billion, but it wants more… So it recently surprised the market with a $7.6-billion bid for Canadian-Australian copper mining company Equinox Minerals (OTC: EQXMF.PK). Barrick expects to produce 300 million pounds of copper this year, along with about 7.8 million ounces of gold. And with the Equinox acquisition, that copper figure could quadruple. The move might seem strange for a solid gold company. But Barrick wants to diversify, despite shareholder angst. African Copper Barrick isn’t the only company interested in Equinox; China’s Minmetals Resources tried to acquire it, as well. So Barrick stepped in to offer a 16 percent premium to Minmetals’ ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/abx-barrick-gold-moves-into-copper-mining/72827/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ABX) Company News for April 26, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/04/26/abx-company-news-for-april-26-2011-corporate-summary/72432</link>
		<comments>http://www.stockbloghub.com/2011/04/26/abx-company-news-for-april-26-2011-corporate-summary/72432#comments</comments>
		<pubDate>Tue, 26 Apr 2011 21:27:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Ameriprise Financial Inc.]]></category>
		<category><![CDATA[AMP]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[HBAN]]></category>
		<category><![CDATA[Huntington Bancshares Inc]]></category>
		<category><![CDATA[IGT]]></category>
		<category><![CDATA[International Game Technology]]></category>
		<category><![CDATA[Netflix Inc.]]></category>
		<category><![CDATA[NFLX]]></category>
		<category><![CDATA[RadioShack Corporation]]></category>
		<category><![CDATA[RSH]]></category>
		<category><![CDATA[SOHU]]></category>
		<category><![CDATA[Sohu.com Inc]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72432</guid>
		<description><![CDATA[•    Netflix, Inc. (NASDAQ:NFLX) reported first quarter 2011 diluted earnings of $1.11 per share, surpassing the Zacks Consensus Estimate of $1.07 per share and 88.1% higher than the prior year quarter. Total revenue of $718.5 million increased 45.6% from the year ago quarter, coming in higher than the Zacks Consensus Estimate of $703.0 million •    Ameriprise Financial (NYSE:AMP) reported Q1 EPS of $1.35, ex-items, ahead of the Zacks Consensus Estimate of $1.33 per share •    RadioShack (NYSE:RSH) reported Q1 EPS of $0.33, in-line with the Zacks Consensus Estimate. Revenues for the quarter rose 2.1% year-over-year to $1.06 billion •    Huntington Bancshares Inc (NASDAQ:HBAN)  shares shed 1.7% after Nomura Securities cut its rating on the regional bank to Neutral from Buy •    Nomura upgraded U.S. Bancorp (NYSE:USB)  to Buy from a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/26/abx-company-news-for-april-26-2011-corporate-summary/72432/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(KGC) Kinross Gold Announces Investment in Ecuador Mine</title>
		<link>http://www.stockbloghub.com/2011/04/10/kgc-kinross-gold-announces-investment-in-ecuador-mine/70642</link>
		<comments>http://www.stockbloghub.com/2011/04/10/kgc-kinross-gold-announces-investment-in-ecuador-mine/70642#comments</comments>
		<pubDate>Mon, 11 Apr 2011 03:05:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70642</guid>
		<description><![CDATA[Canadian Mining company Kinross Gold Corporation (KGC) plans to invest $1.1 billion in its Fruita Del Norte project in Ecuador until 2016. The Fruita Del Norte Project is likely to produce 410,000 gold equivalent ounces on an average each year during its life. The life expectancy of the mine is about 16 years. According to Kinross, the project possesses proven and probable mineral reserves of estimated 6.8 million ounces of gold and 9.1 million ounces of silver. Ecuador, which is an OPEC oil producing country, intends to diversify its economy by encouraging mining. Ecuador thus expects that five projects will be signed in the next few months. The investment in these projects is expected to be around $7 billion. Kinross, along with Canadian junior Ecuacorriente and U.S.-based International Resources will ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/10/kgc-kinross-gold-announces-investment-in-ecuador-mine/70642/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(NEM) Newmont Mining Corporation Acquires Fronteer Gold</title>
		<link>http://www.stockbloghub.com/2011/04/09/nem-newmont-mining-corporation-acquires-fronteer-gold/70917</link>
		<comments>http://www.stockbloghub.com/2011/04/09/nem-newmont-mining-corporation-acquires-fronteer-gold/70917#comments</comments>
		<pubDate>Sat, 09 Apr 2011 19:19:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[FRG]]></category>
		<category><![CDATA[Fronteer Development Group Inc]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70917</guid>
		<description><![CDATA[Newmont Mining Corporation (NEM) completed the acquisition of Vancouver-based Fronteer Gold Inc. (FRG) for $2.3 billion, further expanding its resource base in North America. As per the agreement, Newmont agreed to give Fronteer’s shareholders $14.13 in cash and one share in the new company Pilot Gold for each share they currently hold. The new company will own some of Fronteer’s assets in Nevada, Turkey and Peru. Newmont and Fronteer will own 80.1% and 19.9%, respectively, in Pilot Gold following the buyout, which will have a capital of approximately $10.1 million. Fronteer Gold currently owns as many as three projects in Nevada, which is close to Newmont’s current operations. Among these, Long-Canyon mining project is in the nascent stage and is situated about 100 miles from Newmont’s Nevada operations; the second ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/09/nem-newmont-mining-corporation-acquires-fronteer-gold/70917/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(GG) Goldcorp Corporation Announces Expansion Plans for Cerro Gold Deposit</title>
		<link>http://www.stockbloghub.com/2011/04/07/gg-goldcorp-corporation-announces-expansion-plans-for-cerro-gold-deposit/70799</link>
		<comments>http://www.stockbloghub.com/2011/04/07/gg-goldcorp-corporation-announces-expansion-plans-for-cerro-gold-deposit/70799#comments</comments>
		<pubDate>Thu, 07 Apr 2011 14:13:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70799</guid>
		<description><![CDATA[Goldcorp Corp. (GG) announced expansion plans for the Cerro Negro epithermal gold deposit, acquired from Andean Resources in December 2010. The project is located in the southern Argentinean province of Santa Cruz at an elevation of approximately 600 meters above sea level. In this regard, Goldcorp expects the average annual gold production during the first 5 years to be approximately 550,000 ounces at average cash costs of less than $200 per ounce of gold, resulting in the doubling of the plant throughput to 4,000 tonnes per day. Based on the existing reserves, the total mine life is estimated to be 12 years and the annual production is expected to average 340,000 ounces per year at cash costs of approximately $290 per ounce. The mining of multiple veins creates significant flexibility ]]></description>
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		<title>(GG) Goldcorp Plans Organic Growth</title>
		<link>http://www.stockbloghub.com/2011/03/31/gg-goldcorp-plans-organic-growth/70061</link>
		<comments>http://www.stockbloghub.com/2011/03/31/gg-goldcorp-plans-organic-growth/70061#comments</comments>
		<pubDate>Thu, 31 Mar 2011 14:39:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70061</guid>
		<description><![CDATA[Costs are becoming a growing concern for gold miners across the world. In this regard, Goldcorp Inc. (GG) has decided to set aside its acquisition strategies for the time being and concentrate only on developing its large pipeline of projects in America. In the previous year itself, Goldcorp had pursued about half-dozen deals. In September 2010, Goldcorp agreed to buy gold miner Andean Resources Ltd for C$3.6 billion ($3.2 billion), trumping a rival bid from Eldorado Gold Corporation. Before this, in January, 2010, Goldcorp signed agreement to acquire Xstrata&#8217;s 70% interest in the El Morro copper/gold project in Chile through an agreement with midtier miner New Gold, the company that owns the remaining 30%. Though the acquisitions are no longer a priority for Goldcorp in 2011, it will not shy ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(GG) Goldcorp Announces Increase in Dividend</title>
		<link>http://www.stockbloghub.com/2011/03/28/gg-goldcorp-announces-increase-in-dividend/68264</link>
		<comments>http://www.stockbloghub.com/2011/03/28/gg-goldcorp-announces-increase-in-dividend/68264#comments</comments>
		<pubDate>Mon, 28 Mar 2011 21:27:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68264</guid>
		<description><![CDATA[Goldcorp Inc. (GG) increased its monthly dividend for 2011 to $0.034 per share, an 11% increase over the prior dividend.  The dividend is payable on March 25, 2011 to shareholders of record as of March 17, 2011. Goldcorp has been paying a monthly dividend to its shareholders since 2003. The dividend increase was attributable to strong fourth-quarter 2010 earnings that the company announced in February. During the quarter, reported net earnings were $331.8 million compared with $66.7 million in the fourth quarter of 2009. Adjusted net earnings were $417.1 million, or 57 cents per share compared with $182.7 million or 25 cents per share in the fourth quarter of 2009. Results exceeded the Zacks Consensus Estimate of 49 cents. The increase in results was driven by higher gold and silver ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/28/gg-goldcorp-announces-increase-in-dividend/68264/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(GG) Goldcorp Fourth Quarter 2010 Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/02/23/gg-goldcorp-fourth-quarter-2010-earnings-preview-2/67442</link>
		<comments>http://www.stockbloghub.com/2011/02/23/gg-goldcorp-fourth-quarter-2010-earnings-preview-2/67442#comments</comments>
		<pubDate>Thu, 24 Feb 2011 05:49:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67442</guid>
		<description><![CDATA[Goldcorp Inc. (GG) is slated to release its fourth-quarter 2010 results on Friday, February 25 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is 49 cents, representing a significant annualized growth of 95.75%. With respect to earnings surprise, over the trailing four quarters, Goldcorp has outperformed the Zacks Consensus Estimate in two out of the four quarters. The average earnings surprise was a negative 4.93%, implying that the company has underperformed the Zacks Consensus Estimate by the same magnitude over the last four quarters. Third-Quarter Performance On October 27, Goldcorp reported its third-quarter fiscal 2010 results. Reported net earnings in the quarter were $466.5 million compared with $114.2 million in the third quarter of 2009. Adjusted net earnings were $231.5 million or $0.31 per share ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/23/gg-goldcorp-fourth-quarter-2010-earnings-preview-2/67442/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(GG) Goldcorp Fourth Quarter 2010 Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/02/23/gg-goldcorp-fourth-quarter-2010-earnings-preview/67441</link>
		<comments>http://www.stockbloghub.com/2011/02/23/gg-goldcorp-fourth-quarter-2010-earnings-preview/67441#comments</comments>
		<pubDate>Wed, 23 Feb 2011 23:33:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67441</guid>
		<description><![CDATA[Goldcorp Inc. (GG) is slated to release its fourth-quarter 2010 results on Friday, February 25 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is 49 cents, representing a significant annualized growth of 95.75%. With respect to earnings surprise, over the trailing four quarters, Goldcorp has outperformed the Zacks Consensus Estimate in two out of the four quarters. The average earnings surprise was a negative 4.93%, implying that the company has underperformed the Zacks Consensus Estimate by the same magnitude over the last four quarters. Third-Quarter Performance On October 27, Goldcorp reported its third-quarter fiscal 2010 results. Reported net earnings in the quarter were $466.5 million compared with $114.2 million in the third quarter of 2009. Adjusted net earnings were $231.5 million or $0.31 per share ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/23/gg-goldcorp-fourth-quarter-2010-earnings-preview/67441/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ABX) Barrick Gold Corporation Fourth Quarter 2010 Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/02/15/abx-barrick-gold-corporation-fourth-quarter-2010-earnings-preview/66983</link>
		<comments>http://www.stockbloghub.com/2011/02/15/abx-barrick-gold-corporation-fourth-quarter-2010-earnings-preview/66983#comments</comments>
		<pubDate>Tue, 15 Feb 2011 22:49:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66983</guid>
		<description><![CDATA[Barrick Gold Corporation (ABX) is slated to release its fourth quarter 2010 results on Thursday, February 17 before the market opens. The current Zacks Consensus Estimate for the fourth quarter is 85 cents, representing a significant annualized growth of 41.39%. With respect to earnings surprise, over the trailing four quarters, Barrick Gold has outperformed the Zacks Consensus Estimate in all the four quarters. The average earnings surprise was a positive 9.74%, implying that the company has outdone the Zacks Consensus Estimate by the same magnitude over the last four quarters. Third-Quarter Performance On October 28, Barrick Gold reported its third quarter fiscal 2010 results.  Reported net income was a record $837 million or 85 cents per share. Adjusted net income rose 75% year over year to $829 million or 84 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/15/abx-barrick-gold-corporation-fourth-quarter-2010-earnings-preview/66983/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(GG) Goldcorp&#8217;s Gold Reserves Increase for Seventh Consecutive Year</title>
		<link>http://www.stockbloghub.com/2011/02/10/gg-goldcorps-gold-reserves-increase-for-seventh-consecutive-year/66711</link>
		<comments>http://www.stockbloghub.com/2011/02/10/gg-goldcorps-gold-reserves-increase-for-seventh-consecutive-year/66711#comments</comments>
		<pubDate>Thu, 10 Feb 2011 17:48:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66711</guid>
		<description><![CDATA[Goldcorp Inc.’s (GG) gold reserves once again increased for the seventh consecutive year. Gold reserves surged 23% to 60.1 million ounces in fiscal 2010. Measured and indicated gold resources also climbed 13% to 25.7 million ounces in 2010, following recent discoveries at its gold projects in Argentina and Canada. In order to further increase its reserves and resources, add new discoveries and expand existing discoveries, Goldcorp intends to invest an additional $170 million in fiscal 2011. The company also reported one of the largest silver holdings in the sector with proven and probable silver reserves and measured and indicated silver resources of 1.3 billion ounces and 457.6 million ounces, respectively. In February 2011, Goldcorp sold its 38.6 million in Osisko Mining Corporation (Osisko), displaying its continued success in redeploying internal ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/10/gg-goldcorps-gold-reserves-increase-for-seventh-consecutive-year/66711/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>(GOLD) China Develops Inflation-Fueled Love Affair with Gold</title>
		<link>http://www.stockbloghub.com/2011/01/01/gold-china-develops-inflation-fueled-love-affair-with-gold/64290</link>
		<comments>http://www.stockbloghub.com/2011/01/01/gold-china-develops-inflation-fueled-love-affair-with-gold/64290#comments</comments>
		<pubDate>Sat, 01 Jan 2011 21:29:25 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[GDX]]></category>
		<category><![CDATA[GLD]]></category>
		<category><![CDATA[Market Vectors Gold Miners ETF]]></category>
		<category><![CDATA[Randgold Resources Limited]]></category>
		<category><![CDATA[SPDR Gold Shares]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=64290</guid>
		<description><![CDATA[China’s Gold Rush by Tony D’Altorio, Investment U Research Thursday, December 30, 2010 The United States has become an exporting nation once again. But this time, it’s exporting inflation thanks to Ben Bernanke and his QE1 and QE2. The countries affected the most, naturally, are those pegged to the U.S. dollar. Like China. A weakened dollar means pricier commodities across the board. And that inevitably means food and fuel prices going up as well. Chinese government authorities have tackled rising inflation by raising interest rates twice already in the past few months. And they’ll likely have to hike them again in the new year. If not, their other choice is elevating their currency value, something the U.S. government has wanted for a while. Funny how it works out that way… ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/01/01/gold-china-develops-inflation-fueled-love-affair-with-gold/64290/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(GG) Goldcorp Acquires Andean Resources</title>
		<link>http://www.stockbloghub.com/2010/12/30/gg-goldcorp-acquires-andean-resources/64277</link>
		<comments>http://www.stockbloghub.com/2010/12/30/gg-goldcorp-acquires-andean-resources/64277#comments</comments>
		<pubDate>Thu, 30 Dec 2010 16:06:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=64277</guid>
		<description><![CDATA[Goldcorp Inc. (GG) announced that it has completed the previously announced acquisition of Sydney, Australia-based Andean Resources Limited (AND.AX) for approximately C$3.6 billion ($3.4 billion). The acquisition brings to Goldcorp the Cerro Negro Gold project, an advanced-stage, high-grade vein system with substantial expansion potential adding to Goldcorp’s peer-leading low cost growth pipeline. Earlier in September, Goldcorp had entered into an agreement to acquire all the outstanding shares of Andean Resources &#8211; a mineral resources company which engages in the acquisition, exploration,and development of precious metals properties in Argentina. It explores for gold and silver deposits. Andean’s principal asset, the Cerro Negro gold project in Argentina is an advanced-stage, high-grade vein system across an area of 83 square miles. It has reported indicated resources of 2.54 million ounces of gold and ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(KGC) Kinross Gold Earnings Report Beats Estimates</title>
		<link>http://www.stockbloghub.com/2010/11/17/kgc-kinross-gold-earnings-report-beats-estimates/59414</link>
		<comments>http://www.stockbloghub.com/2010/11/17/kgc-kinross-gold-earnings-report-beats-estimates/59414#comments</comments>
		<pubDate>Thu, 18 Nov 2010 05:03:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59414</guid>
		<description><![CDATA[Gold miner Kinross Gold Corporation (KGC) recorded net income of $121.6 million or 17 cents per share in the third quarter of 2010, significantly higher than last year’s $1.7 million or zero cents per share and surpassed the Zacks Consensus Estimate of 16 cents per share. Including one-time charges, the company earned $123.6 million or 16 cents per share during the quarter. The results of the company were positively impacted due to the acquisition of the West African company, Red Back Mining Inc., in the third quarter of 2010.  Due to this acquisition, Red Backs’ Chirano Gold Project in Ghana and the Tasiast Gold Mine in Mauritania were added to Kinross’ portfolio. Quarterly revenues leaped 26% to $735.5 million due to an increase of 24.5% in average realized gold price ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/17/kgc-kinross-gold-earnings-report-beats-estimates/59414/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(NEM) Add Strong Emerging Market Malaysia To Your Global Portfolio</title>
		<link>http://www.stockbloghub.com/2010/11/17/nem-investing-in-malaysia-five-reasons-to-add-this-strong-emerging-market-to-your-global-portfolio/55706</link>
		<comments>http://www.stockbloghub.com/2010/11/17/nem-investing-in-malaysia-five-reasons-to-add-this-strong-emerging-market-to-your-global-portfolio/55706#comments</comments>
		<pubDate>Thu, 18 Nov 2010 05:00:27 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[EWM]]></category>
		<category><![CDATA[iShares MSCI Malaysia Index]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55706</guid>
		<description><![CDATA[by Carl Delfeld, Investment U’s Contributing Editor Tuesday, October 19, 2010: Issue #1369 You ready for the next leg of the “Carl Delfeld World Tour?” In previous columns, I’ve profiled the investment prospects in countries like Argentina, Indonesia and two weeks ago, we hit Singapore. Today, we head north from Singapore to another promising emerging market nation – Malaysia. The Southeast Asian country boasts many attributes similar to Singapore. In fact, the two countries’ relationship goes deeper than just being excellent places to send your investment dollars. Having once had a checkered relationship (Singapore split from Malaysia and gained its independence in 1965), there are now several overlapping traits between the two – a kind of “Malaysiapore,” if you will. With a surface area of just over 127,000 square miles, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/17/nem-investing-in-malaysia-five-reasons-to-add-this-strong-emerging-market-to-your-global-portfolio/55706/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(GOLD) Gold Rush Begins For Emerging Markets</title>
		<link>http://www.stockbloghub.com/2010/10/12/gold-gold-rush-begins-for-emerging-markets/54734</link>
		<comments>http://www.stockbloghub.com/2010/10/12/gold-gold-rush-begins-for-emerging-markets/54734#comments</comments>
		<pubDate>Wed, 13 Oct 2010 02:21:20 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[GDX]]></category>
		<category><![CDATA[GLD]]></category>
		<category><![CDATA[Market Vectors Gold Miners ETF]]></category>
		<category><![CDATA[Randgold Resources Limited]]></category>
		<category><![CDATA[SPDR Gold Shares]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54734</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Monday, October 11, 2010 Ten years ago, the western world’s central banks were selling gold from their vaults just as fast as they could… at a rate equivalent to 10% of annual demand, about 442 tons. They didn’t see any further need for such an ancient symbol of monetary stability in the 21st century. After all, it paid no yield; it just sat there Incorporatedurring storage and insurance costs along the way. So they opted instead to fill their vaults with “safe” sovereign debt, with its yields and interest. Fast forward to today, and that same investment looks far from reassuring. And central bankers are finally beginning to see the light. They now understand the value of gold, a store of value for 2,000 ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(GG) Goldcorp Heading for Australian Gold Miner Andean Resources</title>
		<link>http://www.stockbloghub.com/2010/09/08/gg-goldcorp-heading-for-australian-gold-miner-andean-resources/50670</link>
		<comments>http://www.stockbloghub.com/2010/09/08/gg-goldcorp-heading-for-australian-gold-miner-andean-resources/50670#comments</comments>
		<pubDate>Thu, 09 Sep 2010 00:28:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=50670</guid>
		<description><![CDATA[Goldcorp Inc. (GG), the leading Canadian gold producer is acquiring the Australian gold miner Andean Resources Ltd for a total consideration of C$3.6 billion (US $3.4 billion) along with its key assets including Cerro Negro gold project in Argentina. Currently, the company has resources of 2.54 million ounces of gold and 23.56 million ounces of silver. Goldcorp believes that the acquisition of Cerro Negro that has substantial expansion potential would compliment its high-growth and a low-cost production profile. The Deal nitty-gritty Pursuant to the deal, each Andean shareholder would receive 0.14 shares of Goldcorp or cash payment of C$6.50, subject to a maximum cash consideration of C$1 billion for each Andean share held. Andean shareholders will have the option to elect between cash or shares or any combination of cash ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GG) Goldcorp Heading for Andean Resources</title>
		<link>http://www.stockbloghub.com/2010/09/03/gg-goldcorp-heading-for-andean-resources/50285</link>
		<comments>http://www.stockbloghub.com/2010/09/03/gg-goldcorp-heading-for-andean-resources/50285#comments</comments>
		<pubDate>Sat, 04 Sep 2010 06:07:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=50285</guid>
		<description><![CDATA[Goldcorp Inc. (GG), the leading Canadian gold producer is acquiring the Australian gold miner Andean Resources Ltd for a total consideration of C$3.6 billion (US $3.4 billion) along with its key assets including Cerro Negro gold project in Argentina. Currently, the company has resources of 2.54 million ounces of gold and 23.56 million ounces of silver. Goldcorp believes that the acquisition of Cerro Negro that has substantial expansion potential would compliment its high-growth and a low-cost production profile. The Deal nitty-gritty Pursuant to the deal, each Andean shareholder would receive 0.14 shares of Goldcorp or cash payment of C$6.50, subject to a maximum cash consideration of C$1 billion for each Andean share held. Andean shareholders will have the option to elect between cash or shares or any combination of cash ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(AU) Under Armour &#8211; Second Quarter Earnings Blast 133% Above Expectations</title>
		<link>http://www.stockbloghub.com/2010/08/03/au-under-armour-second-quarter-earnings-blast-133-above-expectations/46192</link>
		<comments>http://www.stockbloghub.com/2010/08/03/au-under-armour-second-quarter-earnings-blast-133-above-expectations/46192#comments</comments>
		<pubDate>Tue, 03 Aug 2010 16:15:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[AngloGold Ashanti Limited]]></category>
		<category><![CDATA[AU]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=46192</guid>
		<description><![CDATA[Under Armour, Inc. (AU) just hit a new multi-year high at $40 after reporting an awesome Q2 earnings surprise of 133% on July 27. This Zacks #1 rank stock now has an average earnings surprise of 53% over the last four quarters and a bullish next-year estimate projecting 21% earnings growth. Company Description Under Armour, Inc. develops and sells performance apparel and accessories for men, woman and youth primarily in the United States and Canada and internationally. The company was founded in 1996 and has a market cap of $1.93 billion. Retailers have seen their sales boom over the last year on the back of a stronger global economy and renewed consumer confidence. That trend helped Under Armour report better than expected Q2 results on July 26 that easily beat ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AEM) Agnico-Eagle Mines Limited Expands</title>
		<link>http://www.stockbloghub.com/2010/05/24/aem-agnico-eagle-mines-limited-expands/37674</link>
		<comments>http://www.stockbloghub.com/2010/05/24/aem-agnico-eagle-mines-limited-expands/37674#comments</comments>
		<pubDate>Tue, 25 May 2010 03:37:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37674</guid>
		<description><![CDATA[Canadian gold producer Agnico-Eagle Mines Limited (AEM) has entered into an agreement with Comaplex Minerals Corporation, a company exploring and developing mineral properties in Canada, to acquire the remaining 87.7% shares of Comaplex. Agnico already owns 12.3% stake in Comaplex. Under the terms of the transaction, each shareholder of Comaplex other than Agnico-Eagle will receive 0.1576 of an Agnico-Eagle share for each Co maplex share. Additionally, at closing, each Comaplex shareholder other than Agnico-Eagle and Perfora Investments S.a.r.l. will receive one common share of a newly formed, wholly owned, subsidiary of Comaplex in respect of each Comaplex share. The total value to be received by Comaplex shareholders, other than Agnico-Eagle and Perfora, was estimated at $9.95 (C$10.32) per Comaplex share. Post acquisition, Agnico would own a 100% interest in the advanced ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/24/aem-agnico-eagle-mines-limited-expands/37674/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(KGC) Kinross Gold and Barrick Gold Strike Deal</title>
		<link>http://www.stockbloghub.com/2010/04/01/kgc-kinross-gold-and-barrick-gold-strike-deal/32575</link>
		<comments>http://www.stockbloghub.com/2010/04/01/kgc-kinross-gold-and-barrick-gold-strike-deal/32575#comments</comments>
		<pubDate>Thu, 01 Apr 2010 16:40:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32575</guid>
		<description><![CDATA[Canadian gold mining company Kinross Gold Corporation (KGC) has sold its 25% interest in the Cerro Casale project in Chile to larger rival Barrick Gold Corporation (ABX) as announced on February 17, 2010. With a 75% interest, Barrick now has control over one of the world&#8217;s largest undeveloped gold-copper deposits. Kinross is left with a 25% stake in the project. With 23.2 million oz of gold reserves and 5.8 billion pounds of copper, Cerro Casale has an expected mine life of about 20 years. Barrick’s 75% share of average annual production is anticipated to be about 750,000?825,000 oz of gold in its first five full years of operation. Based on mine life, the company’s share of average annual production is anticipated to be about 600,000?650,000 oz of gold. Barrick’s production ]]></description>
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		<title>(ABX) Barrick Gold Corporation Raises $834 From Spinoff</title>
		<link>http://www.stockbloghub.com/2010/03/27/abx-barrick-gold-corporation-raises-834-from-spinoff/31995</link>
		<comments>http://www.stockbloghub.com/2010/03/27/abx-barrick-gold-corporation-raises-834-from-spinoff/31995#comments</comments>
		<pubDate>Sat, 27 Mar 2010 20:53:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[Randgold Resources Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31995</guid>
		<description><![CDATA[Barrick Gold Corporation (ABX) has raised about $834 million from spinning off African Barrick Gold plc through an initial public offering. Barrick has offered about 101 million shares priced at $8.8 (575 pence), at the lower end of the expected price range of $8.6 to $10.1(550 pence to 650 pence). Toronto-based Barrick has divested about 25% of the new African Barrick Gold and has retained the rest. The company will continue to hold a 75% equity interest in African Barrick, or about 303 million ordinary shares. Through this spin-off, Barrick has removed some of its high cost mines including the Bulyanhulu, Buzwagi, North Mara and Tulawaka mines in Tanzania as well as a number of exploration properties and projects. African Barrick Gold will start with an initial cash balance of ]]></description>
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