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| | | ... only fell slightly perhaps reflecting some concern over the "extension's" impact on inflation. Well perhaps not perhaps. Gold - that great inflation hedge -- rose by 2.6% on the day to US$1,700.10 an ounce. And so did silver. But gold's ascent is also ... |
| | | | ... after the miner said it now holds a majority stake in Ivanhoe Mines, further extending its control over immense Mongolian gold and copper deposits. Shares in Lynas Corporation climbed 4.7 per cent, or six cents, to $1.345 after they came out of a trading ... |
| | | | ... local miners, also helped resources stocks. "We're seeing a few bright spots in there," Mr Bishop said. Australia's largest gold miner Newcrest Mining rose 2.1 per cent, or 72 cents, to $32.86 even after it reported a 20 per cent fall in quarterly production ... |
| | | | ... Intersuisse would take over Austock's securities business, putting offices in Sydney, Melbourne, Perth, Adelaide and the Gold Coast. Austock Securities and some of the overall group staff would be employed under the new entity, and any major contracts ... |
| | | | Australian shares have trimmed early gains after disappointing jobs data weighed on optimism driven by strong energy results and stronger-than-expected results from Goldman Sachs. Market-beating results from Woodside Petroleum and Santos pushed energy ... |
| | | | Ascalon Capital Managers (Asia) has formed a partnership with long-short equity manager Canning Park by taking a 30% stake in the business. Headquartered in Singapore but with an office in Sydney, Canning Park invests across a total of 10 Asian markets ... |
| | | | ... "pricing in internally inconsistent outcomes," the result of which would be further volatility for 2012. "Treasuries and gold are the hedges against things going wrong in the global economy; equities are the hedges against things going right. But now ... |
| | | | ... hopes of a European Central Bank intervention sparked a selloff in commodity markets, with oil plummeting 5.2 per cent and gold tumbling 4.5 per cent. At 1206 AEDT on Thursday, the benchmark S&P/ASX200 index was down 59.8 points, or 1.4 per cent, at ... |
| | | | Fund manager Franklin Templeton has made three new appointments including ING Investment Management's former head of distribution, Jim McKay, as its director of advisory services as the firm expands its staff numbers. In the new role, McKay will be ... |
| | | | ... Australian Federal Police (AFP) executed multiple search warrants yesterday in relation to an alleged investment scam on the Gold Coast. A number of premises and a call centre were targeted, with the centre closed down, under suspicion of operating a ... |
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