One World Ventures, Inc. (PINKSHEETS: OWVI), a provider of prepaid cards, is pleased to announce that it has negotiated with our "Sponsor Bank" to issue the prepaid 1World Card in the United States. Under the Agreement, our partner bank will be the issuing bank, where they have applied for a BIN and are waiting for regulatory approval. While regulatory approval is in process the company will work…
(WER-TSX.V) VANCOUVER, Oct. 7 /PRNewswire-FirstCall/ - Weststar Resources Corp. (TSX-V: WER, FKFRT: HN3) (the "Company") is pleased to announce that it has commenced a geophysical survey and sampling program on both the Golden Fox and McKinnon properties, located in the Yukon, Canada. The Golden Fox claims consist of 50 claim units totaling approximately 2,500 hectares, and are situated on the eastern…
By David Morrill, Contra Costa Times, Walnut Creek, Calif. Oct. 7--As gold prices rose to record highs Tuesday, many Bay Area jewelers held their collective breath that customers might shy away from purchases of the precious metal if they stay up. "It effects us because we have to raise our prices," said Tina Pencovic, who owns Son of a Jeweler in Fremont and Carlyle Jeweler in San Mateo. "I…
JERSEY CITY, N.J., Oct. 7 /PRNewswire-FirstCall/ -- Pershing LLC, a BNY Mellon company, announced today that it has added Franklin Templeton Investments and MFS Investment Management to FundVestA, Pershing's no-transaction-fee mutual fund platform. Mutual funds from these financial organizations are now available to Pershing's introducing broker-dealer customers and the clients they serve, and to…
By Chatrudee Theparat, Bangkok Post, Thailand Oct. 5--Thailand's competitiveness should definitely increase with a boost from the government's Thai Khem Kaeng stimulus programme covering more than 6,000 development projects. But the degree of the increase is still debatable, as most of the 1.43 trillion baht in funds over the next three years will go to infrastructure development or construction…
Oro Gold Resources Ltd. ("Oro Gold" or the "Company") (TSX VENTURE: OGR) announced today that a third diamond drill rig has been mobilized to test developing gold targets at the Company's Trinidad Gold project in Sinaloa State, Mexico. The third rig allows the Company to accelerate step-out drilling with the objectives of: 1) expanding high-grade gold zones at the Taunus, Bocas and Colinas targets…
Bralorne Gold Mines Ltd. ("The Company") (TSX VENTURE: BPM)(PINK SHEETS: BPMSF)(BERLIN: GV7)(FRANKFURT: GV7)(WKN: A0B75M) is pleased to announce that it has received the necessary permit approval from the Ministry of Energy, Mines and Petroleum Resources to commence new developments located on the unexplored Bralorne Pioneer gap. Mobilization will commence immediately by building an access roadway…
CALGARY, Oct. 7 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") announced today that it has posted an updated corporate presentation on the Corporation's website at www.hawkexploration.ca . The corporate presentation can be located under the Investor Information - Presentation page of the website. Hawk is a newly formed company engaged in the exploration, development and production of…
EL PASO, Texas, Oct. 7 /PRNewswire-FirstCall/ -- Helen of Troy Limited , designer, developer and worldwide marketer of brand-name personal care and household consumer products, today reported increased net earnings and record sales for the second quarter and six months ended August 31, 2009. Second quarter sales increased 5.6 percent to $162,193,000 versus sales of $153,543,000 in the same period…
Credit Suisse has announced that it is launching a gold exchange traded fund, or ETF, called Gold Xmtch ETF, in US dollar that can be hedged in Swiss franc, and euro. The new Gold Xmtch ETF fund invests in physical gold without using derivative instruments. The investment objective is to replicate the return from gold on the spot market. The two funds Xmtch II on Gold hedged Swiss franc and Xmtch…
French nuclear engineering company Areva and Kazatomprom, a state-owned nuclear holding company in Kazakhstan, have signed an agreement to create a fuel marketing joint venture called Ifastar. Under the terms of the agreement, the newly created Paris-based Ifastar will be owned jointly by Areva with 51% interest and Kazatomprom with 49% interest. The mission of Ifastar is to perform a feasibility…
By Kirsten Valle, The Charlotte Observer, N.C. Oct. 7--Internet marketing company Red Ventures is moving from Charlotte to Lancaster County, S.C., where it plans to add 1,000 jobs over the next five to seven years, company officials announced Tuesday. The company, which has steadily added employees even during the recession, is leaving its Ballantyne-area headquarters in mid-November for a 57,000…
International Wayside Gold Mines Ltd. (TSX VENTURE: WYG)(FRANKFURT: IWUB) ("Wayside", the "Company") announced today that it has received more results from its infill diamond drill program in the Bonanza Ledge Zone on Barkerville Mountain (Table 1). The proposed 17 hole infill diamond drill program in the Bonanza Ledge Zone will upgrade its existing NI 43-101 resource from an inferred to indicated…
Conceptus, a provider of Essure permanent birth control system, has acquired Ovion intellectual property rights from American Medical Systems Holdings for a cash purchase price of $23.6 million. The intellectual property rights acquired in the transaction include all patents and intellectual property associated with the Ovion business acquired by American Medical Systems Holdings (AMS) in 2005. In…
By CHRIS FLOOD GOLD PRICES hit a new record above $1,040 an ounce yesterday as the dollar lost ground following reports that the US currency's critical role in global oil trading was coming under scrutiny. Gold reached a record $1,043.45, racing past its previous peak of $1,030.80 set last March. The catalyst was a report in the Independent newspaper in London that Gulf Arab states, along with…
WEAK DOLLAR SENDS GOLD TO RECORD HIGH THE price of gold has hit a new all-time high of $1,043.77 per ounce after a fall in the value of the US dollar made metals more attractive to investors. Copper prices also rose above $6,000 a tonne, as the weaker dollar made metals cheaper for non-US investors. Analysts said the price of gold could rise still further if the dollar remained weak. (c) 2009 Belfast…
Quite a day then for asset prices. By the close of play last night, the gold price had hit an all-time high, oil was up sharply too, the dollar had suffered a corresponding fall, and the FTSE 100 index had risen 2% despite some decidedly patchy domestic economic news. Underlying all of those asset price movements was a common thread: a report in The Independent yesterday by Robert Fisk which revealed…
By Kirsten Valle, The Charlotte Observer, N.C. Oct. 6--Internet-marketing company Red Ventures is moving to Lancaster County, S.C., where it plans to add 1,000 jobs over the next five to seven years, company officials announced today. The company, which has steadily added employees even during the recession, is leaving its Ballantyne-area headquarters in mid-November for a 57,000-square-foot building…
By DAVID B. CARUSO NEW YORK - A political power broker and an investment executive who advised government officials in several states have pleaded guilty to securities fraud in connection with a "pay-to-play" scandal at New York's public pension fund. Raymond Harding, the one-time head of New York's now-defunct Liberal Party, entered his guilty plea Tuesday in Manhattan. He had been charged in April…
By SARA LEPRO NEW YORK - Gold prices have surged to a new all-time high, showing no signs of cooling down as investors seek protection against inflation amid a falling dollar. Gold for December delivery is up $21.19 at $1,039.70 an ounce, surpassing its previous all-time high of $1,033.90 hit in March 2008. Earlier, prices rose to as high as $1,045. The advance comes as the dollar falls to a 14…
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