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George Soros dumps $800m stake in gold in first quarter
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by Himanshu Singh on May 17, 2011 at 05:30
Gold and precious metals: today’s 10 top stories
- Billionaire financier George Soros has dumped almost his entire $800 million stake in bullion in the first quarter
- John Kaiser, editor of Kaiser Research Online, thinks that $1,200-plus gold is new normal
- De Beers has appointed Philippe Mellier as chief executive
- Ark Mines looks to expand gold copper exploration footprint in Lachlan Fold Belt
- Platinum price set to hit $2,000 within six months says industrials group Johnson Matthey
- CITIC Group and partners agreed to buy Gold One International for about A$444 million
- Kentor Gold to kick off exploration at recently acquired Jervois copper project
- Demand for Iridium more than quadrupled last year causing prices to surge to their current levels above $1,000 a troy ounce
- Gammon Gold changes name to AuRico Gold
- China auctions off 10 kg gold coin for $1.18 million
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- George Soros
- John Kaiser
- De Beers
- Ark Mines
- Platinum
- CITIC Group
- Kentor Gold
- Iridium
- Gammon Gold
- China
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