Start your own group! All DESIGN 21 members have the ability to create organizations.

Create A Group
Tana Goldfields PLC

Tana Goldfields PLC

Well-being, Communication, Community

8 Supporters

  • Gold Stocks: The Great Contrarian Trade Of 2014?

    Environment, Environmental Design

    Indian-rupee_177_

    http://www.forbes.com/sites/jamesgruber/2013/12/14/gold-stocks-trade-of-2014/

    In my experience, one of the singular best investment strategies is to buy assets/asset classes which are most reviled by investors. By reviled, I mean assets where a mere mention of you wanting to invest in them generates nervous sniggers among others, if not howling laughter. Where upon their mention, people hand you business cards, not their own but of nearby psychiatric centres. And where even friends start to doubt your sanity.

    Examples include the Indian rupee, in free fall just four months ago on QE taper speculation and current account issues. It’s up 12% versus the U.S. dollar since bottoming

  • http://www.behance.net/gallery/Peru-officials-look-to-restart-controversial-mining/11081159

    President Ollanta Humala last year was forced to suspend the development of the $4.8-billion Conga gold mining project proposed by Colorado-based Newmont Mining and declare a state of emergency after residents in northern Peru's Cajamarca region blocked roads and clashed with police at the site.

    The $1-billion Tia Maria copper mining project proposed near Arequipa by Arizona-based Southern Copper was halted in 2011 after clashes between residents and police left three dead.

    But at a mining convention in Arequipa this week, Jorge Merino, the country’s minister of energy and mines, said both projects would soon resume.

    Merino said officials with Newmont, which for decades has operated the Yanacocha gold mine near Cajamarca, and members of local communities were cooperating on the construction of reservoirs. Residents’ fears that Yanacocha had contaminated the local water supply, which Newmont denies, had sparked the protests.

    “Relations between [Newmont] and local communities are getting better,” Merino said.

    The two projects and others on the drawing board are important for the royalties and taxes they could generate for the government and the estimated 1 million new jobs they would create during the next three years, he said.

    Mining opponent and former presidential candidate Marco Arana said Thursday in an interview that many members of the communities near the two proje...

  • TANA GOLDFIELDS Articles 10 Tips How to Avoid Gold Investment Scams

    Before you invest a single hard earned penny, please read our tips on how to avoid common precious metals scams.

    1. Research Each Company Thoroughly

    Many of the common gold investment scams which are found today involve companies which are relatively new, and were started simply because of the high price and demand of precious metals today.

    1. Check with Your Local Better Business Bureau (BBB)

    If you are dealing with a local broker or company, check with your Better Business Bureau for any complaints or legal action taken against the company. If you are planning a gold investment in India then this step is not effective, and other methods of research may be needed.

    1. Check the Online Gold Investment Forums

    If you want to avoid gold investment scams, some of the best places to research potential companies and investments are the online forums about investing in gold and other precious metals. Many forums have posts concerning companies that are scams, so you can avoid them.

    1. Never Travel Out Of the United States to Purchase Bullion

    When you are considering all of your gold options, never travel outside of the United States with large amounts of money to purchase bullion. Some scams lure investors to foreign countries, where the investor may be robbed or even killed.

    1. Use the Internet with Common Sense

    Online offers for gold investment can be legitimate or they can involve scams. Use common sense and...

  • 1

    The liquid funds and debt funds have started giving negative returns over the last couple of weeks after Reserve Bank of India intervened and tightened the liquidity, personal finance expert, Feroze Azeez, Anand Rathi Private Wealth Management said.

    In an interview to CNBC-TV18, Feroze Azeez, Anand Rathi Private Wealth Management shared his views on how one should approach gold and mutual fund from a long-term investment perspective.

    Should you invest in fixed maturity plans now?

    Below is the verbatim transcript of Azeez's interview with CNBC-TV18.

    Caller Q: I have been investing in mutual funds with the aim of earning decent returns. I have invested about Rs 5 lakh with a two years horizon. However the current scenario is bad and the liquid debt fund is giving negative returns. What should I do now?

    A: As you pointed out that liquid funds and debt funds have also started giving negative returns over the last couple of weeks after Reserve Bank of India intervened and tightened the liquidity.

    If you have Rs 5 lakh to invest and the time horizon is about two years then you should stay away from equity, still debt will have some volatility but to my mind liquid fund have given negative returns, not because of inherent nature but there was a change in the method of computation of the net asset value (NAV). I do not think it is going to be a very long phenomena, it is going to be short-lived. Therefore, you should not be too worried as long as your timeframe is two years.

    ...
  • Govt working on investment options to check gold buying: Raghuram Rajan

    CHENNAI: In a bid to bring down import of gold, the government is working on more attractive investment options to dissuade people from buying the metal, a senior Finance Ministry official said today.

    "We should create more attractive instruments which provide people an alternative source of investment than gold. And I think, we are working on those," said Chief Economic Advisor in the Finance Ministry Raghuram Rajan at a function here.

    The government recently launched inflation indexed bonds with an aim to ensure better returns to inventors.

    "As the economy starts doing better, more of these instruments will look more attractive. Equities look more attractive, fixed income will look more attractive as inflation comes down. That will take off some of the hunger for gold as an investment," Rajan added.

    Both government and RBI have been taking steps to curtail import of gold, which is mainly responsible for India's high current account deficit (CAD). Referring to controversy over the poverty line figures, Rajan said: "I think the point really is wherever you draw that line what is important is large number of people have (already) crossed. Won't you want more of our people to have the resources to do what they want..."

    The Planning Commission's poverty line which says persons are not poor if their daily consumption of goods and services exceed Rs 33.33 in cities and Rs 27...

  • Caption_177_

    We’re proud to host the 23rd World Mining Congress & Expo in Montreal, Quebec, Canada, in 2013, and look forward to seeing you there. Montreal is truly a world-class destination and the perfect venue for our event as we look toward the future of mining.

    WMC 2013 will be hosted by a collaborative team including professors from five top Canadian universities: McGill University, University of British Columbia, Queen’s University, University of Toronto and University of Alberta, as well as the Canadian Institute of Mining, Metallurgy and Petroleum (CIM). Canada is built on a spectacular natural resources base and continues to thrive as a world leader in the extraction of many commodities. As well, in this time of global economic challenges, Canada and its provinces are laying the groundwork for continued growth and prosperity through an expansion of infrastructure, particularly in the energy and mineral industries.

    The theme for WMC 2013 is Mapping the Future: Advances in Mining Engineering, and an extensive technical program of leading-edge, peer-reviewed papers will provide the opportunity for high level knowledge sharing with peers. Over 1,500 people are expected to attend, enabling outstanding networking and the development of new business relationships. What’s more, the Mining Expo will showcase the very best suppliers and service providers supporting the global minerals industry, creating an unparalleled opportunity to hunt down the solutions to drive your busines...

  • The sharp fall in the gold price has spooked investors. Shares in mining groups have tumbled and questions have been raised about whether gold firms are past their sell-by date. Archipelago Resources has not been immune to these concerns. It produces gold in Indonesia and its stock has fallen 19 per cent in the past month from 60p to 481⁄2p. But at this level, the shares are cheap. Unlike most gold companies trading on AIM, Archipelago is already in production. It is one of the lowest-cost producers on the London market and it is about to start paying a dividend.

    FORTUNES: Boss Marcus Engelbrecht and Sulawesi island Archipelago joined AIM in 2003 just after securing the rights to a large mine, Toka Tindung, on the Indonesian island of Sulawesi. Early days were tricky as the firm struggled to get mining permits, but Rajawali Corporation took a major stake in 2009 and the company’s fortunes changed. Rajawali is an Indonesian conglomerate run by one of the country’s richest men, Peter Sondakh. Not surprisingly, he and his colleagues are well connected, and following their investment, doors opened and the firm won permission to start mining.

    Production began in April 2011. Four months later a new chief executive, Marcus Engelbrecht, was appointed and the company has been making good progress ever since. Engelbrecht, an Australian, has a wealth of experience, including more than 20 years at mining giant BHP Billiton. The rest of the management are old mining hands too a...

  • 1_177_

    We explain the best ways to invest in gold through funds, Exchange Traded Commodities (ETCs), bullion and coins. The first pure gold coins were struck by King Croesus of Lydia (present-day Turkey) during his reign between 560BC and 547BC - and gold coins have continued as legal tender ever since. Many years down the line, investors still love gold and the precious metal has proved a valuable winner in recent years. Going for gold: The precious metal has cooled after a spectacular rise, but investors say it is still one for the long-term. Update: Gold's recent run Gold hit record highs in September 2011, yet never went on to crack the $2,000 an ounce mark widely forecast at the time The spot gold price, which is typically measured in US dollars, hit a peak of $1,920 during that month. Some tipped it to soar beyond $2,000, but instead gold slipped and spent most of 2012 stuck in a range, shuttling back and forth between around $1,600 and $1,800. A sell-off since December 2012 has seen gold drop as share prices have climbed. The spot gold price stood at $1,571 or £1,040, at the start of this month. The dramatic falls of the past few days sent it down below £1,000 to £899 on 15 April. At $1,370 gold is down 29 per cent on the peak. However, gold bugs - as the precious metal's fans are called - say that bullion's recent dip has to be put into context. Look at a long-term chart of the gold price and you will see that even having lost almost a fifth from its peak, it is still up sub...

  • 1_177_

    We explain the best ways to invest in gold through funds, Exchange Traded Commodities (ETCs), bullion and coins. The first pure gold coins were struck by King Croesus of Lydia (present-day Turkey) during his reign between 560BC and 547BC - and gold coins have continued as legal tender ever since.

    Many years down the line, investors still love gold and the precious metal has proved a valuable winner in recent years.

    Going for gold: The precious metal has cooled after a spectacular rise, but investors say it is still one for the long-term.

    Update: Gold's recent run

    Gold hit record highs in September 2011, yet never went on to crack the $2,000 an ounce mark widely forecast at the time The spot gold price, which is typically measured in US dollars, hit a peak of $1,920 during that month. Some tipped it to soar beyond $2,000, but instead gold slipped and spent most of 2012 stuck in a range, shuttling back and forth between around $1,600 and $1,800.

    A sell-off since December 2012 has seen gold drop as share prices have climbed.

    The spot gold price stood at $1,571 or £1,040, at the start of this month. The dramatic falls of the past few days sent it down below £1,000 to £899 on 15 April.

    At $1,370 gold is down 29 per cent on the peak.

    However, gold bugs - as the precious metal's fans are called - say that bullion's recent dip has to be put into context. Look at a long-term chart of the gold price and you will see that even having lost almost a fifth from its peak, it ...

  • 1

    Tana Goldfields United Kingdom

    Scotgold Resources said the project remained viable and would generate a cashflow of more than £39m before tax over its first seven years of operation, at current gold prices.

    But it warned that the fluctuating price had dented market confidence.

    As a result, Scotgold said it had decided not to seek further funding for the scheme until conditions improved.

    A study has predicted that once operational, the mine could produce up of 20,200 ounces of gold a year.

    At current prices, that would give the Cononish project a rate of return of about 37% before tax and see the initial investment repaid within 26 months of the start of production.

    However, Scotgold said the market remained wary after gold prices fell by more than 9% at the beginning of April, the biggest drop for 30 years.

    Challenging market The depressed market has made the company reconsider plans to seek additional funds to bring the mine into full production.

    Executive chairman John Bentley said: "The recent sharp decline in the gold price has severely dented market confidence, albeit that there has been significant positive movement since the lows recorded on 15 April 2013.

    "The potential to raise the required equity financing for the project is considered to be severely challenging under current market conditions.

    "The board has thus decided to defer an immediate raise pending an improvement in market sentiment."

    Mr Bentley said the firm would now not b...

Tana Goldfields PLC

Join This Group

Tana Goldfields PLC

11 Church Road,Bookham
London, Surrey W1C 2AR
United Kingdom
442088196280

Contact Tana Goldfields PLC
http://tanagoldfieldsplc.blogspot.co.uk/

Moderator: Tana Wharley