Friday, May 26, 2006

Gold Market News , Chart

Persian Gold agrees Iran gold option deal
May 26, 2006 12:36

Persian Gold, the Irish based AIM listed Iranian gold explorer, has agreed an option deal in the Chah-e-Zard gold project. This is located in Yazd, some 350 miles southeast of Tehran.

If exercised, the option has an initial period of nine months and will allow Persian Gold to acquire a 70% interest in a new company to be established to hold the licence on the property. -source

Rio Tinto withdraws from Iran gold mine
May 24, 2006 - 9:39PM

Anglo-Australian miner Rio Tinto said it was pulling out of the Sari Gunay gold mining project in western Iran after deciding it was not commercially viable. - source

Interesting Site ? - Islamic Arts and Architecture (IAAO)

Thank you all! & Good weekend to everyone.

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XAU - spot gold intraday chart

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