IAMGOLD $19.76 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 374.7 million; Market cap: $7.4 billion; No dividends paid) has agreed to sell its 18.9% stake in the Tarkwa and Damang gold mines in Ghana to South African mining giant Gold Fields Ltd. for $667 million in cash. (All figures except share price and market cap in U.S. …read more »

NEW GOLD $10.02 (Toronto symbol NGD; TSINetwork Rating: Speculative) (888-315- 9715; www.newgold.com; Shares outstanding: 399.1 million; Market cap: $4.0 billion; No dividends paid) has agreed to buy Richfield Ventures (symbol RVC on Toronto) for $550 million in New Gold shares.

New Gold holds cash of $491 million, or $1.25 a share, so it could use some of those funds for …read more »

Gold closed at an all-time high of $1,475.00 U.S. in Friday’s trading. It now trades at around $1,468, up 27.4% from a year ago.

Gold’s recent gains have partly resulted from investor fears about the sovereign debt of European countries after Portugal requested a bailout from the European Union and International Monetary Fund. Investors are also worried about political turmoil …read more »

AMERIGO RESOURCES $1.10 (Toronto symbol ARG; TSINetwork Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 171.5 million; Market cap: $188.7 million; No dividends paid) has risen 69% since June 2010 on higher copper prices.

Amerigo processes copper and molybdenum from the waste rock from Chile’s El Teniente, the world’s largest copper mine. The contract runs at least through 2021. Amerigo has a further …read more »

YAMANA GOLD $11.75 (Toronto symbol YRI; TSINetwork Rating: Speculative) (416-815-0220; www.yamana.com; Shares outstanding: 741.1 million; Market cap: $8.7 billion; Dividend yield: 1.0%) has signed an agreement with Goldcorp Inc. and Switzerland-based Xstrata plc. that will see Yamana’s 100%-owned Agua Rica copper/gold property in Argentina transferred to mining firm Minera Alumbrera.

Agua Rica is near the producing Alumbrera mine. That mine is …read more »

Gold hit a new all-time high of $1.438.20 U.S. an ounce during Wednesday’s trading. It now trades at around $1,427.00 U.S., up 25.8% from $1,134.50 a year ago.

In light of gold’s new all-time high, we’re holding a special discussion about gold investing on our TSINetwork.ca Facebook page. Click here to join in. (In order to take part in our …read more »

Members of our Inner Circle service often ask for our advice on stocks they are thinking of buying that we don’t cover in our newsletters. These companies range from large multinational companies to the most speculative penny mines and gold investments.

For example, an Inner Circle member recently asked for our advice on Northern Abitibi Mining. The company has reported some …read more »

All gold investments, even large, multinational gold-mining stocks like Newmont Mining (symbol NEM on New York), are somewhat speculative, due to their sensitivity to gold prices and the difficulty of finding gold mines.

That’s why we recommend that you limit them to a small part of your overall portfolio — this is especially true of more volatile junior gold stocks.

(You …read more »

NEWMONT MINING $58.32 (New York symbol NEM; Shares outstanding: 484.7 million; Market cap: $28.2 billion; TSINetwork Rating: Average; Dividend yield: 1.0%; www.newmont.com) is one of the world’s largest gold miners. Newmont has major mines in the U.S., Australia and Peru.

In the three months ended September 30, 2010, Newmont’s revenue rose 26.7%, to a record $2.6 billion from $2.05 billion a …read more »

NEWMONT MINING CORP. $61 (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 493.1 million; Market cap: $30.1 billion; Price-to-sales ratio: 3.2; Dividend yield: 1.0%; TSINetwork Rating: Average; www.newmont.com) is one of the world’s largest gold-mining companies. Newmont has major mines in the U.S., Australia and Peru.

Gold accounts for about 85% of Newmont’s revenue. The remaining 15% comes …read more »