Spanish Mountain Gold (SPA) launches Feasibility Study
Klondex Mines (KDX) reports “very encouraging” results at Fire Creek
Canaco Resources’ (CAN) gold discovery keeps growing
Claude Resources (CGR) expands gold mineralization at Santoy Gap
Crocodile Gold (CRK) reports completion of Luxor Group bid
Premier Gold Mines (PG) expands presence in Red Lake District
Gold mining equities and the gold price finished the month in the complete opposite direction in which they started – as the price of gold and the gold stocks fell victim to broader asset liquidation over the last week of the month. After rallying 6.3%, or $63.10, to a record high as the month began, [...]
As the gold price bounced $12.85 to $1,041 per ounce, and several of the world’s largest gold mining companies reported earnings, legendary investor, Paul Tudor Jones, told his investors that now is the time to own gold. Mr. Jones penned, in reference to gold, “It is just an asset that, like everything else in life, [...]
As the gold price bounced $12.85 to $1,041 per ounce, several of the world’s largest gold mining companies, including Agnico-Eagle Mines (AEM), Barrick Gold (ABX), Gold Fields (GFI), and Newmont Mining (NEM), each reported financial and operating results for the quarter ended September 30, 2009. Heading into these earnings releases, investor expectations increased considerably due [...]
The gold price rallied $8.52 to $1,036.67, reversing the recent downtrend in the price of gold, as positive data on gross domestic product (GDP) reinvigorated risk appetites and sent equities and commodities higher across the board. The Commerce Department reported that GDP expanded at a 3.5% annualized rate, the strongest reading in two years and [...]
The gold price continued its recent downtrend as the price of gold fell $11.35 to $1,027.43 per ounce amid several headwinds for the yellow metal. The gold price has fallen back and re-tested its previous all-time high of $1,033.90 set in March of 2008, closing below this key level. Risk appetite waned over the course [...]
With the gold price down $4.50 heading into the open, the gold mining stocks could be poised for their seventh consecutive session of decline. The Market Vectors Gold Miners ETF (GDX) has fallen 8.4% over the past six trading days and 11.1% from its 15-month, intra-day high of $49.74 on October 13. And while gold [...]
Emerging silver miner, Fortuna Silver (FVI.TSXV), announced that it has received approval from the Mexican Environmental Agency (MEA) for full mine and mill construction and operation at its San Jose silver-gold project in the southern State of Oaxaca, Mexico. The MEA approved the company’s Environmental Impact Study, which authorizes the construction and future operation of [...]
Premier Gold Mines (PG.TSX) reported updated drilling results at its Hardrock Project in Northwestern Ontario, and announced that drilling continues to delineate multiple high-grade gold zones. According to the gold explorer, one highlight of the results includes further high-grade gold intersections in the High Grade North Zone; 1,141.5 grams per ton of gold across 2.0 [...]
