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 STOCKS NEWS - Newcrest Mining, the largest gold mining company in Australia, bid A$9.2 billion ($8.4 billion) for Lihir Gold (LIHR). The bid represents a 28% premium to yesterday’s close in Lihir’s share price. Management of the Papua New Guinea-based gold company promptly rejected Newcrest’s bid “unanimously” after determining that “the offer did not [...]
GOLD PRICE NEWS - The gold price climbed $9 to $1,113 as the price of gold was boosted by a decline in the U.S. dollar after the release of two economic reports that fell short of market expectations. At $1,113 per ounce, the gold price posted its third monthly loss in four, finishing lower in [...]
San Gold’s latest discovery consisted of a high grade gold zone located beyond the eastern limits of known exploration at its Rice Lake Mine in Canada. You need adobe flash GOLD MINING NEWS - While earnings season may be winding down for gold mining companies, exploration news from a number of emerging gold producers continues [...]
GOLD STOCKS NEWS - Gold stocks rallied this morning, with the Market Vectors Gold Miners ETF (GDX) climbing $0.79 to $44.65 as the U.S. dollar weakened. Strength in gold stocks developed as COMEX gold futures - per the June contract - surged $11.30 to $1,117.00 per ounce. With this morning’s gain, the GDX has risen [...]
GOLD PRICE NEWS - The gold price surged higher, crossing above $1,110 per ounce and pushing up toward technical resistance near $1,120 following weaker than expected jobs data out of ADP. The U.S. dollar fell against the euro, giving the gold price a bid and pushing it up over $12 heading into the open on [...]
Spokane, Washington – March 31, 2010 – MINES MANAGEMENT, INC. (NYSE-Amex: ‘MGN’; TSX-’MGT’). Mines Management, Inc. (the ‘Company’) has filed an 8-K in the U.S. indicating that the Audit Committee of the Company, upon recommendation of its management, has concluded that the Company’s consolidated financial statements for the fiscal year ended December 31, 2008 and [...]
GOLD PRICE NEWS - The gold price slid $4 to $1,105 and gold stocks fell as the price of gold came under pressure from a stronger U.S. dollar. Weakness in both the gold price and gold stocks came as the euro fell 0.4% to 1.3412 against the dollar following a statement from the International Monetary [...]
Despite positive exploration results, Claude Resources trades at a discount to peers You need adobe flash GOLD MINING NEWS - Claude Resources (CGR) has seen its share price rise 61% over the past year as the profitability of its flagship Seabee gold mining operation continues to improve. This morning, Claude Resources delivered its earnings figures [...]
GOLD STOCKS NEWS - Gold stocks declined this morning, with the Market Vectors Gold Miners ETF (GDX) falling $0.52 to $43.81 per share. Weakness in gold stocks came alongside a modest drop in COMEX gold futures - per the June contract - which fell $6.90 to $1,104.60 per ounce. After rallying over 3.5% in the [...]
GOLD PRICE NEWS - The gold price remains in consolidation mode while its sister precious metal, silver, and other more cyclical commodities have accelerated higher. Yesterday, the price of gold closed down $0.50 at $1,109 per ounce while the silver price rallied 2.9%, oil gained 3.1%, and copper appreciated 3.2%. The rally in the U.S. [...]
