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Archive for: March, 2010

Colossus Minerals Inc. and COOMIGASP Sign Agreements to Acquire 774 Hectares of Additional Ground Contiguous to Serra Pelada

Toronto, Ontario, March 30, 2010 – Colossus Minerals Inc. (“Colossus”) is pleased to announce that its joint venture partner, COOMIGASP (Cooperativa de Mineração dos Garimpeiros de Serra Pelada) has signed an option agreement with Vale SA (“Vale Option Agreement”) to acquire a 100% interest in a 700 hectare land package (“Area B”) contiguous to the [...]

Mar 30 2010 | Read More »

Gold Stocks Advance Despite Tepid Gold Price

GOLD STOCKS NEWS - Gold stocks advanced in spite of the tepid action in the gold price, as the Market Vectors Gold Miners ETF (GDX) climbed $0.62, or 1.4% to $44.33 per share. With today’s rally in gold stocks, the GDX has posted a two-day gain of 3.3%, its best in nearly a month. The [...]

Mar 29 2010 | Read More »

Gold Stocks Rise – San Gold Production Ramps Up

Consistent gold production growth has been a main catalyst for the 67% rise in shares of San Gold over the past 52 weeks You need adobe flash GOLD STOCKS NEWS - Gold stocks opened the week higher, with the Market Vectors Gold Miners ETF (GDX) rising over 1% and recovering a portion of its 3.5% [...]

Mar 29 2010 | Read More »

Gold Price Rallies Above $1,110 as Dollar Slides

GOLD PRICE NEWS - The spot gold price moved higher by $2.25 to $1,111.50 per ounce and COMEX gold futures rallied $6.80 to $1,112.20 heading into the last week of the quarter. The U.S. dollar declined versus the euro as Greece was set to issue roughly 5 billion euros worth of seven-year bonds - its [...]

Mar 29 2010 | Read More »

Gold Price Hovers as Euro Stabilizes vs. the U.S. Dollar

GOLD PRICE NEWS - The gold price heads into the final week of the first quarter at $1,109 per ounce, up a mere 1% thus far in 2010. Investments tied to the price of gold, notably gold stocks, have struggled lately as investors’ risk appetites have expanded and funds have flowed into more economically-sensitive market [...]

Mar 28 2010 | Read More »

Canadian Gold Stocks Rally – TSX Gains 2%

GOLD STOCKS NEWS - Canadian gold stocks rallied as the S&P/TSX Global Gold Index gained 6.08 points, or 2.0%, to 311.65 on the heels of a sell-off in the U.S. dollar. The gain in the TSX Gold Index - the most closely followed basket of gold stocks in Canada, was its largest in over a [...]

Mar 26 2010 | Read More »

Gold Price Climbs to $1,096 – U.S. Dollar Weakens

GOLD PRICE NEWS - The gold price climbed $6 to $1,096 as the price of gold was buoyed by a recovery in the euro currency against the U.S. dollar in overnight trading. After displaying its resiliency yesterday in the face of a weaker euro, the gold price advanced on the back of the 0.7% rally [...]

Mar 26 2010 | Read More »

Gold Stocks Decline – Trichet’s Comments Pressure Euro

GOLD STOCKS NEWS - Gold stocks declined this afternoon, with the Market Vectors Gold Miners ETF (GDX) dropping $0.59, or 1.4%, to $42.91. With today’s sell-off in gold stocks, the GDX reached its lowest level since February 25 and is lower by 5.3% on the week - its largest weekly fall since the end of [...]

Mar 25 2010 | Read More »

Gold Stocks Mixed, TSX Gold Index Falls Slightly

GOLD STOCKS NEWS - Gold stocks were mixed as the S&P/TSX Global Gold Index fell 0.68 points, or 0.2%, to 310.15 in mid-day trading. The Market Vectors Gold Miners ETF (GDX) - which contains a basket of the world’s largest gold stocks - rose $0.13, or 0.3%, to $43.63 per share. Coming off of the [...]

Mar 25 2010 | Read More »

Gold Price Rises to $1,094 – Euro Moves Higher

GOLD PRICE NEWS - The gold price advanced $8 to $1,094 this morning as a rally in the euro and a sell-off in the U.S. dollar boosted the price of gold. After falling close to $20 for the second time in the past five trading sessions, the gold price recovered a portion of yesterday’s losses [...]

Mar 25 2010 | Read More »
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  • Extorre Gold Mines (XG) hits more high-grade gold at Cerro Moro
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