Extorre Gold Mines (XG) hits more high-grade gold at Cerro Moro
Spanish Mountain Gold (SPA) advances toward Feasibility Study
Crocodile Gold (CRK) reports first quarter results
Canaco Resources (CAN) delivers initial resource for Magambazi
Aurizon Mines (AZK) reports “excellent” results at Casa Berardi
Premier Gold Mines (PG) reports proposed additions to Board of Directors
GOLD STOCKS NEWS - Gold stocks rallied for the fourth consecutive trading day, as the Market Vectors Gold Miners ETF (GDX) climbed as much as $2.71, or 5.7%, to $50.38 on Wednesday. With today’s strength in gold stocks, the GDX has now recovered over half of last week’s 11.2% plunge - the worst weekly decline [...]
GOLD STOCKS NEWS - Gold stocks rallied for the fourth consecutive trading day, as the Market Vectors Gold Miners ETF (GDX) climbed as much as $2.71, or 5.7%, to $50.38 on Wednesday. With today’s strength in gold stocks, the GDX has now recovered over half of last week’s 11.2% plunge - the worst weekly decline [...]
MINING NEWS - The Australian government is mulling changes to its proposed super tax on mining profits in the face of vociferous resistance from the mining industry, according to a report published in The Australian, the country’s biggest-selling national newspaper. Earlier this month, the government proposed a 40% tax on mining industry “super-profits,” initially defined [...]
GOLD PRICE NEWS - The gold price surged higher Wednesday morning, rising $13.62 to $1,212.50 per ounce. Just 2.9% off its record high of $1,249.50, the price of gold has rallied $46.20 off its low of just three trading days ago. Risk appetites returned to the market yesterday, driving stocks, commodities, and precious metals higher [...]
GOLD PRICE NEWS - The gold price rose $5.59 to $1,198.88 as the price of gold built on yesterday’s $15 surge higher. After briefly surpassing the $1,200 level, the gold price held the majority of its daily gain while the U.S. dollar gave back a large portion of its morning rally against the euro. The [...]
GOLD STOCKS NEWS - Gold stocks were mixed on Tuesday, with the Market Vectors Gold Miners ETF (GDX) higher by $0.03, or 0.1%, at $47.67 in mid-day trading. For the second consecutive day gold stocks were the top performing sector in the equity markets, as the gold price advanced on fresh sovereign debt fears across [...]
GOLD PRICE NEWS - Larry Summers, the senior economic adviser to President Obama, reportedly asked Congress yesterday to begin drafting plans for a second stimulus package to prevent the economy from suffering a double dip recession. Summers suggested additional loans for small businesses, an extension of unemployment insurance, and financial aid to states to avoid [...]
GOLD PRICE NEWS - The gold price hovered near unchanged, holding above $1,190 per ounce amid cascading asset prices across the globe. The price of gold, the U.S. dollar, and the Japanese yen all rallied against the euro as fresh sovereign debt concerns in Spain led to widespread selling in European stock markets. Tensions between [...]
GOLD PRICE NEWS - The gold price climbed $15.39 to $1,193.29 per ounce as the price of gold rebounded from last week’s $52 sell-off. The advance in the gold price came despite a rally in the U.S. Dollar Index (DXY), which gained 1.0% to 86.26 on Monday. The euro currency, which comprises 57.6% of the [...]
GOLD PRICE NEWS - The gold price climbed $15.39 to $1,193.29 per ounce as the price of gold rebounded from last week’s $52 sell-off. The advance in the gold price came despite a rally in the U.S. Dollar Index (DXY), which gained 1.0% to 86.26 on Monday. The euro currency, which comprises 57.6% of the [...]
