Mines Management (MGN) announces first quarter results
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
COMEX metals futures settled higher across the board on the last day of 2010, to wrap up a record-setting year for many members of the commodities complex. Copper climbed to another new all-time high, while gold futures advanced to within 0.7% their record high. The following figures show today’s gains, along with year-to-date returns, for [...]
Shares of most gold companies moved higher Friday, as the AMEX Gold Bugs Index (HUI) advanced 6.09 points, or 1.1%, to 574.25. The HUI’s rise came as gold bullion climbed $13.44, or 1.0%, to $1,418.20 per ounce, on the back of the weaker U.S. dollar. The S&P/TSX Global Gold Index, a composite of gold stocks [...]
SILVER PRICE NEWS – The silver price continued its advance Friday morning, rising toward the $31 per ounce level for the first time since 1980. Since September 21 of this year, when the price of silver first passed its previous 30-year high of $20.92 (from March 17, 2008), gold’s sister precious metal has surged 47%. [...]
Jim Walker, founder and CEO of Asianomics, provided a very bearish economic outlook for 2011 that included further gains for gold, the resignation of Fed Chairman Ben Bernanke, and the end of the euro “in its current form.” “We’re advising people to be long gold, I think that continues to go up, certainly through the [...]
The Dynamic Gold & Precious Metals Fund was named the top performing mutual fund of any kind for 2010 by Morningstar, as it posted a 71.3% annual return. The fund invests in small-, mid-, and large-cap precious metals companies, with a particular focus on gold. Notable top 10 holdings in the fund, as of September [...]
GOLD PRICE NEWS – The gold price gained $7.50 Friday morning, rising to $1,412.25 per ounce. As has been the case for most of the year, a weak U.S. dollar is helping to boost the price of gold – as well as the bulk of the commodity complex. While the gold price advanced, silver held [...]
Heading into the last day of 2010, the price of gold rallied $8.50 to $1,413.20 per ounce while silver gained $0.15 to $30.66 per ounce. Precious metals received a boost from the weaker U.S. dollar, which fell for the third day in a row versus the euro. Copper made a new all-time high for the [...]
