Premier Gold Mines (PG) expands management team
Fortuna Silver Mines (FVI) expands presence in Mexico
Aurizon Mines’ (AZK) Board unanimously recommends rejecting Alamos offer
Claude Resources (CGR) expands gold resources and grade at Santoy Gap
Mines Management (MGN) reports “significant progress” in third quarter
Crocodile Gold (CRK) reports 35% production growth
Gold futures inched higher Tuesday, with the COMEX April contract rising $1.20, or 0.1%, to $1,427.60 per ounce. In doing so, COMEX gold futures extended their daily win streak to five. Since the yellow metal last declined on March 15, it has rallied over $35 per ounce and is now within 1% of its all-time [...]
Israel and the Gaza Strip can now be added to the list of locations around the world to be involved in violent flare-ups of late. On Tuesday, Israel responded to attacks from Hamas last week by opening fire on the Gaza Strip. The Israeli response killed five Palestinians, according to Adham Abu Selmeya, the Gaza Health [...]
Richard Fisher, President of the Federal Reserve Bank of Dallas, made a rather dire prediction on the fiscal situation in the U.S., as well as several hawkish comments on monetary policy, on Tuesday in a speech at Goethe University in Frankfurt, Germany. “If we (the U.S.) continue down on the path on which the fiscal [...]
Shares of most silver and gold companies held firm Tuesday, as the Philadelphia Gold & Silver Index (XAU) rose 0.7% to 210.09. Silver and gold equities were boosted by precious metals, which posted gains in mid-day trading. Gold bullion inched higher toward $1,430 per ounce, while silver rallied 0.9% to $36.32 per ounce. The strength [...]
Extorre Gold Mines (XG.TSX, XG: AMEX) is an emerging gold explorer that has seen its share price rise 19.5% this month as the company continues to advance its Cerro Moro gold-silver project in the Santa Cruz Province of Argentina. An NI 43-101 compliant mineral resource estimate for Cerro Moro includes 612,000 gold equivalent ounces (geo) [...]
GOLD PRICE NEWS – The gold price slid Tuesday morning, sliding $6.00 to $1,421.50 per ounce. Gold prices continue to consolidate in the $1,400 to $1,450 range despite a flurry of geo-political uncertainty. Violence in Libya has moved off the front pages, but the situation remains tenuous. Precious metals showed a similar muted reaction to [...]
Announces that drilling has commenced at its Union Domes gold project and its Cerro Puntudo silver project in the Santa Cruz Province of Argentina. Union Domes is located 18 kilometers south of the Company’s Cerro Moro discovery, and Cerro Puntudo is located 220km west of Cerro Moro and immediately south of the Coeur d’Alene Mines/Mirasol Resources’ Joaquin silver discovery.
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Gold traded near unchanged at $1,427 per ounce Tuesday morning while the U.S. dollar continued to weaken against most of its foreign counterparts. Stock and commodity prices also oscillated near yesterday’s closing levels with oil and copper changing hands at $102.25 per barrel and $4.29 per pound, respectively. Silver was off $0.10 at $36.01 per [...]
