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
Gold futures capped off their seventh straight weekly advance with another record-setting performance on Friday. COMEX gold futures, per the December contract, settled higher by $30.20, or 1.7%, at $1,852.20 per ounce. Early this morning, gold futures reached a new all-time record high of $1,881.40 per ounce. For the week, the yellow metal climbed 6.4%. [...]
Amid the recent weakness in financial markets and escalating calls for the Federal Reserve to embark on a third round of quantitative easing (QE3), Dr. John Hussman wrote a particularly interesting piece about the U.S. central bank and its monetary policies. In his latest Weekly Market Comment, the founder of The Hussman Funds and former economics [...]
Dennis Gartman was back at it again singing the praises of gold in his latest edition of The Gartman Letter. “Gold is the currency of the world at the moment, with the world convinced that the monetary and fiscal authorities are likely to do nothing right and everything wrong when it comes to resolving the [...]
Gold shares rallied on the back of another record-setting day for gold bullion, as the AMEX Gold Bugs Index (HUI) climbed as much as 3.6% to 588.41 in late Friday morning trading. In doing so, the HUI – comprised of the world’s largest gold and silver companies – reached its highest level since May 2nd [...]
GOLD PRICE NEWS – The gold price soared to a new series of record highs Friday morning as sovereign debt and recession worries continue to pressure Wall Street. The spot price of gold climbed as much as $54.98 to $1,878.90, a new all-time high, before paring its gains prior to the open of U.S. equity [...]
Canaco Resources (CAN.TSXV) announced details of a $5 million Preliminary Economic Assessment (PEA) program at Magambazi, part of the Company’s Handeni project in Tanzania, Africa. The PEA is expected to be completed by June 30, 2012. Canaco also announced the appointment of Sean Waller, P.Eng, to its Advisory Board. Mr. Waller is President of Candente [...]
Gold soared to yet another new record high Friday morning as fears of recessions in the U.S. and Europe continued to weigh on financial markets. COMEX gold futures, per the December contract, reached a new all-time high of $1,881.40 per ounce at approximately 6:45am ET, but have since pared their gains. As of 8:30am ET, [...]
