Premier Gold Mines’ (PG) subsidiary adds to royalty portfolio
Fortuna Silver Mines’ (FVI) hits more high-grade silver at Caylloma
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
Gold futures moved higher Friday as the yellow metal snapped a four-session losing streak. COMEX gold for February 2012 delivery settled higher by $20.70, or 1.3%, at $1,597.90 per ounce despite stability in the euro/U.S. dollar currency cross. The euro rose to 1.3083 against the greenback this morning, but subsequently retreated to 1.2996 before rebounding [...]
Precious metals shares rallied Friday, with the Philadelphia Gold & Silver Index (XAU) jumping 1.1% to 182.50 in early afternoon trading. Gold and silver stocks were bolstered by a rebound in the metals themselves, as COMEX gold futures climbed 1.0% to $1,592.80 per ounce and silver rose 0.7% to $29.47 per ounce. Among gold producers, [...]
Gold futures remained firmly in positive territory in late morning trading on Friday, with the COMEX February 2012 contract higher by $18.00, or 1.1%, at $1,595.20 per ounce. However, the yellow metal’s rebound this morning pales in comparison to the sell-off it has endured this week. With gold futures now 17% below their all-time high, [...]
Fortuna Silver Mines (FVI.TSX, NYSE: FSM) announced that it has been added to the S&P/TSX Composite, effective at the market open on December 19, 2011. The Company joins Canada’s other leading silver producers on the 255-company index, which represents the largest businesses on the Toronto Stock Exchange. Highlights: * Fortuna Silver Mines recently reported its [...]
GOLD PRICE NEWS – The gold price climbed $25.20 to $1,592 per ounce after trading as high as $1601 per ounce early Friday morning. Bargain hunters stepped in to take advantage of the $176 correction in the price of gold that has occurred in the month of December. Weakness in the U.S. dollar against the [...]
