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 settled lower for the fourth consecutive trading session on Tuesday amid widespread weakness in precious and industrial metals. COMEX gold for February 2012 delivery – the most actively-traded contract – finished with a loss of $10.50, or 0.7%, at $1,595.50 per ounce. The yellow metal reached an intra-day low of $1,591.10 earlier this [...]
Gold and silver shares turned lower alongside precious metals on Tuesday, as the Philadelphia Gold & Silver Index (XAU) retreated 1.3% to 182.81 in mid-day trading. The XAU is coming off its first weekly advance in three, but with today’s sell-off extended its loss in December to 12.2%. Furthermore, the XAU is now lower by [...]
Developments over the past week in both China and India could have bearish implications for the price of gold, according to a recent report by TD Securities. In a note to clients this morning, precious metals strategist Steve Scacalossi wrote that “After the Christmas weekend the precious metals complex drifted lower. Gold opened right on [...]
GOLD PRICE NEWS – The gold price slid $13.89, or 0.9%, to $1,594.92 per ounce Tuesday morning amid modest declines in the broader commodities complex. Silver fell $0.42, or 1.4%, to $28.85 per ounce alongside the price of gold. Equity markets in Asia and Europe were mixed, while U.S. markets looked to open slightly lower [...]
