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 on Thursday for a sixth consecutive trading session European sovereign debt concerns continued to provide a headwind for the yellow metal. COMEX gold for February 2012 delivery settled with a loss of $23.20, or 1.5%, at $1,540.90 per ounce. This morning gold futures fell as much as $40.20 to $1,523.90 per [...]
“The problem in Europe is that we’ve arrived at Europe’s own ‘Lehman-moment’ when banks and institutions are wholly unwilling to lend money to anyone, anywhere.” The above quote came from Thursday’s edition of The Gartman Letter, written by long-time investor and market pundit Dennis Gartman. After the euro tumbled to a 17-month low of 1.2859 [...]
While most gold price prediction in recent years have come from those who rarely come in contact with the metal itself – such as investors and market strategists – one group with a unique and important view on the yellow metal recently weighed in with its own forecasts. The Professional Numismatists Guild (PNG) – which [...]
In what marked one of the few encouraging signs for gold and silver shares in recent weeks, the sector recovered from earlier losses Thursday morning despite ongoing weakness in precious metals. The Philadelphia Gold & Silver Index (XAU) initially fell as much as 1.4% to 173.96 – its lowest level since October 4th of this [...]
GOLD PRICE NEWS – The gold price dropped $18.86, or 1.2%, to $1534.74 per ounce Thursday morning as the U.S. dollar added to its recent gains against a basket of the world’s other leading currencies. In overnight trading the spot price of gold tumbled to $1,521.80 per ounce – its lowest level since July 6th [...]
