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 capped off their 11th consecutive year of gains on a positive note, with the COMEX February 2012 contract settling higher on Friday by $25.90, or 1.7%, at $1,566.80 per ounce. In doing so, COMEX gold futures – based on the most actively-traded contract - posted an annual advance of 10.0% and outperformed the large [...]
While Saturday marks the ten-year anniversary of the launch of euro coins and notes, the ongoing sovereign debt crisis promises to be one of the most important storylines for the global economy as 2012 begins. The crisis has led to a situation now where “the euro is at risk of unraveling,” according to a report [...]
Gold and silver shares rose for the second consecutive session as precious metals rebounded on Friday. The Philadelphia Gold & Silver Index (XAU) – which yesterday rallied 1.8% to 179.43 – rose 0.4% to 180.21 in mid-day trading today. Two of the sector’s top performing gold stocks were Agnico-Eagle Mines (AEM) and Goldcorp (GG). AEM [...]
With gold shares on pace to finish the year firmly in negative territory – despite a near 10% rise in the price of gold – the latest firm to discuss the sector’s outlook for 2012 was Rodman & Renshaw. In a note to clients published this week, Senior Metals and Mining Analyst Wayne Atwell attributed [...]
GOLD PRICE NEWS – The gold price rebounded strongly Friday, gaining $17.50 on the last trading day of the year. At $1,564 per ounce, the price of gold is still lower by $42 this week and has fallen $182 in the month of December. Despite this month’s losses, gold has advanced 10.1% in 2011 and [...]
