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 extended their gains following yesterday’s rally, with the COMEX February contract settling up $12.20, or 0.8%, at $1,612.70 per ounce. The yellow metal had slipped below $1,600 this morning, but bounced back as the U.S. dollar pared its gains against a basket of foreign currencies. In contrast to gold, silver gave back a [...]
While 2011 served as a very challenging year for most gold stocks, the outlook for 2012 is much brighter, according to equity research analysts at Macquarie. In a report published this morning, the firm noted that “As we move into 2012, gold equity valuations on prevailing price curves are near-record lows with most equities trading [...]
GOLD PRICE NEWS – The gold price oscillated around the $1,600 per ounce level Wednesday, digesting yesterday’s 2.5% gain. News this morning that bank deposits at the European Central Bank’s overnight facility reached an all-time high this week sparked worries that funds are being hoarded – not lent out. Banks parked €453 billion ($591 billion) in [...]
