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
Shares of most gold producers and explorers held firm Monday despite a modest sell-off in the yellow metal. The Market Vectors Gold Miners ETF (GDX) rose 0.3% to $53.52 per share in afternoon trading, while COMEX gold futures retreated $8.70, or 0.5%, to $1,608.10 per ounce. The yellow metal had climbed above $1,620 in overnight [...]
The London Bullion Market Association published the results of its Forecast on Monday, the firm’s annual survey on the direction of precious metals prices for the coming year. The large majority of respondents – comprised of analysts and strategists from investment banks and other financial firms across the globe – predicted that gold will rise [...]
Gold shares advanced Monday morning on the back of modest gains in COMEX gold futures and the broader equity markets. The AMEX Gold Bugs Index (HUI) – comprised of the world’s largest gold producers – rose 0.8% to 521.96, the yellow metal inched higher by $3.30 to $1,620.10 per ounce, and the S&P 500 Index [...]
GOLD PRICE NEWS – The gold price, at $1,620 per ounce, opened to the upside Monday morning. Gold prices traded higher amid weakness in the U.S. dollar, which came on the back of news out of Europe that policy makers may complete a new budgetary legal framework by the end of the month. The euro [...]
