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 and silver futures continued their march higher on Thursday amid broad-based gains in the precious metals space. COMEX gold for April delivery settled with a gain of $9.80, or 0.6%, at $1,759.30 per ounce, while silver advanced $0.37, or 1.1%, to $34.16 per ounce. In doing so, both gold and silver reached their best [...]
Gold shares rallied Thursday afternoon alongside the yellow metal, as the Market Vectors Gold Miners ETF (GDX) climbed $0.76, or 1.3%, to $57.32 per share. COMEX gold futures rose $10.00 to $1,759.50 per ounce amid broad-based gains in precious metals. With its advance, the GDX reached its highest level since December 9, 2011 and extended [...]
Federal Reserve Chairman Ben Bernanke warned that the ongoing sovereign debt crisis in Europe “could worsen economic prospects” for the U.S. in his testimony to Congress on Thursday. Speaking before the Committee on the Budget at the U.S. House of Representatives, Bernanke largely reiterated the Fed’s stance at last month’s FOMC meeting – namely that the [...]
Claude Resources (CRJ.TSX, AMEX: CGR) reported the closing of its previously announced acquisition of St. Eugene Mining Corporation Limited. Under the terms of the transaction, Claude acquired all of the outstanding common shares of St. Eugene in exchange for the issuance of approximately 9.6 million common shares of Claude. Along with shares in Claude Resources, [...]
GOLD PRICE NEWS – The gold price hovered near unchanged Thursday at $1,747 per ounce amid relative calm in financial markets. Strong auctions for French and Spanish sovereign debt helped keep a bid under European equity markets. U.S. jobless claims fell last week to 367,000, slightly less than market expectations. While the price of gold [...]
