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
The U.S. dollar moved higher against a basket of foreign currencies on Monday, helping to keep a lid on gold and silver futures. Investors moved into the world’s reserve currency amid further sovereign debt concerns in Greece, as the debt-strapped nation is struggling to secure its next round of financial assistance. COMEX gold futures, per [...]
Premier Gold Mines (PG.TSX) announced that it has entered into agreements to acquire 100% interest in two key patented claim groups located on the East Bay Ultramafic Trend in Red Lake, Canada. The claim groups are located proximal to the Footwall Zone on the East Bay Project, one of two active joint ventures Premier Gold [...]
James Bullard, President of the Federal Reserve Bank of St. Louis, urged the U.S. central bank to begin raising interest rates in 2013 to a “normal level” in comments to reporters on Monday. Bullard – who this year is a non-voting member of the Federal Open Market Committee (FOMC) – stated that “It’s important to [...]
GOLD STOCKS NEWS – Gold stocks stabilized Monday morning as the Market Vectors Gold Miners ETF (GDX) inched higher by 0.2% to $56.53 per share. The modest strength in gold stocks and the GDX came in spite of a fractional decline in the spot price of gold, which dipped 0.3% to $1,720.43 per ounce. The [...]
GOLD PRICE NEWS – The gold price declined Monday, sinking $11.00 to $1,714.80 per ounce. Gold prices fell as investors and traders priced a lower probability of a fresh round of quantitative easing (QE) into asset markets. Today’s weakness follows last Friday’s $33.99, or 1.9%, drop – its worst showing in over a month. The [...]
