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 surged higher on Tuesday as the U.S. dollar tumbled after Fed Chairman Ben Bernanke reaffirmed his commitment to easy monetary policies in testimony to the U.S. Senate. COMEX gold futures, per the April contract, slid to as low as $1,712.60 per ounce this morning, but reversed course as the dollar headed lower [...]
Gold shares rebounded from an earlier sell-off in mid-day trading on Tuesday alongside the yellow metal and broader equity markets. The Market Vectors Gold Miners ETF (GDX), which fell to as low as $55.29 per share, was higher by $0.26, or 0.5%, at $56.44 early this afternoon. In doing so, the GDX recouped yesterday’s 0.5% [...]
The U.S. dollar turned lower and gold futures rebounded after Federal Reserve Chairman Ben Bernanke testified on the outlook for the economy before the Senate Budget Committee Tuesday morning. There, Bernanke provided the identical testimony as he gave last week to the House of Representatives Budget Committee, which GoldAlert discussed at that time. More importantly [...]
GOLD PRICE NEWS – The gold price traded slightly lower Tuesday, falling $2.00 to $1,718 per ounce. Gold prices declined alongside the broader stock and commodity markets after the International Monetary Fund (IMF) warned that China’s 2012 gross domestic product could be cut in half to 4.25% from the current 8.5% projection if weakness in [...]
