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
Precious metals oscillated between gains and losses on Monday while the euro currency surrendered nearly its entire gain versus the U.S. dollar. COMEX gold futures, per the April contract, settled lower by 0.1% at $1,724.90 per ounce. The yellow metal traded in a range of $1,718 and $1,735 today. Silver futures for March delivery closed [...]
GOLD STOCKS NEWS – Gold stocks retreated Monday morning as the Market Vectors Gold Miners ETF (GDX) slipped by 0.5% to $54.20 per share. The modest weakness in gold stocks and the GDX coincided with a tepid movement in COMEX gold futures, which inched lower to $1,724.30 per ounce. The S&P/TSX Global Gold Index, Canada’s [...]
Canaco Resources (CAN.TSXV) announced results from 16 new drill holes at its Magambazi gold project in Tanzania, Africa. The emerging gold Company reported that priority infill and extension drilling has been completed at Magambazi and the initial mineral resource estimate is on schedule for completion by March 31, 2012. Canaco noted that additional drilling at [...]
Claude Resources (CRJ.TSX, AMEX: CGR) announced results from its 2011 drill program at the Santoy Gap within the Company’s 100%-owned Seabee Gold Project in northern Saskatchewan, Canada. The Company reported that the results have confirmed grade continuity and intercepted economic mineralization at depths in excess of 500 meters as well as step-out holes along strike [...]
GOLD PRICE NEWS – The gold price held near $1,725 per ounce Monday morning as the yellow metal digested the Greek approval of a new austerity program necessary to secure its next round of financial assistance. The price of gold reached an overnight high of $1,735, but relinquished its gains as the U.S. dollar pared [...]
