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 turned sharply higher alongside the broader financial markets on Thursday as the U.S. relinquished its gains. COMEX gold for April delivery fell to an intra-day low of $1,706.70 this morning but settled with a fractional gain at $1,728.40 per ounce. Silver futures slid to as low as $32.64 earlier in the [...]
The latest gold mining CEO to publicly discuss his forecast for the yellow metal was Mark Cutifani of AngloGold Ashanti (AU). As head of one of the world’s largest gold producers, Cutifani stated during the Company’s recent earnings call that the price of gold could “easily poke through $2,000″ per ounce in 2012 and thus [...]
Several of the world’s largest gold mining companies reported their fourth quarter and full-year 2011 financial results yesterday after the market close and/or this morning. The sector also staged a considerable comeback in mid-day trading alongside the broader equity markets. The Market Vectors Gold Miners ETF (GDX) slid to as low as $52.67 this morning [...]
GOLD PRICE NEWS – The gold price tumbled $18.27, or 1.1%, to $1,711.60 per ounce Thursday morning after two key U.S. economic reports came in ahead of expectations. The price of gold fell only fractionally in overnight trading, but accelerated to the downside after weekly jobless claims fell to a four-year low and U.S. housing [...]
