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
Crocodile Gold (CRK.TSX) announced that it achieved a 47% improvement in development meters at its Cosmo underground mine in January 2012 on a month-over-month basis. The Company developed 90 meters of ore last month, producing 10,900 tonnes grading 3.0 grams per tonne of gold, an underground development record. Highlights: * Crocodile Gold produced 3,300 ounces [...]
Gold and silver futures rebounded substantially from earlier losses in Wednesday afternoon trading. The move higher in precious metals did not coincide with U.S. dollar weakness or significant volatility in the broader markets, however. Instead, the comeback was driven by noticeably higher volumes on the COMEX, particularly at near 1:05pm ET. COMEX gold futures, per [...]
While commodity prices have surged thus far in 2012, Goldman Sachs offered a bit of caution for investors expecting further gains this year. In a recent note to clients, analysts led by Jeffrey Currie lowered the firm’s 12-month expected return forecast for the broader commodities complex to 12% from 15% – according to a Bloomberg [...]
Spanish Mountain Gold (SPA.TSXV) announced plans to proceed with a Feasibility Study (FS) for its Spanish Mountain Gold Project in central British Columbia, Canada. The emerging gold Company reported that it will retain the same team of professionals, led by Tetra Tech (formerly Wardrop) as Project Manager, to complete a National Instrument 43-101 compliant feasibility [...]
GOLD PRICE NEWS – The gold price retreated Wednesday morning, falling $6.70 to $1,753 per ounce. Today’s small decline in the price of gold follows yesterday’s $24.10, or 1.8% surge amid a broad-based rally in precious metals. In doing so, the spot gold price settled at its highest level in three months and extended its [...]
