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 despite renewed strength in the U.S. dollar. COMEX gold futures, per the April contract, settled lower by $1.50, or 0.1%, at $1,774.90 per ounce. The yellow metal traded as low as $1,762.60 and as high as $1,781.00 this morning before settling slightly in the red. Silver [...]
GOLD STOCKS NEWS – Gold stocks rebounded from an earlier decline alongside the broader equity markets Monday morning, as the Market Vectors Gold Miners ETF (GDX) climbed from $55.73 to near unchanged at $56.49 per share. The bounce back in gold stocks and the GDX coincided with the U.S. dollar paring its gains against a [...]
Premier Gold Mines (PG.TSX) reported the completion of its previously announced bought deal public offering. Under the terms of the transaction, 10.0 million common shares of PG.TSX were issued at a price of C$5.75 per share for net proceeds of C$54.5 million. Highlights: * The offering included the issuance of 1.0 million common shares, also [...]
Alacer Gold (ASR.TSX) announced an updated Mineral Resource estimate for its Çöpler gold-silver-copper deposit in Turkey. The Canadian-based gold miner noted that with Çöpler already having a long mine life with significant potential to further extend resources, the Company’s initial focus was to add value by defining higher-grade zones within the currently planned pits. The [...]
Aurizon Mines (ARZ.TSX, AMEX: AZK) announced the replenishment of mineral reserves for its Casa Berardi mine in north western Quebec. The Canadian-based gold miner also reported that resources increased by 81% to 1.5 million ounces of gold in the measured and indicated categories. The mine has produced approximately 1.5 million recovered gold ounces since beginning [...]
GOLD PRICE NEWS – The gold price held near unchanged at $1,773 per ounce as U.S. financial markets opened modestly lower Monday morning. The price of gold fell to $1,763 in overnight trading as the U.S. dollar rallied, but subsequently recouped its losses. The S&P 500 Index slipped 0.4% to 1,360.51 after the Group of [...]
