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  • PG Premier Gold Mines (PG) expands management team
  • FVInew_290 Fortuna Silver Mines (FVI) expands presence in Mexico
  • AZK Aurizon Mines’ (AZK) Board unanimously recommends rejecting Alamos offer
  • CGR Claude Resources (CGR) expands gold resources and grade at Santoy Gap
  • MGN Mines Management (MGN) reports “significant progress” in third quarter
  • crocodile_290x250 Crocodile Gold (CRK) reports 35% production growth
Archive for: April 17th, 2012

Silver Futures Advance, Gold Recoups Losses

XAU Rises 1.3%

Precious metals futures finished in positive territory on Tuesday amid weakness in the U.S. dollar and a broad-based rally in financial markets. Silver settled higher on the COMEX by $0.30, or 1.0%, at $31.67 per ounce after remaining in the black for the large majority of the day. In contrast to silver, COMEX gold futures [...]

Apr 17 2012 | Read More »

Rally in Gold Stocks, GDX Undeterred by Barrick Target Reduction

GDX Jumps 2.6%

GOLD STOCKS NEWS – Gold stocks climbed Tuesday, with the Market Vectors Gold Miners ETF (GDX) rising $0.84, or 1.8%, to $47.48 per share in late morning trading.  Gold stocks and the GDX initially rallied alongside the broader equity markets, and subsequently extended their gains as COMEX gold futures rebounded from earlier losses. Earlier, the [...]

Apr 17 2012 | Read More »

Spanish Mountain Gold Appoints Jim Rogers as Director

precious metals company

Spanish Mountain Gold (SPA.TSXV) announced that Jim Rogers has been appointed to the board of directors of the Company. Mr. Rogers is a critically acclaimed author, financial commentator and successful international investor. He is frequently featured in such publications as Time, The New York Times, Barron’s, Forbes, The Wall Street Journal, and Financial Times and [...]

Apr 17 2012 | Read More »

Gold Price Turns Lower, Platinum Outperforms

Precious Metals Mixed

GOLD PRICE NEWS – The gold price turned sharply lower Tuesday morning, tumbling from as high as $1,658 to $1,635.83 per ounce.  The price of gold retreated as the “risk-on” trade in financial markets resumed, with stocks and cyclical commodities heading north.  The markets’ advance was fueled by a report from the International Monetary Fund [...]

Apr 17 2012 | Read More »
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