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 futures settled higher on Thursday despite a slight advance in the U.S. dollar and modest weakness in other areas of the commodities complex. COMEX gold futures closed with a gain of $1.80, or 0.1%, at $1,641.40 per ounce. The yellow metal traded in a range between $1,631 and $1,655 before finishing fractionally in [...]
The International Monetary Fund (IMF) has received $320 billion in pledges from nations in its efforts to combat the European sovereign debt crisis, according to IMF Managing Director Christine Lagarde. In an interview with Bloomberg, Lagarde stated that “I look at this pot of money as an umbrella…There are clouds on the horizon.” According to [...]
Extorre Gold Mines (XG.TSX, AMEX: XG) commented on the proposed acquisition by the Argentine Federal Government of 51% of the Argentine oil company, Yacimientos Petroliferos Fiscales (YPF), from Spanish Oil Company Repsol. Extorre noted that “there are significant differences in regulations, tradition, public importance and internal use of products between the oil & gas sector [...]
GOLD PRICE NEWS – The gold price held firm on Thursday near $1,645 per ounce after several key U.S. economic reports. The price of gold initially fell to $1,631.48 in early morning trading, but bounced back after three of four economic reports came in below expectations. Silver rose $0.26, or 0.8%, to $31.86 per ounce, [...]
