Gold News

Gold mining, investment and price news

Semafo outlines 1.1m oz gold at Burkina buy

Frik Els | March 31, 2015
Semafo outlines 1.1m oz gold at Burkina buy

Montreal company's shares are up 26% in 3 weeks following acquisition of Natougou gold deposit in Burkina Faso after $147m takeover of Orbis Gold.

Gwen Preston - Resource Maven

Gold's up, gold's down, where is gold going now?

After an 8-week slide gold staged a nice rally last week. What will the yellow metal do now? I see reason to believe there's more room in this rally.

Why I have been buying this gold penny stock

CEO.CA | March 31, 2015

The stock does have some issues but I will explain those as well.

New developments in Asia will have more impact on financial markets than garbage rhetoric from the U.S. Fed.

David Levenstein | March 31, 2015
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The price of gold experienced its longest winning streak since 2012, last week as the price broke through the $1,200 level early Thursday and soared as high as $1,220 as Saudi Arabia launched airstrikes against Iran-backed Shiite militants in Yemen.

Sprott junior gold miners ETF launches on NYSE

GlobeNewswire | March 31, 2015

The goal of the ETF is to provide exposure to the Sprott Zacks Junior Gold Miners Index (NYSE:ZAXSGDJ), which seeks to outperform a passive, market-capitalization representation of junior gold stocks.

Tantalus Rare Earths AG: Board approves capital increase to finance pilot production at Tantalus rare earths project in Madagascar

Tantalus Rare Earths AG | March 31, 2015

The Management and Supervisory Boards of Tantalus Rare Earths AG have approved a capital increase against cash contribution with shareholders’ subscription rights.

IMF in favour of Zambia mining tax changes

Cecilia Jamasmie | March 31, 2015
IMF in favour of Zambia mining tax changes

But the fund warned that only further tightening of fiscal and monetary polices would contain the country's large deficits.

South Africa wants to settle mines’ black ownership in court

Cecilia Jamasmie | March 31, 2015
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The main point of contention is the fact that mining companies believe that once they reached a 26% black ownership, they effectively complied, no matter where the percentage is at now.

Chen Lin's secret to finding the next Goldcorp

The Gold Report | March 30, 2015
dusty, mining, above ground, trucks, machinery 333

In this interview with The Gold Report, he shares some of the insights from his recent travels and discusses three companies with potential to be the next Goldcorp.

UPDATE: Teck shares drop after denying merger talks

Frik Els | March 30, 2015
UPDATE: Teck shares drop after denying merger talks

Vancouver-based company contradicts earlier Bloomberg report saying it is in talks with Chile's Antofagasta about combining copper assets.

B.C.'s Brucejack gold mine approved; first since Mount Polley tailings dam failure

Vancouver Sun | March 30, 2015
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The B.C. government has approved Pretium’s $450-million Brucejack gold mine, the first mine approved since the collapse of the Mount Polley mine tailings dam last year. Read more…

Gold price falls back into red for 2015

Frik Els | March 30, 2015
Gold price falls back into red for 2015

Rally above $1,200 prove short lived with gold trading down 1.5% as save-haven buying dries up and investors move back into stocks, bonds and the dollar.

Jeb Handwerger: This could be the absolute bottom in the gold sector

Palisade Radio | March 30, 2015
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Jeb has come on Palisade Radio since its inception days, and has been a continuous firm believer in a strong precious metals rebound.

Visual Capitalist

INFOGRAPHIC: How America’s middle class has shrunk since 2000

Visual Capitalist | March 30, 2015

This interactive infographic shows how the middle class, median income, and affordability of housing has changed in each state since 2000.

Randgold considers acquisitions amid gold mining industry crunch

Cecilia Jamasmie | March 30, 2015
Randgold considers acquisitions amid gold mining industry crunch

CEO Mark Bristow said the current squeeze on the gold sector has created growth opportunities.

Brent Cook: "You want to identify the people and properties that can last through this bottoming period"

Sprott's Thoughts | March 29, 2015
brent cooke junior gold stocks

"The biggest mistake I see in the junior sector, is that the guys who are exploring…are just treasure hunting—a bunch of scientists out there on a treasure hunt, drilling holes, [just] to see what’s down there.”

Jordan Roy-Byrne – The Daily Gold

Support and resistance levels for gold, silver & miners

The precious metals complex has established a floor of support over the past five months. For Gold it is around $1150/oz and for Silver it is around $15.50/oz.

Central Banks paralysed

GoldMoney | March 28, 2015
bank vault door 3d view from safety room

Though the Fed would deny it, it is clear from the minutes of the last Federal Open Market Committee (FOMC) meeting that a rise in interest rates has been put off indefinitely.

Copper price falls as Chile brings 1.6mt back on line

Frik Els | March 27, 2015
Copper price falls as Chile brings 1.6mt back on line

Copper down nearly 2% as torrential downpour that shut many of the country's biggest mines is not expected to impact oversupplied market.

FOMC minutes turned the tide

GoldMoney | March 27, 2015

The Commodity Futures trading Commission’s (CFTC) Commitment of Traders Report released last Friday conveniently shows the positions of trading categories the night before the FOMC minutes were released.

$60 billion for mining private equity a myth

Frik Els | March 26, 2015
$60 billion for mining private equity a myth

Looking for an exit or a lifeline? Look further says $8 billion fund manager.

Gold price leaps past $1,200 on safe haven buying

Frik Els | March 26, 2015
Gold price leaps past $1,200 on safe haven buying

Gold price jumps nearly 2% as Egypt gets involved in Yemen conflict, but resurgent dollar cuts into gains in New York trading.

PHOTOS: Black market gold

Frik Els | March 26, 2015
PHOTOS: Black market gold

Email offer with pics of "perennial supply" of "superior quality" bars and dust. Seems legit…

Congo’s planned mining code changes 'too risky': miners

Cecilia Jamasmie | March 26, 2015
Congo’s planned mining code changes 'too risky': miners

The country's Chamber of Mines says the new code would send the mining industry back by at least 10 years.

JX, Mitsui Mining halt Caserones mine, to take a $421M write down

Cecilia Jamasmie | March 26, 2015
JX, Mitsui Mining halt Caserones mine, to take a $421M write down

The company said the suspension of operation at the copper is momentary, as northern Chile is being hit by torrential rain and snow.

Study: Dollar gyrations to light fire under gold price

Frik Els | March 26, 2015
Study: Dollar gyrations to light fire under gold price

Amid the greenback's best run since 1970s new WGC study reveals gold prices rise twice as much when dollar weakens versus declines during USD strength.

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