Gold News

Gold mining, investment and price news

Vancouver junior jumps after bulking up West Africa project

Frik Els | October 21, 2014
True Gold jumps after bulking up Burkina Faso project

Preliminary assessment of one-year old blind gold discovery at True Gold's Karma property adds $118m in after-tax free cash flow to Burkina Faso project.

Citibank acquires Deutsche commodities trading book

Cecilia Jamasmie | October 21, 2014
Citibank acquires Deutsche commodities trading book

Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.

Gold price: ETF investors, hedge funds catch up to rally

Frik Els | October 20, 2014
Gold price: ETF investors, hedge funds catch up to rally

Physical gold-backed ETFs enjoy inflows for the first time in five weeks,while hedge funds add to bullish positions after eight weeks of reductions.

An ebola Armageddon could trigger a rebirth in gold and silver prices: Eric Sprott

The Gold Report | October 20, 2014
Gold, silver prices rise as dollar retreats

Could an infectious disease kill the monster that has been choking gold and silver prices for more than a year?

Global unions converge in Mongolia in campaign for Rio Tinto workers’ rights

IndustriALL Global Union | October 20, 2014

Leaders of IndustriALL Global Union’s Rio Tinto Network will gather in Mongolia on 22 October to plan the next moves in the worldwide campaign to improve worker rights at the mining giant.

Barrick comes home

Barrick is ‘coming home’ to the state that helped make the company : Nevada.

Gold Fields Q3 2014 guidance update

Gold Fields Limited | October 20, 2014

Gold Fields remains on track to achieve its production guidance for the full-year 2014, of approximately 2,200,000 ounces of gold equivalent production.

One of these five companies will run the gold fix

Cecilia Jamasmie | October 20, 2014
One of these five companies will run the gold fix

Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental Exchange, the London Metal Exchange and broker ICAP's online platform EBS will present their proposals this Friday.

Mining investment in Kazakhstan to reach $30bn by 2017

Cecilia Jamasmie | October 20, 2014
Mining investment in Kazakhstan to reach $30bn by 2017

The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.

In wake of Mount Polley, union wants new BC safety regime

The Tyee | October 19, 2014

The union representing many miners in B.C. is warning about worker safety in the industry.

Why SLV is now a great investment

Seeking Alpha | October 19, 2014

With the iShares Silver Trust (NYSEARCA:SLV) at $16 and change and falling, the precious metal is a pretty unpopular investment right now. But it's actually one of the best buying opportunities in the last 10 years.

Jordan Roy-Byrne - The Daily Gold

Leading indicators for gold’s turnaround

It’s safe for the time being but we believe that Gold will ultimately break back below $1200 and below $1100 before the end of the already long in the tooth bear market.

Extreme PM shorting peaks

The world’s financial markets are changing dramatically with the Federal Reserve on the verge of ending its third quantitative-easing campaign.

CHART: Gold price vs dollar shows true extent of rally

Frik Els | October 17, 2014
CHART: Gold price vs dollar shows true extent of rally

Based on past performance of the gold price relative to trade-weighted dollar index, gold should be touching $1,000 an ounce now.

Gold benefits from market uncertainty

GoldMoney | October 17, 2014
Resource market in good shape feat

After a prolonged period of low volatility as funds invested in ever-greater risk, markets have snapped and volatility has jumped.

Visual Capitalist

INFOGRAPHIC: a year's worth of resources in BC

Visual Capitalist | October 17, 2014
autumn in the canadian northwest territories along ogilvie river and mountains

In response to popular demand from our home province of British Columbia, today we visualize the amount of natural resources extracted from BC each year.

Chilean authorities divided over Goldcorp's $3.9bn El Morro mine

Cecilia Jamasmie | October 17, 2014
Chilean authorities divided over Goldcorp's $3.9bn El Morro mine

The country’s environmental authority criticized the Top Court decision saying the miner conducted proper consultation with local indigenous groups and shouldn’t have to do it again.

Platinum, palladium price-setting technology ‘optimum’ for gold: LME

Cecilia Jamasmie | October 17, 2014
Platinum, palladium price-setting technology ‘optimum’ for gold: LME

The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.

Gold’s revival drives ETF volatility to 11-month high

Bloomberg | October 16, 2014
banking_vault_gold_money_trade

As demand for gold rebounds amid the global rout in equities, the metal’s climb to a one-month high may not be the best gauge of the new-found buzz in a market that had been dormant for most of 2014.

Gold weaker but fear limits downside

Kitco | October 16, 2014
Nickel price rally still has a long way to go

Gold futures prices ended the US day session moderately lower Thursday, on some backing and filling on the charts after prices Wednesday hit a five-week high. However, the keen trader and investor anxiety in the world market place did limit selling interest in safe-haven gold.

How big miners are reliving the late 90’s bust: Steve Todoruk

Sprott Thoughts | October 16, 2014
Sprott Y2K

It looks like the late 90’s are back in vogue in the mining industry.

Peter Schiff - Euro Pacific Capital

Governments need inflation, economies don't

In an article in the UK's Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea.

BHP bows to pressure, to list spinoff in London

Cecilia Jamasmie | October 16, 2014
BHP bows to pressure, to list spinoff in London

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.

Was Rick Rule wrong to call a rout in resource juniors?

Sprott Thoughts | October 15, 2014
finance_trader_wait_delay_train

Many commentators had predicted that mediocre junior exploration companies would de-list or die off this summer.

100-YEAR CHART: Gold price vs Dow Jones shows metal still cheap

Frik Els | October 15, 2014
100-YEAR CHART: Gold price vs Dow Jones shows metal still cheap

Gold price hits 5-week high Wednesday as stocks drop but gold's gains could've been greater if not for strong dollar.

H.C. Wainwright analyst Jeff Wright names three companies that could turn the gold trend upside down

The Gold Report | October 15, 2014
drill_drilling

Fans of gold have been following Federal Reserve Board announcements for any sign of relief, but H.C. Wainwright & Co. Analyst Jeff Wright says change may be a long time coming.

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