Gold Mining News

Yet another new China gold production record in 2010

China, the world's largest gold producer each year since 2007, has further increased domestic gold production in 2010 with an 8.57% rise over the previous year's output.

Gold and silver are on the starting blocks 31 January 2011

A strange start to the year and a strange end to a volatile week, so we take a whiz across the air waves in order to get a ‘feel’ of whats going on, so this will be a mixed bag of data.

Gold and silver's daily review for 31st January 2011

Gold looked promising in Asia when it rose to the $1,338 level.

No End in Sight to Commodities Boom: Panelists

The bull market for commodities that made 2010 a banner year for mining and mining exploration is likely to continue throughout 2011, according to three panelists who addressed the question at a recent forum in Vancouver, Canada.

Ramelius' new drilling strikes visible gold at 2 WA gold projects

The Directors of Ramelius Resources Limited (ASX: "RMS") are pleased to advise that several new drill holes within the company's wholly owned Wattle Dam gold mine, and the Mt Magnet gold project, both located in WA, have intersected visible gold.

Yellowhead Mining: Harper Creek drill hole HC10-79 extends mineralization beyond previously identified eastern limit

Yellowhead Mining Inc. (TSX-V: YMI) is pleased to report the results from its fourth drill hole of the winter diamond drilling program.

Precious metals and the dollar’s next big move Part II

We have seen some exciting moves in the market and with the market sentiment so bullish it should make for a sharp sell-off in the coming weeks.

Philippines hoping for a Colombia-like repeat in its mining sector

There are more than a few explorations companies drilling holes in the Philippines these days, all with the quiet hope that the country soon finds favour with serious resource investors in the much the same way that Ventana Gold and others became overnight rock stars, if you will, with their projects in Colombia.

Palladium a hot metal favorite in 2011

First things first: North American Palladium has moved 51% higher over the past thee months. This is just one example of how palladium and platinum miners are substantially outperforming the broader market as sentiment has gone from bullish to “just buy the thing.”

Wow! What a week

This week the Gold market covered a $39.80 range, in which all but $1.10 occurred in today’s trading session.

Gold Forecaster – Why is the gold price going down?

Alongside the falling gold price we have watched shareholders in the U.S. gold ETF, SPDR selling nearly 100 tonnes of gold over the last few weeks.

Freeport's top 2011 priority–‘Capex, capex, capex'

Phoenix-based Freeport-McMoRan has reported reserves of 120.5 billion pounds of copper, 35.3 million ounces of gold, and 3.39 billion pounds of moly.

Gold settles $14.60 lower today…. ($1318.40)

Another negative session as gold trades a very volatile and choppy $37.60 range as lack of momentum and technical selling continue to put the pressure on the precious metals markets.

Gold and silver's daily review for 27th January 2011

Gold grew stronger overnight as high as $1,245 before pulling back to $1,334 ahead of the Fix. 

Canada: new gold mineralization found at Osisko's Barnat deposit

New mineralized zones found at Osisko's flagship property in the Malartic open pit gold mine, Quebec. Commercial production due in second quarter.

Gold settles 70 cents higher… ($1333.00)

Today’s Gold session covered a traded a very technical $13.40 range as traders awaited the results of the FOMC 2 day meeting.

Gold Forecaster

Does it make a difference if a Central Bank buys local production or on the international market?

Gold and silver's daily review for 26th January 2011

Gold bounced off the low $1,320 while the euro continued to rise.

Nautilus Minerals confirms high grade gold mineralisation

Toronto, Ontario--(Marketwire - Jan. 25, 2011) - Gold grades of up to 20.8 g/t and copper grades of up to 37.7% have been confirmed in assay results from seafloor drilling at the Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) Solwara 1 project in the Bismarck

Gold and silver's daily review for 25th January 2011

Gold continued to fall in both the dollar and the euro [$1,332.8 and €976.20] with no support coming out of Asia. 

Gold up-date January 24, 2010

Gold provides a perfect way to protect your wealth and diversify your investment portfolio

Vista Gold fights back against 'misleading media coverage'

Vista Gold, attempting to permit an open-pit gold mine in the Baja, released a statement criticizing the media coverage of the Concordia gold project. According to the Toronto Star, Vista Gold is attempting to develop in […]

Gold settles at $1341.00 for the week…………

This week the Globex February Gold market traded a very choppy and volatile $41.90 as better than expected U.S jobless data is helping to fuel optimism concerning the U.S economy.

Gold and silver's daily review for 24th January 2011

Before New York opened the gold price stood slightly higher in both the U.S. dollar and the euro.

Chris and Michael Berry: Correction Will Be Short-Lived

Correction? What correction? Chris Berry, founder of House Mountain Partners, and Michael Berry, publisher of Morning Notes and, think the 2011 price correction in precious metals is nothing but a passing fancy, and that […]