Gold Mining News

Gold Closes $6.20 Higher Today… ($1159.60)

Today’s Gold traded a very choppy and technical range.The session primarily traded between the pivot and resistance levels most of the day. Stocks, metals ,and the energies all benefited from better than expected corporate earnings […]

Are Precious Metals Stocks Likely to Plunge From Here?

This essay is based on the Premium Update posted on April 9th, 2010 In our previous essay, we've stated that a small correction [in gold] may be likely very soon, and since that his is what we've seen very […]

Once Gold Closes Above $1,162 An Ounce, The Lid Comes Off!

April 14, 2010 by Editor · Leave a Comment I think gold is a win-win investment because it’s now knocking on the door of its next rocket ride higher. In further edited excerpts from the original article* Larry […]

Musicla Chairs

INTC beat earnings yesterday and this morning the market is loving it. Cramer is wildly bullish. BUY, BUY, BUY! Unfortunately INTC has a history of marking turning points. Let's just say that buying the gap […]

The IMF Creates Another US$500 Billion Out Of Thin Air

Gold was down about five bucks in Far East trading yesterday… with the low coming at the London a.m. gold fix around 10:30 a.m. local time.  From that low, gold rose until 9:00 a.m. in […]

ABB commissions world’s largest high pressure grinding roll (HPGR) drive system

ABB, the leading power and automation technology group has successfully commissioned the world’s largest high pressure grinding roll (HPGR) drive system for the Boddington Gold Mine Expansion project in western Australia.Newmont Mining Corp., America’s biggest […]

Metso to supply grinding equipment to Kinross Gold, Brazil

Metso will supply a complete ball mill and related equipment and services to Kinross Gold Corporation for its Morro do Ouro Mine in Paracatu, located 230 km south from Brazil’s capital Brasília. The delivery will […]

Chart of the Week: Gold’s Breakout

We continue to be encouraged by the price action of gold in the face of a strengthening U.S. dollar. Typically, gold and the dollar move in opposite directions, but so far this year gold is […]

Harmony Gold to Become Producer

By Claire O'Connor MidasLetter.com Tuesday, April 13, 2009The brand spanking newly-established Harmony Gold Corp. (TSX.V: H) has assembled a veritable A-Team amongst its Board of Directors to guide the fledgling company towards its goal of […]

New Mine Development on SupplyMine – Andash

The Andash gold-copper property is located in the Talas Valley in the North West of the Kyrgyz Republic on the border with Kazakhstan and covers an area of 53 sq km. The mine design for […]

IT'S 2007 ALL OVER AGAIN

Several weeks ago I speculated that we were "On the brink of an asset explosion" . So far events are unfolding about as expected. I might even say they are moving more aggressively than I thought. […]

Peak Gold and Inflation: A Perfect Storm

The inexorable onset of accelerating inflation, matched with a global decline in gold production, will underpin high-flying gold prices for years to come. So says John Embry, a world-renowned long-time gold advocate and the chief […]

What Happened to the Manipulation?

Let me apologize in advance but I just couldn't resist. If the gold market is manipulated like so many people want to believe, then how in the world did they let gold rally 10 out […]

How to be Disciplined Trading Gold with Cycles Analysis

Trading can be a lot of fun and profitable or a nightmare and very costly. It really just comes down to understanding the key areas, which will make or break your trading. I have received […]

Gold Extends Gain to Four-Month High as Dollar Drops Verus Euro

By Pham-Duy Nguyen April 12 (Bloomberg) — Gold futures rose, extending a rally to a four-month high, as the dollar’s drop boosted the appeal of the precious metal as an alternative asset. The greenback fell […]

Canaco Ramps Up Drilling in Tanzania

By Claire O'Connor On September 28th 2009 Canaco Resources (TSX-V: CAN) drilled their 3rd most successful drill hole in 3 years on their Magambazi gold prospect located in the Handeni region of the United Republic […]

Gold set to re-test all time high of USD1225 in the next few weeks.

"Hello out there. Have you been watching the price of gold lately?" In dollar terms the gold price is now about 5 percent below its all time high, but the weakness of the pound and […]

Gold Prices Move Higher As The European Union Dithers

www.SKoptionstrading.com We'll kick off with a snippet from The Economist in an article they published entitled: 'The Wax Melts' dated 8thApril 2010: GEORGE PAPANDREOU may have spoken too soon. On April 6th, just three days […]

Gold & Index Day Trading Signals & Video

It's been a relatively slow day in the market as Fridays usually are. I am most likely sounding like a broken record about gold and the indexes but I will show you again just to […]

World Demand Fuels Precious Metals Rally

Monday, April 12, 2010—Despite the continued U.S. dollar’s strength, it has become very evident the gold market has gained mass appeal for investors worldwide, especially in light of the ongoing European debt crisis. The debt […]

Another Ishigaki LASTA MC fully automatic filter press for Gammon Gold

The highly successful LASTA MC (mining concentrate) filter press distributed by Micronics is successfully dewatering mine tailings and mineral concentrates throughout the world. A proven work horse in extreme environments operating 24/7, there are over 100 machines in service worldwide many with over 20 years of trouble free operation. The recent repeat order for Gammon [...]

Xrosswater completes walkways for Debswana Jwaneng Mine and Koza Gold in Turkey

Walkways included 810 m in Botswana Diamond mine, built on a tailings berm with anchors and 300 meters with pump platform installed at a Gold Mine in Eastern Turkey…Read Full Press Release

Steve Palmer: Rare Earth Opportunities

Source: Tim McLaughlin and Karen Roche of The Gold Report 4/9/10 http://www.theaureport.com/pub/na/6039 New technologies are pushing up the demand for rare earths. Steve Palmer, president and CEO of AlphaNorth Asset Management, says the rare earth […]

Gold Settles $9.00 Higher … ($1161.90)

The demand for gold bullion continues to drive the market. It was reported that Greece once again had its credit rating dropped today forcing investors into safer havens (tangible assets) primarily gold. There is a sense of urgency […]

World Demand Fuels Precious Metals Rally…

Once again this week provided plenty fuel to extend the recent rally in the precious metals. The debt crisis continues to be the engine that is driving the global economy and has investors heading into […]