August 7, 2012

Sphere Resources subsidiary Spartan Gold Ltd commences its 2012 exploration program at Poker Flats and Ziggurat Properties Nevada, U.S.A.

The first step is to complete a CSAMT/IP survey of the Poker Flats property, in addition, Spartan will establish immediate drill targets on the identified areas at Poker Flats.

August 7, 2012

Roxgold announces initial resource estimate and drill results

The results from the the Burkina Faso-based project show an initial resource estimate of 617,000 tonnes of indicated resource grading 17.8 grams per tonne gold containing an estimated 354,000 ounces…

August 7, 2012

Anconia Resources begins drilling at its MARCE occurrence in Nunavut Territory

The company has commenced a drilling program of up to 1500 meters, on the MARCE occurrence. The planned drill program will test the extent of the MARCE occurrence and conductor…

August 6, 2012

Is this why the call it the devil’s metal? Outcome of CFTC silver price rigging probe murkier than ever

On Monday conflicting reports about the outcome of a four-year old probe into possible price manipulation of silver left investors perplexed about the future trading direction of the precious metal.

August 6, 2012

BHP’s $3 billion write-downs ‘a warning sign’

The boss of listed investment company Argo Investments, has expressed concern over the $3 billion in write-downs at BHP Billiton, saying he fears there may be more to come.

August 6, 2012

AngloGold Ashanti wants to buy more small miners

AngloGold’s completion of five small, but high-value-yielding acquisitions over the past four years was expected to add about 700 000 oz/y to its production profile at about two-thirds of the…

August 6, 2012

Why junior gold stocks are still the place to be: Edward Karr

Edward Karr, CEO of Geneva-based RAMPartners, favors a disciplined, patient and steady approach to investing in junior gold mining companies.

August 6, 2012

Augusta Resources off to the races after environment permit granted for massive Tucson copper mine

Augusta Resource jumped more than 10% on Monday after announcing it has received an air quality permit for its Rosemont mine in Arizona which could by itself account for about…

August 6, 2012

No project delays and capex freezes here: China’s biggest gold miner is growing at 60%

China's number one gold producer said Monday first-half revenues surged 61.4% to $7.8 billion compared to 2011 and should exceed $15.5 billion for the full year.

August 6, 2012

Commodities speculators lift wagers in longest streak on record

Speculators increased wagers on commodities for an eighth consecutive week, the longest streak on record, just before a report on U.S. job growth sparked the biggest price rally in a…