December 28, 2011

Globalisation of China’s yuan widens – gold to reclaim role

The latest moves towards trade in Chinese yuan sounds the early death knell of the dollar as the world's global reserve currency with gold likely to return to the monetary…

December 27, 2011

The largest storage dome in South America, constructed over an operating stockpile

Located at over 4,000 meters above sea level in the Altiplano of the Andes Mountains, the San Cristobal Mine is the largest mine in Bolivia. The open-pit silver, lead and…

December 27, 2011

Crumbling confidence in government and banks will continue to propel precious metals

The current bull market in precious metals is set to hit new heights in the coming years, but many financial types still do not fully grasp the implications of what…

December 27, 2011

Gold drops to 1-week low as Europe woes damp commodities demand

Dec. 27 (Bloomberg) -- Gold fell, declining to the lowest level in a week, on concern that Europes debt crisis may escalate, boosting the dollar and damping demand for commodities.…

December 27, 2011

China cracks down on gold exchanges

Governments hate competition. Due to record breaking gold prices this year, more unauthorized gold exchanges have been created to capitalize on gold fever.

December 27, 2011

Gold falls on technical selling, volume weak

Gold fell on Tuesday but remained range-bound around $1,600 as investors stayed on the sidelines in the final week of the year, subdued by concerns about the euro zone debt…

December 27, 2011

Shanghai Construction to Buy African Gold Mine

(SinoCast Daily Business Beat via COMTEX) -- Shanghai Construction Group Co., Ltd. (shse:600170) announced on December 27 that its board allowed China Shanghai (Group) Corporation for Foreign Economic & Technological…

December 27, 2011

Fundamentally, the outlook for precious metals has never been better…more

After the sharp drop in precious metals recently, many people (including me) wonder what will happen next with Gold & Silver (& other PM's). To be honest, I don't know…

December 27, 2011

Santa Fe Gold obtains financing to move forward with Columbus Silver acquisition

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 27, 2011) - Columbus Silver Corporation (TSX VENTURE:CSC) ("Columbus Silver") is pleased to announce that Santa Fe Gold Corporation (OTCBB:SFEG) ("Santa Fe") has announced it…

December 27, 2011

New partial roasting process to purify contaminated copper and gold concentrates

Outotec has come up with two new roasting processes for eliminating impurities from copper and gold concentrates.