August 4, 2011 Gold and silver are firing on all cylinders After an eight day losing streak, the Dow (NYSE:DIA) found a way to close the day higher on Wednesday. The S&P (NYSE:SPY) closed higher at 1,260, […]
August 4, 2011 High Desert Gold discovers new areas of gold/silver mineralization at its Mexico project High Desert Gold Corporation announced on Thursday that the Company has identified two new areas of high-grade gold/silver and base metal mineralization, and a third area of skarn mineralization, at…
August 4, 2011 AngloGold says gold market is entering “a perfect storm” AngloGold Ashanti reported record quarterly profits on Thursday of $342 million, up a whopping 68%, boosted by the precious metal's longest winning streak in almost a century. The world’s third-largest…
August 4, 2011 Newcrest reports helicopter crash in Indonesia, 9 dead, work suspended Newcrest Mining suspended work at its Gosowong gold mine in Indonesia on Thursday after it said nine people, mostly mine workers or contractors, were killed when a helicopter crashed en…
August 4, 2011 ‘Gold Cartel’ losing, price to top $3,000: Association The price of gold could almost double as central banks' reserves are depleted, according to the chairman of a gold industry association. "You could see $3,000 to 5,000 to clear…
August 4, 2011 New Gold profit jumps, keeps cash costs at $400/oz New Gold, which owns mines in Mexico, the US and Australia, and is also developing projects in Canada and Chile said second-quarter earnings rose to $49.8 million from a year-earlier…
August 3, 2011 Gabriel Resources has $175 million war chest for ancient Roman gold mine Gabriel Resources announced on Wednesday that it has accumulated over $175 million in cash and equivalents to move ahead its gold mining project in Transylvania in an area where tunnels…
August 3, 2011 Gold Isn’t the Big Trend The Motley Fool reports in a December 2009 interview, with gold around $1,150 per ounce, the Bank of Korea's Lee Eung Baek said to Bloomberg: "There's an illusion in gold.…
August 3, 2011 Peru’s metal output falls across the board, silver down 22% Production of Peru's gold, copper, silver and zinc fell in June, continuing a trend of lower output this year, the The Ministry of Mines and Energy said Wednesday. Silver production…
August 3, 2011 Investors funnel $3.5 billion into gold ETFs in June Investors who were nervous about the looming debt ceiling showdown poured $3.5 billion in July into exchange-traded funds that own gold, according to fund tracking website IndexUniverse.com. The biggest gold…
Striking workers disrupt access to Chile’s Escondida, Zaldivar copper mines The workers, who have been on strike since the beginning of the month, have launched intermittent blocks in the La Negra industrial sector. January 23, 2026 | 01:33 pm