July 31, 2011

Soaring demand spotlights secret NY gold hoard

If there's one place a James Bond villain -- or even some actual governments -- would love raiding today, it's the basement of a somber building in lower Manhattan: the…

July 31, 2011

Rex Minerals copper and gold prospect upgraded 25pct

ABC reported that exploration company Rex Minerals has upgraded by 25% the size of a proposed copper and gold mine near Ardrossan, Alberta, Canada.

July 31, 2011

Europe’s elusive gold reserves: Are Greece, Portugal sitting on billions of dollars?

Europe’s elusive gold reserves: are Greece, Portugal sitting on billions of dollars? The first thing any insolvent private person is forced to do is relinquish the family silver. But other…

July 31, 2011

U.S. debt ceiling crisis only a minor player in gold and silver prices

Right now the markets are really starting to wind up over the debt ceiling confrontations. The weekend of U.S. political strife is on the world. It is so easy for…

July 31, 2011

HSBC to begin trading in gold in Shanghai Futures Exchange

HSBC, the leading bank with operations worldwide, has become the first foreign bank in China to be given membership in Shanghai Futures Exchange and would start trading in gold futures,…

July 31, 2011

Mexico ups gold reserves by over 90 tonnes in two months

Mexico massively ramped up its gold reserves in the first quarter of this year, buying over $4 billion of bullion as emerging economies move away from the ailing U.S. dollar,…

July 31, 2011

Libya holding huge gold reserves, IMF data shows

Libya has declared gold reserves worth more than $6bn at current prices, thought to be held largely at home. The reserves are substantial, ranking in the global top 25, according…

July 31, 2011

Gold Fields fatalities at KDC Mine

Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce the death of two employees at the Number 7 Shaft at its KDC East (formerly Kloof) mine…

July 31, 2011

AuRo Resources closes White Gold transaction and commences exploration on key properties

AuRo Resources Corp. (TSX VENTURE:ARU)(FRANKFURT:NXP3) announced that its acquisition of all of the issued and outstanding securities in the capital of White Gold Corporation ("White Gold") has closed.

July 31, 2011

Striking S.African coal and gold miners to meet the Chamber of Mines in separate talks on Monday

Striking S.African coal and gold miners will meet the Chamber of Mines in separate talks on Monday in a bid to end stoppages that have cost Africa’s largest economy tens…