July 27, 2011

Gold breaches $1,625, US downgrade ‘almost certain’

Gold bullion prices set a new intraday record of $1,625 per ounce in Wednesday's Asian trade – 1.5% up on Friday's close – before easing back slightly after London opened.…

July 27, 2011

Inflows into precious metals ETFs roaring back

While commodities ETFs - led by precious metals funds like the SPDR Gold Trust (GLD) and the iShares Silver Trust (SLV) - are hot, currency ETFs are even hotter. Flows…

July 27, 2011

Jayden reports first 2011 silver coin drill results: 2.67 g/t gold over 16.4 meters including 10.7 g/t over 3.0 meters in hole SC11-341

Jayden Resources Inc., ("Jayden" or "the Company") (TSX:JDN) is pleased to announce assay results from the first 17 holes received from its planned 100 hole - 15,000 meter drilling program…

July 27, 2011

Lure for gold ore fuels child deaths in Zamfara

The tide of deaths of infants and young children from an outbreak of lead poisoning in Zamfara State, in North West Nigeria did not come like a thief in the…

July 27, 2011

Poll: India gold seen powering to another high

Gold had recorded its earlier all-time high on April 30. "Major factors in the coming quarters could see gold rising as high as USD 1,650 (an ounce) by 2011 end.…

July 27, 2011

Avocet buying back its gold hedge book

UK-based West African gold miner, Avocet Mining says it has bought back 20% of its gold hedgebook to take advantage of anticipated higher gold prices. West African-focused Avocet Mining said…

July 27, 2011

Copper mine ‘could rival Olympic Dam’

REX Minerals has forecast more copper from its Hillside project in SA, releasing a blueprint for a 12-year mine to almost rival Olympic Dam in size. "The conceptual study supports…

July 27, 2011

Gold hits record high on debt stalemate

Gold hit a new high on Monday as concern deepens about the drawn out stalemate on US debt negotiations.

July 27, 2011

Silver price hits 11-week high

Silver Investing News spoke with Jason Goulden, V.P. of Research at Metals Economics Group, and with Michael DiRienzo, Executive Director of The Silver Institute, about the factors currently playing a…

July 27, 2011

Looming strike hits shares of gold producers

Gold mining shares fell yesterday as strikes loom in the sector. AngloGold Ashanti lost 3.13 percent to R293.27, Harmony Gold slid 2.78 percent to R94.30, and Gold Fields fell by…