June 18, 2015

Gold price: Hedge funds scramble to cover 233 tonnes

Gold enjoyed one of its best days of the year on Thursday as hedge funds pick up ounces to cover massive short positions built up in recent weeks.

June 18, 2015

Geordie Mark focuses on miners making money at $1,200/oz gold

Much lower energy costs and the strength of the U.S. dollar mean that producers can and do make money at $1,200 per ounce gold.

June 18, 2015

Atna Resources’ pipeline puts it in position to soar

In this interview with The Gold Report, Hesketh explains how he intends to bring his company up to 100,000 ounces a year using primarily internal cash flow and how a…

June 18, 2015

Gold at a three-week high

Silver gains as well.

June 18, 2015

Mega Precious Metals Inc. announces shareholder approval of acquisition by Yamana Gold Inc.

Under the Arrangement, Yamana will, subject to the provisions of the arrangement agreement dated April 23, 2015 between Mega and Yamana (the "Arrangement Agreement"), acquire all of the outstanding shares…

June 17, 2015

Texas wants to store its own gold

$1 billion worth of repatrition.

June 17, 2015

Mick Davis outbid

X2 Resources still in race for Anglo's mines but "couldn't make the numbers work" for Barrick's Zaldivar with seven firms outbidding the $5 billion fund.

June 17, 2015

Platinum, palladium prices pounded again

Palladium enters bear market and platinum hits fresh six-and-a-half year low on worries over Greek debt crisis.

June 17, 2015

Watch Turkey for world’s next top gold projects –mining law, people, and infrastructure are improving: Han Ilhan, Aldridge Minerals

Turkey is partially located on a geological structure that may yield gold discoveries (Steve Todoruk, at Sprott Global Resource Investments, recently brought one project to our attention).

June 17, 2015

This quiet won’t last

It’s been a while since I wrote about the price of gold. Time to revisit the yellow metal – though to be honest, we haven’t missed much.