Gold Top Stories

Rising gold price not lifting all boats

Two major gold stocks shot up by more than 40%…

Correction over, gold and gold stocks eyeing new highs

One minute you are projecting another 5-10% downside and the…

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Gold likely to underperform other metals in 2011 – Eibl

Gold has risen every year of the last ten and, after a short breather in January, seems to be continuing its rise. But, while many investors still view gold as the ultimate safe haven in times of change and unrest, there are some that believe returns may be better elsewhere.

Taseko makes new bid for Prosperity

Taseko Mines submitted a new plan for its Prosperity project on Monday, saying it has addressed environmental concerns that saw its last plan rejected by the Canadian federal government.

Quebec Cree sign agreement with Goldcorp

The Cree Nation and Goldcorp Inc. have signed a cooperation agreement over the Éléonore gold project in the province of Quebec, Canada. Under the agreement, signed on Monday, Goldcorp recognizes Cree rights in the area surrounding the project, and the Cree support the rights of Goldcorp. to develop the property in traditional Cree territory.

Claude releases new resource numbers for Amisk gold project

Canadian gold company Claude Resources Inc. has published a resource estimate for its Amisk property, located in northeast Saskatchewan about 20 kilometres from Flin Flon, Manitoba. The independent mineral resources statement shows indicated resources of 30,150 tonnes graded at 0.85 g/t gold and 6.17 g/t silver, and 28,653 tonnes inferred at 0.64 g/t Au and 4.01 g/t silver.

Net income rises 57 percent for Barrick Gold

Barrick Gold reported on Thursday that net income in the fourth quarter was up 57% to US$947 million or 95 cents a share, a record result for the world's-largest gold miner. In the same quarter in 2009, Barrick reported US$604 million net income or 61 cents a share. The company produced 1.7 million ounces of gold at a total cash cost of $486 per ounce. Gold production in 2011 is expected to be similar to 2010.