February 29, 2012

Sanctions-hit Iran to accept payment in gold from trading partners

Iranian news agencies on February 29 quoted Central Bank Governor Mahmud Bahmani as saying that "each country can pay using its own currency" and that "if a country should so…

February 29, 2012

Galahad Metals amends private placement

Galahad Metals Inc. ("the Company), (TSX VENTURE:GAX) announces that, subject to TSX Venture Exchange (the "Exchange") approval, the Company has increased the previously announced non-brokered financing from 5,000,000 units to…

February 29, 2012

Rubicon nets $200M to build new gold mine in Ontario

Rubicon crosses key threshold towards building its Phoenix gold project in the Red Lake district through a financing that has pulled in enough cash to cover estimated CAPEX in full.

February 29, 2012

DIOS Updates Shadow-LeCaron Diamond-Gold Project Results

MONTREAL, QUEBEC--(Marketwire - Feb. 29, 2012) - Management of DIOS EXPLORATION (TSX VENTURE:DOS) is pleased to update Shadow-LeCaron gold-diamond project results, in the Emerging Opinaca-Eastmain 1 Gold Camp, 350 km…

February 29, 2012

BCGold Corp. discovers new high-grade gold zone and plans bulk sampling at Engineer Mine, B.C.

BCGold Corp. (TSX VENTURE:BCG)(PINKSHEETS:BCGOF) (or the "Company") is pleased to announce the discovery of a new, high-grade gold shoot ("505-3 Shoot") at the Engineer Mine Property. This discovery was made…

February 29, 2012

A fall in the gold price could boost India’s financial system: Reserve Bank

Rather than drastically change or destabilise the Indian financial market, a correction in the price of gold could actually mitigate financial stress, a paper by India's central bank has noted.

February 29, 2012

Happy day: Silver hits 5-month high, gold attempts $1,800 and Dow scales 13,000

Silver’s gains for 2012 now stands at over 30% while gold added more than 180/oz in January and February. The last time the Dow closed above 13,000 was in May…

February 29, 2012

Jewelers want platinum for Asians after gold vaults

Platinum is luring jewelers away from gold after investors’ purchases of bullion to escape market turmoil pushed prices to records.

February 28, 2012

Gold and silver stocks poised to recover in 2012: Charles Oliver and Jamie Horvat

Opportunities abound across the spectrum of precious metal equities, which remain undervalued as bullion prices continue their upward trends.

February 28, 2012

Copper Fox reports 2011 annual financial results and a corporate update

During the year, Copper Fox acquired additional mineral tenures around the Schaft Creek project, completed a large Titan-24 DCIP& MT survey, purchased shares in Liard Copper Mines, completed metallurgical test…