February 16, 2012

Centerra Gold Kumtor workers returning to work

Centerra Gold Inc. (TSX:CG) announced today that an agreement has been reached with the Kumtor Trade Union and that the unionized employees at Kumtor are returning to work, following a…

February 16, 2012

Condor Resources Inc.: San Martin Drilling Intersects 12.1m of 63.9 g/t Ag and 6.15m of 0.54 g/t Au in Second Drill Hole

Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to announce that results of the second and third diamond drill hole at the Company's wholly-owned San Martin project…

February 16, 2012

Will gold cleanse the world from dirty fiat currencies?

On Wednesday, precious metal prices climbed higher as European finance officials considered delaying parts or even all of a second bailout package for Greece.

February 16, 2012

Teras Continues to Expand Gold and Silver Mineralization at Its Cahuilla Project

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA): is pleased to announce the receipt of additional assay results from its reverse circulation drill program at the Cahuilla gold-silver project…

February 16, 2012

Goldgroup expands Caballo Blanco indicated mineral resources by 314%

Goldgroup Mining Inc. (TSX: GGA) ("Goldgroup" or "the Company") is pleased to announce the updated National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate (the "Technical Report") for its flagship…

February 16, 2012

Barrick Gold’s profit growth lower than expected

Barrick Gold Corp. (TSX:ABX), the world’s biggest gold miner, announced that profit slipped in the fourth quarter as the company booked US$153-million in various after-tax charges tied to redundant power…

February 16, 2012

Despite losses, Kinross hikes dividend by a third

Kinross Gold (TSX:K) lost $2.78 billion in the fourth quarter, having been forced to writedown the value of its Tasiast project in Africa.

February 16, 2012

Crane logistics group gets A$100 million Olympic Dam contract

Boom Logistics, Australia's leading provider of crane logistics and related industrial services, has confirmed that following a competitive tender process, it has secured a five year contract to supply crane…

February 16, 2012

Gold, silver heading up: Roger Wiegand

Roger Wiegand, editor of Trader Tracks, says cycles will bring gold and silver higher in the first half of 2012: gold up to $2,050/oz and silver up to $44/oz or…

February 15, 2012

Doug Casey: Is a US-Iran War Inevitable?

US-Iranian saber-rattling or impending shoot-out?