February 8, 2012

Over the hedge: Yukon-Nevada signs $20 million deal with Deutsche Bank at $716/oz

Yukon-Nevada Gold Corp. (TSX: YNG) on Wednesday announced a forward gold purchase agreement with Deutsche Bank's London office for $20 million. Yukon Nevada says it will deliver 27,950 ounces of…

February 8, 2012

Goldcorp chairman denies implication in insider trading scheme

Ian Telfer, one of Canada’s most well-known mining executives and chairman of Goldcorp Inc. (TSE:G), denied yesterday’s Ontario Securities Commission (OSC) allegations that connect him with an alleged illegal insider-trading…

February 8, 2012

Massive rise in China gold imports in 2011 – policy controlling the price

China continues to see rising gold consumption with a virtual tripling of gold imports through Hong Kong in 2011, but demand in December appears to have stuttered ahead of the…

February 8, 2012

Expansionary central bank monetary policy to propel gold

According to David Levenstein, the continued printing of money at unprescedented rates will lead to currency debasement and should boost precious metal prices.

February 8, 2012

Eurasian Minerals and Bullion Monarch Mining Enter Into Merger Agreement

Eurasian Minerals Inc. (TSX VENTURE:EMX)(NYSE Amex:EMXX) ("EMX") and Bullion Monarch Mining, Inc. (OTCQB:BULM)(FRANKFURT:BMJ) ("BULM") are pleased to announce that they have entered into a definitive agreement (the "Agreement") with respect…

February 7, 2012

Nevsun shares plunge 30% after slashing 2012 guidance

Shares in Nevun Resources Ltd. fell off the cliff this morning after the company issued a press release saying its 2012 production estimate from its Bisha copper-gold mine in Eritrea…

February 7, 2012

Orezone to Consolidate Brighton Energy Corporation

Orezone Gold Corporation (TSX:ORE) announces that it plans to enter into definitive share exchange agreements (the "Share Exchange Agreement") with the minority shareholders of its 67% owned uranium subsidiary, Brighton…

February 7, 2012

Gunmen kill Indonesian police officer near Freeport-McMoRan’s gold, copper mine

Unidentified gunmen have killed a police officer near the U.S. company Freeport-McMoRan’s gold and copper mine in eastern Indonesia.

February 7, 2012

The expansionary monetary policies of central banks will be one of the key catalysts that will propel the prices of gold and silver much higher.

Gold prices continued to advance last week as more investors around the world gradually become more aware of the fragility of the […]

February 7, 2012

Bubbles come, bubbles go

Most money is made during the latest phases of any bubble, as price goes nearly vertical.