October 28, 2011

World’s largest gold coin unveiled in Australia

The biggest, heaviest and inherently most valuable gold coin in the world was unveiled by the Perth Mint, Australia's historic precious metals mint on Thursday.

October 27, 2011

Peter Schiff tangles with Wall Street “occupants”

As Occupy Wall Street protesters continue to linger around town squares across North America and Europe, precious metals commentator Peter Schiff wades into the maelstrom.

October 27, 2011

De Beers helping ex-workers become wind, abalone farmers, prison wardens and undersea gold miners

Mining Weekly reports De Beers is going all out to create 5,000 non-mining jobs in Namaqualand over the next five years as it exits a region on the South African…

October 27, 2011

Newmont announces record quarterly revenue of $2.7 billion, record quarterly operating cash flow of $1.3 billion

Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today reported consolidated revenue of $2.7 billion for the third quarter of 2011 and $7.6 billion year-to-date, as well as operating…

October 27, 2011

Colombia heats up as Beaty’s Lumina Capital buys into CB Gold

The Colombia junior exploration story generated more buzz Thursday as Beaty's Lumina Capital financed CB Gold. HALIFAX, NS - A financing fever continues to grip Colombia-focused juniors as Lumina Capital,…

October 27, 2011

Agnico-Eagle loss could be NioGold’s gain

When Agnico-Eagle was forced to shut down production at its Goldex mine in Quebec last month due to unstable ground conditions, many in the industry considered it a death-sentence for…

October 27, 2011

Management shake up and private placement at Cassidy Gold

Cassidy Gold Corp. ("Cassidy") (TSX VENTURE:CDX) announces that it will conduct a non-brokered private placement of up to 3,300,000 units of Cassidy (the "Units") at a price of $0.15 per…

October 27, 2011

Platinum undervalued but could reach $2,000 by end 2012

After the sell-off in Gold and Platinum in 2008, both precious metals rebounded strongly from the October 2008 low by about 100% with platinum leading the way until early August…

October 27, 2011

A gold mistake worth repeating

By Jeff Clark The following conversation took place between a friend’s son and me; he’s a bright but relatively young investor. He […]

October 27, 2011

Commodities and markets up higher on Eurozone resolution

After sensing that Europe's economic tailspin may have been halted, the markets and commodities opened higher. The S&P/TSX Composite index was up 2%, and the Dow Jones-UBS Commodity Index was…