October 25, 2011

Bear Flag Failure

The week was a wild one with lots of choppy action in the indices as was to be expected as bases build here nicely.

October 25, 2011

Taku Samples Up to 2.6gpt Gold in Soil on Montana Property in Yukon

Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce follow-up deep auger-type, soil geochemical survey results completed over the 292-claim (6,065 hectare) Montana property in mid-August 2011. The…

October 25, 2011

Russia’s Polyus Gold delays FTSE 100 listing

The company, controlled by billionaires Mikhail Prokhorov and Suleiman Kerimov, has decided to put its plans to secure a possible entry to the FTSE 100 on hold after failing to…

October 25, 2011

Ghana should increase mining tax to gain revenues – IMF

The International Monetary Fund says Ghana stands more to gain should it choose to explore ways of taxing its mining sector to generate revenues. ACCRA (Reuters) - Ghana, Africa's second…

October 25, 2011

Gartman contemplating gold buy back

In his latest newsletter the much-followed independent investor, said that he is prepared to buy back the gold he sold last week because the yellow metal has returned to those…

October 25, 2011

High prices could see Indian gold imports fall as much as 30% this month

According to the Bombay Bullion Association, imports of the yellow metal could drop to as low as 70 metric tons as higher prices keep buyers away (Bloomberg) - Gold imports…

October 25, 2011

Company seeking permission for first gold, silver mine in Scotland in 500 years

Gold mining in Scotland? Acch, you don't say. The BBC is reporting that Scotgold Resources Limited (ASX:SGZ) is seeking to develop Scotland's first commercial gold mine in Loch Lomond National…

October 25, 2011

Gold Anomaly Limited (ASX:GOA) Crater Mountain Project Update, PNG

Gold Anomaly Limited (ASX:GOA) is pleased to announce results from its latest hole completed at the Nevera Prospect at Crater Mountain, PNG.Hole NEV025, which was drilled into the "Main Zone"…

October 25, 2011

Capital Drilling wins new exploration drilling contracts in Egypt and Tanzania

Capital Drilling Ltd, the emerging and developing markets drilling company, has further contract wins and extensions, for Centamin Egypt, African Barrick and Thani Dubai Mining. These new contracts have increased…

October 24, 2011

Does Caterpillar build a bullish scenario for gold & silver?

On Monday morning, gold futures for December delivery climbed above $1,650, while silver futures closed in on $32. Gold and silver still remain in a trading range while markets wait…