September 3, 2011

Commodities rocked as US economy creates zero jobs

Commodity markets were hit this week by shock news that the United States created no jobs in August, sparking speculation that the world's biggest economy could be heading for a…

September 3, 2011

Why gold may reach $2000 and silver $45

The first week of August saw the world financial markets tumbling like a house of cards, the trigger being the US debt downgrade by credit ratings agency Standard & Poor's.…

September 2, 2011

Osisko Mining Corporation Terminates Mountjoy Exploration Agreement

Claim Post Resources Inc. (TSX VENTURE:CPS) (the Company) announced today that Osisko Mining Corporation (Osisko) terminated the exploration agreement on Claim Post Resources wholly owned Mountjoy Property near Timmins Ontario.…

September 2, 2011

Gold surges after dismal jobs data – new all time high in sight

Gold for December delivery rose $50.10, or 2.7%, to $1,879.30 an ounce in midday trade in New York — within striking distance of the metal's $1,891.90 settlement record set a…

September 2, 2011

Mineral association asks Quebec government for clearer rules

The Quebec Mineral Exploration Association asked the Quebec government for rules that will simplify mineral development and exploration. A mining bill, which the association has criticized, is working its way…

September 2, 2011

Sandstorm Gold announces US$6 million payment to Metanor Resources and provides update on the Bachelor Lake project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2011) - Sandstorm Gold Ltd. ("Sandstorm") (TSX VENTURE:SSL) has remitted the US$6 million final payment to Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) in accordance…

September 2, 2011

Update on proposed merger of US Gold and Minera Andes

TORONTO, ONTARIO--(Marketwire - Sept. 2, 2011) - US Gold Corporation (NYSE:UXG)(TSX:UXG) and Minera Andes Inc. (TSX:MAI)(OTCBB:MNEAF) are pleased to provide an update on the proposed merger of US Gold and…

September 2, 2011

India gold rises 1.5 pct, moderates demand

MUMBAI (Reuters) - India gold futures gained more than 1.5 percent on Friday tracking a firm world market, moderating demand in the domestic spot market in the middle of the…

September 2, 2011

Fresh haven demand burnishes bullion

Gold jumped on haven buying after the re-emergence of growth concerns depressed Asian and European equity markets following the release of weak European data. Upcoming Events – 2011 06 September…

September 2, 2011

Xstrata upgrades Papua New Guinea Frieda River

The copper unit of Anglo-Swiss miner Xstrata PLC (XTA.LN) Friday announced a 10% increase in the copper resource base of its Papua New Guinea Frieda River copper-gold project and said…