May 4, 2011 Despite recent events gold prices remain a dollar play The dash from $1425/oz to $1563/oz came to a halt today on news that is perceived to be good for the USD. The technical indicators are firmly in the overbought…
May 4, 2011 Soros sells some gold, Paulson hangs in there – WSJ While most fund managers seemed to stick with the status quo and remain in gold and silver last week, some notable hedgies are taking profits and looking elsewhere, reports the…
May 4, 2011 Zijin Mining ordered to pay $4.63m fine for toxic spill The Zijin Mining Group , one of China's biggest gold producers, has been ordered to pay 30 million yuan ($4.62 million) by a local court in Fujian province for a…
May 4, 2011 Alexco releases initial production results for Bellekeno Mine; On track for 2011 silver production of 2.8 million ounces Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) today reported the first full quarter production results from its newly commissioned Bellekeno mine and mill in the Keno Hill Silver District, Yukon. First Quarter…
May 4, 2011 Record drill hole intersection at Kirkland Lake; Drill Hole 53-1685 asays 8.16 ounces of gold per ton over 46.7 feet true width Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI), an operating and exploration gold company, is pleased to announce a record drill hole intersection from one of the underground exploration programs on the company's…
May 4, 2011 Serengeti brings Freeport onboard to hunt copper-gold near Mt. Milligan Small B.C.-based junior Serengeti Resources (TSX-V: SIR) signed on a sizeable partner to explore territory thick in prospective copper-gold porphyries. Mining giant Freeport McMoRan Copper & Gold (NYSE: FCX) inked…
May 4, 2011 Richfield drills 226 m at 0.92 g/t gold. New Gold waits in the wings Five drillholes plugged some wide gaps for Richfield Ventures (TSX-V: RVC) at its Blackwater deposit, showing impressive continuity of deep gold mineralization at its flagship project 100-kilometers south of Vanderhoof,…
May 3, 2011 Northern Tiger Resources announces $7 million Yukon exploration program Northern Tiger Resources Inc. (NTR: TSX-V) is pleased to announce a $7.2 million exploration program, including 12,500 metres of diamond drilling, is planned for its Yukon properties in 2011. The…
May 3, 2011 Detour Gold closes US$105 million financing for mining fleet Detour Gold Corporation (TSX:DGC) (“Detour Gold” or the “Company”) is pleased to announce the closing of the previously announced agreement with Caterpillar […]
May 3, 2011 Partnership budgets $91mn for prefeasibility study of ginormous Pebble Project The Pebble Partnership has approved US$91 million of program expenditures this year with the objective of completing a prefeasibility study next year, which will lead to the beginning of permitting…
Hedge funds cut bullish gold wagers to lowest in 15 weeks Hedge funds and other large speculators reduced net-long positions by 23%. February 06, 2026 | 03:33 pm
