April 25, 2011

Silver set to soar as paper folds?

As a result of active "demonetization" efforts by the IMF and its member central banks, gold and silver have experienced the type of volatility that has given conservative investors reasons…

April 25, 2011

Barrick announces agreement to acquire Equinox

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or "the Company") announced today that it has entered into a support agreement with Equinox Minerals Limited (TSX:EQN)(ASX:EQN)("Equinox") for Barrick to acquire, through an all-cash…

April 25, 2011

Continuously take gold and silver profits to reduce risk

At US$1,500 an ounce for gold and US$43 for silver, you may be tempted to sell them short, which can leave you painfully squeezed if prices continue to rise, or…

April 23, 2011

Quarterly gold production up 41% – Iamgold

Mid-tier gold miner Iamgold's quarterly gold production rose 41 percent on strong performance at its largest assets, the Rosebel mine in Suriname and Essakane mine in Burkina Faso. Toronto-based Iamgold,…

April 23, 2011

Landslide crashes into Philippine mining village; 15 buried miners saved

Rescuers and heavy equipment are picking through the debris in hopes of finding more survivors after a landslide thundered down a mountainside in the Philippines on Good Friday. The avalanche…

April 22, 2011

The Sundance Kid ‘Stings’ Alaska’s Pebble gold mining mega-project

Academy-award winning director, actor and environmental activist, Robert Redford, Thursday became the latest face of those opposed to the development of the massive Pebble copper-gold mining project near Bristol Bay…

April 21, 2011

Newstrike intersects 230.95 meters of 7.51 g/t Au at Ana Paula Project, Mexico

Newstrike Capital Inc. (TSX-V:NES) is pleased to announce additional drill results from the company's 100%-owned Ana Paula Project, Guerrero Gold Belt (GGB), Mexico. The reported drill holes represent a cross…

April 21, 2011

Harmony CEO says Wafi-Golpu gold mine development cost could reach $4 billion

The cost of developing the huge Wafi-Golpu gold-copper project in PNG could be as much as $4billion according to Harmony CEO, Graham […]

April 21, 2011

Today we are writing this section from the euro gold price point of view to illustrate what’s happening to gold; the gold price continued to pull back as the euro…

April 21, 2011

Gold and stocks rally but is it time for a little pullback

It has been a very interesting week thus far. Monday kick started traders with a heart pounding equities sell off which sent money into the US Dollar, precious metals and…