September 11, 2012

Gold & silver: don’t call It a comeback story

After several months of lackluster returns, precious metals have recently surged higher. Gold and silver have been performing like they both have something to prove.

September 11, 2012

Silvercorp uses Chinese police to silence and suppress censorious short-sellers

Silvercorp Metals (TSX/NYSE:SVM) is alleged to have procured the assistance of police in arresting and silencing critics of the company who sought to profit from the short-selling of its stock.

September 11, 2012

Nautilus closes second tranche of private placement

Nautilus Minerals has received gross proceeds of $18.6 million from the issue of the second and final tranche of shares forming part of the non-brokered private placement first announced on…

September 11, 2012

Bernanke will absolutely implement QE3: Lundin

Brian Lundin says Federal Reserve chairman Ben Bernanke will "absolutely" implement a third round of quantitative easing.

September 10, 2012

Ascot drills 8.00 metres of 22.68 grams per ton gold and 96.4 grams per ton silver at Premier

To date, in 2012, Ascot has completed 110 drill holes for a total of 23,735 metres.

September 10, 2012

Argus divests Hyland gold project into Banyan Capital Corp.

Argus has signed a letter of intent with Banyan Coast Capital for the sale of the Hyland Gold Project for 4,000,000 common shares of Banyan.

September 9, 2012

Investors shrug news of fresh Mongolia bid for control of Oyu Tolgoi as Turquoise Hill climbs 15%

Mongolia's new mining minister Davajav Ganhuyag is one of the politicians in favour of upping the country's stake.

September 9, 2012

More trouble for Glencore in Bolivia

Three managers from Bolivia's state-owned mining company were taken hostage by residents of a village in the region of Potusi, who are demanding a 15% stake in the region's silver…

September 8, 2012

Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover

The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.

September 7, 2012

Funds and investors shifting from ETF’s to physical gold

Matterhorn Asset Management's Egon von Greyerz claims fund managers and investors are shifting from gold ETF's to physical gold, and that the "move in gold and silver has barely started."