June 27, 2012

San Gold signs financing and option agreement with Canadian Arrow Mines

The agreement gives Sand Gold an 80% undivided interest in all precious metals produced by Canadian Arrow's properties which includes silver and gold, but excludes platinum and palladium.

June 27, 2012

Eldorado Gold Corporation: exploration update

The report includes updates on drilling projcets in Turkey, China and Greece.

June 27, 2012

$8 billion resource reserve likely to lift Bolivia’s depressed economy

The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.

June 27, 2012

Coeur D’Alene shores up coffers with $350 million note offering

Buffeted by a disimal silver prices, Coeur D'Alene (NYSE:CDE) announced a US$350 million senior note offering due 2020.

June 26, 2012

Silvermex securityholders approve plan of arrangement with First Majestic

Passing with 99% in favour, First Majestic Silver will go ahead with plans to acquire all of the issued and outstanding common shares of Silvermex.

June 26, 2012

Sabina completes $34.5 million financing

In hopes of holding $120 million in cash by December 31, 2012, Sabina has announced a bought deal financing of 10,345,000 flow-through common shares at $2.90 per share.

June 26, 2012

Gryphon Gold provides production update

The company poured and shipped 1,464 gold ounces in the month of May achieving more than half of its monthly target production rate within the first two full months of…

June 26, 2012

Sienna reports 1.4 meters (M) at 9.7 G/T gold and 1864.4 G/T silver within a longer interval of 11.1 M at 1.9 G/T gold and 272.8 G/T silver

The gold-silver project, based out of Peru, has seen results of 1.4 m at 9.7 g/t gold and 1864.1 g/t silver.

June 25, 2012

Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon

But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.

June 25, 2012

Barclays: Commodity investors’ retreat is turning into a stampede

The speed and extent of recent commodity price falls suggest market participants are anticipating a severe deterioration in the macroeconomic outlook.