July 27, 2011

Gold sidelining platinum/palladium, may hit $1 800/oz by Christmas – UBS

Gold is sidelining platinum and palladium and could hit $1 800/oz by Christmas, says UBS bullion bank precious metals strategist Dr Edel Tully, who describes the present as “an extremely…

July 27, 2011

Gold breaches $1,625, US downgrade ‘almost certain’

Gold bullion prices set a new intraday record of $1,625 per ounce in Wednesday's Asian trade – 1.5% up on Friday's close – before easing back slightly after London opened.…

July 27, 2011

Inflows into precious metals ETFs roaring back

While commodities ETFs - led by precious metals funds like the SPDR Gold Trust (GLD) and the iShares Silver Trust (SLV) - are hot, currency ETFs are even hotter. Flows…

July 27, 2011

Jayden reports first 2011 silver coin drill results: 2.67 g/t gold over 16.4 meters including 10.7 g/t over 3.0 meters in hole SC11-341

Jayden Resources Inc., ("Jayden" or "the Company") (TSX:JDN) is pleased to announce assay results from the first 17 holes received from its planned 100 hole - 15,000 meter drilling program…

July 27, 2011

Lure for gold ore fuels child deaths in Zamfara

The tide of deaths of infants and young children from an outbreak of lead poisoning in Zamfara State, in North West Nigeria did not come like a thief in the…

July 27, 2011

Silver price hits 11-week high

Silver Investing News spoke with Jason Goulden, V.P. of Research at Metals Economics Group, and with Michael DiRienzo, Executive Director of The Silver Institute, about the factors currently playing a…

July 27, 2011

EnviroGold adds exploration potential for copper gold with Novus Gold agreement in Dominican Republi

EnviroGold (ASX: EVG) has entered an agreement enabling the company to explore the highly prospective La Yagua and La Paciencia concessions in the Dominican Republic, where a previous grab sample…

July 26, 2011

Silver Bull hires SRK Consulting for NI43-101 update on the Shallow Silver Zone

Silver Bull Resources Inc. (SVB - TSX, SVBL - Amex - NYSE) has signed a contract with SRK Consulting (Canada) Inc. to produce an updated NI43-101 compliant resource report on…

July 26, 2011

Undersea mining moving forward: DFI releases world’s first marine NI 43-101

The race to mine the seafloor took another step forward today. Diamond Fields International said it has completed the world's first NI 43-101 compliant resource estimate for its Atlantis II…

July 26, 2011

Dollar default to change gold/silver markets

Last Friday we were led to believe that the debt-ceiling crisis would be over by the start of Asia’s business on Monday. The weekend has gone and so the deal.