July 3, 2011

Estrella drills Colpayoc gold project, Peru

Estrella Gold announced it started drilling its Colpayoc gold project on June 26, 2011. Colpayoc is located 12 kilometers southwest of the Yanacocha gold mine complex, in Peru. The drill…

July 3, 2011

Kingsrose discovers gold lining

FOR some, the Bre-X gold fraud scandal of the 1990s wasn't all bad. Before the addition of scrapings of gold jewellery to assays from the Canadian company's Indonesian deposit was…

July 3, 2011

Central banks in emerging markets increase gold reserves on growing economic concerns

The total gold reserves of central banks worldwide fell by 9.6 per cent between 2000 and 2008 but has subsequently increased by 2.2 per cent from 29,870 tonnes in 2008…

July 2, 2011

Precious metals to remain subdued on profit booking

Dilip Kumar Jha | 2011-07-03 00:10:00 Gold is likely to remain subdued this week on profit booking by global investors. Lack of safe haven buying support may continue, pulling the…

July 2, 2011

Mexico silver production to up 15 pct and gold production rises 18 pct

Mexican mining production rose 22% in April from the year-ago month, led by a big jump in output of copper, the National Statistics Institute, or Inegi, said Thursday. Copper production…

July 2, 2011

International Minerals looking to sell Ecuadorian gold and silver assets

Though Chinese funding failed to materialize, International Minerals (TSX: IMZ) said it is in talks with an alternate suitor for its Rio Blanco gold-silver project and Gaby gold project in…

July 2, 2011

Silver, gold fall on global cues

Silver and gold prices fell further at the bullion market on moderate selling by stockists and investors amidst continuing bearishness in the global markets. Silver ready (.999 fineness) declined by…

July 1, 2011

Gold and silver in high risk territory

The gold and silver markets are still in high risk territory vulnerable both ways. At the moment the direction of gold and silver, in the euro and the dollar is…

July 1, 2011

Silver mining in Peru: looking forward through crisis

Protests against the Canadian-owned Bear Creek Mining Corporation’s (CVE:BCM) Santa Ana Silver project resulted in five people being killed by police gunfire last Friday at the Juliaca International Airport, located…

June 30, 2011

Silver unperturbed by Greek machinations

Asia again lifted the gold price to over $1,513 and also took the euro to €1: $1.45 before London opened. The euro pulled back slightly to €1: $1.4375 during London’s…