June 24, 2011 Western Copper to spin out assets into three public companies Western Copper Corporation (TSX:WRN)(NYSE Amex:WRN) announced that its Board of Directors has unanimously approved a proposal to undertake a spin-out transaction that would reorganize the business and capital structure of…
June 24, 2011 ‘US economy could be one of the big surprises in H2’ 2011 – SocGen In its latest Quarterly Commodities Review, Société Générale takes the view that , at a "time of significant doubt for the outlook for the global economy" the recovery is sustainable…
June 23, 2011 Commodities fall most in seven weeks Bloomberg reports that commodities dropped the most in seven weeks after the International Energy Agency announced plans to release emergency oil supplies.Gold for August delivery fell 2.4 percent to $1,516.60…
June 23, 2011 Gold and silver’s daily market commentary The gold price closed in New York at the $1,552 but fell in Asia back to $1,547, before fixing at $1,546.00 and in the euro at €1,074.36. It then picked…
June 22, 2011 Goldrea Enters Into an Agreement to Purchase Wigwam Magnetite Prospect Larry W. Reaugh, President & C.E.O. of Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) ("Goldrea" or the "Company") is pleased to report the company has entered into an agreement to purchase…
June 22, 2011 Sulliden Announces Further Positive Drilling Results-Intersects 1.42 g/t Gold over 86 Metres and 1.75 g/t Gold over 58.5 Metres Sulliden Gold Corporation Ltd. ("Sulliden", or the "Company") (TSX:SUE)(OTCQX:SDDDF) is pleased to announce continued positive exploration results for six new drill holes from the ongoing 70,000 metre drilling program being…
June 22, 2011 Colibri reports more drill results at Ramard; 311 grams per tonne silver, 2% lead, and 3.4% zinc between 37 and 38 meters depth, plus multiple intervals of silver-lead-zinc. Colibri Resource Corporation reports final results from a 2400 meter drill program at the Ramard silver project, in Sonora, Mexico. The Ramard property consists of over 4000 hectares of mineral…
June 22, 2011 Gold price above $2,000 or below $1,000 unsustainable – BofA BofA Merrill Lynch said an investment demand required to sustain gold prices in a range of $1,500-2,000 per ounce could be feasible in the next five years. The brokerage believes…
June 21, 2011 Market volatility ahead as Greek decision looms Asia ended its day in the region of $1,541.80 Greek Parliament’s vote of confidence today. In the euro it was sitting at €1,075.85 ahead of London’s opening. The euro is…
June 21, 2011 B2Gold reports heavy rains and flooding at the Limon Mine in Nicaragua, resulting in a temporary shutdown of the underground workings B2Gold Corp. reports a temporary shutdown of the underground workings at the Limon Mine in Nicaragua due to on-going rescue attempt of a missing worker during heavy rains and mine…
Copper price heads toward $12,000 a ton as banks predict further gains With year-end approaching, copper on the London Metal Exchange is up nearly 40%, marking its biggest annual gain since 2009. December 22, 2025 | 07:00 am
