May 26, 2011

Commodities boom drives economic growth in several Canadian provinces

A Conference Board of Canada report says high energy and metals prices "are prompting resource companies to invest billions in iron ore projects, nickel processing and offshore oil developments" in…

May 26, 2011

Four oversold big miners that should rally

The S&P GSCI Index of 24 raw materials dropped about 10% since the Goldman (GS) sell call on April 11. It was up over 1% today on the new bullish…

May 26, 2011

Drilling at Condor’s Pucamayo West Project intersects 340g/t Ag over 2.2m, including 548g/t Ag, 0.72g/t Au, 2.50% Cu, 2.01% Pb and 2.18% Zn over 1.2m

Condor Resources Inc. (TSX VENTURE:CN) is pleased to announce results from its first phase 1,200 metre diamond drilling program at the Pucamayo West silver-gold property, Peru. This was the first…

May 25, 2011

Argentex hits more silver, gold in near-surface oxides

As it tunes its rigs to near surface oxides Argentex Mining (TSX-V: ATX) continues to churn out strong silver and gold mineralized intercepts at its Pinguino property in Santa Cruz…

May 25, 2011

Gold, silver rise on Greece’s debt concerns

Forbes reports gold and silver prices climbed Tuesday as concerns lingered about Europe's debt crisis. The market news is quoted as saying, Most metals, oil and other energy products also…

May 25, 2011

Southern Arc hits more ‘blow-outs’ in hunt for gold and silver in Indonesia

Eyeing potential for high-grade gold tonnage, Canada's Southern Arc reports on another swelling gold-silver mineralized vein in Indonesia. A zinger of a drilling result - wide with high-grade gold mineralization…

May 25, 2011

Silver and silver stocks spring to life

Two of our favourite silver producers led the charge today, Endeavour Silver Corporation (EXK) up 9.25% and First Majestic Silver Corporation (AG) up 7.49% as silver prices bounced $1.53/oz in…

May 24, 2011

Gold and silver perking up today on weakening major currencies

Gold rose in response to the degrading Eurozone crisis. In the euro gold again touched new highs at €1,080.41. In the dollar it rose to $1,519 ahead of London's opening,…

May 23, 2011

Klondike Silver to raise up to $1m in private placement

Klondike Silver Corp. announced on Tuesday it has arranged for a private placement of up to 4,000,000 units for total proceeds of up to $1,000,000. Proceeds from the private placement…

May 23, 2011

Bottoms in!

It was another week of mixed markets where we did see some bottoms in stocks and US markets seem to have turned up thus far. Their not yet trending higher,…