March 30, 2011

BHP Billiton moves to feasibility stage of Olympic dam expansion

Top global miner BHP Billiton has moved into the feasibility study stage of preparing a long-awaited expansion of the Olympic Dam copper and uranium mine in South Australia.

March 29, 2011

When worlds collide

"The bottom line is that your own financial and psychological preparedness for dealing with volatility will determine whether you come out of the next year or two substantially better off—or…

March 29, 2011

Strike at San Cristobal silver mine enters fourth day

A four-day-old strike has paralyzed Bolivia's San Cristobal mine, which produces silver, zinc and lead and accounts for about half the country's mining exports, the government said on Monday. San…

March 28, 2011

J.P. Morgan, HSBC may have gained billions from influencing silver prices

After Thursday's late afternoon price adjustment by one of the usual not-for-profit sellers, the gold price remained in a quiet and very tight trading range up until 12:15 p.m. in…

March 28, 2011

Gold & silver daily review

The gold price fell in Asia after the 125-page report on world markets was issued by the People’s Bank of China, the Chinese central bank. In it, it said, "We…

March 28, 2011

Dirty old tricks

All in all it was a great week. Markets rebounded nicely and shrugged off higher oil prices and put in very good performances.

March 28, 2011

Oyu Tolgoi copper-gold-silver project now in peak year of construction

Ivanhoe Mines announced its financial results for the year ended December 31, 2010. The approved 2011 capital budget for Oyu Tolgoi is estimated at $2.3 billion. Principal components of the…

March 25, 2011

Markets quake

The metals markets were briefly sidetracked by the Japanese earthquake and subsequent nuclear emergency. Gold did not know whether to go up or down in response to the damage wrought…

March 25, 2011

Gold and silver’s daily review

Silver is continuing to trade stronger than gold and is rising today too.

March 24, 2011

Yellowhead Mining raises $20M for Harper Creek; new PEA results announced

Yellowhead Mining has raised $20 million through bought-deal financing, the B.C.-based company exploration company announced earlier this week. Under the deal, Yellowhead is selling 13.8 million shares at CDN$1.45 per…