The fall is quickly approaching and Tuesday’s price action gave investors a slight tease of what the traditionally gold-friendly season has in store this year. The usual suspects—fear-induced investment demand and gold-hungry Asia—are still driving the gold bus home for the metal’s fans.
Monday, August 30, 2010
Gold and diamond discoveries played an important part in the growth of the early Republic of South Africa, and historically the country was the world's largest gold producer for many years and continues to possess the world’s largest quantity of gold reserves at 6000 tonnes.
The majority of gold mined in Mexico is as a co-product, first, of silver, and secondly of copper. The bedrock beneath Mexico is laden with an intricate, and valuable network of vein deposits of minerals.
Monday, August 23, 2010
Investors will know it best for its production of silver, with over 10 billion ounces mined; however, Mexico is also abundant in quantities of gold, copper, lead and zinc. Mexico’s ever-expanding gold mining industry is well positioned for a strong year in 2010, with output expected to increase by an additional 880,000 ounces to nearly 2.5 million ounces, representing...
Gold prices traditionally rally off the summer lows in September as many players come back to the market. And if this year holds true to that seasonality, next month might turn out to be “a good September.”
On the Thursday, Gold prices were slightly firmer, and could stay on the rise as global economic prospects remain shaky with investors watching for more jobs data out of the United States.
Kinross Gold Corporation (TSE:K, NYSE:KGC) announced that in response to a request from Institutional Shareholder Services, the Company is providing further details regarding its friendly combination with Red Back Mining Inc.
Alder Resources Ltd. (CVE:ALR) announced the appointment of the Honorable Pierre Pettigrew, p.c. to the Board of Directors of the Company.
Gold Hawk Resources Inc. (CVE:GHK) announced that it has signed a definitive binding Share Purchase Agreement with the shareholders of 0830438 B.C. Ltd.
Northern Tiger Resources Inc. (CVE:NTR) announced that four separate gold-bearing zones have been identified on the Company’s 3Ace Property in the southeast Yukon, Canada.
Fronteer Gold (TSE:FRG, NYSE Amex:FRG) announced that Teck Resources Limited’s Turkish subsidiary, our 60% joint venture partner and project operator, has commenced a 5,000 metre drill program on the TV Tower Gold Project in Northwestern Turkey.
B2Gold Corp. (TSE:BTO) announced that it has reached an agreement with Weeping Apple S.A., a private Uruguayan company, to option the Cebollati gold property located in Uruguay.
Colossus Minerals Inc. (TSE:CSI) reports that the shareholders of its JV partner, COOMIGASP approved the transfer of the mineral rights related to Mining License DNPM Nr. 850.425/1990 from COOMIGASP to Serra Pelada Companhia de Desenvolvimento Minera. Colossus holds a 75% interest in SPC through its Brazilian subsidiary Colossus Geologia e Participações Ltda (“Colossus Brazil”). For complete [...]
Nevada Sunrise Gold (CVE:NEV) reports an agreement is signed on the Pinnacle property, Reno, Nevada. The Pinnacle Property is highly prospective for gold mineralization and is situated within a mining district known for its historical gold production. For complete news release, click here. For Nevada’s company profile, click here.
Mountain Lake Resources (CVE:MOA) reports that initial results from barge drilling over the Leprechaun gold deposit. Results to date are excellent. The Leprechaun Deposit is the first defined gold resource within the highly prospective Valentine Lake Property located in Central Newfoundland. For complete news release, click here. For Mountain Lake Resources’ company profile, click here.

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Tuesday, August 31, 2010
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