After travelling to Southeast Asia, Central America and Europe, Haley Stavert packed up her car and moved to Vancouver in February 2010, searching for something new and exciting. Unfortunately the car only made it 20 minutes outside of Edmonton. Undiscouraged, Haley made it to Vancouver and has loved every second of living on the West Coast. Haley joined the Investing News Network team in October 2011 as executive assistant and researcher and looks forward to expanding her knowledge in a new industry.
Gold futures stayed steady near the highest level in more than a week on Tuesday, supported by the declining rupee in the aftermath of a political crisis and as importers were unwilling to book the yellow metal.
Ivanhoe Australia Limited (TSX:IVA,ASX:IVA), announces that stope production at the Company’s Starra 276 underground mine begun successfully this week, with stope blasting and production loading being achieved.
Gold hit $1,610/oz in further gains on Monday to hit its highest since late February, with some investors drawn to the precious metal’s safe haven properties as a radical bailout package for Cyprus shook sentiment in the euro zone.
McEwen Mining Inc. (NYSE:MUX,TSX:MUX) has announced that year-end 2012 mineral resource and reserve estimates and the grades for gold and silver have risen from 2011 for the San José mine (49% owned by McEwen Mining).
Paramount Gold and Silver Corp. (TSX:PZG) has announced that its largest shareholder, FCMI, has exercised its remaining 7.7 million share purchase warrants at the exercise price of C$1.05 each for total of C$8 million to go to Paramount.