Overview Oro Gold is a gold exploration company committed to making new discoveries in Mexico and Central America. The company is led by an unparalleled technical team with significant gold resource development experience and a passion for generative exploration. The company is focused on: Drill Programs: discover and define gold resources at Trinidad & Cimarron [...]
Read the full article: "Oro Gold Resources: Key to Discovery"
Monday, June 30, 2008
Overview Brigadier Gold Limited (BRG – TSX-V) is a Toronto-based exploration company focused on building shareholder value by acquiring and developing prospective gold exploration properties in world-class Canadian mining camps. Brigadier’s core assets are in the Kirkland Lake-Larder Lake and Matachewan areas in northeastern Ontario, where over 37 million ounces of gold have been produced [...]
Read the full article: "Brigadier Gold Ltd.: Creating Value In..."
Monday, June 30, 2008
New Gold reports its completion with Metallica Resources and Peak Gold in US$1.6 billion business combination. “Tremendous work has gone into completing the business combination between New Gold, Peak Gold and Metallica over the past three months. Robert Gallagher, President and Chief Executive Officer of New Gold concludes: “Management is excited at the prospects for this [...]
Read the full article: "New Gold completes US$1.6 billion business..."
Monday, June 30, 2008
Reuters reports Nick Holland, CEO of Gold Fields’ sees price of gold rise to $1,200 in ’09 of June. “Chances are for an upside on the price, the single biggest factor is the global inflation and the commodities boom,” Holland told Reuters. “I would see the price at $1,000 in December and at $1,200 by June next year.” [...]
Read the full article: "Gold Fields CEO sees gold at $1,200 by June..."
Monday, June 30, 2008
MarketWatch reports gold rallies with the mixed trading in U.S. dollar while oil soars. Gold for August delivery gained $1.50 to $932.80 an ounce on the New York Mercantile Exchange. James Moore, an analyst at TheBullionDesk.com wrote, “Gold is holding close to $930 this morning after seeing an initial profit-taking dip and is likely to remain in [...]
Read the full article: "Gold edges up as oil soars, dollar trades..."
Monday, June 30, 2008
By Dave Brown – Exclusive to GoldInvestingNews.com As many expected, the U.S. Federal Reserve decided this week not to raise interest rates but Federal Reserve Chairman Ben Bernanke did issue a warning that inflation is a growing threat. Prior to the Fed’s decision, the government released a report underscoring the depth of the housing slump. [...]
Read the full article: "GoldInvestingNews Weekend Wrapup"
Friday, June 27, 2008
U.S. Precious Metals, reports drilling campaign in southern Michoacan, Mexico continues to produce ore intercepts. The most important hole of the drilling campaign thus far is drill hole number 5. Hole number 5 contains multiple intervals of sulfide mineralization totaling 136 feet, including one 43 foot intercept. The mineralization consists of chalcopyrite, a copper bearing mineral, pyrite [...]
Read the full article: "U.S. Precious Metals has positive results in..."
Friday, June 27, 2008
Murgor reports recent exploration developments in Manitoba, Saskatchewan and Quebec. This release summarises the tremendous amount of activity that Murgor has undertaken since January 2008. Management is pleased to confirm that the company continues to make excellent progress towards becoming a polymetallic producer. Later in the summer 2008, Murgor Resources will release revised NI 43 101 resource [...]
Read the full article: "Murgor reports summary of recent exploration..."
Friday, June 27, 2008
Romios Gold reports 700,000 options to purchase common shares of the Company at $0.32 per share granted to six directors. As well, an aggregate of 650,000 options to purchase common shares of the Company at $0.32 per share for three years were granted to six consultants of the Company. 250,000 options are exercisable immediately, 200,000 options [...]
Read the full article: "Romios Gold reports stock options grants"
Friday, June 27, 2008
Nasdaq reports gold soared a monthly high, up by $13.40. Prices soared by $32.80 on Thursday as traders mulled the Federal Reserve’s decision to leave its target interest rates at 2%, as expected. This halted a series of rate cuts that began late last summer and took the Fed’s key rate from 5.25% last September to [...]
Read the full article: "Gold reaches monthly high"
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Monday, June 30, 2008