$1,000-plus gold prices will be commonplace
“Gold bugs” are becoming more bullish in their forecasts that the price of the precious metal soon will be trading regularly well above $1,000/troy ounce. For more information, click here
Archive for February, 2009
Tri-Valley Unit starts Discussions on Gold Exploration Projects
Tri-Valley Corporation reported that it’s minerals subsidiary, Select Resources Corporation, has entered into discussions with industry parties to advance its Alaska gold and industrial mineral properties. For more information, click here
International spot gold prices may rise 15 pct year-on-year
As per Wang Rulei from Chengdu Gaosaier, Booming investment demand for gold has pushed up spot prices on the international market in recent weeks as global stock markets continue to worsen. For more information, click here
Gold imports on crash course as prices soar
Gold purchases by India, the world’s largest importer of the metal, are down to a trickle because of soaring prices, prompting local traders and jewellers to reprocess scrap and jewellery to cater to rapidly falling local demand. For more information, click here
Gold miners see growth
With gold prices touching record highs this week and mining costs in decline, gold producers talked up expansion possibilities and tried to sell potential investors on new projects. For more information, click here
Gold records fifth steepest decline in Mumbai
After a historic northward climb, gold recorded one of the steepest falls in recent times in the Indian markets on Wednesday on the back of stronger dollar and declining crude prices. For more information, click here
Time For Good Gold Pickings
By Kishori Krishnan Exclusive to Gold Investing News A slight drop in prices is a good time to shore up. Last Friday, gold futures surged above $1,000, the highest level since last March. This week though, gold slipped back. But worries about long-term inflation caused by the massive U.S. stimulus package may push it up [...]
Alamos provides update on exploration
Alamos Gold Inc. announced update of its ongoing exploration drill programs at its regional Cerro Pelon target. For more information, click here
New Exploration Program on Midland James Bay Gold Project
Midland Exploration Inc. reported that a new exploration program will commence on its 100%-owned James Bay Gold project which is currently under an option agreement with Agnico-Eagle Mines Limited. For morei information, click here
Solomon Gold confident of funding
Mining explorer Solomon Gold reported that it was confident of being able to raise further financing for its exploration projects. For more information, click here
