Goldstockbull.com reported on Why Invest In Gold: The US dollar is fundamentally & technically very weak and should fall dramatically. However, other countries are very reluctant to see their currencies appreciate and are resisting the fall of the US dollar. Thus, we are in the early stages of a massive global currency debasement which will [...]
On thursday,Gold rose 1 percent , rebounding from two-week lows and snapping three days of declines as investors scrambled to cover short positions after a report that China will buy IMF-auctioned bullion. The press release is quoted as saying: Spot gold, which reflects the price of bullion, was bid at $1,105.55 an ounce by 2:50 [...]
Daulton Capital Corp. (OTCBB:DUCP)reported the acquisition of a second strategic property, the Hunker Project, located in the heart of the famous Klondike Placer Gold District. The press release is quoted as saying: Daulton Capital has the option to earn 100% interest in the property from Dawson City local prospector, Shawn Ryan (who is credited with [...]
Gold Wheaton Gold Corp. (TSX:GLW) reported that the company has received notice from First Uranium Corporation (TSX:FIU)(JSE:FUM) that First Uranium has been notified by the North West Provincial Government’s Department of Agriculture, Conservation, Environment and Rural Development that they have issued a positive decision on the amendment application lodged by MWS last year pertaining to [...]
ANDINA Minerals Inc. (TSX VENTURE:ADM) reported initial drilling and assay results from the strategic exploration program at the Ojo de Agua East gold target, located at the Company’s Volcan Gold Project in Chile. The press release is quoted as saying: Andina’s primary focus is mining, exploration and development in Chile. The Company’s flagship property is [...]
By Melissa Pistilli-Exclusive to Gold Investing News A number of factors, real or imagined, combined to move the gold price down to touch a two-week low at $1087.70 an ounce early Thursday and then back up to nearly the $1110 level in a matter of hours. Movements in the gold market are becoming less and [...]
MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) reported results from the first phase of exploration drilling on the Godfrey Property. The press release is quoted as saying: MPH Ventures Corp. is a gold and molybdenum exploration company focused on mineral development within Canada. The company has recently acquired several properties in Northern Ontario and the West [...]
Sage Gold Inc. (TSX VENTURE:SGX) and Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) reported that they have executed a binding Letter of Intent dated February 23, 2010 pursuant to which Gryphon has agreed to grant Sage the right to earn a 50% undivided interest in the fully permitted Borealis gold project. The press release is quoted as saying: [...]
GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M) (PINK SHEET:GLBXF) reported Rocmec Mining Inc. (TSX VENTURE:RMI) as regards the Rocmec I (Russian Kid) gold mine located in Dasserat Township, Quebec where Globex retains a significant Gross Metal Royalty (GMR). The press release is quoted as saying: Globex retains a 5% GMR on the first 25,000 ounces of gold [...]
Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3)announced that the company has amended the underlying property Agreement on its Yankee-Dundee Mine project 3km from Ymir BC in the Nelson Mining District of Southeast BC. The press release is quoted as saying: Duncastle Gold Corp. is a Vancouver based gold exploration company with mineral claims covering or surrounding past [...]
Friday, February 26, 2010