Goldman Bearish Gold Call Overrun by Inflation
Argentines are purchasing more gold than ever to protect their savings from the Western Hemisphere’s fastest inflation as the country’s bonds endure the worst returns in developing nations.
Argentines are purchasing more gold than ever to protect their savings from the Western Hemisphere’s fastest inflation as the country’s bonds endure the worst returns in developing nations.
Kestrel Gold Inc. (TSXV:KGC) provided written notice to the owners of the Huachi Property in the San Juan Province of Argentina of its intend not to continue exercising its option to acquire an interest in the Huachi Property.
Malbex Resources Inc. (TSXV:MBG) announced results from drilling at the Argentina-based Rojo Grande property.
Kestrel Gold Inc. (TSXV:KGC) announced surface sampling results from the Argentina-based Huachi gold property.
Bloomberg reported that Yamana Gold (NYSE:AUY) is purchasing Extorre Gold Mines (TSX:XG) and acquiring control of its Argentina gold mine.
Reuters reported an interview with Extorre Gold's (TSX:XG) Chairman Yale Simpson on the company's gold and silver assets in Argentina.
Globe and Mail reported that new economic policies in Argentina could make it more difficult for gold and silver mining operations more to succeed.
Regulus Resources Inc. (TSXV:REG) announced it has started a 30,000 m drill program at the Argentina-based Rio Grande project.
Reuters reported that Argentina increased its gold reserves despite record high gold prices last year.
Artha Resources Corporation (TSXV:AHC) announced an update to fieldwork and sampling at the Argentina-based Organullo gold-silver property.
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