Sheltered Oak Resources Corp has announced that it has purchased the rights to Sage Gold Inc’s interests in the Larder Lake Mining District in Kerrs Township in the Abitibi Greenstone Belt of Ontario. Sage will receive 2 million common shares of Sheltered Oak Resources and $5 million in cash. Sage will also receive a 2% [...]
Overview Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). Mindoro is focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro has NI 43-101 resource estimates on its Agata [...]
Norton Gold Fields Limited declared that it has begun development of the Homestead underground gold mine in Western Australia. Managing Director, Jon Parker, stated: Homestead is one of our most promising project areas in terms of the quality and quantity of the resource and its potential to contribute to profitable operations. For full story, click [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
Blackmont commenced New Gold Inc with a buy, and reported that the gold producer has a solid stable of assets in mining-friendly jurisdictions that should provide steady production and cash flow growth. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by the [...]
CGA Mining Limited announced that it has completed a $25 million raise to augment its current cash position. The company is building the $170 million Masbate Gold Mine in the Philippines, which is expected to begin producing in excess of 200,000 ounces annually of gold by Q209. For full story, click here
When gold prices soared, gold mining companies’ stocks are witnessing a rise as well. For more information, click here
Colossus Minerals Inc. is an exploration and development company focused on gold and platinum group metals in Brazil. Led by a skilled management team, the company is managing and developing its Serra Pelada gold, platinum and palladium project.
By Kishori Krishnan Exclusive to Gold Investing News It might be the best buy signal you’ll ever see for the gold-mining sector. Since October, demand for gold coins and bars has soared so much that dealers can hardly find any to sell right now. If they can find it, the premium can run as high [...]
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