The resourceinvestor reports on Chile’s gold riches: As the gold market continues its lustrous trend, the corporate elbowing and shoving to get at the richest buried treasures is getting increasingly cutthroat. A prime example involves northern Chile’s clutch of mostly prolifically sized gold/copper deposits. Located in the Maricunga Gold Belt, five deposits are in various [...]
By Kishori Krishnan Exclusive To Gold Investing News A Vancouver gold firm has decided to expand its holdings in China with a stake in an Australian firm. Sounds corny? With firms going for the kill, Vancouver’s Eldorado Gold Corporation (TSX:ELD) has taken the first step in acquiring a 19.9 per cent interest in Sydney, Australia-based [...]
Fjordland Exploration (CVE:FEX) announced today the Woodjam Joint Venture jointly owned with Cariboo Resources (CVE:CRB) is granting an option to Gold Fields (NYSE:GFI) on the Woodjam North copper-gold-molybdenum property east of Williams Lake in BC Canada. Gold Fields can earn up to a 70% share in the property by spending $19m over 7 years. Tom [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold, despite losing some of its appeal as a safe-haven asset amid sentiment the worst of the financial crisis may be over, is holding its ground on expectations of long-term inflation once the economy reheats. But how long will it last, is the moot question. Analysts aver [...]
By Dave Brown – Exclusive to Gold Investing News The old trader’s maxim – First Move, Wrong Move - is often used to describe the absolute despair and euphoria which tend to coexist in the world of behavioral finance, manifesting themselves in market activity. The observations of last week-end and the start of this week suggest that perhaps [...]
allAfrica.com(Sept 11th) reports The Reserve Bank did not pay the gold producers for deliveries made in June 2008, which amounts to US$25 million. In a correspondence written to Misheck Sibanda-chief secretary to the president and cabinet two weeks ago, disgruntled gold producers appealed for an urgent intervention from government to speed up payments by Fidelity [...]
Mineweb(Editorial) discusses gold and some of the big gold producers around the word. Your Kingdom for an ounce of gold? A refined ounce of gold may be a measurable and indisputable standard, but the sizes and qualities of Kingdoms around the world vary by vast degrees. In the gold producer market, valuations of listed stocks [...]
Temex Resources Corp. reports assay results from a diamond drilling program on Timmins gold camp where gold production to date exceeds 65 million ounces. A $2.0 million budget has been allocated for exploration on the Property which encompasses several former gold producers including the former Broulan Reef and Hallnor Mines, the latter of which was one of the [...]
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