NioGold Mining (CVE:NOX) reports that Simon Ridgway has joined the company’s Board of Directors. The press release is quoted as saying: Mr. Ridgway is an accomplished mine developer with over 30 years experience in the mining industry. During the 1990s, Mr. Ridgway led the discovery and development of two gold deposits in Honduras and Guatemala, both of [...]
Paragon Minerals Corporation (CVE:PGR) reports that trenching has began at Gold Star gold project, northwest Ontario. The trenching program is designed to follow-up on recent surface sampling results at the Powell, Thomas Lake and Mine Lake gold prospects (see news release dated September 23, 2010). Michael Vande Guchte, President and CEO of Paragon says: “Prospecting results from the [...]
By Kishori Krishnan Exclusive To Gold Investing News The horse is out of the barn, the damage has been done. Look at how the gold price has been dumped, from its lofty highs. But even as gold’s allure continues to weaken with risk-averse investors, there is someone who is making hay – gold miners. These [...]
By Kishori Krishnan – Exclusive to Gold Investing News Stock markets are down and so is the price of the yellow metal. Gold fell for the second day in Asia, extending a monthly drop that may become the worst in more than 25 years. The reasons being cited – a stronger dollar and decline in [...]
Mineweb(Editorial) reports first gold-backed ETF to list on Hong Kong Exchange. The SPDR Gold Trust marketed by State Street Global Advisors (SSgA), is designed to track the price of gold and trade like any stock on the exchange. The SPDR Gold Shares are backed by physical allocated gold bullion and will be denominated in Hong Kong [...]
Tuesday, October 19, 2010