Gold softer, but investor interest supports
Gold eased on Wednesday, but a softer tone on equity markets and strong investor interest are expected to support prices of the metal, seen as a safe store of value. For full story, click here
Gold eased on Wednesday, but a softer tone on equity markets and strong investor interest are expected to support prices of the metal, seen as a safe store of value. For full story, click here
MAX Resource Corp. (CVE: MXR, OTCBB: MXROF) is currently focused on four gold & silver properties in Nevada. Drilling programs in 2010 intersected significant gold mineralization. Multiple drill programs are underway in Nevada for 2011 to actively advance the prospects.
Open interest for Feb gold on MCX was at 14,990 lots, up from 14,557. Volume was 45.5 kgs. For full story, click here
By Kishori Krishnan Exclusive to Gold Investing News Bullion’s strength is being tested – this time round it is not just against the U.S. dollar, but also currencies across the board. As volatile currency markets and solid investment demand spur bullion buying, spot gold price ounce rose as high as $902.50, the loftiest price ever [...]
By Kishori Krishnan – Exclusive to Gold Investing News With the price of oil falling more than 60 per cent from a peak in July, Iran has converted its financial reserves into gold to avoid future problems. Iran, the world’s fourth-largest oil producer, is facing declining revenue from its oil exports after crude prices tumbled. [...]
AXMIN Inc. informed that itformed a JV with Sabodala Mining Company SARL, a wholly owned subsidiary of Mineral Deposits Limited whereby Mineral Deposits may earn a 51% interest in AXMIN’s wholly owned gold exploration permits, For full story, click here For Mineral Deposits’ website, click here
The company spent over $8.5 mn to explore the Cove project to early satisfy its 7 year work commitment under the Minerals Lease and Agreement. Chad Williams, President and CEO of Victoria Gold Corp, said: This is an important milestone because it secures Victoria’s interest in a property with excellent gold potential as evidenced by the significant [...]
Overview Dajin Resources Corp. (“Dajin”) is a British Columbia exploration company with mining projects in the Cariboo Mining District in Central BC and the Nelson Mining District in South-eastern BC. Within the Cariboo Mining District Dajin holds, southeast of Skygold Ventures Ltd. (TSX-V: SKV) recent gold discovery, a 100% interest in 28 Addie 1 mineral [...]
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