By Kishori Krishnan Exclusive To Gold Investing News A deal was approved on Thursday by Kyrgyzstan’s lawmakers to double the government’s stake in a gold mine that is one of the impoverished Central Asian country’s biggest sources of revenue. The settlement will raise the state’s share in Canada-based Centerra Gold Inc. (CG.TO), which owns the [...]
Kootenay Gold (TSX-V:KTN) annouced today the results from surface sampling of the Dorotea Structure at its Promontorio project in Northwest Mexico. Maximum values fromt he 22 samples were 45.6g/t gold and 587 g/t silver with average values for copper, lead and zinc of 0.2%, 1.3% and 0.11% respectively. Kootenay’s CEO Jim McDonald is quoted as [...]
By Kishori Krishnan Exclusive To Gold Investing News The recent rally in American and Canadian equity markets is soon to give way to a gut-wrenching collapse that will push equities to shocking new lows, with gold prices reacting by rallying to new highs. After having correctly anticipated the timing and extent of the March 9th [...]
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
Hawthorne Gold Corp. declared that Wardrop Engineering Inc., a Tetra Tech Company, has completed an updated National Instrument 43-101 Technical Report and Mineral Resource Estimate on the Taurus gold deposit, which is located at the Cassiar Gold Camp in northern British Columbia, Canada. For full story, click here
Mining costs, which constituted the industry’s biggest headache up until a year ago, are now a bright spot for a sector more concerned with volatile demand and tight financing markets. The shift in costs follows several years of rampant inflation in the mining sector, which had kept gold miners from realizing the benefits of soaring [...]
Colossus Minerals Inc. announced results including 7.88 metres of 406g/t gold, 98.4g/t platinum, 115.7g/t palladium, 2.74g/t rhodium, and 1.52g/t iridium at a depth of 252 metres. The Serra Pelada project is located in Para State, Brazil. These results are not true width and the release indicates that true width is not known. Colossus President Vic Wall [...]
Kootenay Gold (CVE:KTN) reported today on 5 drill holes at the Promontorio project in Sonora State, Mexico. Three of the step out holes contained high grade mineralization 1600 meters from the main PIT discovery zone. Results included 13.5 meters of 77g/t silver, 2.78g/t gold and combined lead/zinc of 1.26% only 3 meters below surface. Jim [...]
By Kishori Krishnan Exclusive To Gold Investing News There is only one question doing the rounds – Will US President-elect Barack Obama be able to arrest the root of terrorism? Obama’s tacit admission that “My administration will remain steadfast in support of India’s efforts to catch the perpetrators of this terrible act (the Mumbai terror [...]
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 [...]
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