Gold prices have risen sharply but gold miners' shares haven't kept pace. Some argue the gap is set to close.
Articles Tagged "mining"
Nordic Mines plans to reach full production at its Laiva mine in Finland before 2011 ends. Laiva has some of the largest gold reserves in the Nordics.
China leads the world in gold production, but mining profits appear to be left on the table nonetheless. A bullish outlook for gold prices may help.
Traditionally, money managers occupied in more generalized investment mandates often ignore precious metals and dismiss gold. Finding a gold fund that invests in gold is relatively easy, but finding a prominent hedge fund that is heavily predisposed to investing in gold is indeed a more rarified jewel.
In spite of the steady climb in gold’s spot price since the beginning of 2011, the overall share price of gold mining companies has not followed suit, particularly in the majors. Gold is up about 4.6 percent since January while gold mining stock indexes have shown a drop of as much as 10 percent.
May 8th-14th is BC Mining Week 2011, a week full of educational and networking events to celebrate one of the province’s largest and oldest industries.
In light of the recent OSC-Agoracom settlement, Dig Media's Mike Rodger is turning to the Resource Investing News Network audience to help create a standard for excellence and credibility in resource investing media in an effort to regain trust in and build accountability into the way resource market news is reported.
Alluvial mining is an ancient technology. The early gold-panners were alluvial miners. Although somewhat archaic, small scale alluvial mining operations are still common in areas of Africa and South America. Alluvial mining has also morphed into a big business involving cutting edge technology and a great deal of capital investment.
Nortec Minerals reports its submission of a business proposal to a newly formed National Mining Corporation (ENAMI) on June 8, 2010. This business proposal was developed after well-received presentation meetings with the President of Ecuador and his cabinet on March 25, 2010, with the Minister of Non-renewable Natural Resources along with the Vice-minister for Non-renewable Natural Resources, General [...]
American Bonanza (TSX: BZA) released the results of a Feasiblity Study today at their 100% owned Copperstone project in Arizona. Based on a gold price of $962/oz, the internal rate of return (IRR) is said to be 96.3%. The study sets the Proven Reserves at 255,000 ounces of gold and Probable Reserves at 1,178 ounces. [...]