By Kishori Krishnan Exclusive To Gold Investing News Investors in gold have had it too good for too long. After months of prices climbing to unfathomable levels, an uncertainty has surged into the bullion market, keeping everybody on the edge. Obviously. What goes up has to come down some day. The big question on everybody’s [...]
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. [...]
Overview Habanero is a diversified junior company that is one of the largest landholders in the Yukon bordering Underworld Resources; now has now made applications to become one of the largest land holders within land prospective for lithium in Alberta and has significant acreage in the Alberta Oil sands. Highlights Acquired 5,400 Contiguous Hectares in [...]
By Kishori Krishnan Exclusive To Gold Investing News Spanish philosopher George Santayana had warned: “Those who cannot remember the past are condemned to repeat it.” The same could hold true for gold. The interest in the yellow metal is based on the fact that the price of gold has risen more than $700 since 2002. [...]
By Kishori Krishnan Exclusive To Gold Investing News History does repeat itself. Going by the historic pattern of the gold market in the ‘70s, gold is set to experience an upward resistance for 19 months after its recent peak. Gold’s recent peak was $1,014 in March ’08, roughly 17 months ago. If this bull market [...]
By Kishori Krishnan Exclusive To Gold Investing News Its a revamped third five-year pact to limit sales of European central bank gold, complete with a lowered ceiling for planned disposals, but it is seen boosting the investment case for bullion and extending its multi-year rally. The European Central Bank surprised markets last week with the [...]
By Kishori Krishnan Exclusive To Gold Investing News It is a small Quebec town and it has great potential. In a $1 billion project, the streets of Malartic will soon be ripped asunder and residents relocated to get at one of the largest gold deposits in North America discovered under the town. The streets of [...]
Teryl Resources (CVE:TRC) reported today on preliminary assey results from the Gil joint venture with Kinross (TSE:K) in Alaska. The company reported results up to 65 feet of 0.1 ounces per ton gold, which translates to 19.8 meters of 3.12 grams per tonne. Asseys for only two of 17 R/C holes have been received. The [...]
As an emerging gold producer, San Gold (SGR:TSX-V) is steadily building its production portfolio through continued exploration success on its Rice Lake Project in mining friendly Manitoba. Since it acquired the past producing Rice Lake mine in 2004, the company has nearly tripled its audited gold resources from 550,000 ounces to over 1.6 million [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold was softer on Monday but holding within reach of a seven-week high as inflation and economic fears boosted its appeal as a hedge against uncertainty. Spot gold bid at $928.50 an ounce in the early hours of Monday, compared with $930.70 late in New York on [...]
Monday, February 8, 2010