Golden Touch Resources Corp. (CVE:GOT; FSE:0GT) is an exploration company focused on advancing its package of gold, platinum, and chromite projects in northern Albania.
Precious metals have enjoyed a spectacular rise today after the Federal Reserve signaled that interest rates will stay low for an extended period of time, no changes to policies or forecasts and telegraphed the end of its bond-buying program.
ETF Securities USA LLC announces that the total assets under management of its six products now exceed $3.5 Billion as of January 4th, 2010.
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.
Colossus Minerals and COOMIGASP, its joint venture partner report the beginning of an exploration program on the newly acquired land package contiguous to and surrounding the Serra Pelada project in Para State, Brazil. The first phase of planned exploration involves at least 5,000 metres of diamond drilling as follows: Step-out diamond drilling from surface to test for [...]
The Bloomberg reports on the Platinum Overtaking Gold as Metal of Choice on Autos. Even after a record 57 percent rally last year, platinum is cheap relative to gold, signaling more gains as demand grows from carmakers and exchange-traded funds. An ounce of platinum buys 1.41 ounces of gold, down 42 percent from the record [...]
Colossus Minerals (TSX:CSI) annouced new results from step out drilling today. The numbers continue to be impressive with 70 meters of 53.59 g/t gold, 20.77 g.t platinum and 31.3 g/t palladium. Colossus VP Exploration Vic Wall is quoted as saying: up to 400 metres south of the historical open pit, Colossus drilling has outlined substantial [...]
Colossus Minerals (TSE:CSI) reported today results from the first two of it’s Phase II drill results. Included in the results were 27.9 meters at 35.49 grams per tonne gold, 19.89 grams per tonne platinum and 25.14 grams per tonne palladium. This mineralization was intersected starting at 208.4 meters down hole. True widths have yet to [...]
By Kishori Krishnan Exclusive to Gold Investing News Gold jumped to its highest in Asia in almost four weeks on Monday as fears of a global flu pandemic prompted investors to seek safer assets. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April [...]
By Kishori Krishnan Exclusive To Gold Investing News With friends like these, who needs enemies? Silver and gold have a new best friend amongst their midst – Ben Bernanke. His pronouncement has engineered one of the last decade’s most dramatic turnarounds, with gold price leaping nearly 60 bucks and silver joining in the melee with a [...]
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