By Dave Brown – Exclusive to Gold Investing News On Friday, the U.S. Labor Department released figures indicating that payroll records fell by 159,000 in September, the biggest decline in five years. The unemployment rate remained constant at 6.1 per cent, which had already appreciated from April’s levels of 5 per cent. As if they [...]
Shoshone Silver Mining Company reports it has agreed to sell its California Creek claims located near Elko, Nevada to Bayswater Uranium Corporation, Vancouver, BC. Upon completion and approval of this agreement by the TSX Venture Exchange, Shoshone Silver Mining Company will receive 200,000 shares of Bayswater common stock. Shoshone Silver Mining’s President, Lex Smith states: “Shoshone’s sale [...]
allAfrica.com(Sept 11th) reports The Reserve Bank did not pay the gold producers for deliveries made in June 2008, which amounts to US$25 million. In a correspondence written to Misheck Sibanda-chief secretary to the president and cabinet two weeks ago, disgruntled gold producers appealed for an urgent intervention from government to speed up payments by Fidelity [...]
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