| | | | US Global Investors CEO Frank Holmes maintains that gold bullion is likely to rise significantly, albeit in a volatile fashion and, believes that gold stocks, especially those paying dividends will do well | | | | | | TOP STORIES | Friday , 05 Aug 2011 | | Cameco anticipates global uranium production will decline slightly this year as the company remains within its guidance of 31 million to 33 million pounds. Friday , 05 Aug 2011 | | Comments yesterday from the president of the ECB on the spreading Eurozone debt crisis precipitated a general global stock market crash with the mining sector and metals amongst the major fallers. Friday , 05 Aug 2011 | | The uranium miner said uranium sales are expected to be 100,000 pounds lower than projected partly due to the timing of production and in part to a decision to defer some sales to 2012 as a result of current market prices Friday , 05 Aug 2011 | | A strong quarter's results reported by West African gold miner Randgold Resources breaking all records, with the prospect of continuing good growth into the quarters and years ahead. Friday , 05 Aug 2011 | | Gold and silver prices are on a merry dance in India, scorching past an all-time peak, and savvy investors are drawn to the rich spoils, with many traders expecting prices to continue upward toward $1,800 Thursday , 04 Aug 2011 | | Brazil-focused junior Talon Metals adds hefty tonnage to its Trairão iron project as it works towards a scoping study due out later this year. Friday , 05 Aug 2011 | | Extorre released round two of its mine outline for the Cerro Moro gold-silver project in Argentina, increasing mill throughput and gold-silver production. Thursday , 04 Aug 2011 | | The latest slew of very positive gold producer earnings figures will help in rerating gold stocks - and these have come in ahead of the recent huge surge in precious metals prices which should mean further big rises ahead Thursday , 04 Aug 2011 | | The Diamond producer said Thursday it had signed a two-year wage deal with South Africa's National Union of Mineworkers that brings to an end a 14-day strike Friday , 05 Aug 2011 | | South Africa's National Union of Mineworkers said Thursday it had received an improved wage offer from Impala Platinum Friday , 05 Aug 2011 | | An initial tally of 15% of votes shows that workers at Chile's Escondida mine are leaning toward an acceptance of a bonus offer that would end a two week strike at the copper deposit Friday , 05 Aug 2011 | | When Richard Nixon closed the gold window, foreign money stepped in to fill the gap left open between taxes and spending, the question now becomes how long is that likely to last Thursday , 04 Aug 2011 | | James West, who advocated a move out of equities and into bullion in June thinks now might be a good time to get the most out of juniors that are looking a bit worse for wear- A Gold Report interview Thursday , 04 Aug 2011 | | Announcements by the Bank of Japan and the Swiss National Bank that they are to weaken their currencies are the latest indictment of the weaknesses in the global currency system; can gold really provide a solution? Thursday , 04 Aug 2011 | | Julian Phillips' Gold and Silver Money Morning report looks at the major upwards moves still taking place in gold and silver prices today. Thursday , 04 Aug 2011 | | Coal India's plans to acquire Golden Energy's coal mines is set to come apart at the seams due to the delays in getting government approval and an unfeasible 12% internal rate of return. Thursday , 04 Aug 2011 | | The gold miner said its earnings were boosted by higher gold prices and successful containment of costs but CEO, Mark Cutifani, warned of further cost increases and the group cut its FY production target Thursday , 04 Aug 2011 | | Although Moody's recently upgraded Stillwater Mining's rating with a stable rating in the wake of the proposed acquisition of Peregrine Metals, angry analysts and investors are thirsting for blood. Thursday , 04 Aug 2011 | | A look at some of the underlying reasons for the mining strikes seen over the last few weeks in South Africa and Chile and some of the longer term implications | | Michael Power, Investec Investment strategist takes a look at the implications of the latest kick of the US debt can, the growing role of china and the likely impacts on commodities | | HSBC precious metals analyst, James Steel looks at the likelihood of increased volatility in the gold market and the continued growth in emerging market demand in the wake of the macro economic turmoil | | |
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Auriga Gold announces initial resource estimate for the Maverick Gold Project, Manitoba: Auriga Gold Corp. (AIA:TSXV) is pleased to announce its initial resource estimate for the Maverick Gold Project, on the Puffy Lake Mine Deposit, 65 km from Flin Flon, Manitoba, Canada. Please see the attached press release and attached images of the resources and the area map. Drilling to May 2011, has resulted in optimized in-pit and underground Indicated Resources totalling 174,000 ounces gold and Inferred Resources totalling 558,000 ounces gold. The resource has been estimated by P & E Mining Consultants Inc. using the results from over 300 historical drill holes by previous operators and 41 holes drilled by Auriga Gold since December 2010. Richard Sutcliffe, Auriga Gold's CEO, commented, "The initial resource estimate at the Puffy Lake deposit is very promising and we are particularly encouraged by the optimized in-pit resources that will form a potential starter pit for resuming operations. This resource represents a significant increase in total Au ounces over the historical results, reflecting a reduction in underground cut-off grade to 2.5 g/t gold. To read the full release click here. | | | | | | | | | | | | CONFERENCES | Denver Gold Forum 2011 | | Date: 18 September 2011 - 21 September 2011 | | Venue: Broadmoor Hotel & Resort, Colorado Springs, USA | | Major event hosted by the Denver Gold Group, The Denver Gold Forum will showcase institutional-quality precious metals companies to global fund and portfolio managers, institutional investors and analysts. Mineweb's Dorothy Kosich will attend Read More | | | | | | FEATURED
COMPANY | ENGINE ROOM Editorial Europe Lawrie Williams, London
Geoff Candy, Groningen
Rhona O'Connell, London Americas Dorothy Kosich, Reno
Kip Keen, Halifax, NS
Asia and Australasia
Shivom Seth, Mumbai
Ross Louthean, Perth
Kerry Stevenson, Sydney
Sales and Marketing
Jan Chadwick, International
Wendy Hora, Australasia Editor in Chief Alec Hogg, Mooi River, SA | | |
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