Gold Price Edges Up as Greece Votes ‘No’

Gold Price Edges Up as Greece Votes ‘No’

Gold – Greek voters have voted 'no' in a much anticipated referendum on terms of the latest bailout agreement for the country. Gold prices rose during Monday trading hours in London, gaining 0.3 percent to reach $1,170.61 per ounce.

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Nexus Gold CEO Peter Berdusco on ‘Elephant Hunting’ in Nevada

Gold – Peter Berdusco of Nexus Gold recently spoke with INN about Nexus' Walker Ridge project in Nevada and what the company has been up to lately. According to the CEO, Nexus is looking for a Carlin-style deposit within the Independence/Jerritt Canyon Gold Trend in Northeastern Nevada.

Brian Robertson of Source Exploration: ‘Drilling Towards NI 43-101 Resource’

Gold – Brian Robertson, president and CEO of Source Exploration, discusses his company's Las Minas project and what it is like working in Mexico. "What we have at Source is a company that has been very successful in a number of areas. We have raised over $2 million in a very difficult junior resource market, we have drilled 4,000 meters, we have excellent people within the company and it is those companies with those attributes that will survive," he said.

Company News

Anfield Resources and Uranium One Sign Definitive Agreement For Shootaring Canyon Mill

Anfield Resources and Uranium One Sign Definitive Agreement For Shootaring Canyon Mill

Uranium – Anfield Resources (TSXV:ARY,OTCQB:ANLDF,FWB:0AD) has amended and signed definitive agreements with Uranium One (TSX:UUU) for the acquisition of the Shootaring Canyon Mill and substantially all of Uranium One’s conventional North American assets. Anfield will work with the TSX Venture Exchange to receive approval for the transaction, and the deal is expected to close by August 15 2015.

Orezone Gold Arranges C$6.5 Million Private Placement That Includes Ross Beaty

Orezone Gold Arranges C$6.5 Million Private Placement That Includes Ross Beaty

Gold – Orezone Gold Corporation (TSX:ORE) has arranged a C$6.5 million private placement, in which Ross Beaty and other long term shareholders including officers and directors of the company will participate. Proceeds will be used to advance permitting at the Bomboré project, for optimization of the recently completed feasibility study for the project and for general corporate purposes.

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Company Videos

Plateau Uranium Chairman Ian Stalker Talks Uranium in Peru

Uranium – Plateau Uranium (TSXV:PLU) Chairman Ian Stalker provided an update on the Company's flagship property on the Macusani Plateau in Puno, Peru, "We've been working this project for the last 12 to 18 months, and over the last 6 months in particular, fairly successfully pooling together all the uranium mineralization or known mineralization in the Macusani plateau into a single company... so that now we have a total uranium resource of over 124 million pounds in the 43-101 resource category."

Quaterra Resources CEO Steven Dischler Talks Plans for Yerington and Bear Deposits in Nevada

Copper – Quaterra Resources (TSXV:QTA,OTCMKTS:QTRRF,FWB:QR2) President & CEO Steven Dischler spoke to the Investing News Network about the Yerington, Nevada copper projects. He says that investors should watch out for the following catalysts in 2015, "We're going to be commencing drilling on the Bear Deposit, which is a known mineralized area in our district. It's a very large system, has historic drilling in it, and part of a big district. We want to begin drilling in the third quarter of this year - July or August - shortly. We're also doing some exploratory geophysical work on our ground there. We'd be presenting our drill results as we get them, through next year, and then lastly, we want to finish the sale of our Nieves Silver Project in Mexico. We entered into an agreement back in December of 2014 for the sale of that and the payments are coming in over the next 12 months."

Foran Mining CEO Patrick Soares Provides an Update on 2015 Catalysts

Zinc – Foran Mining Corporation (TSXV:FOM) CEO Patrick Soares provided an update on the Company's milestones and catalysts for the remainder of 2015. Mr. Soares reported, "Having completed a PEA at McIlvenna Bay, we saw the opportunity to do what we've been telling other people. We believe that the Hanson Lake Camp where McIlvenna Bay is located - we've got a lot of property there - and we believe, like Flin Flon itself, that this is a mining camp."

Market News

Japan’s Sendai 1 Reactor to be Loaded with Nuclear Fuel

Uranium – World Nuclear News reported that fuel will be loaded into Kyushu Electric Power Company's (TSE:9508) Sendai 1 reactor on Tuesday, a significant milestone in the restart of the first Japanese nuclear reactor since Fukushima.

Copper Price Falls to $5,720.50 a Tonne

Copper – Uncertainty surrounding the Greek debt crisis was unable to boost copper prices on Tuesday, and the metal slid 1.2 percent on the LME to hit $5,720.50 a tonne, according to Reuters.

Australia Cuts Iron Ore Price Forecast by 10 Percent

Iron – Reuters reported that Australia's Department of Industry and Science cut its iron ore forecast in 2015 by 10 percent, down to $54.40 per tonne due to a weak outlook for China's steel sector.

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