Gold Price Will Get a Boost on Supply, Safe Haven Appeal: Newcastle
Gold – Bloomberg reported that Australian miner Newcastle expects support for gold in the near term, supplied by its safe haven appeal.
Gold – Bloomberg reported that Australian miner Newcastle expects support for gold in the near term, supplied by its safe haven appeal.
Gold – A group of Nevada Republicans does not want a broad business tax. It wants more mining taxes.
Gold – USA Today reported that Comstock Mining has discovered a highly concentrated deposit that some believe could yield $10 million in revenue
Gold – Mining Weekly reported that Randgold Resources has announced their intention to retain their status as a mid-tier gold producer, with a focus on paying dividends to shareholders.
Gold – Mining Weekly reported that QMX is actively seeking partners to assist in the re-activation of the Snow Lake mine in Manitoba.
Gold – Mining Weekly reported that Alamos Mining has extended its tender offer deadline for Aurizon shares in its latest move to compete with Hecla Mining to acquire Aurizon.
Gold – Bloomberg reported that Hecla Mining is buying Aurizon Mines Ltd. for $781.7 million. As quoted in the market report
Gold – Mining Weekly reported that Mongolia has cancelled some mining licenses indirectly linked to the Oyu Tolgoi copper and gold project, aiming to place pressure on Rio Tinto in advance of scheduled talks.
Gold – Nations that were formerly part of the USSR are largely overlooked, but not by everyone.
Gold – The Financial Post reported that it is expected that Lake Shore Gold Corp will be writing down some of its major assets in its fourth quarter report. As quoted in the market report: Lake Shore Gold Corp. says it will be reducing the carrying value of its assets in Mexico and Timmins, Ont., but the amount hasn’t yet been det
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