Overview
Avanti has acquired an undivided 100% direct interest in the past producing Kitsault Molybdenum mine in Northern British Columbia. A recently released Preliminary Feasibility Study estimated operating costs of $4.43/lb of moly and undiscounted net cashflow of $1.5 billion. Avanti intends to develop this mine in a manner acceptable to First Nations and all stakeholders [...]
Gold Investing News reports Teryl Resources (TSX-V:TRC) reported today their latest drilling results at the Gil deposit which they are joint venturing with Kinross Gold (TSX:K). Results include up to 4.38 grams per tonne over 32 metres.
John Robertson, the President of Teryl is quoted saying:
…several other exploration targets have been identified but not fully tested [...]
Gold Investing News reports gold stocks leave gold investors in a frenzy despite gold prices reaching above $1,000 mark.
Why the frenzy? Is it a mere bubble? What is behind the volatile rise in prices? There appear to be too many questions and too little answers.
For sure, there is intense interest among the world’s 100 most-in [...]
Gold Investing News reports gold is been talked about almost all media.
The company has disclosed it recently invested around US$400 million to buy the yellow metal in the expectation that it was not only a prudent way to preserve its funds but also that the metal’s price would rise significantly. The company has bought the [...]
Gold Investing News reports joint venture with Teryl Resources and Kinross.
Teryl Resources Corp. is one of the main holders of gold mining properties in Alaska’s Fairbanks Mining Division with significant land holdings around and adjacent to Kinross’ Fort Knox Mine, the largest producing gold mine in Alaska. The properties include the Gil project, which is a joint [...]
Gold Investing News reports gold seen as a safe haven commodity and currency.
The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse [...]
Gold Investing News reports gold price recovers as the dollar rose.
Spot gold rose to $913.15/$914.15 an ounce from $906.65 late in New York on Wednesday.
Canadian stocks gained too, building on their biggest rally since November, as mining companies rose with gold prices and financial stocks rallied for a second day on speculation that the worst [...]
Gold Investing News reports gold price dipped slightly on Friday last week.
Gold is undergoing a pullback after topping $1,000, said Peter Spina, an analyst at GoldSeek.com. “$1,000 was a strong technical barrier and it was played by many trader-technicians,” he added.
U.S. bullion dealers say the demand for gold and silver coins and investment bars so far [...]
Gold Investing News reports gold prices fell slightly with the huge US stimulus package.
Gold fell for a third straight day after US policy makers reassured investors that the economy would recover from the recession. “People have been buying gold on economic Armageddon, so to see Obama and Bernanke paint a rosier picture, I’m not surprised [...]
Gold Investing News reports the advantages of holding gold.
According to World Gold Council’s ‘Gold Demand Trends’, identifiable gold demand in tonnage terms rose 4 per cent on previous year levels to 3,569 tonnes. As shares on stock markets around the world lost an estimated $14 trillion in value, identifiable investment demand for gold, which incorporates [...]
Wednesday, January 6, 2010
0 Comments