AngloGold Workers Return to Work After Brief Strike
All workers at Africa-focused AngloGold’s Mponeng and Moab Khotsong mines engaged in a strike on Saturday resumed work on Sunday evening, according to AngloGold’s Public Affairs Manager Alan Fine....
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Agnico-Eagle Mines Invests in Kootenay Silver
Canadian precious-metals producer Agnico-Eagle Mines has agreed to buy a 9.96% interest in Mexico-focused junior Kootenay Silver, through making a $4.75-million investment in a private placement....
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Short Covering Squeeze In Precious Metals and Miners?
A week ago I wrote about a potential rebound after capitulation and panic selling in precious metals and the miners. It now appears Goldman Sachs (GS) is covering its short on gold as it rebounds above...
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New Silver ETN Offers High Income Potential
A few months ago I wrote about the then new Gold Shares Covered Call ETN (GLDI) issued by Credit Suisse (CS). That exchange-traded note was designed to synthesize a long position in the SPDR Gold Trust...
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Gold And Silver To Recover In 2013, Reuters Precious Metals Poll
Gold climbed $15.50 or 1.09% yesterday to $1,430.40/oz and silver finished up 1.00%. Gold climbed to its highest in more than a week on Thursday, boosted by physical demand from store of wealth buyers...
View ArticleLiquidity & Overregulation Stymying Junior Miners
A lack of funding and government over-regulation of the mining industry are two of the most significant factors hampering the junior mining sector’s growth and project development efforts in South...
View ArticleSilver Slump Lures Buyers, Wait Time Rises in Singapore
The slump in silver this month has spurred demand for products from Silver Bullion Pte, one of Singapore’s largest suppliers of coins and bars to retail investors, depleting inventories and doubling...
View ArticleMAC: Canada a Global Mining Powerhouse
Canada’s current global mining leadership status should not be taken for granted, as mining investment dollars are highly mobile and global competition for it is fierce, Mining Association of Canada...
View ArticleSouth American Silver Files International Arbitration Against Bolivian...
South American Silver Corp. announced that its wholly-owned subsidiary, South American Silver Limited (“South American Silver”), has commenced international arbitration proceedings against the...
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Trading Gold, Silver, and Precious Metal Miners
How to trade Gold and other precious metals related investments is not that complex. But you must be willing to wait for price to provide low risk entry points before getting involved. Precious metals...
View ArticleFirst Majestic Silver Cuts Capital Spending
Mexico-focused miner First Majestic Silver has cut its capital budget by 18 percent as a result of the drop in the silver price, adding it could revise its capital budget again later this year should...
View ArticleSilver Plunges to Lowest Levels Since 2010
Silver plunged to the lowest level since September 2010, sending its ratio to gold to the highest in 33 months, while bullion extended the longest slump in four years as investment holdings contracted...
View ArticleFresh Plunge in Precious Metals “Natural”
Wholesale prices for gold and silver rallied from a fresh plunge in early London dealing on Monday, rising to stand unchanged and 2.3% lower respectively from the end of last week’s trade by lunchtime....
View ArticlePlatinum and Palladium Shine as Gold Tumbles
On today’s “Futures In Focus,” Bloomberg’s Alix Steel examines how use in catalytic converters has lifted platinum and palladium prices as gold and silver have fallen into a bear market. She speaks on...
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Precious Metals and Miners Start Bottoming Process
Precious metals and their related mining stocks continue to underperform the broad market. This year’s heavy volume breakdown below key support has many investors and trader’s spooked creating to a...
View ArticleSouth American Silver Lands International Arbitration Funding Agreement
Vancouver-based South American Silver (SAS), which early in May filed for arbitration against the Bolivian government over the cancellation of mineral tenements in 2012, has entered into a privileged...
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Gold Mining USA Set to Purchase Lode Mining Leases
Gold Mining USA announced that the company has entered into a contract for the purchase of the Preacher Mining Project Estate Leases. Preacher is an exploration stage, Gold and Silver mineral project...
View ArticleAustrade Encourages Junior Miners to Invest in Latin America
The Australian government’s trade, investment and education promotion arm, Austrade, has urged junior miners to get involved in Latin America. Speaking at the second day of the Paydirt Latin America...
View ArticleLiquidity & Overregulation Stymying Junior Miners
A lack of funding and government over-regulation of the mining industry are two of the most significant factors hampering the junior mining sector’s growth and project development efforts in South...
View ArticleSilver Slump Lures Buyers, Wait Time Rises in Singapore
The slump in silver this month has spurred demand for products from Silver Bullion Pte, one of Singapore’s largest suppliers of coins and bars to retail investors, depleting inventories and doubling...
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