Posts Tagged ‘positive’

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Tanzanian Royalty Reports More Positive Results From Phase 2 Drilling Program in Footwall Zone on Eastern Porphyry Prospect at Buckreef Project

- Tanzanian Royalty Exploration Corporation is pleased to announce the receipt of further positive assay results from the ongoing Reverse Circulation drilling program in the Foo Full story

Gold hammered again despite talk of $2.5 trillion Europe bailout

Gold hammered again despite talk of $2.5 trillion Europe bailout
Gold for December delivery dropped $40, or 2.5%, to just under the $1,600 an ounce level in midday trade on the New York Mercantile Exchange on Monday, but had recovered from sharp losses which saw the metal reach a low of $1,535 shortly after the open. Talk that a bailout for the Eurozone could top 2 trillion euros failed to boost the demand for gold ... Full story

Bard Ventures up seven percent after announcing drill results of 70.49 gm/t silver over 214.7m at Lone Pine property

Bard Ventures up seven percent after announcing drill results of 70.49 gm/t silver over 214.7m at Lone Pine property
Bard Ventures (CVE:CBS) was up 7.69% on Friday, bucking a down day in the markets when the S&P/TSX Composite index was down 2.34%, after the company announced drill results of 70.49 gm/t silver over 214.7m at Lone Pine Property. Full story

Rubicon Minerals: PEA shows 477,000 indicated oz at Phoenix Gold Project, Red Lake, Ontario

Rubicon Minerals: PEA shows 477,000 indicated oz at Phoenix Gold Project, Red Lake, Ontario
Rubicon Minerals Corporation is pleased to announce the positive results of a Preliminary Economic Assessment ("PEA") for its F2 Gold System, part of its Phoenix Gold Project located in the Red Lake, Ontario gold district. The PEA was prepared by AMC Mining Consultants (Canada) Ltd. ("AMC") with metallurgical sections prepared by Soutex Inc. Full story

Precious metals surges on Egypt crisis

Spot Gold prices closed in the positive territory on Monday, on worries that unrest in Egypt could spread across the Arab world.Building inflationary expectations on the back of tight supplies of various agri commodities is also supportive for gold Full story

Dragon Mining doubles gold reserves to 103,300 ounces at Svartliden in Sweden

Dragon Mining (ASX: DRA) has boosted Proven and Probable gold ounces by 87% to 103,310 at the Svartliden Gold Mine in Sweden and in the process extending production at Svartliden into 2014. The increase has come from the positive decision to deepen Full story

Vista Gold Corp. Announces Results of a New Preliminary Feasibility Study at the Batman Deposit at its Mt. Todd Gold Project, Northern Territory,…

Released By Vista Gold Corp. Share: Rating: Text Size: DENVER, Jan. 4, 2011 /PRNewswire/ -- Vista Gold Corp. Full story

Precious metals trades up on extended buying

Previous Analysis| Next Analysis Bullions traded in the positive range on the back of weaker greenback as well as year end buying at high levels on the back of global pessimism. Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded Full story

Chesser Resources hits further broad high grade gold at Kestanelik in Turkey

Chesser Resources (ASX: CHZ) has received further positive assay results from seven diamond drill holes at its 10,000 metre phase 3 drill program at the Kestanelik Project in Turkey, intersecting a 19 metre-wide zone of high grade gold mineralisation. Full story

Loonie falls against U.S. dollar, traders move to gold, greenback

TORONTO - The loonie shifted lower against the U.S. dollar on Tuesday despite the positive influence of higher gold and base metals prices as a report showed Canada's economy is losing steam. The Canadian dollar lost 0.76 of a cent to 97.41 cents US as Full story
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