Posts Tagged ‘Silver’

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Great Basin Gold misses production targets: Wednesday Market Roundup

Wednesday market sentiment was jittered by the never-ending Greek debt negotiations story. Main indices recovered some of the ground lost earlier in the morning but some of them were still low in the afternoon session. The Dow Jones Industrial Average was down 17.98 points or -0.14% to 12,860; the Nasdaq Index recovered and marched into green territory scoring a 2.06-point gain or +0.07% to ... Full story

Peru no longer the second major silver producer — Minister

Peru’s Mines and Energy Ministry (MEM) reported a drop in the 2011 production of the country’s major export metals, including silver, copper, gold, lead, tin and zinc. Silver production fell 6.22% in 2011, compared to 2010; followed by copper (0.96%) and gold (0.04%). In contrast, iron ore and molybdenum production increased According to data provided by the MEM, Peru’s cumulative gold production for last ... Full story

Dia Bras Exploration Approves its Largest Exploration Budget Programme at the Yauricocha Mine in Peru

Dia Bras Exploration Approves its Largest Exploration Budget Programme at the Yauricocha Mine in Peru
TORONTO, ONTARIO–(Marketwire – Feb. Full story

Bubbles come, bubbles go.

Bubbles come, bubbles go.
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Yukon-Nevada Gold rallies after restarting Jerritt: Monday Market Roundup

Monday morning stocks dropped slightly in response to Greece dragging its feet on accepting the terms of a new bailout deal. The S&P five-week rally – based on better-than-expected U.S. data – along with rallies in other indices took a breather. Full story

Kyrgyzstan’s gilded economy

The state agency of geology and mineral resources of Kyrgyzstan announced this week that in 2011, the output of the gold-mining industry of the ex-Soviet republic increased by 41.7% compared with 2010. The value of gold production was $1.9 billion, almost a full 15% of the impoverished country’s $13.16 billion (2011 est.) gross domestic product. Full story

Which way now for precious metals?

After marching steadily higher early in the week, gold and silver saw their biggest one-day losses in more than a month on Friday as hopes for more Fed money printing were dashed after the better-than-expected labor report. Full story

Does US Mint gold coin January sales signal return to fundamental driven demand?

Read more : gold bullion,gold silver,silver prices,silver news,silver demand,silver bullion Dr. Full story

Royal Gold Reports Record Revenue and Net Income for Second Quarter Fiscal 2012

Record royalty revenue totaled $68.8 million, a 22% increase year-over-year Record net income rose 28% year-over-year to $23.4 million, or $0.42 per basic share Operating cash   flow totaled $29.3 million Mt. Milligan gold interest increased to 40% Gold and silver interests purchased on Tulsequah Chief project Raised $268.4 million in January 2012 DENVER–( BUSINESS WIRE )– ROYAL GOLD, INC.  (NASDAQ:RGLD) (TSX:RGL) today announced record ... Full story

Boxxer acquires partner interest in Buena Vista copper-gold project

CALGARY, Feb. 3, 2012 /CNW/ – Boxxer Gold Corp. (TSXV: BXX)(OTC: BXX) (Other-BXXRF) (“ Boxxer or the Company “) is pleased to provide an update on corporate activities on its now 100% owned Buena Vista copper-gold project in north central Nevada. Full story
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