Category: Gold
Boulder history: Economics a factor in reopening Bueno mine
In 1859, when Colorado’s prospectors first discovered gold in what is now Boulder County, the price of gold (set by the federal government in 1837) was $20.67 per ounce.
Colombia Crest Gold discovers additional anomalous gold zones at the Arabia Area, Colombia
Colombia Crest Gold Corp. (“Colombia Crest”; the “Company”) (TSX-V: CLB)(ECRTF.PK)(EAT) is pleased to announce two additional areas of anomalous gold were defined by the latest soil sample results, bringing the total to four large porphyry targets at the Arabia Porphyry Gold-Copper Complex, Antioquia Province,Colombia.
ABG to up gold production
African Barrick Gold plc (ABG), one of the largest gold producers in Africa said it expects to increase gold production by about 300,000 ounces a year in the next two years.
New preliminary feasibility study improves Seabridge Gold’s KSM Project
Seabridge Gold Inc. (SEA.TO)(SA) announced today the results of an updated National Instrument 43-101-compliant Preliminary Feasibility Study (“PFS”) for its 100% owned KSM project located in northern British Columbia, Canada.
Southridge signs letter of intent to purchase El Horconcito Gold Mine
Southridge Enterprises Inc. (PINKSHEETS: SRGE) (“Southridge” or the “Company”) is pleased to announce that the Company has signed a Letter of Intent (LOI) with San Dimas Mineria S.A. to acquire a 100% interest in the El Horconcito Gold Mine, in the state of Durango, Mexico.
Gold and base metal plays: Jerome Hass and Jimmy Chu
Toronto-based hedge fund managers Jerome Hass and Jimmy Chu of Lightwater Partners discuss their strategic approach to taking long positions on gold, zinc and tungsten opportunities around the world.
Lead poisoning epidemic due to artisenal mining
Thousands of children have been sickened in Zamfra State, Nigeria, due to lead poisoning from artisanal mining, according to a report by Doctors Without Borders. Doctors Without Borders estimates that 1,500 children in the village of Bagega have been suffering from …
Gold takes it on the chin…what’s next?
There was a strong reaction yesterday to the elevated debt crisis in Europe, with commodities and equities being indiscriminately sold. Gold fell 3 percent this week, losing its safe haven status as the dollar grew stronger and the 10-year government note headed lower.
Money slow down
Many have called for very high levels of inflation possibly leading to hyperinflation.
Gold is not a growth industry—it can just pay investors big: John Hathaway
John Hathaway is and will remain bullish on gold, the advice he most often gives mining companies and the investing advice that has stayed with him for almost 50 years.
