Gold
Gold price below two and a half month high
The gold price fell in Asia on Monday morning, but remained below its two and a half month high. A disappointing US employment report suggested that the US Federal Reserve might postpone its asset run-down schedule, which gave a boost to the yellow metal. Gold …
A Government Target in Plain Sight…….You and Your Savings!
Anybody that has been following world events over the past several months knows we are living in a world gone crazy. And, it’s a world within which the bad guys are winning. The Taliban has taken control of Afghanistan once again, with aims to turn it into a …
Gold price chart shows sign of another correction
Should bear pressure increase and break the $ 1,818 level, the price could fall to the support levels at $ 1,789, $ 1,741 and $ 1,680. Should the bears fail to break the $ 1,818 level, the price could move further towards the $ 1,845 resistance level before …
Falco Resources announces cooperation with Glencore
Falco Resources Ltd. \\\[FPC-TSXV\\\] said Monday that there is an agreement in principle with Glencore Canada Corp. on the development and operating license of Falco's flagship Horne 5 gold project in Rouyn-Noranda, Quebec. Falco said the agreement sets the …
Eric Zaunscherb to become new GR Silver Chairman
GR Silver Mining Ltd. \\\[GRSL-TSXV, OTCQB, GPE-Frankfurt\\\] announced on Monday that it has appointed Eric Zaunscherb as the company's non-executive CEO with effect from July 1, 2021. Zaunscherb, who has been a director of GR Silver since April 2020, is a …
Federal Reserve comments send gold prices downwards
Last year proved to be a dream for gold speculators and investors after the gold price soared to historic highs thanks to a perfect storm out of a global pandemic, massive government stimulus programs, a weakening dollar, and a bull market that eventually ran …
Saskatchewan is slowly becoming a mining hot spot
The Canadian Prairie Province of Saskatchewan has an astonishing number of mineral resources and is home to mines in many places: uranium, potash, copper, zinc, gold, nickel-cobalt, rare earths and more. The La Ronge-Flin Flon area is a very promising mineral …
Gran Colombia finishes the Gold X Mining takeover
Gran Colombia Gold Corp. \\\[GCM-TSX; TPRFF-OTCQX\\\] has acquired all of the issued and outstanding common stock of Gold X Mining Corp. \\\[GLDX-TSXV; GLDXF-OTCQX\\\], which were not already owned by Gran Colombia, were closed by a statutory plan of …
Russia is becoming the world´s largest gold producing country
Russia plans to become one of the world's largest producers of gold and platinum group metals within the next decade by starting the development of the Sukhoi Log and Fedorova Tundra projects - two of the largest resource-rich regions in the country in terms …
Gran Colombia plans to produce up to 220,000 ounces this year
Gran Colombia Gold Corp. \\\[GCM-TSX; TPRFF-OTCQX\\\] is a growth-oriented mining company that is 100% owner of one of the highest grade gold mines in the world. Gran Colombia's Segovia operation in northwest Colombia, which has been in production for over a …