Gold Coins Lose Shine in 21st Century Gold Rush

August 4, 2008 Category: Gold Prices

Gold coins “stuck in the Seventies” claims gold-trading website BullionVault.com as private investment in gold surges. Gold is considered a ’safe’ and therefore popular investment in times of economic turmoil. The UK’s currently turbulent economic climate has caused a surge... Read more..

AngloGold Ashanti Agrees to Acquire 100% of Sao Bento

July 31, 2008 Category: Gold, Mining Companies, Mining Stock

AngloGold Ashanti Limited announced that it has entered into a letter agreement with Eldorado Gold Corporation (”Eldorado”) to acquire 100% of Eldorado’s wholly owned subsidiary, São Bento Gold Limited (”SBG”), which company in turn wholly owns São Bento Mineração S.A.... Read more..

High-Sulphidation Gold Discovery in Armenia

July 31, 2008 Category: Copper, Gold, Lead, Mining Companies, Silver

Lydian International Ltd has told the press that the company has just diversified U.K. mineral exploration and development company, today announced results from further drilling at its Amulsar gold discovery in Armenia. Results from a further 7 holes have been returned. All drill holes returned gold... Read more..

Fortress Financial Group, Inc. – Further Stock Repurchases

July 30, 2008 Category: Mining Stock

Fortress Financial Group, Inc. confirms that the Company has repurchased additional amounts of its “free trading” shares of its Common Stock on July 28, 2008 and July 29, 2008. The Company repurchased an additional amount of 816,000,000 shares of its “free trading” stock at prices... Read more..

Fortress Financial Group, Inc. Confirms It Is Taking a Stand on the Company’s Investments in Hunt Gold Corporation

July 30, 2008 Category: Gold, Mining Companies, Mining Stock

Fortress Financial Group, Inc. notes that Hunt Gold Corporation has issued a Press Release today which states that Fortress Financial Group, Inc. is playing “hard ball” with them and that they are very likely subject to a takeover bid. Alan Santini, the CEO of the Company, confirms that “the... Read more..

International Royalty updates investors on key royalties

July 28, 2008 Category: Copper, Gold, Mining Companies, Mining Stock, Platinum, Silver

International Royalty Corporation is pleased to report on key updates to the Company’s royalty portfolio. IRC’s large royalty portfolio can make it difficult for investors to track activities occurring on the variety of projects affecting the Company. Therefore, IRC is pleased to provide... Read more..

Nickel sees 2-yr low

July 26, 2008 Category: Aluminium, Copper, Nickel

It has recently reported that Nickel hit a two-year low on Friday as worries about demand from stainless steel mills mounted, while copper came under pressure from fears of global economic slowdown. Three-month nickel on the London Metal Exchange touched $18,250 a tonne, the lowest since June 2006.... Read more..

Platinum bounces; Gold near 2-week low on weak oil

July 24, 2008 Category: Platinum

As it has been reported by the media that Gold dipped on Wednesday as oil extended losses and robbed the metal of some of its appeal as a hedge against inflation, while platinum bounced after falling to its lowest level in more than five months. Gold was also weighed by the U.S. dollar, which held much... Read more..

Century Mining hires advisors to evaluate strategic options

July 23, 2008 Category: Gold, Mining Companies

Century Mining Corporation announced that it has initiated a strategic review process in response to recent difficulties the Company has encountered in its efforts to secure financing. This review process was initiated as a result of Century’s evaluation of severe equity market conditions and the... Read more..

At least five companies to submit bids on Udokan copper field tender- Rosnedra

July 21, 2008 Category: Copper

As it is reported by the interfax.com, it said that Russia’s subsurface management agency Rosnedra has announced the results of the bid campaign for the giant Udokan copper field in the Chita region. further the site elaborated that Five companies submitted bids to take part in the tender... Read more..

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