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Gold Price Rallies as Macquarie Raises 2010 Gold Forecast to $1,150


The price of gold has settled into a lower range after climbing into the all-time high of $ 1226 per ounce as gold prices and gold mining stocks have been facing the headwind of a stronger U.S. dollar. Correction recently gold prices have fallen $ 115 from the high-December 3 this morning for a low [...]

Global Downturn Impact, Mining Companies Slowdown Mine Production and Cut Mining Jobs


Mines and Geosciences Bureau (MGB) official said last week, “[The jobs to be generated] might be 40% lower because many companies have slowed production and developmentā€.

Gryphon Gold Conference Call Re: Nevada Eagle Resources LLC


Gryphon Gold Corporation : Gryphon Gold will hold a conference call on July 12, 2007 at 10:00am Pacific time to discuss the recent acquisition of Nevada Eagle Resources LLC (”Nevada Eagle”), a privately held Nevada corporation.
To participate in the live conference call please use the following dial in phone numbers:
416-406-6419 / 888-575-8232.
A replay of the [...]

Royal Gold Closes Pascua Lama Royalty Transaction


ROYAL GOLD, INC. today announced that is has closed its $20.5 million transaction with a private individual to acquire a sliding-scale net smelter return (”NSR”) royalty on the Pascua Lama project, as previously announced on January 17, 2007. The Pascua Lama project, located on the border between Argentina and Chile, is owned by Barrick Gold [...]