Facts ‘n’ figures: GFMS finds gold hedging back in fashion
The following is the summary portion of the report Global Hedge Book Analysis Q2-2011, which is produced by Thomson Reuters GFMS and available in full at www.gfms.co.uk.
Gold
Oyu Tolgoi investment agreement safe…for now
Less than two weeks after a group of twenty parliamentarians in Mongolia accused the government of breaking the law when it concluded an investment agreement (IA) on the Oyu Tolgoi project, Ivanhoe Mines (IVN-T, IVN-N) issued a joint statement…
Eight new mines to open in BC by 2015, but which ones are they?
B.C.’s new premier, Christy Clark, has unveiled a new jobs plan for the province that is long on rhetoric and short on details.
A Pick-3 from the Precious Metals Summit
While a host of juniors strutted their wares here at the Precious Metals Summit in mid-September, we recap the presentations of three companies that have a good chance of generating news in the coming months: Axmin (AXM-V), Malbex Resources…
Foundation, Alto tally Coldstream resource
Foundation Resources (FDN-V) and Alto Ventures (ATV-V) have released an initial compliant resource for their 60–40 split East Coldstream project in northwestern Ontario.
Precious Metals Summit stakes claim as a top junior destination
Think of a gold mining conference, and your mind probably goes to the annual, four-day Denver Gold Forum, which remains one of the year’s premier events of its kind.
Agnico’s Boyd has the answers
Investors in Agnico-Eagle Mines (AEM-T, AEM-N) have two things on their minds these days, said the company’s president and CEO Sean Boyd at the Denver Gold Forum in September.
Detour Gold to acquire Trade Winds
In a move to gain more flexibility exploring the Detour Lake camp, Detour Gold (DGC-T) has proposed a friendly takeover of Trade Winds Ventures (TWD-V) for $84 million.
TerraX rises on assay-less Newfoundland drilling update
TerraX Minerals (TXR-V) has released its second assay-less drilling update in less than a month from its Stewart gold-copper project in Newfoundland’s Burin Peninsula. Shares of the company climbed 8¢, or 26%, on the news, closing at…
Paramount wakes up Sleeper mine with new resource
Working to revive the past-producing Sleeper gold mine in Nevada, Paramount Gold and Silver (PZG-T, PZG-X) has released a first estimate as to how much gold could be left in the ground.
Avion misses its Q3 gold production target
Avion Gold (AVR-T) has missed its third quarter gold production by 17% due to heavy rains and delays for equipment parts.
Roxgold finds more “spectacular” gold hits
Roxgold (ROG-V) keeps hitting intriguing results at its Yaramoko gold concession in western Burkina Faso, near the capital city Ouagadougou.