Gold

Standard Chartered says gold could hit US$5,000 per oz.

After a decade-long bull market “the gold mining industry has done little to bring on new supply,” Standard Chartered concludes in a new report, arguing that the gold market is likely to be in deficit until at least 2015.


Strong drill results from Haile

Romarco Minerals (R-T) is continuing to see high-grade results from its Haile gold property in South Carolina as part of its ongoing drill program.


At Wallbridge Mining's Broken Hammer copper-platinum-palladium-gold project near Sudbury, Ont., from left: manager of joint ventures Joshua Bailey; director Darryl Sittler; president and CEO Alar Soever; director Parviz Farsangi; and chairman Warren Holmes. Photo by Salma Tarikh

Wallbridge eyes producer status

It’s been a slow ride for Wallbridge Mining (WM-T), but one that has been picking up. With one spin out, another in the making and a project near production, the explorer is ready to change gears. 



Rainy River rains gold

A spectacular intersect of 1,335 grams gold per tonne and 76.7 grams silver in 2 metres, just 42 metres below the surface, sent shares of Rainy River Resources (RR-V) up 29¢, or 3%, to $10.05 per share.





AngloGold move lifts First Uranium

AngloGold Ashanti (AU-N) clearly likes the discounted price on uranium plays and its confidence in one producer is reverberating through the market. The gold producing senior miner is taking a significant position in Toronto-based First Uranium…





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