Gold Reserve Inc




Base metals prices confound expectations

After a week (Jan. 28-Feb. 1) which saw copper move from severe vulnerability to the strongest technical close in more than six months and aluminum climb above US$1,400 per tonne, the base metals comp…


Brett licence approved

The government of El Salvador has issued an exploration licence covering the El Potosi gold mine to Vancouver-based Brett Resources (BRN-V). The new licence was issued in conformance with a new Mining…


Credit: Paul van EedenFig. 1: The top line is the U.S.-dollar exchange rate. The bottom line is the gold price in U.S. dollars. The middle line shows the average gold price in the world as measured by a basket of 51 currencies weighted by the countries' relative gross domestic product in 1995.

What’s in store for the US dollar and gold?

In a short essay titled Making sense of the gold price, Paul van Eeden of Rick Rule’s San Diego-based Global Resource Investments makes a compelling case for buying gold to protect against a weakening…


Francisco eyes targets in Guatemala

Vancouver — Junior Francisco Gold (FGX-V) has identified additional targets on ground surrounding the promising Marlin Main zone in Guatemala.Regional prospecting and sampling 30 km southeast of the …


Vannessa seeks injunction

Vancouver — Legal issues are once again taking centre-stage at the Las Cristinas gold property in Bolivar state, Venezuela. Minera Las Cristinas (Minca), which is 95%-held by Vannessa Ventures (VVV-V…


US data drag prices lower

Despite fresh production cuts in zinc and copper (in byproduct form), base metals prices continued to trend lower during the report period Oct. 29-Nov. 2, dominated by poor economic data out of the U….


Base metal consumption falls

The extent to which the world has changed since the events of Sept. 11 was made more clear when the base metals industry gathered for LME Week (Oct. 22-26), a major event in the metals calendar year. …


CDNX holds ground as rockets roar

Vancouver — The highly anticipated first strike by U.S.-led forces against Afghanistan failed to rattle Canada’s junior exchange during the 4-day report period ended Oct. 9. The Canadian Venture Exch…


IMF forecasts spur optimism

Metals prices turned in another poor performance during the report period Sept. 24-28 as fears over the global economic outlook intensified. Of the major London Metal Exchange metals, nickel and zinc …


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