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Malaysia to tap 'latent demand' with gold futures offering
www.mining.com

The contract, which trades gold in the small volume of 100g, was designed to provide easier access, particularly for domestic retail investors. “In Malaysia, gold is a highly desirable commodity from a cultural standpoint, so the minimum contract size …

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Asian gold fever hits Thailand
www.mining.com

India and China’s love for gold seems to have whetted Thailand’s appetite for the shiny yellow metal, but industry analysts fear the real reason behind the sudden and steep increase in demand is speculative trading. The effects of this in the Thai …

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Agave Silver Corp. (formerly Cream Minerals) Announces Closing of First …
www.juniorminingnetwork.com

The Company has changed its name from “Cream Minerals Ltd.” to “Agave Silver Corp.”, and the Company’s stock symbol for its TSX Venture Exchange (“TSX-V”) listing has been changed from “CMA” to “AGV”. The post-consolidated common shares of the …

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Gold Miners Adjust as Debt Ceiling Looms
www.fool.com

A new risk event approaches Washington. Congress needs to raise the debt ceiling to prevent a debt default. Investors are flocking to safe haven assets as a hedge against an unstable financial economy. Low-cost miners Barrick Gold (NYSE: ABX ) and …

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Silver Bounces Back Following Midweek Price Drop
silverinvestingnews.com

Trevali Mining (TSX:TV,OTCQX:TREVF) on Monday provided an update on its Peru-based zinc-lead-silver Santander mine, commenting that commissioning of the processing plant is going well, as is zinc and lead-silver concentrate production. During …

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Peru, Bear Creek in talks on controversial Santa Ana silver mine
www.reuters.com

LIMA Oct 3 (Reuters) – Peru’s government has restarted talks with Bear Creek Mining Corp over the Canadian company’s stalled Santa Ana silver project and hopes work on the mine can resume, the mines minister said on Thursday. “We hope that the Santa …

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Fitch: Gold Under $1000 Could Mean 'Significant Pressure' For Miner Ratings
blogs.barrons.com

In some respects it’s obvious: A fall in the price of gold to $1,000 would be bad news for gold–mining companies, the stocks and ETFs. It’s another thing hearing ratings firm Fitch Ratings link the subject, even with caveats, to credit ratings. A five …

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Fortune Minerals announces sale of Camsell River Project
www.juniorminingnetwork.com

The Camsell River area is a former silver mining district, located south of the Eldorado mining district at Great Bear Lake. Silver mining was conducted in this region until 1985 and included the past producing Silver Bear, Norex and Northrim mines …

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Liberty Mines Signs Acquisition Deal for Snow Lake Gold Mine
www.azomining.com

Liberty Mines Inc. has entered into a definitive agreement with QMX Gold Corporation to acquire the Snow Lake gold project in Manitoba (the “Snow Lake Property”). Upon completion of the transaction, which is expected to close on or about November 25, …

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Overbought Stocks – Golden Star Resources Ltd. (USA) (NYSEMKT:GSS …
www.sbwire.com

Stamford, CT — (SBWIRE) — 10/03/2013 — High Rising Stocks provides investors with the hottest penny stock alerts on a regular basis. Our Penny Stock Newsletter will send you alerts through our Free E Newsletters with High Yielding alerts, market …

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Canadian Silver Hunter Completes $40000 Non-Brokered Private Placement
www.juniorminingnetwork.com

TORONTO, ONTARIO–(Marketwired – Oct. 3, 2013) – Canadian Silver Hunter Inc. (“CSH”) (TSX VENTURE:AGH) is pleased to announce that yesterday it completed a non-brokered private placement financing of 400,000 common shares of CSH (each, …

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Pebble Mine: A $300 Billion Precious Metal Motherlode Nobody Wants to Dig Up
www.dailyfinance.com

Scenic overview of beaver ponds in a tributary to Upper Talarik Creek, Pebble Deposit in Alamy Far removed from the hustle and bustle of modern society lies one of America’s most hotly contested mining projects. The proposed Pebble Mine in the Bristol …

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Gold Miners Analyst Watch: October Edition [Barrick Gold Corporation (USA …
seekingalpha.com

October is upon us and it is time again for an update on price targets for gold miners provided by analysts and available from Yahoo.com. As in previous installments we will be noting price targets and target changes in comparison with results …

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Rockhaven Resources Ltd. Discovers New Gold-Silver Zone Grading 28.2 g/t …
www.juniorminingnetwork.com

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 3, 2013) – Rockhaven Resources Ltd. (TSX VENTURE:RK) (“Rockhaven”) is pleased to announce additional results from the 2013 exploration program at the eastern portion of its 100% owned Klaza …

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FIRST MAJESTIC SILVER CORP. : Pre-Market Analysis: Newmont Mining Corp …
www.4-traders.com

The major movers in the sector included Newmont Mining Corporation (NYSE: NEM), Golden Star Resources Ltd. (NYSE MKT: GSS), Hecla Mining Company (NYSE: HL), and First Majestic Silver Corporation (NYSE: AG). All these companies are tracked by …

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Direxion Launches Leveraged and Inverse Junior Gold Miners ETFs
www.prnewswire.com

NEW YORK, Oct. 3, 2013 /PRNewswire/ — Direxion, a leader in alternative investment solutions, has launched two leveraged exchange-traded funds (ETFs) tracking the global equity performance of junior gold–mining companies.

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Economist calls on South Africa to save pivotal gold-mining industry
www.miningweekly.com

JOHANNESBURG (miningweekly.com) – Steps must be taken to halt the rapid decline of South Africa’s crucial gold–mining industry, economic strategist Chris Hart urged on Thursday. Hart, who was delivering the keynote address at the Tenova Mining …

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Hochschild Plans Acquisition of Two Peru-based Silver Mines
silverinvestingnews.com

The Financial Times reported that Hochschild Mining plc (LSE:HOC) plans to acquire two Peruvian silver mines by buying out its minority partner’s 40-percent stake in the two assets. As quoted in the market news: One of the mines, Pallancata, produces …

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Gold Mining Reserves Set to Shrink
goldnews.bullionvault.com

Gold mining reserves are determined by a combination of factors: mostly cut-off grades, metals price assumptions, and projected production costs. For example, based on a gold price of $1500 per ounce, a project may have economic ore at a cutoff grade …

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Gold Vs. Gold Miners: Which Is The Better Investment? [SPDR Gold Trust (ETF …
seekingalpha.com

Since 2000, there has been one question that I’ve heard time and time again from investors: “If you are interested in investing in gold (GLD), should you buy the physical metal or should you consider buying shares of mining companies (GDX)?” You’ve …

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Mandalay Resources announces results of ongoing exploration at its Cerro Bayo …
www.prnewswire.com

TORONTO, Sept. 30, 2013 /CNW/ – Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND) is pleased to provide an update on drilling results generated by the ongoing exploration program at its 100%-owned Cerro Bayo silver-gold …

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