Fortuna resumes operations at San Jose mine

Large-scale gold futures investors jockey for bullish positions as gold price momentum builds towards $1,300 an ounce.

The mining giant is said to have hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.

First time a country partners with privates to boost the development of the industry.

Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.

"In an environment of rising event risk, sub-zero interest rates and now the potential of rising inflation gold and silver should continue to prosper."

The drill bit is essential to junior mining companies. Only through active exploration can investors separate the companies with potential from those without.

Gold's up $70 since Friday as inflation adjusted interest rates in the US falls to a one-year low.

It wasn't so long ago that some of the more famous investor gurus were shrugging off gold as nothing more than shiny trinkets with no investment value. They were wrong.

Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. said to be among potential bidders.