Argo Gold sells its Ontario-based South Wawa Gold project to RT Minerals

Stock is up 28% after reporting an indicated resource of 2.6 million gold equivalent ounces at 3.05 g/t and a tripling of the inferred resource.

To get a replacement tailing pond started for its mine, San Gold (TSE:SGR) clearcut a forest near the Wanipigow River, but the Manitoba branch of the Wilderness Committee accuses the company of taking down the trees before getting proper permission.

World number one miner BHP Billiton on Wednesday bought additional exploration plots near its Olympic Dam mine and $30 billion expansion project.

During May 2012 the price of gold dropped over 6% and investors withdrew over €1 billion from gold ETPs.

Asset manager at JPMorgan, Neil Gregson, says mining companies should pursue more takeovers as escalating costs prompt them to slow spending on expansions.

According to Kazakhstan's deputy central bank chairman, the central bank plans to boost the share of gold in its gold and foreign currency reserves to 20% from 14-15%

I must return to the topic of the Pebble Mine.  What is happening there is so extreme and contentious that it is setting the pinnacle (and possible the standard) for debate about opening new mines in sensitive places. 

India should be doing better, according to Raghuram Rajan, a professor of finance at the University of Chicago, but bad government policy keeps stepping on the country's growth and sends its citizens back to gold.

The Fed's new near-zero interest rate policy and purchases under QE1 kicked off on 16 December 2008. On 15 December 2008 an ounce of gold cost $837.50.