Gold bull confirmed: What’s next?

Eric Sprott told Silver Doctors that he sees no reason for precious metals' to be priced so low with the current global economic weakness.

Rio could end up with a much bigger chunk of Ivanhoe come July 19 – 260 million new shares are expected to be issued representing some 35% of Ivanhoe's current outstanding shares.

The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58 billion of unexplored reserves of minerals and metals.

The U.S. Commodity Futures Trading Commission said on Wednesday that is charging defendants Ronnie Gene Wilson and Atlantic Bullion & Coin with fraud in connection with operating a $90 million Ponzi scheme.

“The economics of some of these projects has changed,” he said. “I think for the next two years, 18 months perhaps, we will just wait and see how things develop.”

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.

Ross Beaty, the founder of Pan America Silver and Equinox Resources, is not cowed by the bad economic news. He looks at the markets and still sees opportunity.

"Looking forward, the demand for drilling services from the senior mining houses continues to be strong."