Gold

Halifax-based Metals Economics Group (MEG) published Thursday its Pipeline Activity Index (PAI), which shows equity financing conditions continue to take their toll, as gold companies were able to raise only $445 million through equity placements in May-June—the lowest two-month total since late 2008.

Credit Suisse announced Wednesday it recruited David Hammond, the well-known mining banker from Morgan Stanley, to head up the mining and metals efforts of the Swiss bank worldwide.

The Vancouver-based gold junior's stock was worth a mere 7.5c when the first drill results from its Las Tres Palmas trend in the Dominican Republic was first released. By June 1 it had increased ten-fold. On Wednesday it gained another 22% after new drill results hinted just how rich the Romero discovery may eventually turn out to be.

The US is not at the beginning of a recovery, according to David Stockman, former Director of the Office of Management and Budget.

Calling gold the ultimate money, Jay Taylor, editor of Jay Taylor's Gold, Energy & Tech Stocks, watches the real price of gold with a gimlet eye. In this exclusive Gold Report interview, Taylor shares promising names in each of the four categories in his model portfolio.

The most deep-pocketed shopper among the 150 or so boutiques in Khartoum’s gold district is the Sudanese central bank.

The world's largest primary silver producer and Mexico's second largest gold producer, Fresnillo PLC reached record gold production levels and says it remains confident that it will meet its gold and silver production targets for 2012.

Russian-Canadian miner Rusoro Mining, is asking an arm of the World Bank to intercede in a legal dispute with Venezuela after the country nationalized its gold industry, and took over the junior’s investments without compensation.

AuRico Gold Inc. (NYSE:AUQ) shed 12% on Tuesday on massive trading volumes, after its preliminary operational results for the second quarter provided a few nasty output surprises and its CEO stepped down.