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.”
"Boy, that was anti-climactic. There was absolutely nothing in terms of a policy signal...no different than what he might have said at any point over the last few years."
Following yesterday's announcement of leadership changes in Barrick Gold, S&P Capital IQ said the firm keeps its strong buy recommendation on the company’s shares.
Canadian Lake Shore Gold Corp. (TSX:LSG) said Thursday it is extending the area of high-grade core at its Gold River Trend property, after analyzing results of seven new holes (1,440 m) of drilling.
Peru's Congress in a terse statement last night announced charges of “an incitement to the crime of rebellion” against Gregorio Santos, the province of Cajamarca’s Maoist governor who has lead violent protests against Newmont Mining's stalled Conga project.
