Gold

CEO Vitaly Nesis said Thursday the company is eyeing acquisitions in Kazakhstan, Armenia, Ukraine, the Russian Far East and Urals, adding that activities in Finland were also of interest.

The dramatic fall came after comments from the US Federal Reserve that seemed to preclude any chance of another round of monetary easing or so-called QE3 and that its policy of zero interest rates may be coming to a end sooner than previously thought.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 29, 2012) - Coro Mining Corp. ("Coro" or the "Company") (TSX VENTURE:COP) is pleased to announce that Franco-Nevada Corporation ("Franco Nevada") and the Company have agreed to amend the term...

Rubicon crosses key threshold towards building its Phoenix gold project in the Red Lake district through a financing that has pulled in enough cash to cover estimated CAPEX in full.

Silver’s gains for 2012 now stands at over 30% while gold added more than 180/oz in January and February. The last time the Dow closed above 13,000 was in May 2008.

Returning to the gold standard would be impractical and could even harm the financial system says a new report from a a group of experts published by the London-based policy institute Chatham House.

White Tiger Gold shed another 6% on Monday on almost double usual trading volumes, despite releasing high grade drilling results for its Nasedkino project that it says are enough to go ahead with a final feasibility study. The counter is now down 30% year to date and a shadow of its former self in January last year. At the time it was trading at a whopping $4.80.

After the market close on Monday Richmont Mines announced the resignation of Martin Rivard, its president and CEO. Under Rivard's guidance the company's stock has been on a tear, jumping more than 117% in just the last year.

The mining industry will be following closely the outcomes of this week’s International Space Station members’ meeting in Quebec city, Canada, as the heads of the world's five biggest space agencies will be discussing, among others, the possibility of exploring for minerals on the moon.