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Latest Stories

Strait Gold grants Teck option to earn up to 75% in Alicia

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2011) - Strait Gold Corporation (TSX VENTURE:SRD) ("Strait Gold" or the "Company") is pleased to announce that it has signed a binding agreement (the "Agreement") with Teck Peru S.A. ("Teck Peru"), a wholly-owned subsidiary of Teck Resources Limited ("Teck"), giving Teck Peru an option to earn up to a 75% interest in the Company's Alicia copper-gold property ("Alicia" or the "Property") in Peru by spending up to $30 million on exploration at Alicia or delivering a pre-feasibility study, making $500,000 in cash option payments and exercising the warrants referred to below. TORONTO, ONTARIO--(Marketwire - Dec. 9, 2011) - Strait Gold Corporation (TSX VENTURE:SRD) ("Strait Gold" or the "Company") is pleased to announce that it has signed a binding agreement (the "Agreement") with Teck Peru S.A. ("Teck Peru"), a...

FT asks if Indians’ love of gold is destroying their economy

Based on new research by investment bank Macquarie titled India’s Fatal Attraction, the FT asks if India’s weddings are destroying its economy given the huge importance of gold in the culture – especially between October and January, when festival season turns into wedding season and some 20 million Indians tie the knot.