Most precious metals prices saw gains Tuesday, but gold was slightly lower, with August contracts in New York dropping 50 cents to trade at $1,536.80 per troy ounce at the close of floor trade, ending the month 1.2 percent lower than it began. Gold prices were hurt as fewer investors felt compelled to look for [...]
Reuters reported that Extorre (CVE:XG) shares were up after the company found high-grade gold and silver at the Cerro Moro mine. The market news is quoted as saying: The company said a total of 34 diamond drill holes define the 1.5 kilometre-long Zoe discovery at the Cerro Moro mine, of which one km of the [...]
Bloomberg reported that a weak dollar and European debt concerns caused gold futures to increase.
Paramount Gold and Silver Corp. (AMEX:PZG,FRA:P6G,TSE:PZG,WKN:A0HGKQ) announced that its Preliminary Economic Assessments are progressing well.
Northern Lion Gold Corp. (CVE:NL,FRA:N3E) announced additional results from the St Nik project in Cyprus.
Kootenay Gold Inc. (CVE:KTN) reports it has concluded the final holes of its 10,000 meter drill program on its Promontorio silver project in Sonora, Mexico.
