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Esperanza Silver Corp./Cerro Jumil: Calabazas Zone Continues to Grow

Gold futures on the COMEX Division of the New York Mercantile Exchange closed lower on Tuesday as dollar rose against the euro and British pound. Platinum ended lower, but silver gained. The most active gold contract for April delivery dropped 1.70 U.

‘There’s no doubt in my mind that we’ll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go

No one was really surprised. But the Reserve Bank of Australia went ahead and raised the cash rate yesterday to 4%. Stocks shrugged it off, but mostly in indifferent fashion. How will it affect the first home buyers? Hmmn. Speaking of housing, the ABS

LIMA - Contract workers at Peruvian miner Buenaventura’s Uchucchacua silver mine have ended a strike, a labor leader said on Tuesday. The strike halted production at Buenaventura’s largest mine on Monday when about 1 000 subcontractors laid down tools to

In a letter to the CFTC’s Chairman, Gary Gensler, GATA Chairman William Murphy shares the following bombshell: “GATA has evidence that there are enormous physical short positions in the gold and silver markets that cannot be covered.” Even as the CFTC is

SLAM Exploration announced acquisition of the Mitchell Property through an Agreement with prospector Clovis Godin. The Property comprises 10 claims covering 160 hectares adjacent to Silverjack and Nash Creek properties and located 12 kilometres southwest of the Belledune smelter and seaport.

Galena International Resources (recently amalgamated with Kernow Resource) provided an update for the recently completed drilling on the Jales/Gralheira property in Portugal. The best result was returned from Hole KMP 42 which intersected 8.54 g/t gold and 68.5 g/t silver over 2.55 metres.

In our previous essays we have covered the situation on the USD, gold and silver markets, but since there’s more to the precious metals sector than just these two metals, we have decided to supplement the previous analysis by covering the precious metals

By Alan Fein (AXcess News) New York - What looked to be a rally in gold last week ended Monday as the euro made gains against the dollar. April gold futures fell over 1.3% while silver futures gave up 0.7% in late morning trading in New York. April gold