Mosquito Consolidated Gold Mines Limited (“Mosquito”) wishes to announce that it has reached an agreement whereby it will sell to Barkerville Gold Mines Ltd. (“Barkerville”) all residual property interest owned by Mosquito in the Cariboo District near Wells B.C. for $5,000,000.00 (Five Million Dollars). These interests include a 50% Interest in Cariboo Gold Quartz Property, [...]

Back on October 20, 2011 Agnico-Eagle Mines Ltd. (NYSE: AEM, TSX: AEM-T ) plummeted drastically. This happened on news that the Goldex Mine is to be written off. The loss is estimated to be around $1.00 per share, however, investors moved fast to dump the stock, taking it down $10.58 or 18.55% on volume of [...]

There has been an unusual trend this year in the gold market. many governments and central banks around the world have been buying gold bullion over the last year as opposed to selling it; which is what has been the trend over the last 20 years. Official net purchases of gold exploded in the third [...]

One company that is in the news in Guyana Goldfields (TSX:GUY), one of the advanced gold exploration / development companies in the rumor mill as a potential takeover target.  Having recently announced the granting of a mining license for its Aurora Gold Project in Guyana, that the company was in a position to begin construction, [...]

Silver has always been known as ‘the poor man’s gold,’ but it has many more uses than just a shiny metal to look at.  According to the silver institute, “Demand for silver is built on three main pillars: industrial and decorative uses, photography, and jewelry & silverware. Silver has a number of unique properties including [...]

With all the uncertainty in global financial markets, it appears that once again, gold is taking center stage as the safe bet in crazy times. Predicting if gold will rise or fall based on social, economic or geo-political implication s is tricky business. Therefore, a technical analysis is merited in order to better understand what [...]

Over the past week it seems that every story on the news is followed by yet another one on Greece.  A debt relief deal with austerity and foreign monitoring, threats of a falling government, snap calls for a referendum, followed by a power grab / coalition government. In many ways, a new interim government for [...]

Whenever you invest in the junior mining sphere, usually two thing can happen. 1) You buy some shares in a junior mining company and hold it for years. At best nothing happens over time, or at worst, it declines over time and you end up holding a worthless stock. – This first scenario is pretty [...]

  VANCOUVER, Canada – Meadow Bay Gold Corporation (“Meadow Bay” or the “Company”) (TSX-V:MAY) (OTCQX:MAYGF) announces that it proposes to raise up to $3,000,000 through a non-brokered private placement of up to 3,000,000 common shares at a price of CDN$1.00 per share. Finders’ fees or commission may be paid in connection with the placement in [...]

Last week I was reading an interesting article in the Financial Times on population growth and how the world was bracing for the arrival of its 7 billionth citizen this week. As you know, this isn’t a new story and people having been commenting on this for at least a couple of centuries. But as [...]