Coronet Metals Completes Baseline Study in Peru
SOURCE: [Metal Investment Nes} - Peru’s Government has assured farmers surrounding the $4.8 billion Conga Gold Mine, that Newmont Mining (NEM-NYSE) is intent on improving its environmental mitigation plan. Peruvian President Ollanta Humala is seeking assurances that highland lakes will not be dried up and that Newmont will provide employment, education, irrigation canals and drinking water infrastructure. “Newmont... [Read more...]
Bear Market or Bull Opportunity?
SOURCE: [Gold Investing News] - Bears have had a number of reasons to stand tall lately since many recent developments that should have been bullish for gold haven’t been. But, even as prices have continued to fall, there are those who suggest that while bears may believe they are taking control, smart investors should be taking advantage of the opportunities. Given the heightened levels of uncertainty... [Read more...]
A Rainbow for Gold?
SOURCE: [Gold Speculator] - Woe is me! The market is falling! When will it all end? Many who own gold and silver are losing sleep over the current downturn in precious metal prices. Some are ready to sell their long term holdings, for fear the market has yet to bottom and prices will continue to fall. The abyss seems bottomless. All hope is lost. Well, things may not be so dire. The end of the world... [Read more...]
Gold Slides to New 2012 Low: Buying Opportunity or Bull Market Breakdown?
SOURCE: [Yahoo Finance] - After a legendary run culminating in a peak near $2,000 an ounce in August 2011 gold has been cooling its heels of late. The yellow metal has given back all of what were once impressive 2012 gains. More disquieting for those who regard it as the ultimate hedge, gold has loss twice as much as the S&P500 during the choppy markets in May to date. Even gold bugs have to question... [Read more...]
