New Gold rush as Gold prices rise
With the values of gold and silver claiming almost daily previously uneconomic gold mines are bringing speculators back into historic areas of the USA fuelling a new gold rush. Comstock Mining is one company following the old gold rush trail. The mining company has acquired property and mining claims encompassing some 6,100 acres stretching roughly from Virginia City to Dayton, …
Gold behind the sofa!
Amateurs using metal detectors have found record amounts of golden treasure and priceless scraps of history across England, according to an annual report from the British Museum. All the items were reported to archaeologists under a scheme which the museum’s director, Neil MacGregor, called “quite unique in Europe”. The report shows that 2010 was an exceptional year, with 859 treasure …
South African gold production dips as Falkosgold offer higher prices
The South African gold miner said last month it expects gold production to come in 3% lower in the March quarter than for the previous period while costs are expected to rise 6%. South African gold miner DRDGold said on Wednesday that it expected gold production for March quarter to be about three percent lower than the previous quarter at …