No Free Markets Only Intervention in More Areas of Our Individual and Business Lives
From MineWeb.com:
Gold stock souring continues
Listed gold (and also uranium and silver) stocks continue to backtrack, with few signs of a bottom.
Author: Barry SergeantPosted: Monday , 18 Jan 2010
JOHANNESBURG -
The biggest gold "stock" in the world currently ranks as the US-based SPDR Gold Shares ETF, quoted on several stock exchanges, and, as an exchange traded fund, a security lacking all the risks that go with holding an operating gold stock, of which Toronto-based Barrick currently ranks as the biggest, with a market value of USD 39bn.
The SPDR Gold Shares ETF, an exchange traded fund, holds physical gold bullion, and has only been around since 2004. Its current outmatching of Barrick is more than a matter of tracking the dollar gold bullion price, which touched an all-time nominal peak of USD 1226.56 an ounce in early December, and is currently quoted around USD 1136.00 an ounce. Read the article HERE.
From MineWeb.com:
Officials believe one of the largest gold resources in the world lies within BC
British Columbia is Canada's largest copper producer, only moly miner, and largest coal exporter. The province may also be host to one of the world's largest gold resources.
Author: Dorothy KosichPosted: Tuesday , 19 Jan 2010
VANCOUVER -
Exploration spending in British Columbia reached C$154 million last year with 30 mine development projects submitted to the provincial government.
BC Minister of State for Mining Randy Hawes said it was the "sixth-highest total for exploration spending in the last 20 years. " However, it was still down substantially from the $367 million spent on BC exploration in 2008. Read it HERE.
From TownHall.com:
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