|
-- Posted 26 May, 2011 | |
| Close | Gain/Loss | Gold | $1522.20 | -$4.10 | Silver | $37.35 | -$0.27 | XAU | 205.46 | +0.20% | HUI | 542.12 | -0.02% | GDM | 1583.04 | -0.07% | JSE Gold | 2578.17 | -45.17 | USD | 75.59 | -0.32 | Euro | 141.30 | +0.43 | Yen | 122.96 | +1.02 | Oil | $100.23 | -$1.09 | 10-Year | 3.061% | -0.068 | T-Bond | 125.96875 | +0.90625 | Dow | 12402.76 | +0.07% | Nasdaq | 2782.92 | +0.78% | S&P | 1325.69 | +0.40% |
The Metals: Gold climbed to as high as $1530.89 in Asia before it fell back to $1515.18 in London and then rallied back to $1525.85 at about 9AM EST, but it then fell to a new session low of $1514.53 by midmorning in New York and ended with a loss of 0.27%. Silver climbed to as high as $38.833 and dropped to as low as $36.29 before it climbed back higher, but it still ended with a loss of 0.72%. Euro gold fell to about €1078, platinum lost $4 to $1770.50, and copper rose slightly to about $4.11. Gold and silver equities waffled near unchanged and ended mixed. The Economy: Report | For | Reading | Expected | Previous | Initial Claims | 5/21 | 424K | 400K | 414K | GDP | Q1 | 1.8% | 2.0% | 1.8% | GDP Deflator | Q1 | 1.9% | 1.9% | 1.9% |
Tomorrow brings Personal Income and Spending, Core PCE Prices, Michigan Sentiment, and Pending Home Sales. The Markets: 
Charts Courtesy of http://finance.yahoo.com/ Oil and the U.S. dollar index both fell on today’s disappointing economic data. Treasuries extended higher after today’s $29 billion 7-year note auction sold at a high yield of 2.429% with a bid to cover of 3.24. The Dow, Nasdaq, and S&P reversed early loses and ended higher on hopes that Europe’s debt problems will be resolved. Among the big names making news in the market today were Big Lots, Morgan Stanley, Yahoo, Citigroup, and BofA. GATA Posts:
Ted Butler: U.S. commodity regulation -- a failed mission? Join GATA in supporting appeal of Liberty Dollar founder Bid to use gold as collateral advances in Europe John Hathaway: Welfare state democracy is sure to destroy the dollar GATA urges Paul to probe Fed's gold swaps; he tells CNBC he will The Statistics: Activity from: 5/25/2011 Gold Warehouse Stocks: | 11,146,469 | +600 | Silver Warehouse Stocks: | 101,810,631 | +578,465 |
Global Gold ETF Holdings [WGC Sponsored ETF’s] 
| Product name | Total Tonnes | Total Ounces | Total Value | New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) | SPDR® Gold Shares | 1214.079 | 39,033,842 | US$59,254m | London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 115.35 | 3,708,632 | US$5,644m | London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 126.23 | 4,058,350 | US$6,177m | Australian Stock Exchange (ASX) | Gold Bullion Securities | 14.21 | 474,211 | US$695m | Johannesburg Securities Exchange (JSE) | New Gold Debentures | 48.12 | 1,547,118 | US$2,361m | NASDAQ Dubai | Dubai Gold Securities | 0.154 | 4,955 | US$8m |
Note: No change in Total Tonnes from yesterday’s data. COMEX Gold Trust (IAU) Total Tonnes in Trust: 136.94: +0.76 change from yesterday’s data. Silver Trust (SLV) Total Tonnes in Trust: 9,941.33 -144.09 change from yesterday’s data. The Miners: Royal Gold’s (RGLD) dividend, Barrick’s (ABX) evacuated project, NovaGold’s (NG) PEA, Almaden’s (AAU) drill results, Kimber’s (KBX) drill results, and Revett’s (RVM) trading options were among the big stories in the gold and silver mining industry making headlines today. WINNERS 1. Kimber | KBX+41.46% $1.74 | 2. Solitario | XPL +3.88% $3.21 | 3. Minco Gold | MGH +3.09% $2.00 |
LOSERS 1. Harmony | HMY-3.57% $12.97 | 2. Cardero | CDY -2.40% $1.63 | 3. Golden Star | GSS -1.87% $2.62 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1. All of today's gold and silver stock news: Gran Colombia and Medoro Announce That Institutional Shareholder Services Inc. Recommends Shareholders Vote for the Combination - More
- May 26, 2011 | Item | ShareThis
Xtierra Reports Revised Resource Estimate for Bilbao Deposit - More
- May 26, 2011 | Item | ShareThis
Liberty Star Receives SRK Consulting%u2019s First Draft of Technical Report on Tombstone Porphyry Copper Claims - More
- May 26, 2011 | Item | ShareThis
Parallel Provides Exploration Update - More
- May 26, 2011 | Item | ShareThis
Sniper Stakes Additional Seven Claims at Guild - More
- May 26, 2011 | Item | ShareThis
Frontline Advances Initial Exploration at Menderes Gold Project, Izmir Province, Turkey - More
- May 26, 2011 | Item | ShareThis
Osisko Mining Corporation to Option the Adanac Gold Project From Threegold Resources Inc. - More
- May 26, 2011 | Item | ShareThis
Kilo Goldmines Adopts Shareholders Rights Plan - More
- May 26, 2011 | Item | ShareThis
Merrex RC Drill Program Expanded at Siribaya - More
- May 26, 2011 | Item | ShareThis
Merrex Siribaya Camps Expansions and Faleme River Bridge - More
- May 26, 2011 | Item | ShareThis
Orezone Reports Additional Positive Drill Results at Bombore Gold Project - More
- May 26, 2011 | Item | ShareThis
Mountain Lake Commences Drilling on Antimony +/- Gold Targets on the Little River Property in Southern Newfoundland - More
- May 26, 2011 | Item | ShareThis
Gryphon Gold Updates Progress on Borealis Oxide Heap Leach Operation - More
- May 26, 2011 | Item | ShareThis
Cartier Selects 35 Priority Targets for First Drill Program on its Copper-Nickel Riviere Dore Project - More
- May 26, 2011 | Item | ShareThis
Barkerville Assays Gold in First 10 Diamond Drill Holes for 2011 on The BC Vein-Up To 14.1m of 6 g/t and Up To 28.7 g/t Over 4.6m - More
- May 26, 2011 | Item | ShareThis
Centamin Egypt Limited-Results of Annual General Meeting of Shareholders - More
- May 26, 2011 | Item | ShareThis
Seafield Announces Resources of 1,582,105 Ounces Gold at Miraflores Project, Quinchia, Colombia - More
- May 26, 2011 | Item | ShareThis
Unity Acquires Gold Project in La Ronge Gold Belt - More
- May 26, 2011 | Item | ShareThis
Golden Predator Intersects 98.3 m of 1.83 g/t Gold at Carlos Zone, Grew Creek Project, Yukon - More
- May 26, 2011 | Item | ShareThis
Castle Resources to Rehabilitate 17 km Tunnel at its Granduc Mine, British Columbia - More
- May 26, 2011 | Item | ShareThis
Advanced Explorations Inc. Commences Airborne Magnetic Survey Over Alaskan Iron Sands Project - More
- May 26, 2011 | Item | ShareThis
Robex Resources Inc./Nampala: Initial Diamond Drilling Results Show Grades of 97 Meters at 1.20 g/t Compared with RC Drilling of 97 Meters at 1.08 g/t - More
- May 26, 2011 | Item | ShareThis
Stans Closes Acquisition of KCMP Heavy Rare Earth Processing Complex - More
- May 26, 2011 | Item | ShareThis
Edgewater Confirms Important Local Support for the Corcoesto Gold Project, Spain - More
- May 26, 2011 | Item | ShareThis
MDN Reports Its Financial Results for the First Quarter of 2011 - More
- May 26, 2011 | Item | ShareThis
INV Metals Provides Exploration Update and Reports Q1/2011 Results - More
- May 26, 2011 | Item | ShareThis
Search Minerals Confirms REE Mineralization at Depth; Announces 43-101 Resource Estimate Program at Foxtrot Prospect, Labrador - More
- May 26, 2011 | Item | ShareThis
Jet Gold Announces Closing of Flow-Through Financing With Mineralfields Group - More
- May 26, 2011 | Item | ShareThis
Laurentian Goldfields Ltd. Intersects 1.55 g/t Gold Over 68.8 Metres at Thundercloud Property, Ontario - More
- May 26, 2011 | Item | ShareThis
Big Bear Mining Corp Appoints New Chairman of the Board - More
- May 26, 2011 | Item | ShareThis
Medoro Resources Files Preliminary Economic Assessment for the Marmato Project - More
- May 26, 2011 | Item | ShareThis
NQ Exploration Inc./Carheil Project-Selbaie Area: AG1 Zone Extended Westward With a Record Grade of 1,760 g/t Ag - More
- May 26, 2011 | Item | ShareThis
EurOmax Intercepts 369 Meters at 0.22% Copper and 0.33 Grams Per Tonne Gold at Ilovitza - More
- May 26, 2011 | Item | ShareThis
Acquisition of 1.9 Million Oz. Paul Isnard Gold Project Approved by Columbus Gold Shareholders; Completion of AGM - More
- May 26, 2011 | Item | ShareThis
Amerigo Announces Dates for Release of Q1 2011 Results and Investor Conference Call - More
- May 26, 2011 | Item | ShareThis
MBMI Provides Operations and Corporate Update - More
- May 26, 2011 | Item | ShareThis
Astral Drills 1.2m Averaging 3.39 g/t Gold and 284 g/t Silver at the New Cedar Zone, Jumping Josephine Gold Project - More
- May 26, 2011 | Item | ShareThis
Hana Provides Update on Banana Zone - More
- May 26, 2011 | Item | ShareThis
Redhawk Resources, Inc. Announces A. Joe Fernandez Appointed as VP Project Development - More
- May 26, 2011 | Item | ShareThis
Duncastle Announces Private Placements - More
- May 26, 2011 | Item | ShareThis
Laurion Intersects 3.10 g/t Au, 27.5 g/t Ag, 0.38% Cu and 5.63% Zn Over 3.10m and 0.10 g/t Au, 10.1 g/t Ag, 0.11% Cu and 2.85% Zn Over 5.85m - More
- May 26, 2011 | Item | ShareThis
Brazilian Gold Commences Extensive New Exploration Activities at Three Gold Projects in the Tapajos Mineral Province, Brazil - More
- May 26, 2011 | Item | ShareThis
Gold-Ore Releases Underground Drill Results at Bjorkdal Gold Mine - More
- May 26, 2011 | Item | ShareThis
Tosca Mining Corp. - Drilling Underway the Red Hills Copper-Molybdenum Project - More
- May 26, 2011 | Item | ShareThis
Aura Silver Initiates Drilling of High Grade Gold-Silver Targets at Greyhound, Nu - More
- May 26, 2011 | Item | ShareThis
Cadillac Successfully Completes "Tooth" Drilling Program at Thierry - More
- May 26, 2011 | Item | ShareThis
Nautilus AGM To Be Held July 26, 2011 - More
- May 26, 2011 | Item | ShareThis
Continental Nickel Commences Airborne Geophysical Survey at the St. Stephen Nickel-Copper Sulphide Project in New Brunswick - More
- May 26, 2011 | Item | ShareThis
Hondo Minerals Over Subscribes a $3.5 Million Private Placement - More
- May 26, 2011 | Item | ShareThis
Probe Mines Announces Commencement of Drilling on the Lake Shore Gold Joint Venture Property, West Timmins, Ontario; Borden Lake Update; Grant of Options - More
- May 26, 2011 | Item | ShareThis
Cardero Shareholders Approve Acquisition of Coalhunter Mining Corporation - More
- May 26, 2011 | Item | ShareThis
Trelawney Intersects 170.20 Metres of 1.01 g/t Gold Extends Strike of Mineralization 300 Metres Southwest of Initial Resource - More
- May 26, 2011 | Item | ShareThis
Caribou Options the Bonaparte Property - More
- May 26, 2011 | Item | ShareThis
U.S. Antimony Reports Significant Purchase Order - More
- May 26, 2011 | Item | ShareThis
Foundation Resources Inc. Options 100% Interest in Massive Sulphide Mitchell Property, Ontario - More
- May 26, 2011 | Item | ShareThis
U3O8 Corp. Enhances South American Expertise With New Board Appointment - More
- May 26, 2011 | Item | ShareThis
Vior Receives a $1.5 Million Payment From Aurvista Gold Corporation - More
- May 26, 2011 | Item | ShareThis
San Marco Discovers Significant Gold Zone at Tecomate, Mexico - More
- May 26, 2011 | Item | ShareThis
Argentex Announces Brokered Private Placement for Up to C$20 Million - More
- May 26, 2011 | Item | ShareThis
Willow Creek Prepares Property for Drill Program on Hercules Gold & Silver Property, Nevada - More
- May 26, 2011 | Item | ShareThis
Yukon-Nevada Gold Corp. Settles Class Action Suit - More
- May 26, 2011 | Item | ShareThis
General Metals Completes Current Core Drill Program - More
- May 26, 2011 | Item | ShareThis
Drill Results from Phase One Drilling on Miranda Gold's Big Blue Project - More
- May 26, 2011 | Item | ShareThis
Riverside Resources and Partner Guerrero Exploration Inc. Find High-Grade Copper at the Cerro Azul Project in Guerrero, Mexico - More
- May 26, 2011 | Item | ShareThis
Guerrero and Partner Riverside Resources Inc. Find High-Grade Copper at the Cerro Azul Project in Guerrero, Mexico - More
- May 26, 2011 | Item | ShareThis
KIMBER INTERCEPTS 5.2 METRES OF 51.9 g/t GOLD and 1,076 g/t SILVER BELOW CARMEN GOLD-SILVER DEPOSIT, MONTERDE PROJECT - "Kimber Resources Inc. (NYSE Amex:KBX) (TSX:KBR.to - News) is pleased to announce the results of a further 8 drill holes from its ongoing drill program at the Carmen Deposit at its Monterde Project in Mexico. Hole MTRD-477 was drilled with the objective of expanding and upgrading mineral resources potentially amenable to underground extraction ("Carmen Deep" target) and intersected multiple high grade zones of gold-silver mineralization, as detailed below. Seven of the drill holes (MTR-483 to 489) were drilled to increase the confidence level of shallow mineral resources potentially amenable to open pit extraction ("Carmen Pit" targets). These seven holes returned results in line with expectations and will support increased confidence in mineral resources in the Carmen Pit areas." More
- May 26, 2011 | Item | ShareThis
Royal Gold Announces Third Quarter Dividend - "Royal Gold, Inc. (NASDAQ:RGLD - News) (TSX:RGL.to - News) today announced that its Board of Directors has declared its third quarter dividend of $0.11 per share of common stock. The dividend is payable on July 15, 2011 to shareholders of record at the close of business on July 1, 2011. The quarterly dividend of US$0.11 is also payable to holders of exchangeable shares of RG Exchangeco." More
- May 26, 2011 | Item | ShareThis
Barrick Evacuates Dominican Republic Gold Project on Flood Risk - "Barrick Gold Corp. (ABX), the world’s largest producer of the metal, said workers and residents are being evacuated amid flooding risks where its Pueblo Viejo project in the Dominican Republic is under construction.
The mine is located near the Llagal dam that is being built and is at risk of bursting its banks amid heavy rains, Toronto- based Barrick said today on its regional website. Barrick holds a 60 percent stake in the mine while Goldcorp Inc. (G) owns the remaining of the project." More
- May 26, 2011 | Item | ShareThis
Revett Minerals Begins Trading on NYSE Amex Options - "Revett Minerals Inc. (TSX:RVM - News) (AMEX:RVM - News) is pleased to announce that it commenced trading listed options today on the NYSE Amex Options exchange. Revett Minerals options will trade in units of 100 shares per unit on a two consecutive and two successive month expiration cycle with exercise price intervals of $2.50. Effective today, the following option series are trading:" More
- May 26, 2011 | Item | ShareThis
NovaGold Files Preliminary Economic Assessment for Ambler Project - "The Ambler project can create substantial value for shareholders," said Rick Van Nieuwenhuyse, President and CEO of NovaGold. "While we are committed to delivering significant leverage to gold prices through our world-class Donlin Creek and Galore Creek projects, NovaGold also has substantial copper resources through its ownership interest in the Ambler and Galore Creek projects. As demonstrated by the PEA, at then current metal prices the Ambler project would have a discounted NPV of US$1.6 billion, which is approximately half the current market capitalization of NovaGold. Clearly, we have a lot of work to do to advance this project to production, but the exceptionally high-grade nature of the deposit, its low geopolitical risk profile and the support of the State of Alaska and NANA, the local Alaska Native Corporation, give us confidence that we can unlock the extraordinary value of Ambler." More
- May 26, 2011 | Item | ShareThis
Further Almaden Step-Out Drilling Expands Ixtaca Gold-Silver Zone and Intersects More High-Grade Intervals - Yahoo! Finance - "Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX:AMM - News)(AMEX:AAU - News) is pleased to announce results from holes TU-11-21 through 26 and TU-11-28 drilled on the Ixtaca zone and hole CA-11-01 the first hole drilled on the Caleva Zone which is located about 250 meters north from the Ixtaca zone, of its 100% owned Tuligtic property. These results extend the Ixtaca Zone mineralisation to roughly 550 meters along strike from the farthest southwest holes announced (holes TU-10-7,8 and TU-11-23) through the farthest northeast holes announced (hole TU-11-25). To the northeast shaley rock units were encountered which are a poor host rock for veins and in which the Ixtaca vein zone narrows. Holes TU-11-25 through TU-11-27 encountered these shaley units from surface." More
- May 26, 2011 | Item | ShareThis
- Chris Mullen, Gold Seeker Report - Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here Additional Resources for today’s Gold Seeker Report can be found: © Gold Seeker 2011 Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given. Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
-- Posted 26 May, 2011 | |
| 
