News

Great Panther is on the prowl for acquisitions

By The Gold Report | March 14, 2017

Great Panther Silver's modus operandi is to buy a past-producing mine, get it up and running as quickly as possible, and use the cash flow to fund more acquisitions, says CEO Bob Archer in this interview with The Gold Report. Having succeeded in Mexico with Guanajuato and Topia, the company is now taking on Coricancha in Peru.

Gold steady ahead of Fed meeting, expected U.S. rate rise

By Reuters | March 14, 2017

Gold prices were steady on Tuesday as investors waited for the start of a two-day U.S. Federal Reserve meeting where the central bank is widely expect to raise interest rates. Signs of an uptick in inflation and continued strength in the U.S. jobs market are expected to convince the Fed to hike rates when the meeting concludes on Wednesday.

Integra Gold's Lamaque looking better than ever after updated PEA announcement

By The Gold Report | March 10, 2017

In a Feb. 27 press release, Integra Gold Corp.'s (ICG:TSX.V; ICGQF:OTCQX) announced an updated PEA for its 100% owned Lamaque South Gold Project located in Quebec. A few positives from the PEA included an increase in mine life from 4.5 years to 10.5 years, average gold production projected at 123,000 ounces annually and a reduction in total mining costs to C$86/tonne.

Gold slips on strong dollar ahead of U.S. jobs data

By Reuters | March 8, 2017

Gold prices hit a five-week low on Wednesday as the dollar gathered strength on the prospect of a U.S. interest rate hike. Investors are awaiting February non-farm payrolls data on Friday as a barometer of the U.S. economy after Federal Reserve Chair Janet Yellen said last week the central bank was poised to lift rates provided jobs and inflation data held up.

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