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Tuesday November 24, 2009
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Precious Metals Supply News is an EIN News Service for mining professionals. Constantly updated news and information about mining.
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Latest Precious Metals Supply News

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  • Platinum, palladium see biggest jumps 24 Nov 2009 17:36 GMT
    ... highest levels in 15 months even though gold hogged all the limelight. Platinum has reached $1,440 an ounce and its ... US offerings which include the ETFS Physical Silver Shares fund and ETFS Physical Swiss Gold ...

  • Gold hits a record as greenback loses luster 24 Nov 2009 03:43 GMT
    ... Gold hit a record high at $1,167.35 an ... Gold's gain lifted other precious metals, with platinum hitting its highest since September 2008 at ... palladium was at $366.50 against $361. Spot silver was bid at $18.78 an ounce against ...

  • Silver Trade Is Better than Gold 24 Nov 2009 09:12 GMT
    ... Much attention has been given to gold lately, and rightfully so. The yellow metal ... would be to diversify some capital into silver. While silver has many of the trading characteristics ... gold in that it truly is a precious metal and can be a good storage of ...

  • Royal Standard Minerals, Inc. (RYSMF) Goldwedge Underground Program Nye County, Nevada 24 Nov 2009 15:20 GMT
    ... decline occur at the top of the gold mineralized system within 250 feet of vertical depth. ... per ounce produced. owns and controls several precious metal properties in the State of Nevada. Nevada is ... produces almost 7.5% of the world's gold supply and almost 80% of all gold produced ...

  • Royal Standard Minerals, Inc. RYSMF Goldwedge Underground Program Nye County, Nevada 24 Nov 2009 15:24 GMT
    ... decline occur at the top of the gold mineralized system within 250 feet of vertical depth. ... Standard Minerals, Inc. owns and controls several precious metal properties in the State of Nevada. Nevada is ... produces almost 7.5% of the world's gold supply and almost 80% of all gold produced ...

  • 'Is it gold boom or peak gold?' 24 Nov 2009 06:02 GMT
    ... Have we hit the peak of world Gold Mining production already, and more importantly, if ... this year, but he's more bullish on platinum than gold – and silver, as he tells Hard Assets Investor below ...

  • Paget Minerals Acquires Mt. Bisson Rare Earth Property, B.C. 24 Nov 2009 18:00 GMT
    ... VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 11/24/09 -- ... exceed production by 2012. China dominates world supply of REE with control of 97% of ... the development of a diverse range of precious metals, base metals and rare earth elements in ...

  • Gold Inverse Head and Shoulder Pattern Revisited 24 Nov 2009 13:55 GMT
    ... Please note that the section below on gold is from the May 1, 2009 report ... markets: stocks, bonds, currencies, commodities, and the precious metals. A free book on Gold is offered ... crisis is the fact that gold and silver have been unconstitutionally removed as the only form of ...

  • Paget Minerals Acquires Mt. Bisson Rare Earth Property, B.C. (CCN) 24 Nov 2009 18:00 GMT
    ... Brian Booth, president and chief executive officer of Paget comments: ... exceed production by 2012. China dominates world supply of REE with control of 97% of ... the development of a diverse range of precious metals, base metals and rare earth elements in ...

  • Paget Minerals Acquires Mt. Bisson Rare Earth Property, B.C. (MRW) 24 Nov 2009 18:00 GMT
    ... Brian Booth, president and chief executive officer of Paget comments: ... exceed production by 2012. China dominates world supply of REE with control of 97% of ... the development of a diverse range of precious metals, base metals and rare earth elements in ...

  • Has Gold Reached Tulip Mania Yet ? 24 Nov 2009 10:51 GMT
    ... We think of gold as a crowded "trade" as far as our investment alternatives ... Casey Research graph puts it in perspective. Precious metals tend to make big moves both up ... met with factory ramp-ups, IPOs and other supply increases. Over 99% of all the gold ...

  • Will metal share price surge start to tarnish? 24 Nov 2009 01:31 GMT
    ... the FTSE-100 index's biggest risers yesterday with platinum firm Lonmin, Swiss-based Xstrata, Randgold Resources and Antofagasta, a major copper producer in ... of a “slow” recovery this year and supply shortages in the following two years. He ...

  • Gold Hits Fresh USD, Euro & GBP Records as UK Central Bank Bets Its Pension on Inflation-Linked Bonds 24 Nov 2009 14:33 GMT
    ... gold in the professional market hit a new record London Fix ... telling smaller clients this July that their metal "will be returned to the address of ... to the HSBC decision. Meantime on the supply side, John Holliday, head of Newcrest Mining's ...

  • Ken Heebner Top Holdings: Goldman Sachs Group, Ford Motor Company, FreeportMcMoRan Copper & Gold, Baidu.com Inc., FedEx Corp., Southern Copper Corp. 24 Nov 2009 00:16 GMT
    ... of 0.19. No. 3: FreeportMcMoRan Copper & Gold Inc. ( Freeport-McMoRan is engaged in mineral ... mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper ... one-stop source for global shipping, logistics and supply chain solutions. Services offered by FedEx companies ...

  • High Gold Prices: It's the Oil, Stupid 24 Nov 2009 11:16 GMT
    ... policymakers" to understand the true reason behind gold's big move: . The inflation adjusted high ... uses 25% of the world's entire oil supply, and imports 65% of that, a war ... on devaluing the dollar? Buy gold and silver bullion. Buy oil stocks such as Petrobras ( ...


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