Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
This week, the price for 24-karat (24k) gold could…
It was a tough couple of weekd for UAE as gold prices dropped Dh6.50 per gram in 2 weeks. As of Wednesday morning, 24K was already retailing at Dh156 per gram, down by a whopping Dh6.50 from two weeks ago, when prices soared to Dh162.50 per gram. Today’s buyers will also get to spend less on other jewellery pieces, with the 22K now selling at Dh146.50, 21K at Dh139.75 and 18K at Dh119.75.
This week, the price for 24-karat (24k) gold could decline to Dh153 per gram, according to Devesh Mamtani, head of investments and advisory for financial markets at Century Financial.Over the long term, however, analysts are betting on gold to stage further rallies, wit...
Recommended Read Orla pours first gold at Camino Rojo in Mexico Orla Mining accomplished its first gold pour at the Camino Rojo gold-silver project in Zacatecas state, Mexico on December 13. ... Read More »
There is no shortage of new gold mining projects in Mexican exploration as Fortuna opens its Seguela Project. With low per ounce sustaining costs, Seguela Project is expected to produce over 130,000 ounces in a nine-year span. Recommended Read Fortuna starts building Côte d’Ivoire gold mine There is no shortage of new gold mining projects […]
It would seem counterintuitive that an electronic medium of exchange could generate more carbon emissions than mining. But at 17MJ (megajoules) of energy per $1 generated for bitcoin, gold’s modest 5MJ per $1 generated shows that metals are not always the villain in the coming carbon wars. Recommended Read Comparing the Carbon Footprint of Gold […]