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...
Minera Alamos has released an encouraging preliminary economic assessment for its Cerro de Oro gold project in Zacatecas state, Mexico. Using a gold price of $1,600/oz., the company anticipates an internal rate of return of 111% and an after-tax net present value (at 5% discount) of $150.5 million.
Despite profit taking by futures, gold moves back onto more stable uptrend. As inflation concerns abate a bit, investors see June as bullish. Recommended Read Gold Sees Normal Downside Correction in Existing Price Uptrend Gold Sees Normal Downside Correction in Existing Price Uptrend. Despite profit taking by futures, gold moves back onto more stable uptrend. […]
Canadian gold exploration firm Tarachi Gold has signed a binding letter of agreement to divest its Magistral Project in Durango, Mexico, to mining company Compañia Minera de Atocha SA de CV (Atocha) for approximately $5,700,000.
