Advance Metals is firing up a second diamond drill rig at its Happy Valley trend in Victoria’s goldfields to chase up recent visible gold hits.
With the price of gold surging to a record high of US$4000 per ounce earlier this month,WAtoday looks at the vital role the precious metal continues to play within the WA economy.
Take it from this gold investor with a proven track record:there’s nothing rational about queuing to join the gold rush.
Kaiser Reef has boosted its ore reserves at the Henty gold mine in Tasmania by a robust 29 per cent to 199,000 ounces at 3.28 grams per tonne,extending mine life beyond in six years.
Zenith Minerals has the rods turning again at its Red Mountain gold discovery in Queensland,after recent drilling revealed exciting shows of visible gold.
The precious metal had its biggest one-day fall in more than a decade,but most of the factors that drove its price to record highs are still in place.
The museum raid shows criminals’ boundless hunger for precious metals as the value of these commodities soars. Thieves are becoming ever more audacious as the gold price has doubled in a year.
Gold is not just hot right now – it’s smoking. But when people start lining up in streets to get their hands on it,there may be bigger problems ahead.
The price of gold has gone through the roof. But when friends told me to take my old jewellery to a gold guy in a Collins Street office,I did not expect to walk out with this much cash.
Aureka Limited has hit visible gold and record high-grades in diamond drilling at its flagship Irvine gold project in Victoria’s Stawell Corridor.