Will It All End In Tears

In February Canada sold off all its gold reserves, leaving just a tiny 77 ounces as a keepsake. In fact Canada had been slowly selling off its gold reserves since 1965 but this final divestment came as something of a shock, reminiscent of Gordon Browns 3 year fire sale of the UK’s gold reserves for […]

Gold Frenzy, the story of Wicklow’s gold pt 6 – IMC Exploration

Gold Frenzy, the story of Wicklow’s gold – An excerpt from the book  by Dr Peadar McArdle. Dr McArdle, who recently retired as Director of the Geological Survey of Ireland, has had a long term interest in the history and origin of the Goldmine River gold deposits. Text copyright Dr Peadar McArdle 2011. Pt 6- Start of official […]

The Decimation Of The Mining Industry

The shares of Goldcorp, the worlds most valuable mining company, have fallen by 75% since 2011 and are now worth a miserly $13.10 compared to $55, four and a half years ago. Yesterday alone they fell over 10% following publication of the company’s third quarter results. The hopes of only a few weeks ago that […]

Gold Frenzy, the story of Wicklow’s gold pt 5 – IMC Exploration

Gold Frenzy, the story of Wickow’s gold – An excerpt from the book  by Dr Peadar McArdle. Dr McArdle, who recently retired as Director of the Geological Survey of Ireland, has had a long term interest in the history and origin of the Goldmine River gold deposits. Text copyright Dr Peadar McArdle 2011. Pt 5- Wicklow Gold Mine […]

Petropavlovsk (POG) – Turning The Corner ?

Petropavlovsk ( formerly Peter Hambro Mining ) is Russia’s second largest gold miner. Five year ago its shares were 1000p, 3 years ago they were 400p, a year ago 26p and today they stand at 6.12p which is well off the March low of 4.41p. Last year there was grave uncertainty as to whether the […]

Gold Frenzy, the story of Wicklow’s gold pt 4 – IMC Exploration

Gold Frenzy, the story of Wickow’s gold – An excerpt from the book  by Dr Peadar McArdle. Dr McArdle, who recently retired as Director of the Geological Survey of Ireland, has had a long term interest in the history and origin of the Goldmine River gold deposits. Text copyright Dr Peadar McArdle 2011. Pt 4- The mania of […]

Gold Bears Rush For The Exit

Yesterdays surge in the price of gold continued today with a  further 5.68% rise taking the price of the yellow metal to $1192 per oz. as the break out continued. In New York huge trading yesterday saw daily volume nearly double the average and the price is above the 200 day rolling average for the […]

Gold Frenzy, the story of Wickow’s gold Pt 3 – IMC Exploration

Gold Frenzy, the story of Wickow’s gold – An excerpt from the book  by Dr Peadar McArdle. Dr McArdle, who recently retired as Director of the Geological Survey of Ireland, has had a long term interest in the history and origin of the Goldmine River gold deposits. Text copyright Dr Peadar McArdle 2011. Pt 3- Gold rush […]

Gold Frenzy, the story of Wickow’s gold Pt 2 – IMC Exploration

Gold Frenzy, the story of Wickow’s gold – An excerpt from the book  by Dr Peadar McArdle. Dr McArdle, who recently retired as Director of the Geological Survey of Ireland, has had a long term interest in the history and origin of the Goldmine River gold deposits. Text copyright Dr Peadar McArdle 2011.       Pt […]