PBS Nightly Report featured an interview between Tom Hudson and reporter Alix Steel about the undervaluation of gold mining stocks. Click here to read the original article. TOM HUDSON: While gold prices have held up relatively well over the past two months, mining stocks have drilled lower along with the rest of the stock market. [...]

James West, publisher and editor of the Midas Letter appeared on BNN today and mentions Newstrike Capital’s recent results.

The Newstrike Capital segment appears at the 4:38 mark, click here to view the BNN video clip.

In the online article “Newstrike Developing Gold Asset and Ana Paula,” MINING.com spoke to Gillian Kearvell, Newstrike’s VP Exploration, about the Ana Paula project, an advanced-stage gold exploration project, covering 7,622 hectares over 4 mineral claims in the established Guerrero Gold Belt. Listen to the Podcast to learn more about the Guerrero Gold Belt and Newstrike Capital’s Ana [...]

The Northern Miner featured Newstrike Capital in their story “Newstrike Capital Explores Ana Paula.” Focusing on Newstrike’s advanced stage Ana Paula project, the article includes an interview with Gillian Kearvell, Newstrike’s Vice President of Exploration. Click here to Subscribe to “The Northern Miner” and read the entire article.  

Even as big-name investors like George Soros peel back their bets on gold, helping to send prices falling, John A. Paulson, who heads the $37.5 billion hedge fund Paulson & Company, has chosen to stay the course, according to recent regulatory filings that indicate he actually increased his bets on certain companies exposed to gold. Gold, [...]

Gold, which reached a record $1,577.57 an ounce on May 2, may surge a further 30 percent by January as investors seek to protect themselves from “economic uncertainty,” according to Deutsche Bank AG. “I’m bullish on gold despite its current levels,” Hal Lehr, Deutsche Bank’s managing director for cross-commodity trading, said in an interview in [...]

Mexico’s central bank purchased almost 100 metric tons of gold in February and March, another signal that emerging markets are likely to steadily raise their gold reserve holdings, industry participants say. The purchase–reported in the International Monetary Fund‘s statistics on international reserves–follows a shift in the gold market to net central bank buying, following years [...]

Cayden Resources Inc. has received results for the first 20 drill holes from the Morelos Sur gold project in the Guerrero State of Mexico. The program was designed to confirm, expand and to test new mineralized targets in the Mina Verde area. The results confirmed significant high-grade mineralization in the Mina Verde area in drill [...]

This week, the Wall Street Journal  reported that “Peru, Mexico Vie for Top Silver Spot“. Mexico and Peru are jockeying for the title of the world top silver producer.  The two countries supplied about 30% of the world’s silver in 2009, according to the Washington-based Silver Institute. Henry Luna, a director at Peru’s Ministry of [...]

Mostly, when you buy insurance, you hope it won’t ever turn out to be necessary. You pay annual premiums for your car insurance. But that doesn’t mean you secretly hope someone will knock you off the M25. You pay a fortune to insure your house. But that doesn’t mean you want it to be burnt [...]

Mexico’s mining chamber said at least 50 silver, gold, copper and zinc projects are attractive targets for mergers or acquisitions and high metals prices will draw $4.4 billion in mining investment to the country this year. Sergio Almazan, the head of the chamber, said investment will jump 7.3 percent in 2011 compared to last year, [...]

(Reuters) – Demand in China for physical gold and gold-related investments is growing at an “explosive” pace and its appetite for the yellow metal is poised to remain robust amid inflation concerns, said an Industrial and Commercial Bank of China (ICBC) executive. ICBC (1398.HK)(601398.SS), the world’s largest bank by market value, sold about 7 tonnes [...]

The proposed acquisition of explorer Fronteer Gold Inc. by Newmont Mining Corp. is the latest in a string of mining deals announced in recent weeks, as companies seek to replace reserves and ensure growth amid a shrinking global supply of known gold reserves. The deal, attributing a 37% premium to Fronteer,  is valued at $2.3-billion. “We feel [...]

Vancouver – The first set of drill results from Newstrike Capital’s (NES-V) exploration and twinning program on its Ana Paula gold project in southern Mexico returned several significant gold intercepts including a long stand-out. To read the entire article, visit The Northern Miner. The Northern Miner offers a one-month trial subscription, click  here to register.

The Globe & Mail has a feature article on Lukas Lundin, the major shareholder in Newstrike Capital Inc. Read the Globe & Mail article HERE

The Canadian mining M&A scene is red hot, and investment bankers expect much more activity in the months to come. In the first few weeks of the year, investors have already seen friendly takeover bids for Consolidated Thompson Iron Mines Ltd. ($4.9-billion) and Norsemont Mining Inc. ($520-million), a proposed merger of equals between Inmet Mining [...]

Torex Gold Resources Inc. has announced that the ongoing drill program at the Company’s Morelos Gold Project in Mexico continues to return positive results including the extension of the high grade gold mineralized area at the western end of the Guajes East deposit and the expansion of the Guajes East Deposit to the west. Step [...]

Goldcorp has announced 2010 gold production and provided production and cash cost guidance for the 2011 year. The Los Filos mine in Guerrero Gold Belt, currently Mexico’s largest gold producer, will once again be a major contributor to Goldcorp’s overall production profile in 2011. Los Filos is forecast to increase production by 10% to 335,000 [...]

Lundin Mining Corp.and Inmet Mining Corp. have agreed to merge in a deal with a market capitalization of $9-billion. The companies will combine to create a copper production company to be called Symterra Corp. The deal will give each holder of one Inmet share 3.4918 shares of Symterra, while each holder of a Lundin share [...]

Billionaire Carlos Slim’s gold and silver producer Minera Frisco SAB soared 26 percent in its first day of trading in Mexico City after being spun off from Grupo Carso SAB as investors bet precious metals prices will increase.  Precious metals prices will climb 28 percent in the next year, giving investors the best returns among [...]

A gold standard that forces countries to back their currency reserves with bullion is a “legitimate” monetary system, though it would not prevent financial crises, Kansas City Federal Reserve President Thomas Hoenig said on Wednesday. “The gold standard is a very legitimate monetary system,” Hoenig said, adding: “We’re not going to have fewer crises necessarily. [...]

In late June of 2010, Newstrike Capital completed its acquisition of a 100% interest in the Ana Paula mining concessions from Goldcorp Inc. The Ana Paula concessions are central to Newstrike’s 88,000 hectares in the Guerrero Gold Belt and forms part of a district scale mining camp that is host to Torex Gold’s ‘Morelos Project’ [...]

Gold is poised for a 10th annual gain, as investors seek to protect their wealth against accelerating consumer prices and declining currencies. “Gold’s rally will continue next year as inflation pressures continue to build and as currencies remain weak,” said Li Ning, an analyst at China International Futures (Shanghai) Co. “The global economy is recovering [...]

An unexpected surge in investor demand is sending silver prices soaring—and speculators and mining companies are digging in. In the past four months, the metal has upended forecasts, rising 51% to a series of 30-year highs, before inflation. Silver closed Thursday at $29.31 a troy ounce, up from $16.822 at the beginning of 2010. Among [...]

Mexican tycoon Carlos Slim is expected to list his mining company, Minera Frisco on the Mexican stock exchange on January 6th. Minera Frisco is focused on silver, lead, zinc and copper exploration. Slim is betting on mining as being a growth sector, as he expands the business empire that made him the world’s richest man. The [...]

“It’s a project that Teck Resources worked on for 10 years before they sold all their gold assets in 2009. It’s got three million ounces measured and indicated now and another 900,000 inferred. There are three deposits that are identified, El Limon, Los Guajes East and Los Guajes West. This press release dealt with El [...]

James Burton didn’t have a penny invested in gold of the $142.8 billion he managed as chief executive officer of the California Public Employees’ Retirement System in 2002. Why would he? The metal had been in a bear market for two decades. Yet shortly after announcing his retirement from the largest public pension fund in [...]

Economic deposits of mineral commodities are rare geological phenomena that are difficult to discover and expensive to develop into operating mines. Mexico is a treasure trove hosting an abundance of viable mineral deposits, particularly, silver and gold. Indeed, there is a rich precious metal mining history dating back to pre-Hispanic times. Since the arrival of [...]

Torex Gold Resources Inc. announced today that step-out drilling on the El Limon deposit at the Company’s Morelos Gold Project in Mexico has intersected high grade gold mineralization outside the known resource area and extended the deposit some 250 m to the east and 50 m to the west (e.g. T10-047C – 13.5 g/t Au [...]

At Beijing’s largest gold shop, the queues to buy bullion mini bars have turned into scrums as customers jostle for one of the country’s hottest commodities. The phone behind the bullion counter rings off the hook as a frantic sales clerk tries to answer buyers’ questions. The electronic chart displayed behind him says it all: [...]