exeter-resource

Exeter (AMEX:XRA), Gammon (NYSE:GRS), Nevsun (AMEX:NSU), Northgate Minerals (AMEX:NXG) Soar on China Gold Imports

Gold prices today were soaring before noon as news from the Shanghai Gold Exchange that China had acquired 209 metric tons of the yellow metal through October caused gold miners like Exeter (AMEX:XRA), Gammon (NYSE:GRS), Nevsun (AMEX:NSU) and Northgate Minerals (AMEX:NXG) soar in share price.To contrast this, China only acquired 45 tons of gold for all of 2009, showing they are protecting their

Continue Reading »

Exeter Resource’s (TSX:XRC) Extorre (TSX:XG) Exciting Investors

It hasn’t taken long for Exeter Resource’s (TSX:XRC) (AMEX:XRA) spin-off of what has become Extorre Gold (TSX:XG) to get investors excited, as the latest resource estimate of Extorre has them reaching over 1 million ounces as exploration continues at their Cerro Moro project. Exeter recently spun off Extorre Gold in order to focus on their Caspiche gold/copper project in Chile, so a new

Continue Reading »

Exeter Resource (TSE:XRC) Looking for Buyers

Exeter ResourceExeter Resource (TSE:XRC) has reportedly attracted significant interest in selling the company and its Caspiche gold-copper-silver project in Chile.Along with some interest from the Chinese, other major gold companies interested are Newmont (NYSE:NEM), Barrick (TSE:ABX) and Kinross (TSE:K).It could be a very good deal for either Kinross or Barrick, as they already have operations

Continue Reading »