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Austrian Mint Releases 2015 Silver Niobium Coin, “Cosmology”

By CoinWeek News Staff….   Every year since 2003, the Austrian Mint (Münze Österreich AG) has released a new bimetallic, silver-niobium collector’s coin honoring science, engineering and technology. This year’s coin, available now on the Austrian Mint’s website (http://www.muenzeoesterreich.at/eng/produkte/cosmology), features a design based on the theme of “Cosmology”. Delivery started Wednesday, January 21. The outer […]

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Nexus Gold Starts $1 Million Private Placement

Nexus Gold (TSXV:NXS) has announced a $1 million private placement from 10 million units. The net proceeds of the placement will be used by the company for financing its 2015 drill program at the Walker Ridge gold project as well as for general working capital purposes.

Weekly Recap: US Mint Products, Saddle Ridge Hoard Gold Coins, Royal Canadian Mint Financial Results

Welcome to the Coin Update weekly recap! We’re back with a round up of coin collecting news and articles from the past week! US Coins During the week, the United States Mint opened sales for the 2014 Silver Proof Set and the Calvin Coolidge Presidential $1 Coin Cover. Meanwhile, the 2013 Limited Edition Silver Proof […]

Richmont Mines Announces CDN $30 Million Financing Deal for Island Gold Mine

Richmont Mines (TSX:RIC) has announced that it has entered into an agreement with Macquarie Capital Markets for the issue of 7.5 million common shares at a price of CDN $4 per share. The gross proceeds would be $30 million. The group of underwriters in the deal include CIBC World Markets, National Bank Financial, BMO Capital Market, TD Securities and PI Financial Corp. The underwriters have also been granted an over-allotment option to purchase an additional 1.125 million common shares for gross proceeds of $4.5 million.

Buyers Take a Shine to Gold, Silver Again – Wall Street Journal

Wall Street Journal Buyers Take a Shine to Gold, Silver AgainWall Street JournalGold and silver are getting another turn in the spotlight, luring investors worried about slowing global growth and surprises by central banks. On Thursday, the European Central Bank offered the latest reason to pile into precious metals by unleashing …Gold And Silver: Truly […]