Free Republic

Kit Hamley holds a large male sea lion skull from a bone pile at New Island. Dozens of individual sea lions were present throughout the bone pile assemblages excavated at New Island.Credit: Kit Hamley

TORONTO, ONTARIO--(Marketwired - Dec 15, 2014) - YAMANA GOLD INC. (YRI.TO) (AUY) ("Yamana" or "the Company") today announced a new vein discovered at El Peñón and the best drill intersections in the history of Chapada, immediately west of the main pit. At El Peñón the new north-south vein, named Ventura, is expected to lead to expansion of the mineral resource base at what appears to be high grades. The results at Chapada, from the newly discovered mineralization named Sucupira, continue to support the potential of a much larger district of mineralization, which could also significantly expand mineral resources. In both...

Yamana Gold dropped 15% in one day after news of a charge taken for Brazilian operations.

George Soros may be one of the best investors on Earth. In 1973, he founded the Quantum Fund. Over the next two decades, Soros went on to earn 30% annual returns for his clients. This performance has cemented his place amongst legends like Warren Buffett and Peter Lynch. That’s why you should always watch what stocks Soros is buying. And right now, he’s making some big bets on the mining sector. George Soros bought $18 million of this gold stock. Soros hasn’t hesitated to express his concerns about fiat currencies. Central bankers are flooding the world with cheap money and...

It was two weeks ago when I reported that sentiment analysis, at long last, was on the side of the bulls — at least for a tradeable rally. Yet, far from rallying, bullion today is $18 per ounce lower — a nine-month low — than it was then. Does this mean contrarian analysis was wrong? Have contrarians reconsidered their bullish turn? No is the answer, on both counts. Consider the average recommended gold market exposure level among a subset of short-term gold market timers tracked by the Hulbert Financial Digest (as measured by the Hulbert Gold Newsletter Sentiment Index, or...