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India eyes $1.1 billion solar loan from German bank KFW

By Krishna N. Das NEW DELHI (Reuters) – German development bank KFW could lend India $1.1 billion for rooftop solar projects, on top of another loan it has extended to help the Asian country fund its ambitious green energy plans, India’s top renewable energy bureaucrat told Reuters. Prime Minister Narendra Modi wants to quintuple India’s renewable energy capacity to 175 gigawatts by 2022, making clean energy part of his fight

International Tower Hill Mines Appoints David Cross as Chief Financial Officer

[PR Newswire] – VANCOUVER, May 12, 2015 /PRNewswire/ – International Tower Hill Mines Ltd. (“ITH” or the “Company”) – (ITH.TO) (THM) is pleased to announce that Mr. David A. Cross, CPA, CGA, has been retained under contract to serve as the Chief Financial Officer (CFO) of the Company, effective May 11, 2015. Mr. Cross will remain a partner in the firm of Cross Davis & Company LLP, Certified General Accountants,

Pershing Gold Announces Start of 2015 Drilling Program at Relief Canyon

[PR Newswire] – LAKEWOOD, Colo., May 12, 2015 /PRNewswire/ — Pershing Gold Corporation (PGLC) (“Pershing Gold” or the “Company”), an emerging Nevada gold producer on a fast-track to reopen the Relief Canyon Mine, today announced the start of its 2015 drilling program at Relief Canyon. Pershing Gold has initiated phase 1 of its 2015 core-drilling program at the Relief Canyon Mine, Pershing County, Nevada. The Company has three main objectives

Tuesday, May 12: Today in Gold and Silver

NEW YORK (TheStreet) — Gold’s weak rally attempt at the open of trading in New York on Sunday evening wasn’t allowed to get far—and by the London open the price was down six bucks.  The price crawled higher into the noon London silver fix—and then rallied until a few minutes before the COMEX open.  JPMorgan et al, along with the HFT buddies, did the dirty the moment that London closed