Paulson & Co. increased stake in International Tower Hill Mines Ltd.

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Paulson & Co.’s holding in International Tower Hill Mines Ltd. increased to about 62 million shares with the purchase.

Paulson & Co. first bought International Tower Hill Mines Ltd. stock in the third quarter of 2010. Paulson & Co. also owns AngloGold Ashanti Limited (AU), SPDR Gold Shares (NYSE:GLD), NovaGold Resources Inc. (NG) and Trilogy Metals Inc. (NYSE:TMQ). International Tower Hill Mines Ltd. is its number four position by number of shares and market value among gold & silver stocks.