Posts Tagged ‘australian’

Perth, Australia, Feb 9, 2012 – (ABN Newswire) – Perth-based explorer Peel Mining Limited (ASX: PEX.AX  -  News ) is pleased to report that follow-up RC/diamond drilling at the Mallee Bull prospect (previously known as 4-Mile), part of its 100%-owned May Day-Gilgunnia Project located about 100km south of Cobar in NSW, has intersected additional new high-grade Cobar-style polymetallic mineralisation. The results continue to confirm ... Full story

a href="http://www.theaustralian.com.au/business/opinion/hong-kong-jewellers-cashing-in-on-chinas-appetite-for-the-yellow-metal/story-e6frg9if-1226263136194" target="_blank"> The Australian reports over the past month they've been impossible to miss: On billboards across Hong Kong, throughout its subway network and all over its buses have been huge advertisements for little gold dragons. Hong Kong's jewellers have been determined to cash in on mainland China's obsession with all things Chinese New Year (and the newly arrived Year of the Dragon is ... Full story

(All figures are in US dollars unless otherwise indicated) VANCOUVER, Feb. 2, 2012 /CNW/ – New Gold Inc Full story

Annie Zhang, an analyst with Toronto-based investment bank Octagon Capital, is expecting some good stories to come out of Canada and Argentina this year. In this exclusive interview with The Gold Report, she targets several exploration and near-term producing companies with burgeoning results on the horizon. The Gold Report: The bottom fell out of the junior precious metals sector in late 2011. Full story

CHINESE trader Guangdong Guangxin Holdings has signed an $89 million deal to boost its interests in Australian base metals by buying a quarter of the Mineral Hill copper and goldmine in NSW and a 15 per cent stake in mine owner KBL Mining. The Chinese... Full story

2011 will go down as the year when the wind fell out of the sails of economic recovery and serious storm clouds gathered on the horizon. Full story

AN Australian gold mining exploration company said yesterday it had halted activities at a project in Indonesia, after a violent protest at a nearby port last week that left two people dead. Two men were killed and about 20 injured on December 24 when... Full story

Arc Exploration Limited (ARX), an Australian gold mining exploration company with presence in Indonesia, has halted activities at a project in Bima, after a violent protest at the nearby port of Sape last week that left two people dead . ARX’s shares plummeted 20 per cent today after this announcement Full story

Eldorado Gold Corporation (the “Company” or “Eldorado”) (TSX:ELD)(NYSE:EGO)(ASX:EAU) today announced that it has entered into a definitive agreement (the “Arrangement Agreement”) with European Goldfields Limited (“European Goldfields”) (TSX:EGU)(AIM:EGU) pursuant to which Eldorado has agreed to acquire all of the issued and outstanding common shares of European Goldfields by way of a plan of arrangement (the “Arrangement”) under the Yukon Business Corporations Act. European Goldfields ... Full story

JOHANNESBURG (miningweekly.com) − Job seekers in the Australian mining and construction industry were likely to benefit from a favourable hiring climate in the first quarter of 2012, said recruitment solutions provider Manpower. Continue reading at Mining Weekly Full story