Posts Tagged ‘before-the-end’

High River Gold gets mining license for Burkina Faso project

High River Gold gets mining license for Burkina Faso project
The company, which has properties located mainly in Russia and Burkina Faso in Africa, said the license could be renewed. The gold miner, which owns a 90 percent stake in the Bissa project, said it expects mine construction to start before the end of the Full story

HudBay Minerals intersects 2.4% copper equivalent over 120 meters at Constancia’s Pampacancha Deposit

HudBay Minerals intersects 2.4% copper equivalent over 120 meters at Constancia's Pampacancha Deposit
HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) today announced exploration results from the Pampacancha zone at the company's Constancia project in Peru. Hole PO-11-072 intersected two main intervals of mineralization, including 121.45 meters of 1.62% copper, 13.62 g/t silver and 1.02 g/t gold (2.4% copper equivalent 1 ) and 87.50 meters of 0.46% copper, 2.30 g/t silver and 0.22 g/t gold (0.65% copper equivalent). Full story

GFMS says investment demand will drive gold to $1,600 before year end

GFMS says that investment demand will continue to drive gold higher, and analysts at the firm would not be surprised to see gold break through $1,600 before the end of the year. The findings were published in GFMS's Gold Survey 2011 that were released today. Full story

Nevsun sees first Bisha gold pour by year end

TORONTO (miningweekly.com) - Vancouver-based Nevsun Mining expects to complete the first gold pour at its new Bisha mine in Eritrea before the end of the year, the company confirmed on Wednesday. Substantially all the civil, plate work, structural, Full story

Xstrata mulls chance to buy half of big platinum property

XSTRATA will decide before the end of the year whether to exercise an option to effectively buy half of a large platinum project as it doubles production at its Eland mine. Xstrata has a R4,5bn project to sink two decline shafts at Eland as opencast Full story

Signature to submit EIS for Ghana mine, licence extended

PERTH (miningweekly.com) – ASX-listed Signature Metals will submit an environmental-impact study for its flagship Ghana gold project before the end of September, MD Bill Oliver reported on Wednesday. An environmental permit from the Ghanaian Full story

Despite recent setback gold fundamentals suggests $1,500 price this year

Specialist precious metals analyst, Jeff Nichols, reckons that gold's fundamentals remain very strong and although there may be further short term falls in price, we can expect $1,500 gold or more before the end of the current year. Full story
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