Posts Tagged ‘biggest’

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Nevsun shares plunge 30% after slashing 2012 guidance

Shares in Nevun Resources Ltd. fell off the cliff this morning after the company issued a press release saying its 2012 production estimate from its Bisha copper-gold mine in Eritrea is half of what the mine produced in 2011. Full story

Peru sets up close scrutiny of Conga mine

- Peru's government has chosen three international consultants to review the paralysed $4.8bn Conga gold and copper mine, the biggest single investment in the country's history. Full story

Gold gains as European leaders tackle crisis; palladium rallies

Dec. Full story

Big discovery by Barrick Gold gets Nevada industry attention

Barrick Gold Corporation’s two new gold discoveries in Nevada represent the biggest mining story in the state for 2011, says Alan Coyner, administrator for the Nevada Division of Minerals. In September, Barrick said it had found estimated resources of nearly 3.5 million ounces of gold at its Red Hill and Goldrush claims a few miles southeast of the company’s flagship Cortez mining operations 75 miles ... Full story

Markets tumble, gold falls under $1,700

Uncertainty regarding the never-ending euro crisis and weak data from China sent gold and markets lower. The S&P/TSX Composite Index is off 1.88% and the S&P/TSX Venture Composite Index is down 1.93% Full story

Commodities Slump as U.S. Rating Cut May Worsen Slowdown, Eroding Demand

Commodities Slump as U.S. Rating Cut May Worsen Slowdown, Eroding Demand
Commodities extended the biggest weekly drop in three months on speculation the U.S. credit- rating cut will worsen the economic slowdown, eroding demand. Full story

June consumer prices record largest drop in a year

- Consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, government data showed on Friday, pointing to a cooling in commodity-driven inflation pressures. Full story

Gold futures – Weekly review: June 20-24

Gold futures - Weekly review: June 20-24
Forex Pros Last week saw gold prices post their biggest weekly decline in two months, as a broadly stronger U.S. Full story

Unlisted Philippine firm in talks to develop gold and silver prospect

Unlisted Philippine firm in talks to develop gold and silver prospect
The president and CEO of Jake Mining says the company is in talks with seven or eight foreign groups to develop what could become one of the biggest mines in the Philippines Full story

Gold Flat, Silver Gains on Commods Rebound

Gold Flat, Silver Gains on Commods Rebound
Gold was little changed on Thursday and silver extended gains from the previous session, when commodities posted their biggest rise in two months after a recent sell-off, as a weaker dollar lent support.Boris Engelberg | Stock4B | Spot gold Full story
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