Posts Tagged ‘country’

Platinum miners in South Africa have 20 days to provide ideas on lapsed and revoked mineral rights as the government looks to drive forward exploration in the country, reports Mining Weekly. A Government Gazette notice inviting comments on the... Full story

Peru’s Mines and Energy Ministry (MEM) reported a drop in the 2011 production of the country’s major export metals, including silver, copper, gold, lead, tin and zinc. Silver production fell 6.22% in 2011, compared to 2010; followed by copper (0.96%) and gold (0.04%). In contrast, iron ore and molybdenum production increased According to data provided by the MEM, Peru’s cumulative gold production for last ... Full story

OTTAWA, ONTARIO–(Marketwire – Feb. 7, 2012) – Orezone Gold Corporation (TSX:ORE) announces that it plans to enter into definitive share exchange agreements (the “Share Exchange Agreement”) with the minority shareholders of its 67% owned uranium subsidiary, Brighton Energy Corporation Full story

Monday morning stocks dropped slightly in response to Greece dragging its feet on accepting the terms of a new bailout deal. The S&P five-week rally – based on better-than-expected U.S. data – along with rallies in other indices took a breather. Full story

The new frontier country driven by resource-based economy Mongolia is land-locked country in East and central Asia, bordered by Russia to the north and China to the south, east and west. With a population of 2.8 million people occupying 1.56 million square kilometers (roughly the size of Alaska), it is the most sparsely populated country in the world.  A fledgling democracy just over 20 ... Full story

The state agency of geology and mineral resources of Kyrgyzstan announced this week that in 2011, the output of the gold-mining industry of the ex-Soviet republic increased by 41.7% compared with 2010. The value of gold production was $1.9 billion, almost a full 15% of the impoverished country’s $13.16 billion (2011 est.) gross domestic product. Full story

Interfax-China reported that China's gold bullion output grew by 5.89% in 2011 to reach a record high of 360.96 tonnes up by 20.08 tonnes from the previous year making the country the world's largest producer for the fifth year running. The China Gold... Full story

GoldMoney Founder and Chairman James Turk knows how to find great deals on gold and silver. He claims that the 2012 bottom for gold came during the first week in January. If the year’s low is already history and if his projection that gold will hit the $2,000/oz mark within three months is on target, you do the math Full story

Eurasianet reports two new studies say that the massive Kumtor gold mine, controlled by Canada’s Centerra’s and the Kyrgyzs government, as a matter of routine ignores environmental legislation and makes it impossible for independent auditors to do inspections. The mine’s operations could have a far-reaching, deleterious effect on Central Asia’s water supply and the mine is run like a “private fiefdom”, one of the ... Full story

12%) NMDC, the country's largest iron ore mining company, has secured a gold mining lease in the Bulyang'Ombe and Saga Hills area of Tanzania. Chairman N K Nanda said the mine was estimated to be having gold deposits of four tonnes and NMDC would start... Full story