Posts Tagged ‘department’

Highland Gold Mining Limited announced the signing of an agreement on acquiring Kazzinc’s 48.3 percent share of Novoshirokinsk Mine for $110 million. Full story

Central Rand Gold (JNB:CRD) is seeking help from the Pretoria High Court to keep operating after its mining license was set aside by the South African Department of Mineral Resources. On Monday Central Rand Gold, a company focused on gold prospecting and mining in the Central Rand Goldfield of South Africa, learned its mining license would be cancelled because it failed to carry through with ... Full story

Central Rand Gold (CRG) may have to close its mine as early as next week after a government order, the Sunday Times reported, citing Bheki Khumalo, spokesman for the Department of Mineral Resources. Full story

South Africa's mining sector could be forced to take part in beneficiation activities, the Department of Mineral Resources (DMR) has indicated. Mining licences could be granted with conditions attached to ensure a supply of raw materials for local Full story

Federal authorities have shut down 12 mines in northern Mexico after inspections spurred by an accident last month that claimed the lives of 14 workers, the labor department said. Full story

Hong Kong (HKSAR) - Attention TV/radio announcers: Please broadcast the following as soon as possible and repeat it at regular intervals: Here is an item of interest to swimmers. The Leisure and Cultural Services Department announced today (June 14) that Full story

Bloomberg News reports that Hecla Mining, the biggest silver producer in the United States, has agreed to pay $263 million to settle one of the country's biggest Superfund lawsuits: Hecla’s payment, including interest, will be made to the federal government, the  Coeur d’Alene Indian Tribe and the state of  Idaho , resolving claims stemming from waste discharged from its mining operations, the U.S. Justice ... Full story

Four gold traders were charged with tax evasion before the Department of Justice (DOJ) yesterday. Full story

Allan Seccombe, writing in Business Day , reports on the results of a legal battle between a community and an Australian platinum mining company: Australia’s Nkwe Platinum has won back its critically important stake in the Eerste Geluk platinum property after a protracted legal battle with a community that resulted in the Constitutional Court setting aside the prospecting rights over the property. The court ... Full story

Gold settled at $1428.60 for the week as African and Middle East tensions continue to support the precious metals. The escalating violence in Libya and reports that demonstrations are spreading throughout the Middle East has traders and investors Alike choosing both Gold and Silver as their alternative “safe haven” alternative investment Full story