Posts Tagged ‘ministry’

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China cracks down on gold exchanges

Governments hate competition.  Due to record breaking gold prices this year, more unauthorized gold exchanges have been created to capitalize on gold fever.  However, China regulators are not happy about the competition. A joint statement issued by People’s Bank of China, the Ministry of Public Security and other regulators recently announced, “No local authority, institution or individual is allowed to set up gold exchanges.”  ... Full story

Basic commodities reserve enough for another 4 months, says official

Basic commodities reserve enough for another 4 months, says official
The strategic reserves of Egypt's basic commodities are enough for the next four months, said an official source on Sunday. Ahmed Fatahy Abdel Aziz, head of the Control and Distribution Sector at the Solidarity and Social Justice Ministry, said the rice... Full story

$25 million spent in Albania by Tirex Resources going a long way

$25 million spent in Albania by Tirex Resources going a long way
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 18, 2011) -  Tirex Resources (TSX VENTURE:TXX) announces that it has submitted all of the required documentation to apply for mining permits in the areas known as Central Gurthi & North Gurthi (Koshaj), South Gurthi & Letitna, Tuc, Qaf Bari, Fushe Arres and Paluca via license application numbers LC-9821-08-2011, LC-9819-08-2011, LC-9822-08-2011, LC-9820-08-2011, LC-9817-08-2011 and LC-9818-08-2011. These areas of the ... Full story

Newmont wins another award for best environmental management

Newmont wins another award for best environmental management
Gold and copper mining company PT Newmont Nusa Tenggara has again received an Aditama award from the Energy and Mineral Resources Ministry as the best mining company in terms of mineral mining environment management. Full story

Canada’s Caledonia contests Zimbabwe licence withdrawal

Canada's Caledonia contests Zimbabwe licence withdrawal
TORONTO — Caledonia Mining, which owns Blanket Mine near Gwanda, on Friday said Youth Development, Indigenisation and Empowerment minister Saviour Kasukuwere acted outside his ambit in asking the ministry of mines to cancel the company’s operating Full story

Ukraine to begin commercial gold mining

Ukraine to begin commercial gold mining
This year Ukraine will start its own large-scale gold mining, according to the representative of the State Service of Geology and Mineral Resources of Ukraine Eduard Stavyts'kyi. Full story

China’s gold output exceeds 164 tonnes in first half of year

China's gold output exceeds 164 tonnes in first half of year
BEIJING, Aug. 5 (Xinhua) -- China's gold output grew by 5.18 tonnes, or 3.25 percent year-on-year to 164.42 tonnes during the first half of the year, the Ministry of Industry and Information Technology (MIIT) said Friday. Full story

China’s gold production up 4.63 pct in Q1

China’s gold production up 4.63 pct in Q1
China’s gold output in the first quarter rose by 3.25 tons, or 4.63 percent, over a year earlier to 73.41 tons, according to figures released by the Ministry of Industry and Information Technology (MIIT) on Friday. Full story

Buy gold; crude, silver, copper: Ram Pitre, head research, ITI

Buy gold; crude, silver, copper: Ram Pitre, head research, ITI
Email this video Save this video Share on Facebook Please enable the javascript of your browser to see the video. URL: Embed: Just In Videos PMO to provide letters between PM and Raja to RTI applicant Ministry of Corp Affairs contradicts report on Loop Full story

Saudi-Turkish JV granted gold mining license

Saudi-Turkish JV granted gold mining license
The Saudi Deputy Ministry for Mineral Resources has granted the first mineral exploration license for the Selib North Project – to a Saudi-Turkish joint venture in which KEFI Minerals ha a 40 percent stake and is the operating partner. Full story
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