Posts Tagged ‘russia’

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Ethical Coal: Mongolia’s sparkling potential amidst regional energy demand

Ethical Coal: Mongolia’s sparkling potential amidst regional energy demand
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

White Tiger Announces Start of Long Hole Production at Lamaque

ROAD TOWN, TORTOLA, BRITISH VIRGIN ISLES–(Marketwire – Feb. 3, 2012) -  White Tiger Gold (“White Tiger” or the “Company”) (TSX:WTG) is pleased to announce that it is starting Long Hole ore production from the mines North Wall Full story

Poluys fill the vaults ahead of listing, Kinross takeout rumours swirl

In a trading update Russia’s Polyus Gold International, owned by Mikhail Prokhorov, a Vladimir Putin rival in upcoming presidential elections, announced a 8% increase in gold production to just under 1.5 million ounces which boosted earnings by 40% to $1.06 billion. Full story

Putin presidential rival seeking $1 billion in London for his gold company

Bloomberg reports that Russia’s Polyus Gold International, owned by Mikhail Prokhorov, a Vladimir Putin rival in upcoming presidential elections, could raise us much as $1 billion as part of its planned listing and share sale in London. Polyus follows fellow Russian miners Evraz Plc and Polymetal International to London aiming for inclusion in the prestigious FTSE-100 index. Bloomberg reports: Prokhorov, who owns 38 percent ... Full story

Kinross down 19% after announcing Tasiast project setback

Kinross Gold (K.TO) erased 19.46% of its value, with shares dropping to $10.65 a share on Tuesday, after it disclosed that it will take “. Full story

South African PGM production down 2.7 percent

South African platinum group metal production was down 2.7 percent for the three months ended November 2011 compared with the three months ended August 2011. Statistics South Africa released its  Mining: Production and sales report on Tuesday . Full story

Tensions between Iran and USA, the Eurozone Crisis, and robust demand from China will push the price of gold to new all-time highs.

Tensions between Iran and USA, the Eurozone Crisis, and robust demand from China will push the price of gold to new all-time highs.
Recently there has been much talk about the possibility of a war with Iran. And, as one can expect the main stream media is involved in a deliberate process of distorting the true facts, just as they were before the US invaded Iraq. Full story

Severstal to proceed with Nord Gold GDR listing

The Russian steelmaker said Monday it will proceed with a planned listing of its Nord Gold mining unit in London after investors representing 10.6% of the share capital in the business participated in a share swap. Full story

Russia’s gold reserves up 11 pct on the start of the year

Turkish central bank increased its gold reserves to 5.758 million ounces in November Europe’s largest gold producer Turkey’s gold reserves climbed last month after its central bank bouught 1.328 million troy ounces of gold. According to data from the... Full story

Kinross closes term loan to fund increase in Kupol ownership

TORONTO, ONTARIO–(Marketwire – Dec. Full story
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