Posts Tagged ‘said-its’

TORONTO (miningweekly.com) New York- and Toronto-listed Banro on Monday said its Twangiza gold project is on track to become the first new commercial gold mine in the Democratic Republic of Congo (DRC) in more than 50 years, with first production set for Full story

Canada’s San Gold Corp said its gold production more than doubled in the second quarter, backed by increased crushing and milling system capacity. The company, which mainly explores gold in the Bissett area of Manitoba and produces from its underground Full story

Demand for silver is likely to rise 30 percent in India and China, two of the worlds fastest growing economies. Full story

Silver demand in China and India is set to rise 30 percent in 2011. Silver prices for July delivery surged $1.058, or 2.2 percent, to $48.599 an ounce Full story

The gold producer, said its quarterly profit numbers, which came in better than analysts expected, were boosted by surging gold prices. Full story

Centamin Egypt (CEY.L) (CEE.TO) said it expects full-year production to come in at the lower end of its 250,000-290,000 ounce guidance after output in the first quarter was hit by supply problems. It poured 45,204 ounces in the first quarter and said its Sukari operation remained largely unaffected by Egypt's political unrest. Full story

StockMarketWire.com - Newly redomiciled miner and metals producer Sylvania Platinum Limited said its shares were admitted to trading on AIM today (March 25).The move followed an announcement in November by Sylvania Resources Limited that it would Full story

Yum! Brands, Inc. Full story

SINGAPORE, Jan 5 (Reuters) - The world's largest gold-backed exchange-traded fund, SPDR Gold Trust , said its holdings fell to a seven-month low at 1,276.472 tonnes by Jan 4 from 1,280.722 tonnes on Dec 30. Full story

Randgold said its Tongon mine was operating, but on a "curtailed basis". A second mill had been delayed because delivery of components had been held up in the Abidjan port and by shipping delays caused by the political crisis. Full story