Posts Tagged ‘time_since_8 hours ago’

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Newmont’s Conga set to become Peru flashpoint as region vows massive protest

Newmont's Conga set to become Peru flashpoint as region vows massive protest
Reuters reports political and community leaders in Peru's Cajamarca region demanded on Wednesday that Newmont Mining and partner Buenaventura abandon their $4.8 billion Conga project after threeway talks with the central government failed. Full story

DRDGold almost doubles operating profit

DRDGold almost doubles operating profit
mine ‒ four purchase offers received Johannesburg, South Africa --- MININGREVIEW.COM --- 31 October 2011 - In line with sharply rising profit margins triggered by the soaring rand gold price, DRDGold ‒ South Africa’s fourth largest gold producer ‒ reports... Full story

Green light for Britain’s only goldmine sparks fears for national park

Green light for Britain's only goldmine sparks fears for national park
The Guardian reports the approval for Britain's only commercial goldmine despite opposition from environmental groups has sparked fears for the Loch Lomond and the Trossachs National Park national park and tourist interests in the area. The mine is around 1 kilometre inside the park boundary Full story

Largest gold mine in eastern US getting support from locals

Largest gold mine in eastern US getting support from locals
A massive gold mine proposed for near Kershaw, North Carolina, is enjoying broad community support. A public meeting on Thursday "drew enthusiastic support" for a plan by Romarco Minerals (TSE:R) to revitalize the historic Haile Gold Mine, which closed over 20 years ago, reported local media The State:  Most who spoke at a hearing said the Canadian mining company is a good neighbor that will protect ... Full story

Ramelius Resources Quarterly Report for the period ended 30 September 2011

Ramelius Resources Quarterly Report for the period ended 30 September 2011
Highlights Fine gold production for the quarter was 16,348 ounces. Full story

Roxgold Inc. announces $11.0 million bought deal private placement

Roxgold Inc. announces $11.0 million bought deal private placement
TORONTO, ONTARIO--(Marketwire - Oct. 28, 2011) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S Full story

Platinum undervalued but could reach $2,000 by end 2012

Platinum undervalued but could reach $2,000 by end 2012
Platinum undervalued, but could reach $2000 by end 2012 Read more : automobiles,autocatalyst demand,gold,platinum,industry,platinum jewellery After the sell-off in Gold and Platinum in 2008, both precious metals rebounded strongly from the October 2008... Full story

Argentina orders foreign mining, oil companies to repatriate funds

Argentina orders foreign mining, oil companies to repatriate funds
In a move that seems certain to slow foreign investment, the government of Argentinian President Fernandez de Kirchner has passed a law requiring oil, gas and mining companies to repatriate  future export revenue. The Vancouver Sun reports:  "President Cristina Fernandez de Kirchner, in her first move since being re-elected Oct. 23, changed a 2002 decree requiring companies such as Repsol YPF SA, Total SA, Petroleo ... Full story

Nice margin if you can get it: Goldcorp keeps costs between $258 – $551 per oz

Nice margin if you can get it: Goldcorp keeps costs between  $258 - $551 per oz
Vancouver-based Goldcorp on Wednesday reported record third-quarter net income on an adjusted, non-GAAP basis of $459 million or $0.57 per share from $244 million or $0.33 per share in the third quarter last year. Revenues for the quarter grew 48% to $1.31 billion from $885 million in 2010 on gold sales of 571,500 ounces. Full story

Gold may extend gains above $1,700 as Europe woes spur demand

Gold may extend gains above $1,700 as Europe woes spur demand
Oct. 26 (Bloomberg) -- Gold futures may extend an advance above $1,700 an ounce as concerns about Europe’s debt crisis spur demand for the metal as a protection of wealth. European leaders will hold an emergency summit today in a bid to reach agreement on... Full story
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