Posts Tagged ‘world’

IBTimes Gold put together a list  (with photos) of the world's 10 largest gold mines based on production data. Without giving away the results, IBTimes Gold says despite some difference of opinion, the Grasberg mine in Indonesia tops the list as world #1. Full story

Perth Mint announced that it minted a one-tonne gold bullion coin that is worth over $55 million. It is the world's largest gold bullion coin Full story

After numerous jukes and headline rumors, the world finally received a so-called EU solution.  After threatening with a total insolvency Greece situation, European leaders were able to talk bondholders into accepting a 50% haircut on Greek debt.  Furthermore, the euro zone leaders agreed to increase the firepower of the European Financial Stability Facility.  The markets reacted quite well to the news, even if it was ... Full story

According to the Bombay Bullion Association, imports of the yellow metal could drop to as low as 70 metric tons as higher prices keep buyers away (Bloomberg) - Gold imports by India, the world's largest bullion consumer, may decline by as much as 30 Full story

RENO -- Lawyers for an environmental group and Native American tribes trying to block another expansion at one of the biggest gold mines in North America say the U.S. government -- in concert with the largest gold company in the world -- is making an... Full story

Voters of a small southwest Alaska borough narrowly passed a measure blocking a proposed gold and copper mine that conservationists said would have threatened one of the world's premier wild salmon fisheries in a local election that gained national... Full story

SBS World News Australia reports that Bouganville copper mine, one of the world's largest deposits of copper, could open if past combatants could be fairly compensated. The report also alleges new complicity in the conflict that cost the lives of around 15,000 to 20,000 people. The open pit mine was established in Papua New Guinea in the early 1970s by Bougainville Copper Limited, a ... Full story

TORONTO, ONTARIO--(Marketwire - Sept. Full story

News that the Mongolian government is rethinking a 2009 deal that gave Ivanhoe Mines and Rio Tinto a 66% stake in the massive Oyu Tolgoi gold and copper project has sent the shares of Ivanhoe down more than 9.5% in Toronto on Wednesday afternoon, while Rio's ADRs gave up over 6% in New York trade. The bad news appears to have led to a bust-up ... Full story

On Sunday, the 2011  Denver Gold Forum  officially started.  The conference is the world’s premier precious metals investment conference, and takes place at The Broadmoor Hotel and Resort in Colorado Springs. Full story