Friday
,
21 Nov 2008
New Zealand's big spender on exploration, Newmont Waihi Gold - subsidiary of American gold giant Newmont Mining Corporation - is continuing its major exploration programme in the southern sector of the North Island's Coromandel Peninsula with the immediate target of increasing its operation's known life from four years to seven.
Thursday
,
20 Nov 2008
Aflease Gold merges with Australian BMA Gold to raise capital for the Modder East project that will make or break the company. However, it still has a damaged reputation to deal with.
Thursday
,
20 Nov 2008
Zimbabwe’s financial crisis deepens as gold production, an important export earner, declines to a trickle with gold miners owed big sums by Central Bank.
Thursday
,
20 Nov 2008
Platinum rose 3 percent before trimming gains while the gold price was steady, watching currency markets as dollar rose marginally and oil fell again to 22-month low.
Thursday
,
20 Nov 2008
Agnico-Eagle impresses with its new Kittila mine in Finland, reinforcing the status of Tier II gold miners as one of the “best performing” within the bombed out global resources arena. Tables included.
Saturday
,
15 Nov 2008
Gold ended the week on an up, said to be on fund buying ahead of the G20 meeting which could provide a boost for precious metals.
Friday
,
14 Nov 2008
Wherever one turned at yesterday's RBCCM gold meeting in London there was little optimism in the gold sector - at least in the short and medium term.
Friday
,
14 Nov 2008
Crystallex still waits for the final word on the possible expropriation of Crystallex as Venezuela enters yet another round of elections on November 23.
Thursday
,
13 Nov 2008
While reduced valuations of gold stocks may present what look to be great opportunities, mining majors and mid-sized companies seem to be putting M&A on hold for the time being because of price volatility.
Thursday
,
13 Nov 2008
Speaking in London, Barrick's Alex Davidson painted a very positive picture for the company, even despite the difficult current global financial picture
Thursday
,
13 Nov 2008
As the Silver State’s economy suffers along with the rest of the country, the BLM’s approval of Barrick’s big Cortez Hills gold project may be a ray of economic sunshine for rural Nevada.
Wednesday
,
12 Nov 2008
Australia’s biggest domestically owned and the world’s 10th largest gold miner Newcrest Mining believes it can keep its future gearing with mine developments in the range of 15% to 20%.
Tuesday
,
11 Nov 2008
Manila Mining says mega miner Anglo American will withdraw from the company’s Kalayaan copper/gold project on which it was funding a pre-feasibility study.
Friday
,
07 Nov 2008
A difficult third quarter thrust Randgold Resources into the red, but improving operations in the final quarter mean that it should meet its production targets, while its strong cash position may give it some additional options in the near future.
Thursday
,
06 Nov 2008
The global financial crisis has yet to hit Kinross Gold, which “had an outstanding quarter in which we began to see clearly the positive impact of Kinross’ growth program on our profitability.”
Wednesday
,
05 Nov 2008
Reports from Venezuela say that Crystallex' Las Cristinas mine is being ‘recovered' and will be operated under state administration.
Wednesday
,
05 Nov 2008
First Uranium says its announced transaction with Gold Wheaton will provide it with the funds for a sulphuric acid plant, or, future growth.
Wednesday
,
05 Nov 2008
The fall in commodity prices and tight credit has led Quadra Mining to halt work at its Sierra Gorda copper project in Chile and its Malmbjerg molybdenum project in Greenland as it reports lower 3Q earnings.
Wednesday
,
05 Nov 2008
Yamana’s profits increased as gold and copper production rose, while revenues increased 24 percent, but adjusted earnings still miss expectations.
Tuesday
,
04 Nov 2008
DRDGold has stopped mining at the 100-year-old ERPM mine, the world's deepest, and is still seeking a solution for its pumping problems which have been primarily responsible for the mining halt.
