Ghana has increased taxes on miners hoping to extract more revenue from its gold resources. This trend of resource nationalism is considered business risk #1 for miners in 2011-12.
Continue reading "Ghana Raises Taxes On Gold Mining Companies: Resource Nationalism"
Friday, June 17, 2011
Bloomberg reported that gold producers are working to ensure their mining operations in Africa are not contributing to conflict in those countries.
Friday, February 25, 2011
Bloomberg reports that the presidents of Kenya and the Democratic Republic of Congo have begun an investigation into rumors that 2.5 metric tons of gold was smuggled from Congo into Nairobi.
Tuesday, February 22, 2011
Reuters reports that Frontline Gold Corp (CVE:FGC)'s shares rose 13 percent after it announced that it found four gold zones at its Niaouleni project in West Africa.
Continue reading "Frontline Gold Finds New Deposits in West Africa; Shares Rise"
Tuesday, February 22, 2011
Avnel Gold (TSE:AVK)'s drilling results announced today show the potential for bulk tonnage, open pittable gold mineralisation at the company's Kalana permit in south-western Mali.
Continue reading "Avnel Gold – Research Report from Edison Investment Research"
Monday, February 21, 2011
Mineweb reports that Stratex International plc announced positive findings at the Tigray State province in northern Ethiopia.
Continue reading "Stratex: Gold Discovery Northern Ethiopia"
Monday, February 21, 2011
Sunridge Gold Corp. (CVE:SGC) announced that it has started an 8,500 meter drilling program at the Emba Derho copper-zinc-gold deposit,Eritrea.
Monday, February 21, 2011
By Vivien Diniz – Exclusive to Gold Investing News Gold prices were on the rise today after violence erputed in Africa and the Middle East. Civil unrest has boosted the price of gold for April delivery to $1,407.50 an ounce, while the spot price rallied to a high of $1,406.80 per ounce. This is the yellow [...]
Continue reading "Gold Futures Rise Above $1400"
Monday, February 14, 2011
Stellar Pacific Ventures Inc.(CVE:SPX) announced the first assay results of a drilling campaign carried out on the SOLOTOMO gold discovery which is located in Guinea West Africa. The press release is quoted as saying: The first four reverse circulation holes returned large intersections of economic grades in B-1 and B-3 anomalies, including results of 2.55 g/t [...]
Continue reading "Stellar Pacific Ventures Intersects 25 Meters of 2.55 g/t Gold"
Wednesday, November 17, 2010
Reuters Africa reports that on Wednesday Gold prices edged lower, after dropping 2 percent in the previous session, as deepening fears over Ireland's fiscal health.
Continue reading "Gold lower on strong dollar, Ireland debt woes"
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Wednesday, December 7, 2011