Rye Patch has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory within 36 months. The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide.
Gold-mining major Anglo-Gold Ashanti has reached an agreement with the government of Guinea regarding the environmental rehabilitation programme of the Siguiri project. For full story, click here
AngloGold Ashanti, the world’s No. 3 and Africa’s top gold producer, declared an 11 percent jump in earnings for the second quarter due to higher output, beating market forecasts. For full story, click here
The gold mining companies, which are members of the South African Chamber of Mines, AngloGold Ashanti, Gold Fields, Harmony Gold and Rand Uranium signed the 2009 wage agreements with unions representing gold sector employees bringing to conclusion the 2009 wage negotiations for the Chamber of Mines gold mining sector. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News It is one big company and it has big ambitions. Africa’s largest gold producer, AngloGold Ashanti Ltd., is studying a A$520 million (US$ 426 million) mine development in Western Australia state with venture partner Independence Group NL. AngloGold, owner of a 70 per cent stake in the [...]
Anglo Gold Ashanti, Africa’s leading gold producer, is studying $426 million mine development in Western Australia state with venture partner Independence Group NL. For full story, click here
South African gold miners may call a national strike over a pay dispute with the industry body representing employers from Anglo Ashanti to Gold Fields Ltd. For full story, click here
Newmont Mining Corp. declared that it has finished the acquisition of the remaining 33.33% interest in the Boddington project from AngloGold Ashanti Australia Ltd. a wholly-owned subsidiary of AngloGold Ashanti Ltd. For full story, click here
AngloGold Ashanti Ltd. along with B2Gold Corp. declared that jointly they may initiate building a mine in the Gramalote gold reserve located in the province of Antioquia in North-Western Colombia in 2013. For full story, click here
Gold major AngloGold Ashanti declared that it has formed a strategic alliance with United Arab Emirates gold exploration company Thani Dubai Mining to explore, develop and operate mines across the Middle East and in parts of North Africa. AngloGold Ashanti CEO Mark Cutifani commented: We believe that the complementary skills and regional expertise that this [...]
Thursday, January 14, 2010