Centerra Gold Acquires Stratex’s 30-percent Share in Öksüt Gold Project
Centerra Gold Inc. (TSX:CG) announced that it has acquired the remaining 30-percent interest in the Öksüt gold project in Turkey from Stratex International plc (LSE:STI).
Centerra Gold Inc. (TSX:CG) announced that it has acquired the remaining 30-percent interest in the Öksüt gold project in Turkey from Stratex International plc (LSE:STI).
Mining Weekly reported that Gold Field's CEO Nick Holland says that drastic, collaborative action has to take place in order for the gold mining industry to remain viable in South Africa.
Bloomberg reported that Freeport-McMoRan Copper & Gold Inc.'s purchase of Plains Exploration & Production Co. (PXP) and McMoRan Exploration Co. (MMR) plunged their stock by 16 percent on Tuesday, to a four-year low.
Reuters reported that Russian miner Nord Gold has increased its stake in High River Gold to 87.9 percent.
Cogitore Resources Inc. (TSXV:WOO) reported that drilling is underway to test Gold Hill showing at its Lemoine project south of Chibougamau, Quebec.
Pretium Resources Inc. (TSX:PVG,NYSE:PVG) released the results of the resource estimate for its Brucejack project.
The International Business Times reported that Citibank expects gold to resume more modest annual gains of 8 to 15 percent a year, than those that had been seen in the "commodity supercycle".
Bullfrog Gold Corp. (OTCBB:BFGC) announced that they have raised $1,075,000 through a private placement that closed on November 19, 2012.
Mining Weekly reported that in its latest report, the World Gold Council that worldwide demand for gold dropped by 11 percent in the third quarter of 2012.
Reuters reported that production of gold in Kazakhstan rose during the first 10 months of 2012.
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