North Bay Updates Ruby Mine and JV Projects
North Bay Resources Inc. (OTCBB:NBRI) announced updates to its various mining projects including the Ruby gold mine.
Articles Tagged "gold mining"
New Discoveries Demonstrate Mexico’s Gold Mining Potential
Mining Weekly reported that Mexico may become a mecca for gold miners as new discoveries indicate there is strong mining potential in the country.
Gold Miners Downplay Problems in Mali
Reuters reported that miners in Mali say sanctions will not disrupt gold mining operations in the country.
Gold Prices Higher on Federal Reserve Chairman’s Remarks
Gold prices started off the week trading higher based on Monday’s news that Federal Reserve Chairman Ben Bernanke believes the United States' economy has to grow more quickly to reduce the unemployment rate. Overall, spot market gold prices have appreciated slightly by about 0.7 percent this week.
Gold Prices React to Manufacturing in China and Europe
Gold prices contracted slightly this week , to the lowest price since January, primarily due to reports of weaker manufacturing data from China and Germany. The HSBC Flash Purchasing Managers' Index indicated that China’s manufacturing has contracted for a fifth consecutive month.
Opportunities for Gold Investing in West Africa
Business Insider reported an interview with investment strategist Mark Lackey on the potential for gold mining in West Africa.
Funding in Process for First Commercial Gold Mine in Liberia
Mining Weekly reported that Liberia's first commercial gold mine is being financed by South African banks.
Cost Efficiency Key to Success in Seabed Gold Mining
Reuters reported that a trend towards seabed mining has explorers paying close attention to costs despite lucrative potential.
Gold Price Lower on Weak China Growth
Gold prices weakened earlier this week as a result of China reducing growth estimates to an eight-year low of 7.5 percent. On a relative basis, the current price of gold represents a 1.2 percent total decline from last week.
Gold Mining Challenges
Gold miners may be set for another year of strong earnings but with them, there will be challenges.
