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"
Monday, December 5, 2011
Bloomberg reported that proposed increases to mining tariffs in Ghana could mean Gold Fields (NYSE:GFI) will cancel expansion plans in the country.
Thursday, August 11, 2011
Bloomberg reported that Gold Fields (NYSE:GFI) is enjoying higher profits on increased production and rising gold prices.
Tuesday, July 5, 2011
Platts reported that second quarter production for Gold Fields (NYSE:GFI) should be up 5% from the previous quarter.
Continue reading "South Africa’s Gold Fields June Quarter Gold Output Up 5% from Q1"
Thursday, May 19, 2011
Gold Fields Limited (NYSE:GFI,JSE:GFI) announced that despite a decline in gold production the company managed its expenses well.
Saturday, April 9, 2011
Reuters Africa reported that gold production from Gold Fields (NYSE:GFI) was lower than expected.
Continue reading "Gold Fields Sees Production Down from Previous Quarter"
Monday, December 6, 2010
About 60 percent of Australia’s gold resources are located in Western Australia, with the remainder in all other States and the Northern Territory. According to USGS estimates, Australia hosts approximately 11 percent of the world’s economic gold resources and is ranked second after South Africa.
Continue reading "Western Australia Gold Rush"
Monday, November 29, 2010
Ghana is Africa’s second biggest producer of gold, and hosts more estimated reserves than such prolific gold producing nations as Peru and Papua New Guinea. Last year, production rose more than 12 percent, with output at the country’s two biggest mines increasing.
Continue reading "Gold Mining in Ghana"
Monday, November 15, 2010
Global gold mine production has increased by 3 percent over the third quarter of this year. This top 10 list of gold mining companies showcases the global rise in gold.
Continue reading "Top 10 Gold Producers"
Monday, August 30, 2010
Gold and diamond discoveries played an important part in the growth of the early Republic of South Africa, and historically the country was the world's largest gold producer for many years and continues to possess the world’s largest quantity of gold reserves at 6000 tonnes.
Continue reading "Gold Mining in South Africa"
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Wednesday, December 7, 2011