Romarco Minerals Inc. has reported that it has acquired more land near to the Halle Gold Mine in South Carolina. The Ridgeway Mine, Haile Gold Mine, Brewer Mine (former producing gold mines) and Buzzard are situated along a SW-NE gold trend known as the Slate Belt of the Carolinas. Diane Garrett, President and CEO commented: [...]
Russia’s largest gold producer, Polyus Gold, declared that its gold output declined 14.4%, in January-June 2009, year-on-year, to 14.9 metric tons. Polyus Gold attributed its reduced output to the decrease in the gold content of ores at its deposits. For full story, click here
Gold Fields, the world’s fourth-leading gold producer, declared two workers were killed after a tunnel in an underground shaft caved in, trapping five miners. For full story, click here
Gold Fields, the world’s fourth-largest gold producer, declared that it had sold for $282 million its 19.9 percent stake in Sino Gold Mining Ltd. to Canada’s Eldorado Gold Corp. For full story, click here
JSE-listed gold and uranium producer Simmer & Jack produced 48 298 oz, or 1 502 kg of gold in the fourth quarter, compared with 51 879 oz, or 1 614 kg reported in the third quarter. For full story, click here
Newcrest Mining Ltd., Australia’s leading gold producer, surged 2.4 percent to A$33.74, the highest since March 20. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News Gold is a safety mechanism and it is also an anti-inflation mechanism - so you get two for the price of one. “Some people will claim there’s no value to it (gold) but so what, it does what it’s supposed to do,” according to Joseph Saluzzi, co-head [...]
Overview Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). Mindoro is focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro has NI 43-101 resource estimates on its Agata [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold, despite losing some of its appeal as a safe-haven asset amid sentiment the worst of the financial crisis may be over, is holding its ground on expectations of long-term inflation once the economy reheats. But how long will it last, is the moot question. Analysts aver [...]
Barrick Gold Corp., the world’s leading gold producer, declared that its first-quarter net income slipped 28 percent, citing lower realized prices and higher costs compared with the prior-year period. For full story, click here
Tuesday, September 29, 2009