Thursday
,
03 Jul 2008
Newcrest Mining announced Thursday it has completed its 4-million-plus ounce gold hedgebook closeout this year as originally planned.
Wednesday
,
02 Jul 2008
The NUM said it would hold a series of protests in South Africa's nine provinces, starting on July 9 to July 23, culminating in the national strike by its members.
Wednesday
,
02 Jul 2008
The Ghanaian mining sector, dominated by gold operations, is facing a 100 percent increase in the cost of power which it is reported as saying will put jobs on the line.
Tuesday
,
01 Jul 2008
The ECB has announced it has completed its sales of gold during the current sales agreement year, but overall it has sold 20% more metal this year than last.
Monday
,
30 Jun 2008
The World Gold Council says it expects Austria to continue selling small amounts of gold over the remainder of the second Central Bank Gold Agreement.
Monday
,
30 Jun 2008
Gold Fields CEO Nick Holland expects the gold price to rise to $1,200 by June 2009, but says production costs are also rising fast.
Monday
,
30 Jun 2008
Peruvian miners are set to shut down the county's mining industry and blockade roads to bring pressure on the government to approve a law eliminating limits on profit sharing.
Saturday
,
28 Jun 2008
With the oil price at record highs and a weak dollr, gold ventured back to the $930 mark before easing a little before the weekend. $935.30 seen as upward chart resistance point.
Friday
,
27 Jun 2008
In a two-day tender, China National Gold outbid Zijin Mining, Shandong Gold Mining and Zhaojin Mining Industry Co. for exploration rights for what is believed to be China's largest gold deposit
Thursday
,
26 Jun 2008
Gold Fields was ordered to stop mining at the Kloof mine by the Department of Minerals and Energy after two miners were killed shortly after the mine achieved 1 million fatality free shifts.
Tuesday
,
24 Jun 2008
Gold Fields says its Damang operations have not been “materially affected” by the presence of thousands of illegal miners on a remote lease area of this mine.
Friday
,
20 Jun 2008
Through its decision to buy Hecla’s Venezuelan assets, Rusoro Mining hopes to mine 220,000 ounces of gold this year from its Venezuelan operations.
Thursday
,
19 Jun 2008
Following the Kyrgyz court decision to suspend some of Centerra’s Kumtor gold mine licenses, a further pending decision on the company’s main licenses could cause it to have to cease mining the high grade deposit altogether.
Thursday
,
19 Jun 2008
Great Basin Gold announced today that its mineral resource at the company’s Hollister project on the Carlin Trend in Nevada has been upgraded and expanded by underground drilling to rise by 60%.
Wednesday
,
18 Jun 2008
In the long running Crystallex saga, the company has said it will launch another appeal to attempt to reverse the denial of mining rights for its Las Cristinas deposit in Venezuela.
Wednesday
,
18 Jun 2008
With oil costs reaching potentially unsustainable levels, the gold market has to be prepared for a reaction to a possible puncturing of the oil price bubble.
Wednesday
,
18 Jun 2008
In an internal political clash, a Kyrgyz court has stripped Centerra of its licenses to develop the big Kumtor gold deposit. The government, which is supportive of Centerra, will appeal the court decision.
Tuesday
,
17 Jun 2008
Chaarat Gold Holdings has announced the results of a scoping study by independent consultants, Behre Dolbear, which is the next step towards bringing this Kyrgyz gold project to production.
Wednesday
,
11 Jun 2008
The elimination of a power line in favor of diesel and wind power cogeneration may make one of North America’s largest gold mining projects, Alaska’s Donlin Creek, more financially feasible.
Tuesday
,
10 Jun 2008
Great Basin Gold says its Hollister project's low energy dependency means the company will not see a dramatic rise in costs, but instead achieve higher margins at its project in Nevada. CEO Ferdi Dippenaar feels it is interesting times for M&A activity.
Tuesday
,
10 Jun 2008
The possibility of a US interest rate increase added some strength back into the dollar and gold fell back, but perhaps still not enough to stimulate purchases by Eastern jewellery manufacturers.
