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ABG has reiterated 2014 full production guidance upwards of 700,000 gold ounces.
The 5-pound gold nugget was dug up in Northern California this past summer.
The net loss was mainly due to the R1.38bn impairment of the company's Phakisa mine.
The spike in output is largely due to the opening of new mines, including the Kibali mine.
China’s 2014 Gold yearbook states that Chinese gold demand last year came to 2,199 tonnes of which imports were 1,524 tonnes.
Analysts at Societe Generale and GFMS are predicting net hedging for the year of 40 tonnes, the most since 1999.
Nord Gold has again seen increased Y-on-Y gold output from its operations in the FSU and West Africa.
Kinross has agreed to sell its Fruta del Norte project to a company belonging to the Lundin family.
The first opinion poll regarding the Swiss gold referendum suggests the ‘Yes’ campaign has started in the lead.
Latest figures from Russia show that the country’s central bank purchased another 37.33 tonnes of gold in September.
The gold price has been falling but physical gold demand appears, counter-intuitively, to have been rising dramatically over the same period.
In an update on progress at Kibali, Randgold CEO Mark Bristow again warns politicians not to rock the boat.
The appetite for gold among physical buyers in India seems to have increased.
Buenaventura bought former partner Gold Fields' 51% stake in Chucapaca in August.
Kyrgyzstan may seek to delist Centerra in Toronto after a Canadian court effectively suspended its Kyrgyz-held shares.
The gain in the net-long position in New York gold futures and options snapped the longest run of reductions since 2010.
The LBMA and the banks currently running the gold fix will announce their choice for a new operator in November.
BMI analysts say growth will slow significantly in coming years in the face of declining ore grades and waning profitability.
Logistical problems could delay initial gold production from Aureus’ New Liberty - West Africa’s newest developing gold mine.
Patricia Mohr advises that copper will drift lower in 2015, as zinc prices remain steady at “lucrative levels” this year.
The miner plans to reach its target of between 62,000 and 67,000 gold ounces for the year.
If stock markets are heading for freefall, should one invest in gold and silver as a wealth protector. Perhaps not yet!
There's money on the table, but Orbis Gold shareholders may hold out against a $140m cash deal.
Sales during the quarter reached $603 million, up from $527 million in the previous quarter.
South Africa's gold mining sector has been contracting as ore grades decline and shafts plunge to hard-to-reach depths.
Recent research shows that it's those trophy fish - the ten baggers - that push sweet returns in junior exploration investing.
Swiss citizens will soon vote on an initiative that calls on the central bank to hold at least 20% its assets in gold.
The Mint will make a contribution to the conservation of the Cape Mountain Leopard, an endangered species.
Natixis forecasts declines in copper, gold and silver prices along with increases in lead, nickel, platinum, palladium, and zinc prices.
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