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An administrator has proposed an eight-year restructuring plan that includes slashing its debts by up to 99%.
Conroy Gold and Natural Resources has developed a mining plan for Clontibret and its chairman/founder is talking of taking on partners to develop it.
The exchange had warned of hefty increases after years of operating as a member-owned market that kept a lid on trading fees.
London Mining warns it does not have sufficient cash to operate its mines without raising more funds.
The move underscores the bank's ambitions to expand into the precious metals sector.
The gold price got close to $1,200 yesterday before recovering a little to the low $1,220s, but the pressure still seems to be downwards with bank analysts predicting it will fall yet further.
Remote monitoring of crushing data from mines and quarries is becoming crucial so, Metso now offers complete fleet management and automation systems, designed for all Lokotrack range mobile applications.
U.S. policy and currency moves are the 'one and only driver' of the gold market at present, says a VTB Capital analyst.
The contract for the construction of a sulphide concentrator, the project's most costly item, has been awarded to Non Ferrous China.
The silver price since the beginning of August has fallen 14%, but purchases into the SLV silver ETF have been extremely strong regardless. What could be behind this apparent dichotomy?
Feasibility studies have been completed and the Abu Dhabi refinery will be operational by the end of 2017.
The 137-year-old exchange set out to build its own clearing house 3 years ago to take over from LCH.Clearnet.
Dealers say more weakness is on the cards as gold presses down towards its June 2013 low at $1,180.
London Mining says the dispute is about a cash prepayment amount which Swiss-based Glencore refuses to pay.
As Russian central bank buys more gold in August, ever-closer trade ties will make them strong players in any future global currency realignment.
Through its newly launched online bullion trading website, the Royal Mint hopes to introduce the bullion coin to a wider audience in the UK and now offers storage.
Prices tumbled to an eight-month low on September 19 after the US Fed Reserve raised its outlook for interest rates.
Gold price suppression, much denied by the mainstream, has been part of U.S. policy ever since the setting up of the London Gold Pool in the 1960s.
Sources close to the matter say some 15 firms have expressed interest in running the new London gold benchmark.
Belgian authorities seized the gems awaiting an auction in Antwerp following a dispute with Amari Holdings over a lost concession.
The silver slump hasn’t deterred ETP buyers, as holdings are up 2.7% this year and this week reached the highest since October.
Demand was boosted by India and China as well as an economic recovery in the United States, says De Beers.
China plans to restrict the import and local sale of heavy-polluting coal types from January next year.
Kinross CEO insists strong relationships with Russian officials at the highest level would protect its gold operations from expropriation.
The $3 billion deal is the single biggest investment in the country since independence in 1980.
Uranium has entered a bull market, amid new sanctions against Russia and a labour strike at the world’s biggest mine in Canada.
Sandvik chose the recent SteinExpo exhibition to unveil the latest version of its Pantera top hammer surface drill rig.
Mark O’Byrne, director at GoldCore in Dublin, says Scottish demand for gold as a protection of wealth has increased so far this month.
The gold miner’s shares have been volatile this year, reacting sharply on the refinancing.
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