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| 3 Dec 2008 | Gold | ► | Gold ends at two-week low as dollar strengthens Gold futures fell Wednesday to close at their lowest level in nearly two weeks, as the U.S. dollar rose against its major rivals, reducing the metal's appeal as an alternative investment.... more ► |
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| Oceana Gold mothballs Philippines mine New Zealand's biggest gold miner is mothballing its huge gold-copper mining site at Didipio in the northern Philippines province of Nueva Vizcaya... more ► |
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| Failed bidding for gold, copper site A government bidding for a potential gold and copper mine site on Mount Diwalwal in southern Philippines failed on Wednesday when no investor turned in an offer, a senior state official said... more ► |
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| 2 Dec 2008 | Gold rises as falling dollar increases appeal Gold futures rose Tuesday, after losing the most in nearly nine months in the previous session, as a weakening U.S. dollar raised the metal's appeal as an alternative investment.... more ► |
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| Morgan Stanley quietly builds its stake in OZ Minerals INVESTMENT bank Morgan Stanley has emerged with a key stake in OZ Minerals amid increasing speculation about the future of the struggling miner... more ► |
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| Rio Tinto JV Oyu Tolgoi copper project cuts 40% of staff Oyu Tolgoi, copper-gold joint venture between Canada's Ivanhoe Mines Ltd. (IVN.T) and Rio Tinto Ltd. (RTP) in Mongolia, has cut about 250 jobs, representing around 40% of its staff because of the... more ► |
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| Fresnillo plans US$4.54 per share cash offer for MAG Silver Silver producer Fresnillo PLC said it informed MAG Silver Corp it plans to make a US$4.54 per share cash offer for the remaining shares it does not already own in the group... more ► |
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| BBA says India's Nov gold imports at 35-40 tones Bombay Bullion Association on Tuesday said India’s gold imports for November estimated at 35-40 metric tons, down by 54 tons from same period last year... more ► |
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| Silver Standard Resources Inc.: San Luis gold resources increase by 31% Silver Standard Resources Inc. (Toronto:SSO.TO)(NasdaqGM:SSRI) -... more ► |
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| 1 Dec 2008 | Gold and other metal futures end sharply lower Gold futures finished sharply lower Monday, pressured by tumbling oil prices and firmness in the U.S. dollar, as other metals also posted steep losses.... more ► |
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| Zambo Norte copper-zinc mine starts operations A multi-million dollar mining company that shifted its operations in the hills of Siocon, Zamboanga del del Norte from gold-silver mining to copper and zinc expects to ship out its first copper... more ► |
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| Petaquilla Minerals: Wet commissioning of Molejon initiated Richard Fifer, President and CEO of Petaquilla Minerals Ltd. (the 'Company') (TSX: PTQ) (OTCBB: PTQMF) (FRANKFURT: P7Z), today announced that the wet commissioning of the gold production facility at... more ► |
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| CANADIAN MINING PERSPECTIVES: Debt reduction begins at Teck Teck Cominco of Vancouver has announced the first steps of its debt reduction plans by suspending the 2009 dividend on its Class A common shares and Class B subordinate voting shares. The move is... more ► |
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| Focus Minerals Ltd 69% increase in probable gold ore reserves at Tindals Mining Centre to 128,700 ounces Australian gold producer, Focus Minerals Ltd (ASX:FML), is pleased to announce a significant upgrade to gold reserves at the Tindal’s Mining Centre, located at Coolgardie, Western Australia... more ► |
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| Platinum slides 7 pct, Japan auto data hurts Platinum tumbled 7 percent in Europe on Monday as weak Japanese auto sales data further emphasised poor demand from carmakers, while gold came under pressure from a firmer dollar and falling oil... more ► |
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| Further robust copper intercepts at Kanmantoo Hillgrove Resources Limited (ASX:HGO) has now completed its resource definition drill program at the company's flagship Kanmantoo Copper/Gold Project, which has intersected further coppergold... more ► |
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| Medusa Mining discovers high grade vein at the Co-O mine, Philippines Medusa Mining Ltd said it has discovered a new high grade vein at the Co-O Gold Mine in the Philippines. The Great Hamish Vein is currently interpreted to be between 600 to 650 metres long and open... more ► |
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| 28 Nov 2008 | Zijin Mining plans to invest RMB1 bln in equity of listed miners Zijin Mining Group Co., Ltd (601899.SH) announced Friday a plan to use one billion yuan to invest in equities of listed mining companies at home and abroad... more ► |
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| 27 Nov 2008 | Solomon Gold signs deal with Newmont Mining over copper projects Solomon Gold PLC said it has signed principal terms of a planned deal with Newmont Mining Corp unit Newmont Ventures Ltd in respect of Solomon Gold’s copper gold exploration projects on the island... more ► |
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| 26 Nov 2008 | Gold dips as rising dollar damps demand Gold futures fell Wednesday, slipping for a second session from their highest level in nearly five weeks, as a strengthening dollar reduced the metal's appeal as an investment alternative.... more ► |
