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| 15 Aug 2008 | Silver | ► | Fortuna Silver Mines to acquire Continuum Resources and 100% of San Jose project, Mexico Fortuna Silver Mines Inc. and Continuum Resources Ltd. are pleased to announce that an agreement has been reached whereby Fortuna will acquire all of the issued and outstanding securities of... more ► |
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| Precious Metals | ► | Gold futures drop $17 as traders eye dollar, oil Gold futures closed with a loss of $17 an ounce Thursday, surrendering the prior session's strong gain and then some, as traders continued to watch movements in the oil and currency markets in vain... more ► |
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| Platinum | ► | Russia's Norilsk Nickel now stretches from Arctic to South Africa, US to Australia In July 2007, a Canada-domiciled mining company was acquired by a Russian group for $5,2-billion. That company was LionOre, and it had assets in Southern Africa – an 85% share in Tati Nickel, in... more ► |
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| Silver | ► | Get a Deep Insight into the Aluminium extrusion industry in China Dundee Corp., a Toronto-based merchant banker and investment company, says it has acquired majority control of Odyssey Resources Ltd., a Toronto junior developing projects in Morroco and Turkey... more ► |
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| 6 Aug 2008 | Platinum | ► | Lonmin cuts 2008 platinum forecast Lonmin Plc., which earlier Wednesday rejected an unsolicited 33 pounds per share offer from mining group Xstrata PLC, cut its forecast for platinum production Wednesday and said it now sees 2008... more ► |
| Anglo American says platinum a growth metal Strong demand for platinum, used in car manufacturing, was leading to a supply shortfall, Anglo American Plc's exploration head for Africa and Asia-Pacific Ian Willis said on Wednesday... more ► |
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| Platinum hits lowest since Jan, dollar pressures commodities Platinum hit its lowest level since January on falling demand from automakers and as several commodities across the board fell, which dampened sentiment... more ► |
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| Gold | ► | Gold seen ruling weak in the short term Last week, gold dropped below $900 an ounce before recovering on Friday by about $30 as US data showed rising unemployment. Still before close, it shed some of its gains to close at $913.90 an ounce... more ► |
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| Precious Metals | ► | Gold futures lose nearly $40 in four sessions Gold futures closed lower Wednesday to tally a four-session loss of almost $40 an ounce as weaker oil prices and strength in the U.S. dollar against other major currencies dulled investment demand... more ► |
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| 31 Jul 2008 | Gold futures rise after U.S. dollar falls vs. rivals Gold futures rose Thursday after a batch of data rekindled concerns about the health of the U.S. economy and the dollar fell against other major currencies, boosting demand for the precious... more ► |
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| Russia's Norilsk H1 nickel output up, palladium down Russian miner Norilsk Nickel boosted nickel and copper output in the first half of 2008 after reconstructing a smelter and acquiring overseas assets, but production of platinum group metals declined... more ► |
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| Gold | ► | Alaska copper project pre-feasibility underway-Anglo American A pre-feasibility study at the Pebble copper project in Alaska is underway, with assessment of all options expected during 2009, the project's joint venture partner Anglo American PLC (AAUK) said... more ► |
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| Randgold profits double in first half Africa-focused gold miner Randgold Resources Plc said profit roughly doubled in the first half from a year ago, as higher production and strong gold prices countered a weakening dollar and rising... more ► |
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| Silver | ► | China to cancel export rebates on some zinc and silver products China will cancel the export rebates on unwrought zinc and silver with a purity higher than 99.99 pct, the State Administration of Taxation said... more ► |
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| 30 Jul 2008 | Precious Metals | ► | Gold recovers some losses, but still ends $13 lower Metal rises back above $900; dollar remains key as traders gauge next move... more ► |
| Xstrata announced 198% increases in platinum production Xstrata has announced that platinum volumes have increased by 198 per cent in the six months ended June 30th 2008... more ► |
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| Gold | ► | Serabi's Palito Mine Q2 output 5,754 ounces gold equivalent vs Q1 4,985 Serabi Mining Plc. said its overall production for the second quarter at the Palito Mine rose to 5,754 ounces gold equivalent compared with 4,985 ounces of gold equivalent in the first quarter... more ► |
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| Kazakhmys Q2 copper output down, repeats FY target Kazakh copper producer Kazakhmys saw a recovery in second quarter copper cathode production after weather problems in the previous quarter, but output was still down 1.4 percent year-on-year... more ► |
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| 29 Jul 2008 | Precious Metals | ► | Gold ends at one-month low as dollar strengthens Gold futures fell $11 an ounce Tuesday to close at their lowest level in more than one month, as easing oil prices and a stronger U.S. dollar left traders inclined to sell the precious metal... more ► |
| Gold | ► | Inmet: 08 copper output to miss target due to shipping delays Canada-based Inmet Mining Corp. (IMN.T) expects to produce 93,100 metric tons of copper in 2008, down 10.5% from its original target because of the current delay in direct ore shipping at the Las... more ► |
