Tuesday, August 28, 2012

Big, undeveloped gold deposits boosting junior share prices: Gold Mineweb Daily News - August, 28, 2012 -

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TOP STORIES | Tuesday , 28 Aug 2012                                                     

Big, undeveloped gold deposits boosting junior share prices

The share prices of junior miners with big gold deposits moved upwards with remarkable consistency in August as investors began to reconsider at the sector.    Tuesday , 28 Aug 2012

Gold holds near 4-month highs ahead of central bank meeting

So far in August, gold has gained 3.1%, putting it on course for its third successive monthly increase and the largest percentage rise in one month since January.    Tuesday , 28 Aug 2012

Charts, oil and love trade all point to further upside for gold - Holmes

The sharp upwards move by gold last week is anticipated by many in the market to be just the beginning of the next upwards move by the yellow metal.    Tuesday , 28 Aug 2012

South Africa's gold sector also hit with wage hike demands

The wage hike demands signal discontent has also spread to the country's gold sector after a wave of labour strife and violence recently claimed the lives of 44 people at a platinum mine run by Lonmin.    Monday , 27 Aug 2012

Fear the financial system and invest in gold and silver - Sprott

Eric Sprott says it's time for people to take matters into their own hands and push further and further into precious metals equities as well as physical gold and silver. Gold Report interview.    Tuesday , 28 Aug 2012

Nautilus Minerals seeks partner for PNG undersea project

The Toronto-based company is in talks with potential partners to sell a stake in the Solwara 1 undersea project off the coast of Papua New Guinea.    Tuesday , 28 Aug 2012

Landowner dispute leads Newcrest to suspend Lihir gold output

The dispute stems from negotiations over benefits paid to landowners near the mine site, located 900 km across the Bismarck Sea from Port Moresby, in Papua New Guinea.    Tuesday , 28 Aug 2012

South Africa's DRDGold trebles full-year earnings

The gold miner more than trebled its full-year earnings on Tuesday, as it benefitted from an overhaul of its business focusing it on gold reclamation.    Tuesday , 28 Aug 2012

Coeur d'Alene suspends underground work at Mexico mine

Work in the underground portion of the Palmarejo mine has been suspended following the death of a worker who fell while performing maintenance work.    Monday , 27 Aug 2012

Western Mining to buy Inter-Citic for C$250 million

China's Western Mining has agreed to pay C$250 million in cash for gold explorer Inter-Citic Minerals and the deal expected to close in the fourth quarter of the year.    Monday , 27 Aug 2012
 

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