Tuesday, August 21, 2012

Gold mineweb Daily News for August 21, 2012: Franco-Nevada, Inmet Mining enter into $1bn precious metals stream deal

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TOP STORIES | Tuesday , 21 Aug 2012                                                     

Franco-Nevada, Inmet Mining enter into $1bn precious metals stream deal

A record $1 billion precious metals stream deal, which is linked to copper production at the Cobre Panama copper-gold-silver-moly project, will help Inmet Mining avoid further equity dilution.    Tuesday , 21 Aug 2012

Gold prices climb; platinum holds near 2-month high

Gold prices rose on Monday as the dollar hit its lowest in nearly two weeks against the euro and stock markets rallied, while platinum held near 2-month highs as unrest at Marikana simmered.    Tuesday , 21 Aug 2012

Silicosis lawsuit filed against South Africa's gold miners

Lawyer Charles Abrahams filed the first papers on Tuesday against AngloGold Ashanti, Gold Fields and Harmony, in a preliminary step to determine whether the court recognizes the case as a class action.    Tuesday , 21 Aug 2012

There's lots of gold in Nevada - why look abroad for gold investments?

Investors do not need to travel the world to make money in gold mining stocks. Nevada has world-class geology, infrastructure and a mine-friendly legal system. Gold Report interview with David Sidders*    Tuesday , 21 Aug 2012

Silver's posture turns bullish as it hits 2 month high

Stocks and commodities also traded higher, while US, UK and German government bond prices fell and gold rose in dollars but a strong euro meant the yellow metal failed to make headway in that currency.    Tuesday , 21 Aug 2012

Mongolia's new mining minister is long-time resource nationalism advocate

A lawmaker--who pushed to renegotiate the 2009 Oyu Tolgoi agreement to increase the government's ownership stake to 50% in the copper-gold mega-project --is Mongolia's new mining minister.    Tuesday , 21 Aug 2012

Fear not fundamentals driving platinum's recent rise - analysts

Analysts maintain there is a fear premium attached to the current platinum price short term; longer term the industry has some difficult decisions to make.    Tuesday , 21 Aug 2012

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Syndicated Commences New Copper-Gold Exploration Program at Mt Isa Projects

OceanaGold Announces Signing of Corporate Refinancing Facility

Initial Drill Holes Confirm High-Sulfidation Epithermal Mineralized System at Pedregal Target on Los Andes Property

Village Announces Report for Quarter Ended 30 June 2012

End of Offer Period in Relation to the Takeover Bid for Norton Gold Fields Limited

Gold Resource Corporation to Offer Eligible Employees Opportunity to Receive New Stock Options

Tim Netscher to Join the Bullabulling Board as a Non-Executive Director

Marengo Acquires PNG Port Area for Yandera Project

Talisman Reports Further Drilling Commences at Springfield Project

Mundoro Receives Support from Leading Independent Proxy Adviser ISS for Management's Board Nominees

Eurasian Minerals Completes Merger with Bullion Monarch

Melkior Completes 990 Metre Drill Program on Launay Gold Project in Quebec

Gold Silver Values Returned From New York Canyon Sampling

Columbus Gold Waives Right Over Karapinar Project & Considers Termination of Demirtepe Project Option

Empire Options Bursa Licenses in Turkey to First Quantum Minerals

Enamco Intends to Acquire 30% of Sunridge's Asmara Project in Eritrea

Prodigy Expands Magino Gold Resource by Over 55%

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