Drilling Resumes at White Tiger's Lamaque Project
White Tiger Gold Ltd. said its mining contractor CMAC has restarted operations at the company's Lamaque project in Quebec and that it planned to bring in drilling contractors to explore the property.
Centamin Egypt's 3Q Profit Triples on Higher Gold Prices
Centamin Egypt Ltd. posted quarterly net profit almost three times the year-ago level, boosted by higher gold prices, and said it was on track to hit its revised 2011 gold production target.
JP Morgan Gets Seat on Shanghai Gold Exchange
The China unit of investment bank JP Morgan has won approval to become a trading member of the Shanghai Gold Exchange, the eighth foreign financial institute to obtain such membership, said the exchange on its Web stie (www.sge.com.cn).
Harmony Gold's Quarterly Earnings Soar Three-fold
Harmony Gold, South Africa's third-largest gold producer, posted a more than three-fold increase in quarterly earnings on Monday, beating expectations as bullion's record run and a weaker rand combined to lift its profits.
SpongeBob SquarePants Silver Coins to be Sold in Sets of Four
SpongeBob SquarePants and his friends have teamed up with Nickelodeon, PFG Precious Metals and New Zealand Mint to strike 100,00 pure silver coins, each featuring the likeness of one of the most popular Bikini Beach characters.
Argentex Mining Not Affected by Tax Repatriation Rule - CEO
Vancouver-based Argentex Mining Corp. said Friday that Argentina's new decree tax repatriation law will not affect the company in the near term.
Peru Aims to Broker Union-Newmont Mining Talks
Peru's government will broker talks on Friday between townspeople and U.S.-based miner Newmont in a bid to solve a conflict over the planned $4.8 billion Minas Conga gold mine, officials said.
GDP Growth: A Closer Look at How the U.S. Economy Did in Q3
A look past the upbeat headlines from this week's third-quarter gross domestic product report points to a more tentative diagnosis of the U.S. economy than initial responses indicated.
India Gold Futures Easing Month High
India gold futures eased a tad from its highest level in more than a month on global cues and a firm rupee at home, though physical buyers held back from placing
new orders after the sudden spike in prices in the previous session, dealers said.
Andean American Gold Seeks Buyers for Some Assets
Andean American Gold Corp., a Toronto-based gold and copper miner, said it was looking to sell or enter into partnerships for some of its properties.
Union Says Talks with Freeport on Indonesian Mine Strike Frozen
Pay talks between Freeport-McMoRan Copper & Gold and a union representing striking workers at its Indonesia mine are deadlocked after a week of negotiations, the union said on Friday.
Newmont Mining Shares off on 3Q Earnings Decline
Shares of Newmont Mining Corp., the world's second-largest gold miner, fell Friday after its third-quarter profit slipped eight percent on markdowns of two recently acquired companies.
Silver Mining Company Shares Shoot Higher
Shares of silver mining companies on Thursday climbed more than the surging price of the white metal.
Russia's Polymetal Sets Price for London Share Offering
Russian miner Polymetal will price new London-listed shares at the lower end of their indicated range, raising up to 446.2 million pounds ($710 million), as global market turmoil weakens investor sentiment, two sources close to the deal said.
AngloGold Ashanti Now Paying 30% Tax to Tanzania
Africa's biggest gold miner AngloGold Ashanti has started paying 30 percent corporate tax to the Tanzanian government this year for its Geita mine, in line with the east African country's new mining policy.
Goldcorp Shares Rise on Strong 3Q Performance
Canada-based Goldcorp Inc. said its third-quarter soared 88 percent over the year-earlier period on sharply higher prices and increased production.
Barrick Gold's 3Q Profit Jumps 52%
Barrick Gold Corp. said Thursday its third-quarter profit jumped 52 percent as higher prices offset lower production. The world's biggest gold miner also increased its dividend.
Damning by Faint Praise: A Mood-Stabilized Look at 3Q GDP
Fears of a double-dip recession in the U.S. receded temporarily Thursday after Washington said consumers bought more appliances and businesses spent more on construction this past summer.
World's First One Metric Ton Gold Coin
The biggest, heaviest, inherently the most valuable gold bullion coin in the world has been unveiled by The Perth Mint, a spokesman said Wednesday.
Gold Prices Rise to Highest Level in a Month in 4th Daily Gain
Gold prices surged to their highest level in more than a month Wednesday as the precious metal's fourth consecutive daily gain took it to the brink of a decisive upswing.
Road Blockade near Dia Bras Exploration Mine in Peru Lifted
Canada-based gold miner Dia Bras Exploration Inc. has regained access to its Yauricocha property in Peru after a road blockade was cleared, the company said Wednesday.
Gold Price: Rising Out of 'Purgatory'?
Gold, which has just blown past its 100-day moving average price, is set to challenge its 50-day moving average, which is $1,741.17.
Argentine Mineral Extraction Co.s Must Repatriate All Export Revenue
Argentina's oil, gas and mining companies must start repatriating all export revenue, according to an order by President Cristina Fernandez de Kirchner's administration, which is struggling to halt capital flight from the inflation-plagued economy.
Claude Resources to Pay $18.7M for St. Eugene Mining
Precious metals miner Claude Resources increased its offer for the rest of St. Eugene Mining Corp. in a stock deal that now values the smaller gold exploration company at $18.7 million, the Canada-based company said.
Gold Prices Rise for Fourth Straight Day
Gold prices headed for a fourth consecutive daily gain Wednesday as investors returned to the yellow metal for protection from the ongoing risks to the European economy and weakness in the U.S. economy.
Gold Price up 1% in Asia, Highest Level in More Than a Month
Spot gold rose nearly 1 percent on Wednesday to its highest level in more than a month, as safe-haven demand returned on growing doubts over a resolution to the Eurozone debt crisis ahead of a key European Union summit later in the day.
Freeport-McMoRan Declares Force Majeure in Grasberg Strike
Freeport-McMoRan Copper & Gold Inc. has declared force majeure on concentrate sales agreements from its strike-hit Grasberg mine in Indonesia, the Arizona-based firm said on Wednesday.
India's Diwali Festival Means Edible Silver Leaf
It's festival season in India, and that means sweets -- often garnished with edible silver leaf for that final gourmet touch.
Chinese Desire for Gold Spawns Numerous Mini Exchanges
Many small investors in China have turned to gold as high inflation threatens to erode wealth in the world's second-largest economy, leading to small gold exchanges springing up all over the country.
Newmont Mining Faces Opposition to Peruvian Mine
Townspeople in northern Peru are demanding an end to construction of the $4.8 billion Minas Conga gold mine because they fear it will threaten local water supplies, residents said on Tuesday.
