GOLD

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Outotec Books More Orders for Petropavlovsk Gold Project

Outotec signed two contracts worth a combined $47 million for detail engineering and delivery of gold pressure oxidation technology with the Russian Petropavlovsk Group of Companies as the group develops a gold mine in the Amur region of Russia's Far East.

Kazakhstan to Build a Third Gold Refinery

Kazakhstan Pres. Nazarbayev
Kazakhstan plans to begin construction of a third gold refinery next year to process an expected increase in volumes of the precious metal, the country's Industry Ministry said on Monday.
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Lindsey Vonn Goes to the Homecoming Dance

Parker McDonald, a 16-year-old Nordic skier, asked Lindsey Vonn, an American Olympic gold medalist for alpine ski racing, to the Vail Ski and Snowboard Academy's homecoming dance Friday night and she said, Yes!
Gold Pellets

Gold Falls on Thin Volume, Follows Risky Assets

Gold fell on Friday in one of the quietest trading day, as the metal tracked riskier assets on fresh worries about the euro zone bailout fund and a mildly encouraging U.S. nonfarm payrolls report.
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PNG Gold Mulls Buying New Guinea Gold

PNG Gold Corp. said Friday it is considering an all-stock deal to buy New Guinea Gold Corp., with which it has signed a letter of intent regarding merger discussions.
Late Chinese leader Mao Zedong is seen on a 100 yuan banknote in this photo illustration taken in Beijing

Luxury London Homes Best Bargain for Chinese Buyers

Chinese luxury home buyers are leading a legion of cash-rich non-UK investors in search of upmarket London homes, with demand driven by currency exchange rates that produce discounts of up to a quarter on purchase prices, research shows.
Gold bullion from American Precious Metals Exchange

Gold Prices Hover Near 6-Week Highs, Await Greek Vote

Gold prices hovered Friday near six-week highs as the Greek prime minister awaited a no-confidence vote sparked by his sudden proposal for -- and just as sudden withdrawal of -- a referendum on accepting bailout money.
Mineworkers

Chinese firms abusing Zambian miners: rights group

Chinese mining companies in Zambia, Africa's biggest copper producer, are routinely flouting laws designed to protect workers' safety and the right to organise, Human Rights Watch (HRW) said on Thursday.
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Freeport's Grasberg Mine Operating at 5% - Govt Official

Freeport-McMoRan Copper & Gold Inc.'s massive Grasberg mine in Indonesia is producing copper, gold and silver ore at 5 percent of its full capacity, a senior official at the energy and mineral resources ministry said on Thursday.
Yauricocha Mine

Gold Prices Pop 2% on Draghi, Papandreou Surprises

Gold prices surged two percent Thursday after a surprise interest rate cut by the European Central Bank and Greece's prime minister abruptly dropping a widely denounced plan for a referendum on accepting bailout money.
Historic Toburn Mill, Kirkland Lake, Ontario

Historic Canadian Gold Mining Town Reviving

With a gleam in his eyes, Sidney Hamden recalls the glory days of Kirkland Lake, the little Canadian mining town in northern Ontario that was long ago dubbed The Mile of Gold.
Alentejo, southern Portugal

Colt Resources to Invest $53M or More in Portgual

Canada's Colt Resources Inc will invest at least 53 million euros ($73 million) in two gold prospecting concessions in Portugal's southern Alentejo region, and the company said on Thursday it considers the country as strategic to its growth.

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