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1 days ago
New Gold has had to suspend its Cerro San Pedro mine in Mexico following a court ruling over its 2006 EIS
1 days ago
The Wall Street Journal has said that billionaire fund manager John Paulson, who is said to hold $3.5 billion in the SPDR Gold Trust is starting a new gold fund, begfnning January 1st.
1 days ago
Canadian junior, Nevsun has spent $93 million of the planned $250 million to bring its Bisha gold mine in Eritrea on stream by late next year.
1 days ago
Following a successful scoping study, Mnera IRL is pushing ahead with an infill drilling program at its Ollachea gold project in Peru

Calgarians trade gold for cash

More Calgarians are trading in their old jewelry, hoping to cash in on the sky rocketing price of gold. Exchange merchants say business has been brisk ever since the precious metal topped $1000 USD per ounce. Don Carlson of Albern Coins says over theread more »

Pahang: Cyanide use in gold-mining safe

KUANTAN: The Pahang government has given an assurance that the use of cyanide in gold-mining activities at Bukit Koman, Raub, is not hazardous. State Local Government, Environ­ment and Health Committee chairman Datuk Hoh Khai Mun said that sufficientread more »

Punish Newmont Now, EPA Told

Nature Aid Ghana, a non- governmental organisation (NGO) poised to promote environmental protection, has called on the Environmental Protection Agency (EPA) to urgently come out with the necessary sanctions against Newmont Ghana Gold Limited (NGGL), forread more »

Gold ekes out small gain, other metals hold steady

NEW YORK -- Gold prices finished higher for a sixth straight day Friday, rising even as the dollar strengthened. The December contract added $4.90 to settle at $1,146.80 an ounce on the New York Mercantile Exchange. For the week, prices gained 2.7read more »

Dollar and commodities trades under threat
Trades betting on higher commodities and equities and a weak dollar may see a quick and sharp reversal if a renewed rise in oil prices fans inflation concerns and prompts early exit from ultra-easy monetary policy. read more »
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