South African gold producers are expected to report lower quarterly earnings with production knocked across the board as output-disrupting safety stoppages continue to sting, a Reuters poll of 7 analysts showed.
Once tinted by drug cartels and civil war, Colombia is now one of Latin America’s fastest growing markets and, according to the World Bank, the most secure country in the region in which to do business. Since yesterday, the country also has a new national mining agency, which is already looking for foreign investments to expand existing production and explore areas where rich deposits of key resources are suspected.
Gold mining in Colombia is shining bright as major gold players are expected to invest U.S. $ 2,100 million by 2015, reports local newspaper La Republica.

Gossan Resources Limited's Technical Advisor, Dr. Zuliani, will be delivering a paper entitled, "Developments in the Zuliani Process for Gossan Resources’ Magnesium Project" at the 69th Annual World Magnesium Conference on May 22th in San Francisco. The conference, sponsored by the International Magnesium Association (IMA), focuses on current developments throughout all aspects of the magnesium industry. View Press Release