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Gold Fields says Philippines deal likely

South Africa's Gold Fields Ltd is likely to take an option to acquire a 60% stake in an undeveloped gold-copper deposit in the Philippines before April, its chief executive said on Thursday. The company said in September it had made a non-refundable down payment of $66 million for an option to acquire the stake.

Spongebob Squarepants one ounce silver coins legal tender on South Pacific island

Animation Insider reports SpongeBob SquarePants contributes a hefty amount to Nickelodeon Consumer Product's estimated $5.5 billion in annual, worldwide retail sales. For international coin collectors – or for that one die-hard SpongeBob fan who must have absolutely everything – two companies are partnering with Nickelodeon to manufacture a limited run of four, one-ounce, silver legal tender, based on the cartoon. PFG Precious Metals from Chicago, a wholesale precious metals company, and the New Zealand Mint, a respected minter legal tender for four and a half decades, are now accepting orders for SpongeBob silver.

Scientists investigate whether silver could be used as a treatment for cancer

PhysOrg reports Yorkshire Cancer Research has awarded scientists at the University of Bradford and the University of Leeds over £44,000 to carry out research into whether silver could be used as a treatment for cancer. Drugs containing metals such as platinum and copper have already been proven as effective treatments for cancer, but they cause severe side effects and are very harmful to normal tissues.
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RANKED: World’s top 20 largest gold mines

Mine production saw a modest rise to 3,672 tonnes last year, WGC data shows.