October 15, 2012

Vietnam may buy more gold to boost supply

As the November 25 deadline for credit institutions to stop gold mobilization approaches, Vietnam is considering to import more gold to boost supply and reduce price gap between domestic and…

October 15, 2012

Canadian gold miner Petaquilla rejects Inmet’s $112 million bid

Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, a $112-million takeover bid for the company by Inmet Mining Corp. (TSX:IMN), which operates a gold mine adjacent to Petaquilla’s…

October 15, 2012

Argonaut Gold makes friendly $341-million deal to acquire Prodigy Gold

Argonaut shares drop 6.87%

October 15, 2012

More than half of mining execs think industry is on its way up

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in…

October 15, 2012

Qatar sees Glencore/Xstrata merger positively

Qatar's sovereign investment fund, the second largest shareholder in Xstrata PLC (LON:XTA) with 12% of equity, confirmed Monday it is looking positively at the company's planned merger with Glencore International…

October 15, 2012

Death of miner in Ghana triggers firm response from Beijing

The death of a Chinese gold miner in Ghana as well as the arrest of over 90 of his compatriots and colleagues has triggered a strong response from Beijing.

October 15, 2012

Golden Tag drills 100-meter step-out hole intersecting 63 g/t silver over 241 meters with 0.7% lead and 1.5% zinc (143 g/t AgEQ(i)) at San Diego project, Mexico

100-meter step-out hole intersecting 63 g/t silver over 241 meters with 0.7% lead and 1.5% zinc at San Diego project, Mexico

October 15, 2012

72 Gold Fields miners arrested in South Africa

South African police have arrested 72 miners from the Gold Field's (NYSE:GFI) KDC Kloof mine following violent clashes at a protest near Johannesburg.

October 15, 2012

Rio Novo Gold provides exploration update on its Toldafria gold project

Veinlet mineralization running from 0.3 g/t to 0.7 g/t Au, with internal higher grade veins assaying from 5.0 g/t Au to 36 g/t Au in some areas.

October 14, 2012

Macmahon expects gold to shore up company outlook

The CEO of Australia's Macmahon Holdings (ASX:MAH) expects gold to continue performing well despite the weak outlook for the mining sector in general.