June 15, 2012

Mining minister sides with Australian gold company in Moose River land dispute

Nova Scotia's Natural Resources Minister, Charlie Parker, is supporting DDV Gold Ltd., an Australian gold company, over a family run Christmas tree farm that doesn't want its land expropriated and…

June 15, 2012

Dia Bras announces termination of letter of intent to acquire Plexmar

Plexmar announced that the letter of intent dated April 17th, 2012 between Dia Bras and Plexmar has been terminated.

June 15, 2012

Gold traders bullish as ETFs stock up on bullion for the first time in three months

After three months of declines holdings by exchange traded funds rose by just over 21 tonnes or $1 billion since the start of June.

June 15, 2012

GFMS says gold hedging is a peripheral issue. Others not so sure

Moderate net hedging by gold producers is expected for the full year, but GFMS-SocGen stressed that it did not mean a shift in management attitude towards hedging.

June 15, 2012

Kumtor’s freezing Kyrgyzstan’s ceasing

Kyrgyzstan's economy will grow by barely a quarter of the 7.5 percent originally forecast because of the collapse in output from the nation's flagship venture with Canada's Centerra Gold.

June 15, 2012

Sweat of the sun a gift from the magi

A lesson on gold: history, terminology and implications.

June 15, 2012

End of an epoch as Hong Kong exchange takes over 135-year old LME

The three losing bids were all from the US and the deal marks a decisive shift in the commodities trading business away from Chicago and London to Asia.

June 15, 2012

Cortez gold corp: construction underway on gold-silver processing plant

After the company's press release shares, up 12%, traded at 25 times their normal volume.

June 15, 2012

Sirios Resources Inc.: exploration program begins on the Cheechoo gold project, Eleonore Region, James Bay, Quebec

The agreement between the companies allows an exploration program on Golden Valley's Cheechoo and Sharks gold properties. The area has an estimated annual production of 600,000 ounces of gold, over…

June 15, 2012

Chrome ore China tariff threat to South Africa’s platinum producers

A vital revenue stream for platinum miners — chrome ore — may be choked off if ferrochrome producers are successful in lobbying for a protectionist export tariff of $100/ton in…