September 26, 2012

Citi raises forecasts for gold, silver platinum prices, warns of SA strike’s impact on platinum

Citigroup has increased its end-of-year price forecasts for gold, silver and platinum by 2%, 5% and 1.5%, respectively.

September 26, 2012

Gold Fields appoints new Ghana country manager

Gold Fields Limited announced the appointment of Ghanaian businessman Pierre Charles Coussey as new country manager for the company's operations in Ghana (Gold Fields Ghana Limited and Abosso Goldfields Limited).

September 26, 2012

Gold Fields secures second interdict, considers firing striking workers

Gold Fields spokesman Sven Lunsche said the company is considering firing its striking workers.

September 26, 2012

BC to lead mining jobs creation in Canada: report

British Columbia, Canada's most western province, will employ over 16,700 mining professionals in the next 10 years according to a report released Wednesday by the Mining Industry Human Resources Council…

September 26, 2012

Olympus hits higher gold grade at Jugan Hill, Bau, East Malaysia

Olympus Pacific Minerals Inc. (TSX:OYM)(ASX:OYM)(OTCQX:OLYMF)(FRANKFURT:OP6) has drilled a 24.50 meter intersection grading 7.15 g/t gold in drill hole JUDDH68A at its Jugan Hill deposit within the Bau Gold Project in…

September 26, 2012

Castle Minerals – Gold mineralisation identified at Wa South & new prospect identified

Castle Minerals Limited (ASX: CDT) is pleased to announce that RAB drilling at its Wa South prospect in north-west Ghana has confirmed two parallel trending gold zones approximately one kilometre…

September 26, 2012

Calvista announces a significant upgraded mineral resource estimate

The company announced the completion of a new technical report which includes increases to the mineral resource estimates for both the Callejón Blanco and Buenavista prospects.

September 26, 2012

South African strikes far from over: AngloGold Ashanti closed

AngloGold Ashanti (NYSE:AU) was hit by the mining unrest spreading through South Africa again Tuesday night, as strikers halted all of its operations in the country, which account for 32%…

September 26, 2012

Has JP Morgan placed a massive bet on physical gold and silver?

A bullion insider claims JP Morgan is accumulating huge volumes of physical gold and silver despite short positions against the precious metals on paper.

September 26, 2012

Gold Royalties Corporation agrees to acquire NSR royalties on Justin, Hit gold projects

The company has acquired its 10th and 11th royalty assets in Canada, represented by a 2% net smelter return royalty on the Justin gold project and a 2% net smelter…