October 31, 2011

Turkish longs expected to sink further

Turkish longs exports, which in mid-October were touching $675/t to $690/t fob, have now sunk to levels of $655-660/t (€463-466/t) fob for rebar and $670/t fob for wire rod (mesh).

October 31, 2011

Harmony Gold Q1 jumps three-fold

HARMONY Gold posted a more than three-fold increase in quarterly earnings on Monday, beating expectations on bullion's record run. The average price in the July-September quarter was up about 13%…

October 31, 2011

Harmony in no hurry on Evander unbundling

HARMONY Gold said on Monday a decision on a proposed separate listing for the companys Evander operations would be made within two years, as it was considering all sorts of…

October 31, 2011

Premier Gold announces completion of $33.4 million bought deal public offering of common shares and flow-through common shares

Premier Gold Mines Limited (TSX:PG) ("Premier" or the "Company") is pleased to announce that it has completed a previously announced bought deal public offering of 2,000,000 common shares (the "Common…

October 31, 2011

Medusa Mining reports incident at Co-O gold mine, operations unaffected

Medusa Mining Ltd (LON:MML, ASX:MML) said an investigation is being conducted at its Co-O gold mine in the Philippines following an accident last week which killed a miner in a…

October 31, 2011

Guyana Frontier reports trenching results from Marudi Mountain gold project

VANCOUVER, Oct. 31, 2011 /CNW/ - Guyana Frontier Mining Corp. ("Guyana Frontier") is pleased to announce the initial results of a trenching program at the Marudi Mountain Gold Project (the…

October 31, 2011

Novel research seeks to locate Scotland’s next gold mine

This University of Leicester picture shows Nyree Hill, PhD Research in the Department of Geology. University of Leicester geologists are applying new scientific prospecting methods. Scotgold Resources has just won…

October 31, 2011

Keystone XL: Green donors have Obama over a barrel

The UK's Telegraph reports two hundred wealthy Democrats were paying $5,000 a head this week to have lunch with Barack Obama – up to $7,500 if they also wanted their…

October 31, 2011

Mintec launches new MineSight Schedule Optimizer version

Tucson-based Mintec officially launched its Version 4.0 of its MineSight Schedule Optimizer (MSSO) mine scheduling software package on October 26. The statement said that chief among the enhancements is MSSO's…

October 31, 2011

Mechel opens new experimental ferronickel production complex

Mechel OAO, one of the leading Russian mining and metals companies, has announced that its Southern Urals Nickel Plant has opened an experimental industrial complex to produce ferronickel. The industrial…