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Mining news: GOLDKlondex Mines reject SilverCorp’s hostile bidTORONTO (Reuters) - Canadian gold exploration company Klondex Mines Ltd said on Tuesday its board has recommended that its shareholders reject the unsolicited takeover bid from Silvercorp Metals Inc . Earlier this month, Canada’s Silvercorp Metals Research and Markets: A Strategic Review of the South African Gold Mining IndustryDUBLIN– (BUSINESS WIRE) — Research and Markets (http://www.researchandmarkets.com/research/9ce3ca/a_strategic_review) has announced the addition of ’s new report ” to their offering. This research service titled South African Gold Mining Industry Gold price may reach $1,200 by 2011, executive saysThe price of the precious metal may rise as the global recession and political instability in some parts of the world sustain its appeal as a haven investment, said Feng, who was speaking at a conference in Shanghai Friday. Gold for immediate delivery Gold price may reach US$1,200 by 2011: execan ounce in two years, Feng Zhijian, honorary chairman of the Chinese Gold & Silver Exchange Society, said Friday. The price of the precious metal may rise as the global recession and political instability in some parts of the world sustain its appeal HAR - Harmony Gold Mining Company Limited - Fatality at Harmony`s Phakisa mineHarmony Gold Mining Company Limited Registration number 1950/038232/06 Incorporated in the Republic of South Africa ISIN: Teck to erase more debt thanks to C$1,74bn Chinese investmentin one of Canada’s biggest resources companies, producing metallurgical coal, copper, zinc, gold and with interests in oil sands assets. China is consolidating its fragmented steel industry and is expected to be a key buyer of the company’s hard coking Gabriel fails to reinstate Romania reviewGabriel Resources Ltd, a Canadian gold-mining company, failed to convince a Romanian appeals court to lift a suspension of a review of its Rosia Montana gold project, sending the company?s shares down 26%. The Environmental Impact Assessment, needed HARMONY GOLD MINING CO LTD - Statement re Fatality at Harmony’s Phakisa mineHARMONY Press Release Fatality at Harmony’s Phakisa mine Johannesburg. Friday, 3 July 2009. Harmony Gold Mining Company Limited (Harmony) regretfully announces that a fatality occurred at its Phakisa mine in the Free State this morning. An autopsy will HAR: HAR - Harmony Gold Mining Company Limited - Fatality at Harmony’s Phakisa mineHAR - Harmony Gold Mining Company Limited - Fatality at Harmony’s Phakisa mine Harmony Gold Mining Company Limited Registration number 1950/038232/06 Incorporated in the Republic of South Africa ISIN: ZAE000015228 JSE share code: HAR (’Harmony’ or ‘the New Zimbabwe mining law will lead to re-evaluation of all mining contractsZimbabwe will re-evaluate all mining contracts and introduce a ‘use it or lose it’ policy for its mining industry under a proposed law, Finance Minister Tendai Biti told Reuters on Friday. The vetting of mining contracts by Zimbabwe’s unity government of REG-Harmony Gold Mining: Statement re Fatality at Harmony s Phakisa mineHARMONY Press Release Fatality at Harmony’s Phakisa mine Johannesburg. Friday, 3 July 2009. Harmony Gold Mining Company Limited (Harmony) regretfully announces that a fatality occurred at its Phakisa mine in the Free State this morning. An autopsy will Juniors unhappy with newly released codes of good practice for the mining sectorThe South African Mining Development Association (Samda) states that it finds the recently released Codes of Good Practice for the South African Minerals Industry ?alarming?, noting that it is likely to have a negative impact on the development of Crew Gold Corporation: Sale of Nalunaq Assets- Crew Gold Corporation (’Crew’ or ‘the Company’) (TSX: CRU) (OSLO: CRU) today announced:- The company announces that it has sold all the assets, infrastructure, inventories and goodwill at the Nalunaq gold mine from Angus & Ross plc (’A&R’) for a total Indian monsoon late - more bad news for the local gold marketThe Indian gold market has been very sluggish so far this year as high prices and straitened economic times have taken their toll. Figures from the World Gold Council (compiled by GFMS Ltd) showed that in the first quarter of the year scrap supplies were Globe says Carrigan keen on Barrick GoldThis item is part of Stockwatch’s value added news feed and is only available to Stockwatch subscribers. Gold prices flat, local demand remains slackIndia?s gold market is in a lean season as fewer weddings take place during monsoons Gold Price Slumps After Failing to Break HigherSlumps After Failing to Break Higher :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website The Market Oracle Custom Search Best of the Week FREE of the Week 1.- Michael_J_Kosares 2.- Darryl_R_Schoon 3. - Dr_Ron_Paul 4.- Canadian Zinc says Vatukoula gol…Canadian Zinc Corp. said Tuesday that Vatukoula Gold Mines plc, in which it holds a 20 per cent stake, has reported an increase in gold production for its quarter ended May 31. The company said as a result of an increase in underground mine production FerrAus names former BHP exec as new CEOFerrAus Ltd has named former BHP Billiton Ltd executive Mike Amundsen as its new managing director and chief executive. Mr Amundsen took up his new role this week, as FerrAus took full ownership of the Silver Swan North nickel and gold joint venture Azteca Gold Corp.: Two Mile Project UpdateMatthew Russell, President of Azteca Gold Corp. (the ‘Company’) (TSX-V:AZG - News) wishes to announce that due to the Canadian and American holidays this week, the Company has decided to issue the upcoming press release outlining the latest assays and |
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