Kumtor Mine production woes slam Centerra Gold 1Q financials

Wednesday , 16 May 2012 Centerra Gold's production plummeted during the first quarter, sending total cash costs soaring to $985 per ounce.

Is the resource boom over? A resounding No!

Wednesday , 16 May 2012 Speaking at the New York Hard Assets Investment Conference this week, respected analyst Adrian Day gave the reasons for his belief that the recent resource boom is still far from over.

Extorre looks to high-grade open pits to fund Cerro Moro development

Wednesday , 16 May 2012 Extorre Gold Mines looks for ways to minimize dilution as it advances its Cerro Moro project in Argentina closer to possible financing.

Anglo American approves capex to 2014

Wednesday , 16 May 2012 The London-based mining group plans to increase output by more than 50% by end 2014 as it bets demand for the commodities it produces will be buoyed by Asian economic expansion.

Shareholders ask questions of AMSA CEO's pay hike

Wednesday , 16 May 2012 Shareholders raised concerns at ArcelorMittal South Africa's AGM Wednesday particularly as to the remuneration paid to CEO, Nonkululeko Nyembezi-Heita

Canaco shares plummet on maiden million ounce gold resource

Wednesday , 16 May 2012 It seems some investors were expecting more from Canaco than a million ounce resource with open-pit indicated and inferred grades @ 1.48 g/t gold and 1.36 g/t Au respectively.

After making great strides in 2011, BC mining is ‘forging ahead'-PwC report

Wednesday , 16 May 2012 While British Columbia has a lot of reasons to be optimistic about mining, there is no room for complacency, says the leader of PwC's BC Regional Mining Practice.

Investors favour dollar over gold even as Goldman Sachs sees rally

Wednesday , 16 May 2012 While Goldman Sachs predicts record gold prices in the next 12 months, investors are reducing their gold holdings for a third month and choosing the dollar as a haven from Europe's debt crisis.

BHP Billiton expects commodity markets to cool further

Wednesday , 16 May 2012 The world's biggest miner says it sees commodity markets cooling further and reckons investors have lost confidence in the longer-term health of the global economy.

Paulson keeps gold ETF exposure in Q1

Wednesday , 16 May 2012 Hedge fund manager John Paulson held on to his ETF bullion holdings in the first quarter of this year, gaining from an early surge in gold prices before the market tanked.

Great Basin Gold steps in to rescue BEE deal

Wednesday , 16 May 2012 While Great Basin Gold has had a tough road to walk over the last few months, CEO Ferdi Dippenaar believes worst is behind them and is looking forward to more consistency

Silver Wheaton reports record quarterly revenues of nearly $200 million

Tuesday , 15 May 2012 Silver Wheaton CEO Randy Smallwood suggests challenging times for junior and mid-tier mining companies could be beneficial for the company's expanding portfolio.

Yesterday's Top Story: We are at a major bottom in gold and gold shares - Bob Moriarty

Tuesday , 15 May 2012 Bob Moriaty provides a contrarian's guide to volatile markets and the reasons why he is looking at junior miners now.

Trevali smoothes out production horizon with mine, mill acquisition

Tuesday , 15 May 2012 Trevali Mining solves a milling dilemma with the acquisition of its own mill in New Brunswick.

Junior company hoping to extend Kalgoorlie's Golden Mile

Tuesday , 15 May 2012 The heartland for gold mining in Australia - Kalgoorlie's Golden Mile - will have the southern extension revisited after decades on inaction.

Cameco to buy German/U.S. nuclear fuel broker Nukem Energy

Tuesday , 15 May 2012 The proposed acquisition of Nukem Energy Group is expected to have a positive impact on Cameco's cash flow earnings starting in 2013.

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Gold miners will need prices at $3,000 in 5 years - WGC

Tuesday , 15 May 2012 World Gold Council CEO, Aram Shishmanian, says miners currently need a gold price of $1,300 to survive, but reckons if the trend continues in the next five years, it will need to be at least $3,000 for them to stay in business.

Freeport-McMoRan concerned by Indonesia mine violence

Tuesday , 15 May 2012 CEO Richard Adkerson says the violence around its vast Grasberg mine is concerning but is confident the firm can resolve issues with the Jakarta government over moves to limit foreign miners' operations and profits.

Baja CEO quits as funding crunch intensifies

Monday , 14 May 2012 Longtime President and CEO of Baja, John Greenslade, quits as the clock ticks for Baja to source more funding to finish its Boleo copper project in Mexico.

Up to 8 bidders eyeing Ivanhoe Australia gold/copper mine stakes

Tuesday , 15 May 2012 Two sources with knowledge of the matter say second-round bids are due later this month, with preliminary interest seen from Anglo American, OZ Minerals, Vedanta Group and Aditya Birla Group.

South African mines minister plays down tax worries

Tuesday , 15 May 2012 Speaking on the sidelines of a diamond conference in Vicenza, Italy, Susan Shabangu said it was too early to discuss details of the tax proposal but added it will keep the country's vital mining industry competitive.

A shift in Indian gold buying patterns?

Tuesday , 15 May 2012 Gold exchange traded funds are close to the $2 billion mark for the first time in India, marking a shift in the buying patterns of Indian consumers.

Company Releases

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2012-05-20 RES - Broken Hill 2012 - Civic Centre, Broken Hill, Australia
2012-06-20 Earth's Resources Conference 2012 - JW Marriott Hotel, Hong Kong
2012-09-09 Denver Gold Forum 2012 - Hyatt Regency, Denver, CO, USA
2012-09-21 2012 Chicago Hard Assets Investment Conference and Exhibition - McCormick Place Convention Center/McCormick Place Hyatt
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