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GOLD 1150.60 $/ozChange: 9.51
PLATINUM 1446.50 $/ozChange: 7.00
R/$ exchange 7.61Change: -0.08
R/€ exchange 11.31Change: -0.09
 
 
 
Gold
 
GOLD

IMF may start gold sales in Q1 – VM

0 COMMENTS
Unless another central bank steps in to buy what remains of the gold earmarked for sale by International Monetary Fund (IMF), the fund will likely begin on-market gold sales in the first quarter of 2010, suggests VM Group analyst Matthew Turner....
By: Creamer Media Reporter
20th November 2009
 
 
GOLD

Newmont hits commercial production at new Australian mine

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Colorado-based Newmont Mining has achieved commercial production at its new Boddington mine, in Australia. The mine, which is expected to operate for more than 24 years, will be the largest gold producer in the country.
By: Liezel Hill
20th November 2009
 
 
GOLD

Central Rand Gold’s BEE partner to appeal court ruling

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Black-empowered Puno Gold Investments has again brought an application against junior gold-miner Central Rand Gold (CRG), this week, applying for leave to appeal the South Gauteng High Court’s earlier decision to dismiss Puno’s interdict with...
By: Chanel Pringle
20th November 2009
 
 
MARINE MINING

De Beers, AngloGold JV targets New Zealand offshore

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A joint venture between De Beers and AngloGold Ashanti expects to start its first underwater drilling for gold in the second quarter of next year, the general manager of De Beers Marine said on Friday. De Beers Marine provides the technical...
By: Reuters
20th November 2009
 
 
PEOPLE

Gold Fields’ Australia VP Baldwin to step down

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Glenn Baldwin, the executive vice-president (VP) and head of gold-miner Gold Fields’ Australia region, would resign as of December 31, 2009. Baldwin would join Australia’s Consolidated Minerals as COO in February next year.
By: Creamer Media Reporter
20th November 2009
 
 
GOLD

Gold eases on firm dollar, investment demand supports

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Gold eased on Friday as the dollar's rise prompted investors to book profits after prices hit record highs above $1 150 earlier in the week, but bullion's appeal as an alternative asset kept support firm. At current market levels, gold was set...
By: Reuters
20th November 2009
 
 
GOLD

Pacific Rim says arbitration tribunal formed for El Salvador case

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An arbitration case brought by Pacific Rim Mining against the government of El Salvador will move ahead, as the arbitration tribunal has now been constituted, the company reported on Thursday. Pacific Rim embarked on arbitration proceedings...
By: Liezel Hill
20th November 2009
 
 
GOLD

NovaGold may consider restarting Rock Creek in 2010

0 COMMENTS
Vancouver-based NovaGold Resources could restart operations and complete commissioning at its Rock Creek mine, in Alaska, next year, corporate development vice-president Greg Johnson said on Thursday. The company began commissioning Rock Creek...
By: Liezel Hill
20th November 2009
 
 
 
 
 
 
 
Gold Multimedia
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