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GOLD

SA gold miners hit by price, led by Gold Fields

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Gold Fields, the world's fourth-largest bullion producer, led its peers sharply lower on Monday as the precious metal's spot price fell to four-and-a-half month lows. Gold Fields lost more than 5% at one point and at 14:15 GMT was 4.89% lower at...

By: Reuters

14th May 2012

PRECIOUS METALS

Gold drops to 4-1/2-month low on eurozone worries

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Gold prices fell to a four-and-a-half-month low on Monday, hit by concerns about a worsening debt crisis in the euro zone following political deadlock in Greece which fuelled risk aversion and put pressure on the euro. Spot gold hit a session low...

By: Reuters

14th May 2012

SILVER

Silver Wheaton Q1 profit improves by 20%

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Royalties and streaming firm Silver Wheaton on Monday posted a 20% year-on-year increase in first-quarter net earnings to $147.2-million, or 42c a share, driven by increased demand from mines with which the company has off-take agreements. The...

By: Henry Lazenby

14th May 2012

GOLD

Goldplat hikes resource at Kenya mine

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Aim-listed Goldplat has added another 118 173 oz at its Kilimapesa gold mine, in Kenya, hiking its resource to 247 484 oz. The Kilimapesa Joint Reserves Committee- (Jorc-) Compliant ore resource increased to 3.13-million tons at 2.46 g/t of gold...

By: Natasha Odendaal

14th May 2012

GOLD

Iamgold profit falls on lower gold production

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Iamgold Corp's net earnings from continuing operations fell 11%, as gold production for the quarter fell and mining costs increased. January-March net earnings from continuing operations attributable to equity shareholders fell to $119.2-million,...

By: Reuters

14th May 2012

GOLD

Russia's Polymetal sells gold deposit stake to Polygon

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MOSCOW, May 14 (Reuters) - Russian miner Polymetal has sold a stake in its non-core gold deposit Veduga to Polygon Gold, a company founded by gold mining executive Leonard Homeniuk, the company said in a statement on Monday. Polymetal said the...

By: Reuters

14th May 2012

PEOPLE

Ivanhoe appoints new chairperson, reappoints director

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TSX-listed Ivanhoe Mines on Friday appointed Dr David Klingner as new chairperson of the board following Rio Tinto’s taking control of the board.

By: Henry Lazenby

11th May 2012

GOLD

Gold to lose more glitter in 2012, says Natixis

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With many metals having erased their 2012 gains this month, French bank Natixis failed to paint a much rosier outlook for the rest of the year in its latest quarterly review, calling for gold to average $1 540/oz. Copper, often used to gauge the...

By: Matthew Hill

11th May 2012

Topics in these articles

City	Company	Country	Industry Term
Johannesburg London New York Toronto Vancouver Moscow	AngloGold Ashanti Commerzbank Reuters Silver Wheaton Iamgold Corp Toronto Stock Exchange Polygon Gold Polymetal Energy Resources Australia Ivanhoe Rio Tinto JP Morgan Natixis	Greece China United States Kenya South Africa Mongolia	Bullion Producer Precious Metal Plant Site Gold Mining Bank
Continent	Currency	Person	Natural Feature
Europe	USD Cent	Daniel Briesemann Randy Smallwood Demetri Manolis Leonard Homeniuk David Klingner Kay Priestly Livia Mahler Robert Friedland Mark Cutifani	Kilimapesa Hill
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