GOLD 1237.24 $/ozChange: 2.49
PLATINUM 1369.00 $/ozChange: 6.00
R/$ exchange 10.94Change: 0.10
R/€ exchange 14.16Change: 0.14
 
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PEOPLE

Barrick Gold appoints Davies lawyer Thomson to help with strategy

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Barrick Gold Corp has appointed well-known Canadian lawyer and long-time Barrick advisor Kevin Thomson to help with its strategy, the latest appointment by executive chairperson John Thornton in a wide-ranging executive overhaul. Thomson, a...
16th September 2014
 
 
GOLD

ABG to rebrand in November following operational sea change

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Bulyanhulu, Tanzania Tanzania-focused gold producer African Barrick Gold (ABG) will rebrand in November, saying its restructuring efforts over the past year under new CEO Brad Gordon had given it renewed confidence in its assets to break the association with parent...
16th September 2014
 
 
PLATINUM

Mining legend Friedland makes case for platinum at gold forum

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Billionaire mining legend Robert Friedland on Monday made the case for platinum at the Denver Gold Forum, saying that while he was a known gold bear, platinum was the only precious metal that had disruptive medium-term demand dynamics in the...
15th September 2014
 
 
CSR RESPONSIBILITY

Mining firms urged to improve stakeholder strategies or risk delays and disruption

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Mining companies must do more to assess and emphasise the benefits of corporate social responsibility (CSR), delegates at the Canada-South Africa Chamber of Business risk mitigation and CSR seminar were told last week. Greater efforts are needed...
15th September 2014
 
 
BOARD CHANGES

Kirkland Lake proposes changes to its board of directors

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TSX- and Aim-listed Kirkland Lake Gold, an operating and exploration gold company with operations in Ontario, Canada, on Monday announced proposed changes to the company's board of directors. Barry Cooper, Jeffrey Parr and Barry Olson would be...
15th September 2014
 
 
GOLD

AngloGold shares pop up as equity raising ditched, Colombian unlocking mooted

0 COMMENTS
AngloGold CEO Srinivasan Venkatakrishnan The shares of gold major AngloGold Ashanti rose more than 5% in less than an hour on Monday after the company announced the withdrawal of its five-day-old proposal to demerge 35% of its international assets and raise $2.1-billion in equity capital...
15th September 2014
 
 
GOLD

More high-grade drilling results at Perseus’ Edikan gold mine

0 COMMENTS
ASX- and TSX-listed Perseus Mining on Monday reported “encouraging” assay results from recent infill drilling on the Mampong deposit at its Edikan gold mine, in Ghana, West Africa. The assay results represented the initial drilling results from a...
15th September 2014
 
 
GOLD

Alecto welcomes Centamin’s Wayu Boda funding commitment

0 COMMENTS
Aim-listed mineral exploration company Alecto Minerals has received assurances from gold miner Centamin that it would continue to fulfill the $1.8-million initial expenditure commitment for the parties’ joint venture (JV) Wayu Boda exploration...
15th September 2014
 
 
GOLD

Shareholders agree to B2Gold/Papillon merger

0 COMMENTS
The shareholders of Canada’s B2Gold Corporation have agreed to a A$670-million merger agreement with ASX-listed Papillon Resources. Papillon’s own shareholders have also come out in favour of the merger, with 99.5% of the voting shareholders...
15th September 2014
 
 
COPPER

Mongolia says resolves Rio Tinto copper mine tax dispute

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A tax dispute that threatened to delay the giant Oyu Tolgoi copper mine being developed in Mongolia by Rio Tinto has been resolved, a government official said on Monday. The $6.5-billion Oyu Tolgoi project will produce more than 300 000 tonnes...
15th September 2014
 
 
NYSE IPO

Fertiliser producer Israel Chemicals files for U.S. listing

0 COMMENTS
Israel Chemicals (ICL), a Tel Aviv-based maker of fertiliser and specialty chemicals, filed with US regulators to list on the New York Stock Exchange. ICL set a nominal fundraising target of about $522.4-million though an initial public offering...
12th September 2014
 
 
NOTES OFFERING

Capstone cancels proposed $300m senior notes offering

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Pinto Valley, Arizona Canadian base metals miner Capstone Mining on Friday said, owing to adverse general market conditions, it had pulled the plug on its proposed offering of $300-million senior notes due in 2022. Capstone president and CEO Darren Pylot pointed out...
12th September 2014
 
 
 
 
 
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