Search Results
Barrick Gold and Xstrata in Gold-Copper Mine Property Sales Case in Chile
The case of property purchase gold and copper mine in Chile by Barrick Gold Corp. will drag Xstrata Plc. Barrick Gold an agreement on January 7 which agreed to promote the new Goldcorp Gold $ 463 million to let him buy a 70 percent stake in the El Morro property from Xstrata Plc. Goldcorp also [...]
Mining Trade Review : Gold, Copper and Nickel Improve as US Dollar Eases Against Euro
Gold mirrored crude oil’s movement and also got close to Monday’s levels, standing just short of US$1,120/oz on Saturday after slipping below US$1,100/oz during the week amid stronger US dollar.
The US dollar was under pressure on Monday and Tuesday following last week’s move by the Federal Reserve, which hiked the discount rate by 25 basis [...]
Newmont Mining Gold Producer Reports Earnings Exceed Estimates
Newmont Mining Corp. is one of the largest gold producers in the world. The company reported profits until the fourth quarter sharp jump in excess of Wall Street estimates, the company’s revenue doubled on record prices for precious metals.
Gold production generated by Newmont rose 10 percent on the year and estimated gold production in 2010 [...]
Canada Stocks Rise for Seventh Day on Gold Companies Profits
Canadian stocks rose for a seventh day, the longest rally in 11 months, as three of the country’s four largest gold producers by market value beat earnings estimates.
Barrick Gold Corp., the world’s biggest producer of the metal, gained 3.3 percent after announcing it will spin off its African operations. Kinross Gold Corp., the country’s third- [...]
US Gold Ends Above $1,090/Oz on Currency Volatility
U.S. gold futures ended above $1,090 an ounce on Thursday as investors turned to the metal as a hedge against currency market volatility after news that European governments agreed in principle to support heavily indebted Greece.
GOLD
- COMEX April GCJ0 settles up $18.40, or 1.7 percent, at $1,094.70 an ounce.
- Range $1,072.90 to $1,098.40.
- April rises [...]
China to Invest Billions Dollars in Canadian Mining Company
One of the Asian economic superpower, China secretly increase investment in Canadian mining company. China investments through the purchase of Canadian mining company shares. China Investment Corp. already has a gold mining company shares Canadian Kinross Gold Corp. (K-T17.87-0 .68-3, 67%) and Potash Corp. of Saskatchewan, (POT T109.34-1-.71-1, 54%).
Report Mining Production and Sales Price of Mining Group Xstrata Plc
One of the largest mining company in the world, Xstrata reported a variety of mining production is managed by the company and the price of each ingredient mines during the year 2008-2009. Reported mine production comes from the various mining exploration undertaken by the company.
Gold Mining Exploration Company Laguna Resource Signed Requirements To Obtain Cachitos Gold Mine Project
Laguna Resources, exploration and development company gold mine, has signed a requirement to obtain a gold mine project Cachitos. Cachitos gold mine located in the southern sector Maricunga World Class Gold Belt, Northern Chile. Chachitos mine is a center of Laguna Resources mining company. The acquisition of a gold mine project is a program Cachitos [...]
Delta Signs Agreement to Acquire Delcer Buttes Gold-Copper Property in Nevada
Delta Mining and Exploration Corp. is pleased to announce that it has signed a binding agreement with Amigo Inc. and Mr. Garry Carlson for the acquisition of a 100% interest in the Delcer Buttes gold-copper property in Elko County, Nevada.
Basic Terms of the Agreement
Delta will own a 100% undivided interest by issuing seven million common [...]
