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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China


Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]

Nigeria Develops New Legal and Regulation for Mining Exploration and Industry


Nigeria has developed a new legal and regulatory framework for mining, in addition to carrying out a number of institutional reforms, the country’s Minister of Mines and Steel, Deziani Allison-Madueke, said here Friday.

Nigeria Expand and Develop Mineral Mine Exploration Make Regulation for Mining Exploration


Federal Government has identified seven minerals for national development, inister of Mines and Steel Development, Chief Sarafa Isola, said in Abuja yesterday.
He told the News Agency of Nigeria (NAN) that the minerals were Gold, Lead/Zinc, Barite, Bitumen, Limestone, Coal and Iron Ore. Isola said that Nigeria was well-endowed with myriad of solid minerals, but that [...]

CGA Mining Limited Launch Into Australian Securities Exchange and Toronto Stock Exchange


QUARTERLY HIGHLIGHTS

New Spektra drilling rig arrived on site at the Segilola Project in Nigeria, the most advanced gold project in the country and a 10,000m drilling program has commenced

Feasibility Study underway and progressing well for the Mkushi Copper Project in Zambia
Masbate construction is ahead of schedule by 4 weeks
Mining Alliance Agreement with Leighton Contractors (Philippines) [...]

Gold futures rise, set to break a two-session losing streak


Gold futures climbed Friday, ready to recoup about half of the nearly $9 an ounce they lost over the prior two trading sessions and log a gain for the week.
Growing concerns over terrorist activity and strength in oil prices boosted the metal’s appeal as an investment hedge, eclipsing mixed trading in the U.S. dollar.
“The combination [...]

TSX puts in flat close following 2 strong sessions;NY closed for July 4 holiday


The Toronto stock market put in a flat performance Wednesday as investors stepped back after two sessions of strong, triple digit gains, lacking direction from south of the border with U.S. markets closed for the Independence Day holiday.
“New York, certainly to us, is the most relevant market because a lot of Canadian money managers, when [...]

Uranium Funds Points to Near-Term U3O8 Price Decline


Nuclear Market Review [NMR] editor Treva Klingbiel reported in this week’s issue, “Two sellers that were evaluating bids in response to their auctions have concluded their evaluations and have decided not to sell at this time.” She added, “Both sellers preferred to make delivery in June while most bidders were seeking delivery for several months [...]

Ghanaians express fear over oil discovery


FEARS HAVE been expressed by some Ghanaians that the discovery of oil in Ghana might be a resource curse rather than a blessing, citing the example of Nigeria and the poor state of Tarkwa and Obuasi after several years of gold mining gold.
A cross-section of Ghanaians the Business Chronicle spoke to expressed the fear because [...]

Power Supply the Key to Investment in Ghana


LAST month’s business seminar in Johannesburg, hosted by the government of Ghana to coincide with the country’s 50th anniversary of independence, provided South African companies with an opportunity to learn first-hand about trade and investment prospects that extend beyond mining and exploration.
The seminar was attended by senior Ghanaian government officials and prominent business leaders such [...]