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Mine Development by Barrick Gold Temporarily Halt, Waiting Analysis Environments Results
Barrick Gold Corp.’s expansion of a Nevada mine must be halted until the federal government completes an environmental analysis to comply with an appeals court order, American Indian tribes said today.
An appeals court in San Francisco on Dec. 4 ordered U.S. District Judge Larry Hicks in Reno, Nevada, to limit production from the mine pending [...]
Takara Resources Acquires Gold Mining Project Owned Victoria Gold
Victoria Gold approve acquisition offer by Takara Resources for gold mining project in Guyana, South America. Gold mining project is managed by a subsidiary of Victoria Gold, StrataGold Guyana Inc. To get the gold mining project Takara Resources to Guyana for 21.8m shares to Victoria Gold.
Acquisition of 21.8m shares representing approximately 56% of Takara’s capital [...]
Troy Resources Lost Up 2.23 million at Andorinhas Gold Mine, Brazil
Perth-based junior Troy Resources has lost up to $2.23 million worth of gold in a robbery at its Andorinhas mine in Brazil, the company announced yesterday.
According to Troy, a group of armed robbers took three employees hostage on the road leaving the mine before returning to the Andorinhas site where approximately 2,000 ounces of gold [...]
Brazil Invests Multi-Billion Dollar for Natural Resources in Africa
Brazil, South America’s largest economy, is riding the growing tide of investment in Africa.
In fact, it is boldly poised to edge out other newly emerging economies such as hina and India with multi-billion dollar investments in natural resources. In Africa, once remote regions of Mozambique are reportedly turning into boomtowns, bustling with migrant workers and [...]
Andes Gold Announced Found Gold High Concentrations in New Roman Mine
President of the Andes Gold Corporation gave a statement about the discovery of high concentrations of gold in New Roman Mine. It is estimated that gold production could reach 15% higher than initial estimate. Exploration activities continue to run, so far has resulted in 9 grams per tonne gold and every day is the expansion [...]
Lincoln Gold Mining Sign LoI With ADGIS Acquire Gold Mine Deposit, California
Lincoln Gold U.S. Corp., a subsidiary of Lincoln Mining Corp. has signed a Letter of Intent with ADGIS. Letter of Intent regarding acquisition of mining assets in the Imperial County, California. Mining assets include Cruz Oro gold mine. Payment of royalties from gold mining exploration worth U.S. $ 50,000 per year and will increase to [...]
Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent
Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]
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 [...]
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
