Lithium Corporation to start lithium mining exploration projects in Nevada Lake Valley. Lithium Corporation is a company responsible for exploration activities and development of lithium mines Lake Valley. The Company continues to search for lithium mine in Nevada. Read More….
Kinross Gold, mining companies-Driven in Toronto, reported profits obtained from exploration and production of gold fell. Lowering profits for financing the expansion of higher gold mine. Expansion gold mines done because of the increase in gold prices.
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Wesdome Gold Mine plans to improve the performance of gold production in 2009. The company hopes to achieve gold production of 90,000 ounces of gold. In August, Wesdome has produced 80,000 ounces of gold reached the gold. Read More…
Gold prices rose sharply for six weeks, gold prices reached 10 percent. But gold mining shares declined. Analysts expect investors still doubt the gold price increase can last long, so the investors take a step to wait until the price of gold reached the highest prices and stable.
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Shares of gold and silver mining companies rose on Thursday as the price of the precious metals rallied, with gold hovering close to the psychological barrier of $1,000 per ounce.
Analysts said that flight-to-quality buying has supported gold this week, as the metal is used as a safe haven in times of economic and geopolitical uncertainties.
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Largest gold mining companies in Africa, Harmony Gold Mining companies to report earnings during the period of four quarter fall of 13 percent per share. Companies consider the dividend payment this year. Harmony Gold Mining’s acquisition plan and invest in new projects that can help the growth of the company.
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Copper prices were lower Monday as the metal was in less demand as an investment as the US dollar strengthened.
At last report, September copper was down 9 cents to $2.30 per pound in New York trade, while three-month copper was $185 lower to $5,050 per tonne in afternoon trade on the London Metal Exchange. Read More…
Company developer and exploration of gold-mine in North America, Dutch Gold Resource reports has signed Letter of Intent with one exploration companies of gold-mine to exploration of gold-mine.
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The world’s biggest gold miner, Barrick Gold, on Monday poured the first gold at its new Buzwagi mine, in Tanzania.
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For centuries, Europeans stripped Ghana of its gold deposits to such an extent that in colonial times it was known as the Gold Coast.
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