Tiger Bay Buggy Whips-Safety Flags for Mining Sites
September 27, 2012 by goldguru · Leave a Comment
Tiger Bay Buggy Whips manufactures custom buggy whips, also known as safety flags and safety whips, for the mining industry. With over 20 years of experience manufacturing safety flags, Tiger Bay Buggy Whips produces premium-quality flags that are de…
Lundin Mining opts out of Touro copper project acquisition in Spain
September 27, 2012 by goldguru · Leave a Comment
Canada-based Lundin Mining has scrapped plans to purchase a controlling stake in the Touro copper project in northern Spain.
Read more….
Wilson Mining Products-Raise Climber, Diaphragm Pumps, Air Winches and Slusher Hoists
September 27, 2012 by goldguru · Leave a Comment
Established in 1982 to serve the local mining market Wilson Mining Products now services customers worldwide with quality products for the mining and construction industry. We offer new and reconditi…
Read more….
Brazil Resources acquires Cachoeira gold project from Luna Gold
September 27, 2012 by goldguru · Leave a Comment
Mineral exploration company Brazil Resources (BRI) has acquired a 100% interest in the Cachoeira gold project in Pará, north Brazil.
Read more….
Gecamines plans to treble copper output by 2015
September 27, 2012 by goldguru · Leave a Comment
The state miner plans to invest $631 million to raise annual copper output to 100,000 tonnes by 2015 from the 35,000 tonnes expected this year, its CEO told a mining conference in Zambia on Thursday.
Read more….
Impala Platinum offers workers "pay adjustment"
September 27, 2012 by goldguru · Leave a Comment
World’s second largest platinum producer Implats has offered its workers a pay adjustment against the backdrop of a wave of illegal strikes sweeping South Africa’s mining sector.
Read more….
Gold prices ease as analysts welcome correction
September 27, 2012 by goldguru · Leave a Comment
According to a number of analysts the recent slip in gold prices was a healthy correction and probably, “just what the market needed”.
Read more….
Hedge funds most bullish in 7 months on silver as holdings near record
September 27, 2012 by goldguru · Leave a Comment
Silver rose about 53% in the Fed’s first quantitative easing from December 2008 through March 2010, twice as much as gold, and 24% during the second phase ending in June 2011.
Read more….
China’s Zhongrun buys 42% stake in gold miner Noble
September 27, 2012 by goldguru · Leave a Comment
Noble Mineral plans to use the A$85 million raised to speed up the ramp-up of its Bibiani mine in Ghana to produce 150,000 gold ounces a year, pay down debt and expand its resource base.
Read more….
Gold edges up as U.S. dollar takes on weaker tone
September 27, 2012 by goldguru · Leave a Comment
European shares recovered some ground lost after fierce protests in Spain and Greece against austerity measures on Wednesday, while oil prices firmed and the U.S. dollar took on a slightly weaker tone.
Read more….