African Barrick shares rise on higher output, improved grades
April 24, 2014 by goldguru · Leave a Comment
The miner’s shares rose as much as 7% on Thursday after reporting a higher-than-expected 18% jump in first-quarter production.
Kenmare generators to be in place H2
April 24, 2014 by goldguru · Leave a Comment
Titanium and zircon miner Kenmare, with operations in Mozambique, reports that a new diesel generator system will be installed H2 to mitigate the problems with grid power supply fluctuations.
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Illegal mining booms below South Africa’s city of gold
April 24, 2014 by goldguru · Leave a Comment
The government estimates there are 6,000 illegal miners underground and 8,000 on the surface, equivalent to about 10% of the number of legal employees.
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Zimbabwe boosts search for new mineral reserves
April 24, 2014 by goldguru · Leave a Comment
Zimbabwe is equipping state-owned Mining Promotion Corp. to drive the search for new mineral reserves together with external partners.
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Anglo American copper, iron ore rise but strike hits platinum
April 24, 2014 by goldguru · Leave a Comment
Equivalent refined platinum output fell 39%, largely due to the prolonged strike affecting some of its South African operations.
New Egypt law could see claim against Centamin dismissed
April 24, 2014 by goldguru · Leave a Comment
Egypt-focused Centamin says a new law, which came into effect on Wednesday, could result in a legal case against it being dismissed.
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Motion Metrics Launches PortaMetrics at ISEE
April 24, 2014 by goldguru · Leave a Comment
The Motion Metrics team has recently returned from ISEE’s 40th Annual Conference on Explosives and Blasting Technique in Denver, Colorado. The company unveiled its highly anticipated product, PortaMetrics™, at the conference.
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Motion Metrics Brochure on Advanced Monitoring Solutions
April 24, 2014 by goldguru · Leave a Comment
Download the free brochure for more information on ShovelMetrics, BeltMetrics and MetricsManager monitoring tools.
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IHC Merwede Secures Order for Trailing Suction Hopper Dredger from TNPA
April 24, 2014 by goldguru · Leave a Comment
IHC Merwede has been awarded a contract for the design, construction and delivery of a 5,500m³ trailing suction hopper dredger (TSHD) to Transnet National Ports Authority (TNPA) in South Africa.
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Governments suppress gold to try to conceal inflation, Grant Williams tells KWN
April 23, 2014 by goldguru · Leave a Comment
GATA
10:50p ET Wednesday, April 23, 2014
Dear Friend of GATA and Gold:
Gold price suppression is crucial to Western governments that are creating vast amounts of money in the name of rescuing their economies, Singapore gold fund manager Grant Williams tells King World News. It’s a matter of concealing inflation, he says. An excerpt from the interview is posted at the KWN blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/23_We…
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
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