Sunday, August 14, 2016

Austrian Mint’s Vienna Philharmonic 20 Ounce Gold Coin celebrates a 20 Year Success Story

October 30, 2009 by · Leave a Comment 

Twenty years ago in 1989 the Austrian State Mint passed from the Treasury into the ownership of the central bank. The mint was given the freedom to produce and sell products in accordance with the demands of the modern numismatic and investment markets. One of the very first innovations introduced by the new CEO, Paul [...]

Gindalbie receives final regulatory approval for Karara iron-ore development

October 30, 2009 by · Leave a Comment 

ASX-listed iron-ore producer Gindalbie Metals has received its final environmental approval for the development of its Karara iron-ore project, in Western Australia. The decision by the Federal Government’s Department of Environment, which followed the announcement of state environmental approval on September 9, represented the final regulatory approval required for on-site construction and development work at [...]

Record gold production announced by Medusa Mining

October 29, 2009 by · Leave a Comment 

Australian firm Medusa Mining has announced record quarterly gold production for the three months to September. The company – which operates solely in the Philippines – reported gold output of 18,054 ounces at its main Co-O mine for the quarter, compared with production of 16,009 ounces in the previous three months.The news feeds on this [...]

New Western Australian gold mine due by Christmas

October 29, 2009 by · Leave a Comment 

A mining conference in Queensland was told Thursday that Australia’s next new gold mine should be operating before the end of this year. Read more….

Chinese visit signals thaw in relations with Australia

October 29, 2009 by · Leave a Comment 

The mood was boosted by a glowing editorial in one of China’s most popular newspapers Read more….

Buy Gold Bullion

October 28, 2009 by · Leave a Comment 

When strictly short-term investors buy gold bullion, many of them prefer the affordability of bullion bars, because their utter simplicity warrants the lowest possible investment- grade gold price. Short-term investors generally purchase one- ounce, and/or ten-ounce bars, whose prices usually hover slightly above the current gold spot price, which is the cost of one Troy-ounce [...]

Riversdale, Tata approve $270m Mozambique coal mine

October 28, 2009 by · Leave a Comment 

Australian coal-miner Riversdale Mining and joint-venture partner Tata Steel have approved the development of the first phase of the Benga coal project, in the Tete province of Mozambique. The partners have committed $270-million, excluding working capital, to undertake the stage one development of the project, which would produce an initial 1,7-million tons a year of [...]

Australian companies team up to develop lithium project

October 27, 2009 by · Leave a Comment 

ASX-listed Reed Resources had signed an agreement with fellow listed Mineral Resources to develop the Mount Marion lithium project, in Western Australia, the company announced on Tuesday. Under the terms of the agreement, Mineral Resources would deliver an operations-start notice by the end of June 2010, with operations starting by the end of December that [...]

Uranium explorer now on Kalgoorlie’s golden doorstep

October 27, 2009 by · Leave a Comment 

Atom Energy one of the explorers launched at the height of the uranium boom two years ago will now embark on an exploration programme on licences immediately north of Kalgoorlie in Western Australia. Read more….

Perseus to raise A$58,5m for Ghana gold project

October 26, 2009 by · Leave a Comment 

ASX-listed gold explorer Perseus Mining has initiated a A$58,5-milion capital raising, which would underpin the development of its flagship Ayanfuri gold project, in Ghana. The raising would comprise two components, a placement of 15,6-million shares at A$1,50 a share to institutional investors in Australia, Asia and Europe, to raise A$23,4-million and a placement of 23,4-million [...]

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