Austrian Mint outlines gold coin plans

The Austrian Mint has confirmed plans to launch two new gold coins in 2010. According to news site Silver Coins Today, next February will see the release of the latest addition to the Celebrated Physicians of Austria gold coin series. The news feeds on this site are independently provided by Adfero Limited © and do [...]

Dragflow Introduces New Mining Pump

Dragflow electric pumps line has grown with a new model especially designed for the mining market. The new pump, called EL25S, is an evolution of the well-known model EL25, widely used in the mining industry. It has an empowered engine and a specific impeller in order to be able to handle mixture with a very [...]

‘Very significant’ rerating chance for SA gold miners – Gold Fields

A "very significant" rerating opportunity existed for South African gold producers, Gold Fields CEO Nick Holland said on Thursday. Holland said that the large gap that had existed between the market capitalisations of South African gold-mining stocks and those of far smaller international gold-mining companies had been closed in the past and, with proper management, [...]

Sovereign wealth funds to focus on commodities, emerging markets in 2010

While financial stocks will take a back seat Read more….

PCGS Helps Police Nab Counterfeits Suspect

(Santa Ana, California) – Information provided to Northern California law enforcement authorities by Professional Coin Grading Service led to the arrest of a suspect who is now under investigation in connection with the sales of fraudulently altered Morgan dollars in tampered PCGS holders for nearly $300,000. CLICK TO ENLARGE: These four photographs show a tampered [...]

US Gold Eagles 2009

If you haven’t heard the news already, the U.S. Mint announced earlier this year that they would be curtailing their overall production of US Gold Eagles in 2009 due to problem sourcing gold to mint them from.  The Mint is required to source it’s gold from American mines and because of the huge worldwide demand [...]

Nyrstar sees Zinc recovery, on tracks with cuts

Nyrstar, the world’s biggest zinc producer, said on Wednesday the zinc market was showing recovery signs driven by higher demand in the Chinese, European and US steel industry, and was on track to cut costs. Nyrstar said its zinc market metal production rose 6% in the third quarter to 207 000 tons from the previous [...]

Timing in the gold market is key – Steve Palmer

Steve Palmer, president and CEO of AlphaNorth Asset Management is expecting the U.S. dollar to rally in the short term and gold to sell off and is forecasting a bit of a pullback in the next month or so followed by another rally before year’s end. Interview with The Gold Report Read more….

Nepalese gold investment ‘rising’

Investment in gold is on the rise in Nepal as it is regarded as a hedge against inflation, according to the president of the Nepal Gold and Silver Dealers Association. Speaking to My Republica, Ratna Shakya commented that gold imports to the country this year are expected to exceed the 5,000kg recorded in the 2008-09 [...]

Gilbertson, Davis set to ‘turn platinum-mining on its head’

The introduction of Mick Davis’ Xstrata and Brian Gilbertson’s Pallinghurst would turn the platinum-mining business on its head, RBC Capital Market analyst Leon Esterhuizen predicted on Tuesday. Esterhuizen said that, by their very nature, both Xstrata and Pallinghurst would redefine cost, which would put pressure on both Impala Platinum (Implats), where there is already board [...]

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