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GOLD

Sibanye ups Q1 gold output 11%, awaits ruling on strike

0 COMMENTS
Johannesburg- and New York-listed Sibanye Gold has improved its year-on-year production of gold, lifting output by 11% to 332 400 oz for the quarter ended March 31 as the company’s Driefontein, Kloof and Beatrix mines strengthened production...
24th April 2014
 
 
GOLD

ABG delivers higher Q1 gold output, lower gold price drags revenue, Ebitda

0 COMMENTS
JOHANNESBURG (miningweekly.com) – London-listed gold producer African Barrick Gold (ABG) says it has started the new financial year stronger, with the first quarter of 2014 delivering higher production and lower all-in sustaining costs. The...
24th April 2014
 
 
GOLD

Beadell production steady despite heavy weather

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Gold miner Beadell Resources has reported only a slight increase in gold production during the three months to March, but saw a spike in sales, compared with the previous corresponding period. In the period under review, Beadell produced 32 507...
24th April 2014
 
 
GOLD

Klondex strikes toll milling agreement with French Gulch Nevada Mining

0 COMMENTS
TSX-listed Klondex Mines on Wednesday announced that it had struck a toll milling agreement with French Gulch Nevada Mining to process gravity concentrates produced from the Washington mine at Klondex's Midas mill. Under terms of the one-year...
23rd April 2014
 
 
ENGINEERING SERVICES

AngloGold Ashanti awards engineering contract for Colorado gold mine

0 COMMENTS
Global engineering and construction firm Foster Wheeler on Wednesday announced that a subsidiary of its Global Engineering and Construction Group had been awarded a contract for basic engineering for the Squaw Gulch ADR2 project, a new adsorption,...
23rd April 2014
 
 
MONGOLIA COPPER

Mongolia March copper exports up 53% on rising Oyu Tolgoi sales

0 COMMENTS
Mongolia's copper concentrate export volumes leapt 53% year-on-year in March, with rising output from the $6.5-billion Oyu Tolgoi project run by Anglo-Australian miner Rio Tinto driving up sales, official data showed. According to figures...
23rd April 2014
 
 
GOLD

Barrick-Newmont tie-up could create new top flight Australia gold producer

0 COMMENTS
Australia could spawn a new mega gold producer if Barrick Gold Corp and Newmont Mining Corp spin off their Asia-Pacific assets, heating up competition with the country's underperforming market leader Newcrest Mining Ltd. Barrick and Newmont have...
23rd April 2014
 
 
GOLD

Nordgold improves gold output across portfolio

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Bissa mine LSE-listed Nordgold on Wednesday said refined gold output of 211 100 oz was achieved during the first quarter of the year – a 15% increase on the prior corresponding period as eight of the gold producer’s nine mines achieved a year-on-year...
23rd April 2014
 
 
 
 
 
 
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