July 30, 2012 Dud investments the norm for China’s state-owned companies, says former Rio Tinto exec People should stop worrying about Chinese businesses buying up resource companies in Australia because the Chinese are no good at investing, says former Rio Tinto executive, Michael Komesaroff.
July 30, 2012 Strike gets Gold One to gut guidance With an illegal strike on its hands Gold One has reduced its guidance, originally set at 300 000 oz, down to 250 000 oz.
July 30, 2012 Canstar closes on acquisition of Freeport-McMoRan’s option on the Mary March property; completes earn-in for 50% of property Canstar has completed the purchase of Freeport-McMoRan of Canada's 50% joint venture interest in the Mary March mineral properties located in the Buchans area of Newfoundland and Labrador.
July 30, 2012 Tanzania demands 30% tax from gold miners on grounds of rising prices The gold-rich African nation of Tanzania has introduced a 30% corporate tax for mining companies in operation for more than five years, stating that the move is justified by rising…
July 30, 2012 Gold equity funds post dire performance Gold equity funds have posted a baneful performance in the past year despite firm gold prices and rich returns from gold ETF's.
July 30, 2012 Platinum underperforms gold due to lack of respectable safe-haven status Platinum's poor performance relative to gold of late may be due to its lack of status as a safe-haven investment and a credible means of storing value.
July 30, 2012 PMI Gold Corporation: quarter activity update for the period ended 30 June 2012 The report highlights the Obotan gold project, recent acquisitions and updates to PMI's financing.
July 30, 2012 Comstock metals enhances potential of QV property, White Gold district, Yukon with additional sampling. Rock samples return 16.15 and 7.4 g/t Gold, 62 m and 83 m West of Discovery trench The additional rock samples returned results of 3.27, 16.15, and 7.71 g/t gold from below Trench QVTR12-6 to 62 m SW of Trench QVTR12-3.
July 30, 2012 Solvista Gold Corporation and Tolima Gold Inc. sign definitive agreement to consolidate a portion of their mining properties in the middle Cauca Gold Belt of Colombia Under the agreement, Solvista will acquire 50% ownership in five Tolima properties, and Tolima will gain two of Solvista's properties and 3 million in common shares.
July 30, 2012 North American Gem Inc. announces private placement The company announced today that it has arranged a non-brokered private placement of up to 4,000,000 units at a price of $0.15 per unit, subject to the approval of the…
Australian lithium miner PLS Group signs supply deal with China’s Canmax Company has signed an offtake deal to supply 150,000 tonnes of spodumene concentrate for two year. February 09, 2026 | 01:46 pm