Indonesia’s Inalum expects to line up Freeport sale bank financing soon

Production at Blanket in Zimbabwe doubled and the Toronto-based company said it paid direct and indirect taxes, royalties, licence fees, levies and other monies to the Government of Zimbabwe totalling $13,6 million.

Prime minister and president-elect Vladimir Putin heads a government commission that has sweeping authority over foreign investment in companies like Polyus Gold, whose gold reserves are considered strategic by the state.

Gold prices climbed on Friday as the dollar fell to the lowest rate in a month against several currencies.

Harmony Gold Mining (NYSE:HMY) traded today at a new 52-week low of $10.58. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume of 2.1 million shares.

Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold") is pleased to report the results of a NI43-101 compliant Mineral Resource estimate recently completed on the Vinasale Gold Project located in southwest Alaska on which Freegold entered into an Exploration Agreement with an Option to Lease the Vinasale Project from Doyon Limited, an Alaskan Native Regional Corporation, in 2007.

Russia's central bank sold off about $200 million of gold in February, according to a report from the Financial Times.

Chinese copper-gold giant Zijin Mining Group is on the move again with plans for more acquisitions.

Canadian exploration companies feel their industry association doesn’t hear them, Neal Smitheman, a lawyer who represents junior mining companies in disputes with First Nations, told CBC.

The World Gold Council unveiled today the long-awaited “exposure draft” of the so-called conflict-free gold standard, which aims to crack down on gold tainted by conflict and human rights violations, such as the ongoing supply coming from the rebel forces in the Democratic Republic of Congo.