MINING.COM

Gold to retest all time highs in 2012 – analysts

While the yellow metal has struggled in the last few months, many analysts are still expecting big things from gold in 2012.

Mineweb | December 23, 2011 | 12:25 pm

Detour Gold receives federal approval for Detour Lake Mine, in Ontario

TORONTO, ONTARIO--(Marketwire - Dec. 22, 2011) - Detour Gold Corporation (TSX:DGC) ("Detour Gold") is pleased to announce the approval of the Comprehensive Study Report ("CSR") regarding the environmental assessment for the Detour Lake project by the Federal Minister of Environment.

Marketwire - Mining and Metals | December 22, 2011 | 11:46 pm

Copper-gold project in BC interior has $795 million capex

A feasibility study released Wednesday for the Ajax copper-gold project estimates the capital costs at $795 million.

Andrew Topf | December 21, 2011 | 8:46 pm

Gold rises above $1,600 as ECB tender lifts euro

The gold price rose above $1,640/oz on Wednesday after better-than-expected take up by European banks of ECB-tendered cheap loans, easing fears of a credit crunch.

Mineweb | December 21, 2011 | 11:58 am

First Uranium to lay off 1,850 employees at South African mine

First Uranium said it plans to lay off up to 1,850 employees at its Ezulwini Mine in South Africa.

Michael Allan McCrae | December 19, 2011 | 7:49 pm

Newcrest Mining reduces gold production guidance by 150,000 oz

Newcrest Mining (ASX:NCM) said it will produce about 150,000 oz less gold in its 2011/12 financial year due to production disruptions at Cadia Valley and Lihir, and lower feed grades and recoveries at Telfer.

Michael Allan McCrae | December 19, 2011 | 6:01 pm

South American Silver’s stock is up 17% after announcing four billion pound copper resource

South American Silver (TSE:SAC) stock shot up 17% in morning trading today on the Toronto Stock Exchange to $1.62 a share after the company announced the findings from its NI 43-101-qualified resource estimate of the company's Escalones copper-gold-silver project in central Chile.

Michael Allan McCrae | December 19, 2011 | 4:29 pm

Gold sees losses as Fitch downgrade warning hurts euro

Gold prices eased on Monday as a warning from Fitch Ratings that it may downgrade France and six other euro zone countries hurt stocks and the euro.

Mineweb | December 19, 2011 | 12:01 pm

Company wants to reroute U.S. 95 to mine near Goldfield

The main road connecting Las Vegas and Reno could be rerouted near the central Nevada town of Goldfield to make way for something older than the Silver State itself: a mining boom.

Las Vegas Review Journal | December 18, 2011 | 9:26 pm

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