The unrest by workers at African Minerals' Tonkolili iron ore mine in Sierra Leone has left one woman dead and at least six injured, witnesses and medical staff said Friday.
Syria is trying to sell gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports begin to bite, diplomats and traders said.
Randgold Resources seems to be on track with its construction programme on its major Kibali gold mine development in the eastern DRC, aiming for initial production before the end of 2013.
A takeover of the Chilean assets of a small Australian firm two years ago has given Kingsgate Consolidated the opportunity of developing another silver mine.
GFMS's Philip Klapwijk maintains that gold investment demand will stay healthy through the course of 2012 on the back of continued loose monetary policy and worries about the US and Europe.
While there are a number of external factors behind the recent fall in the valuations of junior miners, there is a sense that the companies themselves should bear some of the blame.
For metals consultancy Thomson Reuters GFMS’s Paul Walker, looking to hedge from a position of strength would serve miners well when prices do eventually fall.
According to trade and industry sources, the country must tap into its largely untapped reserves and imports to generate power beyond the next decade if it is to ease its crippling energy crisis.
Eldorado Gold's updated guidance stresses the integration of newly acquired assets in Greece and Romania to help achieve 1.7 million ounces of gold production company-wide in five years.
Junior market capitalization have sunk hard leaving some juniors sitting on hefty cash piles. Meanwhile some analysts suggest it's time for investors to start hunting.
Despite the slight drop on Thursday, the gold price is still set for its largest weekly gain in six weeks, thanks to the toll the re-emergence of Europe's debt crisis has taken on investor risk appetite.
