Posts by Mineweb:

No serious impact from protests – Newmont Indonesia

According to the Indonesian unit of the U.S. miner, several days of protests at its Batu Hijau copper-gold mine had had no significant impact on production Local authorities have dispersed the protesters who since Aug. 2 had been blocking access and
Mineweb | August 8, 2011 | 7:23 am

Thomson Reuters buys GFMS

The news and information service announced Friday it had acquired UK-based, private metals analysis firm GFMS for an undisclosed sum in a bid to expand its metals information offerings News and information company Thomson Reuters Corp.
Mineweb | August 5, 2011 | 12:04 pm
The return of the great gold hedge

Investors funnel $3.5 billion into gold ETFs in June

Investors who were nervous about the looming debt ceiling showdown poured $3.5 billion in July into exchange-traded funds that own gold, according to fund tracking website IndexUniverse.com. The biggest gold ETF, the $65 billion SPDR Gold Trust managed by State Street, added $2.9 billion of net inflow, IndexUniverse said in its monthly report. BlackRock's $8 billion iShares Gold Trust took in $632 million.
Mineweb | August 3, 2011 | 5:56 pm

Iamgold’s Rosebel gold mine resumes operation

Iamgold announced that a 36-hour work stoppage of the mill at the Company's Rosebel Gold Mine in Suriname ended Wednesday morning when agreement was reached with regard to a possible change in shift scheduling. The Company and union have committed to continue to meet, starting immediately, to resolve all outstanding issues. Rosebel has resumed operation and is on target to meet its 2011 production guidance of between 360,000 and 380,000 ounces of gold.
Mineweb | August 3, 2011 | 4:51 pm