AngloGold’s completion of five small, but high-value-yielding acquisitions over the past four years was expected to add about 700 000 oz/y to its production profile at about two-thirds of the cost its competitors would pay to build new assets.
Augusta Resource jumped more than 10% on Monday after announcing it has received an air quality permit for its Rosemont mine in Arizona which could by itself account for about 10% of annual US copper output once in production in 2015.
China's number one gold producer said Monday first-half revenues surged 61.4% to $7.8 billion compared to 2011 and should exceed $15.5 billion for the full year.
The Vancouver-based miner inked a deal with a Zambian firm for a new mine on Monday adding to its already ambitious expansion plans totalling $3.7 billion which includes building one of the world's largest copper smelters.
US appeal court judges have ruled that a case seeking a resumption of licensing work for a nuclear waste repository at Yucca Mountain will be put on hold, despite agreeing that the Nuclear Regulatory Commission cannot legally give up work on the application.
