Ghana pledges no repeat of incursions at AngloGold mine

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.

A proposal for a large underground copper mine in Minnesota reached a milestone last week.

Why? For mining the stuff for making China.

Centerra Gold said labour strikes last month worsened the extent of the ice and waste flows and that it now can't access the high grade zone at its massive mine in Kyrgyzstan.

Powerscreen recently hosted a World Dealer Conference in Cape Town, South Africa. More than 300 dealers and customers travelled from across the world to attend the conference.

"Shenhua is the most competitive bidder for the project given its technology, transport infrastructure, access to the Chinese market and the backing of the Chinese government," Shenhua CEO Ling Wen told reporters.

Dominique Delorme, President and CEO of La Mancha, noted: "Having quadrupled our resource base to nearly 5 million ounces of gold equivalent since 2007, it is exciting to see that this appears to only be the beginning, as we are just starting to scratch the potential at our Hassaï property, where nine more VMS targets remain to be explored."

"This acquisition positions Forsys to be better able to realize the full potential of consolidating Namibplaas with its wholly-owned Valencia Uranium Project," said Marcel Hilmer, CEO and Director of Forsys.

Nick Holland of CEO Gold Fields said on Monday the company has plonked $63 million on a second gold-copper project in the Philippines. The globe's fourth-largest gold miner also announced it is suspending drilling in Mali, Africa's third largest gold producer following a military coup.