top 5 gold mining company on Mining Exploration News

Signs point to the rise in gold price

January 4th, 2009

“Daily updated mining exploration news on gold mining project”
The Gold Report: Sheldon, from a macro overview, where do you see the precious metals going? The U.S. government and all central bankers are jumping in at unprecedented levels. The Fed says it’s going to throw in everything it’s got to stimulate. Is it going to [...]

Mining Industries in 2008

December 25th, 2008

“Daily updated world mining exploration news” —–Johannesburg - Resources shares slid quicker than a deckchair on the sinking Titanic in 2008 with former darling, Metorex, suffering most.
The home-grown copper bet lost 91% on the JSE and was last hovering around 205c/share having touched R24.80 mid-year.
It was a development that scarred the company’s boardroom with CEO [...]

Gold Reserve seeks injunction to stop Rusoro takeover

December 18th, 2008

“Daily updated mining exploration news on Gold Mining”—- Gold Reserve Tuesday asked an Ontario Superior Court of Justice to grant an injunction restraining Rusoro Mining and its financial advisor Endeavour Financial International from continuing with Rusoro’s hostile bid for the Spokane-based gold company.
Rusoro, which launched a $49.8 million all-stock hostile bid for Gold Reserve Monday, [...]

Riverside Resources Tells Positive Results From Penoles Mining District, Durango, Mexico

December 14th, 2008

Riverside Resources Ltd. (TSX Venture: RRI - News), 3 50 square km of three concession P enoles a new goal of the P enoles Mining District, Durango, Mexico, a report from satisfied with the results. Jesus Maria, lead and zinc - El Capitan disseminated epithermal vein system, MWF, San Rafael Ag vein system and the [...]

THE PRICE OF GOLD continued to drift lower in early London trade on Tuesday

November 19th, 2008

“Daily updated mining exploration news on gold mining”—–THE PRICE OF GOLD continued to drift lower in early London trade on Tuesday, holding $10 per ounce below last week’s close while European stock markets lost another 2% and crude oil fell towards fresh 21-month lows.
“Looking forward, we think the need for safe-haven investments will grow,” says [...]

Sweeping changes in AngloGold Ashanti, Gold Fields and Harmony

November 10th, 2008

“Daily updated mining exploration news on gold”—-The new brooms at Africa’s biggest gold producers - AngloGold Ashanti, Gold Fields and Harmony - have had a lot of sweeping to do in a fast-changing industry. Some have swept cleaner than others.
The aggressive way AngloGold CEO Mark Cutifani tackled the company’s hedge book (selling gold forward at [...]

Gold mining exploration corp CEO expects $1,000 gold in near future; Q3 revenues up 5 pct

November 2nd, 2008

“Daily mining exploration news on gold price”—–Gold Mining exploration corp Inc. saw its net income and revenues jump in the third quarter, and CEO Kevin McArthur says he expects to soon see gold prices in the thousand-dollar range - a price that will allow the company to achieve its goal of 50 per cent growth [...]

Newmont Mining Exploration Company profit halved by lower gold, copper prices

November 1st, 2008

“Daily Mining Exploration News on Gold Mining”—- Newmont Mining Corp. on Wednesday posted a 51% drop in third-quarter profit, the result of lower gold prices and a steep drop in copper sales.
Denver-based Newmont (NEM:26.34, -1.70, -6.1%) said net income for the
three months ended Sept. 30 fell to $196 million, or 43 cents a share, from [...]

China Shen Zhou Mining & Resources, Inc. CEO to Attend the Executive Board Conference of the China Fluorite Industry Association

October 29th, 2008

“Daily updated mining exploration news”—China Shen Zhou Mining & Resources, Inc. (Amex: SHZ - News; “Shen Zhou”, or “the Company”), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that Ms. Jessica Yu, Chairwoman and CEO of the company, will [...]

Government ignores legal issues, pushes Diwalwal mining projects

October 27th, 2008

“Daily updated mining exploratio news on mining project”—Government is pushing through with plans to parcel out the controversial gold rush site in Diwalwal, Compostela Valley province to various foreign mining companies, despite the tangle of unresolved legal issues that are threatening to fuel a potentially explosive situation.
On Oct. 14, government accepted letters of intent [...]