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Mining company CEOs, financiers and investors will be gathering at the Jumeirah Carlton Tower Hotel in London from May 29-31 for World Mining Investment Congress 2012. Participants will be discussing new mining opportunities; how to raise capital for mining projects; detailed mining case studies; emerging markets' demand for African ...
Ghana is one of the most resource-rich countries in West Africa, and is especially well-endowed as far as gold is concerned. After the abolition of apartheid, South African mining companies in particular started expanding all over the continent. In the last decade exploration companies and gold producers as well as supply companies have ...
Precious metals sold off again yesterday, but have staged a small recovery this morning – buoyed by news that the eurozone economy as a whole avoiding slipping back into recession, with 0% GDP growth in Q1 (it’s come to something when 0% growth is deemed “good news”). Relatively robust German growth of 0.5% ...
Extensive exploration activities have led to new gold discoveries in the region of Tanzania surrounding Lake Victoria, and new mines are expected to start operating in the coming years. The Tanzanian government is hoping to raise significant income by granting more production licenses. Increased mining income should help the country ...
Another tough day for precious metals yesterday, with gold, silver, platinum and palladium hit hard by hedge funds’ flight from equities and commodities. Concerns that Greece is on the verge of being forced out of the euro – combined with a surge in 10-year Spanish bonds back above the 6% “danger” mark – ...
Last week the company Planetary Resources held a press conference to discuss whether the production of precious metals on Near Earth Asteroids might soon become a reality. Analysts, commodity producers and metals traders agree that Earth's precious metal reserves are steadily decreasing. In South Africa, gold is often extracted at depths ...
Gold production in Mali is being called into question following a military coup two weeks ago. African media are reporting that many foreigners are fleeing the country. In recent years Mali has become an important gold and cotton producer. However, the coup could undermine these achievements. In the past two weeks the stocks of gold ...
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