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3Vote!

AU and the Gold Hedge

In reply to Daily Trading & Social Commentary for Nov. 6 : Dave in Dever @ Golden Truth opined: "Anglogold Ashanti announced yesterday (11/2) that it may accelerate the closing of its hedgebook. The Company announced that the hedge was down to 4.3 million ounces. The original timetable for closing the hedge was 2014, a date the Company set just recently in July. Since that time, the price...

3Vote!

Mwana Africa Get U.S. $10 Million for Gold Mine

MWANA Africa has secured US$10 million funding for Freda Rebecca Mine from the Industrial Development Corporation of South Africa. This loan facility is expected to enable Mwana to accelerate the implementation of the mine's refurbishment programme which is expected to spur the gold mining company's output to more than 50 000 ounces of gold per year.

3Vote!

Centamin Egypt Limited: Centamin Egypt Limited: First Day of Dealings on the Official List

TORONTO, ONTARIO (MARKET WIRE) Centamin Egypt Limited ("Centamin" or "the Company") (TSX: CEE)(ASX: CNT)(AIM: CEY) announces that its entire issued ordinary share capital will today be admitted to the Official List of the Financial Services Authority and to London Stock Exchange plc's main market for listed securities ("Admission"). Cancellation of trading in the ordinary...

3Vote!

Tanzania: Trace metal concentrations in soil, sediments, and waters

Here are the key findings of the study conducted by The Norwegian University of Life Sciences in cooperation with the University of Dar es Salaam to investigate the environmental impact of the mining activity in Geita (Anglo Gold Ashanti) and North Mara (Barrick Gold)mines. "Extremely high levels of arsenic, cadmium, cobalt, copper, crom, nickel and zinc at the area around the spill. The environment...

3Vote!

Heavy Equipment for Sale: AngloGold Ashanti Production Up at 5% on Geita and Vaal River

Heavy Equipment for Sale : AngloGold Ashanti announced that third quarter production rose 5 percent after continued improvements of its Geita mine in Tanzania and lesser interruptions at its Vaal River operations in South Africa. Acoording to Chief Executive Officer Mark Cutifani, “We continue to make breakthroughs in effecting the turnaround at Geita. We’ve also made some strong safety...

3Vote!

Energy: Endesa unveils 55% drop in profits, N Korea expands ...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/XYEWFF/W3H3S/2RFOP9/YBT81/ Energy Wednesday November 04 2009 FT.com - Energy Endesa unveils 55% drop in profits Spanish electronics company Endesa reported a 55% drop in net profits as lower gains from asset sales masked a steady underlying...

5Vote!

Randgold mines a rich seam and outperforms sector

Randgold Resources defied the weak market trend and outperformed its peers in the mining sector as the price of gold hit a record high above $1,080 an ounce. The...

3Vote!

Randgold Resources (GOLD) Picks Up Nearly 2% Yesterday But Showing Bearish Technicals With Weak 2 STARs S&P Rating

Randgold Resources (NasdaqNM: GOLD) closed yesterday at $68.00. So far the stock has hit a 52-week low of $25.05 and 52-week high of $76.97. Randgold Resources stock has been showing support around 64.93 and resistance in the 71.15 range. Technical indicators for the stock are Bearish and S&P gives GOLD a weak 2 STAR (out of 5) sell rating. GOLD appears on the Investors Observer Volume Leaders...

3Vote!

Anglogold Cuts Production Target Again

ANGLOGold Ashanti reported yesterday that production in the third quarter to September rose 5%, but it revised production targets for the year downwards mainly due to safety stoppages at TauTona mine near Carletonville.

3Vote!

500 Children Desert School to Mine Gold

Parents in Tiira parish in Busitema sub-county, Busia district have withdrawn over 500 of their children from school to work in gold mines. Busitema sub-county LC3 chairperson Tom Etaru Ekisa told The New Vision in an interview recently that the children, both in primary and secondary school, were employed in the Tiira gold fields.

3Vote!

NUM reports fatality at Gold Fields Kloof Mine

The National Union of Mineworkers has reported a fatality at Gold Fields' Kloof Mine near Carletonville.

3Vote!

European Goldfields Ltd: EUROPEAN GOLDFIELDS LTD: Q3 2009 RESULTS CONFERENCE CALL & WEBCAST

WHITEHORSE, YUKON (MARKET WIRE)

3Vote!

AngloGold cuts output target on suspended mine

AngloGold Ashanti, the world's Number three gold producer, lowered its annual production target for the second straight quarter after suspending output at a South African mine for safety checks.Africa's top gold producer also reported on Monday, it swung to a better-than-expected headline loss for the third quarter on costs related to trimming its hedge book as well as stronger currencies, rising wages...

3Vote!

When cash is king over gold

AngloGold Ashanti confirms its ongoing generation of free cash flow, so elusive to so many gold diggers.

3Vote!

AngloGold says accelerating hedgebook closure possible

AngloGold Ashanti may accelerate closing its hedgebook if conditions are right, Mark Lynam, a vice president at the gold producer has said.