Building the economy

Posted August 16, 2007

Building the economy
CNN - Many of the casualties have been in mining, where the falling gold price has caused several mines to close. With gold at a 20-year-low, the prospects don’t look good for the industry. Several economists blame job losses partly on a labor system that

Inmet cites support for copper-gold Ok Tedi project in Papua New
Canada East - The price of gold continued to increase in the quarter to an average LME price of US$667 per ounce, compared with $627 per ounce in 2006, mainly because of the decrease in the value of the U.S. dollar. “The gold price we ultimately realized was

Animas Resources Obtains Services of John Reynolds of Durango
Market Wire - I am excited to be able to consolidate the past data on the Santa Gertrudis mines in light of the higher gold price today along with leading the geophysical program to identify new, near-surface ore as well as previously ignored sulfide zones. I am

Apollo Gold Announces Second Quarter 2007 Results With Improved
CNW Group - 000 tonnes of indicated material with an average grade of 1.26 g/t Au was used and the remaining amount of dilution material was assigned a grade of 0 g/t Au >> The minable reserve was calculated based on a gold price

Costs dull gold but future is bright
Sydney Morning Herald - But, despite a rising gold price, like most other Australian goldmines the Super Pit has not been a screaming financial success of late. The star mines in the Goldfields region in the last year were instead the Kambalda nickel operations owned by up

Gold support price up 760%
Financial Gazette - The international gold price surged from around US$275 an ounce in 2001 to US$678 an ounce yesterday. This means, at reported parallel market rates of $180 000 for the US dollar, the central bank s new gold price is US$472 an ounce, a discount to

Energy Metals Securityholders Approve Arrangement with Uranium One
Bolsamania - Such factors include, among others: uranium and gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves and

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