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African Island Nations Mining News is an EIN News Service for mining professionals. Constantly updated news and information about African Island Nations Mining.
Latest African Island Nations Mining News
- Gold $5000 By End 2010 on Monetary Debauchment 17 Nov 2009 17:18 GMT
... THE PRICE OF GOLD retreated from its seventh new record high ... sold out of our exposure to gold mining and switched into gold bullion," he tells ... credit account taking the place of physical metal – rose above the 5-year average of $60bn ...
- Gold to touch $5000 in 2010: Martin Hutchinson 18 Nov 2009 00:52 GMT
... Gold Price slipped from fresh all-time highs versus ... sold out of our exposure to Gold Mining and switched into Gold Bullion," he tells ... credit account taking the place of physical metal – rose above the 5-year average of $60bn ...
- African Markets - Factors to watch on Nov 18 18 Nov 2009 06:50 GMT
... 14-month high on Tuesday, lifted by heavyweight miners but the rand lost ground on a ... the first quarter of 2010. SIERRA LEONE MINING Sierra Leone's parliament has passed the new Mines and Minerals Act 2009 which will hike ...
- SA scrap metal company wants to mine diamonds in Zim 17 Nov 2009 11:34 GMT
... company part owned by , will manage mining on the deposit through it’s at least ... were found. As many as 20,000 illegal miners besieged the area, also known as Chiadzwa, ... reports of atrocities. New Reclamation and Zimbabwe’s mines minister didn’t return calls. “Marange wishes to ...
- Gold Hits Fresh Record Higher in USD, Euro and GBP 24 Nov 2009 20:16 GMT
... THE PRICE OF WHOLESALE gold in the professional market hit a new ... telling smaller clients this July that their metal "will be returned to the address of record...at ... supply side, John Holliday, head of Newcrest Mining's global projects team, told delegates at the ...
- African Markets - Factors to watch on Nov 19 19 Nov 2009 06:50 GMT
... for first time in eight days, but miners capped the losses. AFRICAN MARKETS For all ... deficit as wide as 4.9 percent. GHANA MINING Ghana plans to double the amount mining ... three provinces of the southern African country, mines minister Maxwell Mwale said on Wednesday. BOTSWANA ...
- African Markets - Factors to watch on Nov 16 16 Nov 2009 06:10 GMT
... Monday. - - - - GLOBAL MARKETS Gold hit a record high on Monday as ... over fears the government may pursue a mining nationalisation policy, an issue which analysts expect ... click on COMMODITIES For the latest precious metals report click on For the latest base metals ...
- African Markets - Factors to watch on Nov 20 20 Nov 2009 07:20 GMT
... global markets down on Thursday, led by miners on faltering commodity prices, but brewer SABMiller ... on fuel imports for its key copper mining industry. EMERGING MARKETS For the top emerging ... click on COMMODITIES For the latest precious metals report click on For the latest base ...
- Mauritius becomes latest nation to buy gold 17 Nov 2009 10:31 GMT
... Fund, purchasing two tonnes of the precious metal. In spite of the small size of ... years as Beijing bought secretively from local miners. Gold prices surged on Monday to a ... reserves – according to data from the mining industry-backed World Gold Council. The purchase more ...
- African Markets - Factors to watch on Nov 17 17 Nov 2009 06:30 GMT
... Nov 17 (Reuters) - The following company announcements, scheduled ... setting a new 14-month peak, boosted by miners after commodity prices set new highs, which ... click on COMMODITIES For the latest precious metals report click on For the latest base ...
- Setting gold standard in warzones 20 Nov 2009 23:38 GMT
... - McClatchy-Tribune Information Services via COMTEX) -- mining entrepreneur Mark Bristow, is a pretty wild ... wild place. Judging by the history of Randgold Resources, the company he leads, that is, ... is, if anything, an understatement. The London-listed metal digger prospects in some of the continent's roughest ...
- Madagascar leaders to meet on unity government deadlock 21 Nov 2009 12:54 GMT
... ministries. Agriculture, Communication and the Ministry of Mines are also sources of conflict. Observers say holding ... terms of the deal. Major oil and mining companies have poured into the world's fourth ... extract its reserves of oil, nickel, cobalt, gold, uranium and ilmenite. Political turmoil has rocked ...
- Is Record High Gold Cheap? 18 Nov 2009 18:58 GMT
... THE PRICE OF GOLD leapt in the professional market to yet ... – the global hedge book of gold mining companies is as good as closed, says ... Mead in the latest BNP Paribas Fortis Metals Monthly. "The bottom line is that the rally ...
- Gold: Still Cheap Despite New Record High 18 Nov 2009 23:51 GMT
... Gold feels frothy today," wrote Société Générale analyst ... week earlier. Can this dumb lump of metal get any livelier? Well, claiming that "there is ... – the global hedge book of gold mining companies is as good as closed, says ...
- Record-High Gold is "Cheap" Says SocGen, as "Minskian Gold Mania" Begins Stage Two 18 Nov 2009 15:14 GMT
... rate of inflation. Back in the professional gold market, "Central banks to the rescue as dehedging ... gold dehedging" – the reduction by gold mining companies of those forward sales they made when ... additional 374 tonnes of gold demand [per year]...more than South African gold production or US ...
- www.standoutstocks.com: Stocks That Stand Out For Nov 24th, 2009 Are ERHE, NYMH, IDOI, NVSR, KNDR, MRNJ 24 Nov 2009 15:56 GMT
... NYMET Holdings, Inc. (PINKSHEETS: NYMH), an innovative metals and mining company headquartered in Port Jefferson, N.Y., is ... export of various commodities such as lead, zinc, and manganese." South America is rich with ...
- Indian Market Rises On Strong Global Cues 16 Nov 2009 11:52 GMT
... High-beta realty stocks outperformed followed by auto, metal and oil/gas stocks, while IT stocks closed ... issued a ruling in favor of Mexican mining conglomerate Grupo Mexico SAB to regain control ... SAB to regain control of U.S copper miner Asarco LLC. JSW Steel rose 3.11%, Tata ...
- A tale of entrepreneurial courage 21 Nov 2009 05:54 GMT
... THE mining chapter of Richard Ong's entrepreneurial story, begins ... decision has paid off nicely, as Sebuku Mine's coal production now far exceeds what sceptics ... group, providing support services to its two mines. 'Because my education background was poor, I ...
- The new farm owners 16 Nov 2009 16:22 GMT
... the land to two corporations, one from Singapore (which is anxious to develop the market ... down in sync with other assets like gold or currencies, it allows investors to successfully diversify ... and conversions in the past, whether from mining or plantations, and given the central role of ...
- US Immigration 101 24 Nov 2009 14:32 GMT
... different from the railroad tracks where Chinese coolies were massively deployed, and the western gold mine fields where they were barred from mining though allowed to handle the laundry and the chow. Four Chinese were reported in ...
- Madagascar's lemurs in danger from political turmoil 18 Nov 2009 06:12 GMT
... which has been isolated from landmasses for more than 160-million years, is the world's fourth ... are deemed critically endangered. Decades of logging, mining and slash-and-burn farming have destroyed 90% of Madagascar's ... breakdown of law and order and a "gold rush" of armed loggers and poachers. International sanctions ...
- Lemurs under threat from Madagascar's 'timber mafia' 18 Nov 2009 07:32 GMT
... which has been isolated from landmasses for more than 160m years, is the world's fourth ... deemed critically endangered. But decades of logging, mining and farming have destroyed 90 per cent of ... a violent coup that led to a "gold rush" of armed loggers and poachers. Now lemurs' ...
- 'They burn, they cut, they destroy, they steal' 20 Nov 2009 05:12 GMT
... has been isolated from other landmasses for more than 160-million years, is the world's fourth-largest ... which are critically endangered. Decades of logging, mining and slash-and-burn farming have destroyed 90% of Madagascar's ... breakdown of law and order and a "gold rush" of armed loggers and poachers. International sanctions ...
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