domingo, 21 de septiembre de 2014

Gold Fields seeks to buy producing mines to increase cash flow

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Gold News Digest
Monday 22 September 2014
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Gold Fields Ltd. (GFI) seeks to buy mines already in production to boost cash flow, said the South African producer of the metal with operations from Australia to Peru.

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Two mines in the Snow Lake area of Manitoba, Canada, were officially opened last week.

An article published in the Australian Finance Review has prompted OceanaGold to confirm that OceanaGold had unsuccessfully pursued a business combination with Alacer Gold.

Mali plans to boost funding opportunities for its artisanal miners and to improve the policing of a sector that produces about a third of the country's gold exports, officials said on Thursday at the start of a mining reform meeting.

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Former Barrick Gold chief executive Jamie Sokalsky has been appointed a director and the next non-executive chairman of junior gold explorer Probe Mines Ltd.

Premier Gold Mines Limited (TSX:PG) is pleased to provide an update for the Company's 100% owned Hardrock Project, located near Geraldton, Ontario.

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A scan of major gold producers' earnings suggests the cost of mining gold has risen dramatically over the past few years.

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