martes, 7 de octubre de 2014

Chile’s top court orders Goldcorp to halt El Morro mine

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Gold News Digest
Wednesday 8 October 2014
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Once again the mining giant's $3.9 million project can't move forward until local indigenous groups who oppose it are better consulted.

Sponsor Digest Post

Cat Auction Services is hosting a live auction for the complete dispersal of Chevron's Questa mine. The auction will take place on Wednesday, October 22, 2014 and Thursday, October 23, 2014 at 9:00 am MDT. While most of the items up for auction are mining, there will also be heavy equipment, motor vehicles, agriculture and parts, attachments and shop tools. This is an unreserved auction, so there are no minimum bids or reserve prices. If you can't make it onsite to bid, no worries, we have online bidding.
For the full auction equipment inventory visit, www.catauctions.com.

"As we speak, in the end of 2014, I think we're pretty close to the edge of the precipice"

There have been multiple occurrences in history where evildoers have breached security measures and gold has fallen into the wrong hands.

Gold's $20 plunge on Friday was accompanied by a big increase in bullishness among gold timers. That's just the opposite of what you would expect.

The news represents a relief for local authorities, which have seen several projects halted in recent months.

Sponsor Digest Post

The upcoming Mine Project Economics webcast is for anyone involved in carrying out mine valuations or who wishes to understand mine valuations done by others.
Dr. Dunbar will provide instruction in the fundamental aspects of the valuation of mining projects with particular emphasis on the models used for valuation, uncertainties in the input to these models, and the role of the models in decision-making.
For more info or to register, see the course page.

KEFI Minerals (AIM: KEFI), an emerging gold miner with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to announce that it has reactivated the Mining Licence Application ("MLA") for its Tulu Kapi gold project in Ethiopia, which had been suspended in mid-2013 by the previous owner of the asset.

Precious metals seem to have joined the global downturn in commodity prices, with gold tumbling to its lowest level in 15 months on Monday.

Speaking at a 300-plus delegate event in Germany RPM's CEO, Mr. Richard Mathews said there is an ongoing productivity Transformation in mining, which is set to challenge conventional thinking.

The project lies in the northern portion of a prolific belt of silver+/-gold deposits in the Humboldt Range in Pershing County that includes the evolving Spring Valley Project, being developed by Midway Gold and Barrick.

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