Ovoca net profit hit 7.17 million euro's in H1-2011

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• Ireland's Ovoca Gold announced a net profit of 7.17 million euro for the first half to end-June 2011 compared with a loss of 1.17 million euro a year earlier.
  Sep 29, 2011 06:16 PM

Russia's Severstel to split gold mining from steel

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• Russia's leading metals giant Severstel announced the separation of its gold mining unit from steel.
  Sep 30, 2011 11:58 AM

Finland named best place for mining

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• Northern European nation of Finland is the best country for mining according to Resourcestocks magazine’s 2011 World Risk Survey.
  Oct 04, 2011 03:20 PM

Astra Resources to decide on Cambodia gold mine acquisition in 2 months

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• Astra Resources, parent company of Australia's Astra Mining, will finalise within two months the acquisition a 222-square-kilometre gold concession in Cambodia's Ratanakkiri province, the company announced yesterday.
  Oct 07, 2011 01:56 PM

Philex Mining produces 11,518 oz gold in August

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• Philippines's largest gold miner, Philex Mining Corp produced 11,518 ounces of gold in August this year while company's total exports value of precious metals hit $1.476 billion philippines peso.
  Oct 07, 2011 03:19 PM

Saudi Arabian Mining Co posts Q3 net profit at $7.3 million

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• Maaden or The Saudi Arabian Mining Co said Tuesday it shifted to a net profit in the third quarter of the year compared to the same period in 2010 on higher world gold prices and an increase in sales.
  Oct 11, 2011 04:29 PM

New gold law to boost Bolivia gold reserves

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• As part of its efforts to boost gold reserves, Latin American nation Bolivia enacted a law authorizing its central bank to buy gold from local producers.
  Oct 12, 2011 04:54 PM

PT Antam inks deal to process gold,silver with G-Resources

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• Indonesia's mining company PT Antam and G-Resouces Group Limited, through its subsidiary PT Agincourt Resources on Friday signed an agreement to process its gold and silver at Logam Mulia in Sumatra.
  Oct 15, 2011 12:50 PM

Luiri Gold Zambia mining license reinstated

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• Emerging African gold developer Luiri Gold Limited (ASX: LGM, TSX-V: LGL) ("Luiri" or "Company") announces that the Zambian Ministry of Mines and Mineral Development has reinstated the Company's Large Scale Mining License LML 48 ("LML 48").
  Oct 17, 2011 12:17 PM

South Australia to introduce bill to protect Arkaroola

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• South Australia's government will introduce a bill to permanently protect the Arakaroola area from mining
  Oct 17, 2011 04:37 PM