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West Kirkland Mining West Kirkland Cuts 50.29 Meters of 0.73 Grams Per Tonne Gold at Three Hills, Discovers Additional Near Surface Gold …

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SOVEREIGN CUTS GOLD PROJECT ESTIMATES | Mining Business …

Sovereign Gold has revised downwards its recent mineral resource for the Mt Adrah Hobbs Pipe gold deposit in New South Wales, Australia, from 923,000oz to 770,000oz. SOVEREIGN CUTS GOLD PROJECT ESTIMATES | Mining Business Media - Resources, …

Gold prices could rise after mine cuts jobs | Gold News

 · Gold Fields Limited, the world''s fourth biggest gold producer, has announced that it will be cutting 1,885 jobs at its South Deep mine in South Africa. Production at the mine fell to 37,500 ounces in the three months to the end of June - compared to 52,600 ounces in the previous quarter - as safety stoppages and work on access ramps took their toll.

Gold price drops as Fed cuts QE spending

Gold price drops as Fed cuts QE spending - MINING Posted: 19 Mar 2014 01:52 PM PDT The gold price extended its losses on Wednesday after the US Federal Reserve announced that it would cut its monthly bond purchases from $65 billion to $55 billion.

Gold investors see M&A, cost cuts unlocking $13bn

 · A group of investors including the hedge fund founded by billionaire John Paulson said "significantly mismanaged" gold companies could unlock $13 billion in value through mergers and cost cuts. The Shareholders'' Gold Council of 18 investors including Egyptian billionaire Naguib Sawiris''s La Mancha found that the median spending of senior gold producers is double that of mining ...

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Paulson cuts gold ETF, upbeat view stays

 · Paulson & Co cut its holding in the SPDR Gold Trust to 17.3 million shares as of the end of the fourth quarter versus 20.3 million in the third, a US regulatory filing showed late on Tuesday. The reduction is equivalent to about 330,000 ounces of gold, worth almost $600 million based on …

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BMO cuts gold, silver, platinum price outlook

BMO Capital Markets warns miners should prepare for a "prolonged period of sub-US$1,200/oz gold prices." BMO cuts gold, silver, platinum price outlook - MINING

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Harmony Gold cuts corporate costs, capex in repositioning

 · South Africa''s third-largest gold-mining company Harmony Gold cut R450-million in corporate and services costs in the year to June 30 and will lower capital expenditure (capex ...

Shanta Gold to close loss-making hedge by January as programme cuts deep in Q3

 · SHANTA Gold forecast the closure of its hedge book by January after it delivered 15,000 ounces of gold, about 55% of third quarter production, at an average price of $1,251/oz – about $800/oz below spot prices fetched by unhedged gold producers. The outstanding ...

West Kirkland Mining Cuts 1.55 g/t Gold and 58.52 g/t Silver …

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NEWCREST CUTS GOLD GUIDANCE 10% | Mining Business Media …

Newcrest Mining has cut its 2012-13 gold production guidance by over 10% due to mechanical issues at its Lihir operations in Papua New Guinea and poor ground conditions at Gosowong in Indonesia.The revised guidance for the year to the end of June is 2-2 ...

GOLD: Wallbridge cuts more high grades at Fenelon

 · QUEBEC – Wallbridge Mining Company of Toronto continues to drill high grades at its Fenelon gold property 75 km northwest of Matagami. By Canadian Mining Journal August 14, 2018 At 4:29 pm A 3D view of the Fenelon gold mine.

GOLD: KL Gold cuts huge bonanza to extend SMC

 · ONTARIO – Nothing succeeds like success. Or like excess if you have a bonanza grade of 2,846.1 g/t Au. That is what Kirkland Lake Gold of Toronto drilled at its South mine complex (SMC) near the town of Kirkland Lake. Nor was that the only high grade assay.

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 · The potential for cuts is greater among so-called mid-tier gold producers, the report said. Their general and administrative spending amount to almost 13% of their earnings, according to the ...

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Peru''s Lagunas Norte gold mine cuts costs with new SONARtrac processing monitoring technology

 · Harte Gold stock jumps on new discovery near Sugar Zone mine Channel sampling at the new discovery is underway, with initial results showing anomalous gold values of up to 4.4 g/t Au. MINING…