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Energy

Newmont Mining’s CEO sees gold at $1,750/oz next year

Newmont Mining Corp’s (NEM.N) second-quarter profit missed Wall Street expectations as higher costs and lower production offset a soaring gold price that hit a record high on Friday.

China Business News | July 31, 2011 - 8:56 pm

Precious Metals

Soaring demand spotlights secret NY gold hoard

If there's one place a James Bond villain -- or even some actual governments -- would love raiding today, it's the basement of a somber building in lower Manhattan: the world's biggest gold vault.

Yahoo! Singapore | July 31, 2011 - 8:49 pm

Base Metals

Rex Minerals copper and gold prospect upgraded 25pct

ABC reported that exploration company Rex Minerals has upgraded by 25% the size of a proposed copper and gold mine near Ardrossan, Alberta, Canada.

Steel Guru | July 31, 2011 - 8:24 pm

Energy

Reuters: Ukraine mourns after 37 die in mine accidents

Two separate accidents at mines in Ukraine have claimed the lives of 37 miners, Reuters reported Sunday: Rescue work ended on Sunday at two Ukrainian coal mines where accidents killed 37, and the former Soviet republic held a national day of mourning. An explosion in a mine in the Luhansk region early on Friday killed at least 26 people and injured two, according to an updated report on the Emergencies Ministry website. Also early on Friday, 11 miners died and four were injured at a state-owned mine in the neighbouring Donetsk region when a piece of heavy machinery collapsed.

Reuters | July 31, 2011 - 7:55 pm

Videos

Mining’s next big threat: EY warns high prices are masking deeper risks

October 30, 2026

Gold could defy another Fed rate hike, Peter Grandich says

October 29, 2026

Gold juniors trading at ‘80% off’ as mining takeover wave looms, says Michael Gentile

October 19, 2026

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July 2011

SA firm Redpath clinches R67m contract to build sand tunnel at Botswana’s Ghaghoo diamond mine

Metso to supply comminution services to Northland Resources in Sweden

MTU Detroit Diesel featuring extensive mine offerings at AIMEX

SKM’s role in Cape Lambert iron ore upgrade and IPCC

North Star property sold to Newmont Mining

Gold regains on US debt concerns

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