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Gold Fields’ Philippine mine to cost up to $2bn

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Gold Fields may invest up to $2bn to develop a gold and copper prospect in the Philippines, says a government official, although the company maintains it is far too early for such estimates.

All that glitters is not just gold, say CEOs

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Prices for silver are expected to strongly rise due to a worsening economic landscape, mining CEOs say, with some predicting a price of $50/oz within six months.

Workers hurt at DRD’s Blyvoor, says NUM

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The National Union of Mineworkers says that a seismic event has rocked DRDGold's troubled Blyvoor mine.

Gold stocks are ‘dirt cheap’ – JP Morgan

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Gold stocks are dirt cheap and gold is going to $2,500/oz, according to the latest research from the top gold analysts at JP Morgan Cazenove.

Mining CEOs see gold price heading one way

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To hear mining executives tell it, gold prices have nowhere to go but up as investors flock to the yellow metal to hedge against the languishing global economy.

AngloGold aims 5km down to unlock ounces

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AngloGold Ashanti aims to use new technology to go 5km below the surface, saying it is on the edge of a major shift in the way people think about underground mining.

First Quantum says court upholds DRC claim

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First Quantum Minerals says a court has upheld its claim against the cancellation of its Kolwezi tailings project in Democratic Republic of Congo.

Cutifani sees gold at $2,200/oz in 2012

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The CEO of AngloGold Ashanti says he expects gold prices to hit $2,200 an ounce by next year and hints the firm may boost its dividend.

Mwana Africa’s Zimbabwe output tops target

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Mwana Africa's Zimbabwe mine output has risen to a monthly average of 4,500 ounces, outstripping its targeted annual production rate.

Gold heads for biggest weekly drop since ’09

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Gold has slipped more than one percent, heading for its biggest weekly drop since March 2009.