BISHKEK, Dec 6- Kyrgyzstan is suing Canada's Centerra Gold for 15 billion soms over what the government says is ecological damage, marking a new twist in a bitter row with the investor running the largest Kyrgyz gold mine.» Read More
PERTH, Aug 29- The South African government will not intervene in deadlocked wage talks between gold producers and unions even as some producers prepare for work stoppages of up to three months, the South African mines minister said on Thursday.
JOHANNESBURG, Aug 28- South African gold producers are preparing for bruising strikes that could start as early as Sunday, with some companies planning for stoppages of up to three months in a high-stakes fight between capital and labour in Africa's biggest economy.
Falling demand from China will likely cause an oversupply in the copper market by the end of this year and could weigh on prices for the metal until 2016, the CEO of copper miner Antofagasta told CNBC on Tuesday.
NEW YORK, Aug 23- A weak dollar and prospects for stronger demand pushed U.S. grains, precious metals and oil prices up sharply on Friday, but a broad commodities gauge finished the week down after losses in earlier sessions.
JOHANNESBURG, Aug 23- If South Africa's gold miners strike over wages next week, the loss of output will drag down companies already being crushed between rising costs and falling prices for the metal.
*China's PMI manufacturing data stronger. NEW YORK/ LONDON, Aug 22- Gold rose on Thursday as stronger Chinese manufacturing activity boosted its inflation-hedge appeal, but bullion's gains looked vulnerable as a better global economy and the U.S.
MOSCOW, Aug 22- Russia's No. 1 gold miner Polyus Gold, part-owned by billionaire Suleiman Kerimov, said it would write down the value of its assets by up to $480 million because of a steep fall in the price of gold.
TORONTO/ JOHANNESBURG, Aug 22- Barrick Gold Corp, the world's largest gold producer, on Thursday said it has agreed to sell three of its high-cost gold mines in Australia to Gold Fields Ltd for $300 million.
*Strikes are damaging for Africa's biggest economy. JOHANNESBURG, Aug 22- South Africa faced a strike wave across leading sectors of the economy on Thursday and the labour unrest threatened to hit its struggling gold industry, already squeezed by rising costs and falling bullion prices.
JOHANNESBURG, Aug 21- South Africa's National Union of Mineworkers said on Wednesday it would ballot its members this week on whether to go on strike after gold miners' wage talks stalled, raising the prospect of crippling stoppages in an industry in terminal decline.
*Gold producers, unions remain poles apart over wages. Gold mine stoppages would inflict more damage on Africa's largest economy, which is already losing $60 million a day to a strike by 30,000 workers in the car manufacturing sector that accounts for 6 percent of gross domestic product.
Mining stocks slipped on Tuesday, as weak earnings from BHP Billiton and Glencore Xstrata sent the sector lower. Analysts said miners were now the cheapest they have been in 30 years, and were set to bounce back when interest rates begin rising.
LAUNCESTON, Australia, Aug 19- Is Rio Tinto's dispute with the Mongolian government over the expansion of the Oyu Tolgoi copper and gold mine the signal that the nation's commodity boom is over, or is it just a hiccup?
*India increases gold duty again. SINGAPORE, Aug 14- Gold steadied on Wednesday after dropping more than 1 percent in the previous session, but worries over when the U.S. What would be extremely welcome is some clarity, "said analyst Dominic Schnider of UBS Wealth Management in Singapore."
*India increases gold duty again. SINGAPORE, Aug 14- Gold edged between gains and losses on Wednesday as investors fretted over the timing of the U.S. The drop was caused by strong U.S. economic data and further import curbs in top buyer India.
*India hikes gold import duty for 3rd time in 2013. LONDON, Aug 13- Gold cut some losses on Tuesday after U.S. retail sales for July came in below consensus, but remained under pressure from a stronger dollar and news of a new hike in Indian import tax.
Frank Holmes, U.S. Global Investors, and Stephen Schork, The Schork Report, have the latest play on the yellow metal and gas & oil prices.
LONDON, Aug 7- Highland Gold, a Russian gold producer partly owned by oligarch Roman Abramovich, will not be swayed from plans to develop its new deposits by this year's crash in prices for the precious metal.
Marcus Grubb, Managing Director of Investment, World Gold Council says rising demand from India and China will underpin a recovery in the price of gold.
Gavin Thomas, CEO of Kingsgate Consolidated, says the Australian mining industry is taking back control through cost-reduction and is returning to competitiveness.