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Metals and Mining Gold Mining

  • The Park County Environmental Council and Greater Yellowstone Coalition sued the Montana Department of Environmental Quality and Lucky Minerals, Inc. in state district court in Montana's Park County. Lucky Minerals was given approval to drill on private land in the Absaroka Mountains to assess its prospects for mining of copper, gold, silver and...

  • Scholastic Corp., down $2.72 to $35.79. Ash Grove Cement Co., up $235 to $520. Advanced Micro Devices Inc., down 33 cents to $13.41.

  • ATHENS, Greece— A Canadian mining company that is one of Greece's largest foreign investors said Thursday it would not suspend operations in the country as it had threatened to do earlier this month, after starting a "constructive dialogue" with the government. Vancouver- based Eldorado Gold said it was in talks with Greece's Energy and Environment Ministry, and...

  • *Spot gold was up 0.2 percent at $1,308.86 an ounce by 0044 GMT, after dropping to its lowest level since Aug. 31 at $1,304.10 in the previous session. *Bank of England Governor Mark Carney said on Monday that Brexit is likely to hurt Britain's growth prospects in the short term and push up inflation as the country adjusts to life outside the European Union.

  • Sept 18- Kinross Gold Corp, as expected, gave the go-ahead on Monday to spend more than $1 billion to expand two of its gold mines, including its Tasiast mine in West Africa, but its shares fell as investors took profits after a stellar run this year. Kinross okayed a second-phase, $590 million expansion at its Tasiast operation in Mauritania, which will help the...

  • TORONTO, Sept 18- Canada's main stock index rose in morning trade on Monday, with gains for its heavyweight energy sector offsetting losses among gold miners. Last week, Canada's competition watchdog said it would not challenge a proposed merger between the two companies. At 10:18 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 49.97...

  • LONDON, Sept 18- Connemara Mining's newly appointed CEO expects fresh drilling this month to kickstart projects in Ireland, where zinc and gold exploration has been revived by a recovery in commodity prices. Patrick Cullen, a geologist with experience at big resource companies including Schlumberger and AngloGold, returned to his native Ireland to become...

  • Sept 18- Kinross Gold Corp said it plans to expand two gold mines, including the second phase of its Tasiast operation in West Africa, spending more than $1 billion to boost output and lower costs. The Toronto- based miner said it will spend another $445 million to add five years of production to its Round Mountain mine in Nevada, currently scheduled to end in 2022.

  • *Spot gold may drop to $1,309/ oz- technicals. Sept 18- Gold slipped to its lowest level in over two weeks on Monday as the dollar and equities rallied, while prospects of monetary policy tightening in the United States ahead of a Federal Reserve meeting also weighed on the metal. "Further risk-taking appetite left gold prices in the dust," said OCBC analyst Barnabas...

  • Sept 18- Gold slipped to its lowest level in over two weeks early on Monday amid a firmer dollar, while prospects of monetary policy tightening in the United States ahead of the Federal Reserve's two-day meeting starting on Tuesday also weighed on the metal. *Spot gold was down 0.2 percent at $1,316.50 an ounce by 0052 GMT, after falling earlier to $1,315.10, its...

  • LONDON, Sept 15- Gold fell on Friday after a European Central Bank official called for scaling back the bank's stimulus programme and strong U.S. inflation data raised the prospects of another rate hike. ECB board member Sabine Lautenschlaeger on Friday made the most explicit call so far from an ECB policymaker for paring bank's 2.3 trillion euros...

  • ATHENS, Sept 15- Greece granted Canada's Eldorado Gold another permit for its Olympias mining project on Friday in an attempt to defuse tension with the Vancouver- based company which had threatened to halt investment in the country. Eldorado would be "in a position to re-assess its investment options in Greece," once it receives the required permit for the...

  • VANCOUVER, Sept 14- Canadian miner Eldorado Gold Corp's threat this week to freeze investments in Greece after years of frustrating and costly permit delays highlighted the risks the industry faces when it strays away from mining-friendly countries. From Indonesia and Tanzania to South Africa and Zambia, governments are demanding greater control over...

  • ATHENS, Greece— The Greek government entered a process of arbitration with a Canadian gold mining company on Thursday, days after the company threatened to suspend its investments in the country over what it said were delays in the issuing of permits. Vancouver- based Eldorado Gold had on Monday threatened to suspend all investments in Greece on Sept. 22 and...

  • HALIFAX, Sept 13- Canada's Trade Minister flagged "troublesome" permit delays for Eldorado Gold Corp in a letter to the Greek Minister of Mines and Energy earlier this year, Francois-Philippe Champagne told Reuters on Wednesday. After meeting with the company at the Toronto mining conference in March, Champagne wrote to say that Canadian companies expect to be...

  • ATHENS, Sept 13- Greek police fired tear gas at dozens of Eldorado Gold workers rallying outside the energy ministry in Athens on Wednesday to protest against potential job losses after the Canadian company threatened to suspend investment at its Greek mines. Eldorado Gold Corp announced the possible suspension on Monday, blaming delays in getting permits,...

  • ATHENS, Greece— A group of miners from northern Greece clashed with police Wednesday outside government buildings in Athens during a protest called after their Canada- based mining company threatened to suspend investments in the country. The miners from the Eldorado Gold mine in the Halkidiki region were seeking assurances for their jobs after Eldorado...

  • Sept 13- Australia's Newcrest Mining Ltd on Wednesday said it had restarted production at a second part of its flagship Cadia gold mine, which was damaged in an earthquake in April. Australia's largest independent gold miner said output had started in Cadia's' Panel Cave 1', with production there expected to return to normal levels by the end of next March.

  • *Greece says Eldorado must respect EU laws. ATHENS/ VANCOUVER Sept 11- Canada's Eldorado Gold Corp threatened on Monday to suspend investment at its Greek mines and development projects, blaming delays in getting permits for jeopardizing one of the biggest investments in Greece since the country's debt crisis. Eldorado said no additional investment would be...

  • ATHENS, Greece— Canadian mining company Eldorado Gold on Monday threatened to suspend a major investment in Greece in 10 days, accusing the government of delaying permits and licenses. One of Greece's largest foreign investors, Eldorado operates mines in northern Greece that have faced vehement opposition from parts of local communities on environmental...