Canada’s Eldorado Gold to acquire rest of Sino Gold Mining for $1.8B in stock

October 12th, 2009 Barrick buys Xstrata assets in Chile for $465MNEW YORK — Barrick Gold is snapping up mining assets with its excess cash, inking a $465 million cash deal to buy a gold and copper project from a unit of Xstrata. The Toronto-based company will acquire a 70 percent interest in a Xstrata Plc's El Morrow project, an advanced gold-copper project located in the Atacama Region in Chile.

October 9th, 2009 Former Los Alamos lab worker accused of theftLOS ALAMOS, N.M. — A federal grand jury has indicted a former Los Alamos National Laboratory worker on two charges after he was accused of trying to take radioactive-tainted gold worth $2,000 from the lab.

September 10th, 2009 KOCHI - With gold prices soaring across the country, bullion merchants, jewellers and even customers are a worried lot in Kerala. The disappointment looms large particularly in the context of the ensuing festival season.

September 8th, 2009 NEW DELHI - For the first time since February, gold prices crossed 1,000 dollars an ounce on Tuesday, as investors sought a safe haven due to the dollar's weakness and worries about the sustainability of the global economic recovery. India's gold demand normally rises between August and October, when consumers buy bullion for auspicious reasons to celebrate major festivals such as Dussera, Diwali and Dhanteras.

August 26th, 2009 Canada's Eldorado agrees to buy rest of Sino GoldVANCOUVER, British Columbia — Canada's Eldorado Gold Corp. said Wednesday it has agreed to swap about $1.8 billion in stock for all remaining shares of Australia's Sino Gold Mining Ltd., one of the largest gold mining groups in China.

August 26th, 2009 Idaho-based mining company defers dividend paymentCOEUR D'ALENE, Idaho — Hecla Mining Co., an Idaho-based silver and gold mining company, is deferring quarterly dividend payments to owners of all three classes of its preferred stock to conserve cash and comply with restrictions of a bank credit agreement. Hecla had arranged $380 million in credit facilities in 2008 to help fund the $750 million acquisition of the Greens Creek mine in Alaska from its larger rival, Australia's Rio Tinto.

August 26th, 2009 Hecla Mining defers dividend on preferred sharesCOEUR D'ALENE, Idaho — Hecla Mining Co. said on Tuesday that it would put off paying dividends on all three classes of its preferred shares because of restrictions in its loan and the need to conserve cash.

July 21st, 2009 SAfrica: 9 workers die in mining accidentJOHANNESBURG — A company says nine of its workers have died when the roof of the mine shaft they were working in collapsed and trapped them about half a mile (1 kilometer) underground in South Africa. Impala Platinum says the accident occurred Monday at 14 Shaft in Rustenburg, a platinum-rich town northwest of Johannesburg.

July 1st, 2009 US dollar mostly down in Europe, gold upLONDON — The U.S. dollar was lower against most other major currencies in European trading Wednesday.

June 2nd, 2009 Police say 61 miners found dead in South AfricaJOHANNESBURG — Police say the bodies of another 25 illegal miners have been brought up from an abandoned shaft where 36 others had been found dead over the weekend in central South Africa. Police are calling on relatives to help identify the 61 victims who died searching for gold.

April 30th, 2009 MUMBAI - Gold sales across the country zoomed 14 percent in value terms April 27, this year's Akshaya Tritiya, compared to the auspicious day last year, the World Gold Council (WGC) announced here Thursday. Akshaya Tritiya is an auspicious day according to the Hindu calendar for buying long-term assets like gold and silver, including ornaments made of the same, diamond and other precious stones, and real estate.

April 28th, 2009 Gold prices fall, close below $900 an ounceNEW YORK — Gold prices are lower as fears of a global swine flu pandemic rattle commodities markets. Oil and other metals have also fallen, while agriculture futures are up slightly.

April 23rd, 2009 Gold prices rise for 2nd straight dayNEW YORK — Gold prices are higher, closing above $900 for the first time in three weeks as investors move some money back into the safe-haven investment while stocks waver on Wall Street. Oil and grain prices are also up slightly.

March 3rd, 2009 MUMBAI - Gold was hovering around Rs.16,040 per 10 grams in intra-day trade Monday, an all-time trading price high, with consumers avoiding buying new gold and preferring to exchange old gold for new. Around 1:40 p.m., gold's April futures prices touched a high of Rs.15,968 per 10 grams at the Multi Commodity Exchange as the rupee continued to reign at over Rs.50 to the dollar.

February 16th, 2009 MUMBAI - Gold prices Tuesday zoomed Rs.360 to a record high of Rs.15,200 per ten grams in Indian bullion market on strong global cues and support from a weak rupee. The yellow metal continued its bull run at international markets also as investors kept buying gold amid worsening global economic outlook.