More delay at Oyu Tolgoi as financing deadline lapses

Having trouble viewing this email?  View online Gold News Digest Monday 6 October 2014 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver More delay at Oyu Tolgoi as financing deadline lapses The underground portion of the Oyu Tolgoi copper-gold complex is no closer to fruition, after the parties behind the US$5 billion operation let a Sept. 30 financing deadline lapse without applying for an extension. read » Unreserved Mining Auction- Complete Dispersal Sponsor Digest Post Cat Auction Services is hosting a live auction for the complete dispersal of Chevron's Questa mine. The auction will take place on Wednesday, October 22, 2014 and Thursday, October 23, 2014 at 9:00 am MDT. While most of the items up for auction are mining, there will also be heavy equipment, motor vehicles, agriculture and parts, attachments and shop tools. This is an unreserved auction, so there are no minimum bids or reserve prices. If you can't make it onsite to bid, no worries, we have online bidding. For the full auction equipment inventory visit, www.catauctions.com. Precious metals market report by Alasdair Macleod, GoldMoney, Head of Research Precious metals have faced adverse weather as evidence mounts that major economies may be sliding into recession. read » Former Barrick chief buys Iamgold mine This is the first asset Aaron Regent's private equity firm acquires, after failing to buy Glencore's Las Bambas copper project in Peru. read » Gold, silver, oil collapse after jobs report US dollar at a four-year high versus the Canadian dollar. read » Gold prices hurting miners? Throw Ebola into the mix Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease. read » Blockade lifted at Freeport Grasberg mine in Indonesia Operations, however, won't resume until at least Oct. 7. read » Mine Project Economics Sponsor Digest Post The upcoming Mine Project Economics webcast is for anyone involved in carrying out mine valuations or who wishes to understand mine valuations done by others. Dr. Dunbar will provide instruction in the fundamental aspects of the valuation of mining projects with particular emphasis on the models used for valuation, uncertainties in the input to these models, and the role of the models in decision-making. For more info or to register, see the course page. 18 killed after illegal gold mine collapses in remote central Indonesia, officials say Eighteen people have been killed after an illegal gold mine collapses in remote central Indonesia, a local search and rescue official says. read » Will Friday's labor report save gold and rescue silver? The gold price fell to a nine-month low and silver dropped to its lowest level in more than four years as the strengthening dollar and the lack of concern over ongoing geopolitical trouble spots continue to pressure precious metals. read » Precious metals to face more body blows There is more downside ahead and bulls should continue to stand aside before a favorable buying opportunity emerges. read » Nevada's newest gold miner Emerging producer Midway Gold has hit the trifecta with a trio of advanced-stage projects poised to add to Nevada's gold-mine tally. read » Featured Mining Investment Opportunity view more » Read more Gold news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 | cem@infomine.com. Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "Gold News Digest". You may unsubscribe at any time. The information contained in “Gold News Digest” is collected from a variety of sources on a “best intentions” basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose. Any information presented in “Gold News Digest” is not a solicitation to purchase or acquire any securities. Use of this service is an acceptance of this disclaimer. Visit our web site to read our complete disclaimer.