Vietnam Business News

South Africa’s gold output fell by 4.5 percent in November
Azerbaijan produces 1775 kg of gold, 1217 kg silver in 2011
Vietnam’s gold export estimated at 35-38 tonnes in 2011
Stronger auto market should help usher in higher prices for Platinum group metals
Marriage season in India swings demand for gold
Avion Gold adds heft to gold resource base
South African Gold production fell 4.5 % year on year
OZ Minerals lifts gold output in Q4
Randgold Resources expects to produce more than 270,000 ounces at Tongon gold mine in 2012
Silver Sun Corp to begin milling work at Cherry Hill gold mine

South Africa’s gold output fell by 4.5 percent in November

Posted: 22 Jan 2012 12:30 AM PST

South Africa’s gold output fell by 4.5 percent in volume terms in November while total mineral production fell by 4.6 percent compared with the same month last year, data showed on Tuesday. Production of non-gold minerals was down 4.6 percent, Statistics South Africa said.

Azerbaijan produces 1775 kg of gold, 1217 kg silver in 2011

Posted: 22 Jan 2012 12:24 AM PST

Azerbaijan produces 1775 kg of gold, 1217 kg silver in 2011

Vietnam’s gold export estimated at 35-38 tonnes in 2011

Posted: 21 Jan 2012 11:45 PM PST

Vietnam’s export for gold and its products (called gold) in 2011 was estimated at about $2.1 billion while the country’s import value from gold in 2011 was estimated at $1.9 billion, the local newspaper VnEconony cited leader of General Statistics Office (GSO), Le Thi Minh Thuy, as saying on January 3, 2012. Basing on the [...]

Stronger auto market should help usher in higher prices for Platinum group metals

Posted: 21 Jan 2012 11:30 PM PST

Expected improvement in the U.S. auto market should help usher in higher prices forPlatinum group metals, said HSBC.

Marriage season in India swings demand for gold

Posted: 21 Jan 2012 11:23 PM PST

Marriage season in India swings demand for gold

Avion Gold adds heft to gold resource base

Posted: 21 Jan 2012 10:56 PM PST

Avion Gold adds heft to gold resource base

South African Gold production fell 4.5 % year on year

Posted: 21 Jan 2012 10:52 PM PST

South African Gold production fell 4.5 % year on year (y/y) in volume terms in November while its non gold mineral production declined 4.6% y/y, said Statistics South in a report.

OZ Minerals lifts gold output in Q4

Posted: 21 Jan 2012 10:51 PM PST

OZ Minerals lifted gold output in the final quarter of 2011 while copper production fell but it still achieved full-year production in line with guidance. OZ Minerals produced 107,744 tonnes (t) of copper and 160,007 ounces (oz) of gold in line with guidance of 100,000t to 110,000t of copper and 150,000oz to 160,000oz of gold. [...]