The People’s Bank of China, equivalent to the Federal Reserve in the U.S., has been busy attempting to acquire gold bullion wherever it can find it, according to Michael Lombardi, lead contributor to Profit Confidential. Lombardi believes that China is helping to fund its gold mining companies with capital, which is enabling it to buy gold mining companies overseas, mine the gold bullion, and ...

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LIMA, Peru - The president of Newmont Mining Corp. said Friday that the U.S. company could halt investment in a major gold mining project in Peru's north if modifications sought by the government significantly affect its profitability.

The president of Newmont Mining Corp. said Friday that the U.S. company could halt investment in a major gold mining project in Peru's north if modifications sought by the government significantly affect ...

(Updates with details, quote) JAKARTA, May 3 (Reuters) - Indonesia's government willimpose an average 20 percent duty on 14 mineral ore exportsincluding copper, gold and nickel from Sunday, slightly lowerthan ...

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Lima, May 9 (IANS/EFE) Peru's gold sales totaled $2.57 billion in the first quarter of this year, making the commodity the country's top export, authorities said.

Some of the biggest international mining companies operating in Indonesia will be exempt from a new 20 percent tax on raw mineral exports, a minister said Friday.

Argentina has given mining companies Vale SA (VALE3) , Xstrata Plc (XTA) and Barrick Gold Corp. (ABX) 15 days to present plans to replace imports with goods manufactured in the country as its seeks to boost local industries.

Argentina has given mining companies Vale, Xstrata and Barrick Gold 15 days to present plans to replace imports with goods manufactured in the country as its seeks to boost local industries