Articles filed in the category Newspaper.

Spain is on the way to being one of the biggest producers from gold at European level in 2010. It is foreseen to reach an annual production in the Spanish mines of 145.000 golden ounces with what Spain will turn into one of the biggest producers of gold of Europe. It is foreseen in the course of 9 years to extract in Asturias approximately 900.000 golden ounces and 100 million pounds sterling of copper, production that will generate income at the price of more than 700 million euros.
16-09-2010. Astur Gold resigns from the open sky and chooses for the underground development in Garden wall.
15-09-2010. Astur Gold asks for license to know the dimensions of the gold-mine of Salave.
15-09-2010. Astur Gold already has office rented in the town and he is employed at the diffusion of the project.
03-08-2010. Gold-mines in Salave (Asturias).
21-07-2010. Golden projects in Asturias.
15-04-2010. A Russian investor buys the mines of Salave (Asturias) 2 weeks before going out to bag.
25-02-2010. Asturias - After 40.000 kilos of gold of Garden wall.
23-01-2010. The fever of the gold returns to Asturias.
16-01-2010. Asturias - Orvana might pay 50 millions to Glen Eagle.
14-12-2009. The crisis gives sheen to the Asturian gold.
01-10-2009. The Canadian Orvana is done under control of the gold-mines of Rooms and Belmonte.

22-07-2010, I Avoid of Gold 2010 of the Spanish Red Cross.

1er Award golden Drawing 2010 to the number 27732 of the series 110 has distributed 110 kilos of gold, what is equivalent to approximately 3.276.900 Euros (distributed in Madrid).
The 2nd Award golden Drawing 2010 to the number 91424 of the series 110 has distributed 50 kilos of gold, what is equivalent to approximately 1.489.500 Euros (distributed in Madrid, also).
3er Award golden Drawing 2010 to the number 93018 of the series 003 has distributed 25 kilos of gold, what is equivalent to approximately 744.750 Euros (distributed in Madrid, also).
Also, 1.320 minor awards have been avoided, 10 % more than in the edition of the year 2009.
The organization has explained as well as the registered tickets will take part in the drawing of 6 trips to visit projects of International cooperation of the Red Cross.

The biggest producer of gold and the third one of copper of China, Zijin, there will buy for 498 million Dollars (approximately 332 million Euros) the Australian mine-layer Indophil Resources NL, which controls part of one of the biggest deposits of gold and copper of the Asian Southeast. The operation, which must receive the approval of the Chinese and Australian regulators, will allow to Zijin to do with 34 % of the project Tampakan, in the Philippine island of Mindanao. It is anticipated that the deposits of this project are provided with approximately 13.500.000 of tons of copper and 15.800.000 of golden ounces.

Other business that experience the same situation nowadays is the shops of “I buy gold”. In Las Palmas of Grand Canary there is a ten establishments that devote themselves to this sector. Some of his owners affirm that out of what it should be possible to think they are not doing his August in this epoch of crisis.

The financial crisis has shot the golden demand in Spain, where the precious metal is beginning skimping. The investors see his deposits being in danger immediately after the successive banks failures and come in mass to the investment of the gold making use of his value quality I shelter. The increase of the golden demand has stopped without stock to distribution commercial and big banks in Europe, which they have chosen to limit the quantity that it is possible to acquire and even to give delivery dates to 2 months.

The overwhelming demand of gold like investing refuge before the crisis of the international financial markets has driven to a scarcity of the gold in Germany. The bank and business-minded precious metals divisions have exhausted practically his stock of coins and golden ingots and they already do not take orders before the problems to obtain any more golden metal.

The Government of Ecuador impels a project of mining regeneration on the border with Peru to strengthen a Binational Plan of Development, announced the undersecretary of Environmental Protection of the Department of Mines and Oil, Lucía Ruiz.

Colombia will produce 41,5 tons of gold in 2008 and he hopes that the number more than should duplicate in 2019, there estimated on Tuesday the director of Mines of the Department of Mines and Energy.

The Chilean Commission of the Copper (Cochilco), he foresees investments concerning 21.600 million dollars in the mining of the gold and of the copper, in the period 2008-2012, according to a report of the state organism announced today.

The people look for protection in the gold opposite to the crisis. The current financial crisis has caused a strong demand of gold, value traditional refuge, as they testify the tails that there have formed lately opposite to ATS Bullion, British company dedicated to the commerce of precious metals.