Gold – La Mancha Resources (TSX: LMA) announced Friday that it has entered into an agreement with Weather Investments II S.à.r.l. to purchase all outstanding common shares of La Mancha by way of a take-over bid at a price of $3.50 per share in cash.
Gold – Reuters Africa reported that La Mancha Resources (TSX:LMA) is planning higher gold production in 2012.
Gold – Last November, Sudan signed 10 agreements for gold and iron mining, as the African nation plans to more than double its gold output to 50 metric tonnes in the current year.
Gold Investing News reports gold has been rallying very cloce to the $1,000 mark. The yellow metal appeared poised to make a third assault on the $1,000 mark earlier this month. Some of the enthusiasm was fuelled by rising expectations of inflation following aggressive prime-pumping measures by the U.S. and other governments to keep their [...]
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