Gold Mineweb Daily News - August 29, 2012 -.

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TOP STORIES | Wednesday , 29 Aug 2012                                                      Harmony's Golpu: More than one mine possible as gold, copper reserves jump The results of pre-feasibility study released show significant increase in gold reserves at the group's Wafi-Golpu JV with Newcrest, the gold digger said on Wednesday.    Wednesday , 29 Aug 2012 Gold surrenders some gains ahead of Jackson Hole meeting Prices eased a touch on Wednesday and fell to $1,664.69 an ounce as investors took to the sidelines ahead of a key central bankers' meeting in Jackson Hole at the weekend.    Wednesday , 29 Aug 2012 Gold smuggling raises its head again in India Within a span of two months, India increased the import duty on gold almost four times this year, leading to increased smuggling of the precious metal, data shows.    Wednesday , 29 Aug 2012 Canadian PM's chief of staff accused of ethical breach involving Barrick Gold Nigel Wright, chief of staff for Canada's prime minister, finds his long-time friendship with Barrick founder Peter Munk and his son, Anthony Munk, under scrutiny for a possible ethics violation.    Wednesday , 29 Aug 2012 DRDGOLD enters new phase Niel Pretorius, DRDGOLD's CEO says the group has turned its focus to sweating assets and creating stability in a bid to avoid margin squeeze.    Wednesday , 29 Aug 2012 Paulson soothes skittish BofA investors about fund gold holdings Über hedge fund manager John Paulson has told nervous Bank of America managers and investors that his bets on gold will pay off, according to various news media reports.    Wednesday , 29 Aug 2012 Eco Oro shares plummet on Colombian mining agency decision A decision by Colombia's national mining agency calls into question Eco Oro's rights to some 1.9 million ounces gold on its flagship Angostura project.    Tuesday , 28 Aug 2012 Orezone tops 5 million ounces gold in Burkina Faso Orezone, a Canadian junior, added over a million ounces gold to its resources in West Africa.    Tuesday , 28 Aug 2012 Harmony Gold aiming for 1.7 million ounces South Africa-based Harmony Gold is planning to boost its gold production from 1.17 million ounces in its current 2012 financial year to 1.7 million ounces by 2016.    Wednesday , 29 Aug 2012 Kyrgyzstan abandons gold mining auction after protest Around 50 protesters stormed a live televised auction on Tuesday, disrupting attempts by the governement to attract foreign investors to its untapped mineral riches.    Tuesday , 28 Aug 2012

COMPANY RELEASES                                                      Terranova Minerals Reports Acquisition of 3 Million oz Gold Project in Mozambique Trafford Takes Stake in South American Gold Explorer Archer Reports Free Gold Recorded at Bartel Epithermal Prospect Obotan Gold Project Feasibility Study Demonstrates a Robust, Viable Project, Poised for Development Mundoro Stands Behind Decision of Shareholders Sumatra Copper & Gold plc Completes $3.78 million Subscription Agreement Energold Drilling to Hold Q2 2012 Results Conference Call on Aug 29, 2012 Gold Resource Corporation Declares August Monthly Dividend Deer Horn Provides Update on Airborne Survey Mundoro Thanks Shareholders for Their Support Emgold Commences 2012 Exploration Program Rozan Property Mega's Stepout Drilling Outlines Two New Mineralized Zones Coral Provides Robertson Project Update DRDGold Results for the Quarter and Year Ended 30 June 2012 Luiri Gold Receives Aerial Survey Results DRDGold Dividend for Year of 10 SA Cents Declared Kalimantan Gold Releases Half-Year Results 2012 Feasibility and Maiden Reserves Underpin Wa Gold Project Dampier Gold Reports Trident Resources Grows by 52,500oz