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MENAFN - - 2/11/2013 10:02:44 AM

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DJ PRECIOUS METALS HIGHLIGHTS: Top Stories Of The Day

Feb 11, 2013 (Dow Jones Commodities News via Comtex) --
TOP STORIES:
Alacer Gold to Sell 49% Stake in Australia's Frog's Leg Mine

SYDNEY--Gold producer Alacer Gold Corp. (AQG.AU) said Monday it had agreed to sell its 49% stake in the Frog's Leg gold mine near Kalgoorlie in Western Australia state following a strategic review.

Sula Iron & Gold: Gold Minerals Confirmed at Blue Horizon License

LONDON--Sula Iron & Gold PLC (SULA.LN), an iron ore and gold exploration company focused on Sierra Leone, said Monday five target areas for hard rock gold mineralization have now been confirmed for follow-up exploration at its wholly owned 153 sq km Blue Horizon iron ore and gold exploration license in Sierra Leone that appear to host source areas of placer gold.

MARKETS:
Comex Gold Slides

NEW YORK--Gold slipped to a one-month low on Monday on worries that physical buying would slacken amid this week's holidays in major Asian markets.

- Write to Philip Georgiadis at philip.georgiadis@dowjones.com

(END) Dow Jones Newswires

02-11-13 1002ET


 






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