Chinese Mining Companes To Promote Clean Coal Technologies
10 Chinese coal producers have joined a UN program to promote the development and deployment of clean coal technologies. The move aims to reduce emissions and environmental pollution. But some analysts believe it will take a while for China to reduce its reliance on coal.
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November 15th, 2009
New Gold Inc. today announced unaudited financial and operational results for the third quarter ended September 30, 2009. Gold production was 79,531 ounces in comparison to 68,801 ounces in the same quarter in 2008. Earnings from mine operations increased by 67% to $22.6 million from $13.5 million in the third quarter of 2008.
Focus Minerals reported mining exploration activities in the Coolgardie gold mine. Production of gold from the Coolgardie gold mines reached 21,900 ounces. Focus operates 49 mills of gold which had begun in April 2008.
Kinross Gold, mining companies-Driven in Toronto, reported profits obtained from exploration and production of gold fell. Lowering profits for financing the expansion of higher gold mine. Expansion gold mines done because of the increase in gold prices.
Bjorkdal gold mine is a gold mine has long operated by Gold-Ore Resources. Mining company has been producing gold from both underground and open-pit operation at an annual rate of close to 40,000 oz / year. In addition to producing gold, 