Search Results

Red Back Mining Expects Increases Gold Production In 2010


Red Back Mining to develop gold mine site located in Ghana and Mauritania. The two gold mines, Chirano in Ghana and Tasiast gold mine in Mauritania. Red Back Mining expects gold production from two gold mines can be improved in the year 2010.

Australian Mining Company, Resolute Mining Increases Gold Mining Resource Extraction In Africa


Australia is the largest producer after China’s gold mines. Australian mining companies looking for sources of gold mines that have the potential to do exploration. Resolute Mining, one of Australian mining companies who have invested in gold mining project in Mali. Value investing has issued Resolute Mining on gold mining project in Mali $ 186 [...]

Ghana Earning Royalties and Corporate Tax From Gold Mining Companies


For centuries, Europeans stripped Ghana of its gold deposits to such an extent that in colonial times it was known as the Gold Coast.

South African Gold Mining Companies Expected to Report Improved Earnings on Strong Gold Price


South African gold majors would likely see improved earnings for the quarter ended March 31, 2009, as a result of the high gold price, irrespective of an increase or decline in production, analysts canvassed by Mining Weekly Online agreed on Monday.

Gold Mining Companies, Newmont Mining Gold Production Rises 81 Percent This Year


Gold mining companies are all set to hike their output in the coming months. In a new disclosure, Indonesian unit of Newmont Mining said its gold output will rise by 81 per cent this year.

South Africa Mining Company Joint Venture with Australia’s Aquila Resources


South Africa’s Scharrig Mining Ltd has formed a joint venture to develop coal mines and linked power projects in Botswana with Australia’s Aquila Resources and a firm headed by former Ashanti Gold chief Sam Jonah, Scharrig said on Monday.
Scharrig shares, which have surged 71 percent this year, jumped 5.88 percent to 22.50 rand by 0815 [...]

African Oil Exploration : Ghana enters oil age with wary eye on neighbours


Ghana enters oil age with wary eye on neighbours Find could bring wealth, but some fear petrodollars may hinder economic recovery.
For years the question has puzzled Ghanaians: surely, in a region awash with oil, their country had some black gold of its own? Last month they got their answer. Ghana does have oil, and lots [...]

Power Supply the Key to Investment in Ghana


LAST month’s business seminar in Johannesburg, hosted by the government of Ghana to coincide with the country’s 50th anniversary of independence, provided South African companies with an opportunity to learn first-hand about trade and investment prospects that extend beyond mining and exploration.
The seminar was attended by senior Ghanaian government officials and prominent business leaders such [...]

General Metals Update: Independence Mine Phase 1 Drilling Targets Identified to Define Open Pit Ore Reserve and Pave Way for Near Term Production


General Metals Corporation, The Company has identified its Phase 1 shallow drilling targets. The Independence Shallow Target and the North Target will be drilled in six discrete sections, which allows for an open pit ore reserve to be developed a section at a time. The first section to be drilled is on the Independence shallow [...]