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Brazil Invests Multi-Billion Dollar for Natural Resources in Africa
Brazil, South America’s largest economy, is riding the growing tide of investment in Africa.
In fact, it is boldly poised to edge out other newly emerging economies such as hina and India with multi-billion dollar investments in natural resources. In Africa, once remote regions of Mozambique are reportedly turning into boomtowns, bustling with migrant workers and [...]
Gold Fields Net Profit Increased To Reach $ 186 Million
Gold Fields is the largest metal producer in Africa. The company reported net profit of the company gained increasing to 1:41 billion rand ($ 186 million) in the second quarter. Increase in profits for the three months to reach 40 percent in the price of gold higher.
Metso to Supply Mining Equipment for Newcrest Gold Mines in Australia
Metso is a company that provides technology services and mining equipment, construction of the mine construction. Metso will supply equipment and technology to mine gold mining Newcrest Cadia Valley in New South Wales, Australia.
Southern Gold Increased Gold Mines Exploration And Drilling Activities In Kratie
Southern Gold Limited, a mining company that focuses on the exploration of gold mines, has announced a gold mining exploration plans with a high intensity in the region of Cambodia. Gold mine exploration plan is called “aggressive exploration program”. Increased intensity of gold mining exploration in Cambodia against the backdrop of many sources of gold [...]
Andes Gold Announced Found Gold High Concentrations in New Roman Mine
President of the Andes Gold Corporation gave a statement about the discovery of high concentrations of gold in New Roman Mine. It is estimated that gold production could reach 15% higher than initial estimate. Exploration activities continue to run, so far has resulted in 9 grams per tonne gold and every day is the expansion [...]
Gold Production From Burkina Faso Gold Mines Estimated In 2014
Canadian mining company Volta Resources conduct a feasibility study on a gold mine in Burkina Faso. It is estimated that a feasibility study will take between six to nine months. Production of gold from gold mines of Burkina Faso are expected to begin in 2014, because the new feasibility study will begin in the second [...]
China Gold Production Reached 313.98 Tons Increased 11.5 Percent
Official Xinhua news agency reported China’s domestic gold production increased year reached 313.98 tons increased 11.34 percent. China’s domestic gold production from the mine site located in the province of Shandong, Henan, Jiangxi, Fujian and Yunnan. Gold production from the five provinces to reach a total 59.48 percent of China’s domestic gold production.
Western Standard Metals Acquire 50 Percent Stake Vinasale Gold Mine Project In Alaska
Vinasale gold mine is a gold mine located in Mining District in central Kuskokwim McGrath, Alaska. Mining site is estimated to have mining potential large enough. Placer gold deposits associated with some of these intrusions and recorded a total production of 2.5 million ounces.
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.
