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Bjorkdal Gold Mine First Quarter Operational Results


Gold-Ore is an international mining and exploration company with one operating gold mine and several gold and base metal exploration properties at various stages of development.
The Bjorkdal Gold Mine and the company’s exploration properties are all located in the safe, highly developed and mining friendly jurisdiction of Sweden. Bjorkdal, is currently producing gold from both [...]

Gold Mining Company Financial Results : Gold-Ore Successful Transition to Profitable Gold Production


Gold-Ore Resources Ltd. announces that it has released its financial results for the year ended November 30, 2009. The Company’s audited consolidated financial statements and management’s discussion and analysis for the year ended November 30, 2009 are available.

Canada Stocks Rise for Seventh Day on Gold Companies Profits


Canadian stocks rose for a seventh day, the longest rally in 11 months, as three of the country’s four largest gold producers by market value beat earnings estimates.
Barrick Gold Corp., the world’s biggest producer of the metal, gained 3.3 percent after announcing it will spin off its African operations. Kinross Gold Corp., the country’s third- [...]

Canada Stocks Fluctuate as Gold Mining Companies Slips, Energy Producer Rise


Canadian stocks swung between gains and losses as energy producers rose and gold mining companies fell as the precious metal retreated from a four-week high.
Canadian Natural Resources Ltd., Canada’s second-largest energy company by market value, advanced 0.8 percent after analyst Brian C. Dutton of Credit Suisse Group AG raised his rating on the stock to [...]

China to Invest Billions Dollars in Canadian Mining Company


One of the Asian economic superpower, China secretly increase investment in Canadian mining company. China investments through the purchase of Canadian mining company shares. China Investment Corp. already has a gold mining company shares Canadian Kinross Gold Corp. (K-T17.87-0 .68-3, 67%) and Potash Corp. of Saskatchewan, (POT T109.34-1-.71-1, 54%).

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 [...]

Eldorado Gold Increase Gold Production Reached 75 Percent in 2010


Canadian gold quarry companies, Eldorado Gold Corp. are planning an increase in gold production in 2010 to reach 75 percent. Production of gold produced by gold mining company Eldorado in 2009 approximately 342,820 ounces. In 2010 this mining company expects gold production to reach 550,000 to 600,000 ounces.

SouthGobi Energy Stock Offering To Raise $ 400 Million HK


SouthGobi Energy, mining company based in Vancouver, planning to increase sales of shares of approximately HK $ 400 million. SouthGobi Energy shares 80 percent owned by Ivanhoe Mines, the Canadian mining company, the remaining shares are owned by institutional investors and mutual funds.

India Globalization Capital Announces Two New Iron Ore Contracts Valued at $3 Million


India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded two new Chinese iron ore supply contracts valued at $3.0 million. The orders total 60,000 metric tons of medium-grade iron ore, or 56-grade.