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Premier Gold Mine Discovers Two New Gold Mines in Northwestern Ontario


Premier Gold Mines announced the discovery of two new gold mines at Hardrock company in Northwestern Ontario Project. This new zone is within 200 meters from the surface and is located west and south of the previously mined zone at Hardrock, a joint venture with the Goldstone Resources in the Premier holds 70% interest. Initial [...]

AngloGold to Cut Production and Mining Exploration Cost In South Africa


Gold producer in South Africa is working to increase gold production to benefit from rising gold prices. But at the same time South African gold producers face problems of increase in labor costs. But this year, gold producers are planning a decrease of production costs and exploration of gold mines in South Africa.
AngloGold Ashanti Ltd., [...]

Gold Prices Rises, Profits of Gold Producers Barrick Gold Expected To Rise


Increase in gold prices affect producer profits in gold and gold mining company. One of the largest gold producer Barrick Gold Corp. reported profits in this year will increase sharply, as gold prices rose sharply. In previous years the company suffered a loss of $ 468 million. But this year, profits in the fourth quarter [...]

Focus Minerals Limited Announce Significant High-Grade Gold


Gold producer Focus Minerals Limited is pleased to provide an update on operations at the Company’s Coolgardie Gold Project, including significant high-grade gold intersections from the current round of drilling within the Tindal’s Mining Centre, Coolgardie.

Newcrest Mining Profit Rises 14% as Gold Price Gains


Newcrest Mining Ltd., Australia’s largest gold mining company, said first-half profit rose 14 percent because of higher gold prices.
Net income was A$176.2 million ($157 million), or 36.3 cents a share, in the six months ended Dec. 31, from A$154 million, or 33.6 cents, a year earlier, the Melbourne-based company said today in a statement. That [...]

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 [...]

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 [...]

British Columbia Ministry Of Environment Approved The Continuation Of The Gold Mining Project Operated By Taseko Mines Ltd.


Columbia government expects gold and copper mine run by Taseko Mines mining companies can proceed, because of this mining project is a significant contribution to the welfare of the people residing in mining areas.