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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 [...]
AngloGold Ashanti Plans Focues Gold Mine Exploration in Columbia
AngloGold Ashanti plans building location of gold-mine for exploration activity of gold-mine in Columbia. To support exploration plan process of gold-mine, company does socialization at public residing in region plans development of gold mine.
Shanta Gold Mining Company Reported Chunya Gold Mine Project Discovery Gold Mine Resources
Shanta Gold announced Friday that a total in situ gold resource of greater than 845,000 ounces, at a cutoff grade of 0.0 g/t, has been delineated at its Chunya-Saza property in southern Tanzania.
Lake Victoria Mining Company Sign LoI With Kilimanjaro Mining Company To Establish a High Grade Gold Mine in Northern Tanzania
Lake Victoria Mining Company has entered into a non-binding Letter of Intent with Kilimanjaro Mining Company Inc. to establish a high grade underground gold mine in the world famous Lake Victoria Greenstone Belt.
Lake Victoria Mining Company Update Gold Mine Drilling at Geita Gold Project
Lake Victoria Mining Company is pleased to provide an update on drilling progress at its Geita Gold Project in northern Tanzania, about 80 kilometers west of the city of Mwanza.
Coal and Uranium Mining Company, Atomic Resources To Explore Coal Mine In Tanzania
Coal and uranium exploration company Atomic Resources has secured the concession rights to two new exploration locks covering the northern extension of the Ngaka coalfield in western Tanzania.
Africa Gold Mine Producer, Harmony Gold Mining Plans To Restart Dividend Payment
Harmony Gold Mining Co., Africa’s third-largest gold producer, plans to restart dividend payments in the next fiscal year after a hiatus of more than 55 months.
Lake Victoria Mining Company Reported Gold Mine Exploration at Kalemela Godl Project
Lake Victoria Mining Company, Inc. is pleased to provide an update of exploration activities at its Kalemela Gold Project in northern Tanzania.
Obtala Resources Permission to Add Location of Gold Mine Exploration
Obtala Resources said Tuesday that it has increased it’s gold exploration licence area within the world renown Lake Victoria Goldfields by a further 39.97km2.
