Search Results
Gold Mining Company Financial Results : Eldorado Gold Corporation Net Income $102.4 million, Gold Sales Increase 29 Percent
Gold sales up 29 percent; Cash Flow $0.38 per share; Earnings $0.26 per share.
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation, is pleased to report on the Company’s financial results for the fourth quarter and for the year ended December 31, 2009. Eldorado reported net income of $33.3 million or $0.08 [...]
Mine Development by Barrick Gold Temporarily Halt, Waiting Analysis Environments Results
Barrick Gold Corp.’s expansion of a Nevada mine must be halted until the federal government completes an environmental analysis to comply with an appeals court order, American Indian tribes said today.
An appeals court in San Francisco on Dec. 4 ordered U.S. District Judge Larry Hicks in Reno, Nevada, to limit production from the mine pending [...]
Soaring Gold Price Pumps Up Canada Miners’ Profit
Two Canadian gold miners reported a sharp jump in core profits on Wednesday, kicking off what promises to be a strong reporting period by gold miners on the back of the metal’s run to record levels last year.
Agnico-Eagle Mines and Iamgold both more than doubled their profit — excluding items — thanks the run up [...]
Investment For Gold Mining Stocks Rose In The Year 2009
Investments in shares of gold mining companies to show indications of improvement in the year 2009. One of the factors that support increased investment in gold mining companies, because there is a trend increase in the price of gold.
Gold Mining Company New Gold Reported Gold Production In The Third Quater 2009 Increased 16 Percent
New Gold Inc. today announced unaudited financial and operational results for the third quarter ended September 30, 2009. Gold production was 79,531 ounces in comparison to 68,801 ounces in the same quarter in 2008. Earnings from mine operations increased by 67% to $22.6 million from $13.5 million in the third quarter of 2008.
Mining Company Focus Mineral Reported Gold Mining Exploration Activities at Coolgardie Gold Mine
Focus Minerals reported mining exploration activities in the Coolgardie gold mine. Production of gold from the Coolgardie gold mines reached 21,900 ounces. Focus operates 49 mills of gold which had begun in April 2008.
Gold Producer Riozim Plans Increase Gold Production From 60 Kg To 80 Kg Per Month
Zimbabwean mining company RioZim plans to ramp up gold production to 80 kg a month from the current 60 kg at its Renco mine by the end of the year, the company’s managing director said on Tuesday.
RioZim, previously owned by Rio Tinto , operates Renco gold mine in southern Zimbabwe and is a 22 percent [...]
British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent
UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.
Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
