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Bullion Monarch Mining Income Third Quarter Report : Revenues Increased 49 percent, Increase Volume from Newmont Mining Operation
Precious metals royalty and resource development company, Bullion Monarch Mining announced record quarterly revenue of US$1.5 million for the company’s third quarter ended January 31, 2010, up approximately 49% from the same period in 2009.
The jump in revenues was due to increased grades and volume at the Leeville underground gold mine in Nevada’s Carlin [...]
Sasol Coal Mining Company to Build New Coal Mine Exports
Coal mining company Sasol has allocated R3,1-billion for the new export coal mine to replace the depleting Twisdraai operation.
The Thubelisha export coal mine, already under construction, will also supply Sasol’s synfuels factory in Secunda, in Mpumalanga province.
Sasol Mining’s output in the six months to December 31 was up 6%, but its profit of R170-million was [...]
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 [...]
Gold Price Rallies as Macquarie Raises 2010 Gold Forecast to $1,150
The price of gold has settled into a lower range after climbing into the all-time high of $ 1226 per ounce as gold prices and gold mining stocks have been facing the headwind of a stronger U.S. dollar. Correction recently gold prices have fallen $ 115 from the high-December 3 this morning for a low [...]
Virginia Mining Company To Start Drilling Gold Mine In James Bay, Quebec
Virginia Mining Corp. is a mining company that has spread outside the drilling area in the Quebec region.
In near future Virginia Mining immediately begin drilling a gold mine in James Bay, Quebec. This mining company will drill six holes in a gold mine with an estimated drilling time for six months, the total area of [...]
South Africa Gold Mining Company, Gold Resources Correct Number Of Mining Exploration Projects
Gold Resource plan the development of mining exploration projects in various countries. Development of mining exploration projects undertaken to increase the Goldstone mining exploration and production mining company. But any plan to develop the mining exploration projects must be approved by the largest shareholder Goldstrone, GeoQuest.
Exploration Future Of Coal Mine In Appalachia, EPA Removal Mountaintop Mining Permit
Contradiction of exploration of coal-mine and protection to area of still going on in location of exploration of coal-mine at Appalachian mine. Some few days ago is reported on that EPA as environmental protection institute, EPA has given agrees 42 coal minings destroying area to be removed.
Patriot Gold Corp. Acquisition Mining Exploration at Bruner Mining District
Patriot Gold Corp. today announced the acquisition of additional mining claims at its Bruner Project, located in west-central Nevada 45 miles northwest of the Round Mountain Mine. The company has increased its holdings from 22 claims to 56 claims and now controls the entire Bruner Mining District.
Kirk Land Gold Mining Exploration Review Mine Production and Future
Kirkland Lake Gold is an interesting story. In 2001, Quest Capital, a boutique mining finance company in Vancouver headed by Murray Sinclair and Bryan Bailey, had taken a hit on Brimstone Gold, which had unsuccessfully explored the historic Mayflower mine in Montana under the leadership of David Rovig.
