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Australian Gold Mine Producer, Medus Mining Increase Funds To Gold Mine Exploration Project
Australia’s Medusa Mining, Ltd. has allotted more funds this year to explore adjacent areas in its gold mine in northeastern Mindanao, following the discovery of a new gold prospect.
In a disclosure to the Australian bourse, the miner said yesterday that around A$17 million would be spent for exploration projects in the fiscal year 2009-2010 that [...]
Mining Company, Alamos Gold Reported Increase Gold Mine Production 40 Per Cent
Alamos Gold Inc. (TSX:AGI) said yesterday it earned US$29.4 million in 2008 as the company increased gold production by more than 40 per cent.
Citigold Plans Provide Acces To Gold Reef Mining Areas Significant Increase In Gold Mining Production
Citigold has advised that the advancement of the western decline will provide the planned access to additional gold reef mining areas from the current workings. These reefs are the Imperial reef and the Sons of Freedom reef.
Goldcorp Reported Record Gold Production Increase 7% in Fourth Quarter
Goldcorp Inc. today reported record gold production of 691,800 ounces for the quarter ended December 31, 2008. Reported net earnings amounted to $958.1 million in the quarter, or $1.31 per share,
Rusoro Mining Announce Report Gold Mine Production for Q4 2008
Rusoro Mining Ltd. (”Rusoro” or the “Company”) is pleased to report that it has reached record quarterly gold production (38,868 ounces) in Q4 2008 and record low cash costs (US$358 per ounce) for the same period at the Choco 10 operations
Condition Of Commerce Of Mining Exploration Sector, Gain Of Massey Merger On US Coal Mine Exploration
Taker over mine company Alpha Natural Resources Inc. by Cleveland-Cliff equal to $10 billion is an the biggest acquisition process in coal industry.
While the worldwide bear market slowed mergers and acquisitions by 35 percent in the first half of the year, takeovers of energy and mining companies jumped 33 percent so far this year as [...]
Golden Cycle Gold Corporation joint venture with AngloGold Ashanti
Golden Cycle Gold Corporation is pleased to announce the completion of the Mine Life Extension Pre-Feasibility Study at the Company’s 33% owned joint venture with AngloGold Ashanti (Colorado) Corporation, the Cripple Creek & Victor Gold Mining Company (”CC&V”). The successful completion of the study moved the mine life extension project into the formal feasibility [...]
Montoro Acquires Cup Lake/Donen Uranium Deposit
International Montoro Resources Inc. (”IMT”) (TSX VENTURE:IMT – News; FWB:O4T) is pleased to announce it has entered into a Property Acquisition Agreement that facilitates IMT’s acquisition of a 100% interest in the Cup Lake/Donen Uranium deposit located in the Greenwood Mining Division in south-central British Columbia.
Previous exploration programs outlined two mineralized areas at Cup Lake/Donen.
Montoro Acquires Cup Lake/Donen Uranium Deposit
International Montoro Resources Inc. (”IMT”) (TSX VENTURE:IMT – News; FWB:O4T) is pleased to announce it has entered into a Property Acquisition Agreement that facilitates IMT’s acquisition of a 100% interest in the Cup Lake/Donen Uranium deposit located in the Greenwood Mining Division in south-central British Columbia.
Previous exploration programs outlined two mineralized areas at Cup Lake/Donen.
