Lincoln Gold U.S. Corp., a subsidiary of Lincoln Mining Corp. has signed a Letter of Intent with ADGIS. Letter of Intent regarding acquisition of mining assets in the Imperial County, California. Mining assets include Cruz Oro gold mine. Payment of royalties from gold mining exploration worth U.S. $ 50,000 per year and will increase to U.S. $ 200,000 per year in the 7th year.
Read More….
Alexis mining company has started mining gold exploration projects in the Lac Pelletier Rouyn-Noranda, Quebec. Alexis mining companies have been doing the excavation of two mining zones of the four planned gold mine. Read More…
Kinross Gold, mining companies-Driven in Toronto, reported profits obtained from exploration and production of gold fell. Lowering profits for financing the expansion of higher gold mine. Expansion gold mines done because of the increase in gold prices.
Read More…
Small-scale mining companies are mining companies that have the potential to be developed well, and have a future with the most potential for growth. But the constraints faced by small-scale mining companies are funding to develop the mining exploration operations. To help small-scale mining companies, launched the Sector Investment Manager investment financing program for small-scale mining companies.
Read More…
Statistics South Africa reported the total mining production for the second quarter of the year increased by 4.5%, compared with the first quarter of the year. However, in June, the total mining production decreased 7.3%, with the gold mine production down 12.2% and production nongold down 6.4%.
Read More…
Sino Gold is targeting to launch as many as five gold mine to increase its Jinfeng, White Mountain and Eastern Dragon projects, may overtake India as the world’s top consumer of gold this year, the World Gold Council said on July 24.
Read More…
Sulliden Exploration Inc., a Canadian mineral-exploration company, aims to start its gold and silver mine in Peru in 2011, said Javier Fernandez-Concha, the company’s manager in the South American nation.
Read More…
Economic difficulty experienced in state Zimbabwe to result happened gold-mine production decline. Chamber of Mines Zimbabwe reports gold production in Zimbabwe the year 2008 experiencing decline 49 percent.
Read More…
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. Read More…
