Lithium Corporation to start lithium mining exploration projects in Nevada Lake Valley. Lithium Corporation is a company responsible for exploration activities and development of lithium mines Lake Valley. The Company continues to search for lithium mine in Nevada. 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.
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Two of the largest gold mining company Anglogold Ashanti and Randgold Resources a joint venture to acquire 20 percent more shares Moto gold mining projects from Okimo. The funds will be issued by both companies to get the Moto gold mining stocks approximately $ 113.6 million. Read More…
Bjorkdal gold mine is a gold mine has long operated by Gold-Ore Resources. Mining company has been producing gold from both underground and open-pit operation at an annual rate of close to 40,000 oz / year. In addition to producing gold, Read More…
Egypt ASEC is Egyptian mining company that focuses on mining exploration. ASEC Egypt has made a deal to buy 10 percent shares of the company that holds the GMA Resource gold mining operation rights Algeria. The acquisition, Read More…
Wesdome Gold Mine plans to improve the performance of gold production in 2009. The company hopes to achieve gold production of 90,000 ounces of gold. In August, Wesdome has produced 80,000 ounces of gold reached the gold. Read More…
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 shareholder in the country’s largest diamond miner, Murowa, in which Rio Tinto has 78 percent shares.
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Caza Gold Corp. announces that it has entered into a formal agreement to purchase two gold exploration property packages located in Chihuahua, Mexico from Exmin Resources Inc.
The Company is purchasing Exmin’s 100% interests in 49 mineral properties totalling 47,433 hectares, known as the Moris Exploration properties, in the Moris gold district of western Chihuahua where Hochschild Mining plc owns and operates the 25,000 oz per year Moris open pit, heap leach gold mine.
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Gold prices rose sharply for six weeks, gold prices reached 10 percent. But gold mining shares declined. Analysts expect investors still doubt the gold price increase can last long, so the investors take a step to wait until the price of gold reached the highest prices and stable.
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Newmont Mining Corporation announced today the first gold pour at its Boddington mine in Western Australia. In addition, the Company has trucked its first shipment of copper concentrate from the mine to the port in Bunbury. The event marked the commencement of gold production at Boddington after the first production of copper concentrate in August. Read More…
