State-run MMTC Ltd, the country’s leading importer of gold, today announced that it will import 150 tonnes of the yellow metal during the 2009-10 fiscal. MMTC chairman and managing director Sanjiv Batra stated: We will import 150 tonnes of gold this fiscal. For full story, click here
The country’s leading lender, State Bank of India, will double the number of branches for retail sales of gold coins to 1,100 in the current fiscal to reach out to all important centres of the country. For full story, click here
Gold Fields Ltd. declared that its Q3 Fiscal profit have exceeded anticipations with net income of $157 million or 1.31 billion rand in Q1 2009 having doubled on account of better output and surging prices. For full story, click here
Greencastle Resources Ltd. declared the Company’s fiscal 2008 financial performance. Total royalty revenue for the year ended December 31, 2008, was $2,968,212 versus $1,620,243 for the year ended December 31, 2007, a rise of 83%. For full story, click here
High Desert Gold Corporation declared that it has released its audited financial statements for the year ended December 31, 2008 and the related management’s discussion and analysis of financial position and results of operations. For full story, click here
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