Crocodile Makes Two Gold Acquisitions
Reuters reported that Crocodile Gold (TSX:CRK) is buying two gold mines from AuRico (NYSE:AUQ) to increase production.
Reuters reported that Crocodile Gold (TSX:CRK) is buying two gold mines from AuRico (NYSE:AUQ) to increase production.
Reuters reported that Zimbabwe gold production has started slow this year, missing output targets.
Mineweb reported that Ghana sees full-year gold production increasing this year after a drop during 2011.
Reuters Africa reported that gold miners in South Africa stopped production for one day due to a strike.
Mineweb reported that New Gold (TSX:NGD) increased its year over year net earnings by 212%.
Mining Weekly reported that Allied Gold (ASX:ALD) reported a loss for 2011 despite increasing output last year.
Majestic Gold Corp. (TSXV:MJS,FWB:P5E) announced the results of its subsidiary Yantai Zhongjia Mining Company's quarterly production.
Bloomberg reported that the producer-price inflation rate in Ghana rose on increased gold prices.
Mining Weekly reported that Medusa Mining's (ASX:MML) half-year revenue fell, but the company is targeting 75,000 ounces gold production by the end of its full year.
Bloomberg reported that African Barrick Gold's (LSE:ABG) profit dropped in fourth quarter on increased costs and lower production.
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