Mali Increases Sales Tax on Gold
Mining Weekly reported that the gold sales tax in Mali has been raised to 8%.
Mining Weekly reported that the gold sales tax in Mali has been raised to 8%.
Mineweb reported an interview with World Gold Council Managing Director Marcus Grubb on gold trends during Q1 2012.
Reuters reported that gold rose 1 percent following a gain in the euro.
Southridge Enterprises Inc. (OTC Pink:SRGE) announced assay results from Trench #7 at the Mexico-based Los Compadres project.
Montana Gold Mining Company Inc. (CNSX:MGM) announced the filing and highlights of a technical report on the Nevada-based Golden Trail property.
Bloomberg reported that Gold Fields (NYSE:GFI) lowered its production targets for 2012 due to technical difficulties.
Reuters reported that gold sales to Iran from Turkey increased to nine tons in March.
Bloomberg reported that increasing incomes in China may help it become the world's biggest consumer of gold.
Goldgroup Mining Inc. (TSX:GGA ; OTC:GGAZF) is a Canadian gold production and exploration company with assets in Mexico. Its flagship projects are the Caballo Blanco Project in Veracruz and the San José Project in Sinaloa.
Tomagold Corporation (TSXV:LOT) announced its acquisition of the Quebec-based Winchester property.
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