Ghana Raises Taxes On Gold Mining Companies: Resource Nationalism
Ghana has increased taxes on miners hoping to extract more revenue from its gold resources. This trend of resource nationalism is considered business risk #1 for miners in 2011-12.
Articles Tagged "goldfields"
Helio Resource Infill Diamond Drilling on Porcupine Target Intersects 79m grading 3.1g/t AU
Helio Resource Corp. [TSX-V:HRC] reports the latest results from the 2010 diamond drill program at the SMP Gold Project in the Lupa Goldfields, Tanzania.
Helio Resources Reports Latest Drill Resutls on SPM Gold Project
Helio Resource Corp. (TSX-V: HRC) announced today first results from the 2010 diamond drill programme at the SMP Gold Project in the Lupa Goldfields, Tanzania.
Rye Patch Goal: Ten Million Ounces
Rye Patch has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory within 36 months. The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide.
Gold Price To Most Muscular Level
By Kishori Krishnan Exclusive To Gold Investing News Weakness in the U.S. dollar and rising oil prices gave gold another boost on Monday. Gold futures rose 1.2 per cent to end at their highest level in more than five weeks as a private-sector rescue of U.S. lender Cit Group raised economic optimism, pressuring the dollar [...]
Guyuana Goldfields declared closing of Second Tranche of Offering
Guyana Goldfields Inc. declared that it has closed the second tranche of its previously announced non-brokered private placement pursuant to which it has issued an aggregate of 1,727,273 units at a price of $2.75 per Unit to raise aggregate gross proceeds of approximately $4,750,000. For full story, click here
Gold Sector Punches Higher
By Kishori Krishnan Exclusive To Gold Investing News TSX, the main Canadian stock index closed at its highest level in seven months on Thursday, with energy and mining stocks all moving higher in a TSX trifecta that followed encouraging economic reports from the United States. The S&P/TSX financial group rose 2.6 per cent, the energy [...]
Central China Goldfields signed mining pact with CITIC Anhua
Central China Goldfields PLC. declared that it has signed a contract mining agreement with Beijing based, CITIC Anhua’s subsidiary Jiuquan Zhongan Mining Co. Ltd in respect of the Dong Mao Huo gold mine in Northern China. For full story, click here
Wescan Goldfields declared year end results
Wescan Goldfields Inc. declared the audited results of Wescan’s operations for the year ended December 31, 2008. For full story, click here
Carlisle Goldfields will acquire additional gold assets
Carlisle Goldfields Limited declared that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. For full story, click here
