Russia’s Top Leading Gold Producer declared 14% Output Dip
Russia’s largest gold producer, Polyus Gold, declared that its gold output declined 14.4%, in January-June 2009, year-on-year, to 14.9 metric tons. For full story, click here
Russia’s largest gold producer, Polyus Gold, declared that its gold output declined 14.4%, in January-June 2009, year-on-year, to 14.9 metric tons. For full story, click here
Newcrest Mining Ltd, Australia’s leading gold mining company, declared fourth-quarter output declined 8.6 percent as output from its Cadia Valley operations dropped. For full story, click here
Sino Gold Mining, owner of China’s second-leading gold mine, declared second-quarter output of the precious metal jumped 51 percent to a record. For full story, click here
ATW Gold Corp. declared that it has agreed to purchase Kinbauri Gold Corp. in a stock deal valued at C$49.6 million to boost output. For full story, click here
Canada’s Jaguar Mining Inc. declared that its second quarter gold output jumped 24 percent sequentially, helped mainly by the re-start of leaching operations at its Sabara mine in Brazil. For full story, click here
Lihir Gold, the second-leading gold mining company on the Australian Stock Exchange, will take a one-time charge of as much as $350 million to cut the value of its Ballarat mine after slashing forecast output. For full story, click here
Olympus Pacific Minerals Inc. declared that the Company has completed the commissioning of the plant modifications at the Bong Mieu Gold Plant allowing the company to begin ramping up its production profile. For full story, click here
Global gold mining giant Randgold Resources declared that it has posted a 41% surge in quarter on quarter net profit to $13.1 million in the first three months of 2009 following increased output and a higher gold price. For full story, click here
Randgold Resources boosted net profit quarter on quarter by 41% to USD13.1 million in the three months to March 2009 on the back of increased output and a higher gold price. For full story, click here
Gold mining company Norseman Gold announced first quarter gold output and the average selling price both increased. For full story, click here
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