Grand T G Gold declared that its revenue was HK$11.5 million for the three months ended 30 June 2009, dipped 82.4% year-on-year. Net loss was HK$20.7 million, compared to a net profit of HK$5.07 million last year. Loss per share was 0.84 HK cents versus earnings per share of 0.12 HK cents. The board does [...]
Gammon Gold Inc. declared that its 2008 profit was miscalculated and was about $10 million higher than previously reported. For full story, click here
Kirkland Lake Gold Inc. declared a surge in fourth-quarter profit and also posted a 45% surge in gold production during the quarter. Harry Dobson, chairman commented, stated: Expansion of the underground work force will continue over the next fiscal year and will ensure the Company is well positioned for a successful 2010 fiscal year in [...]
Gold producer Avocet Mining Plc declared that its annual pretax profit slipped 10 percent as lower output and higher costs outweighed higher gold prices. For full story, click here
Vancouver’s Rusoro Mining Ltd. declared its first quarterly profit in more than two years for the period ending March 31. For full story, click here
New Guinea Gold Corporation has recorded a profit of $26,005 for the first quarter of 2009, but available cash was reduced largely due to increased exploration expenditures. R.D. McNeil, Chairman and CEO, stated: With improved weather expected from the forthcoming dry season Vat construction, mining, crushing and consequently gold production are all expected to significantly [...]
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
Harmony Gold Mining Co., Africa’s third-leading producer of the metal, declared that third-quarter profit dipped 26 percent after the benefit of a sale in the second quarter wasn’t repeated. 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
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
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