Zijin Mining climbed 9.97 percent
China’s largest gold producer, Zijin Mining Group Co, surged 9.97 percent to 10.92 yuan after profit rose 20 percent. For full story, click here
Articles Tagged "profitable"
And they all fall down…
By Kishori Krishnan – Exclusive to Gold Investing News Stock markets are down and so is the price of the yellow metal. Gold fell for the second day in Asia, extending a monthly drop that may become the worst in more than 25 years. The reasons being cited – a stronger dollar and decline in [...]
GBS Gold in open pit of trouble
National Post reports with higher oil prices, open-pit mining is becoming very expensive and harder to be profitable. Investors got a good reminder of that fact this week from a small miner called GBS Gold International Inc. The stock lost two-thirds of its value after the company raised its cost guidance and warned that it may [...]
