NewCrest is eyeing 40% Gold Output Hiked
Newcrest Mining Ltd is targeting a 40 per cent surge in gold output in the next five years as new projects come on stream and others are ramped up. For full story, click here
Newcrest Mining Ltd is targeting a 40 per cent surge in gold output in the next five years as new projects come on stream and others are ramped up. For full story, click here
Lihir Gold Ltd, the second-largest gold mining company on the Australian Stock Exchange, is seeking to sell its Ballarat mine in Australia after a review of the project indicated it couldn’t support bulk production. For full story, click here
Christopher James Gold Corp. has signed a Letter of Intent or LOI with Fortune River Resource Corp. on the Highland gold and silver project, a low-sulphidation gold/silver property in the Walker Lane gold trend of western Nevada. For full story, click here
Bear Lake Gold Ltd. declared additional results from the infill core drilling program on the Bear Lake gold zone of its 100% owned Larder Lake Project, located in north eastern Ontario. For full story, click here
Indonesian state-owned miner PT Aneka Tambang Tbk declared that it plans to spend $40 million to develop the newly-acquired Cibaliung gold project in West Java. For full story, click here
Apollo Gold Corporation declared that the Company has released its Huizopa project report written in compliance with disclosure and reporting requirements set forth in the Canadian Securities Administrator’s National Instrument 43-101, Companion 43-101CP and Form 43-101FI. For full story, click here
Lake Shore Gold Corp. declared results for six new holes and one wedge hole as part of its ongoing 22,000 metre diamond drill program at the Thunder Creek joint venture property, located immediately adjacent to Lake Shore Gold’s 100%-owned Timmins Mine project. For full story, click here
China declared that it is tightening its grip on Australian resources, with tin giant Yunnan Tin Group of China backing its Australian arm in the acquisition of a NSW gold project. For full story, click here
Orsu Metals Corporation declared the signing of a definitive sale and purchase agreement to sell its Varvarinskoye Gold-Copper Project in Kazakhstan to OJSC Polymetal. Dr Sergey V Kurzin, Executive Chairman of Orsu, stated: Proceeds from this sale will allow Orsu to focus on developing its exploration and growth assets with renewed vigour with a substantially [...]
Investors liked what they heard about the two new high-grade gold zones discovered by Alchemy Resources at its Hermes Gold Project, part of the Three Rivers Gold Project. For full story, click here
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