Golden Star declared Record Quartely Gold Sales
Golden Star Resources Ltd. declared its unaudited second quarter results. For full story, click here
Golden Star Resources Ltd. declared its unaudited second quarter results. For full story, click here
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 [...]
Gold Fields Ltd., Africa’s second-leading producer of the precious metal, declared that it expects output to surge about 4% on the quarter in the final three months of the financial year, to bring it closer to its target of 1 million ounces a quarter. For full story, click here
New figures from the World Gold Council show demand for the precious metal surging 38% during the first quarter of 2009, compared to a year earlier. For full story, click here
Gold demand in India, the world’s biggest gold market, fell significantly by 83% in the first quarter of calendar year 2009 to just 17.7 tonnes as compared to similar period last year. For full story, click here
Avnel Gold Mining Ltd. declared a first quarter net loss of C$3.1 million or C$0.04 per share, compared to net income of C$0.2 million or C$0.03 per share in the prior year quarter. 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
MDN Inc. declared that the Tulawaka Gold Mine in Tanzania produced 20,493 ounces of gold during the first quarter ended March 31, 2009. Paul-A. Girard, President and CEO of MDN, stated: The fact that the underground operations at Tulawaka are still in development and therefore limit our access to known mineral zones explains the use [...]
Vancouver-based mid-tier gold-miner New Gold announced that it has sold 55 397 oz of gold in the first quarter of this year, at a cash cost of $513/oz net of byproduct sales. For full story, click here
Alamos Gold announced that it has produced 46,000 ounces of gold in the first quarter, more than it expected, and that it is on pace to produce between 145,000 and 160,000 ounces for the full year 2009. For full story, click here
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