Chinese Farmers Blocked Access to Australian Gold Mine
Chinese farmers have forced Australian-listed Sino Gold Mining Ltd. to halt operations at a mine in northeast China in a dispute over alleged water contamination. For full story, click here
Chinese farmers have forced Australian-listed Sino Gold Mining Ltd. to halt operations at a mine in northeast China in a dispute over alleged water contamination. For full story, click here
Sino Gold Mining Ltd., owner of China’s second-leading gold mine has planned to double production of the precious metal by 2012, helped by the commencement of new mines. For full story, click here
Sino Gold, which operates China’s second-largest gold mine, declared it aims to double gold production by 2012 to more than 400,000 ounces, and will reduce costs to $300 per ounce. For full story, click here
Following the surging production of several gold mining companies across the globe, Sino Gold Group has also come up with promising figures in its mines in China. 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
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation declared that Eldorado has amended its agreement with Gold Fields Australasia whereby Eldorado will acquire 57.9 million shares of Sino Gold Mining Limited in exchange for 27,824,654 shares of Eldorado, subject to certain adjustments. For full story, click here
Gold Fields, the world’s fourth-largest gold producer, declared that it had sold for $282 million its 19.9 percent stake in Sino Gold Mining Ltd. to Canada’s Eldorado Gold Corp. For full story, click here
It has poured the 1st gold at its White Mountain mine in China’s Jilin province. Jake Klein, chief executive of Sino Gold, said: The first gold pour is two months ahead of schedule and comes only 14 months after construction commenced and four years after the ore body was discovered. For full story, click here [...]
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