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Friday
3 September 2010

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GOLD STORIES

[ 10539 Results - Showing Results 1 to 30 ]

Paulsens purchase paying off
(Thursday, 2 September 2010)

NORTHERN Star Resources has paid off $A4.35 million of the debt facility from the purchase of the Paulsens gold mine just one month after taking ownership of the Pilbara project.
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Healthy profit for Centamin
(Thursday, 2 September 2010)

GOLD producer Centamin Egypt has posted a net profit after tax of $US12.87 million ($A14.16 million) for the 2010 financial year.
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Third party could trump rivals in NQM bid
(Wednesday, 1 September 2010)

TAKEOVER target North Queensland Metals is hoping an unsolicited approach from a third party will lead to a superior offer and trump the takeover tug-of-war for the group between rivals Conquest Mining and Heemskirk Consolidated.
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Gryphon boosts Banfora
(Wednesday, 1 September 2010)

WEST African explorer Gryphon Minerals has unveiled an upgraded resource for its Banfora gold project in Burkina Faso and said there would be plenty more increases to come, as it continues its aggressive exploration at the project.
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Profit slump for Norseman
(Wednesday, 1 September 2010)

NORSEMAN Gold has posted an 85% drop in after tax profit for the 2010 financial year, but is concentrating on its goal of more than doubling production in the coming 12 months.
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West Wits sells Emerald
(Wednesday, 1 September 2010)

WEST Wits Mining has agreed to sell its Emerald gold project and Monarch resource in South Africa to its major shareholder Mintails for around $A7.27 million.
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Medusa posts record year
(Tuesday, 31 August 2010)

PHILIPPINE gold miner Medusa Mining has clocked up a record financial performance for 2009-2010 with revenues up 121% to $US94.6 million ($A106 million) and remains debt free.
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Intierra Spotlight on African gold
(Tuesday, 31 August 2010)

THIS week with Africa Downunder being held in Perth, we are putting the spotlight on drill results for gold from Africa in the last year. We have used as a cut off drillhole results with a grade greater than 2 grams per tonne and a grade width of more than 100 gram metres.
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Resource upgrade on the cards for Mungana
(Tuesday, 31 August 2010)

DRILLING results at the Red Dome copper-gold play in Queensland by Mungana Goldmines bode well for a potential resource upgrade.
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Flowsheet boosts recoveries for Tectonic
(Monday, 30 August 2010)

THE final flowsheet design for Tectonic Resources’ Phillips River polymetallic project in Western Australia has confirmed higher recoveries and concentrate grades.
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Gold One reins in losses
(Monday, 30 August 2010)

SOUTH African gold producer Gold One International has posted a gross profit before tax for the six months to the end of June of $A17.14 million on the back of revenue of $32.9 million.
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New Koongie supergene zone finds favour
(Monday, 30 August 2010)

DRILLING by Anglo Australian Resources on its Koongie property in Western Australia could have major ramifications for its development and hit the right chord with investors, with shares in the junior up nearly 21%.
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Kingsgate posts solid result
(Monday, 30 August 2010)

GOLD company Kingsgate Consolidated is forecasting production of up to 130,000 ounces for 2010-11 from its Chatree operation in Thailand.
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PNG gold miner posts $10M profit
(Monday, 30 August 2010)

PAPUA New Guinea gold producer Allied Gold has turned around a loss-making performance last year to post a net profit of $A10.2 million for 2009-2010 from revenues of $67.5 million.
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Forex losses hurt Resolute
(Monday, 30 August 2010)

AN unrealised foreign exchange loss of $A74.5 million has had a major impact on Resolute’s financials, resulting in the miner posting a $56.6 million loss for 2009-2010.
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NQM results soured by Pajingo costs
(Monday, 30 August 2010)

DEVELOPMENT costs at the Pajingo gold mine hit the full-year results of North Queensland Metals, despite the improved gold price over the year and a slight rise in production at the mine.
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Troy at a loss
(Friday, 27 August 2010)

JUNIOR gold producer Troy Resources has posted a loss for the 2010 financial year, but will double gold production over the next fiscal year when its Casposo growth project comes online next month.
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Silver Lake makes $11M profit
(Friday, 27 August 2010)

WESTERN Australian gold producer Silver Lake Resources has returned a profit after tax for 2009-2010 of $A11.78 million and boosted its cash and bullion reserves to $36.1 million.
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Lihir posts improved profits
(Friday, 27 August 2010)

PAPUA New Guinea gold miner Lihir Gold has posted profits after tax for the half year of $US142.5 million ($A160 million), up 17% from the $121.5 million recorded in the December half.
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Mining Briefs: Byrnecut, Batavia, Golden Rim and more
(Thursday, 26 August 2010)

A CONTRACT win for Byrnecut Australia, the acquisition of an iron ore property by Batavia Mining, more acreage in Burkina Faso for Golden Rim Resources, a submission by East Coast Minerals to start potash exploration at its Yaringa-1 project in Western Australia and an update on the sales process at Ero Mining’s Georgetown mine in Queensland were the main highlights of Mining Briefs today.
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OK given the nod for restart
(Thursday, 26 August 2010)

NORSEMAN Gold says it has reopened operations at its OK Decline, after the tragic death of a mine worker early in August.
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Cracow resource boost buoys Catalpa
(Thursday, 26 August 2010)

GOLD producer Catalpa Resources has reported a 21% boost to the resource at the Cracow gold project in Queensland.
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Tanami grows resource
(Wednesday, 25 August 2010)

GOLD producer Tanami Gold says the resource estimate for its Western Tanami gold operations has jumped 31% to 554,700 ounces.
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Mining Briefs: Integra, Bendigo, Hillgrove and more
(Wednesday, 25 August 2010)

EXPLORATION success for Integra Mining, Bendigo Mining and Hillgrove Resources, a new joint venture for Fox Resources, a reserve update for Norseman Gold and a court update for Highlands Pacific are the main leads in Mining Briefs today.
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Milestone for Crusader in Brazil
(Wednesday, 25 August 2010)

CRUSADER Resources has emerged from a trading halt this morning to announce a maiden 728,000-ounce resource for the Borborema gold project in Brazil.
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Mining Briefs: IMX, Western Plains, Blackthorn and more
(Tuesday, 24 August 2010)

THE start of road haulage at IMX Resources’ Cairn Hill project in South Australia, drilling progress by three juniors, an updated resource for Western Plains, a joint venture between Blackthorn Resources and Glencore, and top honours for Minotaur Exploration’s executive director of exploration from the country’s geological body are the main items in Mining Briefs today.
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Focus lifts profit guidance
(Tuesday, 24 August 2010)

COOLGARDIE gold producer Focus Minerals is expecting to substantially increase its annual net profit after tax to a range of $A10-11 million for 2009-10.
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Contractors eye golden dividend
Exclusively for Premium Subscribers
(Tuesday, 24 August 2010)

IRON ore continues to be the staple for contract miners fattening their order books. But there are signs of life in the open cut gold sector, most notably in the planned revival of a grand old project in Western Australia’s Murchison. The Metal Detective by Stephen Bell
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Profits up and debt down for St Barbara
(Tuesday, 24 August 2010)

THE turnaround story continues for St Barbara, with the company posting improved profits, reduced debt and extra cash in the bank for 2009-10.
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Mineral Deposits pushes ahead with demerger
(Tuesday, 24 August 2010)

GOLD producer Mineral Deposits is planning to spin-off its Sabodala gold mine in Senegal into a new Canada-based company to be listed in North America.
Full Story...

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