Jinshan Gold Mines at China National Gold Company
December 13th, 2009 | Posted by sony | Category: Mining Company | No CommentsJinshan Gold Mines to get loans from the China National Gold Group. Value of loans approved for U.S. $ 40 million. Loan facility must obtain approval from the Toronto Stock Exchange.
Conditions interest loans given to Jinshan Gold Mines to 6% per annum accrued interest payable quarterly. Loans due and paid in December, 2011.
The proceeds will [...]
Argentina Underground Gold Mining in Gualcamayo
November 27th, 2009 | Posted by sony | Category: Gold Mining Industry, Mining Industry | No CommentsDrilling has found Gualcamayo could also have an underground mining operation. The expected minimum life of Gualcamayo is nine years and is expected to increase to 13 years as QDD Lower West reserves start contributing.
Gualcamayo gold mine is an open-pit heap-leach mine 270km from San Juan, Argentina. It consists of Quebrada del Diablo (QDD), Magdalena [...]
