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  • August 2, 2014
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Results 1 - 10 of 27404 for gold mining

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  1. Real Gold Mining to price shares at top end amid strong demand

    Posted Feb 14th 2009, 12:00am by Staff Reporter

    ... Tim LeeMaster and Wong Ka-chun Real Gold Mining was expected to price its shares at the top of the indicative range and raise HK$1.03 billion in its initial public offering after ... billion in October last year. Real Gold plans to acquire mines in Xinjiang province with some of the proceeds of the share offering. The rest will be used for exploration and capital expenditure, ...

  2. News - China

    Largest gold deposit with HK$50.16 billion in proven reserves discovered in Xinjiang

    Posted Jul 30th 2014, 02:11pm

    ... Kathy Gao kathy.gao@scmp.com Finding located on border with Kyrgyzstan part of Hong Kong-linked firm's project Geologists have discovered the largest gold deposit so far in China’s northwest Xinjiang region, according to state media. The deposit, located in Ulugqat, on the border with Kyrgyzstan, has proven gold reserves of 127 tonnes, estimated to be worth more than 40 ...

  3. News - China - ZIMBABWE

    Chinese man in possession of ivory, gold and 33,000 rounds of ammunition arrested in Zimbabwe

    Posted Jul 24th 2014, 04:36pm by Agence France-Presse in Harare

    ... Broadcasting Corporation. State media reported he owned a gold mine in Harare. In recent years, Zimbabwe has seen an influx of Chinese nationals who own business interests in the construction, mining ... Agence France-Presse in Harare Wongai Huo, aged 51, detained in Harare after police discover processed ivory, 3 kilograms of gold and 33,000 rounds of ammunition at his office ...

  4. Business - Commodities - GOLD

    Low gold price spells lacklustre profit outlook for Zijin

    Posted Apr 11th 2014, 10:44am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Zijin Mining's key mine is yielding less as gold prices trend lower, adding pressure on the Fujian miner to maintain output with costly new projects Handed a double blow Zijin Mining, China's largest gold producer, is being hit by a lower gold prices and a decline in the gold content of ore at its mainstay mine. Analysts said that although ...

  5. Business - Economy - NORTH KOREAN ECONOMY

    Secretive and cash-starved North Korea quietly sells off gold: report

    Posted Sep 25th 2012, 10:16am by AFP

    ... million in China over the past year. “North Korea has been exporting not only gold ingots it had obtained from mines or stored in government agencies but gold trinkets it had collected from ... of a long-range missile. North Korea produces up to two tonnes of gold every year in mines, mostly in the northwestern provinces. The North is to convene its rubber-stamp parliament Tuesday in a rare ...

  6. Business - Commodities

    Bitten by the gold bug

    Posted May 10th 2013, 12:00am by Bloomberg

    ... Paulson, who had not made gold investments on that scale before, brought in experts to help him. Victor Flores, a senior mining analyst at HSBC, joined in November 2009. John Reade, a former mining ... Bloomberg John Paulson, who made billions in the 2007 US subprime mortgage crisis, is now losing huge sums after a wrong-way bet on the gold market Bitten by the gold bug On a conference ...

  7. News - World - SOUTH AFRICA

    South African police call off rescue effort after cave-in at illegal gold mine

    Posted Feb 17th 2014, 09:28pm by AFP

    ... Agence France-Presse in Johannesburg 11 Johannesburg miners brought to the surface but as many as 200 refuse help, fearing arrest Police call off rescue effort at illegal gold mine South African police have declared rescue operations at an illegal gold closed after 11 miners were brought to the surface. An unknown number of men, possibly as many as 200, remained underground, ...

  8. Business - Banking & Finance

    Gold mine scams point to trouble ahead, analysts say

    Posted Feb 10th 2014, 04:31am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Gold mine scams point to trouble ahead, analysts say Retired Chinese diplomats and non-existent gold mines have been linked to fraudulent ... and ambassadors with fictitious mines and the allure of 6 per cent monthly returns. The term Ponzi scheme was notably applied to the mainland's entire wealth management trust industry by Xiao Gang, ...

  9. Business - Commodities

    MMG gold mine closure to cost firm US$21.6m

    Posted Jan 24th 2014, 02:19am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com MMG hit by Laos gold mine closure MMG, the Hong Kong-listed overseas mining unit of state-run China Minmetals- the nation's largest metals trader- will book US$21.6 million of costs related to the ending of production at its gold mine in Laos which could have a significant impact on its bottom line. The one-off cost, arising from MMG's cessation ...

  10. News - World - MINING

    Chinese gold miners face many obstacles to doing business in Ghana

    Posted May 18th 2014, 06:26am by Amy Nip

    ... for the precious metal Ghana gold losing lustre A pickup sped through dense layers of tropical vegetation in Obuasi, a gold-mining region two hours from Ghana's second-largest city, Kumasi. Suddenly ... they will shoot you down," said Chen, who moved to Ghana from Changsha, in Hunan province, in 2002. Chinese have become the targets of criminals because of the fortunes they make from gold mining, he ...




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