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  • September 17, 2014
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  1. Global Green Tech turns to gold

    Posted Dec 16th 2009, 12:00am by Staff Reporter

    ... Isabella Steger Global Green Tech Group, a maker of biochemicals and environment-friendly cosmetics, industrial and household products, is diversifying its business by acquiring a gold ... Global Green Tech 80 per cent ownership of the gold mine in Yuanling county. The rest will be owned by Brigade 407 of the Hunan Geology and Exploration Development Bureau. Global Green Tech chief ...

  2. Gold miner shares rise as resources grow

    Posted Sep 08th 2010, 12:00am by Howard Winn

    ... Howard Winn Shares in gold miner G-Resources rose 10 per cent yesterday after the company announced an increase in the size of its resources at the Martabe gold and silver project in Indonesia. The recently completed drilling programme at its Ramba Joring deposit resulted in an inferred resource of 1.2 million ounces of gold and 5.2 million ounces of silver. The gold grades ...

  3. Mainland's Daifu sees gold in medical waste

    Posted Nov 01st 2010, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Daifu Waste Management Holdings, a medical-waste-disposal firm which counts Goldman Sachs as a shareholder, plans aggressive acquisitions as it looks to exploit the mainland's growing emphasis on environmental protection. Goman ...

  4. 3D-Gold gamble a glittering success

    Posted Jul 27th 2010, 12:00am by Charlotte So

    ... Charlotte So White knight Kennedy Wong Ying-ho, a seasoned rescuer of embattled listed companies, certainly has the Midas touch. Since 2008 when he bought 3D-Gold- the nearly bankrupt jewellery retailer famed for creating a golden toilet- at a deep discount, the value of the company's gold inventory has surged more than 200 per cent. 'It was a very tough call when we ...

  5. Gold miner expects better year ahead after posting HK$36.5m loss

    Posted Jun 18th 2010, 12:00am by Lulu Chen

    ... Lulu Chen Gold miner Grand TG Gold Holdings is expecting a turnaround this year after selling an under-performing computer division last November to focus on the precious metal. Net loss ... the first three to five years, it was normal for gold mining companies to be in the red. 'I'm not worried. Our plants in Taizhou are starting to have positive cash flow,' Lee said. ...

  6. Real Gold eyes growth after 407pc profit leap

    Posted Mar 09th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Real Gold Mining is seeking to acquire more mines after the Hong Kong-listed company saw net profit last year jump 407 per cent to 526.68 million yuan (HK$597.91 million) and revenue soar 224 per cent to 1.01 billion yuan. The huge rise in profit and revenue was mainly due to a ramp-up in gold output from the mainland company's three operational mines in Inner ...

  7. State gold miner enters US arena via HK backdoor

    Posted Feb 11th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih China National Gold Group Corp, the country's biggest producer of the metal, hopes to strike it rich in California like the prospectors of 1848. The state-owned enterprise, which produces 20 per cent of China's gold and controls more than 30 per cent of the nation's gold reserves, has indirectly invested in gold, silver, copper and iron mines ...

  8. G-Resources pumped by gold base at Sumatra mine

    Posted Jan 25th 2010, 12:00am by Howard Winn

    ... Howard Winn Owen Hegarty, the deputy chairman of gold miner G-Resources, is not shy when it comes to promoting his latest venture. 'I have not seen many of these opportunities in my ... G-Resources' one asset- the Martabe gold and silver project in northern Sumatra, Indonesia. G-Resources has a 50-year licence from the Indonesian government to mine the 1,639 square kilometre project- ...

  9. Rescued 3D-Gold to sell bullion to investors through Agricultural Bank

    Posted Nov 16th 2009, 12:00am by Eric Ng

    ... Eric Ng Jewellery retail chain 3D-Gold, once famous for exhibiting a solid gold toilet in its Hung Hom exhibition hall, has emerged from liquidation under new owners that plan to restore the brand to its former prominence. The restructured company, formerly Hang Fung Gold Technology, was acquired by Hong Kong Resources Holdings in July for HK$500 million. It has now teamed up ...

  10. Sifting investment gold from the dubious dross

    Posted Oct 14th 2009, 12:00am by Tom Holland

    ... or Tengzhong- is more likely to take over the world. Last week, I wrote a Monitor column pointing out that recent record gold prices are not quite as impressive as they might seem. In it, I suggested that the run-up in the gold price over recent months to US$1,064 an ounce can be attributed to the slide in the value of the US dollar, rather than to any exceptional strength in the gold market. ...




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