Search Results for: gold+wa+ghana
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Stock gain gold (Barrick Gold Corp, Kinross Gold Corporation, Goldcorp Inc, Newmont Mining Corporation)
Barrick Gold Corporation (USA) (NYSE: ABX) added 0.41% to $ 46.20 at more than 6.12 million shares. Barrick Gold Corporation is engaged the manufacture and sale of gold and related activities such as exploration and mine development. Barrick also produces copper and hold interests in oil and gas properties located in Canada. The producing mines are concentrated in four regional business units: North America, South America, Africa and Australia Pacific. (more…) -
Kinross expects Tasiast bounty
Kinross gold mine in Alaska’s Fort Know. Analysts expect the total production in the Red Back in 2015 could double to around one million ounces. Kinross gold mine in Alaska’s Fort Know. Analysts expect the total production in the Red Back in 2015 could double to around one million ounces.The Tasiast mine in Mauritania has been host to one of the best gold discoveries in decades. But by offering more than U.S. $ 7 billion in shares and warrants for Red Back Mining Inc., Kinross Gold Corp. is betting that he will get much bigger. (more…) -
70 killed in mine accident Ghana
Nairobi / Accra – At least 70 miners were confirmed dead after a trench collapsed gold mine in central Ghana, local media reported Tuesday. The victims belonged to a group of small-scale miners who were trapped in the pit in the city of rain caused Dunkwa-on-Offin to the cave on Sunday. The rescue operation was hampered by a lack of earthmoving equipment, said the reports. (more…) -
Red Back Mining Q1 profit estimates lack
Canadian Gold Mining Company Red Back Mining Inc. (RBI.TO) posted a profit lower than expected quarterly, sending its shares down 5 percent. The company, which owns and operates the Chirano gold mine in Ghana and Tasiast gold mine in Mauritania, however, said the production profile is expected to increase during the second and subsequent offenses. For the first quarter, net income was 33.2 million, or 14 cents per share, compared to 25.3 million, a year ago. (more…) -
South Africa Gold Fields sticks to 1 mln oz/qtr target
JOHANNESBURG – South Africa’s Gold Fields, the world’s No. 4 gold producer, said on Thursday it still aimed to reach an output target of 1 million ounces a quarter, and could achieve this in 12 to 24 months. Chief Executive Officer Nick Holland told, the group would post a strong improvement in output in the current fourth quarter, compared with the third quarter during which the group had guided a lower number. (more…)