Tag: Bullion Monarch Mining
Bullion Monarch Mining Inc. Continues to Earn Record Revenues
Mar/17/2010 | Under : Companies, Exploration, Gold Mine, Investment, Oil and Gas Drilling
Bullion Monarch Mining Inc., a precious metals royalty and resource development company based in the United States, is pleased to again announce record quarterly revenue of $1,501,769 for the company’s third quarter ended January 31, 2010. This substantial boost in revenue is the result of increased production both in grade and volume by Newmont Mining in the prolific Northeast Nevada Carlin Trend. This represents a year over year quarterly revenue increase of approximately 49% and quarterly earnings of about USD $0.01 per share.
Newmont Mining’s declaration of increased exploration and development in areas where Bullion Monarch Mining holds royalty interests, confirms the company’s internal position of growing royalty revenues from the area over the long term. (continue reading…)