Vinasale gold mine is a gold mine located in Mining District in central Kuskokwim McGrath, Alaska. Mining site is estimated to have mining potential large enough. Placer gold deposits associated with some of these intrusions and recorded a total production of 2.5 million ounces.
Strategic Mining Corporation plans to expand gold mining exploration areas in the U.S. and Vietnam. This mining company has completed negotiations to get some gold mining resources in the area of Nevada and Utah. Increased investment to get a new gold mine site aims to increase gold production in 2010.
Mexican court issued a temporary suspension order document mining exploration by mining companies Cerro San Pedro. Cessation of mining exploration of Cerro San Pedro affect the sale of shares of Canadian mining company New Gold on the Toronto Stock Exchange.
The increase in share price of New Gold mining company, climbed 45 cents, or 13 percent. Stock price increase is the largest stock price since May 12.
Gold Fields Ltd.’s biggest mine, Driefontein in South Africa, is producing at half its normal rate following an earth tremor on Dec. 7, the Solidarity labor union said.
“The night shift is not back yet, so they’re on half production,” Reint Dykema, a spokesman for the labor union, said by mobile phone today.
Excavations gold mine in Nevada by the gold mining company Barrick Gold Corp., Is in litigation. U.S. appeals court is doing environmental analysis of gold mining project in Nevada which is operated by Barrick Gold mining company. U.S. appeals court orders to delay the process of digging a gold mine with a depth of 2000 feet in the open at the mine site.
Jinshan 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. The proceeds will be used by Jinshan Gold Mines to pay the bill draft which was published in December, 2006 valued at CDN $ 30 million and promissory notes issued in June, 2007 valued at CDN $ 12.5 million.
Gold mining company, Yukon-Nevada Gold signed a contract with the developer in Jerrit Canyon mines, Nevada. Mining site to be operated about 50 miles from Elko, Nevada. Mines operated by the United States Queenstake Resources, the mining subsidiary of Yukon-Nevada Gold Corp..
Zoro Mining Corp. announces that it has effective December 2, 2009, completed the acquisition of a 100% legal and beneficial interest in and to approximately twelve property mineral exploration concessions covering nearly 2,900 hectares in a dry lake bed with inflow waters and subsurface brines known as the Piedra Parada Salar Project, and eight property mineral exploration concessions covering nearly 2,300 hectares targeting precious metals known as the Fritis Project, both located in Chile’s Atacama Region III.
