Gold

MICHELAGOA traditional Chinese ceremony in July 2005 marks the transfer of the bacterial oxidation plant in the gold-mining town of Laizhou, Shandong province, to Aussie miner, Michelago. The pillars in the background represent wisdom. And the women are holding trays of flowers, each with a pair of scissors to cut the opening ribbon. The BacOx plant, the largest of its kind in China, processes third-party concentrates at a rate of about 150,000 oz. gold annually and is key to an impending merger between Toronto-based Golden China Resources and Michelago.

Golden China claws its way to production

A little known company that traces its roots to Hong Kong, is listed in Toronto, and is about to merge with an Australian firm that holds Chinese assets, has ambitions to become the largest foreign pr…


JINSHAN GOLD MINESConstruction of the boiler plant at Jinshan Gold Mines' CSH (217) gold project in Inner Mongolia, China. A feasibility study there envisioned a mine capable of producing about 117,000 oz. gold a year for the first nine years at a cash cost of US$253 per oz. The company hopes to start production by the end of 2006 or early 2007.

Jinshan Gold aims for year-end startup

Vancouver — Mine development is rapidly advancing at Jinshan Gold Mines’ (JIN-V, JINFF-O) Chang Shan Hao (217) gold deposit, in the northern Chinese region of Inner Mongolia, following completion of…


Tianshan confirms new discovery

Australian explorer Tianshan Goldfields (TGF-L, TGF-A), pursuing a drill program on its Gold Mountain property in the Xinjiang-Uygur autonomous region (historically, Turkestan), has intersected severa…



INTER-CITIC MINERALSTrenching at Inter-Citic Minerals' 391-sq.-km Dachang gold prospect in west-central China's Qinhai province. The property is situated near the headwaters of the Yellow River, some 350 km southeast of the regional centre of Golmud in central China.

Inter-Citic advances Dachang gold project

Toronto-based junior Inter-Citic Minerals (ICI-T, ICMTF-O) is making good progress in its third year of grassroots exploration at its Dachang gold prospect in west-central China’s Qinhai province….


McVicar goes shopping

Armed with around $2.8 million from a recent private placement, McVicar Resources (MCV-V, MCVRF-O) has picked up a group of Chinese gold and molybdenum properties….


Goldcorp posts stellar Q2

Vancouver — After digesting the producing Canadian assets of Placer Dome, Goldcorp (G-T, GG-N) has turned in a stellar second quarter with net earnings of US$190.4 million (US50 per share), almost d…







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