Sudan to Export First Batch of Refined Gold

Source: Bullion Street (10/12/12)

"A month after opening its first gold refinery, Sudan is all set to export the first batch of refined gold, worth $5.6M, to an unknown destination."

A month after opening its first gold refinery, Sudan is all set to export the first batch of refined gold worth $5.6 million to an unknown destination.

According to Sudan news agency, Khartoum hopes to make up to $3 billion from gold exports this year, double the amount from last year.

The new refinery produces 300 kilograms of gold per shift, which amounted to $17 million under current prices.

In September, Sudanese president Omer Hassan al-Bashir inaugurated the country’s first gold refinery in a fresh bid to lift an economy still struggling from the impact of losing the oil-rich south last year. . . .View Full Article

Idaho Gold Project Could Produce One-Third of Critical Antimony for US
Source: Streetwise Reports (04/18/2024)

Perpetua Resources Corp.'s Stibnite gold project in Idaho is also expected to provide as much as 35% of the United States annual demand for the critical metal antimony. Find out why analysts are recommending this developer.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.

Field Work Points to Copper Porphyry at Idaho Asset
Source: Streetwise Reports (04/18/2024)

To prove this out, the Canadian company plans additional exploratory work, to commence next month. Read on to learn more about this compelling project.

Gold Co. Sets New Drill Targets for Mexican Project
Source: Streetwise Reports (04/18/2024)

Centenario Gold Corp., fresh off the results of its maiden drilling program at its Eden gold-silver property in Mexico, is outlining new drill targets across the property. At the same time, prices for the precious metal are taking off.

Franco Will Increase Production Without Cobre Panama
Source: Adrian Day (04/17/2024)

Global Analyst Adrian Day looks at first-quarter results from three resource companies, as well as recaps Francos annual "investor day." Overall, he believes the results were positive.