Nelson Gold profits from expansion of Jilau
Expansion of the Jilau gold mine in northwestern Tajikistan enabled Nelson Gold (NLG-T) to ring up $214,000 in profits (or 3 cents per share) in the first quarter, compared with $387,000 (5 cents per …
Nelson Gold Corporation Limited
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Nelson expands CIL plant in Tajikistan
London, England-based Nelson Gold (NLG-T) has boosted the capacity of its carbon-in-leach (CIL) plant at the Jilau gold mine in northwestern Tajikistan.The expansion, which raises annual throughput to…
Nelson sustains Tajikistani output
Nelson Gold (NLG-T) has maintained production levels at its partially owned Jilau gold mine in Tajikistan while decreasing its losses in the third quarter.The company is also a partner in the Taror co…
Conference to shed light on Russia, republics
A conference providing an overview of the Russian mining industry will be held from Oct. 28 to 29 at the Sheraton Centre in Toronto.Entitled “Mining in Russia and the Commonwealth States,” the confere…
LITERATURE REVIEW — Nelson’s first half marred by red ink
London-based Nelson Gold (NLG-T) suffered a loss of US$2.29 million (or US3 cents a share) for the 6-month period ended June 30, compared with a loss of US$1.69 million (US3 cents a share) in the same…
Nelson prepares to resuscitate Kalana
A feasibility study by Nelson Gold (NLG-T) calls for a 2-stage development program at the Kalana gold project in Mali, in preparation for a return to production.Ashanti Goldfields (AHD.U-T) holds an 8…
STOCK MARKETS — Golds and base metals help boost TSE above 6,400 — Base metal producers rise despite nickel’s fall
A single day of heavy trading, combined with solid performances by the base metal, gold and precious metal sub-indices, was sufficient to push the Toronto Stock Exchange index to 6,442.54 on May 27 –…
Nelson eyes suspended gold mine
In its first venture outside the Commonwealth of Independent States, Nelson Gold (NLG-T) is looking to acquire a majority interest in the suspended Kalana gold mine in Mali, West Africa.Nelson recentl…
ASIAN EXPLORATION — KWG develops gold mine in Russia’s far east — Production at Ametistovoe epithermal system slated for September
Montreal-based KWG Resources (KWG-T) plans to pour its first dore bar this September from its newly acquired Ametistovoe gold mine, now under development in the Kamchatka Peninsula of far eastern Russ…
STOCK MARKET — Toronto composite index recovers strength as index rises — Base metals fare well; signs of life on the Bre-X Minerals front
Rebounding from a 2-week slump, the Toronto Stock Exchange 300 composite index gained a healthy 111.82 points (or 1.9%) over the report period ended April 22 to close at 5,855.37. Due in part to the w…