Gosowong Gold Output Drops 23%

SYDNEY (Yosefardi) – Gosowong gold mine in Halmahera, Maluku produced 71,227 ounces of gold in the quarter ended September 30, 2013, dropped by 23% from the previous quarter. “That was due to the scheduled mining of lower grade stopes in the Kencana and...

Martabe Gold Production Exceeds Target

HONG KONG (Yosefardi) – G-Resources Group Limited reported its Martabe mine in Indonesia has produced 209,000 ounces of gold and over one million ounces of silver in the 9 months to 30 September 2013, exceeding ramp-up expectations. The mine is on target to...