Shandong Gold-Mining Co Ltd

Type: Company
Name: Shandong Gold-Mining Co Ltd
First reported Sep 12 2014 - Updated Sep 12 2014 - 1 reports

SHANDONG GOLD MINING : Chinese Gold Industry Incurs Profit Decline

BEIJING , September 12 , SinoCast -- The China Gold Association revealed a profit decline of 64.86% from a year earlier for the Chinese gold industry in 2013, ending net growth for 11 consecutive years. In the year, 20.47% gold companies suffered from ... [Published 4 Traders - Sep 12 2014]
First reported Sep 11 2014 - Updated Sep 12 2014 - 1 reports

Gold firms still optimistic about overseas moves

Consumers in a jewelry store in Xuchang, Central China's Henan Province Photo: CFPChinese gold mining companies say they remain cautiously optimistic about potential merger and acquisition projects in the overseas market, even as a global gold price slump ... [Published Global Times - Sep 11 2014]
First reported Sep 05 2014 - Updated Sep 05 2014 - 1 reports

Zuma's lawyer was embroiled in Aurora

New evidence in the Aurora Empowerment Systems court case suggests President Jacob Zuma’s personal attorney Michael Hulley was far more deeply involved in the failed business than he has previously made out.Court documents suggest that Hulley was involved ... [Published Mail & Guardian Online - Sep 05 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

SHANDONG GOLD MINING : Plans to Buy Gold Assets

SHANGHAI , August 29 , SinoCast -- Shandong Gold Mining announces that it plans to buy gold-related business assets including gold producers' equities, support companies' equities and gold resources from Shandong Gold Group , Shandong Gold Nonferrous ... [Published 4 Traders - Aug 29 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

Motala said to have sought political favour

ENVER Motala, former lead liquidator of Pamodzi Gold’s mines, allegedly urged the politically connected directors of Aurora Empowerment Systems to overturn a notice from the Department of Mineral Resources suspending work at the Grootvlei mine for safety ... [Published BDlive - Aug 29 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Aurora: Zuma and Mandela had 'necessary political connections'

JOHANNESBURG – Former Aurora director Thulani Ngubane has explained the formation of Aurora Empowerment Systems in early 2009, saying Khulubuse Zuma and Zondwa Mandela's political connections were among the considerations when the company started out ... [Published ENCA - Aug 26 2014]
First reported Aug 21 2014 - Updated Aug 22 2014 - 1 reports

BRIEF-Shandong Gold Mining's H1 net profit down 68 pct on gold prices fall

Reuters  –Aug 21 (Reuters) - Shandong Gold Mining Co Ltd* Says H1 net profit down 67.75 percent y/y at 311.98million yuan(50.73 million US dollar)Source text in Chinese: http://bit.ly/1uZNHVrFurther company coverage:(1 US dollar = 6.1502 Chinese yuan ... [Published Yahoo! Malaysia - Aug 21 2014]

Quotes

...But if you look at the longer term, then gold does have a very important role to play, among other assets," Shishmanian told the Global Times, "Having a small portion of savings being gold is wise."
"The joint provisional liquidators have only themselves to blame for what ultimately transpired in regard to the acquisition by Aurora of the Orkney and East Rand mines falling through" he says

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All (10) | News (8) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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SHANDONG GOLD MINING : Chinese Gold Industry In... [Published 4 Traders - Sep 12 2014]
Gold firms still optimistic about overseas moves [Published Global Times - Sep 11 2014]
Zuma's lawyer was embroiled in Aurora [Published Mail & Guardian Online - Sep 05 2014]
MINING: The real Zama Zamas [Published Financial Mail - Sep 04 2014]
SHANDONG GOLD MINING : Plans to Buy Gold Assets [Published 4 Traders - Aug 29 2014]
Motala said to have sought political favour [Published BDlive - Aug 29 2014]
Aurora: Zuma and Mandela had 'necessary politic... [Published ENCA - Aug 26 2014]
BRIEF-Shandong Gold Mining's H1 net profit down... [Published Yahoo! Malaysia - Aug 21 2014]
Fact Sheet for Shandong Gold-Mining Co Ltd [Published Able2Act - Jul 04 2008]
Fact Sheet for Shandong Gold-Mining Co Ltd [Published Able2Act - Mar 18 2008]
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