- Pre-tax NPV of $1.5 billion with IRR of 60.4%;
- Life of Mine (LOM) projected average cash cost $1.76/lb Cu equivalent, or $1.52/lb Cu with other metals credited;
- Average annual net cash flow of $120 million for 31 year LOM; PUT Maoling Gold Project in the Liaoning Province in CGG NAME!.and CNG shares would not be for-sale if they did that on the deal! ..CNG OWNS 39% OF CGG!: China Gold International Resources Corporation buys a gold mine in Central Asia, and is reported to be looking at Canada Russia and Mongolia for its next targets.
China National Gold targets RMB 100-bln revenue in 2015China National Gold Group Corp aims to reap RMB 100 billion in sales revenue and RMB 7.5 billion in gross profits in 2015, said General Manager Sun Zhaoxue.
CHARTS: Russia seeks investors for 91 million ounces of in-situ gold
When looking at combined ounces in situ and ounces per square kilometre characteristics, the Borovoye occurrence, Malo-Tarinskoye deposit, the central part of Taryn ore field, Vodopadniy and Ayakhtinskaya zones, Karimshinskoye ore field, Ukuchikta, Dzhugadzhatskaya, Nainga and Idolovskaya areas presented in both of the top listings.
WAR DRUMS: Iran’s Ahmadinejad Orders Launch of 5 New Reactors, Navy Deploying Laser Weapon Near Iran. Kerry: “US Won’t Hesitate to Attack Iran”
Defiant Iran inaugurates 2 nuke projects
http://hosted.ap.org/dynamic/stories/I/IRAN_NUCLEAR?… n a final poll at the Second edition of the Dubai Precious Metals Conference (see video here) 63 per cent of delegates thought gold was heading towards $3,000 by 2014 Just when you think the US debt debacle can't get any worse, ratings agency Moody's warns it could downgrade the United States credit score before 2013. Moody's threat centers on if the US' fiscal or economic stance declines drastically.
rt.com/usa/moodys-downgrade-us-debt/Global Credit Research - In a final poll at the Second edition of the Dubai Precious Metals Conference (see video here) 63 per cent of delegates thought gold was heading towards $3,000 by 2014 !The Current Outstanding Public Debt of the United States is:
WE LIKE THE US 31 TRILLION $ LINK!
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