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AUSTRALIA'S GYMPIE GOLD SET TO BOOK RECORD PRODUCTION IN MARCH.
BRISBANE, April 1 Asia Pulse - Gympie Gold Ltd's (ASX:GYM) Hunter Valley coking coal operation is hoping to book record production in March.
After five disappointing months mining the 100-year-old Greta seam in the Hunter Valley, Gympie Gold's 90 per cent-owned Southland Colliery has returned to full production after recent ground condition problems.
The problems mean the colliery will fall nearly 500,000 tonnes short of its original forecast of 1.5 million tonnes in 2002/03.
Production had ran at 40 per cent capacity since September but as of six weeks ago the junior miner had overcome its problems.
Run-of-mine production was on track to exceed 200,000 tonnes for March, an all time record for the pit, with similar levels predicted for April and May 2003.
Breakeven at the mine was 100,000 tonnes but from September 2002 to February 2003 the operation averaged 50,000 tonnes per month.
Mr Adams said the company had turned the corner since getting down to the floor of the seam after its "trials ...
- AUSTRALIA'S GYMPIE GOLD PLACES ITSELF IN VOLUNTARY ADMINISTRATION.
- News wire article from: Asia Africa Intelligence Wire December 30, 2003 700+ words
...Pulse - Australian coal and gold miner Gympie Gold Ltd (ASX:GYM) placed itself in voluntary...its major source of cash flow. Gympie Gold today said the fire which broke out...millions of ounces of gold reserves. Gympie Gold has a 90 per cent interest in Southland...
- Gympie Gold reports soft coal result in Sept qtr, gold better.
- News wire article from: Asia Africa Intelligence Wire October 24, 2002 700+ words
...BRISBANE, Oct 24 AAP - Mining house Gympie Gold Ltd today reported a disappointing September...better fortunes at its gold operation. Gympie Gold produced 177,000 tonnes of coal at...continue until December. One third of Gympie Gold's revenue comes from the gold it mines...
- Gympie Gold reports soft coal result in Sept qtr.
- News wire article from: Asia Africa Intelligence Wire October 24, 2002 700+ words
(From AAP News) Gympie Gold shares are one cent softer at 80...AAP - Gold and coal mining house Gympie Gold Ltd today reported a disappointing...000 tonnes less than budget," Gympie Gold said. The company said it also faced...
- GYMPIE GOLD LISTS IN LONDON, EYES EUROPE.
- News wire article from: Asia Africa Intelligence Wire December 8, 2003 700+ words
...col $min MELBOURNE, Dec 8 Asia Pulse - Gold and coal miner Gympie Gold Ltd (ASX:GYM) has listed in London, with a view to expanding...serve to increase significantly the liquidity of trading in Gympie Gold's securities on AIM," Mr Adams said. He said the placement...
- WRAP-Gympie Gold reports soft coal result in Sept qtr, gold up.
- News wire article from: Asia Africa Intelligence Wire October 24, 2002 700+ words
...BRISBANE, Oct 24 AAP - Mining house Gympie Gold Ltd today reported a disappointing September...better fortunes at its gold operation. Gympie Gold produced 177,000 tonnes of coal at...continue until December. One third of Gympie Gold's revenue comes from the gold it mines...
- Gympie Gold seeks to esten Qld gifle.
- News wire article from: Asia Africa Intelligence Wire August 6, 2002 700+ words
...6 AAP - A three-year $25 million Gympie Gold Ltd exploration program to begin this...Managing director Harry Adams said Gympie Gold had launched the multi-million dollar...the country it hopes the high grade Gympie gold, will ensure the goldfield becomes...
- AUSTRALIA'S GYMPIE GOLD PLANS SHARE PLACEMENTS.
- News wire article from: AsiaPulse News April 11, 2003 700+ words
MELBOURNE, April 11 Asia Pulse - Gympie Gold Ltd (ASX:GYM) plans to implement...equity issues, and to retain cash flow. Gympie Gold today said the proposal reflected the...restore a prudent level of cash reserves. Gympie Gold said the $A6.4 million ($US3...
- CREDITORS OF AUSTRALIA'S GYMPIE GOLD TO MEET IN SYDNEY WEDNESDAY.
- News wire article from: AsiaPulse News January 6, 2004 700+ words
MELBOURNE, Jan 6 Asia Pulse - Gympie Gold Ltd (ASX:GYM) creditors will gather...company. Australian coal and gold miner Gympie Gold placed itself in voluntary administration...Hunter Valley coal mine in NSW. The Gympie Gold board appointed Joseph Hayes and Murray...
- Gympie Gold posts $2.5 mln loss in 01/02 but on track long term.
- News wire article from: Asia Africa Intelligence Wire September 9, 2002 700+ words
...exploration, production and marketing company Gympie Gold Ltd has reported a net annual loss of...declared. The company, which operates the Gympie gold mine in southeast Queensland and the...Valley, NSW, as well as producing Gympie Gold gemstone for international sales, reported...
- Gympie Gold production at Southland Colliery down.
- News wire article from: Asia Africa Intelligence Wire September 19, 2002 700+ words
...AAP News) BRISBANE, Sept 19 AAP - Gympie Gold Ltd's Hunter Valley coal mine, Southland...extraction was slower than planned. Gympie Gold expected its September quarter production...longwall emerged from the current zone. Gympie Gold shares added one cent to 93 cents today...
Source: HighBeam Research, AUSTRALIA'S GYMPIE GOLD SET TO BOOK RECORD PRODUCTION IN MARCH.