Junior miner jumps on record gold production
Jinshan Gold Mines (TSX: T.JIN) shares climbed 19% to $1.89 on Monday after the gold producer provided an update on the operations at its CSH Gold Mine in Inner Mongolia, China. For the month of September 2009, Jinshan poured 11,388 ounces of gold, which is a record high since the company began production in July 2007. This exceeds the previous production record of 8,525 ounces achieved in August 2009, and exceeds the design expectations of 9,000 ounces per month.
Guangzhou Global Telecom revenues increase 83%
Guangzhou Global Telecom Inc. (OTC Bulletin Board: GZGT), a mobile phone handset, pre-paid calling card distributor and provider of value-added mobile services in the PRC, reported $8,745,541 in 2nd Quarter revenues as compared to $4,789,850 during the same period ended in 2007, representing an increase of $3,955,691 or 83%.
