Gold One International
Gold One International Limited (ASX: GDO) is a gold producer listed on ASX and JSE. Its flagship operation is the Modder East mine, also owning the nearby existing Sub Nigel mine, which is used primarily as a training centre in the build-up of Modder to full production. Its other projects and targets include Ventersburg the Free State goldfields and the Tulo concession in Mozambique.
Production for 2010 is targeted at between 85,000 and 100,000 ounces of gold at a cash cost of less than US$400/ounce. Reserve base of 1.36 million gold ounces and a total resources base of 13.66 million gold ounces.
Gold One International not affected by proposed Resource Tax
Dual-listed gold producer, Gold One International Limited (ASX/JSE: GDO) has replied to shareholder queries on the the Australian Government's proposed Resource Super Profit Tax.
In a statement the miner said "the underlying intention of the RSPT is the levying of tax on profits arising from the exploitation of non-renewable resources located in Australia."
Gold One, due to the company not having any operational projects in Australia, does not expect to have increased taxation charges as a result of the RSPT.
Other Gold One International articles
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19/05/10 Gold One International produces first tonne of gold at Modder East
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13/05/10 Gold One International in historic first gold pour in South Africa
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05/05/10 Gold One International on track for 150,000 ounces production in 2011
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05/05/10 US equity research firm bullish on Gold One International
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19/04/10 Gold One International completes first quarter of commercial production
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14/04/10 Gold One International positive on Ventersburg Project scoping study
Other Gold One International news
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31/08/10 Gold One International says Modder East processing "above expectations"
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24/06/10 Research house values Gold One International at $0.65 cps
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23/06/10 Gold One International executes term sheet for US$65m debt facility
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17/06/10 Gold One International reaffirms production guidance of 85,000 ozs in 2010
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27/05/10 Gold One International looks to Ventersburg as next flagship project
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19/05/10 Baker Steel Capital acquires 11.5m Gold One International shares
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23/04/10 Gold One International director tops up holding
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23/04/10 Gold One International reaches wage agreement with NUM
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13/04/10 Gold One International employees' strike enters fourth week
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06/04/10 Gold One International employees' industrial action continues
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