SEOUL, May 15 (Korea Bizwire) — South Korea’s state resources developers are gearing up for potential inter-Korean projects amid growing hopes for economic cooperation with North Korea following a landmark summit, sources said Tuesday. At the end of the historic summit in late April, the leaders of South and North Korea adopted a joint declaration [...]
TORONTO, May 14 (Korea Bizwire) — Greenland Resources Inc. (“Greenland Resources” or the “Company”) wishes to announce that it has engaged several engineering firms to investigate four alternatives to the Wardrop 2008 feasibility study (“2008 FS”), with the aim to improve project economics and reduce the construction timing. The most significant change to the 2008 [...]
NEW YORK, May 8 (Korea Bizwire) — Arbitrade Ltd. is happy to announce that it is rolling out with their long-awaited launch plans and starting to reveal their operational plans of the past couple years. Arbitrade will commence its mining operations with Hayden Gill from Coin Miner LLC as the company’s leading advisor and consultant. [...]
VANCOUVER, British Columbia, Dec. 19 (Korea Bizwire) — Sabina Gold & Silver Corp (TSX:SBB.T), (“Sabina” or the “Company”) is pleased to announce that Zhaojin International Mining Co., Ltd. (“Zhaojin International”) has agreed to purchase 24,930,000 common shares of the Company at a price of $2.65 per share for a total investment of approximately $66,100,000 in [...]
SEOUL, Sept. 5 (Korea Bizwire) — According to figures released by Statistics Korea, the production diffusion index for the mining and manufacturing industries in July was calculated at 48.8. The production diffusion index is a tool that takes all of the eighty sub-industries included in the mining and manufacturing industries and measures the types that [...]
SEJONG, Aug. 31 (Korea Bizwire) — South Korea’s industrial output rose at the fastest pace in six months in July on gains in cars and electronic devices, government data showed Thursday. Production in the mining, manufacturing, gas and electricity industries climbed 1.9 percent on-month in July, turning around from a 0.5 percent on-month drop in [...]
MIAMI, Aug. 15 (Korea Bizwire) — Hminers is delighted to announce the mega launch of three new products that will make cryptocurrency mining easy and efficient like never before. This Miami-based organization is one of the most trusted names in the cryptocurrency market with the distinction of creating the world’s first 10 nm ASIC Chip. [...]
SEJONG, March 31 (Korea Bizwire) – South Korea’s industrial output jumped at the fastest pace in nearly four years in February, government data showed Friday. Production in the mining, manufacturing, gas and electricity industries moved up 6.6 percent last month from a year earlier, marking the highest on-year gain since January 2013, when it posted [...]
DAEJEON, Aug. 24 (Korea Bizwire) – The Korea Institute of Geoscience and Mineral Resources (KIGAM) announced Tuesday that it had discovered a deposit of 211,283 tons of gold ore in Jindo and Haenam, South Jeolla Province, using newly-developed technology. According to the institute, the ore should account for 627.5 kilograms of pure gold, which at [...]
SEOUL, July 15 (Korea Bizwire) – “This is a city that was built on our sacrifices, and we won’t let poverty become the legacy for our children,” cried 53-year-old Bae Jeong-deok, reading a letter to the South Korean president during a protest held in Taebaek on Thursday. Taebaek is a city in Gangwon Province on [...]