Wednesday, 16th March 2005 (2726 views)

Mining firm Gold Platinum & Gold Inc (GPGI) has announced plans to start production of gold and platinum on a commercially profitable basis.

The company, based in Salt Lake City, Utah, is to begin constructing a plant and expects gross revenues of $1 million within its first six months of operations.

Plans follow pilot plant operations set up by the company, which proved successful and justified the setting up of commercial plants.

The company is also requesting membership on the National Association of Security Dealers (NASD) Over the Counter (OTC) Bulletin Board, which will help to attract new investors and retail market makers.

GPGI has projects including The Weaver Creek, The Oro Grande and Hassayampa, all situated near Phoenix in Arizona.

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.