Vancouver-based?China Gold Worldwide Sources Corp?(TSE: CGG; HKEx: 2099) released Saturday its economical and operational outcomes for the second one fourth and first 50 percent of 2014 and ?revised its 2014 yearly manufacturing assistance.Selected Production and Financial Highlights: Q2 2014 In comparison to Q2 2013Consolidated earnings of US$48.5 thousand for the second one fourth of 2014 decreased by US$33.1 thousand, from US$81.6 thousand for the same interval in www.rsgpfast.com.
Revenues from the Chang Shan Hao Gold My own of US$28.1 thousand (Q2, 2013: US$46.2 million) decreased by US$ 18.1 thousand due to a 35% loss of gold income and considerably decreased gold expenses.Revenue from the Jiama Copper-Gold Polymetallic My own of US$20.4 thousand (Q2, 2013: US$35.4 million) decreased by US$15 thousand due to a 27% loss of copper mineral product sales ?due to changes in market requirement.
During the three 1 month interval, the Organization was stockpiling the copper mineral concentrate until market requirement improves.Net earnings of the Organization of US$8.4 thousand for the three several weeks finished This summer 30, 2014 decreased by US$11.1 thousand from US$19.5 thousand for the three several weeks finished This summer 30, 2013.Gold manufacturing at the CSH My own decreased to 24,571 oz.
Revenues from the Chang Shan Hao Gold My own of US$28.1 thousand (Q2, 2013: US$46.2 million) decreased by US$ 18.1 thousand due to a 35% loss of gold income and considerably decreased gold expenses.Revenue from the Jiama Copper-Gold Polymetallic My own of US$20.4 thousand (Q2, 2013: US$35.4 million) decreased by US$15 thousand due to a 27% loss of copper mineral product sales ?due to changes in market requirement.
During the three 1 month interval, the Organization was stockpiling the copper mineral concentrate until market requirement improves.Net earnings of the Organization of US$8.4 thousand for the three several weeks finished This summer 30, 2014 decreased by US$11.1 thousand from US$19.5 thousand for the three several weeks finished This summer 30, 2013.Gold manufacturing at the CSH My own decreased to 24,571 oz.