Bullion Monarch Mining
Bullion Monarch Mining Inc. is a natural resource company that acquires mining properties to explore and develop. Bullion’s goal is to see the properties produce through joint ventures, leases, or sales. Bullion Monarch has recently undergone a reorganization and is now known as Bullion Monarch Mining, Inc. The company’s new trading symbol is BULM. Bullion believes it has excellent mining properties in Northern Nevada and throughout the Western United States. Newmont’s new, large Leeville underground mine and he East Ore Body Mine are currently producing royalty payments to Bullion. The company also acquired a 60% interest in EnShale, Inc. in 2005 (now 80%) in order to profit from the growing demand for oil by mining and processing oil shale into oil products. The Company currently has under lease 4,650 acres of oil shale property in the mahogany zone.
Bullion Monarch Mining meldet Rekordergebnisse
Die Einnahme aus den Tantiemen hat mehr als 12% im Q3 gewachsen, sagte Bullion Monarch Mining (OTCQB:BULM).
Die Firma hat Rekordergebnisse bekanntgegeben.
Für das Quartal per 31. Januar 2011, sammelte Bullion Tantieme-Zahlungen von Newmont Mining von $1,78 Millionen.
Dies entspricht eine 12,5% Erhöhung im Vergleich zum selben Zeitraum im Vorjahr.
Diese Tantiemen stammen von den Liegenschaften, die auf dem Carlin Trend in NO-Nevada liegen.
Bullion Monarch konzentriert auf Gold. Es hat auch Beteiligungen an Bauxit-und Schieferöl-Technologie.
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