Tag: Burnstone Mine

Great Basin (AMEX:GBG) Implements IT Network for Sarbanes-Oxley Compliance

Great Basin Gold (AMEX:GBG) has implemented a new IT network from Cisco (Nasdaq:CSCO) to aid them in meeting standards set by Sarbanes-Oxley. Installing and fine-tuning the system to customize it for Great Basin Gold was Datacentrix, which provided the equipment and provided the initial network design. Great Basin Sandton network administrator, Arnold de Bruin, said, “The network design phase

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Great Basin Gold (Amex:GBG) Narrows Earnings Loss, Burnstone Mine Close to Generating Revenue

Great Basin Gold (TSE:GBG) (Amex:GBG) reported earnings today, and while still suffering a earnings loss, was able to improve to a C$5 million loss in the second quarter, compared with a C$14 million loss in the same quarter last year. Revenue also increased, rising to C$38 million, up from C$22 million in the second quarter of 2009. After a long period of time, the permanent grid power

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