With gold hovering at $1300 per ounce and a consistently high Kiwi dollar, Montego Investments has pulled the plug on its Earnscleugh alluvial gold mine near Alexandra. Geoff Loudon who is the sole director of Mintago Investments admits there is still gold to be mined at the site but the operation is currently unprofitable.
The...
LINDSAY CLARK sat in on a presentation by GEOFF LOUDON, who chairs two small Kiwi mining companies, on mining investment.
Geoff Loudon is a prominent exploration geologist and Sydney-born international investor who has chosen to live in Christchurch. He is also chairman of the small New Zealand mining company L&M Mining and the...
