Bravo Venture Group Inc. (TSX VENTURE:BVG)(FRANKFURTL:B6I) announced today that the previously announced non-brokered common share unit placement and flow through private placements have been completed. The press release is quoted as saying: The company has closed a first tranche of the private placement consisting of 5,185,000 flow-through units and 6,062,921 non flow-through units for C$5,320,814. [...]
Hinterland Metals Inc. (TSX VENTURE:HMI) today announced that notable gold values were intersected in all 7 holes recently drilled on the Lockout gold project. The press release is quoted as saying: The property is located 100km due east of Quevillon, Quebec and is situated in the Barry-Urban Greenstone Belt 4km west of Eagle Hill’s Windfall [...]
Adventure Gold Inc. (TSX VENTURE:AGE) (the “Company”),today announced the acquisition of five gold properties along the Detour Lake Gold Break in the Haricana-Turgeon Belt, in Abitibi, Canada. The press release is quoted as saying: These properties are strategically located over 25 km on the gold break between the Detour Lake mining project (proven and probable [...]
New Guinea Gold Corporation (TSX VENTURE:NGG)today announced that the company to complete a non-brokered private placement pursuant to which the company will issue up to 41,666,666 common shares at a price of $0.12 per share to raise aggregate gross proceeds of up to approximately $5,000,000. The press release is quoted as saying: In connection with [...]
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) today reported that its Board of Directors has declared a dividend of US20 cents per share, payable on December 15, 2009 to shareholders of record at the close of business on November 30, 2009. The press release is quoted as saying: This dividend follows the US20 cents per share dividend paid [...]
Gold bounced back from its weakest level in three – weeks where as dollar took a breather on Tuesday. The demand spurred from bargain hunters. The news article is quoted as saying: Bullion has gained in the past two months to hit a record around $1,070 an ounce on Oct. 14 as declines in the [...]
South Africa’s top three gold producers earnings will drop sharply in the September quarter as Rand has gained 25 percent against the dollar. The firmer rand eroded the profits of these gold producers. The news article is quoted as saying Gold Fields and Harmony are expected to show earnings declines despite producing more gold. Click [...]
High River Gold Mines Ltd.(TSX:HRG) reported today that the Toronto Stock Exchange has granted notice and conditionally approved the listing of up to 150,000,000 common shares of the Company. This is in connection with a proposed private placement to Polenica Investments Limited, an affiliate of Troika Dialog Group. The press release is quoted as saying: [...]
Investors are focussed on updates on new mines. Strong gold prices may lead to robust third quarter results from Canadian gold producers.So, the fate of gold stocks continue at Bay street. The news article is quoted as saying Reports will kick off on Wednesday with a results from Agnico-Eagle (AEM.TO), one of several miners set [...]
Gold Reserve Inc., Canadian mining company is open to resolve its dispute with Venezuela over the Brisas gold mine. This development happened inspite of filing an international arbitration request against Venezuela to recoup billions of dollars in damages. The news article is quoted as saying The company filed an arbitration request against Venezuela last week [...]
Get our independent commentary on gold trends and companies delivered to your inbox.
