Glass Earth Gold Limited declared that it has entered into an option agreement to acquire a 50% equity interest in Exploration Permit 40 427 known as the Ophir prospect in Otago, New Zealand, with Ophir Gold Ltd, a private company. For full story, click here
The gold mining companies, which are members of the South African Chamber of Mines, AngloGold Ashanti, Gold Fields, Harmony Gold and Rand Uranium signed the 2009 wage agreements with unions representing gold sector employees bringing to conclusion the 2009 wage negotiations for the Chamber of Mines gold mining sector. For full story, click here
The directors of Atom Energy Limited declared the signing of a terms sheet agreement to acquire up to 100% of the interest held by Kalgoorlie Mining Associates Pty Ltd in the Kalgoorlie North Gold Project located in the Bardoc Tectonic Zone, in Western Australia. For full story, click here
China Nonferrous Metals International Mining Co Ltd, a subsidiary of the state-owned China Non-ferrous Metals Mining Corp, has inked an agreement to purchase a 19.9% stake in U.K.-based Chaarat Gold, as per a statement made by the latter firm earlier this week. For full story, click here
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation declared that Eldorado has amended its agreement with Gold Fields Australasia whereby Eldorado will acquire 57.9 million shares of Sino Gold Mining Limited in exchange for 27,824,654 shares of Eldorado, subject to certain adjustments. For full story, click here
Gold Summit Corp declared that it has signed an option agreement with Parker Mining Co covering 22 unpatented mining claims at Sugarloaf Peak, Esmeralda County, in western Nevada. For full story, click here
Unionized employees at Compania Minera Mantos de Oro in Chile, a subsidiary of Kinross, have initiated strike action at the La Coipa mine following unsuccessful collective agreement negotiations. For full story, click here
Canadian Gold Hunter Corp. has entered into a definitive agreement to acquire all of the issued and outstanding shares of Sanu Resources, Ltd. Based in Canada, both Canadian Gold Hunter and Sanu Resources are mineral exploration companies. For full story, click here
Australian gold explorer Gold Aura on Thursday declared that it had entered into an agreement to purchase an effective 60% stake in the Sao Chico gold property, in Brazil, in a move to protect its interest in the asset. For full story, click here
CMQ Resources Inc. declared that the Exploration Agreement with Option to Form a Joint Venture has been finalized between Montezuma Mines Inc., a subsidiary of CMQ Resources Inc., and C3 Resources Inc. on C3′s North Sleeper gold exploration project. For full story, click here
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