Articles Tagged "Allied Gold"

Allied Gold Limited: Commissioning of 120,000 Ounce Per Annum Gold Ridge Project

Allied Gold (TSX:ALG,ASX:ALD) anticipates wet and dry commissioning of the 2.5 Mtpa Gold Ridge process plant in February with first gold production expected in the March quarter.

New Guinea, New Gold

According to United States Geological Survey base estimates, Papua New Guinea has approximately 20 percent more extensive gold resources than Canada. Last year, gold production for the nation was only 65 percent of the total extracted in Canada. Projects in the area may be worthwhile for opportunistic bullish investors as demand for gold has recently pushed its price beyond the much vaunted $1300 per ounce threshold.

Australian Gold Companies to Command more ReSPecT

Following the most recent positive resolution of the Australian Resources Super Profits Tax debate from the perspective of gold producing, exploring and mining development corporations; it may be worthwhile for gold investors to explore the “land down under” for stocks that could provide strong relative valuations and interesting opportunities.

Australian Solomons Gold 100% Owned Subsidiary of Allied Gold

Allied Gold Limited ABN 86 104 855 067 (TSX:ALG)(ASX:ALD)(AIM:AGLD) reported that the company has compulsory acquisition of the remaining shares in Australian Solomons Gold Limited not already owned by it, pursuant to the Notice of Compulsory Acquisition Following Takeover Bid lodged with the Australian Securities & Investments Commission on January 13, 2010.Accordingly, ASG is now a wholly-owned subsidiary of ALD.

Allied Gold Closes C$150 Million Offering

Allied Gold Limited (TSX:ALG)(ASX:ALD)(AIM:AGLD) reported the completion of its previously announced public offering of 432,840,000 ordinary shares through a syndicate of agents led by Thomas Weisel Partners Canada Inc. and including Mirabaud Securities LLP, BMO Nesbitt Burns Inc., and CIBC World Markets Inc. The press release is quoted as saying: As recently announced by the [...]

Allied Gold Receives partial TSX Listing Approval

Allied Gold Limited (ASX:ALD)(AIM:AGLD) today announced that the company has received conditional approval from the Toronto Stock Exchange for the listing of its ordinary shares on the TSX. The press release is quoted as saying: Allied Gold is an Australian-based gold production company listed on the Australian Stock Exchange (“ASX”) and AIM, a market operated [...]