By Kishori Krishnan Exclusive To Gold Investing News Are mining mergers back in the fray? Crocodile Gold Inc has reportedly arranged a $35 million syndicated equity financing related to its plan to merge with Franc-Or Resources Corp (TSX:FOR) and develop mining assets in Australia. Crocodile Gold is a private Canadian company that recently completed the [...]
Luna Gold Corp. declared that it has hired Duane Lo as the Company’s new Chief Financial Officer. Jim Bahan, Luna’s President and CEO, commented: Mr. Lo is a welcome addition to Luna’s executive team. His experience working in the finance department of an extremely successful mining company such as First Quantum Minerals Ltd. will be [...]
Gold Fields Ltd., Africa’s second-leading producer of the precious metal, declared that it expects output to surge about 4% on the quarter in the final three months of the financial year, to bring it closer to its target of 1 million ounces a quarter. For full story, click here
Zimbabwe, the country with 1,00,000 per cent inflation, is now looking to its gold mines to rescue it from the financial mess. For full story, click here
Plato Gold Corp., an exploration company with a portfolio of properties in significant gold mining camps in Northern Ontario, Northern Quebec, and Santa Cruz, Argentina declared the three months financial results for fiscal 2009 and 2008. For full story, click here
Ivanhoe Mines Ltd. declared its results for the quarter ended March 31, 2009. All figures are in US dollars, unless otherwise stated. For full story, click here
New Gold Inc. declared Q1 2009 Financial results with net earnings of $12.1 million or $0.06/share growing by 23% against $9.8 million or $0.13/share in Q1 2008. For full story, click here
South African gold exploration company Wits Gold has advised shareholders that it would post a basic loss a share in the 2009 financial year, as a result of a reduction in the fair value gain on financial assets and an rise in consulting fees and investor relation expenditure. For full story, click here
Alamos Gold Inc. has declared that it has released its financial results for the first quarter ended March 31, 2009. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
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