Canada based Gammon Gold Inc has restructured and its new line replaces prior syndicated credit facility. This financing will help in accelerating 2010 exploration programs. The news article is quoted as saying: The terms of new facility are expected to enhance Gammon’s net cash flow as there will be no principal repayments, other than a [...]
Continue reading "Gammon Gold restructured syndicated credit facility"
Thursday, June 18, 2009
By Kishori Krishnan Exclusive To Gold Investing News There is some serious flirting going on. Gold futures which have been on a see-saw ride in recent months, unsure whether to make the leap over the $1,000 an ounce hurdle or stay put a while, is flirting like crazy – with the $1,000 figure, that is. [...]
Continue reading "Junior Miners Shine Strong"
Monday, June 23, 2008
CNW Group reports Gammon Gold’s second quarter production has significant improvement over Q1. The Company anticipates production in Q2 will increase to between 68,000 to 72,000 gold equivalent ounces at total cash costs of between $475 to $500 per gold equivalent ounce (the lower end of the full year 2008 guidance) which represents a 44-53% [...]
Continue reading "Gammon Gold forecasts the second quarter production"
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Tuesday, November 10, 2009