Chalice Completes Sale Of Zara Gold Project; Current Cash Balance of $82 Million
Chalice Gold Mines Limited (TSX: CXN) reported the completion of the US $78 million sale of the Zara Gold Project in Eritrea to China SFECO Group.
Articles Tagged "sale"
Premier Gold Mines gets $5.5 million
Canadian-based mineral exploration and development company Premier Gold Mines (TSX: PG) has teamed up with Jones, Gable & Company Limited and placed its shares at $3.65. Premier plans to use the gross proceeds from the sale of the shares for exploration programs to be conducted on the Hardrock project, Red Lake projects and PQ North [...]
Apollo Gold has surged $11.6 mln in share sale
Apollo Gold declared that it has surged $11.6 million U.S. through the private sale of shares. For full story, click here
Northern Gold Mining declared $600,000 Non-Brokered Private Placement
The Directors of Northern Gold Mining declared that a proposed non-brokered private placement financing of up to $600,000 comprising the sale of up to 12,000,000 Units, to be sold at $0.05 per Unit, subject to regulatory approval and closing. For full story, click here
Harmony Gold profit dipped 26% as gain isn’t repeated
Harmony Gold Mining Co., Africa’s third-leading producer of the metal, declared that third-quarter profit dipped 26 percent after the benefit of a sale in the second quarter wasn’t repeated. For full story, click here
Royal Gold declares net $235 million from stock sale
Precious metals royalty manager Royal Gold Inc. declared that it has netted more than $235 million in a public offering of shares it will use to purchase an interest in gold production. For full story, click here
Barrick Gold reported a debt securities sale
Barrick Gold has declared a debt securities sale worth $750 million in aggregate principal notes that are due to mature in 2019 at a 6.95 per cent rate. For full story, click here
Gold sales drop in UAE, Saudi Arabia
Global economic crisis is making hard on gold sales and bullion markets in the United Arab Emirates and Saudi Arabia. Rising unemployment, crash in realty prices and plunging stock markets have taken the sheen out of the gold market in all the major cities across UAE and the Saudi Kingdom. For full story, click here
Time For Good Gold Pickings
By Kishori Krishnan Exclusive to Gold Investing News A slight drop in prices is a good time to shore up. Last Friday, gold futures surged above $1,000, the highest level since last March. This week though, gold slipped back. But worries about long-term inflation caused by the massive U.S. stimulus package may push it up [...]
Gold sales fail to pick up even in wedding season
Global recession has impacted even weddings if the lack of demand for jewellery is any indication. For full story, click here
