EnviroGold will Purchase Majority Stake in Ecuador Gold Project
ASX-listed EnviroGold has entered into a formal agreement to acquire a majority shareholding in a small underground gold mining operation in Ecuador. For full story, click here
Articles Tagged "stake"
Semafo has surged stake in Niger Gold Mine TO 80%
Canadian gold miner Semafo Inc has boosted its stake in a gold mine in Niger to 80 percent after it acquired Etruscan Resources Inc’s minority interest for $3 million. For full story, click here
China Nonferrous Metals will purchase 19.9% stake in Chaarat Gold
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
Trilliant Exploration has acquired minority stake in Global Diamond Resources
Trilliant Exploration Corp., a fully operational gold mining company with concessions in southern Ecuador, declared that it has acquired a minority stake in privately held, Global Diamond Resources. Mr. William Lieberman, President of Trilliant Exploration Corporation, stated: We are very pleased to be making this minority investment into Global Diamond Resources. We see the investment [...]
Brazil’s Vale has backed Indonesia Gold Project
Brazil’s Vale, the world’s second-leading miner, has backed a potentially large Indonesian copper/gold project that could see it spend $40 million to acquire a 60 percent stake. Project manager, Australian-listed Intrepid Mines Ltd, declared Vale had been granted an option to take up the stake in the Tujuh Bukit sulphide copper-gold project in east Java. [...]
Gold Aura has moved to protect Interest in Brazillian Exploration Project
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
Mvelaphanda Resources declared Paulson Fund not in Contact
Mvelaphanda Resources, the South African investment company commenced by a former anti-apartheid fighter, declared that Paulson & Co. hasn’t been in contact about purchasing its remaining stake in Gold Fields Ltd. For full story, click here
Canadian Zinc declared Vatukoula Gold Mine raised output for latest quarter
Canadian Zinc Corp. declared that Vatukoula Gold Mines plc, in which it holds a 20 per cent stake, has reported an surge in gold production for its quarter ended May 31. For full story, click here
Kinross Gold has surged stake in Underworld Resources to 11%
Kinross Gold Corp. declared that it will raise its stake in Underworld Resources to 11.1 per cent with the purchase of 1.8 million shares in the Vancouver-based junior. For full story, click here
Going For The Gold
By Kishori Krishnan Exclusive To Gold Investing News A Vancouver gold firm has decided to expand its holdings in China with a stake in an Australian firm. Sounds corny? With firms going for the kill, Vancouver’s Eldorado Gold Corporation (TSX:ELD) has taken the first step in acquiring a 19.9 per cent interest in Sydney, Australia-based [...]
