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
Continue reading "EnviroGold will Purchase Majority Stake in Ecuador Gold Project"
Thursday, July 23, 2009
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
Continue reading "Semafo has surged stake in Niger Gold Mine TO 80%"
Friday, July 17, 2009
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
Continue reading "China Nonferrous Metals will purchase 19.9% stake in Chaarat Gold"
Monday, July 13, 2009
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 [...]
Friday, July 10, 2009
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. [...]
Continue reading "Brazil’s Vale has backed Indonesia Gold Project"
Friday, July 3, 2009
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
Thursday, July 2, 2009
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
Continue reading "Mvelaphanda Resources declared Paulson Fund not in Contact"
Thursday, June 25, 2009
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
Friday, June 19, 2009
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
Continue reading "Kinross Gold has surged stake in Underworld Resources to 11%"
Friday, June 5, 2009
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 [...]
Continue reading "Going For The Gold"
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Wednesday, August 5, 2009