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SolGold moves to buy Ecuador mine partner Cornerstone

CORPORATE ACTIVITY / Mariaan Webb

Dual-listed SolGold on Tuesday announced that it had formally commenced an offer to acquire the issued and outstanding shares of Ecuadorian mine partner Cornerstone Capital, inviting that company’s shareholders to be “part of an exciting plan”.

SolGol…

SolGold moves to buy Ecuador mine partner Cornerstone Read More »

Exxaro says safety strategy paying off

HEALTH & SAFETY/DIVERSIFIED MINERS / Marleny Arnoldi

JSE-listed diversified miner Exxaro has achieved 730 lost-time-injury- (LTI-) free days at the plant and central engineering workshop work areas within the Matla coal mine.

This is equivalent to two years of zero mineworker LTIs, it says.

Exxaro says safety strategy paying off Read More »

Egypt says gold deposit discovered in southeast

Uncategorized / Reuters

Egypt’s Ministry of Petroleum and Mineral Resources said on Tuesday a gold deposit with estimated resources of one-million ounces had been discovered in the southeast of the country.

The deposit lies in the concession area of the military-controlled S…

Egypt says gold deposit discovered in southeast Read More »

Greenland gold miner AEX Gold eyes London listing

Uncategorized / Reuters

AEX Gold, a gold exploration and mining company focused on Greenland, said on Tuesday it plans an initial public offering (IPO) in London next month.

AEX said it would seek admission to the London Stock Exchange’s small company sub-market, AIM, and c…

Greenland gold miner AEX Gold eyes London listing Read More »

Gold prices back off a bit on some normal profit taking

Uncategorized / Kitco Newsn

(Kitco News) – Gold prices are modestly down in early U.S. trading Tuesday, on some normal profit taking by the shorter-term futures traders.

Gold prices back off a bit on some normal profit taking Read More »

Bitcoin daily chart alert—Bulls work to stabilize prices

Uncategorized / Kitco Newsn

(Kitco News) – Bitcoin-U.S. dollar prices are near steady again on Tuesday.

Bitcoin daily chart alert—Bulls work to stabilize prices Read More »

IronRidge granted exploration licence for Mankessim South project

Uncategorized / Donna Slater

Aim-listed minerals exploration company IronRidge Resources’ wholly-owned Ghana entity Green Metals Resources, has been granted an exploration for its Mankessim South project, in Ghana.

The licence provides IronRidge full ownership of a contiguous pro…

IronRidge granted exploration licence for Mankessim South project Read More »

South Africa’s recession deepens in first quarter as mining plummets

economy / Reuters

 South Africa’s recession deepened in the first quarter of 2020, with official data on Tuesday showing that gross domestic product contracted 2% from the previous three months, led by declines in mining and manufacturing. The economy was already frail …

South Africa’s recession deepens in first quarter as mining plummets Read More »

SolGold goes after smaller rival Cornerstone Capital Resources

Intelligence, Markets, Mining.com / Cecilia Jamasmie

The C$140m ($102m) all-stock offer seeks to consolidate SolGold’s ownership of Alpala project, one of the world’s largest and highest-grade copper deposits.

SolGold goes after smaller rival Cornerstone Capital Resources Read More »

Kefi Minerals to change name, updates Tulu Kapi economics given higher gold price

COPPER/GOLD / Marleny Arnoldi

Aim-listed Kefi Minerals has announced it will host its annual general meeting virtually on August 13.

The meeting will discuss a name-change of the company to Kefi Gold and Copper, to reinforce the company’s mission in those metals, given the discov…

Kefi Minerals to change name, updates Tulu Kapi economics given higher gold price Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
  • Life After Capitalism
  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
  • SPY Expectations For The Rest of September
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