Posts Tagged ‘development’

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Over the hedge: Yukon-Nevada signs $20 million deal with Deutsche Bank at $716/oz

Yukon-Nevada Gold Corp. Full story

SG Spirit Gold Announces Terms for $12.5 Million Brokered Offering

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 6, 2012) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES SG Spirit Gold Inc Full story

Cluff Gold expands its mining operations in West Africa

Cluff Gold (TSX:CFG) (AIM:CLF), a gold miner focused mainly in West Africa, announced on Friday that it will buy Orezone Gold’s Sega gold project mining licences and property in Burkina Faso for 11-million shares and $15-million in cash. Located about 20 km by road from Cluff Gold’s Kalsaka project, the Sega project includes an indicated gold resource of 450,366 ounces and 8.3-million tons of ... Full story

Randgold – Kibali Project in the Starting Blocks

JERSEY, CHANNEL ISLANDS–(Marketwire – Feb 2, 2012) - Full story

Indonesia revokes Australian miner’s licence following violent protests, fatalities

The Indonesian Government has revoked the exploration licence of the partner of Arc Exploration following violent protests by locals that have left two people dead. Locals have been protesting the development of Sumber Mineral Nusantara, Arc Exploration's... Full story

Wits Gold together with Pan African Resources to acquire the operating Evander Gold Mine from Harmony for ZAR1.7 billion

JOHANNESBURG, Jan. 30, 2012 /CNW/ – Witwatersrand Consolidated Gold Resources Limited (‘Wits Gold’) and Pan African Resources plc (‘Pan African’), collectively the ‘Consortium’ announced today that they have entered into an agreement with Harmony Gold Mining Company Limited (‘Harmony’) to acquire 100% of Harmony’s interest in Evander Gold Mines Limited (‘Evander’), in a 50/50 joint venture, for a total Transaction consideration of ZAR1.7 billion (C$210 million  1 ) less ... Full story

Detour jumps after upping reserves and raising $1.45 billion to build Canada’s largest gold mine

Detour Gold Corporation (TSX:DGC) added $1.80 to $28.40 or 6.7% on Wednesday after announcing bought deal financing led by BMO Capital Markets and CIBC worth $241 million and improved reserves estimates for its $1.45 billion project on the Ontario-Quebec border. Detour said depending on the level of interest the size of the offering can be upped by another $36 million and that the latest ... Full story

Copper One Signs Purchase Agreement in Respect of Queylus Copper Gold Property

TORONTO, ONTARIO–(Marketwire – Jan. 25, 2012) -   Copper One Inc Full story

Pan American Silver to step up as Rio Grande says sayonara to cyanide ban

Vancouver-based Pan American Silver Corp said on Friday it will speed up the development of its Argentina gold project this year after the Rio Negro provincial legislature lifted the ban on the use of cyanide, crucial in the extraction process of gold. Pan American Silver (TSX:PAA)(NASDAQ:PAAS) owns 100% of the Calcatreu gold development project Full story

Derisking gold juniors, step by step

Source: Sally Lowder of The Gold Report   (1/18/12) If you’re among the many who consider investing in the junior resource sector nothing more than a crapshoot, look into Ahead of the Herd Publisher Rick Mills’ steps to derisk the inherently risky business of investing in junior resource companies. In this exclusive interview with The Gold Report, Mills not only spells out the steps involved ... Full story
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