Gold Hawk restructures debt
Shares of Gold Hawk Resources (CGK-V) bounced 75% today on news the junior had restructured its debt in the nick of…
Gold
Century Mining to sell $66 million gold-based financing
Century Mining (CMM-V) has joined a growing group of mining companies that are trying to weather the financial stor…
Positive Feasibility For Banro’s Twangiza Project
Banro’s (BAA-T, BAA-X) wholly-owned Twangiza project in the Democratic Republic of the Congo will produce about 320,000 oz. gold per year at an average operating cash cost of US$274 per oz. for the fi…
Oromin Advances Sabodala
VANCOUVER — A 140,000-metre drilling effort in 2008 is paying off for Oromin Explorations (OLE-T, OLEPF-O): the company has delineated six mineralized zones at its Sabodala project in eastern Senegal…
Bought Deal Brings $51.8M To Anatolia
Anatolia Minerals Development (ANO-T, ALIAF-O) will raise $51.8 million in a financing led by RBC Capital Markets to help fund its Copler gold project in Turkey.
Rusoro Bid: An Offer Gold Reserve Shareholders Can Refuse
Less than 3% of Gold Reserve’s (GRZ-T, GRZ-X) shares have been tendered so far in Rusoro Mining’s (RML-V, RMLFF-O) hostile takeover bid, prompting Rusoro to extend the deadline another month to Feb. 1…
Barrick Holds Strong In Tanzania
Barrick Gold’s (ABX-T, ABX-N) North Mara mine in Tanzania has had its share of problems.
Solid Prefeasibility For Golden Band’s La Ronge
VANCOUVER — Golden Band Resources (GBN-V, GBRIF-O) has taken another step towards production with a positive prefeasibility study for its La Ronge gold project in northern Saskatchewan.
Keegan Cuts More Gold At Esaase
Keegan Resources (KGN-T, KGN-X) has reported more gold intercepts at its Esaase project in Ghana, including 11 metres of 6.6 grams gold per tonne from just 1 metre depth in hole 509.
StrataGold Ups Dublin Gulch Resource
VANCOUVER–A new resource estimate for StrataGold’s (SGV-T, SAGDF-O) Dublin Gulch project in the Yukon has added 700,000 oz. gold to the indicated count.
Red Back Raises $150M For African Gold Operations
VANCOUVER– Red Back Mining (RBI-T, RBIFF-O) is riding the gold tide and raising money again. It was only two months ago that the gold producer had to boost a $40- million financing to $60 million bec…
Houston Lake Grows West Cedartree
Houston Lake Mining (HLM-V, HLKMF-O) has taken another step towards realizing its ambition of developing a gold mine near Kenora, in northwestern Ontario.