SolGold offers $140M for Cornerstone Capital
SolGold (TSX: SOLG; LSE: SOLG) is trying to buy Cornerstone Capital Resources (TSXV: CGP), which owns a minority stake in the Alpala copper-gold project, part of the Ecuador-focused miner’s Cascabel…
SolGold
SolGold seeks US$20M to prevent takeover attempts
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) is bolstering its defences against a takeover by fundraising to raise a minimum of £16 million (US$20 million) as top miners try to…
JV Article: Tempus Resources funds gold exploration in Canada and Ecuador with A$4M raise
Australia-based Tempus Resources (ASX: TMR) has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora…
SolGold scores US$150M funding deal from Franco-Nevada
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) has secured up to US$150 million from streaming company Franco–Nevada (TSX: FNV; NYSE: FNV), which it will use to develop its Alpala copper-gold project….
TSX rises, April 27-May 1: MAG Silver, Lundin Gold, Troilus, SolGold
The S&P/TSX Composite Index rose 1.39% to 14,620.30 during the April 27-May 1 trading week. The Global Mining Index fell 0.81% to 82.25 and the Global Base Metals Index climbed…
SolGold’s Ecuador copper project grows
SolGold’s (TSX: SOLG; LSE: SOLG) Cascabel copper-gold asset in Ecuador received a boost on Tuesday after a long-awaited third resource update for Alpala, the project’s main deposit, showed larger than…
Global Exploration Snapshot: West Africa and South America remain popular
Rising gold prices and better operational and financial discipline are motivating companies more than ever to seek new ounces to fill their production pipelines. Below is a look at eight…
Ecuador court allows public referendums on mining projects
Ecuador’s constitutional court has ruled that communities have the right to hold public referendums on whether or not to allow a mining project to go forward, paving the way for…
BHP boosts investment in SolGold
BHP Billiton (NYSE: BHP) is spending US$22 million to boost its stake in SolGold (TSX: SOLG; LON: SOLG) to 14.7% from 11.1%, making it one of the two largest shareholders…
SolGold discovers porphyry system in Ecuador
SolGold has discovered a new copper-gold-silver-molybdenum porphyry system at its wholly owned Cisne Loja project in southern Ecuador. The company says it found mineralized outcrops that indicate the presence of…
Ecuador’s pro-mining stance tests country’s resolve
More than a decade since Ecuador opened its doors to mining, the Andean country is beginning to see the results. In July, production began at the country’s first large-scale mining…
Transcript: SolGold’s Nick Mather on receiving TNM’s Mining Person of the Year Award
LONDON, UNITED KINGDOM – The following is a transcript of SolGold (TSX: SOLG; LON: SOLG) CEO Nicholas Mather’s remarks at The Northern Miner’s Canadian Mining Symposium at Canada House in…