Regis Resources (ASX:RRL) which has been plagued by the severe rainfall in Australia earlier this year, has announced an updated production guidance for its financial year 2015 (which starts in […]
Tag: Gold
Birimian Gold starts 5,000 meter drill campaign in Mali
Birimian Gold (ASX:BGS) has announced it has started a 5,000 meter air core drill program to follow up on earlier excellent drill results on its Viper Prospect in Mali. A […]
Metanor Resources’ production in May was higher than expected
Metanor Resources (MTO.V) has announced it has produced 5,202 ounces of gold in May, which is a remarkable result and better than we anticipated. The higher production was caused by […]
Columbus Gold receives Nordgold payment and expects the updated resource estimate later this month
As expected, Nordgold has made the $4.2M payment to Columbus Gold (CGT.V) last month as part of its earn-in agreement to acquire a 50.01% stake in Columbus’ Paul Isnard gold […]
Euromax Resources is spiking
Back in April, we recommended to average down a position in Euromax Resources (EOX.V) at C$0.10. Since the company has released the results of a very decent pre-feasibility study late […]
Midway Gold announces Barrick’s plans at Spring Valley and is now fully ready to start development at Pan
Midway Gold (MDW.TO, NYSEMKT:MDW) has announced Barrick Gold (ABX.TO, NYSE:ABX) plans to spend $13.3M on the Spring Valley project this year, of which $8.3M will be used for project development […]
Sarama Resources is raising money
Sarama Resources (SWA.V) has announced it plans to raise C$3M at C$0.15/unit to fund further drilling at its African projects. Each unit will consist of one common share and ½ […]
African Gold Group has closed an oversubscribed private placement
African Gold Group (AGG.V) announced it has closed an oversubscribed C$2.4M private placement as it issued 20 million units at a price of C$0.12 per unit. Each unit consists of […]
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