True Gold Mining Inc
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GOLD: True Gold achieves first production at the Karma mine
BURKINA FASO – True Gold Mining of Vancouver announced that it achieved the first gold production from its Karma gold mine on April 11, 2016. This is an open pit heap leach operation 185 km northwest of Ouagadougou. The leach…
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GOLD: True Gold provides update on Karma construction
BURKINA FASO – True Gold Mining of Vancouver says construction at the Karma gold mine 185 km northwest of Ouagadougou is proceeding. The placement of ore on the heap leach pads is scheduled for early 2016, and the first gold pour…
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MINING PEOPLE: Discovery Ventures, Hatch, Noront, Pangolin, and True Gold
Vancouver-based Discovery Ventures has asked Dan Omeniuk to be its CEO, chairman and a director of the company. He is the founder of Trappers Transport, developing it into an industry leader over the last 30 years.
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MINING PEOPLE: Agnico Eagle, Denison, Int’l Tower Hill, Sherritt, and True Gold
Ammar Al-Joundi is rejoining Toronto-based Agnico Eagle Mines as president, effective April 6, 2015. He was formerly the CFO and senior executive VP of Barrick Gold, and prior to that he was Agnico ‘s CFO. Sean Boyd’s title will change to…
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True Gold completes North Kao PEA
True Gold Mining (TSXV: TGM) is on track to pour the first gold at its Karma project in Burkina Faso in late 2015, with the mine plan envisioning five open pits that will be developed in sequence to feed a heap leach operation over the course…
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GOLD: True Gold secures funding for Karma build
BURKINA FASO – True Gold Mining of Vancouver has secured funding of US$100 million with which to build its Karma gold mine by selling a gold stream to Franco-Nevada Corp. (75%) and Sandstorm Gold (25%). The agreement includes a 18-month…
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GOLD: True Gold orders Komatsu pit equipment for Karma project
BURKINA FASO – Vancouver-based True Gold Mining is buying Komatsu fleet equipment for its Karma gold project in west Africa. A letter of intent has been signed with local Komatsu dealer, Equipment and Services BIA.
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Combined equity-royalty deal gives True Gold $23.5 million
VANCOUVER – Money may be tight in the mining markets right now, but True Gold Mining (TSXV: TGM) is demonstrating that there is funding available for companies with advanced projects that are willing to be a bit creative.
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Complementary skill sets bring Blue Gold and Riverstone together
Over the last 18 months Mark O’Dea, president and CEO of Blue Gold Mining, has kicked the tires of over 100 projects and companies in his quest to find something that would appeal to shareholders.
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MINING PEOPLE IN THE NEWS: Asian Mineral, Bearing Resources, Coronet Metals, Gold Canyon, Jayden Resources, Riverstone Resources, Seafield Resources, and Simba Gold
Simon Booth has agreed to assume the role of president and CEO of Asian Mineral Resources of Toronto. Michael Brown has stepped down from those positions, but will continue as a non-executive director of the company.
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MINING PEOPLE IN THE NEWS: Argentium, BioteQ, Great Basin Gold, Guyana Frontier, Jourdan, Riverstone and Thompson Creek
Argentium Resources of Toronto has asked John Arthur Carter to assume the role of president and CEO. John Ross Moses, who previously held those posts, is now the chairman of the company. Carter is also president of MPE International, involved…