SolGold
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Aussie gold miner Newcrest to begin trading on TSX
Following its acquisition of a 70% stake in the Red Chris copper-gold mine in British Columbia last year, Australia’s largest listed gold miner, Newcrest Mining, will begin trading on the Toronto Stock Exchange on Oct. 13. In a release, Newcrest…
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Ecuador’s constitutional court allows referendums on new mining projects
Ecuador’s highest court has ruled that communities have the right to hold referendums on whether or not proposed large and medium-scale mines can move forward, but said the public can only vote on mining rights not yet granted and not…
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SolGold kicks off drilling at Porvenir
SolGold has started drilling at its Porvenir copper-gold project in southern Ecuador after receiving all scout drilling regulatory approvals. The project is located about 100 km north of the Peruvian border in Zamora Chinchipe province, and is situated within the Jurassic…
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SolGold receives US$100M injection from Franco-Nevada
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) said today that it had received $100 million from streaming company Franco-Nevada (TSX: FNV; NYSE: FNV), which it will use to progress its Alpala copper-gold project through to final feasibility and a development decision. The funding is…
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MINING PEOPLE: Benz Mining, Equinox Gold, Far Resources, Fiore, Marimaca Copper, Meridian, Orosur
Management moves announced this week: Graeme Currie is now an advisor to Adamera Minerals. Andrey Shamis has been appointed interim CEO of Angus Ventures, succeeding Patrick Langlois in this role. Shamis joined the company’s board in 2017. Miloje Vicentijevic has resigned from…
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Cornerstone Capital seeks to replace SolGold’s board over mismanagement, transparency
Cornerstone Capital Resources (TSXV: CGP) plans to call a meeting of SolGold’s (TSX: SOLG; LSE: SOLG) shareholders to replace the company’s entire board, the investor said today. The move by the Ontario-based junior, which has an 8% interest in SolGold, comes after…
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GOLD: BHP increases stake in SolGold
ECUADOR – BHP Billiton is spending US$22 million to boost its stake in Australian junior SolGold to 14.7% from 11.1%, making it one of the two largest shareholders in the Ecuador-focused company. Newcrest Mining owns about 14.8%. BHP is acquiring 77 million shares…
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COPPER-GOLD: SolGold discovers new porphyry system at Cisne Loja
ECUADOR – Australian miner 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 a new polymetallic porphyry system with…
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SolGold’s Nick Mather on receiving TNM’s Mining Person of the Year Award
LONDON, U.K. – 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 London, U.K., as he accepted in person his Northern Miner “Mining Person of the Year” Award for…
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SolGold’s Nick Mather our Mining Person of the Year for 2018
Nicholas Mather, president and CEO of Australian junior SolGold, is The Northern Miner’s Mining Person of the Year for 2018 in recognition of his role as the driving force behind the wildly successful grassroots team that has drilled off the world-class…
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SolGold steps up drilling campaign in Ecuador
With about US$90 million in the bank and plenty of ground still to explore, Brisbane-based SolGold (TSX: SOLG; US-OTC: SLGGF) has embarked on a 120,000 metre, 12-drill program at its Cascabel copper-gold project in northern Ecuador. The main purpose of the…
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Snapshot: Juniors in Colombia, Ecuador and Peru
For mineral explorers and developers, the northern Andean countries of Colombia, Ecuador and Peru are a potent combination of richly endowed metal mineralization and under-explored terrain, all hosted in relatively mining-friendly jurisdictions. Here’s a look at eight juniors with active…
