Gran Colombia Gold Corp
-
Record 2020 revenues, operating cash flow from Gran Colombia
Colombia-focused miner Gran Colombia Gold (TSX: GCM) has released its fourth-quarter and full-year 2020 financial results, its last reporting period with the Marmato mine, which was sold to Aris Gold (TSX: ARIS) in February. (Gran Colombia owns a 44% stake…
-
Gran Colombia offers $315M in friendly, all-share offer for Gold X
Gran Colombia Gold (TSX: GCM) is acquiring Gold X Mining (TSXV: GLDX) in an all-share deal valued at $315 million, after a three-way merger proposal that included Guyana Goldfields was scuttled last year by China’s Zijin Mining. The combination of assets…
-
Segovia continues to deliver for Gran Colombia with over 220,000 oz gold in 2020
Gran Colombia Gold churned out 220,194 oz. of gold from its operations in Antioquia, Colombia, 180 km northeast of Medellin last year, meeting its production guidance for the fifth year in a row. The company had guided for production of…
-
The Northern Miner Podcast – episode 215: Caldas Gold CEO Serafino Iacono on mining and jurisdictional risk at the Global Mining Symposium
This week’s episode features Caldas Gold CEO Serafino Iacono in discussion with Northern Miner editor-in-chief Trish Saywell at the Global Mining Symposium. Trish asks Serafino about what it’s like to develop a mine in Venezuela and the different touchstones of…
-
Caldas Gold to become Aris Gold; proposes new all-star board
Caldas Gold is raising $85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name – Aris Gold. Once the financing is completed, the…
-
MINING PEOPLE: Freeman Gold, Mirasol, Northisle Copper and Gold, Vizsla
Management moves announced this week include: Daniel Dominguez is now the CFO of Compania de Minas Buenaventura, Peru’s largest publicly-traded precious metals mining company. Bassam Moubarak is now the CFO of Freeman Gold. Paul Matysek has been named a strategic…
-
Gran Colombia sees production boost in August
Gran Colombia Gold produced a total of 20,644 oz. of gold in August, up 14% over the previous month, the company reported on Monday. This brings total production for the first two months of the third quarter to 38,755 oz., up…
-
GOLD: Eric Sprott slashes stake in Gran Colombia
TORONTO – Eric Sprott is continuing to sell off his holdings in Toronto-based Gran Colombia Gold, the largest underground gold and silver producer in Colombia from its Segovia and Marmato operations. In an early warning report filed on Tuesday evening, it was revealed…
-
GOLD: Gran Colombia funds Caldas Gold’s Juby acquisition
TORONTO – Colombia-focused Gran Colombia Gold has invested $14 million in a private placement in its recent spinoff, Caldas Gold, to fund the acquisition of a project in Ontario’s Abitibi greenstone belt. In a deal announced in May, Caldas Gold…
-
Gran Colombia terminates bid for Guyana Goldfields
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has walked away from its proposed acquisition of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) and terminated its plan of arrangement for a three-way merger with Gold X Mining (TSXV: GLDX; US-OTC: SSPFX). Gran Colombia had envisioned creating a…
-
Silvercorp amends Guyana merger terms with improved offer
TORONTO – Silvercorp Metals and Guyana Goldfields have agreed to amend the terms of their merger arrangement, which would see Silvercorp making a significantly higher offer than the previously announced $105 million deal. The parties came to a new agreement following receipt…
-
GOLD: Gran Colombia proposes merger with Gold X, Guyana Goldfields
TORONTO – Producer Gran Colombia Gold has announced that it has signed a definitive agreement for a business combination with Gold X Mining. The company has also submitted a proposal to acquire Guyana Goldfields in an all-share deal, which, on…
