SolGold to make offer to Cornerstone Capital shareholders
31st Jan 2019 09:59
(Sharecast News) - SolGold announced its intention to make an offer to acquire all outstanding common shares of Cornerstone Capital Resources on Thursday, saying the all-stock transaction offered Cornerstone shareholders continued exposure to the world-class Cascabel Project through a 100% consolidated vehicle.
Read moreBHP doubles stake in Ecuador copper miner SolGold
16th Oct 2018 07:17
(Sharecast News) - BHP on Tuesday said it had spent £45.6m to lift its stake in SolGold, which owns the Cascabel copper-gold project in Ecuador.
Read moreBHP doubles stake in Ecuador copper miner SolGold
16th Oct 2018 07:17
(Sharecast News) - BHP on Tuesday said it had spent £45.6m to lift its stake in SolGold, which owns the Cascabel copper-gold project in Ecuador.
Read moreSolGold moves ahead with Alpala drilling programme
20th Aug 2018 12:08
(Sharecast News) - Explorer SolGold has drilled 100km more holes at its Alpala asset since the project's maiden mineral resource estimate back in January in order to provide it with a "stronger resource base" at the Northern Ecuadorian asset.
Read moreSolGold gets lucky at Alpala
14th Feb 2017 15:36
(ShareCast News) - SolGold announced assay results from Hole 19 at the Alpala deposit, at the company's Cascabel copper-gold porphyry project in Ecuador on Tuesday. The AIM-traded firm said drill hole 19 returned a broad mineralised zone of 1132m grading 0.50% copper and 0.33 g/t gold from 268m dept
Read moreSolGold finds copper rich Bornite at Ecuador mine
4th Jan 2017 09:06
(ShareCast News) - Shares in AIM-listed Sold Gold rose on Wednesday as the miner reported that it found copper rich Bornite at its Ecuador site. The Australian miner said it found over 800m of significant copper mineralisation from 325.6m to current depth 1161.5m at the hole 19 intersection, includi
Read moreSolGold drilling deeper at Cascabel
22nd Dec 2016 16:48
(ShareCast News) - SolGold updated the market on exploration at its Cascabel copper-gold porphyry project in Ecuador on Thursday. The AIM-traded company said drill hole CSD-16-018, is at a depth of 1829.7m, extending the rich lower portions of the Alpala deposit, and confirming the deepest mineralis
Read moreSolGold one of AIM's top 50 companies
5th Dec 2016 10:24
(ShareCast News) - Australian gold and copper miner SolGold is to become one of the top 50 companies on AIM, the London Stock Exchange's junior market. The miner is to join the FTSE AIM 50 index, which is made up of the largest AIM companies by market capitalisation, on 12 December. Going forward,
Read moreSolGold rejects BHP share deal and Cascabel earn-in, analysts expect new offer
10th Oct 2016 08:41
(ShareCast News) - SolGold has rejected an offer from BHP Billiton to buy 10% of the compay for $30m (£24.2m) as well as a $275m earn-in payment for most of the AIM-listed company's share in its Cascabel project in Ecuador. BHP's proposal, which would replace the previously announced $33m financing
Read moreSolGold placing raises $25.1m in first stage of financing
26th Aug 2016 09:42
(ShareCast News) - Australian gold and copper miner SolGold confirmed its shareplacing on AIM on Friday, raising £16.1munder the first tranche of the deal negotiated with Maxit Capital. The proceeds from the capital raising will be used to continue to fund the company's exploration of its flagship C
Read moreSolGold aims to raise further equity after Friday's share placing
25th Aug 2016 15:32
(ShareCast News) - Australian gold and copper miner SolGold's shares soared 24% on Thursday ahead of its AIM share placing on Friday, as it said demand had been strong for its two capital raising initiatives. On 8 July and with a revised offer on 1 August, the company agreed to raise capital through
Read moreSolGold says Ecuador is a strong exploration and mining destination
9th Aug 2016 14:57
(ShareCast News) - Australian gold and copper miner SolGold said Ecuador was becoming a strong exploration and mining destination due to recent developments at other mining companies in the region. Miner Lundin Gold agreed terms on an investment protection agreement for the Fruta del Norte mining pr
Read moreSolGold executes shirt-term loan with DGR Global
1st Jul 2016 14:30
(ShareCast News) - SolGold announced on Friday that its has executed a short-term unsecured loan agreement with DGR Global, to provide up to $7m in funding for the period through to 31 December. The AIM-traded company said the agreement covers recent advances made by DGR Global, and SolGold's likely
Read moreSolGold operations unaffected by Ecuador earthquake
18th Apr 2016 11:17
(ShareCast News) - SolGold worked to assure the market it was left unscathed by a large earthquake in Ecuador on Monday, and promised a sum of money to assist those who were affected. At least 272 people were killed and more than 2,500 injured after a magnitude 7.8 tremor struck the country's coast
Read moreSolGold reveals new copper-gold mineralisation discovery
12th Apr 2016 12:24
(ShareCast News) - SolGold announced a fresh mineralisation discovery on Monday, at its Cascabel copper-gold porphyry project in Ecuador. The AIM-traded company said the discovery of porphyry-style mineralisation on the surface some 440 yards south of Alpala Creek pointed to a new target area - Alpa
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