Solgold receives environmental licence for Ecuadorian project
27th Aug 2013 10:41
Explorer Solgold has been awarded an environmental licence by the Ecuadorian Ministry of Environment, enabling it to begin drilling at the Cacabel copper gold project in the north of the country. The licence, which was signed by the Minister of Environment on August 23rd, was a key requirement to
Read moreSolGold gains after environmental approval for Ecuador project
22nd Aug 2013 09:45
SolGold's shares surged after announcing it received environmental approval from the Ecuadorian Ministry of Environment to begin drilling at the Cascabel copper gold project in Ecuador. The company said it expects to begin drilling in September at the project, which is 30% owned by SolGold. The g
Read moreSolgold advances on four Solomon Island licences
18th Jul 2013 14:14
Aim copper and gold miner SolGold has extended its two porphyry copper prospecting licences in the Solomon Islands and acquired a further pair nearby. The Australia-headquartered company said it was finalising the next exploration stage on the Kuma property on Guadalcanal island and expected to beg
Read moreSolGold appoints new CEO
10th May 2013 14:09
SolGold has appointed Alan Martin as its new Chief Executive Officer, the copper and gold miner announced Friday. He replaces Nicholas Mather who will continue to remain an executive director of the company to assist in the handover period over the next year to two years. Martin has more than 20 y
Read moreSolGold advances on placement of 119.8m shares
2nd Apr 2013 08:11
AIM-listed precious metal mining company SolGold has agreed to place 119.8m shares at 0.015 pounds per share to raise gross proceeds of AUD2.6m with institutional and private investors. The shares are expected to be admitted to trading on AIM on April 8th 2013. The company now has a total of 544m
Read moreSolGold: Further mineralisation encountered at Cascabel
25th Mar 2013 10:20
AIM-listed SolGold has announced that recent follow-up channel sampling at its Alpala Prospect within the Cascabel Project in Ecuador has returned highly encouraging gold and copper assays from all follow-up trenching. The company said that the results significantly expanded the area of mapped and
Read moreSolGold buys stake in Ecuadorian subsidiary of Cornerstone Capital Resources
19th Feb 2013 11:20
Australian mining company SolGold has acquired a 20 per cent stake in the Ecuadorian subsidiary of a company which owns copper and gold projects in the north of the country. The AIM-listed mining company renegotiated a deal enabling it to buy an initial 20% holding in Exploraciones Novomining S.A (
Read moreSolGold shares fall as CEO resigns; board unveils cost-saving plans
7th Feb 2013 08:59
Shares in AIM-listed mining company SolGold fell sharply on Thursday morning after the board issued a public announcement stating that Chief Executive Officer (CEO) Malcolm Norris had resigned. The company, which secured full ownershuip of the prospective kuma license in the Solomon Islands last mo
Read moreSolGold secures full ownership of Kuma licence in Soloman Islands
14th Jan 2013 10:28
SolGold, an AIM-listed mining group, has secured 100 per cent ownership of the prospective Kuma prospecting licence, which is currently undergoing the renewal process for a further two year extension. The company, along with NVL Solomon Islands, a subsidiary of Newmont Mining Corp., has also enter
Read moreSolGold reports significant progress at Cascabel gold mine
20th Dec 2012 12:11
AIM-listed gold exploration company SolGold has made significant progress in defining additional soil gold-copper anomalies at its Cascabel mine in Ecuador, an update published by the company on Thursday indicated. Exploration of the mine, which is a joint venture between SolGold and TSXV-listed Co
Read moreResources round-up: SolGold, Edenville Energy, Solo Oil
8th Oct 2012 10:30
SolGold said it had entered agreements to place almost 22 million shares at £0.035 per share with UK institutional and other third-party investors, raising AUD1.14m in the process. The company said it intended to use the funds to continue its exploration and project development efforts across projec
Read moreResources round-up: Falkland Oil and Gas, Bowleven, Solgold
17th Sep 2012 09:32
Falkland Oil and Gas said it had discovered gas at its Loligo exploration, but was unable to determine whether the gas had any liquid content. The firm said it would plug and abandon the well in the the East Falkland basin. It added that it would be premature to drill a second well at the current lo
Read moreResources round-up: Wasabi, Oilex, Solgold
2nd Aug 2012 12:00
Australia-based cleantech investor Wasabi Energy has said its Chinese licensee, Shanghai Shenge New Energy Resources Science and Technology Company (SSNE) has signed a design and technical services agreement with China Petroleum and Chemical Corporation (Sinopec) for the design of a 4.0 megawatt ele
Read moreResources round-up: Fastnet, SolGold, Botswana, Firestone
25th Jul 2012 13:33
Fastnet Oil and Gas has welcomed the publication of independent technical reports on the Molly Malone Basin and Mizzen Basin in the Celtic Sea as it confirms the company's estimates. The best case unrisked in-place resource estimates for the Mizzen Basin is around 2.4bn barrels of oil equivalent (bo
Read moreResource round-up: Neos, Ferrum Crescent, International Mining
11th Jul 2012 11:17
Neos Resources, a processor of non-edible oil seed complexes in India, rocketed 37% on Wednesday after the firm said it was discussing the sale of "very significant quantities" of crude jatropha oil to several major European businesses. Neos also said it now had sufficient working capital and crushi
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