SolGold PLC, the developer of the flagship Cascabel copper-gold project in northern Ecuador, has signed a Memorandum of Understanding (MOU) with three leading companies to develop a sustainable power project that will deliver about 200 megawatts of clean, renewable energy to the Cascabel site. The partners are Grupo Empresarial Semaica, a major construction company in…
All posts tagged gold
Matador Mining starts winter drilling at Malachite in search of gold
SYDNEY, AUSTRALIA: Matador Mining Limited (ASX:MZZ | OTCQB:MZZMF) has launched its 2024 exploration field season with a reverse circulation (RC) drilling program at the O-2 target at Malachite in Newfoundland, Canada. The company hopes to make major discoveries of gold under the glacial till and overburden covering the area. The O-2 target is located at…
Red 5 Limited and Silver Lake Resources merge to create a leading gold producer
SYDNEY, AUSTRALIA: Red 5 Limited and Silver Lake Resources Limited have announced a merger deal that will create a diversified and profitable gold producer with operations in Australia and Canada. The merger will be implemented through a scheme of arrangement, under which Red 5 will acquire all the shares in Silver Lake. Silver Lake shareholders…
Is Gold A Hedge Against Inflation?
New investors wonder whether gold is the asset to have in times of financial turmoil. Traditionally, gold was considered as a safe haven when inflation was hot. The question is, whether the historical approach is rational in today’s financial markets. Let’s look at how gold acts as a hedge against inflation. Gold’s historical role Gold…
Top 6 Advantages Of Investing In Gold
Gold is one of the precious metals on the planet known for its enormous value. It’s the reason why most people looking to protect their weight against inflation or unstable governments invest in gold. If you’re thinking of investing in gold, it’s wise to do your own research first to know whether or not it’s…
Financial Advice For The Future: What Investments To Choose?
Planning for the future is always a difficult thing to do. If we aren’t sure what will happen in twenty months, we can hardly imagine what will happen with investments and money in twenty years. However, we still should plan for the future and try to invest as much as we can. People who wish…
Madison Metals and American Pacific Mining announce shareholders’ approval for the sale of Madison Project
VANCOUVER: American Pacific Mining Corp (APM) and Madison Metals Inc. announced the shareholders of Madison have approved the sale of the Madison Copper Gold Project near Silver Star Montana, USA to APM. The Madison Project is currently under an earn-in, joint venture agreement, whereby Kennecott Exploration Company, part of the Rio Tinto Group may spend…
Altus and Graphex enter Gold JV and royalty agreement in Mali
LONDON: Altus Strategies Plc, the Africa focused project and royalty generator, announced Graphex Mining Limited has acquired the Joint Venture (JV) earn-in rights previously held by Glomin Services Ltd on the Company’s 100% owned Lakanfla and Tabakorole gold projects, located in western and southern Mali respectively. Steven Poulton, Chief Executive of Altus, commented: “We are…
Power Metals forms gold exploration JV with Red Rock Resources
SYDNEY: Power Metal Resources (POW), a metals exploration and development company, announced the commencement of a new joint venture (JV) with Red Rock Resources Plc to build a strategic gold exploration portfolio in Australia. Paul Johnson Chief Executive Officer of Power Metal Resources plc commented: “This strategic move into Australian gold exploration is an important…
Catalyst forms joint venture with St Barbara
PERTH: Catalyst Metals Limited’s wholly owned subsidiary, Kite Operations Pty Ltd have entered into an earn-in and joint venture agreement with gold producer St Barbara Limited. Under the agreement, St Barbara may acquire a 50% participating interest in EL006507 (the Drummartin Project) by funding not less than $3.5 million of Project Expenditure within 48 months…
Mako Gold completes RD drilling on the Tchaga Prospect
MELBOURNE: Mako Gold Limited has completed its latest RC drilling program on the Tchaga Prospect at the Company’s 224 km2 Napié Project in Côte d’Ivoire. Mako is earning up to a 75% interest in the Napié Project under a farm-in and joint venture agreement with Occidental Gold SARL, a subsidiary of West African gold miner…