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Western Standard Acquires Freegold’s Almaden Gold Project
Western Standard Metals Ltd. and Freegold Ventures Limited are pleased to announce that further to the news release dated September 8, 2009, Western Standard has completed the acquisition of a 100% interest in Freegold’s Almaden gold project located in Idaho. In consideration, Western Standard has issued:
Gold Fields Terminates Royalty Over St Ives
Gold Fields Limited is pleased to announce that an Agreement has been executed in terms of which the royalty payable by Gold Fields’ wholly owned Australian subsidiary, St Ives Gold Mining Company Pty Ltd (St Ives) to Morgan Stanley Bank’s subsidiaries, (Royalty) has been terminated for a consideration of A$308 million.
Gold Fields Terminates Royalty Over St Ives
Gold Fields Limited is pleased to announce that an Agreement has been executed in terms of which the royalty payable by Gold Fields’ wholly owned Australian subsidiary, St Ives Gold Mining Company Pty Ltd (St Ives) to Morgan Stanley Bank’s subsidiaries, (Royalty) has been terminated for a consideration of A$308 million.
Exploration Gold Mining Company, Eldorado Now Has 100 percent Vila Nova Iron Ore Project, in Brazil
Eldorado has finalized and executed an agreement with Amapari, which results in the acquisition by Unamgen Mineracao – a wholly owned subsidiary of Eldorado in Brazil – of Amapari’s 25% remaining interest in the project in exchange for a Net Profits Interest royalty of 10% plus a sliding scale royalty based on the operating margin [...]
Ghana Earning Royalties and Corporate Tax From Gold Mining Companies
For centuries, Europeans stripped Ghana of its gold deposits to such an extent that in colonial times it was known as the Gold Coast.
Atlanta Gold Inc. Extended Mining To Purchase Mining at Atlanta Gold Project in Idaho
Atlanta Gold Inc. has renewed its lease and option to purchase a strategically significant 658.9 acre property located at its Atlanta Gold project in Idaho, U.S.A. for a further two years.
Kirk Land Gold Mining Exploration Review Mine Production and Future
Kirkland Lake Gold is an interesting story. In 2001, Quest Capital, a boutique mining finance company in Vancouver headed by Murray Sinclair and Bryan Bailey, had taken a hit on Brimstone Gold, which had unsuccessfully explored the historic Mayflower mine in Montana under the leadership of David Rovig.
Gold Mining Company, Alamos Gold’s Reported Gold Mine Exploration Increase 21 Percent From Sonora Mine, Mexico
In March of this year, Alamos Gold announced an increase of 21 percent in proven and probable reserves at its 100% owned Mulatos gold mine in Sonora Mexico. Coincident with the reserve increase was a decrease in measured and indicated resources of 14 percent (as those moved up into the reserve category), but an increase [...]
Teck Cominco Interest Andacollo Gold Mine Production Agree To Pay $300 Million Royalti Transaction
Teck Cominco Limited announced today that Compania Minera Carmen de Andacollo has agreed with Royal Gold Inc. to sell an interest in the gold production from the Andacollo mine for US$300 million.
