Nordgold begins mining at Lefa’s satellite deposit
Mining News Pro - Russian gold producer Nordgold has begun mining at a satellite deposit by its Lefa gold mine in Guinea, which will boost production at the operation.
-
-
Visit: 411
Copper comes a cropper at DRDGold’s Far West
Mining News Pro - A new R12-million copper elution circuit at DRDGold’s Far West Gold Recoveries (FWGR) surface retreatment operation is expected to deliver an additional 1.2 kg to 1.8 kg of gold a month that would otherwise have been lost to refining charges.
-
-
Visit: 390
Nordgold postpones IPO, citing uncertainty in gold market
Mining News Pro - Following its announcement earlier this month of an initial public offering in London, along with a secondary listing in Moscow, Nordgold has now decided to postpone its potential multi-billion-dollar IPO.
-
-
Visit: 873
Organisers of Nordgold IPO see its value at $5.1-$6.6 billion
Mining News Pro - Two organisers of an initial public offering (IPO) for Russia-focused gold producer Nordgold see its equity value at $5.1-billion to $6.6-billion, three financial market sources told Reuters on Thursday.
-
-
Visit: 413
DRDGold declares 60%-higher dividend on soaring earnings
Mining News Pro - Surface gold recovery company DRDGold has declared an interim cash dividend on soaring six-month earnings.
-
-
Visit: 687
DRDGold advises of significant rise in interim earnings
Mining News Pro - DRDGold expects to report earnings per share (EPS) of between 106.2c and 115.8c apiece for the six months ended December 31, 2020.
-
-
Visit: 783
Nordgold submits off-market bid for Cardinal in takeover war
Mining News Pro - A battle between Nordgold and China’s Shandong Gold over Cardinal Resources rumbles on as the Russian miner announced on Wednesday it would supplement its A$1-per-share bid with an off-market offer of equal value.
-
-
Visit: 683
Nordgold files Takeovers Panel application against Cardinal
Mining News Pro - Nordgold has claimed to the Takeovers Panel that Cardinal Resources has been misleading about its shareholder intentions to accept or reject a takeover bid.
-
-
Visit: 943
Nordgold taps Takeovers panel in Cardinal tussle
Mining News Pro - Gold miner Nordgold has turned to the Australian Takeovers Panel in its quest to gain ownership of ASX-listed Cardinal Resources, claiming that the takeover target was providing "misleading" statements to the market and creating a false market for the company’s shares.
-
-
Visit: 723
Nordgold ups the ante in Cardinal battle
Mining News Pro - The directors of takeover target Cardinal Resources have urged shareholders not to take any action regarding an increased offer price from suitor Nordgold.
-
-
Visit: 720
Nordgold ups offer for Cardinal in takeover battle
Mining News Pro - Nordgold has made an improved offer for its proposed on-market takeover over of Cardinal Resources in order to beat out competition from China’s Shandong Gold
-
-
Visit: 745
Cash-gushing DRDGold declares dividend on fourfold rise in operating profit
Mining News Pro - Surface gold mining company DRDGold on Tuesday declared its 13th successive-year dividend distribution on a fourfold-plus increase in group operating profit of R1 562.1-million, a sevenfold-plus headline earnings surge and rocketing market capitalisation.
-
-
Visit: 550
DRDGold improves yearly output
Mining News Pro - DRDGold has reported a 9% year-on-year increase in gold production to 174 385 oz in the financial year ended June 30.
-
-
Visit: 629
Nordgold lobs $347m bid at Cardinal in takeover tussle
Mining News Pro - Cardinal Resources has become the focus of a takeover battle between United Kingdom-based Nordgold and China’s Shandong Gold Mining
-
-
Visit: 585
Nordgold makes new offer for Cardinal
Mining News Pro - West Africa-focused gold explorer Cardinal Resources on Wednesday urged shareholders not to act on a competing takeover offer from producer Nordgold.
-
-
Visit: 666
Fortescue awards RDG with new Cloudbreak mine contract
Mining News Pro - Resource Development Group (RDG) has won a contract with Fortescue Metals Group to design and build an overpass at the Cloudbreak mine in Western Australia.
-
-
Visit: 677
DRDGold declares cash dividend
Mining News Pro - The board of DRDGold has declared a cash dividend of 25c a share for the quarter ended March 31, the surface gold mining company said on Friday.
-
-
Visit: 670
DRDGold earnings up for quarter, R213m dividend paid
Mining News Pro - Surface gold mining company DRDGold on Thursday reported an 18% quarter-on-quarter increase in adjusted earnings to R389.3-million for the three months to March 31.
-
-
Visit: 650
Nordgold asks China’s SUMEC to power up Lefa gold mine
Mining News Pro - Nordgold Group is looking to reduce its greenhouse gas emissions with the construction of a new 33 MW power plant at its Lefa mine in Guinea.
-
-
Visit: 691
Cardinal gets an offer from Nordgold
Mining News Pro - Gold explorer Cardinal Resources has received an indicative non-binding takeover offer from shareholder Nord Gold (Nordgold), which valued the Australian company at A$227-million.
-
-
Visit: 757
Nordgold increases funding for employee development, wellbeing
Mining News Pro - Gold producer Nord Gold (Nordgold) has increased funding for its employee development and wellbeing programmes by more than 17% to about $9.9-million for the 2020 financial year, from $8.2-million in the prior financial year.
-
-
Visit: 778
Nordgold launches new Russia mine
Mining News Pro - Gold miner Nordgold has formally launched its third mine – the new Gross operation in Yakutia, Russia, which will turn the company into an one-million-ounce a year producer.
-
-
Visit: 978
DRDGold expects first tailings production from WRTRP assets in Q1 2019
Mining News Pro - Following the successful implementation of the transaction between JSE- and NYSE-listed Sibanye-Stillwater and JSE- and NYSE-listed DRDGold, Sibanye-Stillwater now owns 38.05% of the issued share capital of DRDGold, which is currently worth R895.7-million.
-
-
Visit: 896