SolGold Mining News

Newcrest ups stake in Ecuador with Cornerstone deal

Australia’s largest gold producer has signed an option and farm-in agreement with Toronto-listed Cornerstone Capital Resources over two early stage projects in Ecuador.

SolGold seeks support from Cornerstone's shareholders in bid for Ecuador project

SolGold is frustrated at the rejection of its planned bid for Canadian firm Cornerstone, which holds 15% of the Cascabel copper-gold project in Ecuador.

SolGold wants to tighten grip on Ecuador project, buy out minority shareholder

Miner has unveiled plans to make an all-share offer for Cornerstone Capital Resources, a Canadian firm that has a 15% interest in SolGold's coveted Cascabel copper-gold project.

Ecuador’s rising opposition to mining may thwart exploration boom

As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

SolGold begins 2019 strong on new mineralization at Ecuador project

Company has discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.

Australia's top gold miner boosts bet on Ecuador copper project

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.

SolGold CEO excited by prospects for Ecuadorian copper-gold

SolGold said that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017.

Copper, gold mines now likely cheaper to construct than to buy-research

Results suggest that exploration and building remains the riskier but potentially more cost-effective alternative

BHP raises stake in promising Ecuador copper project

BHP has agreed to pay 45 pence per SolGold share.

SolGold loss almost doubles as its goes all in at Ecuador projects

For the 12 months to June, SolGold's pre-tax loss was A$15.3 million, compared to $8.3 million it recorded a year before.

World’s biggest miner speeds hunt for copper assets, buys stake in SolGold

BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.

SolGold intersects copper, gold at flagship project in Ecuador

Company believes its Cascabel copper-gold project, 180 km north of the capital Quito, may become one of the largest copper-gold porphyry systems ever discovered.

Solgold shares jump on Ecuador drilling

Up 8% at the open after intersects add more bulk to already massive Cascabel copper-gold project in north of South American country.

SolGold on a roll, confirms major copper-gold target at Ecuador project

Results from 11 of the 12 drilling rigs at its 85%-owned Cascabel copper-gold project, suggest there is much more intense mineralization in the property than thought earlier, the company said.

Solgold maiden resource at Alpala, Ecuador is 5.2m tonnes copper

And 12.3m contained ounces of gold.

Solgold shares surge on latest drilling at giant Ecuador copper project

Brisbane-based company promised maiden resource for Cascabel copper-gold porphyry on the Andean belt before the end of the year.

SolGold on a roll in Ecuador with finds at Timbara, Porvenir projects

The Ecuador-focused miner said it has discovered "promising" new copper prospects at the Porvenir and Timbara projects, with rock chip samples graded up to 4.27% copper.

SolGold on a roll in Ecuador, extends mineralization at Cascabel

The Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.

SolGold up on Ecuador project results, Canada listing

Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive.

SolGold soars after raising more than $41 million via share placing

The placing is at a 15% premium to SolGold's closing price on Thursday and at a 12% discount to its peak share price of 46.75p on May 26.