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.
Latest Stories
Argentina lifts curbs on cyanide use at Barrick’s Veladero mine
While the measure allows the company to resume full operations, Barrick said it plans to gradually restart them.
Lacking significant catalyst, Redstar Gold jumps 12% on 15x volumes
The junior mining market suddenly pivoted towards an Alaska-focused gold explorer today, which is advancing a high-grade gold play in Alaska.
BHP Billiton announces new Chairman
The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser
Crystallex moves forward in legal dispute with Venezuela
A court in the District of Columbia is allowing Canadian Crystallex the possibility of advancing in a legal dispute against Venezuela
Cliffs picks site in Ohio for $700-million iron ore plant
Up to 130 jobs could be created in Ohio at a new iron ore processing facility to be operated by Cliffs Natural Resources (NYSE:CLF).
Korean consortium bids for Australian iron-ore giant Arrium
A consortium of companies including Korean steel juggernaut POSCO has made a bid for Arrium, a major Australian iron ore miner and steelmaker.
More than 1,500 workers fired at Sibanye’s Cooke mine over strike
Workers at the mine downed tools over a week ago, angered by the company’s actions to eradicate illegal miners from its operations.
South Africa just hiked black ownership rules, miners getting crushed
The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.
