Superior Gold Inc, a Canadian-based gold producer, has entered into a takeover agreement with Catalyst Metals, an Australian exploration company.
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“Disappointed” was the word Newmont chief executive officer Tom Palmer used when discussing the rejection of his company’s bid for Australian gold miner Newcrest.
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The Yandal South project’s drilling operation comprised two air-core programs totalling 5708m, successfully identifying new areas of gold mineralisation.
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Australia’s Newcrest Mining has confirmed it received a $24 billion takeover offer from Newmont Corporation, the world’s largest gold mining company.
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Red5, De Grey Mining and 29Metals have reported strong results in their latest quarterly reports, including in new exploration, executive appointments and gold production.
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Evolution Mining has enjoyed a bumper quarter with higher gold and copper production, a new chief financial officer (CFO) and continued exploration at Ernest Henry.
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Evolution Mining has satisfied the earn-in requirement under the Cue Project Earn-in and Exploration Joint Venture Agreement to earn a 75 per cent interest in the Cue JV in WA’s Murchison district.
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