(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
SolGold PLC - Ecuador-focused exploration company - Announces that it received late last week a second USD33.3 million of funds, under its USD100 million initial deposit from its streaming agreement with Franco-Nevada (Barbados) Corp and OR Royalties International Ltd. Says the funds, part of a broader USD750 million syndicated gold stream agreement, are released after "key technical milestones" are met. These include the completion and approval of the Cascabel project execution plan. "Multiple high-priority workstreams will be advanced, including early works mobilisation, land access, permitting activities, the feasibility study, and continued drilling at the Tandayama-America deposit," SolGold says. Engineering partner G Mining Services is preparing for field mobilisation during the current quarter, it says. Read More
(Alliance News) - SolGold PLC on Friday said the third quarter reflected its "new direction and drive toward the delivery of a technically robust Cascabel [project]". Read More
(Alliance News) - SolGold PLC on Monday said it received an environmental licence for an advanced exploration phase at the Porvenir project in southern Ecuador's Zamora Chinchipe province. Read More
SolGold PLC - Ecuador-focused exploration company - Receives further investment worth USD18 million from Jiangxi Copper Co Ltd, a Chinese copper producer. The firm agrees to buy 157.1 million ordinary shares of SolGold at USD0.115 per share from wholly-owned subsidiary SolGold Canada Inc. The price is a premium of about 45% to the closing middle-market share price on March 11. The shares had been acquired through SolGold's acquisition of SolGold Canada, then called Cornerstone Capital Resources Inc in February 2023. "Therefore, no new shares of SolGold have been issued in connection with the investment and the company's total issued share capital remains unchanged," company says. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - SolGold PLC on Tuesday named its new chief executive officer and chair as it set out plans to reset its strategy. Read More
(Alliance News) - SolGold PLC on Friday said it has settled litigation proceedings with its former Chief Executive Officer Darryl Cuzzubbo. Read More
SolGold PLC - Ecuador-focused exploration company - pretax loss narrows to USD9.5 million in the three months to December 31 from USD14.9 million a year prior. Bottom line benefits from drop in exploration costs write-offs to just USD41,611 from USD8.2 million a year ago. Administrative expenses rise though to USD4.2 million from USD2.6 million. Read More
(Alliance News) - SolGold PLC in September said its annual loss had widened during its most recent financial year, primarily due to amortisation, as its project activities continue to progress. Read More
SolGold PLC - Ecuador-focused exploration company - Updates on developments related to the Cascabel copper-gold project. Says that the infrastructure investigation program has been optimised to include a ground geophysical assessment that will reduce the amount of drilling required. The contracted drillers are preparing to mobilize as the drill hole locations designed to test plant and portal locations are set up for drilling. These holes will also be part of a broader mine geotechnical program, which includes drilling for the declines, underground mine design and other site infrastructure. Further, selected core samples will be assayed for mineralization, providing critical data as the project progresses. This work represents a significant milestone in ensuring the infrastructure is developed to meet the highest safety and operational standards, company says. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - SolGold PLC on Monday secured a USD750 million financing package from Franco-Nevada (Barbados) Corp and Osisko Bermuda Ltd to fund the Cascabel project. Read More
SolGold PLC - Ecuador-focused copper and gold exploration company - Reports that discussions for a significant potential funding package for the Cascabel project are progressing. SolGold stresses that, other than USD10 million loan facility from Franco-Nevada Corp announced in May, it has not entered into any new agreements regarding such a transaction, and there can be no assurance that any discussions that have taken place will result in such agreements. But, remains focused on securing the necessary financing to develop the project and is confident in its potential to become a world-class copper-gold operation. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - SolGold PLC on Tuesday noted a pre-feasibility study technical report for the Cascabel project in Ecuador. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More