SolGold settles litigation with former chief executive officer
21st Feb 2025 10:57
(Alliance News) - SolGold PLC on Friday said it has settled litigation proceedings with its former Chief Executive Officer Darryl Cuzzubbo. 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
(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
(Alliance News) - SolGold PLC on Friday said it has successfully completed a new pre-feasibility study at its Cascabel project, noting a significantly reduced initial capital cost. Read More
SolGold PLC - Ecuador-focused copper and gold exploration company - Says pretax loss widens to USD21.9 million in the six months to December 30 from USD17.6 million the year before. This was partly due to finance costs rising to USD8.1 million from USD5.5 million the year prior. Sol Gold did not generate any revenue for the half-year, unchanged from a year ago. Read More
SolGold PLC - Ecuador-focused copper and gold exploration company - Says phased approach pre-feasibility study for its 100% owned Cascabel project located in northern Ecuador is nearing completion. Says it expects the phased approach to demonstrate a lower risk path for Cascabel, with several project optimisations expected compared to the 2022 Cascabel PFS, including lower capital costs. Also reports that its Ecuadorian exploration team has been active this month, making progress at the Blanca-Nieves project, which hosts the newly discovered La Florida target. Says exploration activities are expected to continue over the course of 2024, focusing on advancing new target areas and prospects for new discoveries. Blanca-Nieves is located 10 kilometres north of the Cascabel project. Read More
SolGold PLC - Ecuador-focused copper and gold exploration company - Identifies a "promising" new porphyry copper-gold-molybdenum target at Anomaly 4 at the Espejo project. Chief Executive Officer Read More
(Alliance News) - SolGold PLC on Tuesday said recent exploration at its La Florida target has led to the discovery of visible gold. Read More