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Stock Market & Financial Investment News

News Breaks
March 13, 2014
06:00 EDTAU, BTGB2Gold, AngloGold announce positive results from PEA for Gramalote gold project
B2Gold announced positive results from the Preliminary Economic Assessment, or PEA, for the Gramalote gold project in Colombia. The Gramalote property is a 51% AngloGold Ashanti and 49% B2Gold joint venture with AngloGold Ashanti as the project manager. Gramalote is located 230 kilometers northwest of Bogota and 80 km northeast of Medellin in central Colombia. The Company is pleased to announce AngloGold Ashanti has completed a new Joint Ore Reserves Committee and National Instrument 43-101 compliant Mineral Resource estimate for Gramalote Central Zone, Monjas West and Trinidad. The new mineral resource estimate was utilized in the preparation of the PEA. Total Measured and Indicated Mineral Resources at Gramalote Central and Monjas West at a 0.15 gram per tonne gold cut-off, within a $1,600 per ounce gold optimized Whittle pit consists of 132.7M tonnes grading 0.63 g/t gold for a total of 2.69M troy ounces of gold. The Gramalote Central, Monjas West and Trinidad Inferred Mineral Resource is 239.7M tonnes grading 0.44 g/t gold for a total of 3.36M troy ounces of gold using similar parameters as the Measured and Indicated Mineral Resource.
News For BTG;AU From The Last 14 Days
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April 15, 2015
18:08 EDTBTGB2Gold reports Q1 consolidated gold production 115,859 ounces
First quarter highlights include: Record quarterly consolidated gold production of 115,859 ounces, including 18,815 ounces of pre- commercial production from Otjikoto, 20% greater than in the same period in 2014; Record gold sales of 114,799 ounces, or 133,265 ounces including 18,466 ounces of pre-commercial sales from Otjikoto; Gold revenue of $138.9M, or a record of $162M including $23.1M of pre- commercial sales from Otjikoto; New Otjikoto Mine in Namibia successfully transitioned into production, achieving commercial production one month ahead of schedule on February 28, 2015; Otjikoto mill expansion from 2.5M tonnes per year to 3M tonnes per year remains on schedule, expecting to increase gold production starting in September 2015; Company is on track to meet its 2015 guidance of 500,000 to 540,000 ounces of gold production at cash operating costs between $630 to $660 per ounce and all-in sustaining costs between $950 and $1,025 per ounce; In Mali, the Fekola Project feasibility study is well underway with completion expected in the second quarter of 2015; Road construction and site earthworks commenced in February 2015.
April 12, 2015
13:39 EDTAUNewmont, Kinross in second-round talks for AngloGold mine, FT says
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