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Solgold Temporarily Suspends Site Work In Ecuador
SolGold Says In Talks For Securing Funding Package For Development Of Alpala Project
Solgold Quarterly loss before tax $1.5 million versus loss of $23.7 million
SolGold Plc is an Australia-based copper, gold exploration and development company. The Company is focused on the riches of the North Andean Copper Belt in Ecuador. The Company has several class intersections of continuous copper and gold mineralization from its flagship project Cascabel. The Company has assets in Ecuador, Solomon Islands and Australia. The Company’s Cascabel Project is a porphyry copper-gold deposit located in the Imbabura province of northwest Ecuador.
L 27 111 Eagle St
Brian Gerry Moller
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Chief Financial Officer
Executive General Manager, Project and Corporate Finance
Jason Thomas Ward
Executive Director - Project Management
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BHP Group <BHP.AX> will pay 17.1 million pounds ($21.9 million) to become the biggest shareholder in SolGold Plc <SOLG.L>, the majority owner of the Cascabel copper-gold project in Ecuador.
BHP Group <BHP.AX> will pay 17.1 million pounds to raise its stake in SolGold Plc <SOLG.L>, the majority owner of a key Cascabel copper-gold project in Ecuador, to 14.7% from 11.1% currently, it said on Monday.
** Shares of Ecuador gold and copper miner SolGold Plc surge 25.5% at 35.9 pence, in their best single-day percentage gain since July 2016
The world's biggest miner BHP <BHP.AX> <BLT.L> nearly doubled its stake in SolGold Plc <SOLG.L> on Tuesday, vying for position with top shareholder Newcrest Mining <NCM.AX> as it eyes SolGold's promising Cascabel copper-gold project in Ecuador.
The world's biggest miner BHP on Tuesday upped its share in SolGold Plc, bolstering its position against top shareholder Newcrest Mining as it eyes SolGold's promising Cascabel copper-gold project in Ecuador.
The world's biggest miner BHP on Tuesday said it entered a share subscription agreement with copper-gold explorer SolGold Plc, under which SolGold will issue a 100 million shares to the company.
Global miner BHP <BHP.AX> has struck a deal to pay $35 million (27.4 million pounds) for a 6.1 percent stake in SolGold <SOLG.L>, giving it a share in the promising Cascabel copper-gold project in Ecuador after an earlier attempt failed.
Global miner BHP said on Wednesday it would buy a 6.1 percent stake in SolGold PLC , the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador.
* Says entered into lock up agreement with solgold Plc, shareholder owns 6.80 pct of outstanding ordinary shares of solgold
* Will own 11.25 percent of SolGold upon closing and have about 25 percent economic interest (directly and indirectly) in Cascabel concession
* Agreed to acquire 78.2 million ordinary shares of Solgold PLC from multiple parties
Copper and gold explorer SolGold <SOLG.L> on Friday said it was raising $41.2 million (32.25 million pounds), on top of more than $30 million announced in October, as it widens its search for resources in Ecuador after already finding one world class asset.
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