Nordgold begins mining at Lefa’s satellite deposit
Mining News Pro - Russian gold producer Nordgold has begun mining at a satellite deposit by its Lefa gold mine in Guinea, which will boost production at the operation.
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Visit: 406
Nordgold postpones IPO, citing uncertainty in gold market
Mining News Pro - Following its announcement earlier this month of an initial public offering in London, along with a secondary listing in Moscow, Nordgold has now decided to postpone its potential multi-billion-dollar IPO.
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Visit: 868
Organisers of Nordgold IPO see its value at $5.1-$6.6 billion
Mining News Pro - Two organisers of an initial public offering (IPO) for Russia-focused gold producer Nordgold see its equity value at $5.1-billion to $6.6-billion, three financial market sources told Reuters on Thursday.
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Visit: 410
Nordgold submits off-market bid for Cardinal in takeover war
Mining News Pro - A battle between Nordgold and China’s Shandong Gold over Cardinal Resources rumbles on as the Russian miner announced on Wednesday it would supplement its A$1-per-share bid with an off-market offer of equal value.
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Visit: 679
Nordgold files Takeovers Panel application against Cardinal
Mining News Pro - Nordgold has claimed to the Takeovers Panel that Cardinal Resources has been misleading about its shareholder intentions to accept or reject a takeover bid.
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Visit: 939
Nordgold taps Takeovers panel in Cardinal tussle
Mining News Pro - Gold miner Nordgold has turned to the Australian Takeovers Panel in its quest to gain ownership of ASX-listed Cardinal Resources, claiming that the takeover target was providing "misleading" statements to the market and creating a false market for the company’s shares.
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Visit: 719
Nordgold ups the ante in Cardinal battle
Mining News Pro - The directors of takeover target Cardinal Resources have urged shareholders not to take any action regarding an increased offer price from suitor Nordgold.
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Visit: 716
Nordgold ups offer for Cardinal in takeover battle
Mining News Pro - Nordgold has made an improved offer for its proposed on-market takeover over of Cardinal Resources in order to beat out competition from China’s Shandong Gold
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Visit: 739
Nordgold lobs $347m bid at Cardinal in takeover tussle
Mining News Pro - Cardinal Resources has become the focus of a takeover battle between United Kingdom-based Nordgold and China’s Shandong Gold Mining
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Visit: 583
Nordgold makes new offer for Cardinal
Mining News Pro - West Africa-focused gold explorer Cardinal Resources on Wednesday urged shareholders not to act on a competing takeover offer from producer Nordgold.
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Visit: 661
Nordgold asks China’s SUMEC to power up Lefa gold mine
Mining News Pro - Nordgold Group is looking to reduce its greenhouse gas emissions with the construction of a new 33 MW power plant at its Lefa mine in Guinea.
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Visit: 685
Cardinal gets an offer from Nordgold
Mining News Pro - Gold explorer Cardinal Resources has received an indicative non-binding takeover offer from shareholder Nord Gold (Nordgold), which valued the Australian company at A$227-million.
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Visit: 747
Nordgold increases funding for employee development, wellbeing
Mining News Pro - Gold producer Nord Gold (Nordgold) has increased funding for its employee development and wellbeing programmes by more than 17% to about $9.9-million for the 2020 financial year, from $8.2-million in the prior financial year.
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Visit: 773
Nordgold launches new Russia mine
Mining News Pro - Gold miner Nordgold has formally launched its third mine – the new Gross operation in Yakutia, Russia, which will turn the company into an one-million-ounce a year producer.
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Visit: 971