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Cardinal Resources advises shareholders to accept Shandong takeover bid

Shandong Gold has increased its takeover offer for West African gold explorer Cardinal Resources to A$1.00 a share, up from its previous offer of $0.70 a share.
Altus Strategies gold Cote d'ivoire

Nordgold increases takeover offer for Cardinal Resources

ASX and TSX-listed gold explorer Cardinal Resources has advised its shareholders to take no action on the increased takeover offer tabled by privately-held gold miner Nordgold.
Cardinal Resources

Cardinal Resources amends bid implementation agreement with Shandong Gold

Gold explorer Cardinal Resources has entered into a deed with Shandong Gold Mining to amend the bid implementation agreement, following its all-cash takeover bid on 18 June.
Cardinal Resources

Cardinal Resources takeover bid heats up

West African gold explorer Cardinal Resources is the target of a takeover battle between Nordgold and Shandong Gold Mining.
gold Mako Gold

Mako Gold signs sale agreement with Nordgold

Divesting the Niou Project in Burkina Faso allows Mako Gold to focus its exploration efforts and capital on its flagship Napié Project in Côte d’Ivoire.
Golden Rim Resources

Guinea’s largest gold mine invests in new environment-friendly power plant

Internationally diversified gold producer Nordgold Group has signed an engineering, procurement and construction agreement to design and construct a 33 MW power plant at its Lefa mine - one of the largest gold mines in Guinea.
Altus Strategies gold Cote d'ivoire

Nordgold makes offer for Cardinal Resources

Privately-held gold miner Nordgold has made a non-binding indicative and conditional proposal to acquire all the issued share capital of ASX-listed gold junior Cardinal Resources not already owned by Nordgold.
gold Mako Gold

Nordgold expands investment in Burkina Faso

Nordgold has more than doubled capital expenditures in the development of its three mines in Burkina Faso. This equates to over US$145 million in 2018.
Mako Gold

West African Resources appoints construction head as Sanbrado enters build phase

West African Resources has appointed a chief development officer as it moves into the development phase at its Sanbrado gold project in Burkina Faso.