Nordgold
Gold
Cardinal Resources advises shareholders to accept Shandong takeover bid
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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.
Gold
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.
Gold
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.
West Africa
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 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.
West Africa
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.
West Africa
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
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.
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.