Singapore group bids for Castlemaine Goldfields
Liongold corporation has offered two of it's own shares for every nine Castlemaine shares, in a deal that would see the Singaporean company take ownership of the Victorian goldfields around ...
Liongold corporation has offered two of it's own shares for every nine Castlemaine shares, in a deal that would see the Singaporean company take ownership of the Victorian goldfields around ...
Mr Gill said LionGold, which also on Monday agreed to take an 11.4 per cent stake in the target via a placement to raise $3.89 million, was prepared to invest more capital into Castlemaine Goldfields.
CHANGE OF NAME OF WHOLLY-OWNED SUBSIDIARY - CASTLEMAINE GOLDFIELDS PTY LTD Announcement Reference SG201202OTHR4LFG Submitted By (Co./ Ind. Name) Yao Liang ... This announcement has been prepared by LionGold Corp Ltd ("the Company") and its contents have been reviewed by the Company's sponsor, W Capital Markets Pte. Ltd. (the "Sponsor"). ...
requirements, LionGold's estimated net attributable Inferred Resources as at 30 June 2020 stand at 205,000 ounces of gold, with an annual production target of 40,000 ounces of gold. The Company's wholly owned subsidiary, Castlemaine Goldfields Pty Ltd ("Castlemaine Goldfields" or "CGT"), produced 42,697 ounces of gold in FY2020, contributing
Shares in Castlemaine Goldfields rose in the wake of a $48.6 million friendly takeover offer by Singapore's LionGold Corp.
LIONGOLD CORP LTD | ANNUAL REPORT 2018 5 In particular, Castlemaine Goldfields prides itself on contributing to the Victorian economy with a special focus in Ballarat, which is a large regional city 110km west of Melbourne. For FY2018, approximately A$43 million (72%) of Castlemaine Goldfields' total expenditure was in the Victorian economy.
The company that runs one of Victoria's larger gold mines at Ballarat, Castlemaine Goldfields, lost a cumulative $31.3 million between 2012 and 2019. Advertisement
The company's takeover offer for Castlemaine — costing S$84 million — was successful and the latter has since been delisted from ASX. Both the acquisitions were settled via the issuance of LionGold shares at 86.57 Singapore cents (for Signature) and S$1.0738 (for Castlemaine) apiece. LionGold followed up with a string of smaller purchases.
Reserves Committee Code 2012, LionGold's estimated net attributable ounces as at 31 March 2016 stand at 110,600 ounces of gold resources, with an annual production target of 40,000 ounces of gold. The Group's wholly owned subsidiary, Castlemaine Goldfields Pty
Mr Edgar is an employee of Castlemaine Goldfields Ltd, is a member of the Australian Institute of Mining and Metallurgy and The Society of Economic Geologists and is a Competent Person as defined in the 2004 edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code)'.
Castlemaine Goldfields on Monday recommended to its shareholders an all-scrip bid by LionGold, a fellow gold miner, made on the same day. The offer, of two Singapore Stock Exchange-listed LionGold shares for every nine Castlemaine Goldfields shares held, valued the target at 18.4 cents per share or $48.6 million.
Castlemaine Goldfields Limited : Ballarat Gold Project Update Revision | MarketScreener Log in Sign up Markets News Analysis Our Shows Stock Picks Portfolios Watchlists Rankings Screeners Tools Our Services
The previously released Ballarat estimate was 263,000 tonnes @ 8.5 grams/tonne for 71,700 ounces reported in July 2012. This update represents an increase of 55% in gold ounces despite ongoing mining since July 2012. "We are very happy with our updated Ballarat resource estimate," says LionGold Group's chief operating officer Matthew Gill.
Ballarat Gold Mine is owned & operated by Castlemaine Goldfields Pty Ltd (CGT). A successful gold explorer & producer in... Google PR. 4. Avg. Daily Visitors. N/A. Avg. Daily Pageviews. N/A. Trustworthiness. N/A ... LionGold Corp – Asia's Own Global Gold Company. LionGold Corp is a gold company based in Singapore. We control large gold ...
Main Activities: Gold Ore and Silver Ore Mining. Full name: Shen Yao Holdings Limited Profile Updated: December 25, 2022. Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report. LionGold Corp Ltd is engaged in gold mining, development and exploration.
LionGold Announcement ASX Release 11 September 2012 COMPANY DETAILS Please find attached an announcement lodged by LionGold... | June 20, 2022
LionGold Corp 11.3% Weiss Asset Management 8.9% Baker Steel Capital Managers 6.2% Laxey Partners 6.2% Top 20 shareholders 80.0% Major Projects Ballarat Mine Project Regional Hub Projects Berringa Project Castlemaine Project Sebastian / Raydarra Project but Subject to -In For personal use only Tarnagulla Project
Update on LionGold Takeover Offer Castlemaine Goldfields Limited refers to the announcement by LionGold dated 14 August 2012 confirming that it now... | July 17, 2022
The Company's wholly owned subsidiary, Castlemaine Goldfields Pty Ltd ... 2 LIONGOLD CORP LTD ANNUAL REPORT 2019 CGT's Operations Summary FY2019 FY2018 4Q2019 3Q2019 2Q2019 1Q2019 Ounces produced 41,830 35,104 10,025 9,560 10,927 11,317 Cash operating cost / ounce sold A$1,313 A$1,395 A$1,409 A$1,446 A$1,169 A$1,256 All-in sustaining cost /
In FY2018, Castlemaine Goldfields Pty Ltd ("Castlemaine Goldfields" or "CGT"), the Company's wholly owned subsidiary, produced 35,104 ounces of gold, down 15% from 41,391 ounces. Coupled with a lower reported a loss for the $(10.6) million. The group reported an average grade of 5.8g/t in FY2017 and experienced a drop to 5.19g/t in ...
Consideration for the will be in LionGold sOffer hares, with Castlemaine shareholders offered 2 LionGold shares for every 9 Castlemaine The transaction values Castlemaine at shares. 18.4 cents per share, being a 62premium % based on the last trading day volume weighted average price ("VWAP") of LionGold shares on 13 April 2012, and a 51.7% ...
Castlemaine was one of the richest alluvial goldfields on earth with total recorded production of 5.6Moz (Willman et al 2002, Geology Survey Victoria, Report 121) Limited underground mining c.f. Bendigo and Ballarat with largest operation at the Wattle Gully Gold Mine between 1934-1969
Castlemaine Gold (CGT) purchased the Ballarat underground gold mine and all of its associated infrastructure from Lihir Gold in 2010. Lihir Gold had purchased the mine in 2007. Castlemaine Gold was subsequently acquired by LionGold Corporation in August 2012. LionGold remain the mine's current owner through its fully owned subsidiary ...
Lihir Gold had purchased the mine in 2007. Castlemaine Gold was subsequently acquired by LionGold Corporation in August 2012. LionGold remain the mine's current owner through its fully owned subsidiary Castlemaine Goldfields. Ballarat Mine to Produce 50,000 Ounces of Gold a Year
Castlemaine expensed a further $8.6 million of doubtful debts to LionGold in the 15-month period, and that expense for doubtful debts helped lower Castlemaine's taxable profit to just...
He started with Plutonic Operations and BHP with more recent experience that includes positions at Castlemaine Goldfields, Liongold Corporation, RSCMME and the GSNSW. North Stawell Minerals PO Box 758, STAWELL VIC 3380, Phone: +61 (3) 5358 9210, Email: [email protected]
The Castlemaine Gold Project consists of three granted tenements for a total holding of 304km 2. Exploration Licence EL6679 was granted on 18 June 2018 and covers 70km 2 . It is valid for five years and has a minimum expenditure commitment of $148,500 over this period. Exploration Licence EL6752 was granted on 10 July 2019 and covers 218km 2 .
The Castlemaine Gold Project is located approximately 5km south east of the town of Castlemaine and the Wattle Gully mine (Figure 9) operated between 1934 and 1969. Gold mineralisation occurs as free grains in massive or laminated quartz reefs on west dipping faults, or as bedding discordant spur quartz veins.
A lift in its primary gold revenue steam has failed to save LionGold from a $S47.8M net loss for the Sept (Q2) 2013 qtr, taking the half year result down 612% on H1 2012's $6.3M loss to a $45.2M loss. The latest half year result was on a 44% revenue increase to $80.4M for a gross profit of $10.4M, compared to H1 2012's $9.3M profit.
LionGold acquired a stake in then ASX-listed Castlemaine Goldfields in September 2012. The company has five significant tenements (including the Ballarat Gold Mine) in Australia's historic Central Victoria gold belt. The Ballarat Gold Mine has an annual production target of 40-50,000 ounces of gold.