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OBORTS Company, Opposite the residence of old General Mambou, Near Dragage, Bastos, Yaoundé, Cameroon
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Mr. Edward Farrauto, CEO of Pinecrest Resources is pleased to announce that the Company has signed non-binding letters of intent with Red Back Mining Ghana Limited a wholly- owned subsidiary of
Edgewater Exploration Acquires Red Back Mining's Enchi Gold Project, Ghana Mr. Edward Farrauto, President and CEO of Edgewater Exploration Ltd. ("Edgewater" or …
Dec 16, 2020· Enchi used to be under the leadership of Red Back Mining and we bought into the asset, investing US$5 million in return for a 51% stake. Shortly after this deal, Red Back was acquired by Kinross and Enchi became part of Pinecrest Resources that ultimately acquired 100% ownership of …
Sep 29, 2014· Pinecrest Resources Ltd. is pleased to provide an update on the acquisition of a 100% legal and beneficial interest in the Enchi gold project located in Ghana (the "Project") from Edgewater Exploration Ltd. ("Edgewater") which holds 51% of the Project and Red Back Mining Ghana Ltd. ("Red Back"), a wholly-owned subsidiary of Kinross Gold
Nov 06, 2019· The Company is presently advancing and developing its 100% owned Enchi gold project located in South West Ghana. Major shareholders of the Company include Red Back Mining Ghana Ltd. (a wholly-owned subsidiary of Kinross Gold Corporation) and management. On Behalf of the Board of Directors. PINECREST RESOURCES LTD. Signed “Ryan King” Ryan King,
Red Back shareholders to receive 21% premium on transaction Kinross to accelerate development program at Tasiast. Toronto, Canada, August 2, 2010 - Kinross Gold Corporation (TSX: K, NYSE:KGC) and Red Back Mining Inc. (TSX:RBI) today announced that their respective boards of directors have unanimously approved a friendly merger through a plan of arrangement, whereby Kinross will acquire …
Another team member on the ground to highlight is Dan Wilson. Dan's worked on the Enchi Project on-and-off for the last 20 years. He worked with Red Back Mining back in the early 2000s and has worked all over Africa since. He joined the Newcore team in 2010 and has been with the Enchi Project ever since. OTCQX Listing
Dec 01, 2014· Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support
The Company is presently advancing and developing its 100% owned Enchi gold project located in South West Ghana. Major shareholders of the Company include Red Back Mining Ghana Ltd. (a wholly-owned subsidiary of Kinross Gold Corporation) and management. On Behalf of the Board of Directors
Red Back Mining Inc. is an unhedged Vancouver based mineral resource company. Its focus is West Africa where it operates the Chirano Gold Project in Ghana and the Tasiast Gold Mine in Mauritania. It has one division, Red Back Mining NL, based in Perth, Australia.While independent it was considered one of Canada's Largest gold companies with a market capitalization of $ 5.8 billion or 3/4 as
Apr 05, 2011· It hasn’t even been a year since Kinross paid $7.1 billion for Red Back Mining. Edgewater’s Enchi project was optioned from Red Back before the transaction, and Red Back had completed major
Red Back Mining was JV to Chirano Gold Mine now KINROSS. I was part of the team that developed the Akwaaba underground Resource. I was a grade control geologist on Tank Open Pit. I was very instrumental in all the Regional Mineral Exploration Programs, example, Enchi, Bibiani and Chirano Exploration Projects.
Aug 12, 2020· The Financial Model was completed on a 100% Project basis and includes a 5% NSR to the Ghanaian Government and a 2% NSR to Red Back Mining Ghana, a subsidiary of Kinross Gold. 5.
To earn 51% of Red Back's ownership in the Enchi Project licences (45.9% direct interest in the Project) Edgewater is required to spend a total of C$5.0 million on work expenditures on the Enchi Gold Project within 26 months of the closing of the transaction ("Closing") with C$2.0 million required to be spent within 14 months of Closing.
A high-level overview of Red Back Mining Inc. (RBIFF) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.
Pinecrest Resources Ltd. (“Pinecrest” or the “Company”) (TSX-V: PCR) announces that the Company is evaluating options to build value for its shareholders on the
May 22, 2014· Transaction Terms with Red Back . Pinecrest has entered into a non-binding letter of intent (the "Red Back LOI") dated effective as of May 19, 2014 to acquire Red Back's 49% legal and beneficial interest* in the Project. Details of the material terms of the Red Back …
Red Back Mining Inc. 34 followers on LinkedIn. Red Back Mining Inc. is a mining & metals company based out of 885 W Georgia St, Vancouver, British Columbia, Canada.
Red Back Mining, now Kinross Gold Corp., optioned to Edgewater the Enchi Gold Project in West Africa, Ghana, located 70 km southwest of Kinross’ 5 million oz Chirano Gold Mine. The Enchi Gold Project covers a 40 km strike length of the Bibiani Shear Zone that hosts a number of major gold mines and deposits including the Chirano Gold Mine and
Red Back Mining News Monitoring. Get by Email • RSS. Published on Sep 4, 2020. Gold reserves growth dwindling globally. Research agency Standard & Poor’s (S&P's) Global Market Intelligence says major gold miners globally have seen their economically mineable gold reserves decline over the last decade, owing to a lack of new discoveries and
Enchi used to be under the leadership of Red Back Mining and we bought into the asset, investing US$5 million in return for a 51% stake. Shortly after this deal, Red Back was acquired by Kinross and Enchi became part of Pinecrest Resources that ultimately acquired 100% ownership of the project.
Newcore launched in mid-2014 as Pinecrest Resources and soon acquired Enchi from Edgewater Exploration and Red Back Mining. Management worked fast, completing a positive PEA during 2015, but as gold languished over the following years and the team focused its efforts on building Newmarket Gold and Calibre Mining, exploration was limited mostly
Edgewater Exploration (TSX-V: EDW) said Wednesday that it has begun a more than 12,000 metre exploration program on its Enchi Gold project in southwest
May 22, 2014· Additionally, Pinecrest will be acquiring the remaining 49% interest from Red Back Mining Ghana Limited ("Red Back") a wholly owned subsidiary of Kinross Gold Corporation ("Kinross"). Pursuant to the completion of the transaction with Edgewater and Kinross, Pinecrest will own 100% of the Enchi Gold Project and be a West African precious metals
Enchi Gold Project, Ghana On December 4, 2014, the Company completed the acquisition of the Enchi Gold Project (the “Project”) located in southwest Ghana from Red Back Mining Ghana Limited (“Red Back”), a wholly-owned subsidiary of Kinross Gold
The financial model was completed on a 100% Project basis and includes a 5% NSR to the Ghanaian Government and a 2% NSR to Red Back Mining Ghana Ltd., a wholly owned subsidiary of Kinross.
Pinecrest Resources Ltd. is pleased to provide an update on the acquisition of the Enchi gold project located in Ghana from Edgewater Exploration Ltd. which holds 51% of the Project and Red Back
Red Back Mining Inc. is an unhedged African focused gold producer. It owns and operates the Chirano Gold Mine in Ghana (90 percent interest) and the Tasiast Gold Mine in Mauritania (100 percent owned). Tasiast is now in commercial production. The end-2009 production is scheduled at approximately 230 000 ounces of gold.
Enchi covers 50 km of the prolific Bibiani Shear zone and is roughly 70 km southwest of the Chirano mine, formerly operated by Red Back Mining and now Kinross. Edgewater is earning a 51% interest in eight contiguous licences previously explored by Red Back, which identified 16 …
The acquisition of the Corcoesto deposit complements our existing joint venture with Red Back Mining Inc. on the Enchi gold project in Ghana. The Enchi project hosts numerous gold mineralized zones some of which have been extensively and successfully drilled by Red Back. Edgewater is planning to conduct major drill campaigns during 2010-2011 on
Dec 17, 2015· The financial model was completed on a 100% Project basis and includes a 5% NSR to the Ghanaian Government and a 2% NSR to Red Back Mining Ghana, a subsidiary of Kinross. The Post-Tax financial model includes a 35% corporate tax rate, demonstrating a base case NPV of $44.8 million at a discount rate of 5%.
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Red Back Mining - Wikipedia, the free encyclopedia. Red Back Mining Inc. is an unhedged Vancouver based mineral resource company. Its focus is Its flagship mine, Chirano began producing gold in 4th quarter of 2005 through its subsidiary Chirano Gold Mines Limited (CGML).
US$7.1B Kinross-Red Back merger gets an OK from Canaccord Genuity. There’s been some skepticism surrounding the proposed US$7.1-billion merger between Kinross Gold Corp. and Red Back Mining Inc. , but some new data on Red Back’s Tasiast gold mine released by Kinross ahead of its shareholders’ meeting has Canaccord Genuity now giving the deal a thumbs-up.