TITLE

Ghana Gold Corp. Closes Acquisition of US$ 5 Billion Gold Mining Property

PUB. DATE
May 2013
SOURCE
African Business News;5/23/2013, p17
SOURCE TYPE
Newswire
DOC. TYPE
Article
ABSTRACT
The article reports that gold mining company Ghana Gold Corp. (GGCO) has closed the acquisition of the $5 billion gold mining property with World Sports Alliance (WSA) Inter-Governmental organization. It states the 500 million restricted shares and $250 million 10-year corporate debenture owned by WSA. It also mentions the 800,098,000 total issued and outstanding transaction of common shares.
ACCESSION #
92541969

 

Related Articles

  • Ghana Gold Corp. (GGCO) announced that it is now current in its filings.  // African Business News;5/13/2013, p18 

    The article reports on the Asset Purchase Agreement between Ghana Gold Corp., a gold exploration and alluvial gold production company with the intergovernmental organization World Sports Alliance(WSA). According to Ghana chief executive officer (CEO) Elaine Affleck, the company is working on an...

  • Newmont Mining to acquire Miramar in $1.53 billion deal.  // Mining Engineering;Nov2007, Vol. 59 Issue 11, p10 

    This article reports on the acquisition of Miramar Mining by Newmont Mining. Under the deal, Newmont Mining will be given a 100 percent stake in the Hope Bay project of Miramar Mining. The Hope Bay, which is located at north of the Arctic Circle, is largely unexplored but is estimated to contain...

  • Ghana Gold Corp. Receives Endorsement and Support from the Government of Central African Republic.  // African Business News;6/13/2013, p26 

    The article reports on the announcement of gold mining company Ghana Gold Corp. that it has received the complete support from the government of the Central African Republic to accelerate the development of its gold reserves. It notes that Central Afriacn Republic President Michael Djotodia...

  • Golden oldies. Haselhurst, David // Bulletin with Newsweek;5/16/2006, Vol. 124 Issue 6520, p54 

    The article reports that Hill End Gold, one of Australia's richest historic goldfields, is poised to come back as potential winner. The company holds more than 90% of the ground covering what was the richest goldfield in New South Wales in the 1870s. Its tenements cover 460sq km consolidated...

  • Junior goes to two camps. Walker, Ryan // Canadian Mining Journal;Sep2006, Vol. 127 Issue 6, p23 

    This article focuses on the operations of Alexis Minerals in its mining camps in Val d'Or and Rouyn-Noranda in northwestern Quebec. The company's property in Val d'Or is composed of eight gold and base metal mines. In the Val d'Or camp, the company is planning more exploration drilling. In the...

  • Reserves cud overfloweth. McKay, David // Finance Week;4/13/2005, p31 

    The article reports that AngloGold Ashanti Inc.'s resources and reserves statement shows the benefit of the merger of the companies in 2004. Ore reserves increased by more than 20m oz, whereas reserves were lower at AngloGold, a typical outcome of the improved strength of the rand for the rest...

  • Canadian outfit buys Nevada gold miner. Knightly, Arnold M. // Las Vegas Business Press (10712186);9/11/2006, Vol. 23 Issue 37, p3 

    The article discusses the actions of Canadian gold company Goldcorp to acquire gold miner Glamis Gold in Reno, Nevada. The merger will transform Goldcorp to the fifth largest gold producer in the world. The merger is a positive for Nevada because Goldcorp has resources that they can bring on the...

  • Ghana Gold Corporation announces Letter of Intent to acquire Founders Mining.  // African Business News;3/ 1/2013, p1 

    The article reports on the move of gold exploration and alluvial gold production firm Ghana Gold Corp. which announced a Letter of Intent to purchase gold mining company Founders Mining and Minerals PLC. It provides brief corporate profiles of both companies, which have reportedly been...

  • Two Gold Juniors Pursue Merger.  // Engineering & Mining Journal (00958948);Oct2005, Vol. 206 Issue 8, p30 

    This article reports that Western Goldfields (WG) and Romarco Minerals Inc. announced that preparations to merge the two companies were continuing, and that their initial focus would be on starting a feasibility study at the Mesquite mine of WG in southern California. It is expected that the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics