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New Gold completes withdrawal from Australia

By: Creamer Media Reporter      26th February 2018 Canadian intermediate gold producer New Gold has withdrawn from the exploration earn-in at the Fifield project, in central New South Wales, thereby completing its withdrawal from Australia. New Gold spent more than $2-million in the Fifield project area in the 12 months to the end of December.... 

New Gold sells Peak mines for $58m

By: Anine Kilian     21st November 2017 TSX-and NYSE-listed intermediate gold miner New Gold has entered into a binding agreement with ASX-listed Aurelia Metals to sell its Peak mines in Cobar, New South Wales, Australia for a cash consideration of $58-million. Aurelia intends to fund the transaction through a combination of an... 

Bligh to raise funds for exploration, names new MD and CEO-elect

By: Megan van Wyngaardt     22nd July 2016 Gold developer Bligh Resources on Friday announced an underwritten capital raising of $1.7-million to fund exploration opportunities in the Leonora area of Western Australia. The Sydney-based company appointed Somers & Partners to underwrite the capital raising, the proceeds of which will be used... 

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