Romarco says Haile EIS decision delayed to 2013

TSX-listed Romarco Minerals on Wednesday said it would now only receive a decision on its Federal 404 Wetlands permit for the Haile gold project, in South Carolina, on August 16, 2013. In February, Romarco said it expected permitting at the end...

$12m budget allocated for Haile drill programme

Gold development company Romarco Minerals’ $12-million 2012 drill campaign at its Haile gold mine, based on the positive results from the 2011 exploration programme, will predominantly focus on step-out, greenfield exploration and deep drilling,...

Assay labs race to boost capacity as exploration burgeons

Surging metals prices over the last two years have brought about a boom in exploration, putting pressure on drill rig suppliers and the mineral laboratories that test the core samples with companies having to wait longer than six months for assay...

Romarco's Haile gold resource surpasses 4Moz

Romarco Minerals on Tuesday announced a 29% boost in measured and indicated resources at its Haile gold project in South Carolina, with the number topping the four-million ounce mark. And with permitting anticipated at the end of the year, the...

Romarco to sell $70m in shares

Romarco Minerals, which owns the Haile gold mine in South Carolina, on Tuesday said it would raise $80-million from selling new shares, sending its stock down 4% on the TSX. The company appointed National Bank Financial and BMO Capital Markets to...

Romarco touts silver lining as EIS order delays project by 12 months

Executives at Romarco Minerals took pains on Monday to emphasise the “positives” associated with a decision by the US Army Corps of Engineers to request an environmental impact statement process for the company's flagship Haile project in...

Romarco still targets mine permits, finance by year-end

TSX-listed Romarco Minerals is still aiming to have the permits it needs to build the Haile gold mine in South Carolina in hand by the end of this year, CEO Diane Garrett said in an interview on Monday. The company is also aiming to have...

Romarco unveils Haile feasibility numbers, may break ground by yr-end

TSX-listed Romarco Minerals aims to start work at its flagship Haile gold project in South Carolina before the end of 2011, and is already looking at the potential for expansions at the mine, CEO Diane Garrett said on Thursday. Romarco published...

Romarco hires Barclays Capital to advise on project finance

TSX-listed Romarco Minerals has appointed Barclays Capital as adviser for the debt financing the company needs to build its Haile gold project, in South Carolina. In connection with the engagement, Barclays Capital has appointed Denver-based...

Romarco moves to TSX, mulls expansions down the road

- Toronto-based Romarco Minerals, which graduated to the TSX main board on Friday, said that it could double production at its Haile mine in South Carolina to around 300 000 oz/y. The mine is set to pour its first gold at the end of 2012, after...

Romarco looking at 2012 for first gold at Haile mine

TSX Venture Exchange-listed Romarco Minerals now expects to complete a feasibility study for its Haile gold mine, in South Carolina, early next year, which could mean first production late in 2012, CEO Diane Garrett said on Friday. The firm had...

Romarco touts local support for S Carolina gold project

Local authorities and communities are so determined to see Romarco Minerals' Haile gold project, in South Carolina, up and running that the company has received tax credits and incentives that will amount to yearly savings of some $3-million, CEO...