Gold Fields declares Glencar offer unconditional

South African gold major Gold Fields on Monday declared its offer for exploration firm Glencar Mining, unconditional. Gold Fields announced in July that it would buy Dublin-headquartered Glencar, which has operations in Mali, Ghana and Uganda, in...

Daily podcast – July 8, 2009

In today's podcast: Merafe Resources announces that it's recommissioning several furnaces in response to strengthening global demand for ferrochrome; and underground trial mining at junior gold-miner Central Rand Gold's Consolidated Main Reef...

Glencar terminates Gold Fields JV negotiations

Dublin-based exploration company Glencar Mining has terminated its joint-venture (JV) negotiations with South African gold producer Gold Fields. In March, the companies had entered into negotiations and signed a letter of intent (LOI), regarding...

Explorer Glencar secures $40m in Gold Fields deal

Aim-listed gold explorer Glencar Mining has signed a letter of intent with South Africa’s Gold Fields, which secures for it funding of up to $40-million for exploration. Glencar says in a media release a the joint-venture agreement has been...

Irish luck exploring African gold

Exploration and gold deposit development company Glencar Mining has announced that the drilling programme carried out at its Komana West project, which forms part of the company’s Yanfolila project in southern Mali, is progressing well.

Glencar reports positive results from Mali drilling programme

Irish mining firm Glencar Mining on Wednesday announced continued positive drill results from its Komana West gold project, in southern Mali.

Gold explorer set to start drilling in Mali, Ghana.

Dublin-based exploration company Glencar Mining, which reported good progress in its exploration programmes in Mali and Ghana, has indicated that it would soon be engaged in numerous drilling programmes.

UK miner raises £1,2m for African projects

Junior miner Glencar Mining on Friday announced the conditional placing of 18-million new ordinary shares of nominal value €0, in the capital of the company, at

Gold Fields looks into Mali project

South African gold miner Gold Fields and Glencar Mining have announced that they are in advanced negotiations regarding three licences in Glencar's Sankarani project in Mali, allowing Gold Fields to earn 70% of the project.