Gabriel Resources unaware of Rosia Montana ‘audit’

TSX-listed Gabriel Resources on Thursday said it had no knowledge of an “audit” that would reportedly impact the technical analysis committee (TAC) review of the environmental impact assessment of the Rosa Montana gold and silver project, in...

Eldorado profit up 29%, production ahead of plan

ASX- and TSX-listed Eldorado Gold on Thursday reported a 29% year-on-year increase in first-quarter profit to $67.9-million or $0.11 a share. Revenues from gold sales were up 24% to $49.6-million owing to higher gold prices and bullion sales of...

Oz Minerals to bid for copper/gold mine in Romania

Copper and gold miner Oz Minerals has turned its sights on Romania, and would be one of three parties to bid on the auction of State-owned SC Cuprumin SA Abrud. Cuprumin, which is the owner of the Rosia Poieni copper-gold mine, would go on...

Company Announcement: Cooper Posts 40.2% Increase in Half Year Revenue, Strong Outlook for Second Half 2012

Cooper Energy Limited (ASX: COE) (“the Company” or “COE” or “Cooper”) is pleased to report the outcome of its financial and operating performance for the 6 months ending 31 December 2011.

Eldorado, European Goldfields owners greenlight merger

Shareholders in European Goldfields and Eldorado Gold on Tuesday gave the nod to the $2.5-billion merger, first unveiled in December. Earlier this month, proxy voting firms Institutional Shareholder Services and Glass Lewis & Co. recommended...

Company Announcement: FoxDavies Daily Monitor

Oil & Gas News Europa Oil & Gas (EOG LN, 9.63p, ► 0.0%) today announced the resumption of production at the West Firsby 7 well in the East Midlands, UK. As reported in the announcement of 16 December 2011, the West Firsby 7 well had been shut in...

Gabriel says still talking to Romania regarding gold royalty rates

Gabriel Resources said on Thursday it was still working with the government to potentially alter the its ownership and royalty rate at the Rosia Montana gold and silver project in Romania. The eastern European country earlier this week said it...

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Company Announcement: Cooper stepping on the gas as non-core asset disposal commences

Cooper Energy Limited announces the termination of the Romanian Farm-in Agreement and acceleration of plans to pursue valuable gas opportunities emerging in Australia, consistent with the Company’s recently announced strategy.

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European Gold's Konig takes leave after illness

European Goldfields, which last month secured a $1b-illion investment from Qatar, said on Monday executive chairperson Martyn Konig had taken leave owing to an unspecified sudden illness. The company said he was “making excellent progress in...

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