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St Andrew Goldfields

St Andrew Goldfields reports steady Q3 production

Ontario-focused gold producer St Andrew Goldfields reported steady gold output during the third quarter from its three mines in the province, recording 25 434 oz of gold for the period. New CEO Duncan Middlemiss said the combined performance of...
10th October 2013

St Andrew Goldfields welcomes new CEO

Canadian gold miner St Andrew Goldfields (SAS) this week welcomed to its board new president and CEO Duncan Middlemiss, who is replacing outgoing CEO Jacques Perron, when he takes up his new CEO position at base metals miner Thomspon Creek...
17th September 2013

St Andrew Goldfields swings to Q2 loss

Ontario gold miner St Andrew Goldfields (SAS) reported a second-quarter net loss of C$1.1-million, or nil a share, compared with net income of C$4.4-million, or C$0.01 a share, a year earlier. The adjusted net loss for the three months ended June...
13th August 2013

SAS reports strong Q2 gold production, progress at Taylor project

Ontario-focused gold miner St Andrew Goldfields (SAS) lifted quarter-on-quarter output from its Holt, Holloway and Hislop gold mines, in Ontario, by 3.6% to 25 353 oz in the quarter ended June 30. “Our second-quarter results remain strong with...
16th July 2013

SAS net income lower on charges

Ontario-focused gold miner St Andrew Goldfields on Thursday reported net income attributable to shareholders for the first quarter of the year was down 63% year-on-year to $1-million, or nil per share, compared with net income of $2.7-million, or...
10th May 2013

SAS reports ‘above expectations’ first quarter production

Ontario miner St Andrew Goldfields on Thursday said first-quarter production of 24 461 oz of gold from its Holt, Holloway and Hislop mines was slightly above expectations, despite being 5% lower than the fourth quarter’s record production. The...
11th April 2013

SAS reports 'solid' Q4, full-year performance, costs decline

Ontario-focused gold producer St Andrew Goldfields (SAS) on Thursday reported fourth-quarter net earnings attributable to shareholders of $12.6-million or $0.03 a share, 2.3% lower when compared with net income of $12.9-million or $0.04 a share a...
15th February 2013

Permission granted to reopen Timmins-mine

Canadian exploration and development company Sage Gold on Tuesday said it had received a permit and had completed the necessary change of ownership to reopen the Clavos gold mine, in Timmins, in northern Ontario, for exploration, development and...
20th November 2012

Lake Shore resumes operations, 49 577 ha scorched

Following the suspension of mining activity last week at its Timmins West mine owing to a high fire risk, TSX-listed Lake Shore Gold on Sunday reported it was preparing to resume operations the following morning. The company said it had started...
28th May 2012

Mining explosives maker benefitting from gold boom

The surge of mining and exploration activity rampant gold prices have brought to north-eastern Ontario have proved a double-edged sword for small explosives firm Nordex, which is listed on the TSX-V. On the one hand, business has been brisk for...
19th January 2012
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