Streetbeat News

SLGGF

SolGold Plc

http://www.solgold.com.au/

CEO

Nicholas Mather

Industry

Gold Ore Mining

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SolGold has secured $750 million in funding for its Cascabel project in Ecuador from Franco-Nevada Corporation and Osisko Bermuda. The project is expected to become a world-class copper and gold mine with significant production capacity and a long mine life.

Portfolio Pulse from Stjepan Kalinic

July 15, 2024 | 12:34 pm

Compass Minerals (CMP) commits to water conservation for the Great Salt Lake's sustainability and announces participation in Loop Capital Markets' Investor Conference. SolGold (SLGGF) signs a $3.2B declaration with Ecuador for the Cascabel Project, marking Ecuador's largest mining investment. BHP Group (BHP) and Newmont Corporation (NEM) are significant stakeholders in SolGold. Reliance Inc. (RS) executive Arthur Ajemyan sells 3,000 shares.

Portfolio Pulse from Austin DeNoce

March 07, 2024 | 10:22 pm

Ecuador announced a $3.2 billion investment in SolGold's Cascabel copper-gold project, marking a significant move in the country's mining sector. This investment aims to leverage the growing copper market amid supply constraints. SolGold, which saw its shares surge 23%, also revealed a reduction in upfront costs for the project and signed an MoU for a potential carbon-neutral power supply. Major stakeholders in SolGold include BHP, Newmont, and Jiangxi Copper, with the Sprott Copper Miners ETF also related to the copper industry.

Portfolio Pulse from Stjepan Kalinic

March 07, 2024 | 2:29 pm

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