Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Commodities  >  Gold       XAUUSD

News SummaryAll newsTweets 

Greatland Gold : Shares Up After Pact with Newmont on Ernest Giles Project

share with twitter share with LinkedIn share with facebook
share via e-mail
05/16/2017 | 09:57am CEST

By Razak Musah Baba

LONDON--Greatland Gold PLC (GGP.LN) shares rose in early trade Tuesday after the company said it has agreed to allow Newmont Exploration Pty Ltd., access to its Ernest Giles project in central Western Australia for a period of six months.

The precious and base metals exploration and development company said it has entered into an agreement with Newmont by granting Newmont access to the Ernest Giles project tenements and exploration database.

The company has also granted Newmont the right of first refusal should Greatland wish to sell or joint venture the Ernest Giles project during that six month period.

Greatland Gold shares at 0740 GMT traded up 0.05 pence or 16% at 0.37 pence, valuing the company at GBP6.6 million.

-Write to Razak Musah Baba at [email protected]; Twitter: @Raztweet

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on GOLD
06/22DJMETALS : Jobless Claims, Weaker Dollar Buoy Gold
06/22 PETROPAVLOVSK : Peter Hambro ousted from his gold mining company Petropavlovsk
06/20DJGOLD ROAD RESOURCES : APA to Build Gas Pipeline, Power Station for Australia Gol..
06/16DJMETALS : Gold Prices Recover From Thursday Lows
06/16 NEWCREST MINING : SolGold boosts budget to explore for copper, gold all over Ecu..
06/15DJGold Falls as the Dollar Rises
06/14 BARRICK GOLD : to hold talks with Tanzania over export row
06/14DJA Hawkish Fed Tone Could Take Nugget From Gold Price
06/13DJMaterials Up Ahead of Fed, But Gold Declines - Materials Roundup
06/13DJMETALS : Gold Falls as Investors Bet on Higher Interest Rates
More news
Chart GOLD
Duration : Period :
Gold Technical Analysis Chart | XAUUSD | 4-Traders
Full-screen chart
Technical analysis trends GOLD
Short TermMid-TermLong Term
Technical analysis