Gold & precious metals company news

Beadell Drops Acquisition Of Carcow Gold Mine On Failure Of Equity Raising - Update (Nasdaq)

(RTTNews) - Friday, gold mining company Beadell Resources Ltd. said it was withdrawing the proposed buyout of Carcow mine from gold explorer Newcrest Mining Ltd. (NCMGY.PK, NCMGF.PK), as it failed to complete raising the required funds through an equity offering.

Gold Fields has most mine deaths - report (SABC News)

Gold Fields has the worst mine death record in the country, says the department of minerals and energy. The chief inspector of mines, Thabo Gazi, said about half of the total of 85 mine deaths reported so far this year, occurred at Gold Fields mines.

Beadell drops plan to acquire Cracow Gold Mine - Quick Facts (Nasdaq)

(RTTNews) - Beadell Resources Ltd and Newcrest Mining Ltd. (NCMGY.PK, NCMGF.PK) announced that the condition precedent regarding financing in their agreement to acquire the Cracow Gold Mine has not been met. Beadell failed to complete equity raising required to fund the acquisition.

Anaconda Updates Progress at the Pine Cove Gold Mine and Announces Loan Facility (Marketwire via Yahoo! Finance)

Anaconda Mining Inc. is pleased to provide an update on start-up of the Company's Pine Cove Gold Mine, located near Baie Verte, Newfoundland. Work at Pine Cove since the Company's previous update has focused on optimization of the mill and operator training.

Mine deaths: Gold Fields has worst record (Pretoria News)

Gold Fields has the worst mine death record in South Africa so far this year, with about half of a total of 85 deaths in the country's mines occurring at the group's operations, a senior official said.

Beadell Scraps A$280 Million Mine Purchase as Share Sale Fails (Bloomberg.com)

July 4 (Bloomberg) -- Beadell Resources Ltd. , an Australian gold explorer, scrapped a A$280 million ($269 million) mine acquisition after failing to sell stock to fund the deal, sending its shares 38 percent lower.

Beadell Scraps Plan to Buy Mine as Share Sale Fails (Update2) (Bloomberg.com)

July 4 (Bloomberg) -- Beadell Resources Ltd. , an Australian gold explorer, pulled out of the proposed A$280 million ($269 million) acquisition of a mine from Newcrest Mining Ltd.

Beadell Scraps Plan to Buy Mine as Share Sale Fails (Update1) (Bloomberg.com)

July 4 (Bloomberg) -- Beadell Resources Ltd. , an Australian gold explorer, was unable to complete a proposed A$280 million ($269 million) acquisition of a mine from Newcrest Mining Ltd.

Beadell Drops Plan to Buy Cracow Mine After Share Sale Fails (Bloomberg.com)

July 4 (Bloomberg) -- Beadell Resources Ltd. , an Australian gold explorer, was unable to complete a proposed A$200 million ($192 million) acquisition of a gold mine from Newcrest Mining Ltd.

Biggest untapped gold mine in Britain or Ireland discovered in Monaghan (Belfast Telegraph)

Prospectors have discovered what they believe to be the biggest untapped gold mine in Britain or Ireland outside a small border village, it has been announced.

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