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CL: In the Philippines, I also visited B2Gold Corp.'s (BTG:NYSE; BTO:TSX; B2G:NSX)Masbate mine. I visited the project three years ago when it was owned by CGA Mining Ltd. Then B2Gold bought it, and I was a very happy CGA shareholder. It has been well run. B2Gold actually continues investing in the mine, putting in a new mill.
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CGA Mining Limited engages in the exploration, development, and production of mineral properties, primarily gold. Its principal property includes the Masbate gold mine, covering an area of approximately 8,316 hectares and is located near the northern tip of the island of Masbate in the Philippines.
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With the acquisition of the Masbate Mine on January 16, 2013 (upon completion of the acquisition of CGA Mining Limited) and continued strong performance from its Nicaraguan operations, the Company achieved another new quarterly production record. Consolidated gold production in the fourth quarter of 2013 was a record 105,577 ounces, an increase ...
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the first is a mineral agreement in which likewise, the total value of imports in 2009 decreased by 24.1% the government grants a domestic contractor (a filipino to $43.092 billion from $56.746 billion in the previous year. individual or corporation) an exclusive right to conduct mining exports of cathodes and sections of cathodes of refined .
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CGA Mining (ASX:CGX, TSX:CGA) continues its stellar production record from the Masbate gold project, which has helped the company land its...
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Herencia Resources shares have jumped more than 60% with the confirmation of high-grade copper and silver at the Paguanta project's 'Doris' prospect.Surface rock-chip sampling from the ...
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TGR: In another fairly major acquisition, B2Gold Corp. (BTO:TSX; BGLPF:OTCQX) bought CGA Mining Ltd. (CGA:TSX; CGX:ASX), which has an asset in the Philippines, the Masbate gold project. So it ...
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advising B2Gold Corp. on its C$1.1 billion deal to acquire Australia's CGA Mining Ltd., owner of the Masbate gold mine in the Philippines; acquisition of Fronteer Gold Inc. including its Long-Canyon, Northumberland, and Sandman projects in Nevada by Newmont Mining Corporation for C$2.3 billion;
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A number of companies have completed exploration activities in the general Masbate area, including Atlas Consolidated Mining & Development Corporation (Atlas), London Fiduciary Trust PLC/ Philippines Gold PLC (Philippines Gold), Thistle Mining Inc. (Thistle Mining), CGA Mining Limited (CGA), and B2Gold.
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This work is expected to be completed by the end of August and Leighton will then start developing Masbate 's openpit mining operations. ... CGA shares rose slightly to $1.98 before dropping to $1.96, while stocks in Leighton Holdings moved from $41 a share to $40.73 in morning trading. another step toward closing the lafayette mine by
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adding northern luzon; to genuine people-centered development. tourism to the equation (whose • dilong project barrio dilong, (also known as the hale mayabo claim) they claim that the global character of operations are directly impacted 285 kilometers north of manila and about 130 kilometers north of baguio. mining industry, together with the .
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B2Gold, a listed mining company based in Canada, said its Masbate mine has exceeded the upper limit of its upgraded guidance range of between 200,000 and 210,000 ounces in 2018. For the fourth quarter of last year alone, Masbate mine produced 51,555 ounces of gold, 13 percent above original budget.
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Masbate delivers record production for CGA. By: Esmarie Iannucci 12th July 2012 Gold miner CGA Mining has reported a record production during the three months to June, producing 50 813 oz for the ...
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CGA Mining has acquired Thistle Mining Incorporated's (THT:AIM) ("Thistle") interest in the Masbate Gold Project in the Philippines on 19 March 2007. CGA indirectly owns, through its 100% ownership of Philippine Gold Ltd, 40% of Filminera and 100% of PGPRC. The remaining 60% of Filminera is owned by a Philippine registered company, Zoom ...
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RTG has an experienced management team which has to date developed seven mines in five different countries, including being responsible for the development of the Masbate Gold Mine in the...
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TGR: In another fairly major acquisition, B2Gold Corp. (BTO:TSX; BGLPF:OTCQX) bought CGA Mining Ltd. (CGA:TSX; CGX:ASX), which has an asset in the Philippines, the Masbate gold project. So it looks as if quite a bit is bubbling in the Philippines.
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The Company recorded a net profit of $9.638M for the three month period ended 30 September, 2012 as compared to a net loss of $11.935M in the 30 September, 2011 period, an increase of $21.573M,...
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Seventy odd years ago, the US established the dominance of the dollar enshrined by the Bretton Woods Agreement. Since then, the US supplied the world with greenbacks to run everything from balance of payments to budgetary deficits and of course, wars. However the deficits undermined confidence in the dollar and in August 1971, the US unilaterally terminated convertibility of
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Over the last six years, the acquisitions of Central Sun Mining Inc. (the Nicaraguan mines), Auryx Gold Corp. (the Otjikoto Project, Namibia) and CGA Mining Limited (the Masbate Mine, Philippines) have seen the Company grow annual production dramatically.
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Australia's CGA Mining's daily throughput production at the Masbate gold project in the Philippines reached 21,831 dry tons of ore on 10 November 2010. On 10 May, the project had a record ore output of 20,256 dry tons. During the third quarter, throughput at the project amounted to 1.45 million tons of ore with a grade of 1.27g of gold a ton.
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The Masbate gold mine is projected to produce in the order of 200,000 ounces of gold per year over the current mine life of 15 years(refer to the Scheme of Arrangement released by CGA on November 23, 2012), with the potential to extend beyond current projections given the significant exploration upside.
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CGA MINING LIMITED - MASBATE GOLD PROJECT Feb 2009 - Jan 2012 3 years. Philippines Provides technical expertise to operations staff for plant commissioning and assists with plan problem solving. Monitors operating parameters, grinding efficiency that led to optimize mill plant capacity from 4.5M to 6.5M tons per annum.
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2013) - B2Gold Corp. (TSX:BTO)(OTCQX:BGLPF)(NAMIBIAN:B2G) ("B2Gold" or the "Company"), is pleased to announce gold production results for the fourth quarter and full year of 2012, guidance for 2013 production, and an update on the B2Gold and CGA Mining Limited ("CGA") merger transaction ...
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B2Gold Corp. and CGA Mining Limited Complete Merger Vancouver, January 31, 2013 - B2Gold Corp. (TSX: BTO, OTCQX: BGLPF, NSX: B2G) ("B2Gold" ... Limon and Masbate Mines. With the first full year of gold production from the Otjikoto project in Namibia scheduled for 2015, and increased production projected ...
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In January it issued 252 million shares to acquire the Masbate mine from CGA Mining. All-in, it bagged the largest gold project in the Philippines for $1.1 billion, exchanging its overinflated ...
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"We did it and everybody did well. The banks made money, the shareholders made money." The company then acquired a producing gold mine in the Philippines, the Masbate, for $1 billion when it bought...
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CL: In the Philippines, I also visited B2Gold Corp.'s (BTG:NYSE; BTO:TSX; B2G:NSX) Masbate mine. I visited the project three years ago when it was owned by CGA Mining Ltd. Then B2Gold bought it,...
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tourism to the equation (whose • Dilong Project Barrio Dilong, (also known as the Hale Mayabo Claim) They claim that the global character of operations are directly impacted 285 kilometers north of Manila and about 130 kilometers north of Baguio. ... Oceana Gold "had illegally and • Masbate Gold Project in over 100 developed and ...
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Canadian takeover bid for CGA Mining Matt Chambers TheAustralian 3:58PM September 19, 2012 CANADA'S B2Gold has agreed to buy Perth-based CGA Mining in a $C1.1 billion ($1.08 billion) scrip deal as consolidation in the sector continues. It is understood the deal, which will create a $C3bn miner, will be unveiled in Canada overnight.
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In Canadian corporate developments, B2Gold Corp. (TSX:BTO) plans to acquire CGA Mining Ltd. (TSX:CGA) and its producing Masbate mine in a friendly all-stock deal they value at $1.1 billion. B2Gold...
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CGA Mining Limited is a gold mining company. The Company is focused on exploring, developing and operating resource opportunities throughout the world. The Company's principal asset is the Masbate ...
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CGA Mining Limited engages in the exploration, development, and production of mineral properties, primarily gold. Its principal property includes the Masbate gold mine, covering an area of ...
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ABOUT RTG MINING INC. ... including being responsible for the development of the Masbate Gold Mine in the Philippines through CGA Mining Limited. RTG has some of the most respected international ...
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we believe this estimate could be conservative given cga mining had conducted an internal pea that suggested an additional 100koz might be possible at a capital cost of $120m (cga mining acquisition conference call disclose). given the outstanding near -pit exploration upside, we have added an additional five years of high grade (~1g/t) .
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RTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange, the Australian Securities Exchange and the OTC Pink Market. RTG is currently focused primarily on progressing the Mabilo Project to start-up with permitting well advanced, to move quickly and safely to a producing gold company.
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CGA owns the the 200,000- ounce-a-year Masbate goldmine on the island of Masbate, 350km south of Manila. The bid follows a rally in CGA's share price from $1.58 a share in May to $2.55 a share before the B2Gold bid was confirmed. CGA shares rose 12 cents to $2.67 yesterday in the market's first response to the bid.
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The mining contract for the Masbate Gold Project has been awarded to Leighton, the largest mining contractor in the world. CGA has completed a US$12M investment program designed to upsize...
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Thistle recently sold its stake in the Masbate project in the Philippines to CGA Mining for $51m, of which $21m was payable in CGA shares and the remainder in cash.
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Earlene Calong-Livara Site Accountant at Yancoal Australia Ltd Blackwater, Queensland, Australia 146 connections
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