gold mining insolvent

bankruptcy Archives

2015-8-4 · Kagara Mining employees paid out. Former employees of the folded company Kagara Mining have received their full entitlements, following the sale of assets to a private equity firm. Administrator ...

GSR Mining Corporation/AJ Perron Gold Corp. | Farber

2016-10-31 · On August 23, 2016, A. Farber & Partners Inc. became the Court-Appointed Receiver (the "Receiver") pursuant to section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended, over certain rights in respect of twenty parcels of land (the "Property") jointly owned by GSR Mining Corporation and AJ Perron Gold Corp. pursuant to an Order (the "Appointment Order") of the ...

Zesa insolvent

2019-7-1 · THE Zimbabwe Electricity Supply Authority (Zesa) is insolvent with its liabilities outstripping its assets by over US$92 million, a report by the Auditor General Mrs Mildred Chiri reveals. The report was tabled in Parliament last week. "I draw your attention to …

Chinese mining magnate Sally Zou claims her own …

2019-8-12 · Chinese businesswoman Sally Zou has placed her insolvent company, AusGold Mining, into voluntary administration — and is claiming it owes her $35 million. Key points: The first meeting of ...

Insolvent Great Basin Gold still ''a going concern''

2012-11-15 · TORONTO (miningweekly ) – Insolvent miner Great Basin Gold (GBG) on Thursday affirmed it was still a going concern as long as it held the trial-producing Hollister mine, …

Why Gold Is The Ultimate Shield Against Inflation ...

2021-6-2 · The fact that gold is precious makes it a Store of Value. You put your wealth into gold, but – unlike a U.S. dollar – gold doesn''t leak. Whatever wealth you store in gold is preserved, forever. This has always been true. That''s why (priced in U.S. dollars) gold has increased from $35 per ounce to over $2,000 per ounce in the last 50 years.

GSR Mining Corporation/AJ Perron Gold Corp. | Farber

2016-10-31 · GSR Mining Corporation/AJ Perron Gold Corp. On August 23, 2016, A. Farber & Partners Inc. became the Court-Appointed Receiver (the " Receiver ") pursuant to section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended, over certain rights in respect of twenty parcels of land (the " Property ") jointly owned by GSR Mining ...

Zim gold miner ceases operations

2002-7-15 · A spokesperson in the Ministry of Mines and Energy said the board of directors had asked the ministry to put the mine under care and maintenance after realising the mine was technically insolvent ...

Rick Rule: Gold Prospects And Insolvent Banks – Silver …

2019-11-24 · Rick Rule: Gold Prospects And Insolvent Banks. ... Rick Rule returns to Reluctant Preppers to answer YOUR questions on the Fed Bind Repos, what might happen to metals and mining shares during a major stock market selloff, tried & true …

It''s Time To Be Long Gold Via Newmont Mining (NYSE:NEM) …

2015-2-13 · Gold mining investment company in provisional liquidation following Insolvency Service investigation. IPR Capital Ltd, a company who sold partnerships in a gold mining …

petition: Say No to Gold Mining on Yellowstone''s …

2016-11-22 · The 1872 mining law allows the rights of mining companies – no matter how insolvent, obscure, or far-off – to supersede the rights of the local community and businesses, that may not agree that mining is the best and highest use of the Custer Gallatin National Forest.

Aus Gold Mining: Sally Zou commits to paying back …

2019-12-3 · Chinese entrepreneur and major Liberal Party donor Sally Zou has committed to paying $2.6 million to make good on unpaid wages for employees and some debts at her failed company Aus Gold Mining …

Perth gold miner Gascoyne insolvent

2019-6-3 · Perth gold miner Gascoyne insolvent. Gascoyne Resources has declared voluntary administration, saying its Dalgaranga mine in the Murchison region of WA won''t provide enough gold to solve a cash flow shortfall. FTI Consulting said on Monday that it intends to continue operating the Perth company as "business as usual" for now.

Gold Chat: What happens if Perth Mint becomes …

2010-5-13 · The usual definition of insolvency means cash flow insolvency, that is, unable to pay debts as they fall due. In that sense the Perth Mint itself can never be insolvent, because it can always borrow funds from its shareholder, the Government of Western Australia. When one asks what happens if the Perth Mint is insolvent, one is really ...

Gold, silver see tepid rebounds after Thursday ...

2021-6-18 · Bears'' next near-term downside price objective is pushing futures prices below solid technical support at $1,700.00. First resistance is seen at $1,800.00 and then at Thursday''s high of $1,826.40. First support is seen at today''s low of $1,773.50 and then at $1,767.90. Wyckoff''s Market Rating: 4.0. The silver bears have the overall near-term ...

Top five mining stories last week

2  · Australian gold production has reached an all-time record of 321 tonnes (10.3 million ounces) in the past financial year, according to gold mining consultants, Surbiton Associates.

Frank Holmes: Gold Is Going to $10000

2019-10-22 · Frank Holmes, CEO of U.S. Global Investors, discusses why he believes gold will go to $10,000, weighs in on the cryptocurrency versus gold debate, and explains why his gold and precious metals ETF is outperforming its peers, naming some of its top performing companies.

Sally Zou''s Aus Gold Mining owes $42 million — she''s ...

Aus Gold Mining owes creditors $42 million in total, with 14 employees owed $432,000 and the Australian Taxation Office $273,000, administrator John Vouris of Hall Chadwick said.

The top TSX gold gainer is finding fortune in projects …

2017-1-18 · When Paul Andre Huet became chief executive officer of Klondex Mines Ltd 2012, he says the Canadian gold miner had just $400,000 in cash, one asset and $7-million in invoices

Panama and Peru-registered ''gold mining'' companies …

2016-5-17 · The companies, wound up by the High Court on 16 December 2015, were Continental Mining Opportunities S.A. (CMO SA), a company registered in Panama, and Montana Leon S.A., a company registered in ...

DISCOVERY METALS INSOLVENT, ADMINISTRATOR IN …

Chaarat Gold Holdings delays first production forecast for its Tulkubash mine project may be delayed up to 12 months due to financial sector uncertainty stemming from the Kyrgyz Republic government seizure of control at Centerra Gold''s Kumtor mine.

Purchase Agreement

2017-9-9 · The representations and warranties in this Agreement shall survive the closing of this transaction and shall apply to all assignments, conveyances, transfers and documents delivered in connection with this Agreement and there shall not be an9 merger of any representations and warranties in such assignments, conveyances, transfers or documents notwithstanding any rule of law, equity or …

Aussie mining company collapses | Queensland …

2021-7-3 · Aussie mining company collapses. The future of an Australian-owned mining company is in limbo after announcing its insolvency. Melbourne-based Laguna Gold recently appointed PricewaterhouseCoopers (PwC) as administrators for the exploration company. In a notice published by the Australian Securities and Investments Commission on December 19 ...

gold mining shares – Silver Doctors

2020-8-23 · Rick Rule: Gold Prospects And Insolvent Banks What could happen to the metals and the mining shares during a major stock market selloff? Rick answers that and a whole lot more…

Perth gold miner Gascoyne insolvent

2019-6-3 · Perth gold miner Gascoyne insolvent. Gascoyne Resources has declared voluntary administration, saying its Dalgaranga mine in the Murchison region of WA won''t provide enough gold …

U.S. at risk of insolvency from ...

2021-2-27 · The U.S. government is now so heavily indebted, that if interest rates continue to climb up, interest expenses alone could bankrupt the Treasury, said Michael Gentile, strategic investor and board member on several gold mining companies.

KBL Mining Limited (In liquidation)

2021-7-3 · Claims must be lodged within 12 months of the date of Liquidation, being 22 June 2018. Upon review of requirements of the FEG process, should employees require information pertaining to their entitlements they may request that information from us …

Perth gold miner Gascoyne insolvent

2019-6-3 · Perth gold miner Gascoyne insolvent. By AAP. Jun 3rd, 2019. Gascoyne Resources has declared voluntary administration, saying its Dalgaranga mine in the Murchison region of WA won''t provide enough ...

Receiver gets second crack at selling insolvent N.S. …

2015-11-10 · "The price of gold has actually slid about 40 per cent in the last couple of years from around $1,900 an ounce and down to $1,100 to $1,200," he said. "That is a lot of money.

Restart on the horizon for Ridges iron ore mine, but ...

2020-5-27 · The liquidators'' preliminary investigations of Gold Valley''s books indicated the company may have first become insolvent in November 2019, when operations were supposed to be ramping-up at Ridges.

Gold Mining Bargains in a Deflationary World | Gold …

2012-10-23 · MANY Gold Mining stocks are now trading at bargain prices but the old "buy and hold" strategy no longer applies in this fluid market environment, says Florian Siegfried, CEO of Precious Capital AG. In this interview with The Gold Report, Siegfried says investors need to do their homework and pick their entry and exit points carefully.

underskriftsindsamling: Say No to Gold Mining on ...

2016-11-22 · Without the withdrawal, the General Mining Act of 1872 allows foreign mining companies to stake claims on our public lands. The 1872 mining law allows the rights of mining companies – no matter how insolvent, obscure, or far-off – to supersede the rights of the local community and businesses, that may not agree that mining is the best and ...