Trans-Siberian Gold shares jump 6% following positive estimates in Russia

Anastasia Bogdanova | February 11, 2020
img0 Trans-Siberian Gold (LON:TSG) have seen their shares jump on Monday following developments made regarding their Russian operations. The firm said that they had reported a mineral resource estimation of one million ounces of gold at their Rodnikova deposit. Looking at the JORC-compliant estimate, this indicated a mineral resource estimate of 3.1 million tonnes at a grade of ...

Kenes Rakishev reduces his share in CALM below 14%

David McHutchon | September 22, 2017
img0 Image: forbes.kz Central Asia Metals PLC announces its intention to raise approximately US$153.5 million (approximately £113.0 million) through a fully underwritten placing of new ordinary shares of US$0.01 each in the Company (the Company Placing Shares) with both existing investors and new institutional investors (the Company Placing). In addition to the Company Placing, CBH Europe Limited, on behalf ...

Polyus had pledged its controlling stake

David McHutchon | July 31, 2017
img0 PJSC Polyus (LSE, MOEX – PLZL), the largest gold producer in Russia, announced that on 28 July 2017 Polyus Gold International Limited (“PGIL”) had pledged 66,780,561 ordinary shares of 1 Russian ruble each in the capital of the Company (the “Pledged Shares”) to secure certain obligations of PGIL. PGIL’s ownership in the Company remains unchanged.  The ...