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JD Neuhaus

Lundin Gold receives Exploration Permit for high Priority Barbasco Target

Lundin Gold Inc. announced that it has received the exploration permit for the Emperador concession, which includes the highly prospective, drill ready Barbasco target.  With the receipt of the permit, the Company is now planning a 6,000 metre drill program at Barbasco for mid to late fourth quarter of this year. Prior to the start of drilling, community socialization and implementation of COVID-19 protocols is required.

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Medusa Mining: Management Changes

Medusa Mining Limited advises that Patrick Warr will assume the role of Chief Financial Officer (“CFO”) from 7 September 2020. Mr Warr will be replacing current CFO Peter Alphonso who will retain the role of Company Secretary. 

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Petropavlovsk: Retirement of Chairman - Board Changes

Petropavlovsk PLC announced the appointments of Ms Fiona Paulus and Mr Tim McCutcheon as Independent Non-Executive Directors with immediate effect. It also announces that Sir Roderic Lyne will retire from the Board following the Company's Annual General Meeting on 30 June 2020 and will be succeeded by Ms Paulus as Chairman.

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Endomines AB raises EUR 3.4 million Loan Facility

Endomines AB has placed EUR 3.4m loan with warrants to primarily Finnish institutional investors, including the Chairman of the Board of Endomines and the company’s CEO.

A loan facility amounting to EUR 3.4m have been placed with Finnish institutional investors. Among the investors are the Chairman of the Board and the CEO. The proceeds from the Loan will mainly be used for working capital need for the company and financing general corporate purposes of the Endomines group.

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Endeavour to combine with Semafo to create a leading West African Gold Producer

Endeavour Mining Corporation (TSX: EDV) (OTCQX: EDVMF) ("Endeavour") and SEMAFO Inc. (TSX: SMF) (OMX: SMF) ("SEMAFO") announced that they have entered into a definitive agreement whereby Endeavour will acquire all of the issued and outstanding securities of SEMAFO by way of a Plan of Arrangement under the Business Corporations Act. The Transaction will create a top 15 global gold producer and the largest in West Africa with six operations and an attractive growth pipeline.

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First Holes drilled at the Maly Patom Project in Russia

Kopy Goldfields AB commenced a drilling program at the Maly Patom ("Northern Territories" or "NT") exploration project. The exploration program targets gold discoveries at one to three previously identified gold anomalies and so far, six holes have been drilled with sulfide mineralization identified in several samples and two samples containing visible gold grains.

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