Goldstone Resources Converts Gold Loan Interest
The gold mining company has agreed to settle a portion of the accrued interest on a gold loan by issuing new shares to the lender.
The gold mining company has agreed to settle a portion of the accrued interest on a gold loan by issuing new shares to the lender.
The gold mining company reports continued production ramp-up at its Homase Mine in Ghana, with a 14% monthly increase in gold doré poured.
The company has announced a change in shareholding, with Devonport Capital Limited reducing its stake from 16.4% to 0%.
The gold mining company has achieved a record gold pour and is ramping up production, despite some temporary challenges with lower-than-expected ore grades.
Gold mining company reports progress in ramping up production at its Homase Mine in Ghana
The gold exploration and development company has provided an update on its convertible loan notes, including an extension of the redemption date and conversion into new shares.
The gold mining company reports strong production growth at its Homase Mine, with a 34% increase in average monthly output. The firm is on track to meet its 2025 production target, though faces some uncertainty around a convertible loan note.
Gold mining company faces loan note redemption deadline, with uncertain outcome
Gold mining company Goldstone Resources provides an update on its Homase gold mine operations in Ghana, indicating progress and growth potential.
The gold miner reported a significant increase in production and revenue for H1 2024, with infrastructure upgrades completed. Despite improved financials, the company still faces challenges with ongoing losses and increased borrowings.