New Gold Producers ... Additions
New gold production defined as the time period ( Oct 07 - Dec 08 )
================================================== Newest Addition - 10/27/2007 - Information from LC ================================================== Golden Star Resources Ltd. GSC.TO gsr.com Price 10/27/2007 ------------------------------------------------------ 3.48 Properties Ashanti Gold Belt in Ghana, West Africa gsr.com gsr.com Shares Fully Diluted:233 million gsr.com See GOLDEN STAR RESOURCES LTD. CONSOLIDATED STATEMENTS OF OPERATIONS
Golden Star Breaks Ground on Hwini-Butre and Benso Project Fri Oct 26, 1:47 PM
ca.news.finance.yahoo.com.
DENVER, October 26 /CNW/ - Golden Star Resources Ltd. (AMEX: GSS) (TSX: GSC.TO) is pleased to announce the start of construction of the 50 kilometer haul road to connect its Wassa gold mine to the Benso deposit which is the first step in the development of the Hwini-Butre and Benso project. Construction of the road to Benso is expected to be completed by the third quarter of 2008 following which haulage of high grade ore from Benso to the Wassa processing plant is expected to commence.
Blending the high grade Hwini-Butre and Benso ore into the Wassa processing plant feed is expected to result in an increase in the average gold production rate from Wassa to approximately 200,000 ounces per annum with an associated reduction in cash operating costs. The environmental permit for the project was granted in early October 2007.
The cost to develop the Hwini-Butre and Benso project, which includes road construction costs, mining equipment purchase and modifications to the Wassa processing plant, is expected to be $50 million. This development cost is expected to be funded from a portion of the proceeds from the recently announced financing, which remains subject to market and other closing conditions, including approval of the Toronto Stock Exchange and the American Stock Exchange.
Thomas Mair, Senior Vice President and CFO, commented: "We are pleased to be advancing the Hwini-Butre/Benso project, and are happy to have potential additional financing for the project. In addition, the retirement of our existing, relatively higher cost, convertible notes will release us from restrictive and burdensome covenants which, among other things, limited our ability to finance our future growth with debt instruments, including equipment financing."
================================================== Already Posted: ================================================== Alexis Minerals AMC.TO alexisminerals.com Price 10/25/2007 ------------------------------------------------------ 0.84 Properties Canada - Val-D'Or Mining Camp alexisminerals.com Shares Fully Diluted:124.5 million alexisminerals.com
Allied Nevada Gold Corp. ANV.TO - or Amex ANV alliednevada.com Price 10/25/2007 ------------------------------------------------------ 7.19 Properties Nevada alliednevada.com Shares Fully Diluted:?????
Anaconda Mining Inc ANX.TO anacondamining.com Price 10/25/2007------------------------------------------------------ 1.00 Properties Chile anacondamining.com Shares Fully Diluted:64 million anacondamining.com
Anatolia Minerals Development Limited ANO.TO anatoliaminerals.com Price 10/25/2007------------------------------------------------------ 6.07 Properties Turkey anatoliaminerals.com Shares Fully Diluted:82.5 million anatoliaminerals.com
Centamin CEE.TO centamin.com Price 10/25/2007------------------------------------------------------ 1.26 Properties Egypt centamin.com Shares Fully Diluted:777,000,000 million centamin.com
Cluff Gold CLUGF.PK cluffgold.com Price 10/25/2007 ------------------------------------------------------ 1.43 Properties West Africa cluffgold.com Shares Fully Diluted:39 million cluffgold.com
Coronado Resources Ltd. ( CRD.V coronadoresourcesltd.com Price 10/25/2007------------------------------------------------------ 0.77 Properties Canada and Montana coronadoresourcesltd.com Shares Fully Diluted:21 million coronadoresourcesltd.com
Crescent Gold Australia CRA.TO crescentgold.com Price 10/25/2007 ------------------------------------------------------ 0.37 Properties Western Australia and China crescentgold.com wrightreports.ecnext.com Shares ????????
Dynasty Mining DMM.TO dynastymining.com Price 10/25/2007 ------------------------------------------------------ 9.19 Properties Ecuador dynastymining.com Shares Fully Diluted:31 million dynastymining.com
Etruscan Resources EET.TO etruscan.com Price 10/25/2007 ------------------------------------------------------ 2.76 Properties West Africa etruscan.com Shares Fully Diluted:108 million etruscan.com
European Minerals EPM.TO europeanminerals.com Price 10/25/2007 ------------------------------------------------------ 1.64 Properties Northern Kazakhstan europeanminerals.com Shares Fully Diluted:440 million europeanminerals.com
Gold Resource GORO.OB goldresourcecorp.com Price 10/25/2007 ------------------------------------------------------ 4.05 Properties Oaxaca, Mexico goldresourcecorp.com Shares Fully Diluted:28 million sec.gov
Minefinders Corporation LTD. MFL.TO minefinders.com Price 10/25/2007 ------------------------------------------------------ 11.96 Properties US and Mexico minefinders.com Shares Fully Diluted:49 million minefinders.com
Metallica Resources MRB metal-res.com Price 10/25/2007 ------------------------------------------------------ 5.30 Properties Mexico and Chile and Alaska metal-res.com Shares Fully Diluted:92 million metal-res.com
Metanor Resources MTO.V metanor.ca Price 10/25/2007 ------------------------------------------------------ 0.82 Properties Canada Bachelor Lake metanor.ca Shares Fully Diluted:80 million metanor.ca
Millstream MLM.V millstreammines.com Price 10/25/2007 ------------------------------------------------------ 0.30 Properties Canada and Montana Sturgeon Lake Area millstreammines.com Shares Fully Diluted:80 million metanor.ca
Monument Mining Limited MMY.V monumentmining.com Price 10/25/2007 ------------------------------------------------------ 0.75 Properties Mayalsian monumentmining.com Shares Fully Diluted:78.7 million monumentmining.com
New Guinea Gold NGG.V newguineagold.ca Price 10/25/2007 ------------------------------------------------------ 0.49 Properties Papua New Guinea newguineagold.ca Shares Fully Diluted:167 million newguineagold.ca
Nova Gold NG novagold.com Message 23917118 Price 10/25/2007 ------------------------------------------------------ 18.98 Properties Alaska and Western Canada novagold.com Shares Fully Diluted:120 million novagold.com
Semafo SMF.TO semafo.com Price 10/25/2007 ------------------------------------------------------ 1.33 Properties Guinea and Niger semafo.com Shares Fully Diluted:196 million semafo.com
Vancouverite Petaquilla Minerals PTQ.TO Web Site:Could not find Article:http://www.bnamericas.com/story.jsp?idioma=I§or=7¬icia=410825 Price 10/25/2007 ------------------------------------------------------ 3.03 Properties Panama bnamericas.com Shares ?????????
Western Goldfields WGI.TO westerngoldfields.com Price 10/25/2007 ------------------------------------------------------ 3.54 Properties United States westerngoldfields.com Shares Fully Diluted:144 million westerngoldfields.com
---------------------------------------------------- Additional detail about some of the above ---------------------------------------------------- Message 24000015 Message 23930237 Message 23989585
regards, John |