CG.TSX News
From Production to Payment: Following Gold’s Commercial Journey
A doré bar leaves the mine close to finished. A refinery can weigh it, assay it and settle quickly. Concentrate travels a longer road. It leaves as a bulk product, and its value is established in stages. The mill produces it. A carrier moves it. A buyer may make an initial payment based on provisional assays and pricing, with final settlement following once the applicable metal content, deductions and price are established.Producers report those stages separately because each one answers a different question. Can the plant make a product? Can it be delivered? Will someone pay for it, ...
AllPennyStocks.com
From Production to Payment: Following Gold’s Commercial Journey
A doré bar leaves the mine close to finished. A refinery can weigh it, assay it and settle quickly. Concentrate travels a longer road. It leaves as a bulk product, and its value is established in stages. The mill produces it. A carrier moves it. A buyer may make an initial payment based on provisional assays and pricing, with final settlement following once the applicable metal content, deductions and price are established.Producers report those stages separately because each one answers a different question. Can the plant make a product? Can it be delivered? Will someone pay for it, ...
AllPennyStocks.com
From Production to Payment: Following Gold’s Commercial Journey
A doré bar leaves the mine close to finished. A refinery can weigh it, assay it and settle quickly. Concentrate travels a longer road. It leaves as a bulk product, and its value is established in stages. The mill produces it. A carrier moves it. A buyer may make an initial payment based on provisional assays and pricing, with final settlement following once the applicable metal content, deductions and price are established.Producers report those stages separately because each one answers a different question. Can the plant make a product? Can it be delivered? Will someone pay for it, ...
AllPennyStocks.com
Small-Cap Miner Jumps Double Digits on Major Strategic Financing
Backing your words with monetary action is the strongest vote of confidence in the corporate world. Today, a small-cap miner received exactly that, as a mining major announced a strategic financing, sending the small-cap stock surging on the news.Thesis Gold Inc. (TSX-Venture: TAU) (OTCQX: THSGF) announced earlier this morning a strategic C$44 million financing anchored by AngloGold Ashanti Plc (NYSE: AU), with participation from Centerra Gold Inc. (TSX: CG) (NYSE: CGAU). Under a subscription agreement, AngloGold Ashanti will acquire approximately 5% of Thesis through a private placement ...
AllPennyStocks.com
Small-Cap Miner Jumps Double Digits on Major Strategic Financing
Backing your words with monetary action is the strongest vote of confidence in the corporate world. Today, a small-cap miner received exactly that, as a mining major announced a strategic financing, sending the small-cap stock surging on the news.Thesis Gold Inc. (TSX-Venture: TAU) (OTCQX: THSGF) announced earlier this morning a strategic C$44 million financing anchored by AngloGold Ashanti Plc (NYSE: AU), with participation from Centerra Gold Inc. (TSX: CG) (NYSE: CGAU). Under a subscription agreement, AngloGold Ashanti will acquire approximately 5% of Thesis through a private placement ...
AllPennyStocks.com
Small-Cap Miner Jumps Double Digits on Major Strategic Financing
Backing your words with monetary action is the strongest vote of confidence in the corporate world. Today, a small-cap miner received exactly that, as a mining major announced a strategic financing, sending the small-cap stock surging on the news.Thesis Gold Inc. (TSX-Venture: TAU) (OTCQX: THSGF) announced earlier this morning a strategic C$44 million financing anchored by AngloGold Ashanti Plc (NYSE: AU), with participation from Centerra Gold Inc. (TSX: CG) (NYSE: CGAU). Under a subscription agreement, AngloGold Ashanti will acquire approximately 5% of Thesis through a private placement ...
AllPennyStocks.com