Blog

Pershing Gold Reports Upgrade and 34% Increase in Measured and Indicated Resource at Relief Canyon

[PR Newswire] – LAKEWOOD, Colo., July 6, 2015 /PRNewswire/ — Pershing Gold Corporation (PGLC) (“Pershing Gold” or the “Company”) announces an upgraded NI 43-101 compliant resource estimate (the “resource”) for its Relief Canyon Project in Pershing County, Nevada. The upgraded resource shows a Measured and Indicated Resource of 739,000 ounces of gold and an Inferred Resource of 70,000 ounces of gold (see Table 1). “This resource update immediately creates additional

Pershing Gold Begins Trading on NASDAQ Global Market

[PR Newswire] – LAKEWOOD, Colo., July 6, 2015 /PRNewswire/ — Pershing Gold Corporation (OTCQB:PGLCD) (“Pershing Gold” or the “Company”) announces that the Company’s common stock will trade on The NASDAQ Global Market (“NASDAQ”) under the symbol “PGLC” at the opening of trading today. The NASDAQ Stock Market LLC approved on June 30, 2015 the Company’s application to have its common stock listed on NASDAQ. “This up-listing represents a key milestone

IAMGOLD clarifies impact of mining code revisions in Burkina Faso

[PR Newswire] – TORONTO, July 6, 2015 /PRNewswire/ – IAMGOLD Corporation (“IAMGOLD” or the “Company”) provides clarification regarding the vote by the Transitional Assembly on an updated Mining Code in Burkina Faso. While the Code has not yet been formalized into law, it reduces regulatory uncertainty, creates an innovative community development fund, and, importantly, respects clauses in existing Mining Conventions. As a result, IAMGOLD does not expect a material impact

Manulife shelves $420 million Singapore REIT IPO as markets swoon

By S.Anuradha and Anshuman Daga SINGAPORE (Reuters) – Canada’s Manulife Financial Corp shelved its S$569 million ($420 million) IPO of a real estate investment trust in Singapore on Monday, the first major Asian offering outside China to be pulled due to deteriorating global markets. The postponement of the IPO, which had been slated to be Singapore’s biggest in a year, came as Greeks overwhelmingly rejected conditions of a rescue package