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AuRico, Crocodile revise payment arrangement from sale of two Aussie gold mines

2014-12-22 15:23:58| Energy - Topix.net

AuRico Gold Inc. will receive $20-million cash and a stream of royalty payments from Crocodile Gold Corp. under a revised agreement between the two companies. Under that plan, AuRico could have received more than $45 million from the mines' cash flow but over a longer period of time and after certain conditions were met.

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AuRico, Crocodile revise payment arrangement from sale of two Aussie gold mines

2014-12-22 15:07:03| Oil & Gas - Topix.net

AuRico Gold Inc. will receive $20-million cash and a stream of royalty payments from Crocodile Gold Corp. under a revised agreement between the two companies. Under that plan, AuRico could have received more than $45 million from the mines' cash flow but over a longer period of time and after certain conditions were met.

Tags: sale gold payment arrangement

 
 

7 Gold Coins Left in Salvation Army Red Kettle in Lake County

2014-12-18 18:16:08| Grocery - Topix.net

An anonymous donor dropped a package of seven gold Swiss Francs worth $1,500 in a Salvation Army kettle at the Jewel-Osco in Libertyville this past Sunday. Salvation Army officials believe it is the fourth year in a row the same donor has left coins in the Libertyville grocery store red kettle.

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Goldgroup sells Mexican gold project to Timmins Gold for up to US$30 million

2014-12-18 15:29:01| Railroads - Topix.net

Timmins Gold Corp. will exchange US$10 million cash and shares currently worth about US$15 million to acquire the Caballo Blanco open pit gold mine project in Mexico from Goldgroup Mining Inc. . There's also a contingency for Timmins to pay an additional US$5 million once a permit is granted, making the deal potentially worth US$30 million.

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Gold Nanoparticles suit photoacoustic imaging applications.

2014-12-18 14:31:00| Industrial Newsroom - All News for Today

When subjected to extreme heat via focused laser beams, Silica-coated Gold Nanorods resist melting and shape distortion. In addition to thermodynamic stability, silica coating also facilitates heat transfer to surrounding fluid, maximizing signal strength. These benefits make gold nanorods optimized contrast agent for in vitro and in vivo photoacoustic imaging as well as other applications involving continuous or pulsed lasers.

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