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How to Identify a Gold Bearing AreaSciencing

Apr 25, 2021 · Gold prospecting and identifying gold-bearing areas have become increasingly more feasible, due to research developments on the geological process of gold formation. (See References 1.) Gold bearing areas, mostly throughout the western United States, have drawn and sprouted entire communities based on prospecting.

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Ghanaian company makes strides in the domestic gold

An undisclosed Ghanaian company is making great strides in the acquisition of the highly promising Namdini Gold Mining asset in the North of Ghana" of Cardinal Resources Limited Last week the announcement was made of the recent purchase by the Ghana Infrastructure Investment Fund (GIIF), A Ghanaian State-Owned Fund, of a USD 23.8 million loan []

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Cardinal to advance gold project with latest funding deal

Oct 03, 2021 · Cardinal Resources has raised $17.6 million to fund its Namdini project in Ghana, West Africa. The capital raising received backing from three of its six Cardinal

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Cardinal Resources Ltd resettlement action plan approved

Mar 11, 2021 · Cardinal Resources Ltd has received approval from the Minerals Commission of Ghana (MinCom) for a resettlement action plan (RAP) for the Namdini Gold Project in West Africa.. Approval paves the

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Cardinal gains on Namdini gold finding 9Finance

Gold play Cardinal Resources has witnessed a surge in its share price today on news it has intersected a 320-metre-wide gold zone at its Namdini project in Ghana, West Africa.

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Proactive

Announcements AngloGold Ashanti

February 12, 2021 AngloGold Ashanti agrees South African asset sale to Harmony Gold (242.3k) January 30, 2021 AngloGold Ashanti joined by Ghana stakeholders to mark Obuasi restart (111.1k) January 21, 2021 Updated Preliminary Economic Assessment for the Gramalote Project in Colombia (263.7k)

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Cardinal (ASXCDV) takeover battle over after winner

Cardinal is a West African gold‐focused exploration and mining company that holds the prized Namdini Gold Project in Ghana. Where to invest $1,000 right now When investing expert Scott Phillips

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GHANACardinal talks big bucks with Société Générale

12/24/2021 · Hoping to launch production at its Namdini gold mine that sits in the far north of Ghana by 2021, Australian miner Cardinal Resources is looking for funds to build its mine. Cardinal is in talks with several financial institutions from Australia and further afield to raise the $390 million indicated as capital cost.

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Cardinal Resources Limited (CDV.TO) (TSECDV) Hits New 1

Cardinal Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Ghana. The company primarily explores for gold deposits. Its principal project is Namdini Gold project covering an area of 63 square kilometers located in the Bolgatanga region.

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9

Ghana's solid performance in mergers and acquisitions in

2/9/2021 · China's acquisition of the Bibiani Gold Mining Project via Chifeng Jilong Gold Mining Co for USD 109 million was the largest inbound deal in H2 and FY 2021. Conversely, Engineers & Planners Co Ltd's acquisition of Cardinal Resources Ltd in Australia for USD 439 million was the top outbound transaction for H2 and FY 2021.

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Engineers & Planners launches cash offer for Cardinal

Engineers & Planners, the Ghanaian based business has joined the battle to buy out Perth in Australia based Cardinal Resources, topping previous bids for the gold explorer with a

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Ghanaian company makes strides in domestic gold

6/12/2021 · It is now also understood that allegedly a prominent, yet unnamed, local Ghanaian business has made an offer to purchase the prized Ghanaian Namdini Gold Project from Cardinal Resources Ltd.

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Gold Fields grows stake in Cardinal Bizcommunity

If all the options were exercised, Gold Fields would own 16.7% of Cardinal, which is busy with its Namdini project in northern Ghana. Gold Fields has the Damang and Tarkwa gold mines in

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Cardinal hits gold in Ghana news.au

12/3/2021 · Cardinal hits gold in Ghana GHANIAN explorer Cardinal Resources has hit a 133 metre gold intersection in its current drill program at the Namdini project. AAP December 3, 2021 315pm

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Shandong Gold Mining (HongKong) Co., Limited and

The Issuer holds tenements prospective for gold mineralisation in Ghana in relation to two projects located in northeast Ghana and one project located in southwest Ghana. 9. The Issuer Shares are posted and listed for trading on the Australian Securities Exchange (the ASX ) and on the Toronto Stock Exchange (the TSX ) under the symbol "CDV".

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Shandong Gold launches takeover bid for Cardinal

6/23/2021 · Deal significance Endorsed by Cardinal's board, implementation of the offer will see Shandong Gold acquire control of Cardinal's development-ready Namdini Project in Ghana, West Africa. The transaction also sees Shandong Gold provide an interim funding package by subscribing for approximately $ 12 millio n of Cardinal equity. As part of the deal, Shandong Gold

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Cardinal raises C$12.5m for Ghana gold project

Dual-listed Cardinal Resources on Tuesday announced that it will raise C$12-million to fund exploration and development work at the Namdini gold project, in Ghana. The company told shareholders

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Shandong assumes control of Cardinal Resources

12/24/2021 · That was when Cardinal's Namdini Project in Ghana surfaced as an acquisition target; one which the company said would establish it as a major gold producer in West Africa. However, Dongshan's offer remains subject to a number of conditions, one of which is obtaining a minimum 50.1 per cent interest in Cardinal.

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List of Gold Mining Companies In GhanaInformation

10/23/2021 · Phone Number +233549684337. Kenoli Gold Mining Company Limited; Address 115 Hilla Limann Hwy, Accra, Ghana. Phone Number +233202147598. Chirano Gold

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Ghanaian company makes strides in domestic gold

6/12/2021 · An undisclosed Ghanaian company is making great strides in the acquisition of the highly promising Namdini Gold Mining asset in the North of Ghana" of Cardinal

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Cardinal gives Shandong Gold's upgraded takeover offer the

Sep 16, 2021 · The West African exploration company holds interests in tenements within Ghana. It is focussed on developing the Namdini gold project, which boasts an ore reserve of 5.1 million ounces. Nordgold increased its interest in Cardinal from around 19.8 per cent to 28.5 per cent earlier this month. Australian Mining. Article Source

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Cardinal Debt Purchased by Ghana Infrastructure Investment

Jun 05, 2021 · A Feasibility Study released in Q42021 demonstrated that Cardinal's flagship Namdini Gold Project in Ghana's Northern District has the potential to be a low capital cost, high-margin development opportunity at a US$1,350 per ounce gold price.

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Cardinal raises $5m for gold projectBusiness News

Cardinal Resources has received firm commitments for a $5 million capital raising to fund ongoing work at its Namdini gold project in Ghana. To read our articles you will need to either login or subscribe.

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Cardinal Resources A Step Closer On Namdini Gold Project

Jan 31, 2021 · CDV recently released the results of the much-anticipated Feasibility Study for its Namdini Gold Project in Ghana, which confirm Namdini as a gold project with attractive economic returns. The Study forecasts 4.2Moz of gold to be produced over a 15-year period at an All‐in Sustaining Cost (AISC) of US$895/oz, compared to 3.9Moz at US$769/oz

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Cardinal raises C$12.5m for Ghana gold project

Dual-listed Cardinal Resources on Tuesday announced that it will raise C$12-million to fund exploration and development work at the Namdini gold project, in Ghana

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Cardinal Company Update Yahoo

Cardinal Resources Limited (ASX / TSXCDV) ("Cardinal" or "the Company") is pleased to provide an update in relation to the development of its 5.1Moz* Namdini Gold Project in Ghana

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Gold Cardinal recovers from savage hit, unleashes big

10/28/2021 · Cardinal Resources (ASXCDV) has just released a solid feasibility study on the mammoth, 5.1-million-ounce Namdini gold development in Ghana. But it hasn't all been smooth sailing for the explorer. In 2021, Cardinalthen uranium-focused Ridge Resourcespicked up some underexplored gold tenements in Ghana. About three years later it discovered the

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Resolute to sell Ghana gold mine to China's Chifeng Jilong

12/15/2021 · Australian gold miner Resolute Mining has agreed to sell its Bibiani underground gold mine project in Ghana to China's Chifeng Jilong Gold Mining Co Ltd for $105 million, the companies said in a

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Dongshan Investments announces intention to make

Dongshan is aiming to enhance its gold production portfolio by acquiring world-class assets, and the Namdini Gold Project in Ghana, which is owned by the Cardinal Group (the "Namdini Project

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Shandong Gold Acquires Control of CardinalFinancial Post

12/24/2021 · ABOUT CARDINAL. Cardinal Resources Limited (ASX/TSX CDV) is a West African gold‐focused exploration and development Company that holds interests in tenements within Ghana, West Africa. The Company is focused on the development of the Namdini Gold Project and released its Feasibility Study on 28 October 2021.

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Cardinal Resources secures $25 million for Ghana gold project

Jul 31, 2021 · Cardinal Resources has received a $25 million in funds from investment firm Sprott for the Namdini gold project in Ghana, West Africa. Cardinal will

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IN THE BUSINESS OF GOLD

4) Ghana features the Prolific Bibiani Gold Belt, site of Newcore'sEnchi Project 5) Ghana offers modern infrastructure and skilled mining labor 6) English is the primary language NA Ghana produced ~5 million ounces of gold in 2021, surpassing South Africa's 2021 production of 4.2 million ounces* Ghana produces more gold per square kilometer

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