Articles Tagged "gold"

Brazil to triple gold, iron, copper output by 2030

Reuters reports that a new plan released by the Brazilian government states that the country will more than triple it’s output of iron ore, copper and gold by 2030. The market news is quoted as saying: The document did not lay out specific requirements or incentives for companies that add value to their products before exporting [...]

Geologix Announces $20 Million Bought Deal Financing

Geologix Explorations Inc. (TSE:GIX) announced it has entered into an agreement with a syndicate of underwriters co-led by Wellington West Capital Markets Inc. and Raymond James Ltd. under which the Underwriters have agreed to buy from GIX, on a bought deal basis, 30,304,000 common shares at an issue price of $0.66 per common share for gross proceeds of $20,000,640.