Crocodile Gold Corp

The mill at Crocodile Gold's Stawell gold mine, 250 km northwest of Melbourne, Australia. Credit: Crocodile Gold

Crocodile Gold lines up $18M

Crocodile Gold (TSX: CRK; US-OTC: CROCF), which operates three gold mines in Australia, has announced an $18-million private placement with Sprott Asset Management, Eric Sprott and Luxor Capital Group to finance its growth projects. 

Workers tend to equipment at the Fosterville gold mine in Australia. Source: Crocodile Gold

Real tears of joy for Crocodile

Crocodile Gold (TSX: CRK; US-OTC: CROCF) investors are soaking up the good news. The Toronto-based miner boosted its 2013 production guidance on the back of higher-than-expected gold production in the third quarter. Given consistent output…

Toronto Stock Exchange, Oct. 7-11

The S&P/TSX Composite Index closed up 176 points to 12,892.11, as investors hoped for a resolution to the budget impasse south of the border. The situation was doubly bad for commodities, as lower U.S. bond prices pushed yields higher,…

AuRico’s Q2 hits the mark

AuRico Gold (TSX: AUQ; NYSE: AUQ) has met second-quarter earnings expectations after adjusting for US$105 million in non-cash charges, mostly related to its El Chanate gold mine in Mexico.

Gold is poured at Crocodile Gold's Union Reefs mill in Australia's Northern Territory, 185 km southeast of Darwin. Source: Crocodile Gold

Crocodile uses debt to fund growth in Oz

Australia-focused Crocodile Gold (CRK-T) is looking to fund development through debt. The company is issuing $30 million in convertible debt that would pay interest at a 5% rate.

Open-pit operations at at AuRico Gold's Young-Davidson gold mine in Ontario. Photo by Nancy Duquet-Harvey

Cash-rich AuRico to buy back shares

AuRico Gold (AUQ-T, AUQ-N) is flush with US$750 million in cash after selling Minera Frisco (MSNFY-O) its Ocampo mine and adjacent exploration projects, Venus and Los Jarros, in Mexico’s Chihuahua state, as well as its 50% interest in…

Workers underground at the Ocampo mine. Source: AuRico Gold

AuRico announces share buy-back

Flush with US$750 million in cash from the sale to Minera Frisco (MSNFY-O) of its Ocampo mine and  adjacent exploration projects Venus and Los Jarros in Mexico’s Chihuahua state and its 50% interest in Orion, an advanced exploration…

Crocodile execs applaud Luxor’s higher offer

Luxor Capital Group has increased its partial offer for Crocodile Gold (CRK-T), which operates gold mines in Australia. The New York-based investment company has raised its bid to US62¢ from US56¢ a share to buy 215.4 million…

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