RTG Mining is pleased to announce that the Office of the Bougainville Electoral Commission has today declared a new President, Mr Ishmael Toroama. Mr Toroama was a Commander of the Bougainville Revolutionary Army and has a strong record of promoting Peace and Independence for Bougainville, with a stated focus on stamping out any corruption in the Autonomous Bougainville Government and its public service. ABOUT RTG MINING [...]
RTG Mining is pleased to announce that Mt. Labo Exploration and Development Corporation has received a favourable Final Award in the international arbitration against Galeo Equipment Corporation in the Singapore International Arbitration Centre. On 21 August 2020, the Tribunal handed down its Final Award in the matter. The Final Award is a resounding vindication of Mt. Labo's position. Mt. Labo prevailed in all matters [...]
RTG Mining Inc. is pleased to announce that the Company has finalised agreements for the sale of its remaining interests in Thor Explorations Ltd., received in consideration for the sale of the Segilola Gold Project in Nigeria some years ago. RTG has sold its shareholding for a total consideration of C$2.45m and has agreed to sell the royalty for a further C$0.65m in cash and C$0.25m of shares in [...]
The Board of RTG Mining Inc. is pleased to announce that the Company has successfully completed the issue of approximately 60,128,550 Chess Depository Instruments at a price of A$0.057 per Security to Australian and international institutional and sophisticated investors pursuant to Tranche 1 of the private placement announced by the Company on 22 May 2020. Tranche 1 of the Private Placement raised proceeds of circa [...]
The Board of RTG Mining Inc. is pleased to announce that Mt. Labo Exploration and Development Corporation, which holds the high grade Mabilo Project in the Philippines, recently received written confirmation that the Mines and Geosciences Bureau has now approved the expansion of the current Mineral Production Sharing Agreement No. MLC-MRD-459 for the Nalesbitan Project to include the Mabilo Project, being the subject of [...]
The Board of RTG Miningis pleased to announce that the Company has received commitments to raise approximately US$6 million in a private placement to Australian and international institutional and sophisticated investors. Hartleys Limited, together with INTE Securities LLC and M2-Advisors, acted as Joint Lead Managers to the Private Placement. The Private Placement received strong institutional support, demonstrating the [...]
RTG Mining Inc. is pleased to announce that it has entered into binding Memorandum of Agreement with the two priority applicants for the Mt Kare Gold Project located in the Enga Province of Papua New Guinea to acquire a majority 80% stake in the project if and when successful in securing the new exploration licence. The two vendors are GMG Global Mining Group Limited and Tribune Mt. Kare Ltd. Mt Kare has a Historical [...]
RTG Mining Inc. is pleased to announce that the Company has completed the acquisition of the majority stake in the high grade Chanach Gold and Copper Project in the Kyrgyz Republic previously announced on 6 September 2019[1]. The deal represents an acquisition cost of only US$3.65/ Au resource ounce and US$0.0063/ Cu resource ounce with the limited exploration activities to date having defined an Inferred Mineral Resource of [...]
RTG Mining is pleased to announce that it has entered into a Sale and Purchase Agreement with White Cliff Minerals to acquire its majority stake in the high grade Chanach Gold and Copper Project in the Kyrgyz Republic. Highlights of the Transaction include: Strategic addition to RTG’s portfolio with an existing high grade JORC compliant Inferred Mineral Resource of 2.95 Mt @ 5.11 g/t Au for 484,000 ounces of Au and [...]
Board of RTG Mining announces that the Company has filed the June 2019 Quarterly Activities Report to the ASX as required under ASX listing rules. The Report can be found on the RTG Mining website and on the ASX, under announcements. RTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange, Australian Securities Exchange and the OTCQB Venture Market. RTG is focused on a [...]
The Board of RTG Mining is pleased to announce that the hearing of the arbitration matter between Mt. Labo Exploration and Development Corp., with an interest in the high grade Mabilo Project in the Philippines and Galeo Equipment Corporation, has been now been scheduled to commence on 16 September 2019. This is an important step in the resolution of the matter for Mt. Labo and the Mabilo Project. RTG Mining Inc. is a [...]
The Board of RTG Mining Inc. is pleased to announce that the Mines and Geosciences Bureau has formally approved the Feasibility Study for the Mabilo Project, held by Mt. Labo Exploration and Development Corp. Following a review by the Technical Committee on Mining Project Feasibility Studies, the evaluation confirmed the project is technically and economically feasible after consideration of the environmental, social and [...]
