Steppe Gold Ltd. announces today that Aneel Waraich has resigned as a director and executive vice president of the Company and Greg Wood has resigned as Chief Operating Officer of the Company, each effective March 28, 2024, and the board of directors has accepted their resignations. The Company would like to thank Mr. Wood and Mr. Waraich for their [...]
Steppe Gold Ltd. is pleased to announce it has reached the next financing milestone for the Phase 2 Expansion at the 100% owned ATO Gold Mine . This coincides with further progress on the turnkey engineering, procurement, and construction contract , and the second project finance draw down of US$40.4m. Highlights Second draw down of US$40.4m from [...]
Steppe Gold Ltd. is pleased to announce that Steppe Investments Limited, a wholly owned subsidiary of the Company, has entered into an amended and restated gold prepay agreement with Triple Flag International Ltd. for an additional advance under its previously negotiated short-term gold prepay facility . Under the terms of the Prepay Agreement [...]
Steppe Gold Ltd. is pleased to announce the extension of the binding term sheet entered with, among other parties, Boroo Gold LLC dated January 18, 2024 , pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold in an all-share transaction . The [...]
Steppe Gold Ltd. announces the following Board changes. Matthew Wood has resigned as a director of the Company. The President of the Company, Byambatseren Tsogbadrakh, has joined the Board, with both notifications effective immediately. The Company would like to pay special thanks to Mr. Wood for his outstanding contributions to Steppe Gold. As one [...]
Steppe Gold Ltd. is pleased to announce that it has entered into a binding term sheet pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold LLC in an all-share transaction . Transaction Highlights: Boroo Gold is a leading gold producer with an [...]
Steppe Gold Ltd. is pleased to announce that it has entered into a turnkey engineering, procurement and construction contract , with Hexagon Build Engineering LLC for the Phase 2 Expansion at the ATO Gold Mine . Hexagon is an experienced construction group active in Mongolia and internationally. As at the date of execution of the EPC Contract, the [...]
Steppe Gold Ltd. invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive presentation at the Emerging Growth Conference Steppe Gold Ltd. , is pleased to announce that it has been invited to present at the Emerging Growth Conference on Wednesday, December 6, 2023. The next Emerging Growth [...]
Steppe Gold Ltd. is pleased to announce its financial results for the third quarter ended September 30, 2023. HIGHLIGHTS Third quarter and nine months ended September 30, 2023 Highlights Revenue for the three and nine months ended September 30, 2023, amounted to $15,765 and $39,562 on sales of 7,920 and 19,809 gold ounces, and 23,845 and 53,694 [...]
Steppe Gold Ltd. is pleased to provide an operations update. Highlights: ATO Gold Mine production passes the 100,000 oz threshold Project to date mined ore has reached 3.894M tonnes Project to date stacked ore has reached 3.529M tonnes Increasing its annual production from approximately 30koz in 2023 and 2024 to over 100koz Au Eq from the end of [...]
Steppe Gold Ltd. is pleased to provide an update on the Phase 2 expansion. Phase 2 Expansion Updates: Steppe Gold draws down $9.6m from a US$150m financing package in October to accelerate the construction and development of Phase 2 Expansion. EPC arrangements are in the final stages, partnering with leading international engineering firms and [...]
Steppe Gold Ltd. announces that on September 27, 2023, Aranjin Resources Ltd. , with a head office address of Suite 202, 2438 Marine Drive, West Vancouver, British Columbia, V7V 1L1,converted the $1,814,400 principal amount of the outstanding convertible debenture held by Steppe to common shares of Aranjin at a price of $0.055 per Common Share [...]