Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX
Sector: Gold Mining
Epic: TSX-RBI
News: Latest news
Web Site: Redback Mining
Other Articles: 01-02-201015-01-201016-11-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Monday March 15, 11:56Bionomics to present at Ultimate Healthcare & Biotechnology Event, March 24

Deborah Rathjen, CEO of Bionomics, recommended by UK Investment Reseach house Edison Investment Research, "our new valuation for BNO is at 55 cents" will present in Sydney.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Redback Mining

Redback Mining

Red Back's two key projects are the Chirano Gold Mine in Ghana and the Tasiast Gold Mine in Mauritania. In addition, the Company holds an extensive exploration portfolio both in Ghana and Mauritania.
Monday, November 16, 2009

Red Back Mining reports 20 pct resource increase for Tasiast gold mine in Mauritania

company news image

Red Back Mining (TSX: RBI) said new calculations have increased the measured and indicated resource at its 100 percent owned Tasiast gold mine in Mauritania by approximately 890,000 ounces to 5.37 million ounces, at cut off grades of 0.2 grams per tonne for oxide and 0.5 g/t for fresh material.

This is an increase of 20 percent since the previous estimate announced in mid-September 2009. It has been calculated based upon 30,000 metres of drilling since early September 2009, substantially in the new Greenschist Zone at the West Branch Deposit.

Drilling is ongoing with six rigs on site and plans are in place to further accelerate the exploration programme into 2010. As at today, over 20,000 samples are in process. Results from these samples plus ongoing drilling are expected to generate significant further additions to the rapidly increasing Tasiast resource base, Red Back said.

President and CEO Richard P Clark said: “With these latest results from the West Branch Deposit, Tasiast is developing into one of the largest new gold mines in Africa. We look forward to continuing to update our shareholders on the success at Tasiast."

AddThis Feed Button
Register here to be notified of future Redback Mining articles.

Other Redback Mining articles


Other Redback Mining news

More news ►

Investors interested in Redback Mining recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.