www.grtbasin.com
Great Basin Gold Limited is an international mining company with two emerging mines in the world’s richest gold regions: the Hollister Mine on the Carlin Trend in Nevada and the Burnstone Mine in the Witwatersrand Basin, South Africa. These assets, combined with exploration activities in Tanzania and Mozambique, make Great Basin Gold an exceptionally well positioned investment opportunity.
Articles
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15/05/2012
Great Basin Gold posts 27% hike in Q1 revenue
Gold producer Great Basin Gold (TSE:GBG)(AMEX:GBG) Tuesday posted a 27% increase in revenue to $33 million for the quarter that ended March 31, compared with the same quarter a year earlier. The company cited a 7 percent improvement in ounces sold, as well as an 18 percent increase in the realized gold price.
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02/04/2012
Great Basin Gold narrows 2011 loss, revenues up 70% on higher production, prices
Gold producer Great Basin Gold (TSE:GBG) (AMEX:GBG) said Monday that full year losses narrowed and revenues jumped 70 percent as gold equivalent ounces sold increased with the price of gold.
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07/03/2012
Great Basin Gold gives operational updates on Hollister, Burnstone
Great Basin Gold (CVE:GBG) Wednesday provided an update on progress at its operations as well as exploration and drilling results for its Hollister project and Burnstone Mine.
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16/11/2011
Great Basin Gold nearly triples gold ounces sold in Q3, production improvements expected
In the three months to September 30, the emerging gold producer, which is focused on its Hollister project in Nevada and the Burnstone project in South Africa, recovered 32,531 gold equivalent ounces, and sold 29,308 ounces, at a realized price of $1,593 per gold equivalent ounce.
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07/10/2011
Great Basin Gold – strongly positioned with increasing gold production in Nevada and South Africa
The total gold equivalent ounces sold from Great Basin Gold's Hollister and Burnstone mines increased in the June quarter by 100% to 40,141 ounces, from 20,118 ounces in the prior quarter.
News
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15/08/12
Great Basin Gold looks to restructure after Q2 operational shortfalls -
30/05/12
Great Basin Gold says draft EIS for Hollister published -
09/04/12
Great Basin Gold says over-allotment option exercised for additional $7.5 mln in proceeds -
30/03/12
Great Basin Gold announces closing of $50 million bought deal, public offering of units -
15/03/12
Great Basin Gold announces new $50 mln bought deal agreement, prior deal terminated -
14/03/12
Great Basin Gold provides update on Tranter loan default -
09/03/12
Great Basin Gold announces $50 mln bought deal financing -
06/02/12
Great Basin Gold releases preliminary Q4, FY operational results -
16/12/11
Great Basin increases rate of ore development at Burnstone Mine -
07/12/11
Great Basin Gold agrees terms of US$150 mln credit facility
Recent Sector News
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Pascua-Lama halted by Chilean govt; Barrick fined US$16 million
The news came with a trading halt on Barrick’s stock on the TSX effective 12:04pm Toronto time, and on stock inSilver Wheaton (NYSE:SLW) (TSE:SLW), the embattled giant’s partner on the project, a few minutes later. Prior to the stop trade order, stock in Barrick was trading down, hitting an intraday low of $19.41 per share from an open of $19.56, a far cry from the stock’s 52 week high of $43.30 per share.
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Revett Minerals dealt another blow as it cuts workforce on delays at Troy mine
Revett Minerals (NYSE MKT:RVM) (TSE:RVM) plunged almost 25 per cent on Thursday after the company said it must slash its workforce at its Troy mine amid some unexpected structural damage found as part of its underground development work.
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UPDATE - Aureus Mining's DFS ups reserves, reduces costs
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Sacre-Coeur Minerals' constant work to refine procedures pays off with low cash costs
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