Company News: Capital Gold
Updated: 04 Oct 2010
Capital Gold Corporation is a gold production and exploration company with a growing presence in Mexico and a singular mission- to become the next mid-tier producer in Latin America.
Capital Gold owns and operates the El Chanate open pit gold mine in Sonora, Mexico, which is projected to produce between 65,000 and 70,000 ounces in fiscal 2011.
On August 2, 2010, the Company acquired Nayarit Gold, Inc. and merged it into Capital Gold's wholly owned subsidiary. Capital Gold is focused on increasing production at the El Chanate open pit operations and advancing to production the Del Norte deposit in Nayarit, Mexico.
Capital Gold also owns and leases mineral concessions in Sonora that are undergoing preliminary exploration for gold and silver mineralization.
Capital Gold owns and operates the El Chanate open pit gold mine in Sonora, Mexico, which is projected to produce between 65,000 and 70,000 ounces in fiscal 2011.
On August 2, 2010, the Company acquired Nayarit Gold, Inc. and merged it into Capital Gold's wholly owned subsidiary. Capital Gold is focused on increasing production at the El Chanate open pit operations and advancing to production the Del Norte deposit in Nayarit, Mexico.
Capital Gold also owns and leases mineral concessions in Sonora that are undergoing preliminary exploration for gold and silver mineralization.
Also Known as: Capital Gold Corporation
Business Category Exploration; Mining
Regions of Operation Latin America
Exchange Ticker CGC
Financial Information
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Exchanges listed on AMEX
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76 Beaver Street, 14th floor
- New York
- New York
- 10005
- United States
Most Recent Company News
- Capital recommends a Gammon takeover - 08 Apr 2011 11:50am
Gammon Gold Inc has won the battle for a takeover of Capital Gold Corp after its friendly US$420 million offer was recommended by the company’s shareholders Read more... - Rivals make new offers for Capital Gold - 18 Mar 2011 11:44am
The takeover battle for Canada’s Capital Gold Corp has continued after rivals Gammon Gold Inc and Timmins Gold Corp both made improved offers for the company Read more... - Gammon, Timmons raise bids for Capital Gold - 16 Mar 2011 11:34am
The battle for control of Canada’a Capital Gold Corp has intensified after competing suitors Gammon Gold Inc and Timmins Gold Corp both improved offers for the company. Read more... - Gammon Gold offers cash and shares for Capital - 08 Oct 2010 11:44am
Gammon Gold Corp has offered US$288 million in cash and shares to buy Capital Gold Corp Read more...
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