The Critical Investor • 29 Comments
Sep. 15, 2014, 12:59 PM
- Midway Gold (MDW +8.6%) says it is advancing construction and mining has begun at its Pan Gold Project in Nevada, its first open pit heap leach project, with the leach pad complete and ready for ore.
- MDW says the project is proceeding on a schedule that should allow for gold production to begin late this year, although the schedule for completion has slipped by about a month due to heavy summer rainfall.
May 29, 2014, 5:43 PM
- Midway Gold (MDW) -4.9% AH after a syndicate of underwriters agrees to buy 30.1M common shares at $0.83 each, raising ~$25M.
- MDW says it intends to use the proceeds to fund the construction and working capital for the Pan project, Gold Rock development and permitting, and general corporate purposes.
Nov. 21, 2012, 3:21 PM
Midway Gold (MDW +8.2%) shares pop after a trading halt, as the company announces it has arranged a $70M private placement financing of five-year 8% convertible Series A Preferred shares at $1.85/share.| Nov. 21, 2012, 3:21 PM | 1 Comment
Jun. 6, 2012, 3:49 PM
Stifel Nicolaus initiates Midway Gold (MDW -2%) at Buy, foreseeing production of 150K-200K ounces annually with strong cash flow while retaining a prospective exploration upside. "In an environment where capital and operating cost inflation has marginalized large development projects, MDW's assets generally represent a portfolio of high return, technically simple, compact projects."| Jun. 6, 2012, 3:49 PM | 1 Comment
Feb. 29, 2012, 9:14 AM
Sep. 23, 2011, 9:00 AM
Jul. 18, 2011, 10:44 AM
Midway Gold (MDW +5.6%) continues to rally, hitting a new 52-week high after announcing last week that it had discovered one of the longest and highest grade gold intercepts yet encountered at its Spring Valley, Nevada mine.| Jul. 18, 2011, 10:44 AM
Jul. 13, 2011, 9:00 AM