Proactiveinvestors United Kingdom Vatukoula Gold Mines articles

Vatukoula Gold shares advance on £5.4 mln Chinese investment

Tue, 24 Apr 2012 11:14:00 +0100

A Chinese mining investor is putting £5.4 million into the company. It is buying 9 million new shares at a premium to take a 9.2 per cent stake in the Fiji focused gold miner.

Vatukoula Gold's improving grades boost underground mining operation

Wed, 14 Dec 2011 07:19:00 +0000

This morning’s quarterly results are a sign that Vatukoula Gold Mines big investment into underground mining is starting to pay off.

Vatukoula Gold Mines set to fight back

Fri, 10 Jun 2011 10:15:00 +0100

One of the big challenges for Fiji-focused gold miner Vatukoula is to restore confidence in its prospects after a disappointing share price performance. Its management looks determined to rise to it.

Vatukoula development plan will afford the company greater production flexibility

Mon, 10 Jan 2011 11:31:00 +0000

The accelerated underground development plan by Vatukoula Gold Mines will create some short term pain for miner but it will eventually afford it some much needed “production flexibility”. This is the conclusion of broker WH Ireland, which restated its buy and 224 pence a share price target in the wake of today’s update from the group.

Vatukoula Gold funded for 2-year exploration programme with £7.4m placing

Wed, 28 Jul 2010 09:52:00 +0100

The money will be used to progress the Vatukoula gold mine and an exploration programme on the special prospecting licenses covering the Tavua Cladera mining area in Fiji. On closing of the placing, the group will have cash of approximately £12m.

Vatukoula Gold Mines investment in new equipment starts to feed through to bottom line

Mon, 22 Mar 2010 12:02:00 +0000

It’s never straight forward returning an old mine to its former glory, particularly so if it is an underground mine, but that is exactly what Vatukoula Gold Mines is in process of doing in Fiji.

Vatukoula Gold Mines expects first quarter production and costs per ounce to beat its forecast

Tue, 24 Nov 2009 16:55:00 +0000

Vatukoula Gold Mines expects the first quarter performance of its flagship mine in Fiji to beat its forecast as the recent investments in equipment and facilities are taking effect.

Vatukoula Gold Mines – a year in the life of a gold junior

Mon, 05 Oct 2009 04:36:00 +0100

With £11 million of new money in the bank, the majority of the new fleet in place by the end of the calendar year, and funds in hand for the rest, VGM are at last well placed to achieve their ambitions for the Vatukoula mine.