SECTIONS

Glass Earth Gold

BusinessOctober 22

Glass Earth Gold to consolidate shares on issue

Listed gold explorer Glass Earth Gold has gained shareholder approval to consolidate the number of shares on issue, with 10 old shares to be reissued as one new share.
BusinessSeptember 10

Glass Earth proposes consolidation of shares

Glass Earth Gold is looking to consolidate its number of shares on issue, by swapping 10 old shares for one new share.
BusinessApril 16

Glass Earth Gold loss despite production rise

Alluvial gold production from the Maniototo valley, in Otago, increased four-fold for Glass Earth Gold to $C2.97 million ($NZ3.49 million) for the past year, but the booking of accumulated exploration costs saw the company lodge a $C11.1 million ($NZ13 million) loss.
Glass Earth Gold loss despite production rise
Glass Earth Gold loss despite production rise
BusinessJanuary 10

Glass Earth looking up despite tough environment

The fortunes of boutique gold producer Glass Earth Gold are gaining momentum, as weekly Central Otago gold production surpasses $NZ150,000 and the company confirms private placement funding well beyond a targeted $C3 million ($NZ3.68 million), from investors worldwide.
Glass Earth looking up despite tough environment
Glass Earth looking up despite tough environment
BusinessDecember 4

Glass Earth triples quarterly revenue

Boutique gold producer Glass Earth Gold has tripled quarterly revenues from gold production to more than $1 million and estimates the present quarter will make further gains.
Glass Earth triples quarterly revenue
Glass Earth triples quarterly revenue
BusinessNovember 23

Gold recovery covering costs

Glass Earth Gold is breaking even at its mining operations in Central Otago's Manuherikia Valley as the boutique producer moves into better gold-producing ground.
BusinessNovember 20

Glass Earth may buy NI prospect

Explorer and boutique producer Glass Earth Gold has taken an option to buy a gold and silver prospect north of the Martha mine in the central North Island, in a 50:50 venture with mining entity Geoff Loudon.
BusinessOctober 10

Glass Earth raises $456,000

Boutique Otago gold producer Glass Earth Gold has raised a further $C360,000 ($NZ456,000) in private-placement funding as it juggles cash-flows against ongoing exploration costs at North Island prospects.
Glass Earth raises $456,000
Glass Earth raises $456,000
BusinessAugust 30

Explorer confident despite write-offs

Accumulated exploration cost write-offs have pushed boutique gold producer Glass Earth Gold into an $8.49 million loss for the half-year to June, but it remains confident cash-flows from gold recovery are achievable.
Explorer confident despite write-offs
Explorer confident despite write-offs
DunedinJuly 17

Otago again going for gold

Otago is in the midst of a modern-day gold rush.
BusinessJune 26

Glass Earth refinances with Canadian funds

Boutique Otago gold producer Glass Earth Gold has clinched $C2.35 million ($NZ2.95 million) from private equity placements out of Canada, enabling it to refinance the $4 million buy-out of its former joint venture partner.
BusinessJune 19

Ambitious Glass Earth recapitalises

Boutique explorer Glass Earth Gold has made a bold prediction - that it plans to extract $6 million from its Central Otago tenements next year - while announcing a $C2.2 million ($NZ2.77 million) recapitalisation programme.
Ambitious Glass Earth recapitalises
Ambitious Glass Earth recapitalises
BusinessMay 31

Glass Earth raising activity

Boutique gold producer and exploration company Glass Earth Gold is beginning to ramp up its Central Otago gold production, after "disappointing" production during its first quarter.
BusinessApril 19

Glass Earth, Newmont go prospecting

Southern gold producer Glass Earth Gold has entered a $4 million joint venture with Newmont Mining to undertake a drilling programme at a gold and silver prospect in Hauraki, in the North Island.
BusinessMarch 30

Glass Earth posts loss, cash retained

Gold explorer and boutique producer Glass Earth Gold has posted a $C1.71 million ($NZ2.13 million) loss for calendar 2011 trading, but retains $C3.6 million cash in hand for ramping up its Central Otago gold-extraction programme.
Glass Earth posts loss, cash retained
Glass Earth posts loss, cash retained
BusinessMarch 1

Significant find for Glass Earth Gold

Listed Glass Earth Gold has announced a "significant" gold find during test drilling in the Hauraki region, with one of the 19 results finding 17.2g of gold per tonne (g/t) and 24.2 g/t of silver in a 9.7m drilling sample.
BusinessJanuary 31

Glass Earth Gold reports results

Glass Earth Gold, which retains extensive exploration permits around Otago, has delivered its first drilling results from its North Island tenement, 65km southeast of Waihi.
BusinessMay 2

Glass Earth sees more revenue

Exploration company Glass Earth Gold is forecasting "significant" revenue increases this year from its boutique mining operation in Otago - with more than $C4.4 million ($NZ5.7 million) cash on hand for 2011 operations.
BusinessJune 11

Glass Earth Gold raises $3.9m for exploration

Otago gold explorer and boutique producer Glass Earth Gold has completed a $C2.73 million ($NZ3.9 million) capital-raising programme from a private placement to fund further exploration.
BusinessJune 11

Glass Earth Gold plans exploration

Gold exploration company Glass Earth Gold has raised $C996,300 ($NZ1.4m) in the second tranche of a private placement.
BusinessMay 20

$2.2m for Glass Earth in expected $4.2m placement

Otago miner and explorer Glass Earth Gold has announced it has raised $2.2 million, of an expected total of $4.2 million, from its first tranche of a private placement.
BusinessMay 3

Glass Earth Gold reports full year $C2.68m net loss

Gold exploration company Glass Earth Gold reported a 2009 loss of $C2.68 million ($NZ3.62m), with $C2.36m of capitalised exploration expenses written off in relation to relinquished ground that contained targets associated with those expenditures.