Investors and media
In the media
Central African Gold gains upside in Botswana — Motako acquisition
17 October 2007
CAG has entrenched its position in Southern Africa with the acquisition of “400 square kilometers of geology with interesting mineralogy” on the Archaean Kraaipan greenstone belt in Botswana. .
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Gold to punch through $800/oz in 2008
26 September 2007
GOLD guru Martin Murenbeeld is predicting an average gold price of $823/oz for 2008 as positive market fundamentals bear out his earlier, bullish forecasts.
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Zimbabwe power deal kindles gold output hopes
11 September 2007
Gold miners in Zimbabwe have raised their hopes of increased output if electricity supplies stabilise after an agreement with Mozambique to double power supplies to the embattled southern African country.
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CAG has increased the gold resource at Bibiani gold mine
30 July 2007
CAG has increased the gold resource at its Bibiani gold mine in Ghana to 2.68 million ounces after a drilling campaign.
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Zimbabwe's time will come: CAG
9 July 2007
CAG might develop a new gold mine in Zimbabwe, a country many see as an economic and political basket case.
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The Zimbabwe economy – SW Radio Africa transcript
26 June 2007
Economist Tony Hawkins gives journalist Violet Gonda his assessment on the economic situation in Zimbabwe.
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CAG plans to double its Zimbabwe mines gold output
31 May 2007
Junior miner Central African Gold is planning to double its precious metals output at its recently acquired Falgold and Olympus operations in Zimbabwe.
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Despite a widened pre-tax loss, Central African Gold confident for fiscal 2007
28 May 2007
Central African Gold is confident about its prospects for 2007 and beyond as it becomes a gold producer in Ghana, has taken over two Zimbabwean gold mines with good reservesand is making good exploration progress elsewhere.
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CAG would consider platinum
24 May 2007
CENTRAL African Gold, the UK-listed exploration firm, said it would consider investing in other metals, such as platinum. “If in exploration, we stumble upon platinum, we would definitely go for it,” said Greg Hunter, CEO of CAG.
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CAG says Zimbabwe can deliver sizeable gold deposits
15 May 2007
“Watch this space. Zimbabwe is capable of delivering sizable gold deposits.”
This is the view of chief executive officer of Central African Gold (CAG) Greg Hunter who told Mineweb in an interview that Zimbabwe has been overlooked as a source of large gold deposits in Africa.
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Ready, Steady, Gold!
17 April 2007
Central African Gold plc is aiming to produce gold in Central Africa, to do so as quickly and profitably as possible (70,000+ ounces targeted for this year), and to back up their producing operations with a world-class exploration portfolio which will provide a pipeline of future opportunities.
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CPM forecasts central bank gold sales to decline, increased gold supply and more fabrication demand
15 March 2007
In their 2007 Gold Yearbook released Thursday, CPM predicted that central bank gold sales will decrease this year
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CAG invests in gold mines in Zimbabwe
2 March 2007
AIM-Listed CAG has bought an 84.7% interest in Falcon Gold Zimbabwe Ltd (Falgold) and the entire issued share capital of Olympus Gold Mines Ltd for an aggregate consideration of £2.3 million (US$4.5 million) in cash and 9 million in new shares at £9.64/share (US$18.9/share).
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Halogen sells two Zimbabwe gold mines
27 February 2007
CENTRAL African Gold, the Alternative Investment Market-quoted gold mining company that recently bought AngloGold’s Bibiani mine in Ghana, has bought two Zimbabwean gold mines owned by JSE-listed Halogen Holdings.
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Central African Gold becomes immediate Zimbabwe gold producer with new assets
26 February 2007
CAG has not only become an immediate gold producer with the acquisition of Falgold and Olympus gold mining companies in Zimbabwe, but will also boost production here from 21,000 ounces to 30,000 ounces in the short term.
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Central African Gold expands Zim gold interests
26 February 2007
Aim-quoted mining and exploration firm CAG will spend £3,2-million to acquire an 84,7% interest in Falcon Gold Zimbabwe and the entire issued share capital of Olympus Gold Mines, the company said on Monday.
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CAG buys Zimbabwe gold mines
26 February 2007
AIM-TRADED CAG will acquire two operational Zimbabwean greenstone gold mining companies for $6.2m in cash and shares to add to its gold project in Ghana, lifting the group’s gold output to 80,000 oz this year, CEO Greg Hunter said on Monday.
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Central African Gold Increases Bibiani Gold Resources
7 February 2007
Following the completion of Phase I of the re-evaluation of the main Bibiani mine ore body and surrounding ore sources, AIM-listed gold mining and exploration company Central African Gold [AIM:CAG] has increased its Measured & Indicated gold resources from 733,000 ounces to 925,000 ounces.
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Central African Gold boosts resources at Ghanaian gold project
2 February 2007
Gold-mining and -exploration company CAG, which completed the first phase of its re-evaluation the main Bibiani mine ore body, in Ghana, said on Wednesday that the measured and indicated gold resources had been increased to 925 000 oz gold contained in 22 871 000 tons grading 1,26 g/t.
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Central African Gold inaugurates mines
30 January 2007
CAG Ghana Limited has inaugurated its Bibiani Gold Mine and announced the company’s decision to commit $25 million to the development of an underground operation.
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