Articles tagged 'new dawn mining corporation'

New Dawn pursues Cayman Islands registration 10 December 2013 HARARE - Canada-based New Dawn Mining Corporation (New Dawn) says it will complete transfer and registration of its shares in Cayman Islands by year end following its delisting from the Toronto Stock Exchange. The Zimbabwe-focused group — with several gold mines in the country — said after sha...
New Dawn delists 22 November 2013 HARARE - Canada-based New Dawn Mining Corporation (New Dawn) on Wednesday delisted from the Toronto Stock Exchange and moved its operations to the tax haven of Cayman Islands as part of on-going attempts to cut costs. The Zimbabwe-focused group with several gold mines in the country believes t...
Indigenisation approval no respite: New Dawn 18 November 2013 HARARE - Toronto-listed New Dawn Mining Corporation (New Dawn) says the approval of its indigenisation plan by Zimbabwe will not relieve the group of its liquidity and capital pressures. The junior gold miner — which owns and operates several mines in three gold camps in the country  — said th...
New Dawn indigenised 14 October 2013 HARARE - Zimbabwe has approved Canada-based New Dawn Mining Corporation (New Dawn)'s indigenisation plan. The junior gold miner — which owns and operates several mines in three gold camps in Zimbabwe — last week announced that the Indigenisation and Economic Empowerment ministry had approved t...
New Dawn's Zim future uncertain 23 September 2013 HARARE - Canada-based New Dawn Mining Corporation (New Dawn) says its future in Zimbabwe remains uncertain due to indigenisation regulations and continued deteriorating economic and business climate in the country. The Zimbabwe-focused junior gold miner said that a major underlying factor cont...
New Dawn mulls selling mines 19 August 2013 HARARE - Toronto Stock Exchange-listed New Dawn Mining Corporation (New Dawn) is considering disposing of two of its five mines in Zimbabwe as part of efforts to raise additional capital. This comes as the Zimbabwe-focused gold miner's operations have been hit by falling international gold pri...
New Dawn threatens to pull out of Zim 21 July 2013 HARARE - Toronto Stock Exchange-listed New Dawn Mining Corporation (New Dawn) has threatened to divest from Zimbabwe if its planned cost-reduction measures fail and the international gold price continues to fall. The gold miner — operating five mines in Zimbabwe — said it might mothball its op...