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Last C$0.04 CAD
Change Today -0.005 / -11.11%
Volume 28.0K
As of 3:47 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

reunion gold corp (RGD) Snapshot

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reunion gold corp (RGD) Details

Reunion Gold Corporation, together with its subsidiaries, acquires, explores, and develops for mineral properties in the Guiana Shield region, South America. The company holds interests in the Matthews Ridge Manganese project consisting of 4 prospecting licenses covering an area of approximately 185 square kilometers, as well as 2 permissions for geological and geophysical survey comprising an area of approximately 14,770 square kilometers located in Guyana. The company was formerly known as New Sleeper Gold Corporation and changed its name to Reunion Gold Corporation in June 2006. Reunion Gold Corporation is based in Longueuil, Canada.

reunion gold corp (RGD) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$316.0K
Executive Chairman and Member of Environment,...
Total Annual Compensation: C$316.0K
Chief Financial Officer
Total Annual Compensation: C$70.4K
Chief Operating Officer and Ex-Officio Member...
Total Annual Compensation: C$200.0K
Compensation as of Fiscal Year 2014.

reunion gold corp (RGD) Key Developments

Reunion Gold Corporation, Annual General Meeting, Sep 25, 2014

Reunion Gold Corporation, Annual General Meeting, Sep 25, 2014., at 11:00 Eastern Daylight. Location: Administrative office, at 1111 St-Charles Street West. Agenda: To receive the audited consolidated financial statements of the company for the fiscal year ended March 31, 2014, together with the auditor's report thereon; to re-elect seven directors of the company for the ensuing year; to re-appoint Raymond Chabot Grant Thornton LLP, Chartered Accountants, auditors of the company for the financial year ending March 31, 2015 and to authorize the directors to fix their remuneration; to consider and re-approve and confirming the 10% rolling stock option plan of the company, in accordance with TSX Venture Exchange policies; and to transact such other business as may properly come before the Meeting or any adjournment or adjournments thereof.

Reunion Gold Corporation Signs Memorandum of Understanding with National Energy Corporation of Trinidad and Tobago

Reunion Gold Corporation announced that it has signed a Memorandum of Understanding with the National Energy Corporation of Trinidad and Tobago Ltd. setting out the terms under which the parties will collaborate to evaluate the potential development by Reunion of a silico-manganese plant in Trinidad and Tobago. Following the release of the pre-feasibility study of the Matthews Ridge Project in July 2013, Reunion performed various desktop studies, including assessing the viability of reducing the output of the Matthews Ridge Project located in Guyana and converting the manganese concentrate into silico-manganese alloys in Trinidad and Tobago. In addition to its proximity to Guyana, Trinidad and Tobago offers numerous benefits including competitive power costs, deep sea port facilities, dedicated areas for industrial projects and proximity to silico-manganese markets.

Reunion Gold Announces Mineral Reserves and Positive Pre-Feasibility Study for Its Matthews Ridge Manganese Project

Reunion Gold Corporation announced that it has received the mineral reserves estimate and results of the pre-feasibility study ("PFS") for its wholly-owned Matthews Ridge Manganese Project in northwest Guyana, South America. The mineral reserve estimate and PFS were prepared under the direction of GMining Services Inc. with inputs from other specialized consultants, in accordance with the requirements of the Canadian Institute of Mining Guidelines and Canadian National Instrument 43-101 "Standards of Disclosure for Mineral Projects" ("NI 43-101"). The PFS describes the scope, design and viability of developing the Matthews Ridge Project based on a simple open pit mining operation with gravity concentration and exporting lump and fine concentrates. In February 2013, Reunion announced unconstrained measured and indicated mineral resources for the Matthews Ridge footprint area, totaling 32.4 million tonnes at 14.0% Mn using an 8% Mn cutoff grade. Open pit mining would be carried out by hydraulic excavators and articulated trucks with an anticipated mining recovery of 100%. The process plant flow sheet consists of scrubbing, screening and jigging to produce lump and fine concentrates. Metallurgical testing of the different ore types demonstrates very good and straightforward upgradability. Metallurgical recovery is anticipated at 73%. Concentrate is to be transported by road trains to a storage facility on a fluvial berth at Port Kaituma capable of loading ocean-going barges, using logistical concept already practised by the previous miners of Matthews Ridge. Current plans are to send the concentrate to a transhipment facility in Trinidad, where they would be loaded on dedicated bulk carriers. The company has identified the following specific Project opportunities: Potential increase of footprint mineral resources: There are specific areas on the footprint that could not be trenched and drilled in the past because of logistical constraints, but that are known to host mineralized materials. Subject to available financing, these targets will be explored later this year; Regional resource development: Three other prospects in the Matthews Ridge region (the Pipiani, Arakaka and North Prospects) are being explored with the objectives of adding new resources in the feasibility study; Favorable exploration ground: Reunion holds exclusive exploration licenses for manganese over an area of 185 square kilometers in northwest Guyana considered geologically very favorable for manganese mineralization; Potential optimizations: There is considerable scope for optimization of the process plant throughput based on market conditions, increased resources and further metallurgical testing.


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