RTG Mining Inc. is pleased to announce that Secretary Roy Cimatu of the Department of Environment and Natural Resources signed Department Administrative Order No. 2021-40 on 23 Dec. 2021, lifting the four-year-old ban on the open-pit method of mining for copper, gold, silver, and complex ores in the country. The DENR order covers all mining [...]
RTG Mining is pleased to announce that the Company has successfully completed the issue of approximately 156,277,779 Chess Depository Instruments at a price of A$0.09 per Security to institutional and sophisticated investors pursuant to the private placement announced by the Company on 20 Dec. 2021. The Private Placement raised proceeds of circa [...]
RTG Mining is pleased to announce that the Company has received commitments to raise approximately US$10 million in a private placement to institutional and sophisticated investors. Euroz Hartleys and Foster Stockbroking, together with INTE Securities LLC and M2-Advisors, acted as Joint Lead Managers to the Private Placement. The Private Placement [...]
RTG Mining Inc. is pleased to announce that Justice Patricia Bergin in the Singapore International Commercial Court of the Republic of Singapore has dismissed Galeo Equipment Corporation's application to set aside the Final Award, issued by the Singapore International Arbitration Centre in favour of Mt. Labo Exploration and Development Corp, in its [...]
RTG Mining is pleased to announce that President Duterte has signed Executive Order 130 which lifts the nine-year ban on granting new mining agreements to stimulate economic growth in the country including increased employment opportunities in remote rural areas. Mt. Labo Exploration and Development Corporation owns the high grade new development [...]
RTG Mining is pleased to announce that the Regional Trial Court of Quezon City in the Philippines has dismissed the Petition for Refusal of Recognition and Enforcement of a Foreign Arbitral Award with prayer for issuance of a Writ for Preliminary Injunction filed by Galeo Equipment Corporation against Mt. Labo Exploration and Development [...]
RTG Mining is pleased to announce that Mr Sean Fieler has agreed to join the Board, providing some representation for our North American investors. Mr Fieler is the Chief Investment Officer and President of Equinox Partners Investment Management, a Connecticut-based money manager who is also our largest shareholder. He joined Equinox Partners in [...]
RTG Mining is pleased to announce that the Office of the Bougainville Electoral Commission has today declared a new President, Mr Ishmael Toroama. Mr Toroama was a Commander of the Bougainville Revolutionary Army and has a strong record of promoting Peace and Independence for Bougainville, with a stated focus on stamping out any corruption in the [...]
RTG Mining is pleased to announce that Mt. Labo Exploration and Development Corporation has received a favourable Final Award in the international arbitration against Galeo Equipment Corporation in the Singapore International Arbitration Centre. On 21 August 2020, the Tribunal handed down its Final Award in the matter. The Final Award is a [...]
RTG Mining Inc. is pleased to announce that the Company has finalised agreements for the sale of its remaining interests in Thor Explorations Ltd., received in consideration for the sale of the Segilola Gold Project in Nigeria some years ago. RTG has sold its shareholding for a total consideration of C$2.45m and has agreed to sell the royalty for a [...]
The Board of RTG Mining Inc. is pleased to announce that the Company has successfully completed the issue of approximately 60,128,550 Chess Depository Instruments at a price of A$0.057 per Security to Australian and international institutional and sophisticated investors pursuant to Tranche 1 of the private placement announced by the Company on 22 [...]
The Board of RTG Mining Inc. is pleased to announce that Mt. Labo Exploration and Development Corporation, which holds the high grade Mabilo Project in the Philippines, recently received written confirmation that the Mines and Geosciences Bureau has now approved the expansion of the current Mineral Production Sharing Agreement No. MLC-MRD-459 for [...]