History
Year
February Nordgold and WWF Russia Start Strategic Partnership
March Nordgold Agrees US$300 Million Five-Year Debt Facility with international banks 2017 Mineral Resources and Ore Reserves Update
April Construction begins on Gross mine processing plant
May Redemption of US$500 million Eurobonds
June Appointment of Brian Beamish to the Board
August Mining Convention Update for Lefa mine signed
September Nordgold’s Gross mine launched during Eastern Economic Forum in Vladivostok
February Nordgold Announces Intention to De-list GDRs
March Fitch Affirms Nordgold’s BB- Credit Rating, Upgrades Outlook to Positive Cancellation of Trading of Nordgold GDRs Nordgold Earns in 55.01% Interest in Montagne d'Or Project in French Guiana Nordgold Announces Positive Bankable Feasibility Study for Montagne d’Or Project Nordgold Agrees US$325 Million Seven-Year Debt Facility with Sberbank CIB Nordgold announces a 6% rise in Ore Reserves to 14.9 Moz and a 10% rise in Mineral Resources to 31.5 Moz in 2016
July Nordgold turns 10
August Nordgold Supports Research and Conservation of Snow Leopard
September Nordgold Obtains 55.01% Shareholding in Montagne d'Or Project Moody’s upgrades Nordgold’s rating to Ba2, stable outlook
December Nordgold completes the Tangarsi resettlement programme in Burkina Faso
February Nordgold delivered an outstanding set of results in 2015 with record EBITDA of US$520 million and operating cash flow of US$418 million
April On top of the 1.1 Moz replenishment of mined out ore, there has also been an 8% or 1 Moz increase in our Ore Reserves to 14.0 Moz of gold since 31 December 2014 due to the success of our 2015 exploration programmes
June Nordgold starts construction of its low-cost, large-scale Gross mine in Yakutia, Russia Nordgold increases production at Suzdal mine with launch of HiTeCC technology
September Nordgold launches Bouly gold heap leach operation in Burkina Faso
October Nordgold completes acquisition of Northquest
December Nordgold Enters into US$150 million 3-year Facility Agreement with ING
January Nordgold delivers record operating results for 2014, with production up 7% to 984.5 koz driven by improved operational efficiency at all mines
February Nordgold’s Berezitovy mine wins gold exploration and mining licence in Russia Despite the backdrop of falling gold price, Nordgold delivers both on an operational and financial level, with record gold production, a very strong EBITDA increase of 24% and over $US180 million of free cash flow
April Nordgold increases Ore Reserves by 3% to 13.0 Moz of gold since 2012 despite depletion of 2.3 Moz due to the success of 2013-2014 exploration programmes, which were mainly focused on standalone growth projects Nordgold strengthens senior management team with appointment of Howard Golden as Exploration Director Nordgold provides strategic update during Investor Day in London
June Nordgold increases stake in Northquest to 42.9% from 23.8%
July Nordgold announces results of the NI 43-101 compliant Preliminary Economic Assessment of the Montagne d’Or deposit in French Guyana Nordgold receives construction permit for Gross project
November Nordgold increases stake in Northquest to 52.3%
December Nordgold announces its intention to make an all-cash offer for Northquest
March Nordgold enters into US$500 million 5-year Facility Agreement with Sberbank CIB
June Nordgold enters into Agreements to acquire Ronguen Gold Project in Burkina Faso Nordgold’s Buryatzoloto receives an exploration and mining licence to develop and operate the Onot-Kitoyskaya gold area in the Republic of Buryatia in Russia
July Nordgold completes acquisition of stake in Northquest Ltd.
August Lefa mine signs Partnership Agreement with UNICEF and local communities
October Nordgold completes acquisition of the Ronguen Gold Project in Burkina Faso
December Nordgold increases stake in Buryatzoloto
January Nordgold launches the new Bissa mine which was built on time, on budget and ramped up to nameplate capacity in record time
March Nordgold consolidates 100% of High River Gold
May Nordgold places 5-year eurobonds worth $500 million
June Nordgold receives a gold and silver mining licence for its Gross project in Yakutia
September Nordgold strengthens senior management team by hiring new COO, Technical Director and Director of Metallurgy Nordgold enters into a binding letter of intent to acquire 50.01% of Montagne d’Or deposit in French Guiana
November Nordgold introduces payment of an interim quarterly dividend with the targeted payout ratio at 30% of net profit attributable to shareholders
January Nordgold splits off from Severstal, lists its GDRs on the London Stock Exchange
July Nordgold successfully launches an offer to acquire the remaining shares of High River Gold it did not already own
October Nordgold Redeems Crew Gold Bonds of US$58.9 million Nordgold launches New Brand Concept
July Nordgold receives mining license for Bissa Project, Burkina Faso
November Consolidation of 100% of Lefa ownership, integration of assets and creation of a unified business structure
September Nordgold acquires control over the Lefa mine in Guinea
December Nordgold optimises and integrates its assets, forming an integrated business model
August Acquisition of control over Balazhal mine in Kazakhstan as well as Taparko mine and Bissa project in Burkina Faso
November Nordgold acquires control over Buryatzoloto (Zun-Holba and Irokinda mines) and Berezitovy mines in Russia
April Severstal initiates expansion into gold
October Acquisition of Aprelkovo and Neryungri mines in Russia
December Acquisition of control over the Suzdal and Zherek mines in Kazakhstan