• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Qatar Gets Sweet on Greece in First Gold Investment

    Investing News Network
    Oct. 03, 2011 02:10PM PST
    Precious Metals

    Mining Weekly reported that shares of European Goldfields (TSX:ECU) rose on news that it received funding from Qatar.

    Mining Weekly reported that shares of European Goldfields (TSX:ECU) rose on news that it received funding from Qatar.

    As quoted in the market news:

    The stock surged over 20% before easing slightly, as it answered questions as to how it would fund its two Greek gold projects, which had created an overhang on the stock. TSX-listed European Goldfields announced it had struck an agreement to borrow $600-million from Qatar Holding, a unit of the Qatar Investment Authority, and also issued the sovereign wealth fund warrants to buy 40-million shares for $367-million, or C9.08 apiece.

    Click here to read the entire Mining Weekly report.

    tsx:ecugold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Metal letterpress sign that says Top 50.

    6 Mining Companies Make Top 20 on 2025 OTCQX Best 50 List

    Gold Outlook

    Gold Outlook

    Latest News

    Apollo Increases Measured and Indicated Silver Resource Estimate at Calico Project

    Brunswick Exploration Starts Maiden Drilling Program at Anatacau Main

    Silver47 Highlights Expansive High-Grade Gold and Silver System at the Kennedy Project, Nevada

    Blackrock Silver Receives 4.24 Million Dollars from Warrant Exercises and Upsizes Eastern Resource Expansion Drill Program at Tonopah West

    LKY Frankfurt Listing & Strategic US Expansion

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Triumph Gold

    TIG:CA

    Horizon Minerals

    HRZ:AU

    Alice Queen

    AQX:AU

    Pinnacle Silver and Gold

    PINN:CC

    1911 Gold

    AUMB:CC

    Kobo Resources

    KRI:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×