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    gold-investing

    Sovereign Gold to Receive Increase in Funding

    Investing News Network
    Nov. 26, 2012 09:38AM PST
    Precious Metals Investing

    Mining Weekly reported that junior miner Sovereign Gold has received more funding from Chinese State-owned Jiangsu Geology and Engineering to push forward with projects in New South Wales.

    Mining Weekly reported that junior miner Sovreign Gold has received more funding from Chinese State-owned Jiangsu Geology and Engineering to push forward with projects in New South Wales.

    As quoted in the market report:

    Sovereign Gold announced on Monday that Sugec had increased its funding from an initial A$6-million to A$21-million, and had committed a dedicated team of up to 14 geologists, geochemists and geophysicists to work with the junior.

    To view the whole Mining Weekly report, click here.

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