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Additional information
Additional Information
Market: ASX / AIM
Sector: Gold Mining
Epic: NGX / NGL
News: Latest news
Web Site: Norseman Gold
Other Articles: 24-02-201028-01-201022-01-2010

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Tuesday March 16, 11:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Wednesday March 17, 03:46Access Pharmaceuticals’ Cobalamin oral platform could offer new way to administer insulin

This morning, Access Pharma reported that two independent animal studies confirmed earlier findings that Cobalamin offers significant bioavailability of orally delivered insulin

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Norseman Gold

Norseman Gold

Norseman Gold Plc operates Australia’s longest continuously running gold mining operation, which has produced over 5.5 million ounces of gold over a period of more than 65 years from the Norseman field in Western Australia.

In addition to the two producing high-grade underground gold mines, the Company has a portfolio of highly perspective, advanced exploration targets to support continued future production.  The Company has a strong management team with extensive experience in the resource, as well as considerable knowledge in corporate and strategic planning, acquisitions and finance.

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Friday, January 22, 2010

Sprott Asset Management ups stake in Norseman Gold to 12.6%

Toronto based investment firm, Sprott Asset Management (TSX: SII) has increased its stake in Australian gold producer Norseman Gold (ASX & AIM: NGL) to 12.6%.


Norseman Gold’s principal asset is the Norseman gold project, which currently has a total resource inventory of 2.1 Mt (million tonnes) at a grade of 5.4 g/t (grams per tonne) gold for 3.6 million oz (ounces), with a reserve inventory of 1.2 Mt grading 8.2 g/t gold for 310,000 oz.


Norseman produced 80,753 oz of gold in 2009 at a cash cost of A$715 per oz with both marking improvements over the previous year, while ending the year debtless and wish a cash balance of A$32.6 million.

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