Oromin Explorations Ltd

Employees pose for a picture at Teranga's Sabodala gold project in Senegal (2013). Source: Teranga Gold

Oromin turns friendly to Teranga offer

Teranga Gold (TSX: TGZ; US-OTC: TGCDF; ASX: TGZ) and Oromin Explorations (TSX: OLE) have found an amicable way for Teranga to acquire whatever Oromin equity it doesn’t already own.

Miners at Teranga Gold's Sabodala gold mine in Senegal, 650 km southeast of the capital Dakar. Source: Teranga Gold

Teranga aims to boost Sabodala with Oromin bid

VANCOUVER — Toronto-based producer Teranga Gold (TGZ-T, TGZ-A) is taking a second swing at Vancouver-based junior Oromin Explorations (OLE-T) with an all-share acquisition offer. Teranga’s target is Oromin’s 43.5% stake in the…

U.S. markets eke out small gains, Dec. 5-9

U.S. equities ended the week marginally higher as leaders in the European Union-with the exception of Great Britain-agreed in principal to draft a new treaty to form a closer fiscal union in the Euro zone. But skepticism about whether Europe…

More Gold At Sabodala For Oromin

VANCOUVER — The Sabodala gold project in eastern Senegal continues to yield promising results for Oromin Explorations (OLE-T, OLEPF-O) — the project now hosts four defined deposits, two mineralized …

Oromin Advances Sabodala

VANCOUVER — A 140,000-metre drilling effort in 2008 is paying off for Oromin Explorations (OLE-T, OLEPF-O): the company has delineated six mineralized zones at its Sabodala project in eastern Senegal…

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