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EXPLORATION & DEVELOPMENT

New discoveries keep EAGM float on backburner

GEOFF Stewart has a problem: the company he chairs, East African Gold Mines, has been looking to list on the ASX for some time but a string of strong exploration results at its Tanzanian projects have continually pushed back the timing.

Michael Quinn
New discoveries keep EAGM float on backburner

The latest "problem" has been the Gokona discovery, where Stewart expects to announce an initial reserve in January of around 500,000 ounces. Gokona put the planned listing this year on hold, and the...

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