Last C$0.93 CAD
Change Today -0.01 / -1.06%
Volume 43.1K
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As of 3:58 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

midway gold corp (MDW) Snapshot

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02/18/14 - C$1.60
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12/23/13 - C$0.76
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midway gold corp (MDW) Details

Midway Gold Corp., a development stage company, acquires, explores, and develops gold and silver mineral properties in North America. It holds interests in the Pan gold project and Gold Rock gold deposit located along the prolific Battle Mountain/Eureka gold trend; the Spring Valley property located in the Spring Valley Mining District, Pershing County, Nevada; the Tonopah property located in Nye County, Nevada; and the Golden Eagle project located in the Eureka mining district in Ferry County, Washington. The company was formerly known as Red Emerald Resource Corp. and changed its name to Midway Gold Corp. in July 2002. Midway Gold Corp. was founded in 1996 and is headquartered in Englewood, Colorado.

38 Employees
Last Reported Date: 03/13/14
Founded in 1996

midway gold corp (MDW) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: C$246.0K
Senior Vice President of Operations
Total Annual Compensation: C$184.4K
Compensation as of Fiscal Year 2012.

midway gold corp (MDW) Key Developments

Midway Gold Corp. Reports Consolidated Earnings Results for the Year Ended December 31, 2013

Midway Gold Corp. reported consolidated earnings results for the year ended December 31, 2013. For the year, the company reported operating loss of CAD 17,380,100 compared to the operating loss of CAD 14,734,063 for the previous year. The company's consolidated net loss attributable to common shareholders for the year ended December 31, 2013 was CAD 478,283, or CAD 0.00 basic and CAD 0.05 diluted loss per share compared to a loss of CAD 15,706,856, or CAD 0.13 basic and diluted loss per share for the comparable period in 2012. Net cash used in operating activities was CAD 10,682,150 compared to the CAD 11,650,261 for the previous year.

Midway Gold Corp. and Barrick Gold Exploration Inc. Completes Earn-In to A Joint Venture At the Spring Valley Project

Midway Gold Corp. announced that Barrick Gold Exploration Inc. has completed its earn-in to a joint venture at the Spring Valley project in Pershing County, Nevada. Barrick notified the company in November 2013 that it had completed expenditures of the $38 million required to earn a 70% interest in the project. The companies have now completed formation of the joint venture with Barrick holding a 70% interest and Midway holding a 30% interest. Midway has the option to be carried to production at which point, Midway will retain a 25% interest in Spring Valley.

Midway Gold Appoints Brad Blacketor as New CFO

Midway Gold Corp. announced the appointment of Mr. Brad Blacketor to the Midway team as Chief Financial Officer, effective December 5. Mr. Blacketor brings over 20 years of mining industry financial experience to the Midway team. Prior to joining Midway, Brad was CFO of Gold Resource Corporation, CFO of Bear Creek Mining Corporation and CFO of Metallica Resources Inc. for 11 years as they made the transition from exploration to production. Brad is also a Director and Chairman of the Audit Committee for Kaminak Gold Corporation. Mr. Blacketor holds a B.S. in Business Administration with distinction from Indiana University as well as an MBA from Colorado State University. He is also a Certified Public Accountant registered in Colorado.


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