LSE:SOLG
SolGold PLC
Precious Metals and Mining
28.5p -1.9p -6.25% (as of close on 10/12/25)
| Market cap (m) | £856.9 |
| Enterprise value (m) | £1,006.1 |
SolGold PLC is a mineral exploration and development company that carries a diverse portfolio of exploration and development projects in Ecuador, Australia, and Chile. It is focused on mineral exploration and development in the Andean copper belt in Ecuador. The company's sole material project is the Cascabel Project, located within the Imbabura province of northern Ecuador. In addition, it holds interests in the Chical, Rio Amarillo, Chillanes, Salinas, Coangos, Cisne Victoria, Cisne Loja, and various other projects. Its operating segments are the Cascabel project, Other Ecuadorian projects, All other projects, and Corporate.
Last Updated: 05/12/2025
SolGold said it has rejected a preliminary and conditional non-binding proposal from Jiangxi Copper Company. A prior non-binding proposal from the same party was unanimously rejected on November 23. The company said the board remains confident in its standalone prospects.
SolGold advised shareholders to take no action and said it will provide further announcements when appropriate. Under the Takeover Code, Jiangxi has until 17:00 on December 26 to announce its intention to make or not to make an offer.
