SolGold are an Australian exploration company currently registered in the UK and Canada. A subsidiary of DGR Global, the company was originally called Solomon Gold Limited. Their exploration activities are focused in Ecuador, the Solomon Islands and Queensland, Australia. In Ecuador their interest is primarily in copper and gold.

Since 2017, Australian mining companies have purchased over 535,000 ha of mining concessions in Ecuador. Many of these concessions are in environmentally sensitive landscapes, such as mega-diverse rainforests, fragile Andean moors, the headwaters of the Amazon and the critically endangered cloud forests of north-western Ecuador. Thousands of hectares of protected forest reserves and indigenous territories are also threatened by these large Australian mining companies.

SOLGOLD AND ITS SUBSIDIARIES HOLD AROUND 320,000 HECTARES, OR ~60% OF ALL AUSTRALIAN MINING CONCESSIONS IN ECUADOR.

As of September 2019, Solgold has five subsidiary companies registered in Ecuador covering over 320,000 ha. These subsidiary companies are: Exploraciones Novomining S.A. (ENSA), Carnegie Ridge Resources S.A., Valle Rico Resources S.A., Green Rock Resources S.A. and Cruz del Sol S.A. and they currently control 72 mineral exploration concessions.

Recent news

Constitutional Court could save Australian-Government-funded Reserve in Ecuador from mining

Constitutional Court could save Australian-Government-funded Reserve in Ecuador from mining

A forest reserve in one of the world’s most biodiverse regions, originally set up with Australian Government support and home to over 200 species at risk of extinction, has been scheduled for a
Mining camps in Ecuador potential breeding ground for coronavirus

Mining camps in Ecuador potential breeding ground for coronavirus

Despite mining companies saying they are suspending operations in Ecuador due to Covid-19, on the ground work continues to take place, angering at-risk local communities and indigenous groups. “The
SolGold pushes ahead in Awá territory despite opposition

SolGold pushes ahead in Awá territory despite opposition

Communities barricaded a bridge in Chical, close to the Colombian border, on January 17 to express their frustration with mining companies continuing to explore despite community opposition. The

“I AM IN THE BUSINESS OF TAKING RISKS - THAT’S WHAT EXPLORATION IS ALL ABOUT”

Nick Mather - The Age (July 5, 2003)

CEO Nicholas Mather

Current directors include: Nicholas Mather, Brian Moller, Robert Weinberg, Craig Jones, Jason Ward, James Clare and Liam Twigger.

As of 12 February 2020, current top ten shareholders of Solgold are: Newcrest (14.6%); BHP (14.7%); Bell Potter Securities Limited (14.5%); DGR Global (10.6%); Fidelity Investments Canada ULC (10.2%); Cornerstone (8.85%); Tenstar Trading Ltd. (6.17%); BlackRock Investment (5.74%); Samuel Holdings Pty Ltd. (4.68%); Nicholas Mather (4.65%)

Find out more

SolGold concessions in Ecuador
Image credit: Rainforest Action Group & Forest Network

Rainforest Action Group_Solgold concessions_Ecuador

SolGold Update
(2 pages)

Detailed report on SolGold and its global operations
(9 page document)

SolGold Resumen
(2 páginas)

RAINFOREST ACTION GROUP SOLGOLD ACTUALIZACION Y RESUMEN

Galilee Basin Mine. Image Credit: ABC
PAST CONTROVERSIES IN AUSTRALIA:
Surat Basin Coal Seam Gas, Galilee Basin Coal, Galilee Basin/Bowen Basin Coal Seam Gas
CURRENT HOTSPOTS:
Surat Basin, Galilee Basin, Roma Shelf (Queensland), Macarthur Basin (Northern Territory), Ecuador, Gabon, Uganda, Ghana
LOSSES:
Lakes Oil Coal Seam Gas/Oil Exploration Victoria