San Gold finding deep gold at Rice Lake (July 23, 2007)
Vancouver — San Gold (SGR-V, SGRCF-O) is looking deep, drilling below the 5,300-ft. level of the Rice Lake gold mine in Manitoba, and finding that significant mineralization continues at depth.
Articles by Northern Miner Staff
Alcan introduces white knight (July 23, 2007)
Rio Tinto (RTP-N, RIO-L, RIO-A) has entered the lists as a friendly bidder for Alcan (AL-T, AL-N), in a deal that values the Montreal-based aluminum producer at $40 billion and knocks Alcoa (AA-N) out…
Livin’ the Mexican dream
SITE VISIT La Luz, Mexico — It was another gruelling day as a geologist for Pierre O’Dowd, vice-president exploration for Normabec Mining Resources, (NMB-T, NBEMF-O) and he was seriously considering…
The end for Eurasia
Kazakhmys (KZMYF-O, KAZ-L) has taken up 96% of the outstanding shares of Eurasia Gold (EGX-T, EGXDF-O) and will move to a compulsory acquisition of the company.
No big lift for Atna (July 23, 2007)
Not even a 50% increase in resources at its Pinson gold property, in Nevada, could give Atna Resources (ATN-T, ATNAF-O) a substantial lift on the market.
Osisko adds resources at Malartic (July 23, 2007)
An updated resource calculation for the Canadian Malartic gold deposit south of Malartic, Que., has increased the inferred resource there by about 30%.
Great Canadian Mining Takeovers
(over $500M)
Peru projects showing strength for Bear Creek (July 23, 2007)
Vancouver — Peru continues to prove bountiful for Bear Creek Mining (BCM-V, BCEKF-O). The company recently announced new drill results from both of its Peruvian projects — the Corani silver-base met…
TSX Debentures (July 23, 2007)
Alamos Gold (AGI.DB-T) — 5.5% convertible at holder’s option to common shares (AGI-T) at $5.30 before maturity or redemption.
1,266-carat diamond haul for Diagem (July 23, 2007)
Vancouver — Pilot-plant processing of 7,388 cubic metres of weathered kimberlite at Diagem’s (DGM-V, DGMRF-O) Collier-04 pipe on its Property 214, in Brazil, has returned 10,025 commercial-sized diam…
Canadian Gold Mutual Funds (July 23, 2007)
Fund name Jul.17($) Jul.9($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 29.86 30.15 -0.29 -1.0 11.6 2.61 582.4 Altamira Pr & Str Mtl 13.13 13.16 -0.03 -0.2 1.3 2.67…
International Quotes (July 23, 2007)
Australia (A$) July 16 July 9 Change Bendigo Mining 0.31 0.31 0.00 Centamin Egypt 1.29 1.20 0.09 Emperor Mines 0.12 0.12 0.00 Kingsgate Cons. 5.37 5.37 0.00 Lion Selection Ltd…