Kinross to buy Bema for $3.5B
Vancouver — Kinross Gold (K-T, KGC-N) is stepping up the pace of consolidation in the North American gold mining industry, launching a friendly $3.5-billion bid to acquire Bema Gold (BGO-T, BGO-N, BA…
Gold
Cumberland offloads Meliadine interest (November 13, 2006)
Vancouver — Deciding to focus on its key asset, the Meadowbank gold deposit near Baker Lake, in eastern Nunavut, Cumberland Resources (CLG-T, CLG-X) has sold its interest in the Meliadine gold projec…
Rainy River pulls high-grade gold
Vancouver — Rainy River Resources (RR-V, RRFFF-O) has announced a number of high-grade drill intercepts from its namesake gold project located about 80 km south of Kenora, in northwestern Ontario.
Goldcorp closes Glamis deal
In an unusual weekend manoeuvre, Goldcorp (G-T, GG-N) closed its controversial US$8.6-billion acquisition of Glamis Gold (GLG-T, GLG-N) on the Saturday evening of Nov. 4, exchanging each Glamis share …
Disappointment at El Corazon
Vancouver — Shares of Skeena Resources (SKE-V, SKREF-O) dropped 30% on high volume following drill results of up to 8.8 metres of 6.2 grams gold per tonne from its El Corazon project, in northwestern…
StrataGold expands Tassawini
Vancouver — Another batch of drill results from StrataGold’s (SGV-T, SAGDF-O) Tassawini project in northwestern Guyana has defined new areas of gold mineralization.
Update: Barrick waives minimum tender condition in NovaGold bid
Vancouver – Barrick Gold (ABX-T, ABX-N) has waived the 50.1% minimum tender condition in its US$16.00-per-share bid…
Deep zone outlined at New Gold’s Afton
Vancouver – Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, British Columbia is …
Alhambra intersects higher grades at Uzboy
Vancouver – Alhambra Resources (ALH-V) president Elmer Stewart says he is encouraged by the results of drilling to…
Barrick extends NovaGold bid with 22.5% tendered
Vancouver – With about 20.6 million shares of NovaGold Resources (NG-T, NG-X) deposited under Barrick Gold’s (ABX-T…
Return of former Marxist in Nicaragua chills Miners
Vancouver – The return to power of former Marxist Guerilla leader Daniel Ortega in Nicaragua has sent a chill throu…
Cambior shareholders vote for Iamgold deal
A special meeting of Cambior (CBJ-T, CBJ-X) shareholders has voted in favour of the proposed merger with Iamgold (I…