Majestic Gold’s (MJS-V) Songjiagou gold project in China’s Shandong province would have a net present value of US$525 million at a 10% discount rate and an internal rate of return of 78.6%, according to a preliminary assessment.
A hostile takeover bid turned friendlier on Sunday when Ventana Gold Corp. (VEN-T) verbally agreed to a new takeover price of $13.06 per share from AUX Canada Acquisition, up 43¢ from the latter’s initial offer of $12.63 per share in…
Lake Shore Gold (LSG-T) has increased its ownership in Northern Superior Resources (SUP-V) to 25.5% by privately buying more than 6.7 million shares at 80¢ each.
Assay results from the first seven holes of a second-phase drill program at its Borden Lake gold project near Chapleau, Ont., have extended the gold zone about 300 metres northwest of previous drilling, Probe Mines (PRB-V) reports.
Newmont Mining (NEM-N) is the latest to join the wave of merger and acquisition activity that is washing over Canadian mining companies.
After a torrid run, the yellow metal has cooled off with the coming of the new year.
Vancouver – In a couple of packed sessions at the Mineral Exploration Roundup in late January, leading Yukon gold explorers Atac Resources (atc-v) and Kaminak Resources (kam-v) laid out their plans for stepped up exploration in 2011.
Drilling last year to upgrade inferred resources to higher categories at Seabridge Gold’s (SEA-T, SA-X) Courageous Lake deposit northeast of Yellowknife in Canada’s Northwest Territories, has increased measured and indicated resources, improved…
Just three years after acquiring the Haile deposit in South Carolina, Romarco Minerals (R-T) has completed a positive feasibility study that demonstrates the project would have one of the lowest operating costs and highest grades of any…
Four drill holes designed to test gold mineralization below the open-pit floor at the Golden Arrow gold project in northern Ontario have not disappointed Murgor Resources (MGR-V).
It has taken about six years but Bulgaria has finally granted a 30-year concession to Dundee Precious Metals (DPM-T), bringing it a step closer to developing its Khan Krum deposit in Krumovgrad into an open-pit gold mine. But the company must…
Goldcorp (G-T, GG-N) has sold its 10.1% equity interest in Osisko Mining (OSK-T) for roughly $530 million.
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.