Nevsun raises $20 million
Thanks to gross proceeds of $20 million in "bought deal" financing Nevsun Resources (NSU-T) is one step c…
2005
Noranda to refine Inco copper
Two competing companies, Inco (N-T) and Noranda (NRD.LV-T) have reached a mutually beneficial agreement to have Nor…
Bellavista mine pours first gold (June 29, 2005)
The first gold bar has been poured at Glencairn Gold’s (GGG-T) Bellavista open pit mine, 120 km west of San Jose, C…
JV boosts Churchill congregation (June 29, 2005)
Drilling on the Churchill diamond project in Nunavut’s Rankin Inlet has turned up seven new kimberlites for partner…
Lonmin takes out Southern Platinum (June 29, 2005)
London-based platinum producer Lonmin (LMI-L) intends to compulsorily acquire all of the shares of Southern Platinu…
Castleworth hunts for Nevada gold
Vancouver A $1.6-million private placement will help Castleworth Ventures (WTH-V) fund ongoing exploration at the…
McEwen buying 10.5% stake in White Knight
Vancouver – GoldCorp (G-T) chairman and former CEO Robert McEwen is purchasing 5.7 million shares of White Knight R…
Marathon hits on BR zone
The first hole of the 2005 field program by Marathon PGM (MAR-V) at its Marathon property in north-central Ontario …
Renard 9 yields 101 CPHT
A 6.18-tonne sample from Ashton Mining of Canada’s (ACA-T) and Quebec government-owned Soquem’s equally-owned Renar…
Rio Tinto, Ivanhoe take servings of Entre
Anglo-Australian mining giant Rio Tinto (RTP-N) has joined the horde of miners heading to Mongolia by taking a 9.9%…
Resource estimate adds luster to Minto
Vancouver — Encouraged by the results of an independent resource estimate, Sherwood Mining (SWM-V) is pushing hard…
NEMI cashing up to build Trend coal mine
Vancouver – A planned private placement financing coupled with a recent loan agreement has NEMI Northern Energy & M…