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Nevsun agrees to $1.86B Zijin takeover bid

Nevsun Resources (TSX: NSU; NYSE: NSU) has agreed to Zijin Mining’s (HGK: 2899) friendly take-over bid which values Nevsun at $6 per share or $1.86 billion. Nevsun shares jumped nearly…



Mawson improves gold-cobalt grades at Rajapalot

Mawson Resources (TSX: MAW; US-OTC: MWSNF) recently announced results from 46 diamond drill holes spanning six prospects at its Rajapalot gold-cobalt project in Finland. The company assayed previously gold-only drill…


Marathon Gold geologists examining quartz-tourmaline-pyrite-VG veining at the Frank zone at Valentine Lake. Credit: Marathon Gold.

Marathon discovers gold trend

Prospecting and trenching southwest of Marathon Gold’s (TSX: MOZ) Victory deposit in central Newfoundland have uncovered a 1,500-metre-long gold trend. A channel sample returned 2.71 grams gold per tonne over…




Lumina Gold spins out Luminex Resources

Lumina Gold (TSXV: LUM; US-OTC: LUMAF) is spinning all but one of its properties out into a separate company called Luminex Resources. It retains the Cangrejos gold-copper project, located in…






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