Shares of Equinox Minerals (EQN-T, EQN-A) surged 31.5% or $1.80 per share to $7.51 today on news that Minmetals Resources wants to buy the company for $6.3 billion — the largest proposed minerals takeover bid in China’s history.
The following is an excerpt from Michael Barnes’ new book: Gold in Kirkland Lake, published by General Store Publishing House, and available for $29.95 at www.gsph.com. Contact the author at www.barnes4books.com.
Argentex Mining – Peter Ball appointed executive VP of corporate development.
Auriga Gold (AIA-V) is putting its faith in Manitoba’s Flin Flon greenstone belt, as the company fast-tracks its Maverick gold project into production.
2010 was a big year for the Yukon as exploration companies flooded into the territory in a flurry of staking and deal making, and 2011 is looking no different.
Vancouver – With several recent high-profile iron ore acquisitions in eastern Canada, Cap-Ex Ventures (CEV-V) has picked an opportune time to re-launch as a Labrador trough-focused exploration company.
HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high grade copper project on their hands right in the safe confines of Manitoba. The companies released a resource estimate at the Reed Lake polymetallic deposit near Snow Lake that…
A mistake at the lab turned out to be good news for Sona Resources (SYS-V).
When investors think of gold plays in Nevada they typically don’t think of Premier Gold Mines (PG-T), a company best known for its gold projects in Ontario.
San Gold (SGR-T, SGRCF-O) produced 43,498 ounces of gold last year and intends to nearly double that amount this year to 80,000 ounces.
In just under a year Moneta Porcupine Mines (ME-T, MPUCF-O) has discovered three large zones close to its historic resource of 624,500 ounces of 5.98 grams gold per tonne at its Golden Highway project in Ontario.
Vancouver – The S&P TSX Venture exchange made gains of 70.16 points in the March 21 to 25 period to end at 2,314.03, but is still short of its 2,439.83-point peak before the Japan earthquake severely disrupted markets.
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