New Gold to take Richfield in all-share deal worth $550 million
Vancouver – Richfield Ventures (RVC-V) has capped an impressive rise by being snapped up by New Gold (NGD-T, NGD-X) in an all-share deal that values the junior at $550 million.
Canada
Venture dips slightly in March 28 – April 1 period
Vancouver – The relatively subdued March 28 to April 1 period had the S&P TSX Venture drop 15.63 points after two days of losses outweighed three days of gains to have the board end at 2,298.40 points. Volume averaged out to a recent low of…
Minmetals Resources to bid for Equinox Minerals
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.
Odds ‘n’ Sods: Life in Kirkland Lake during World War II
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.
People (April 04, 2011)
Argentex Mining – Peter Ball appointed executive VP of corporate development.
Auriga’s fresh take on an old mine
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.
Junior explorers still flocking to the Yukon (April 04, 2011)
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.
Cap-Ex Ventures focuses on Labrador iron
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 and VMS find high grade copper in Manitoba
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…
Sona finding its gear in southern B.C.
A mistake at the lab turned out to be good news for Sona Resources (SYS-V).
Premier Gold emerges in Nevada (March 30, 2011)
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 plans to nearly double production in 2011
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.