Holding companies make $259M offer for QGX
Coal and gold explorer QGX (QGX-T, QGXLF-O), one of the first Western companies to get an exploration permit in Mongolia, has received a $259-million takeover offer.
Articles by Northern Miner Staff
Gold Reserve rebuffs Rusoro’s advance (September 08, 2008)
VANCOUVER–With a letter to Gold Reserve (GRZ-T, GRZ-X) suggesting a friendly merger, Rusoro Mining (RML-V, RMLFF-O) made another move in its gamble to pull most if not all of Venezuela’s major mining…
International Beryllium funds nuclear fuel research (September 08, 2008)
International Beryllium (IB-V, IBRYF-O) has agreed to fund a two-year, US$500,000 research project by Purdue University in West Lafayette, Ind., to investigate the possibility of producing a better nu…
Axmin’s permits restricted in Central African Republic (September 08, 2008)
A decree by the Central African Republic to amend permits valid for a suite of minerals — restricting them to gold mineralization only –is a devastating blow for Axmin (AXM-V, AXMIF-O), which has sp…
PC Gold looks to set Pickle Crow back in flight (September 08, 2008)
It’s not often a junior gets its hands on a former gold mine that was a “money machine” in its day and still contains significant mineralization.
Follow the money: Inter-Citic has backers equal to none and big dreams for Dachang
When two extremely prominent, high net-worth Chinese families back a Canadian junior mining company, people should probably sit up and take notice.
Entre Gold discovers coal in Mongolia
Entre Gold (ETG-T, EGI-X) may be exploring for gold and copper on the resource-rich steppes of Mongolia but as luck would have it, the Canadian junior has also stumbled across some coal within 5 km o…
China Zirconium lists on TSX
Rock samples taken from several Apollo space missions suggest that zirconium is found in higher concentrations on the moon than on Earth, according to Canada’s National Research Council.
Jo shows more zinc and silver for Sabina (September 08, 2008)
VANCOUVER–While a frustrating delay continues to hang over its Hackett River prefeasibility study, Sabina Silver (SBB-V, SBBFF-O) has released more decent drill results from the Jo zone.
Getting your permits in China (September 08, 2008)
HONG KONG — Miners intending to enter China’s vast mining and mineral exploration scene need to know the ropes when it comes to the country’s minerals regulatory regime.
GobiMin back on track, CFO says
VANCOUVER — With rebounding revenues, a doubled up indicated resource at Yellow Mountain and a new copper discovery at Yanxi, summer has been much kinder to GobiMin (GMN-V, GMNFF-O) than winter.
Minco adds Sterling to its silver portfolio
VANCOUVER — The company advancing the Fuwan silver property in China, Minco Silver (MSV-T, MISVF-O), is taking over Sterling Mining (SMQ-T, SRLM-O), proprietor of the Sunshine silver mine in Idaho, t…