Rayrock companies reorganize as Pyx Mining
A new company, Pyx Mining, has been formed through the combination of Rayrock Yellowknife Resources (RAY-T), Minera Rayrock (MRN-T) and Inter-Rock Gold (IRO-T).Under the terms of the proposal, Rayrock…
Articles by Northern Miner Staff
Westmin snubs attempted takeover by Boliden — Vancouver company may exercise shareholder rights protection plan
The board of directors of Westmin Resources (WMI-T) has determined that an unsolicited $593-million takeover bid by Boliden (BOL.IR-T) is “inadequate and not in the shareholders’ best interests.”Bolid…
EXPLORATION ROUNDUP — Argosy drills for gold in Slovakia — Gold distribution augurs well for cost projections
Junior Argosy Mining (AGO-V) continues to expand reserves at Kremnica, a former gold and silver producer in central Slovakia.The project comprises 28 sq. km in the Kremnica epithermal district, about …
EXPLORATION ROUNDUP — Globetrotting Eldorado seeks success in weak gold market — Discovery, resource confirmation take edge off restructuring plan
Exploration work at grassroots and advanced-stage exploration and development projects in Turkey and Brazil is returning heartening results for Eldorado Gold (ELD-T).The company recently discovered go…
EXPLORATION ROUNDUP — Tiomin Res. boosts reserves at Kwale mineral sands project
Toronto-based junior Tiomin Resources (TIO-T) has increased by 54% its reserve estimate at the Kwale heavy mineral sands project in Kenya.The project’s three deposits are now estimated to host 200 mil…
EXPLORATION ROUNDUP — Indomin takes on prospects in South Africa, Zimbabwe —
Junior spreads out from IndonesiaOnce known mostly for its Indonesian gold and diamond projects, Indomin Resources (IRL-V) has entered the African exploration scene with promising grassroots gold proj…
EXPLORATION ROUNDUP — Crown Jewel gets permits
The Washington State Department of Ecology has issued water permits to the Crown Jewel gold project, bringing it one step closer to production.The Department of Ecology granted the permits following a…
EXPLORATION ROUNDUP — Antares explores Sumatra and Toodoggone
At first glance, the Toodoggone camp of northern British Columbia does not appear to have much in common with the North Lampung district at the southern end of the Indonesian island of Sumatra.However…
EXPLORATION ROUNDUP — Donner keeps faith at South Voisey’s Bay — Teck completes extensive program of mapping, geophysics
Donner Minerals (DML-V) and Teck (TEK-T) have hit only two 1-metre intersections of massive sulphides at their South Voisey’s Bay joint venture in Labrador, but the dream of finding another huge nicke…
EXPLORATION ROUNDUP — Quebec’s Quvillon area
awash with junior gold explorers — Several prospects, but no cornerstone deposit yetLebel-sur Quvillon, Que. — The pattern has been repeated time and again: a junior makes a mineral discovery in a p…
EXPLORATION ROUNDUP — Cambior joins Metallica at Cerro San Pedro
Montreal-based Cambior (CBJ-T) will join with Metallica Resources (MR-T) of Denver, Colo., to develop the latter’s Cerro San Pedro gold-silver project, 350 km northwest of Mexico City.Cambior can acqu…