Santa Fe makes second bid for Columbus Silver
Vancouver – Almost a year after an all-share takeover was first proposed, Santa Fe Gold (SFEG-O) has struck a new deal for an all-cash takeover of Columbus Silver (CSC-V).
News
Alderon’s positive PEA for Kami
Alderon Resources (ADV-V) says it has the ingredients in store to launch its Kamistiatusset (Kami) iron ore project in western Labrador by 2015.
Nevada Copper expands mineralization at Pumpkin Hollow
A 20,000-metre step-out and expansion drill program at Nevada Copper’s (NCU-T) Pumpkin Hollow project in Nevada continues to expand mineralization in the North deposit, the company says.
Discovery hole lifts Magellan
Magellan Minerals (MNM-V) discovered a new gold zone at its Cuiu Cuiu property in Brazil and the market took note. The new gold mineralization was found north of the Central zone and Magellan is calling the new zone “Central North”. The hole…
Riverside and partners busy drilling four properties at once
Riverside Resources (RRI-V) is hoping its “shared-risk business model” will soon return dividends to shareholders in the form of a significant mineral discovery. The company currently has four drill programs running at the same time in two…
Inca Pacific takes $35-million buyout to end ownership dispute
Vancouver – A protracted ownership battle looks to be closing with Inca Pacific Resources (IPR-V) agreeing to a roughly $35-million buyout by Peruvian-listed Minera Milpo.
A new zone at Seabee doesn’t disappoint Claude
Just three months after discovering the L62 zone at its Seabee gold mine in northern Saskatchewan, Claude Resources (CRJ-T, CGR-X) has outlined a strike length for the zone of 75 metres, a dip length of 300 metres and has decided to add another…
Barrick finds two new gold zones in Nevada
As Barrick Gold (ABX-T, ABX-N) continues to step up its exploration efforts at Cortez, Turquoise Ridge and Ruby Hill projects in Nevada, it has uncovered two new gold discoveries.
Roxgold and Riverstone hit high grade in Burkina
High grade intercepts at Roxgold (ROG-V) and Riverstone Resources (RVS-V) Yaramoko gold concession in western Burkina Faso attracted a lot of attention but did little to raise the company’s fortunes on the market. The companies released…
Strong drill results from Queenston
Queenston Mining (QMI-T) has completed 9 new drill holes at its wholly owned Upper Beaver gold-copper deposit in Kirkland Lake, Ont.
Niobec stake could be cash cow for Iamgold
Iamgold Corp. (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10%-20% of its Niobec niobium mine in the near term, but the sale last week of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set…
People
Aberdeen International – Richard Bishop appointed VP of investments.