Northgate Minerals Corp. and Primero Mining Corp. decided on merging to resolve problems on both sides. Northgate Minerals will give 1.5 shares for each share of Primero Mining. The share exchange will be worth Canadian $370 million. The combined market capitalization of the new company will be approximately Canadian $1.2 billion.
By Joel Scanlon
17 Jul 2011
Advanced Explorations (AEI) has reported the preliminary drilling results from its Tuktu iron project, which is situated in Nunavut, Canada.
By Joel Scanlon
16 Jul 2011
Argentex Mining has received further drilling results from the newly completed 2011 exploration at the Pinguino project, which is situated in Argentina’s Santa Cruz province.
By Joel Scanlon
16 Jul 2011
Magellan Minerals has declared the beginning of primary reconnaissance drilling at several targets in the western Brazil-based Mato Grosso JV gold project.
By Joel Scanlon
16 Jul 2011
Empire Mining has reported the initial underground diamond drilling results from the Bulqiza chromite project in Albania.
By Joel Scanlon
16 Jul 2011
Crosshair Exploration & Mining has started a drilling program at both the CMB Joint Venture (CMB JV) uranium project and CMB uranium-vanadium project, which is situated in Canada.
By Joel Scanlon
16 Jul 2011
Manson Creek Resources has commenced the diamond drilling program at the Virgin Arm gold property in Newfoundland.
By Joel Scanlon
16 Jul 2011
Alexis Minerals has received latest drilling results from the Bonanza zone of the Lac Herbin mine, which is located 10 km northeast of Val-d'Or in Quebec.
By Joel Scanlon
15 Jul 2011
Calibre Mining has released the primary sampling results from the surface exposures and trenches from the region around the significant Santa Rita open pit mine.
Uranium North Resource has begun the drilling at the Mallery gold-silver project, Nunavut. It has planned to drill around 1000 m at the project.
By Joel Scanlon
15 Jul 2011
Rodinia Lithium has reported further surface sampling results from Salar de Diablillos project in Salta Province, Argentina.
By Joel Scanlon
15 Jul 2011
Sona Resources has commenced a 3,000 m surface diamond drilling program at its Elizabeth gold deposit property. This property is located in the Lillooet Mining District of southern BC.
By Joel Scanlon
15 Jul 2011
Molycor Gold has completed the drilling program, which was announced earlier in June, 2011, at its Beaverdell silver project. This project is situated 4 km southeast of Beaverdell in British Columbia.
By Joel Scanlon
15 Jul 2011
American Manganese has received the drilling results of the following 11 holes from the drilling program at the Artillery Peak manganese project.
Beaufield Resources has started a summer field program at its Schefferville Iron property, Quebec. Funds of around $1,500,000 have been allotted to perform a wide soil sampling, prospecting and drilling program at the property.
By Joel Scanlon
14 Jul 2011