Mena closes $72-million financing
Vancouver – After closing its $72-million brokered private placement, Mena Resources (MEA-V, MEARF-O) stands ready …
Gold
McEwen back in Red Lake camp with Rubicon
Vancouver – Financier Rob McEwen is set to acquire a 35% stake in Rubicon Minerals (RMX-T, RBY-X), a move that tak…
Quadra rolls out Q4 and 2006 profit
Vancouver – Improved performance at its flagship Robinson mine near Ely, Nevada propelled Quadra Mining (QUA-T, QAD…
Cardero cuts wide copper-gold at Huachi (February 26, 2007)
Vancouver — Initial drilling by Cardero Resource (CDU-T, CDY-X) on its Huachi project in Argentina’s San Juan province returned wide intervals of copper-gold mineralization in the porphyry environmen…
Malartic drilling finds extensions (February 26, 2007)
Recent drilling by Osisko Exploration (OSK-V, OSXLF-O) on the Canadian Malartic gold deposit near Malartic, Que., has confirmed extensions to the known gold resource in two areas of the property.
Northern Star steps up exploration at Midway-Malartic
Northern Star Mining (NSM-V, NSMSF-O) will begin a 30,000-metre drill program at its Midway-Malartic gold project, 16 km west of Val-d’Or, Que. by the end of February.
Giustra behind Goldcorp’s US$300M mines sale
Vancouver — In what looks to be a US$300-million pruning exercise, Goldcorp (G-T, GG-N) is spinning out mines in Australia and Brazil into a junior company led by Frank Giustra’s investment banking f…
Agnico-Eagle offers $710M for Cumberland
Agnico-Eagle Mines (AEM-T, AEM-N) plans to take on Canada’s North with its proposed takeover of Cumberland Resources (clg-t, clg-x).
Randgold tops 2005 profits
Mid-tier gold miner Randgold Resources (GOLD-Q, RRS-L) saw its earnings increase on higher gold prices and bigger production numbers in 2006.
Starcore closes financing for San Martin acquisition (February 26, 2007)
Vancouver — Starcore International Ventures (SAM-V, SHVLF-O) stands poised to enter the producer’s league following closure of an $18.7-million financing earmarked for the acquisition of the San Mart…
CGA to pick up Masbate
CGA Mining (CGA-T, CGX-A) has entered a deal with Thistle Mining (THTLF-O, TMG-L) to take over the Masbate gold project in the Philippines for US$30 million in cash and another US$21 million worth of …
Varvarinskoye resources inch up
A new resource and reserve estimate made for European Minerals (EPM-T, EUM-L) on the Varvarinskoye gold-copper deposit in northern Kazakhstan has increased the size of the resource, while knocking the…