Greenstone takes 30% stake in gold miner Serabi
Private equity group Greenstone Resources is investing US$15 million for a 29.82% stake in Serabi Gold (TSX: SBI; LON: SRB), a junior with two operating gold mines in Brazil. The…
Magellan Minerals Ltd
Magellan’s bright outlook at Coringa
Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) of its Coringa gold deposit in Brazil’s Tapajos province. It concludes that strong economics justify moving the project to the feasibility stage, with a…
Sandstorm gets cashed-up
Sandstorm Gold (SSL-V) is looking to raise $150 million so it can add to its precious-metal streams. The sum is comprised of $130 million from a bought-deal financing at $10 per unit, plus up to $20 million from underwriters who can buy…
Royalty, streaming companies blossom
When equity and debt markets freeze up, cash-hungry mine developers are forced to find alternate financing options. And that means business is looking good for those in the precious metal streaming and royalty game.Big-time players like Royal…
Magellan grows Coringa in Brazil
Magellan Minerals (MNM-V) has bulked up resources at its Coringa project in Brazil’s Para State.
Prospecting finds new targets at Cuiu Cuiu
The heyday at northern Brazil’s Cuiú Cuiú gold district spanned 1972-1992 when 5,000-10,000 garimpeiros collected in this corner of Para state to work the rich alluvial deposits draining into the Tapajós River.
Magellan grows Coringa in Brazil
Magellan Minerals (MNM-V, MAGNF-O) has bulked up its resources at its Coringa project in Brazil’s Para State.
From jocks to rocks
Paul Reinhart was drafted twelfth overall by the Atlanta Flames in the 1979 NHL entry draft and went on to play 648 games in his professional hockey career, notching 133 goals and adding 426 assists for 559 points, making him one of the…
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…
Magellan races to find more Brazilian gold
It’s been years since geologists Alan Carter and Dennis Moore flew around with a claim map staking property in Brazil’s attractive Tapajos gold district, before setting up their own mining company – Magellan Minerals (MNM-V).
Magellan races to find more Brazilian gold
It’s been years since geologists Alan Carter and Dennis Moore flew around with a claim map staking property in Brazil’s attractive Tapajos gold district, before setting up their own mining company – Magellan Minerals (mnm-v).
Exploration in Brazil’s Tapajos district heats up again (March 14, 2011)
In the wake of Eldorado Gold’s (ELD-T, EGO-N) mid-2010 takeover of Brazauro Resources and its 2.1-million-oz. Tocantinzinho gold project, several Canadian juniors have ramped up their exploration efforts nearby in the hopes of finding the next…