A 1% net smelter return royalty on production from the Atlanta gold mine, which is currently under development, has been purchased by Atlanta Gold Inc (TSX: ATG). Earlier, in 2003, a 2% royalty was granted to Canadian American Mining Company LLC when the company acquired the remaining 20% participating interest in the property from CAMC. [...]
Continue reading "Atlanta Gold purchases royalty on property"
Tuesday, September 29, 2009
Sheltered Oak Resources Corp has announced that it has purchased the rights to Sage Gold Inc’s interests in the Larder Lake Mining District in Kerrs Township in the Abitibi Greenstone Belt of Ontario. Sage will receive 2 million common shares of Sheltered Oak Resources and $5 million in cash. Sage will also receive a 2% [...]
Continue reading "Sheltered Oak purchases rights to Larder Lake"
Tuesday, August 4, 2009
BUSINESSMAN FELIPE YAP’S MANILA Mining Corp. yesterday led a sharp rally among local mining Stocks on news about Hong Kong-based First Pacific Co. Ltd.’s interest in its dormant gold mining project in Surigao del Norte. For full story, click here
Continue reading "Mining Stocks Shine on First Pacific Interest"
Thursday, July 23, 2009
Canadian gold miner Semafo Inc has boosted its stake in a gold mine in Niger to 80 percent after it acquired Etruscan Resources Inc’s minority interest for $3 million. For full story, click here
Continue reading "Semafo has surged stake in Niger Gold Mine TO 80%"
Monday, July 13, 2009
Caldera Resources Inc. declared that it has signed a Memorandum of Understanding with 1518164 Ontario Inc. to acquire 100% interest in 55 unpatented claims of the Auden Property which is highly prospective for gold. For full story, click here
Thursday, July 2, 2009
Gold Aura Limited declared that its Brazilian subsidiary Gold Aura do Brasil Mineração Ltda. has moved to protect its interest in the Sao Chico gold property in Para State, Brazil, by entering into an agreement to acquire an effective 60% interest in the Sao Chico Project via acquiring 100% of the Sao Chico Project and [...]
Friday, June 19, 2009
Grandview Gold Inc. declared that it has signed a letter of intent with a private Peruvian group to acquire an 80 per cent interest in a 400-hectare property in exchange for cash, exploration spending and equity. For full story, click here
Continue reading "Grandview Gold will acquire property from Peruvian Group"
Wednesday, June 10, 2009
Glass Earth Gold Limited declared that it has entered into an option agreement to acquire a 70% equity interest in Golden Fern Resources, which currently holds 70% of the Rise & Shine prospect in Otago. For full story, click here
Continue reading "Glass Earth Gold- Options into Rise and Shine Gold Prospect"
Friday, April 17, 2009
Manicouagan Minerals Inc. revealed that that it has entered into an agreement with Trillium North Minerals Ltd. pursuant to which it can earn up to a seventy percent interest in three gold exploration properties in the Pickle Lake Area, Ontario. For full story, click here
Continue reading "Manicougan acquired option to earn up to 70 percent"
Monday, April 13, 2009
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
Continue reading "Propitious Conditions For Gold"
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Tuesday, September 29, 2009