Articles Tagged "royalty"

Canterra Acquires Ontario Gold Properties

Canterra Minerals Corporation (CVE:CTM) enters into three separate option agreements to acquire a 100% interest in a total of 74 unpatented mineral claims located in the Kenora and Patricia Mining Divisions of Ontario.

Orex Acquires an Advanced Stage Gold Project in Sweden

Orex Minerals Inc. (CVE:REX) reports that the company has signed an agreement with Northland Resources S.A. (TSE:NAU) to buy Northland's Barsele Gold project in Sweden.

Atlanta Gold purchases royalty on property

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. [...]

Sheltered Oak purchases rights to Larder Lake

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% [...]

Greencastle declared fiscal 2008 results

Greencastle Resources Ltd. declared the Company’s fiscal 2008 financial performance. Total royalty revenue for the year ended December 31, 2008, was $2,968,212 versus $1,620,243 for the year ended December 31, 2007, a rise of 83%. For full story, click here

IAMGOLD reports filing in France of cash bid

IAMGOLD Corporation reports that it has filed a draft tender offer in France that will provide for an all cash offer for Euro Resources. EURO currently has a participation right royalty on production from IAMGOLD’s Rosebel gold mine that entitles EURO to payments of 10% of the gold price above US$300/oz for production from soft rock and [...]

Alexis Minerals Corporation: A Rarity – Junior Explorer and Gold Producer

Overview Alexis Minerals Corporation is a dynamic and aggressive mineral exploration and development company focused on mine discovery in Canada’s richest mining regions, Val d’Or and Rouyn-Noranda, Quebec. Key Points: “Focused on Creating Wealth” Control of 1,005 square kilometres of high-quality exploration properties in two of Canada’s most prolific mining camps Explorer with discoveries Expert [...]