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Canadian gold and energy royalty company offering aiming to raise more than $1-billion
Franco-Nevada, the Canadian gold and energy royalty company sold to Newmont Mining Corp. in 2002, is set to rise again with an initial public offering aiming to raise more than $1-billion – by far the largest debut on the Toronto Stock Exchange this year.
Hoping to attract the millions of mining investment dollars that have come [...]
Canada Energy Stocks May Fall a 2nd Day on Oil Royalty Proposal
Canadian energy stocks may fall for a second day on concern that a proposal to raise royalties on oil and gas producers may hurt energy companies’ growth and profits.
EnCana Corp., which is spending billions of dollars to develop two oil-sands projects in Alberta, may pace declines. Raw-materials producers may gain, led by Barrick Gold Corp., [...]
Geoinformatics Announces the Startup of Drilling on the Whistler Project
Geoinformatics Exploration Inc. is pleased to announce that drilling has commenced on its new Alaska gold-copper porphyry project, (the “Whistler Project”) which is located 161 km. northeast of Anchorage.
The initial drill holes of the 2007 drill program will be completed on the “Whistler Zone” totaling 3,000 metres of definition and in-fill drilling. Previously drilling by [...]
Global Gold Holds Annual Meeting
Global Gold Corporation (OTCBB: GBGD), an international gold mining, development and exploration company with mining properties in Armenia, Chile and Canada, held its annual shareholders meeting as noticed last Friday. With almost 80% of all outstanding shares represented in the voting process, shareholders re-elected the current Board of Directors by an over 99% favorable vote. [...]
Six Projects Totaling 25,000 Meters of Drilling Slated for 2007
Solitario Resources Corporation announces that drilling has commenced on three of its exploration properties as part of the most aggressive drilling campaign in its corporate history. A total of 25,000 meters of drilling is currently anticipated on six separate projects located in Mexico, Brazil, Peru and Bolivia. Over 80% of this drilling will be 100% [...]
Geoinformatics’ Australian Subsidiary Files Prospectus
Geoinformatics Exploration Inc. (”Geoinformatics” or the “Company”) announced today that its wholly-owned Australian subsidiary, Clancy Exploration Limited (”Clancy”), filed a prospectus (the “Prospectus”) on May 22, 2007, with the Australian Securities and Investments Commission for an initial public offering of its shares (the “IPO”), and the seven-day review period ended on May 30, 2007. The [...]
Virgin Metals Inc. has signed a binding with Morgain Minerals Inc.
Morgain Minerals Inc. sign binding with Virgin Metal Inc. to sell its 100% ownership interest in the Cuatro Hermanos copper/molybdenum mining claims located in the State of Sonora, Mexico.
The acquisition, which is scheduled to close no later than June 30, 2007, unless otherwise agreed to by the parties, is subject to the acceptance by the [...]
Marathon acquires Bird River Ni-Cu+PGM Property through option
Marathon PGM Corporation is pleased to announce that it has signed an agreement with Gossan Resources Limited (”Gossan”) to option the Bird River Project (the “Property”). The Property consists of 7,301 hectares and covers a strike length of over 21 km of the Bird River Sill Complex. The Bird River Complex carries significant mineralization of [...]
Cardero Options Los Manantiales Gold Property to Hochschild Mining Holdings Limited
Cardero Resource Corp. (”Cardero” or the “Company”) – is pleased to announce that it has entered into a letter of intent with Hochschild Mining Holdings Limited (”HMHL”), a subsidiary of Hochschild Mining plc , pursuant to which it has granted HMHL the option to earn up to a 70% interest in the Los Manantiales Gold [...]
