NovaGold (NYSE-AMEX, TSX: NG) seeks to raise $332.5 million for te expansion and developemnt of its properties including Galore Creek in NW BC. These funds include the to fund care and maintenance activities and continued exploration and advanced engineering studies at the Galore Creek project prior to any sale of the Company’s interest in the [...]
NovaGold Resources (TSX-NG) and Copper Canyon Resources recently announced that they have competed the previously arrangement. NovaGold acquired all of the issued and outstanding common shares of Copper Canyon which it did not already hold. As a result, Copper Canyon is now a wholly-owned subsidiary of NovaGold. In accordance with the Arrangement, former Copper Canyon [...]
The 2011 Minerals North Conference will be held this year in Stewart BC.With the event being held in a smaller centre this year there is limited space for both participants and vendors. The event this year has already sold out and now has a waiting list for both delegates and vendors. With the event being [...]
NovaGold Resources Inc. (NYSE-AMEX: NG, TSX: NG) (“NovaGold”) and Copper Canyon Resources Ltd. (TSX-V: CPY) (“Copper Canyon”) announced today that they have entered into a binding letter agreement providing for NovaGold to acquire all of the outstanding common shares of Copper Canyon by way of a plan of arrangement (the “Arrangement”) under the Business Corporations [...]
Serengeti Resources (TSXV-SIR) has recently staked 3 very large properties located in the NW section of British Columbia. These properties located near Dease Lake in the Stikine Arch section are in the general area of Red Chris, NovaGold and Galore Creek properties. Serengeti have received the information about the deposits from GeoScience BC recent report [...]
NovaGold Resources (AMEX-NG, TSX-NG) recently has mailed their offer for a takeover to the shareholders of Copper Canyon (TSXV-CPY). Pursuant to the offer, Copper Canyon shareholders will receive 0.0425 of a NovaGold common share for every common share of Copper Canyon. The offer will be open for acceptance until 5:00 pm (Eastern time) on February [...]
Nova Gold (TSX-NG) announced today that it intends to acquire all of the outstanding shares of Copper Canyon Resources (TSXV-CPY). This deal would provide Nova Gold with Copper Canyon’s copper/gold/silver property that is adjacent to Nova Gold’s Galore Creek project
Novagold (TSX-NG, AMEX-NG) CEO Rick Van Nieuwenhuyse was recently featured on CNBC talking about the price of gold and the possible mergers in the gold mining industry http://www.cnbc.com/id/15840232/?video=1648255133&play=1
© 2012 northernbcmining.com. All Rights Reserved. Log in
- Northern BC Mining (www.northernbcmining.com) is a brought to you by Pacific Prairie Consulting