Tintina Resources (TAU-V) Australian miner Sandfire Resources is buying out George Soros’s Quantum Partners to consolidate control of Tintina Resources’ Black Butte Copper project in Montana. The deal will see Sandfire purchase an additional 47,244,095 shares at a price of $.0831 per share, a 38.5% premium to Tintina’s Tuesday closing price. Sandfire now owns 57.19%… Continue Reading
A look at my favourite mining news releases out this morning. Torex Gold – (TXG:TSX) – Torex Gold released 2014 year end financial results this morning. Torex is a single asset company who owns the El Limon Guajes project in the Guerrero Gold Belt in Mexico which was purchased from Teck 5 years ago. The… Continue Reading
These are the headlines that I found interesting this morning for mining stock investors/traders. Terrax Minerals – (TXR:TSXV) – A good start to the winter drilling season for Terrax with one of the three holes released this morning intersecting 7m of 10.23 g/t gold. Terrax believes they have one of the 6 major high grade… Continue Reading
At the recent Vancouver Resource Investment Conference in Vancouver, CEO.ca caught up with Joseph Campbell CEO of TerraX Minerals (TXR.V). Terrax is exploring the northern extension of the historic Giant mine in Yellowknife. Management have been able to attract Andrew Gaumond’s Virginia Mines as a major shareholder (9.2%), along with Haywood Securities chairman John Tognetti.… Continue Reading
