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Vol. 16, No. 17 Week of April 24, 2011
Providing coverage of Alaska and Northwest Canada's mineral industry


Mining News: New Gold inks buyout of Blackwater owner

Ongoing drilling successes herald additional potential of Richfield Ventures Corp.ís central B.C. bulk tonnage gold property

Rose Ragsdale

Mining News

New Gold Inc. and Richfield Ventures Corp. jointly unveiled plans April 4 for New Gold to acquire the junior gold explorer and its promising Blackwater gold project in central British Columbia in a transaction valued at some C$550 million. New Gold and Richfield said they entered definitive agreem....

    [additional news subjects in this story]

4.14-million-ounce initial gold resource

Another win for New Gold

Deal to close in June


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