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Vol. 13, No. 39 Week of September 28, 2008
Providing coverage of Alaska and Northwest Canada's mineral industry


Mining News: Mantra Mining emerges as spin-out vehicle

NovaGold swaps its non-core Alaska properties for 22 percent interest in junior; new Alaska player aims to advance Ambler

Shane Lasley

North of 60 Mining News

Mantra Mining Inc. became a major mineral property landholder in Alaska literally overnight when it agreed to purchase more than 485,000 acres of mining claims from NovaGold Resources Inc. and Rio Tinto PLC. In a C$20 million deal Mantra bought NovaGold’s interest in six western Alaska projects incl....

    [additional news subjects in this story]

Deal makes NovaGold majority shareholder

Focus on Arctic

Expanding horizons in Alaska


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