Mining News: Mantra Mining emerges as spin-out vehicleNovaGold 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
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $49 per year.
Subscribers log in here to read the entire newspaper (1998 to 11/21/2008)
Mining News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583 Publisher@MiningNewsNorth.com --- http://www.miningnewsnorth.com --- S U B S C R I B E
|