Canadian Mining Journal


Rainy River Resources Ltd


  • News

    MINING PEOPLE: Armistice Resources, Intrepid Mines, and Rainy River Resources

    October 3, 2013 by Canadian Mining Journal Editor

    Greg Gibson is now CEO, president and a director of Toronto-based Armistice Resources Corp., operator of the McGarry gold mine. His career includes being a mine manager in gold and copper mines in Australia, a nickel mine n Timmins, ON, and a…

  • News

    TAKEOVER: New Gold takes up 97% of Rainy River shares

    August 12, 2013 by Canadian Mining Journal Editor

    VANCOUVER – New Gold has succeeded in its takeover of Toronto’s Rainy River Resources, having acquired 100.9 million common shares or 97.5% of Rainy River. New Gold will take up the remaining, untendered shares by way of compulsory…

  • News

    MERGER: New Gold extends offer for Rainy River

    July 25, 2013 by Canadian Mining Journal Editor

    TORONTO – With 86.2% of the outstanding Rainy River Resources shares pledged to its offer, New Gold extending its offer for all Rainy River shares to 5 pm, Aug. 8, 2013.

  • News

    New Gold sees opportunity in $310-million Rainy River deal

    June 3, 2013 by Canadian Mining Journal Editor

    VANCOUVER — With junior equity valuations falling, it seems logical the market would have increased merger and acquisition activity by larger cap miners looking to score relative bargains on quality assets. And that seems to be the case…

  • News

    GOLD: Intrepid zone at Rainy River open at depth

    May 14, 2013 by Canadian Mining Journal Editor

    ONTARIO – The latest drill hole results from Rainy River Resources at the Intrepid zone trace the mineralization along a 410-metre strike length and down dip for 450 metres. The zone is open at depth.

  • News

    GOLD-SILVER: Rainy River ready to proceed

    April 11, 2013 by Canadian Mining Journal Editor

    ONTARIO – A positive feasibility study for the Rainy River gold-silver project 80 km south of Kenora has owner Rainy River Resources of Toronto eager to proceed. The proven and probable reserves host 4.0 million oz of gold and 10.3…

  • News

    Rainy River outlines new gold zone in advance of feasibility study

    April 4, 2013 by Canadian Mining Journal Editor

    VANCOUVER – A new zone keeps generating gold-silver hits at Rainy River Resources’ (RR-T) namesake project in northwestern Ontario, creating a slew of strong numbers to inform a new resource estimate planned for the middle of the year….

  • News

    GOLD: Rainy River offers more results from Intrepid zone

    December 5, 2012 by Canadian Mining Journal Editor

    ONTARIO – Eleven of the 18 recent drill holes in the Intrepid zone show widths suggestive of open pit potential, according to Rainy River Resources of Toronto. The company has traced the Intrepid zone over a 335-metres strike lengths and…

  • News

    FINANCING: Rainy River ups bought deal to $57.5M

    November 14, 2012 by Canadian Mining Journal Editor

    ONTARIO – Rainy River Resources of Toronto has boosted the size of its public offering to $57.5 million, or 10.5 million common shares at a price of $5.50 each. The underwriters have also been granted an option to purchase up to 1.6…

  • News

    GOLD STUDY: Rainy River updates PEA with higher grades

    August 30, 2012 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Rainy River Resources has revised the preliminary economic assessment for its Rainy River gold project 80 km south of Kenora, thanks  to estimated mill head grades of 1.45 g/t Au, 50% above the figure used in…

  • News

    Yamana pounces on Extorre with US$404 million bid

    June 19, 2012 by Canadian Mining Journal Editor

    VANCOUVER — Following a tumultuous four months that saw share prices plummet and development options narrow, Vancouver-based explorer Extorre Gold Mines found a solution to its problem in the form of Toronto-based producer Yamana Gold,…

  • News

    Speculation mounts about IamGold’s takeover targets

    April 24, 2012 by Canadian Mining Journal Editor

    IamGold chief executive Steve Letwin says the cash-rich miner plans to spend $400 million to $500 million on an acquisition in the Americas over the coming months. The mid-tier gold producer has about $1.4 billion in cash and no debt and wants…