North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Rose Ragsdale
For Mining News 

New Gold agrees to buy Silver Quest

Gold producer snags key assets at, near Blackwater Project in stock deals with two juniors; invests in Yukon-focused spinoff


Last updated 10/30/2011 at Noon

New Gold Ltd., less than six months after gaining majority ownership of the Blackwater Gold Project in central British Columbia, has moved to consolidate its control of the project. The mid-tier gold producer reported Oct. 17 it had entered into agreements to acquire two juniors that currently claim significant stakes in gold-rich properties believed to host the mineral resource.

New Gold ente...

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