Novo sells New Found Gold stake to Sprott for $100 million

Mining News Pro - Western Australia-focused gold producer Novo Resources (TSX: NVO) has agreed to sell its entire stake in New Found Gold, consisting of 15 million shares or about 9% of NFG’s share capital, to a corporation controlled by Canadian mining investor Eric Sprott.

Canada`s Novo takes a stake in Victorian gold project

Mining News Pro - Canadian gold explorer Novo Resources Corporation has exercised its joint venture (JV) with ASX-listed Kalamazoo Resources to earn a 50% in that company’s Queens gold project, in Victoria.

Novo exercises its Malmsbury option

Mining News Pro - Gold explorer Novo Resources has exercised its option over ASX-listed GBM Resource’s Malmsbury gold project, in the Victorian Goldfields.

Novo acquires stake in Kalamazoo gold projec

Mining News Pro - Novo Resources has locked in an initial 50 per cent interest in Kalamazoo Resources’ Queens gold project in Victoria.

Calidus to acquire high-grade Novo gold project

Mining News Pro - Calidus has secured an agreement with Novo Resources to acquire the Blue Spec gold-antimony project in the Pilbara region of Western Australia.

Novo Resources grows land package in Pilbara

Mining News Pro - Novo Resources announced on Monday that it has entered into an agreement with prospector Mark Creasy to consolidate sole ownership of 510km2 of existing tenure and acquire ownership of an additional 2,390km2 of highly prospective new tenure in the Pilbara region of Western Australia.

Novo makes new discovery at Pilbara gold project

Mining News Pro - Novo Resources announced on Tuesday it has discovered a broad gold-bearing swale in the northwestern part of its Egina mining lease in Australia’s Pilbara region.

Novo restarts exploration at Egina

Mining News Pro - Novo Resources announced on Friday that it has recommenced its exploration program at its Egina gold project in Pilbara.

TOMRA upgrades bulk samples at Novo’s Karratha gold project

Mining News Pro - Novo Resources has announced gold-rich assay results from concentrates generated by mechanical sorting trials conducted on four bulk samples from its Karratha gold project in Western Australia.

Russia’s Energoprom Group Upgrades its Novocherkassk Plant to Increase Graphite Electrodes Capacity

Mining News Pro - Russia’s Graphite electrode (GE) major Energoprom Group has commissioned a new pitch impregnation line at its Novocherkassk electrode plant.

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