Agnico-Eagle doubles credit lines to US$600 million

Agnico-Eagle Mines Limited announced that it has executed a new non-amortizing US$300 million revolving credit facility, maturing September 2010. Including its pre-existing credit facility, the Company now has US$600 million of credit lines. The pre-existing facility is also a non-amortizing US$300 million revolving credit line, maturing January 2013. Both credit facilities are unsecured. The new facility... 

Agnico-Eagle announces refinancing transaction with Stornoway Diamond Corporation

Agnico-Eagle Mines Limited announced that it purchased 12,222,222 common shares of Stornoway Diamond Corporation (“Stornoway”) at a price of C$0.90 per common share from treasury. Stornoway used the proceeds of the private placement to redeem the C$10 million principal amount of convertible debentures held by Agnico-Eagle and to pay to Agnico-Eagle a C$1 million amendment fee in connection... 

Northern Star Mining Corp.: New Gold Discovery in Abitibi Gold Belt

Northern Star Mining Corp. (TSX VENTURE:NSM) is pleased to announce that Britannica Resources Corp. has made a gold discovery on the Revillart property located 10 km northwest of the town of Malartic, Quebec, on a property subject to an option/joint venture agreement (see press release March 21, 2006). Following initial reconnaissance work, magnetic and induced polarization surveys were carried out... 

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