trending Market Intelligence /marketintelligence/en/news-insights/trending/seya3bD4LLgwYYslhslXQQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Northern Cobalt to acquire majority stake in Millrock's Goodpaster gold project

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Northern Cobalt to acquire majority stake in Millrock's Goodpaster gold project

Northern Cobalt Ltd. signed a binding term sheet to acquire a majority stake in Millrock Resources Inc.'s Goodpaster gold project, which surrounds Northern Star Resources Ltd.'s Pogo gold mine in Alaska.

Northern Cobalt can own 60% of the entire property by spending US$20 million, issuing 38 million shares, paying US$200,000 and conducting a 7,500-meter diamond core drill program over four years.

The company can then elect to form a specific joint venture on one block, in which its ownership will rise to 70% by funding a bankable feasibility study on the area. Its stake on that block will increase to 80% by loan-carrying Millrock to first production.

Northern Cobalt said Oct. 17 that it secured an exclusive option to complete due diligence for up to 100 days. Drilling will start in the first quarter of 2020.

In connection with the deal, the company also said PAC Partners Securities and Taylor Collison received firm commitments for a A$1.5 million placement at 3.5 Australian cents per share. Proceeds will be used to progress due diligence and start preparatory work for drilling.