(EMAILWIRE.COM, March 10, 2010 ) Dallas , Tx - NovaGold Resources Inc. (USA) (AMEX:NG) went up 9.21% to $6.88 on 5.51 million shares after the company yesterday announced that it is proposing to issue 13,636,364 common shares of the Company at a price of $5.50 per common share for gross proceeds of $75,000,002 (Soros Offering) to Quantum Partners Ltd., a private investment fund managed by Soros Fund Management LLC.
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Northgate Minerals Corporation (USA) (AMEX:NXG) fell 2.98% to $2.93 on 5.54 million shares after the company reported fourth quarter net loss of C$9.2 million or C$0.12 per share, compared to a net loss of C$74.9 million or C$1.05 per share in the prior year quarter.
Yamana Gold Inc. (USA) (NYSE:AUY) lost 0.88% to $10.08 on 14.84 million shares.
Kinross Gold Corporation (USA) (NYSE:KGC) fell 1.49% to $18.57 on 4.04 million shares.
Hecla Mining Company (NYSE:HL) decreased 1.24% to $5.56 on 7.81 million shares.
Barrick Gold Corporation (USA) (NYSE:ABX) declined 0.35% to $39.54 on 7.94 million shares.
Silver Wheaton Corp. (USA) (NYSE:SLW) went down 0.45% to $15.38 on 3.80 million shares.
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