Wednesday, February 22, 2012
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BMC Partners to Create New Base Metal Company

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 SG Spirit Gold Announces Financing Terms
As per the terms of the definitive agreement with SG Spirit Gold Inc., they have now announced the terms of their financing to raise up to $12.5 million. Upon SG raising the $12.5 million, Buchans will receive 50% of the outstanding shares in SG, 50% of the board representation and a $2 million cash payment  + read more

Woodstock Manganese Project

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 Robust outlook for Electrolytic Manganese Metal market

Buchans Minerals has received a report from the CPM Group that identifies strengthening demand and price for electrolytic manganese metal (EMM). More importantly, CPM identifies that opportunities are opening up for new EMM producers outside of China due to increased Chinese regulatory pressure, falling Chinese ore grades, and rising production costs + read more

Buchans Minerals Corporation is a Canadian junior exploration company trading on the Toronto Venture Exchange under the symbol "BMC.V". The Company’s activities are focused on both exploration and pre-development projects in Atlantic Canada.

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