VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — Global Minerals Ltd. (TSX VENTURE: CTG)(OTCBB: GMLFF)(FRANKFURT: DFP) is pleased to announce it has signed a Memorandum of Cooperation for the development of its 100% owned Strieborna silver project with the local municipality of Roznava, Slovakia.In this memorandum, the City of Roznava expressed its support for all activities benefiting the timely development and permitting of the planned mining operation. Global Minerals expressed it
MONTREAL, QUEBEC — (Marketwire) — 03/12/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) announced today that the Corporation will include a non-cash impairment charge of approximately $60 million in the fourth quarter of 2012. The impairment charge is related to the Samira Hill mine in Niger and was prompted by the re-assessment of future cash flows to be generated by the mine following the review of technical and economical parameters. The revision takes into consideration increases in sustaining ca
VICTORIA, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — Cancana Resources Corp. (TSX VENTURE: CNY) (the "Company" or "Cancana") is pleased to announce that the Department National Production Minerals, ("DNPM") has received Cancana-s formal request for granting a trial mining license ("Guia") on claim 886241/2011.Cancana completed 2 National Instrument 43-101 ("NI 43-101") compliant technical reports related to its high-grade manganese claim i
29.35 g/t Gold Over 5.20 Metres
TORONTO, ONTARIO — (Marketwire) — 03/12/13 — BESRA (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: 0P6) John Seton, Chief Executive Officer is pleased to announce that Besra has formed a strategic banking partnership with VietAbank with the first deal now completed for US$ 18 million.John Seton commented, "Besra and VietAbank are delighted with the new arrangement as it demonstrates that Vietnamese financial institutions are willing to participate in foreign business development of the c
CALGARY, ALBERTA — (Marketwire) — 03/12/13 — Manson Creek Resources Ltd. (TSX VENTURE: MCK) (-Manson Creek-) is pleased to announce that it has entered into a letter agreement for the option of the Up Town Gold Project by Petro-Occidente Capital Corp. (TSXV: OPP.P) (-OPP-) where Manson Creek is assigning its option to acquire 100% of the Up Town Gold property, subject to a 2.5% net smelter return royalty held by the underlying vendor, to OPP."This deal with Petro-Occidente Capital Corp
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) ("EastCoal" or the "Company") is pleased to announce that, at the end of February, it restarted its wash plant at the Menzhinsky mine following the completion of engineering improvements and that it expects wash plant production to ramp up over the next few weeks.The geological challenges experienced at the Menzhinsky underground mine, announced on 8 February 2013, continue
OAKVILLE, ONTARIO — (Marketwire) — 03/12/13 — Canada Carbon Inc. (formerly Bolero Resources Corp.) (the "Company" or "Canada Carbon") (TSX VENTURE: CCB)(FRANKFURT: U7N1) is pleased to announce that it has entered into an Exclusive Distribution Agreement ("Agreement") between Canada Carbon Inc., and CGT Carbon GmbH ("CGT Carbon" or "CGT"), a German company. This gives Canada Carbon the exclusive right to market, distribute and sell any and al
New Resource Estimate to be included in NI 43-101 Preliminary Economic Assessment Technical Report