back to homepage

Mining & Metals

Canstar Resources Announces Positive Results on the Mary March Base Metals Project 0

TORONTO, ONTARIO — (Marketwire) — 02/25/13 — The directors of Canstar Resources Inc. (Canstar) (TSX VENTURE: ROX), are pleased to report that Phase One diamond drilling has recently been completed on the Mary March project located in the Buchans Group volcanic belt, approximately 20 kilometers northeast of the prolific, formerly producing Buchans Mine, in Central Newfoundland. This property is held via a 50/50% joint venture between Canstar Resources Inc. and Xstrata Zinc Canada where Canst

Read More

NEVADO Hits 11.24% Cgr Over 9.95 m at Fermont and Provides Update on La Blache 0

MONTREAL, QUEBEC — (Marketwire) — 02/25/13 — NEVADO RESOURCES CORPORATION (TSX VENTURE: VDO)(FRANKFURT: NSV) ("NEVADO" or the "Company") is pleased to report the results of its first drilling program on the Fermont graphite property, where Hole NV12-01 intersected seven graphite intersections, including 9.97% Cgr over 15.7 m, 8.65% Cgr over 16.3 m, as well as 11.24% Cgr over 9.95 m in Hole NV12-04.The best results for the four-hole, 1,065-m program were as follows:Michae

Read More

Mercator Minerals to Hold Fourth Quarter 2012 Financial Results Conference Call/Webcast on March 21, 2013 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Mercator Minerals Ltd (TSX: ML) ("Mercator" or the "Company") expects to release its financial results for the period ended December 31, 2012 after market hours on March 20, 2013 and will hold a conference call and a live audio webcast on March 21, 2013 at 8:30 a.m. Pacific time to discuss these results.Details to access the conference call and the live audio webcast are as follows:(Please call approximately 5 minut

Read More

Kincora Joins the Mongolian National Mining Association 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Kincora Copper Limited (the "Company", "Kincora") (TSX VENTURE: KCC) is pleased to announce that it has become a member of the Mongolian National Mining Association ("MNMA").MNMA, with support from the Business Council of Mongolia ("BCM"), is leading the mining industry-s consultation with the Office of the President in regards to the proposed draft Minerals Law, amongst other matters. Kincora ha

Read More

Allied Nevada Achieves Record Net Income of $47.7 Million or $0.53 Per Share in 2012 0

RENO, NEVADA — (Marketwire) — 02/25/13 — Allied Nevada Gold Corp. ("Allied Nevada", "we", "us", "our" or the "Company") (TSX: ANV)(NYSE Amex: ANV)(NYSE MKT: ANV) is pleased to report operating and financial results for the year ended December 31, 2012. The Company produced 136,930 ounces of gold and sold 114,705 ounces of gold at adjusted cash costs(1) of $638 per ounce for the year resulting in record revenues of $214.6 million. Net income

Read More

Torex Executes Engagement Letter for US$250 Million Project Finance Facility 0

TORONTO, ONTARIO — (Marketwire) — 02/25/13 — Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG)(TSX: TXG.W.A) announced today that it has signed an engagement letter ("Engagement Letter") with a club of five financial institutions (the "Banks") in connection with a planned project finance facility for the development of the Company-s 100% owned Morelos Gold Project. The Banks consist of BMO Capital Markets, BNP Paribas, Commonwealth Bank

Read More

Rio Alto to Produce 190,000-210,000 Ounces of Gold in 2013 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX: RIO)(LMA: RIO)(NYSE: RIOM)(DBFrankfurt: MS2) anticipates 2013 gold production to be in the range of 190,000 to 21,000 ounces, which is identical to the previously revised production target for 2012. In 2012, Rio Alto produced 201,113 ounces. Gold production is expected to vary from quarter to quarter with the mid-points of production in Q1 expected to be ap

Read More

Luna Gold Announces Appointment of a New Director 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Luna Gold Corp. (TSX: LGC)(LMA: LGC)(OTCQX: LGCUF) ("Luna Gold" or the "Company") is pleased to announce the appointment of Geoff Chater as a Director of the Company.Mr. Chater is the principal of Namron Advisors, a capital markets consultancy that provides strategic financial and business development counsel. He currently serves as a Director for Bearing Resources Ltd., Kiska Metals Ltd., Lara Exploration Ltd., and

Read More

Nickel North to Attend PDAC 2013; AGM Announced; Board Nominates Anna Mao; Cathy Wang Appointed CFO 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/22/13 — Nickel North Exploration Corp. (TSX VENTURE: NNX) (the "Company" or "Nickel North") announces its Annual General Meeting of the Shareholders, nomination of Anna Mao as Director, appointment of Cathy Wang as Chief Financial Officer, resignation of Min Kuang and Michael Cathro as officers, as well as the Company-s attendance at the Prospectors and Developers Association of Canada-s PDAC 2013 in Toronto.Annual General

Read More

Aurion Resources Ltd.: Amendments to Warrants 0

ST. JOHN-S, NEWFOUNDLAND — (Marketwire) — 02/22/13 — Aurion Resources Ltd. ("Aurion") (TSX VENTURE: AU) announces, subject to final regulatory approval, that 4,444,450 warrants issued on March 3, 2011, in conjunction with a $2.0 million private placement announced on February 8, 2011, have been amended. The expiry date of the warrants has been extended from March 3, 2013 to March 3, 2015 and the exercise price has been reduced from $0.85 per share to $0.65 per share, being the mar

Read More