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Mining & Metals

THEMAC Resources Announces Resignation of Andre Douchane 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/13 — THEMAC Resources Group Limited (TSX VENTURE: MAC) ("THEMAC" or the "Company") today announced that Andre Douchane will be stepping down as Chief Executive Officer, effective March 1, 2013, to pursue other business interests. The Company expects to be in a position to announce his successor in the next seven to ten days.Mr. Douchane joined the Company in August of 2011, and successfully guided the completion of the p

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Khan Announces Approval of Stock Option Grant 0

TORONTO, ONTARIO — (Marketwire) — 02/15/13 — Khan Resources Inc. ("Khan" or the "Company") (CNSX: KRI) is pleased to announce that a total of 1,675,000 stock options to purchase common shares of Khan were granted to employees, officers and directors yesterday at an exercise price of $0.20 per share and expiring on February 14, 2016. The grant is subject to regulatory approval.Under Khan-s stock option plan (the "Stock Option Plan"), 9.58% of the issued and outs

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Forbes Coal Cancels Acquisition Agreement With Riversdale Mining 0

TORONTO, ONTARIO — (Marketwire) — 02/15/13 — Forbes & Manhattan Coal Corp. ("Forbes Coal") (TSX: FMC)(JSE: FMC) advises that it has notified Riversdale Mining Limited ("RML") of the cancellation of the agreement between Forbes Coal and RML ("the agreement") for the acquisition by Forbes Coal of 100% of the shares and shareholder claims of Riversdale Holdings (Proprietary) Limited, which is the 74% shareholder of Zululand Anthracite Colliery ("ZAC"

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Castillian to Implement Share Consolidation 0

TORONTO, ONTARIO — (Marketwire) — 02/15/13 — Castillian Resources Corp. (TSX VENTURE: CT)(OTCQX: CTIIF) ("Castillian" or the "Company") will consolidate its common shares on the basis of one new common share for every five common shares outstanding effective as of February 19, 2013.Castillian currently has 337,611,797 common shares outstanding and, following the share consolidation on a five for one basis, will have approximately 67,522,359 common shares outstanding. The

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Forum Increases Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/13 — Forum Uranium Corp. (TSX VENTURE: FDC) ("Forum" or the "Company") is pleased to announce that it has increased its private placement previously announced on January 14, 2013 and January 23, 2013 from $2,000,000 to $2,500,000.Proceeds from this financing will be used for drilling in the Maurice Bay deposit area on the NW Athabasca project, exploration on the newly acquired Clearwater claims adjacent to the Fission/Al

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Dundee Precious Metals Announces 2012 Fourth Quarter and Annual Results and 2013 Guidance 0

– Fourth quarter performance in line with expectations, contributing to record 2012 adjusted earnings – Increased annual production achieved with strong operating performance from Chelopech – Capital projects progressing well – expansion at Chelopech successfully completed in December 2012; NCS- new gas handling systems on track to be commissioned in February 2013; and installation of lead circuit at Deno Gold completed in January 2013 with commissioning underway – Delivered lower mining cash co

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Dundee Precious Metals Completes $150 Million Revolving Credit Facility 0

TORONTO, ONTARIO — (Marketwire) — 02/15/13 — (All monetary figures are expressed in U.S. Dollars unless otherwise stated)Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT.A) ("DPM" or "the Company") has entered into a long-term committed revolving credit facility of $150 million (the "Revolving Facility") with BNP Paribas, Canadian Imperial Bank of Commerce, European Bank for Reconstruction and Development ("EBRD"), Raiffeisen Bank International AG (&

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Glass Earth Gold Closes Third and Final Tranche of Private Placement 0

WELLINGTON, NEW ZEALAND — (Marketwire) — 02/15/13 — Glass Earth Gold Limited ( TSX VENTURE: GEL)(NZAX: GEL) ("Glass Earth") advises that it has closed the third and final tranche of its previously announced non-brokered Private Placement. A further 1,884,500 Units have been sold at a price of $0.16 per Unit for gross proceeds of C$301,520.Each Unit consists of one common share and one common share purchase Warrant. Each whole Warrant entitles the holder to purchase one common shar

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Pitchblack Appoints Daniel Nocente as Chairman 0

Former Vice-Chairman of National Bank Financial

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Antofagasta Gold Confirms New Regional Scale Low Sulphidation Epithermal Gold Discovery, Capricornio Project, El Peñon Gold District, Chile 0

TORONTO, ONTARIO — (Marketwire) — 02/14/13 — Antofagasta Gold Inc. ("Antofagasta" or the "Company") (TSX VENTURE: AN) has received drill results from its initial drill program at the Company-s wholly-owned Capricornio Property ("Capricornio"), located approximately 80 kilometres northwest from the El Penon Gold Mine (Yamana Gold) and 20km west from Xstrata-s producing Lomas Bayas Mine.The Capricornio project is under option from Sociedad Quimica y Mineral de Ch

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