back to homepage

Mining & Metals

Teck Provides Update on Coal Shipments 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that coal sales for the fourth quarter of 2012 are expected to exceed prior guidance of 6.2 million tonnes, and production for the first quarter of 2013 is not expected to be materially impacted by the damage to Berth 1 at Westshore Terminals. Teck will use alternative shipping options throughout the duration of the repairs at Westshore, includi

Read More

EastCoal Announces Shares for Debt Settlement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/20/12 — Further to a previous news release of December 3, 2012 of EastCoal Inc. (TSX VENTURE: ECX) (the "Company" or "EastCoal") announcing a CDN$2,000,000 loan (the "Salida Loan") received by the Company from Salida Capital LP ("Salida") (on behalf of a fund managed by Salida (the "Fund")), the Company is pleased to announce that Salida (on behalf of the Fund) has agreed, subject to the approv

Read More

Malaga Enters Into Loan Facility with a Peruvian Bank and Provides Update on Mining Operations 0

MONTREAL, QUEBEC — (Marketwire) — 12/20/12 — Malaga Inc. ("Malaga" or the "Corporation") (TSX: MLG)(OTCQX: MLGAF) is pleased to announce that it has entered into a $2 million loan agreement with a Peruvian bank for a term of 36 months secured by the real estate in Lima. Proceeds in the amount of $1.5M was received today.Malaga has entered into a contract to sell all the copper by-product it currently has at the Pasto Bueno mine. This transaction should be completed by th

Read More

Donner Metals Ltd.-Exploration Update: 63,000 Metres of Drilling in 2013 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/20/12 — Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSX VENTURE: DON)(FRANKFURT: D4M) ("Donner" or the "Company"), provides an exploration update for the Matagami Project as reported to the Company by partner and project operator Xstrata Canada Corporation-Xstrata Zinc Canada Division ("Xstrata Zinc"). Donner has approved a 28,000-metre exploration drill program that will be performed by partn

Read More

Concerned Shareholder of Auro Resources Corp. Files and Mails Dissidents Information Circular to Offer Change for the Better 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/20/12 — Shareholders of Auro Resources Corp. (TSX-V: ARU) (the "Company"), please take notice that:David Elliott, as the Concerned Shareholder of the Company, announced today that he has filed and mailed an information circular (the "Dissidents Information Circular") with Canadian securities regulators and has initiated a proxy solicitation process with the objective of having a new board of directors elected at the Company

Read More

B2Gold Corp. Shareholders Overwhelmingly Approve the Merger With CGA Mining Limited 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/20/12 — B2Gold Corp. (TSX: BTO)(OTCQX: BGLPF)(PINKSHEETS: BGLPF)(NSX: B2G) ("B2Gold") is pleased to announce that B2Gold shareholders have approved the Company-s merger with CGA Mining Limited ("CGA") announced on September 19, 2012. The Company held a special meeting of its shareholders earlier today and 83% of the B2Gold shareholders voted 99.94% in favour of the ordinary resolution approving the merger with CGA. The spec

Read More

Silver Mountain Announces Extension of Warrants 0

CALGARY, ALBERTA — (Marketwire) — 12/20/12 — Silver Mountain Mines Inc. (TSX VENTURE: SMM) ("Silver Mountain" or the "Company") announces that it has submitted an application to extend the expiry dates of a total of 8,675,584 common share purchase warrants issued as part of a its 2008, 2009, 2010 and 2011 private placements.A total of 1,776,100 common share purchase warrants ("2008 Warrants"), consisting of 930,000 common share purchase warrants at an exercise

Read More

Continental Precious Minerals Announces Results of Shareholder Meeting 0

TORONTO, ONTARIO — (Marketwire) — 12/20/12 — Continental Precious Minerals Inc. (TSX: CZQ) ("Continental" or the "Company") is pleased to announce that at the Company-s annual and special shareholder meeting held this morning, Sharad Mistry, Carmen Diges, Laurie Curtis and Bob Perry were elected as directors of the Company. In addition, McCarney Greenwood LLP were re-appointed as auditors of the Company and the Company-s advance notice by-law amendment was ratified by th

Read More

Centerra Gold Files Updated Kumtor Technical Report for New Life-of-Mine Plan 0

TORONTO, ONTARIO — (Marketwire) — 12/20/12 — Centerra Gold Inc. (TSX: CG) announced that it has filed on SEDAR today an updated technical report for the Kumtor Mine, which is located in the Kyrgyz Republic. The updated technical report describes in detail Kumtor-s new life-of-mine plan (LOM), which extends the open-pit mining and milling operations of the Kumtor Project to 2026. The LOM plan is based only on open-pit mineral reserves. The LOM plan, including mining tonnage, grade, recovery,

Read More

Glass Earth Addresses BCSC Review 0

WELLINGTON, NEW ZEALAND — (Marketwire) — 12/20/12 — As a result of a review by the British Columbia Securities Commission, Glass Earth Gold Limited (TSX VENTURE: GEL)(NZAX: GEL) ("Glass Earth" or "the Company") is issuing the following news release to clarify its disclosure:Glass Earth announces that to enable compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, all non-compliant disclosures of historical resource estimates, current re

Read More