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Mining & Metals

Banro Provides Production Update for its Twangiza Gold Mine 0

– 8,559 ounces of gold produced in the month of November

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Continental Gold Announces Closing of $86.3 Million Bought Deal Financing and Over-Allotment Option Exercise 0

TORONTO, ONTARIO — (Marketwire) — 12/04/12 — Continental Gold Limited (TSX: CNL)(OTCQX: CGOOF) ("Continental" or the "Company") is pleased to announce that it has closed its previously announced bought deal offering (the "Offering") of 9,039,000 common shares (the "Common Shares") at a price of $9.55 per Common Share for aggregate gross proceeds of $86,322,450, including 1,179,000 Common Shares issued pursuant to the full exercise by the underwriters

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Rex-Cut Abrasive Wheels Are Well Suited for Robotic Deburring 0

FALL RIVER, MA — (Marketwire) — 12/04/12 — has introduced a full line of that are an effective alternative to unitized wheels for automated stainless steel deburring applications.are made from cotton fiber, impregnated with abrasives and a proprietary bond, to create a dense yet flexible wheel that constantly reveals fresh abrasives as it works. Ideal for the robotic of precision stainless steel parts, they last up to five times longer than unitized wheels, claims the firm.Comparable to c

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Nevada Exploration Appoints Dr. John E. Larson to Board of Directors 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/04/12 — Nevada Exploration Inc. ("NGE") (TSX VENTURE: NGE) is very pleased to announce the appointment of Dr. John E. Larson to its Board of Directors. Dr. Larson brings 35 years of international experience in exploration, development, and mining, and has worked with both major international companies and junior explorers, as well as with government geological surveys, including 16 years with BHP and BHP Billiton in various internati

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Baja Mining Reports on Boleo Project Financing and Technical Report Status 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/04/12 — Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQX: BAJFF) is pleased to announce that it has been informed by Minera y Metalurgica del Boleo, S.A.P.I. de C.V. ("MMB"), which is now controlled by members of the Korean Consortium, that a portion of MMB-s 2010 project financing facilities (the "2010 Project Financing") provided by the Export-Import Bank of the United States ("US EXIM") to MMB has been ren

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Alhambra Resources Ltd. Announces Zhanatobe Diamond Drilling Discovers Additional Gold Mineralization at Depth 0

CALGARY, ALBERTA — (Marketwire) — 12/04/12 — Alhambra Resources Ltd. (TSX VENTURE: ALH)(PINKSHEETS: AHBRF)(FRANKFURT: A4Y) ("Alhambra" or the "Corporation"), an international gold producer and explorer, announces that the first diamond drilling program completed in 2012 at its 100% owned Zhanatobe project area ("Zhanatobe") has intersected significant gold mineralization at depth in both the Northern and Central areas. Zhanatobe is one of Alhambra-s 2012 early

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Fernhill Corporation (FERN) Acquires Silver Bell Mine Property 0

LAS VEGAS, NV — (Marketwire) — 12/04/12 — Fernhill Corporation (PINKSHEETS: FERN) is pleased to announce that it has entered into an agreement to acquire a 100% interest in one mineral claim containing 12 cell claims units comprising a total of 252.57 hectares of the "Silver Bell Mine Property," located on the south shore of Horne Lake, approximately 15 kilometers northeast of Port Alberni, British Columbia.The Silver Bell Mine Property is underlain by Paleozoic rocks of the Sicker

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Glass Earth Gold Intersects 227.5m of 0.53 g/t Gold and 1 g/t Silver Above New Epithermal Gold Zone-East Graben at WKP 0

WELLINGTON, NEW ZEALAND — (Marketwire) — 12/04/12 — Glass Earth Gold Limited ("Glass Earth Gold" or "the Company") (TSX VENTURE: GEL)(NZAX: GEL) is pleased to announce that its 5,500 metre diamond drill program at the WKP gold-silver prospect, Hauraki, New Zealand (Glass Earth Gold 35%; Newmont Mining 65%) continues to demonstrate that it is a large permissive gold system with potential to host significant epithermal gold deposit(s).WKP 35 Upper Section – Broad low grade

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Goldeye Announces Drill Program Starts at Gold Rock 0

TORONTO, ONTARIO — (Marketwire) — 12/04/12 — Goldeye Explorations Limited (TSX VENTURE: GGY) ("Goldeye" or the "Company") is pleased to announce that an 8 hole diamond drill program has started on its Gold Rock property on Upper Manitou Lake 30 km south of Dryden, NW Ontario, adjoining spectacular gold discoveries by Manitou Gold on its Big Master property and Treasury Metals on its Goldcliff property.The planned holes will test high priority Spectral IP anomalies associ

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SilverCrest Updates Santa Elena Resource Infill and Expansion Drilling 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/04/12 — SilverCrest Mines Inc. (TSX VENTURE: SVL)(NYSE Amex: SVLC)(NYSE MKT: SVLC)(FRANKFURT: CW5) (the "Company") is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico. Seventy nine holes of a planned 100 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources (see attached Figures – ). To date, this drill program

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