back to homepage

Mining & Metals

Advanced Explorations Inc. Provides Update on Roche Bay and Tuktu Iron Projects 0

TORONTO, ONTARIO — (Marketwire) — 06/28/12 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that field work is underway on its iron ore properties located on the Melville Peninsula in Nunavut, Canada.Moving forward with the development of its flagship Roche Bay Iron Project, AEI continued a geotechnical program that includes confirming water depths for Capesize ships in its natural deep water harbour at Roche Bay. I

Read More

Kinross Completes Sale of Crixas Mine Interest for $220 Million 0

TORONTO, ONTARIO — (Marketwire) — 06/28/12 — Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that, further to the Company-s news release dated May 29, 2012, it has completed the sale of its 50% interest in the Crixas (Serra Grande) gold mine in Brazil to an affiliate of AngloGold Ashanti for gross cash proceeds of US$220 million.About Kinross Gold CorporationKinross is a Canadian-based gold mining company with mines and projects in Brazil, Canada, Chile, Ecuador, Ghana, Maurita

Read More

Golden Goliath Resources Ltd.: Agnico-Eagle Starts Drilling at Las Bolas/Los Hilos 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/28/12 — Golden Goliath Resources (TSX VENTURE: GNG)(PINKSHEETS: GGTH-F) is pleased to provide an update of developments on their extensive exploration portfolio in the Uruachic Mining District in the Sierra Madre Gold-Silver Belt of northwest Mexico. The Uruachic Mining District hosts the recently discovered Orisyvo deposit, a 9.6 million ounce gold deposit currently being explored and developed by Fresnillo PLC, one of the world-s largest min

Read More

Ressources Appalaches Signs Term Sheet for US $8.5 Million Loan to Advance its Dufferin Mine Project to Production 0

RIMOUSKI, QUEBEC — (Marketwire) — 06/28/12 — Ressources Appalaches (TSX VENTURE: APP) is pleased to announce that it has signed an indicative term sheet for a US $8.5 million multi-tranche secured loan with Renvest Mercantile Bancorp Inc.(the "Loan") through its Global Resource Fund ("Global"). The Loan would bear interest at a rate of 12% per annum, paid monthly and shall be fully due and payable 24 months following the closing date.Proceeds from the Loan will be used t

Read More

Prospero Shareholders Approve AGM Resolutions 0

RICHMOND, BRITISH COLUMBIA — (Marketwire) — 06/28/12 — Prospero Silver Corp. (TSX VENTURE: PSL) (the "Company") is pleased to announce that shareholders of the Company approved all resolutions brought before them at the Company-s Annual General Meeting (the "AGM") held in Richmond, British Columbia on June 27, 2012.Election of DirectorsThe following board members stood for election and were duly re-elected: Tawn Albinson, William Murray, Murray Oliver, John Watson and Gr

Read More

Williams Creek Gold Limited Releases Q1 Financial Statements and Management-s Discussion and Analysis 0

MONTREAL, QUEBEC — (Marketwire) — 06/28/12 — Williams Creek Gold Limited ("Williams Creek," or the "Company") (TSX VENTURE: WCX) is pleased to announce the release of its unaudited Financial Statements as well as its Management-s Discussion and Analysis for the first quarter ended April 30, 2012. These financial statements have been prepared in accordance with the International Financial Reporting Standards (IFRS).For the first quarter, the Company is reporting a net los

Read More

Maudore Issues Proxy Circular; Urges Shareholders to Vote in Favour of the Management Slate of Board Nominees 0

MONTREAL, QUEBEC — (Marketwire) — 06/27/12 — Maudore Minerals Ltd. (TSX VENTURE: MAO)(OTCBB: MAOMF)(FRANKFURT: M6L) issued a proxy circular today ahead of its annual and special meeting of shareholders on July 19, 2012.In an accompanying letter to shareholders, Ronald Shorr, Maudore-s chief executive, urges shareholders to vote their BLUE proxy in support of management-s slate of board nominees on the grounds that they are best qualified to build on Maudore-s successful gold discoveries, en

Read More

China Gold International Acquires Shares in China Nonferrous Mining Corporation Limited 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/27/12 — China Gold International Resources Corp. Ltd. (TSX: CGG)(HKSE: 2099) (the "Company") announced today that it has confirmed to subscribe for a total of 70,545,000 shares of China Nonferrous Mining Corporation Limited ("CNMC") (HKSE: 1258) for an aggregate price of HK$155,199,000 in CNMC-s initial global offering and listing on The Stock Exchange of Hong Kong Limited (the "HKEx"). CNMC is a copper producer b

Read More

Sinchao Metals Announces Shareholder Approval of Proposed Business Combination With Southern Legacy Minerals 0

TORONTO, ONTARIO — (Marketwire) — 06/27/12 — Sinchao Metals Corp. ("Sinchao" or the "Company") (TSX VENTURE: SMZ) announces that, at a special meeting held today, shareholders of Sinchao unanimously approved the previously announced business combination (the "Transaction") with Southern Legacy Minerals Inc. ("Southern Legacy"). Shareholders of Sinchao also approved the proposed share consolidation of Sinchao-s common shares on a six to one basis (the

Read More

Valterra Announces Proposed Share Consolidation and Provides Corporate and Exploration Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/27/12 — Valterra Resource Corporation (TSX VENTURE: VQA)(FRANKFURT: 3VA) ("Valterra" or the "Company") reports the results of its 2012 Annual General Meeting held today. All ordinary resolutions placed before the meeting were passed. Shareholders re-elected Lawrence Page, Q.C., Edward Odishaw, Barry Schindel, Derek Page, Brian McGrath and Jean-Pierre Colin as directors of the Company for the ensuing year. Smythe Ratcliffe L

Read More