back to homepage

Mining & Metals

Asian Mineral Resources Limited Completes Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 06/01/12 — Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) announced on May 25, 2012, the closing of the private placement to Pala Investments Holdings Limited ("Pala") previously announced on March 1, 2012 and April 4, 2012.Under the private placement, AMR issued to Pala 108,333,333 units at Cdn $0.06 per unit for aggregate proceeds of Cdn $6,500,000. Each unit consists of one AMR common share a

Read More

Nautilus Dispute With the State of PNG 0

TORONTO, ONTARIO — (Marketwire) — 06/01/12 — Nautilus Minerals (TSX: NUS)(OTCQX: NUSMF)(AIM: NUS) advises that it is in dispute with the Independent State of Papua New Guinea (the State) as to the parties- obligations to complete the Agreement entered into on 29 March 2011. Nautilus has initiated the dispute resolution process provided for in the Agreement, which may lead to a referral of the dispute to arbitration if it can not be resolved through further discussions amongst senior represe

Read More

Xtierra Drilling Resumes at Bilbao 0

TORONTO, ONTARIO — (Marketwire) — 06/01/12 — Xtierra Inc. (TSX VENTURE: XAG) ("Xtierra" or the "Company"), is pleased to announce receipt of regulatory approval for a 2,000 metre 8-hole programme of infill drilling on the main Bilbao deposit with a view to improving confidence in the resource blocks that would be mined within the first three to four years of underground production. Down-the-Hole Electromagnetic (-DHEM-) testing of the sulphide intersections of the infill

Read More

Aberdeen Closes Previously Announced Sale of Royalty to Premier Royalty Corporation for $20.9 Million 0

TORONTO, ONTARIO — (Marketwire) — 06/01/12 — ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX: AAB) is pleased to announce it has closed its previously announced sale of its 1% net smelter return royalty on gold produced from certain mineral concessions comprising Village Main Reef Limited-s Buffelsfontein Mine and First Uranium Corporation-s Mine Waste Solutions tailings recovery project located in South Africa (the "Royalty") to Premier Royalty

Read More

Independence Gold Commences 2012 Exploration in the White Gold District, Yukon 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/01/12 — Independence Gold Corp. (TSX VENTURE: IGO) ("Independence Gold" or "the Company") is pleased to announce the commencement of 2012 exploration activities on its Boulevard and Henderson project areas in the White Gold District, Yukon.The 2012 exploration program, initially budgeted at $3,700,000, will consist of geochemical soil sampling, geological mapping and diamond drilling. Exploration will commence at both areas

Read More

Talison Lithium Limited: Notice to Holders of Exchangeable Shares Issued on the Acquisition of Salares Lithium Inc. 0

PERTH, WESTERN AUSTRALIA — (Marketwire) — 06/01/12 — Talison Lithium Limited (TSX: TLH) ("Talison") announces that all of the exchangeable shares that were issued to Canadian resident shareholders of Salares Lithium Inc. ("Salares") in September 2010 on the acquisition of Salares by Talison, and that remained outstanding as of May 31, 2012, have now been exchanged for ordinary shares of Talison.By way of background, the exchangeable shares were issued by Talison Lithium

Read More

GeoMegA Closes Private Placement Including Cree Mineral Exploration Board 0

MONTREAL, QUEBEC — (Marketwire) — 06/01/12 — Further to its news release of May 14, 2012, Geomega Resources Inc. ("GeoMegA") (TSX VENTURE: GMA) announces the closing of its non-brokered private placement with the Cree Mineral Exploration Board and an institutional fund consisting of 375,000 units (the "Units") at a subscription price of $0.55 per Unit for gross proceeds of $206,250.Each Unit consists of one common share (a "Common Share") and one-half of a shar

Read More

Alamos Gold Announces Results of the Annual General and Special Meeting of Shareholders 0

TORONTO, ONTARIO — (Marketwire) — 06/01/12 — Alamos Gold Inc. (TSX: AGI) ("Alamos" or the "Company") is providing a summary of the voting results of today-s Annual General and Special Meeting of Shareholders ("AGM").Results of the AGMThe Company is reporting the voting results of its AGM held on Thursday, May 31, 2012 in Toronto, Ontario, Canada. The summary of the results are as follows:About AlamosAlamos is an established Canadian-based gold producer that own

Read More

Fortress Corporate Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/31/12 — Fortress Minerals Corp. (TSX VENTURE: FST) ("Fortress" or the "Company") reports that it has granted an aggregate of 171,000 incentive stock options to certain officers, directors, and other eligible persons of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $4.01 per share.On behalf of the Board of Directors,Lukas Lundin, PresidentNeither the TSX V

Read More

TVI Pacific Inc. Signs a Memorandum of Agreement to Develop Three Oil Fields in SC 54A 0

CALGARY, ALBERTA — (Marketwire) — 05/31/12 — TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF) (TVI or the Company) is pleased to announce that its wholly-owned subsidiary TG World (BVI) Corporation (TG World) along with SC 54A Joint Venture partners Nido Petroleum Philippines Pty Ltd., Trafigura Ventures III B.V. and Yilgarn Petroleum Philippines Pty Ltd. (the Participants), signed a memorandum of agreement (MoA) with Viking Energy Holdings 2 Ltd ("Viking") to develop three oil fields i

Read More