CHICAGO, IL — (Marketwire) — 05/30/12 — Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3) is pleased to announce that its subsidiary, Adit Resources Corp., ("Adit") has entered into an agreement for the sale of American Copper Mining S.A. de C.V., the holder of Adit-s Picacho group of concessions, to Yamana Mexico Holdings B.V., a subsidiary of Yamana Gold Inc.Yamana has paid Adit $7.5 million upon closing, and, upon exercising the option to complete the acquisition, will pay (i) $9.
SAGUENAY, QUEBEC — (Marketwire) — 05/30/12 — Ressources d-Arianne Inc. (the "Company" or "Arianne") (TSX VENTURE: DAN)(FRANKFURT: JE9N)(OTCBB: DRRSF) is pleased to announce the initial findings of an Enhanced Pre-Feasibility Study (EPFS) confirming that a 3 million t/yr phosphate concentrate mine production scenario will generate an NPV8% of US$1Billion, a 23.7% IRR and a 3.8 year capital payback on a pre-tax basis. The EPFS is being completed by Met-Chem Canada of Montr
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/29/12 — New Guinea Gold Corporation. (TSX VENTURE: NGG)(FRANKFURT: NG8) ("NGG" or the "Company") is providing this bi-weekly Default Status Report in accordance with National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On April 24, 2012, the Company announced (the "Default Notice") that, for the reasons disclosed in the Default Notice, there would be a delay in th
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/29/12 — Carlin Gold Corporation (TSX VENTURE: CGD) ("Carlin" or the "Company") is pleased to announce that it has entered into an agreement with Electrum Gold Exploration LLC ("Electrum") providing for the sale to Electrum on a private placement basis of 21,404,647 units at a price of $0.125 per unit for aggregate gross proceeds of $2.68 million. Each unit consists of one common share of Carlin and one common shar
TORONTO, ONTARIO — (Marketwire) — 05/29/12 — First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) ("First Bauxite" or the "Company") is pleased to announce that it has further strengthened its Board of Directors with the appointment of Mr. John W. Hick as a Director and Chairman.Mr. Ioannis (Yannis) Tsitos has stepped down from the position of Interim Chairman to enable Mr. Hick to assume the Chairman role, but will continue serving as a Director. Mr
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/29/12 — High Desert Gold Corporation (TSX VENTURE: HDG)(OTCQX: HDGCF) ("HDG" or the "Company") reports that it has released its unaudited condensed interim consolidated financial statements for the three months ended March 31, 2012 and the related management-s discussion and analysis of financial position and results of operations ("MD&A").As at March, 2012, the Company had working capital of US$3.6 million, i
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/29/12 — Lumina Copper Corp. (TSX VENTURE: LCC) (the "Company" or "Lumina") hereby announces that it has received a loan of up to Cdn.$10 million from Lumina Capital Limited Partnership ("LCLP"). The loan accrues interest at a rate of 10% per annum and will be used for working capital and general corporate purposes.The loan is repayable on the earlier of: (i) six months from the date of initial advance; (ii) the da
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/29/12 — Galore Resources Inc. (TSX VENTURE: GRI) has closed its non-brokered private placement offering of CDN $750,000 announced on Wednesday May 2, 2012. The total number of securities issued in the financing consists of 7,500,000 Units priced at $0.10 per unit.Each unit (a "Unit") consists of one common share and one share purchase warrant ("Warrant"). Each Warrant is exercisable into one additional common share at a pri
Market for Diamonds Stable Compared With Global Equities
SASKATOON, SASKATCHEWAN — (Marketwire) — 05/29/12 — ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)Cameco (TSX: CCO) (NYSE: CCJ) announced today that Grant Isaac, senior vice-president and chief financial officer, will be speaking at the Dahlman Rose & Co. Uranium Executive Forum.The presentation is scheduled for Tuesday, June 5, 2012 at 11:40 a.m. Eastern and will be available by webcast on cameco.com. See the link on the home page on the day of the event. A copy of the presentation and
