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Mining & Metals

Corporate Update-Rex Opportunity Corp. Announces Addition to the Board of Directors 0

TORONTO, ONTARIO — (Marketwire) — 05/14/12 — Rex Opportunity Corp. (the "Company") is pleased to announce the appointment of Dr. Colin Bowdidge as a director. The addition of Dr. Bowdidge will more closely align the Company-s board level competencies with the Company-s business objectives.Dr. Colin Bowdidge has a degree in geology and mineralogy from the University of Cambridge and a Ph.D. in geology from the University of Edinburgh. He has over 35 years of practical experience in

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Global Hunter Announces $2,000,000 Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/14/12 — Global Hunter Corp. (the "Company") (TSX VENTURE: BOB) is pleased to announce that it has arranged a non-brokered private placement consisting of up to 40,000,000 units to be issued at the price of $0.05 per unit for gross proceeds of up to $2,000,000. Each unit will be comprised of one common share and one-half of one transferable share purchase warrant. One whole warrant will entitle the holder to purchase one common share

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Osisko Provides Update on Canadian Malartic 0

MONTREAL, QUEBEC — (Marketwire) — 05/14/12 — Osisko Mining Corporation (the "Company" or "Osisko") (TSX: OSK)(FRANKFURT: EWX) herein provides an update from the preliminary assessment of fire damage incurred last week at the Canadian Malartic Mill and preliminary time estimates of the recommencement of production.Civil engineering inspections have been conducted on the mill floor and roof areas affected by the fire, and safety concerns in the area of the Number 4 cyclone

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Victory Nickel Reports on Winter Programs 0

Better-Than-Expected Results Continue from Site Preparation Work

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Bear Lake Gold Announces Settlement of Lawsuit 0

LONGUEUIL, QUEBEC — (Marketwire) — 05/14/12 — Bear Lake Gold Ltd. (TSX VENTURE: BLG) is pleased to announce the settlement of a claim initiated against the Company in 2010 by Polymet Resources Inc. (Polymet Labs), an assay laboratory in Cobalt, Ontario. The lawsuit was dismissed on a without cost basis. Bear Lake has always recognized that Polymet was not responsible for the data inconsistencies discovered in 2009, as was later confirmed by the independent investigation. Bear Lake regrets t

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Venerable Ventures Announces Approval of Warrant Extension 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/14/12 — Venerable Ventures Ltd. (TSX VENTURE: VLV) ("Venerable" or the "Company") is pleased to announce today that, further to its press release of May 2, 2012, it has received approval from the TSX Venture Exchange (the "TSX-V") to amend the expiry date of 420,000 warrants issued pursuant to the private placement that closed on May 19, 2011 from May 19, 2012 to November 19, 2012, and the 4,259,572 warrants issue

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Calvista Receives Environmental Certification 0

TORONTO, ONTARIO — (Marketwire) — 05/14/12 — Editors Note: There is a map associated with this press release.PRESS RELEASE 12-07Calvista Gold Corporation (TSX: CVZ) ("Calvista" or the "Company") is pleased to announce that Colombia-s local environmental authority for our California Valley project has certified that all of Calvista-s eleven mining titles are excluded from the Paramo Ecosystem environmental conditions.The Company-s Chief Executive Officer, Mr. Mark Haywood,

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Southridge Signs Letter of Intent to Purchase El Horconcito Gold Mine 0

DALLAS, TX — (Marketwire) — 05/14/12 — Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") is pleased to announce that the Company has signed a Letter of Intent (LOI) with San Dimas Mineria S.A. to acquire a 100% interest in the El Horconcito Gold Mine, in the state of Durango, Mexico. El Horconcito is located in the San Dimas mining municipality of Durango, close to the Sinaloa border."Southridge-s goal is to continue to establish our foo

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Dynacor Announces Record Net Quarterly Income of US $1.7 Million ($0.05 per Share) 0

MONTREAL, QUEBEC — (Marketwire) — 05/14/12 — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Company), a company with exploration projects and profitable ore processing operations in Peru, has released its first quarter 2012 unaudited condensed interim consolidated financial statements. The Company is pleased to report that for the three-month period ended March 31, 2012, it recorded a net income of $1.7 M ($0.05 per share) compared to a net loss of $1.3 M (loss of ($0.04) per share) for

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Paladin Energy Ltd: Kayelekera Industrial Action 0

PERTH, WESTERN AUSTRALIA — (Marketwire) — 05/14/12 — Paladin Energy Ltd. (TSX: PDN)(ASX: PDN) (Paladin or the Company) wishes to advise that on Friday 11 May the majority of the local work force at Kayelekera walked off the minesite in protest of the Company-s refusal to accede to an unprecedented demand to grant an immediate 66% pay increase (pegged in US dollars) following the recent 50% devaluation of the national currency, the Kwacha, by the Government of Malawi.The local employees, pro

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