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Mining & Metals

MBMI Closes Convertible Debenture Financing With Gwynneth Gold Limited and Kam Yuen Capital Ltd. Participating in Investment 0

RICHMOND HILL, ONTARIO — (Marketwire) — 05/01/12 — MBMI RESOURCES INC. (the "Company") (TSX VENTURE: MBR) announces that it has closed a previously announced private placement of convertible debentures ("Debentures") raising an aggregate principal amount of $600,000.Following the completion of the Company-s previously announced consolidation of the common shares of the Company (the "Shares") on a 10 to 1 basis (the "Share Consolidation"), the principa

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Oro Mining Provides AGM Update and Submits Environmental Permit for La Trinidad Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/01/12 — Oro Mining Ltd. ("Oro" or the "Company") (TSX VENTURE: OGR) announces that at the Annual General Meeting of Shareholders held today, May 1, 2012, Messrs. Robert Kendrick, Ron Ewing, Stuart Rogers and John Brownlie were elected to serve as directors of the Company. In addition, all other motions put forth at the Meeting were approved, including the re-appointment of DeVisser Gray LLP as auditors of the Company and th

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Orsa Discovers Significant Alteration Zone With Gold Values at Coal Canyon Property, Leases Sections From New Nevada Resources 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/01/12 — Orsa Ventures Corp. ("Orsa" or the "Company") (TSX VENTURE: ORN) announced today that the Company has received encouraging results from a recent road building, trenching and sampling program at its Coal Canyon Property ("Coal Canyon") in Pershing County, Nevada.Approximately 3,000 feet of new road were constructed at Coal Canyon to provide access to some of the mineralized zones and to expose altered bedro

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Yamana Gold Declares Quarterly Dividend 0

TORONTO, ONTARIO — (Marketwire) — 05/01/12 — All dollar amounts are expressed in United States dollars unless otherwise specifiedYAMANA GOLD INC. (TSX: YRI)(NYSE: AUY)(LSE: YAU) today announced its second quarter 2012 dividend of $0.055 per share. Shareholders of record at the close of business on Friday, June 29, 2012 will be entitled to receive payment of this dividend on Friday, July 13, 2012. The dividend is an "eligible dividend" for Canadian tax purposes.Yamana is committed t

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Russel Metals Announces the Acquisition of Siemens Laserworks 0

TORONTO, ONTARIO — (Marketwire) — 05/01/12 — Russel Metals Inc. (TSX: RUS) announced today that they have completed the acquisition of Siemens Laserworks Inc., a value-added laser processing company with trailing twelve months revenues of $33 million. The acquisition includes both the Saskatoon, Saskatchewan and Edmonton, Alberta operating assets and the Saskatoon land and buildings. The total purchase price was $27.5 million.Siemens Laserworks was founded in 1996 and provides high quality

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Stay Gold Inc Announces Filing of Preliminary Prospectus 0

HALIFAX, NOVA SCOTIA — (Marketwire) — 05/01/12 — Stay Gold Inc. ("Stay Gold" or the "Corporation") is pleased to announce that it has obtained receipt for a preliminary prospectus from the securities regulatory authorities in the Provinces of Nova Scotia, Ontario, Saskatchewan, Alberta and British Columbia, with respect to an initial public offering of a minimum (the "Minimum Offering") of 6,000,000 Units (the "Units") and 1,500,000 Flow Through Units

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Unigold Strengthens Executive Team 0

TORONTO, ONTARIO — (Marketwire) — 05/01/12 — Unigold Inc. ("Unigold" or the "Company") (TSX VENTURE: UGD) is pleased to announce that Mr. Jim Robinson, CPG, BSc. has joined the Company as Vice President Exploration. Mr. Robinson is a Professional Geologist with over 30 years of experience devoted towards the exploration and development of precious metals deposits. He has held several senior management and executive positions with junior to mid-tier companies with a focus

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Adroit Resources Inc. Releases Video on Mining in Italy and Adroit-s Antimony Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/01/12 — Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V). Adroit Resources Inc. has produced an eight minute video report illustrating Adroit-s activities in the mining province of Grosseto. The video describes the properties Adroit is exploring, including a visit to the past-producing Macchia Casella mine where antimony mineralization can still be observed in the host rocks. The video also demonstrates the solid support o

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Vantex Announces Shareholder Meeting Vote Results 0

LA PRAIRIE, QUEBEC — (Marketwire) — 05/01/12 — The management of Vantex Resources Ltd. (TSX VENTURE: VAX)(FRANKFURT: UD7A)(ALPHA: VAX) announces that shareholders approved 2 of the 3 proposals that were submitted by management at the Special Annual General Meeting of Shareholders that was held on April 30, 2012.The proposals concerning the Appointment of the Directors and Auditor were approved while the proposal to change the stock option plan to enable the issuance of 10,300,000 common sha

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La Ronge Gold Corp. Final Holes Add a Total of 140 metres to the Strike Length at Preview SW Gold Deposit and Intersects 36.10 metres of 2.06 g/t Gold 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/01/12 — La Ronge Gold Corp. (TSX VENTURE: LAR) (the "Company") is pleased to announce that the final assay results from the 2012 winter-spring drilling on its Preview SW Gold Deposit ("the deposit") in northern Saskatchewan, Canada have been received, and the deposit has now been further extended along strike to the northeast for the total of 70 m.Highlights of the results are as follows:Step-out drilling confirms the Previ

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