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Mining & Metals

SouthGobi Resources Announces Extension to Expected Closing Date of Sale of Tsagaan Tolgoi Deposit 0

HONG KONG, CHINA — (Marketwire) — 04/24/12 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi" or "the Company") announced today that the expected closing date of the sale of the Tsagaan Tolgoi Deposit to Modun Resources Limited (ASX: MOU) ("Modun") is extended to be on or before December 31, 2012. On April 16, 2012 SouthGobi announced the Mineral Resource Authority of Mongolia requested suspension of certain of the Company-s mining and exploration l

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Blind Creek Announces Resignation 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/23/12 — Blind Creek Resources Ltd. (TSX VENTURE: BCK) (the "Company") announces that it has recently received and accepted the resignations from each of Craig D. Thomas, as a director of the Company.The Board of Directors of the Company would like to thank Mr. Thomas for his contribution to the Company and wishes him well in his future endeavours.On behalf of the Board of DirectorsFrank Callaghan, President and Chief Executive Office

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PAW Announces Extension to Final Closing Date 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/23/12 — Pacific Wildcat Resources Corp. (TSX VENTURE: PAW) ("PAW" or the "Company") announces the execution of an amendment agreement to extend the closing date for the completion of its acquisition of a 70% indirect ownership in private Kenyan company, Cortec Mining Kenya. The Company and Finebrook Investments Pty Ltd, as trustee for the O-Sullivan Superannuation Fund, Stirling Capital Limited, Dunross Capital Ltd and Cort

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DPM Exercises Warrants of Dunav Resources Ltd. 0

TORONTO, ONTARIO — (Marketwire) — 04/23/12 — In accordance with regulatory requirements, Dundee Precious Metals Inc. ("DPM" or the "Company") (TSX: DPM)(TSX: DPM.WT)(TSX: DPM.WT.A) announces the exercise of 9,197,500 Dunav Resources Ltd. ("Dunav") share purchase warrants (the "Warrants") at $0.42 each.As a result of the Warrant exercise, DPM now holds 56,455,422 common shares, representing a 47.3% interest in Dunav, on an undiluted basis, and 27,592,5

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Teck Announces Dividend 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/23/12 — Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it will pay an eligible dividend of $0.40 per share on its outstanding Class A common shares and Class B subordinate voting shares on July 3, 2012, to shareholders of record at the close of business on June 15, 2012.About TeckTeck is a diversified resource company committed to responsible mining and mineral development with major business units focused on cop

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Crystallex Announces Court Approval of DIP Financing 0

TORONTO, ONTARIO — (Marketwire) — 04/23/12 — Crystallex International Corporation (OTCQB: CRYFQ) ("Crystallex" or the "Company") announced today that the Ontario Superior Court of Justice (Commercial List) issued an order (the "CCAA Order") approving the Company-s debtor-in-possession (DIP) financing of US$36,000,000 provided by an entity managed by Tenor Capital Management Company LLC (together with any successors, assigns or transferees as permitted, the &quo

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Allied Nevada Provides Update on Mining Equipment Deliveries 0

RENO, NEVADA — (Marketwire) — 04/23/12 — Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX: ANV)(NYSE Amex: ANV) has recently learned that the final Hitachi EX5500 shovel shipped from Japan on April 22, 2012. The shipping is about a month behind schedule due to logistical issues at the port stemming from damage sustained during the March 2011 tsunami. The 2012 mine plan assumed the shovel would be in operation in the beginning of June, 2012. Based on logis

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Prosperity Goldfields Corp. and Smash Minerals Announce Completion of Amalgamation 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/23/12 — Prosperity Goldfields Corp. ("Prosperity") (TSX VENTURE: PPG) and Smash Minerals Corp. ("Smash") (TSX VENTURE: SSH) provide an update on their amalgamation and the core drilling program at Prosperity-s Kiyuk Lake gold property, Nunavut.Business CombinationHaving received shareholder approval, Prosperity and Smash will amalgamate, under the British Columbia Business Corporation Act, into a new company to be named Pro

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Southern Silver Closes First Tranche of Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/23/12 — Southern Silver Exploration Corp. ("Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) announces that it has closed the first tranche of its previously reported (NR-08-12; April 3, 2012) non-brokered private placement by issuing 6,627,000 units at a price of $0.10 per unit for gross proceeds of $662,700. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share

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Foran Announces David M. Petroff to Join Board of Directors 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/23/12 — Foran Mining Corporation (TSX VENTURE: FOM) ("Foran" or the "Company") is pleased to announce the appointment of David M. Petroff to the Company-s Board of Directors, effective April 20, 2012.Mr. Petroff has over 30 years- experience in the mining and investment industry, including the role of President, CEO, and Director of zinc producer Breakwater Resources Ltd. from early 2009 until its acquisition by Nyrstar NV

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