MONTREAL, QUEBEC — (Marketwire) — 08/04/11 — MDN Inc. ("MDN") (TSX: MDN) is pleased to release its interim financial report for the second quarter ended June 30, 2011. The management discussion and analysis and the interim financial report can be found on the Corporation-s website () and on SEDAR ().Effective January 1, 2011, International Financial Reporting Standards ("IFRS") replaced Canadian GAAP for publicly accountable enterprises. As a result, MDN began reporting u
SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 08/04/11 — Noranda Income Fund (the "Fund") (TSX: NIF.UN)Q2 2011 and Subsequent Highlights:Noranda Income Fund (the "Fund") (TSX: NIF.UN) reported earnings attributable to unitholders of $6.0 million for the second quarter of 2011, compared to $11.4 million in the same quarter a year ago. The $5.4 million decrease was mainly due to the current income tax expense in 2011, a stronger Canadian dollar and the impact of the ch
MONTREAL, QUEBEC — (Marketwire) — 08/04/11 — Matamec Explorations Inc. ("Matamec" or the "Company")(TSX VENTURE: MAT) is pleased to announce additional results concerning its simple and low-cost proprietary leaching method for the lixiviation of the unique coarse grained Kipawa eudialyte ore. This straightforward process dramatically reduces the amount of heat, acid, water and time required in solubilising the rare earths, while achieving an excellent overall REE leach e
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — Redstar Gold Corp. (TSX VENTURE: RGC) is pleased to announce that Centerra (U.S.) Inc. (Centerra), a subsidiary of Centerra Gold Inc. (TSX: CG), is planning additional drilling at Redstar-s Oasis project in Nevada. The drilling is aimed at expanding and in-filling widespread low-grade gold mineralization intersected in the 2010 drilling program. Centerra can earn a 75% interest in the project by completing $4 million in work expenditur
– second quarter results as expected – sales and revenue guidance for the year reconfirmed – extensive portfolio of long-term sales contracts provide stability in current market – new management team reconfirms corporate growth strategy – at Cigar Lake, resumed sinking of shaft 2 and received regulatory approval of mine plan
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — Oceanic Iron Ore Corp. (the "Company") (TSX VENTURE: FEO)(OTCQX: FEOVF) is pleased to announce that it has agreed to a Letter of Intent ("LOI") with the Makivik Corporation, on behalf of the Inuit of Nunavik, and with the Nunavik Landholding Corporation of Aupaluk (together, the "Inuit Parties") whereby the parties have agreed to the terms and conditions on which the Company will continue to develop its Ho
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — Spanish Mountain Gold Ltd. (the "Company") (TSX VENTURE: SPA) is pleased to announce that the Project Description for the Spanish Mountain gold project (the "Project") has been accepted by both the British Columbia Environmental Assessment Office and the Canadian Environmental Assessment Agency. The Project Description describes the technical, economic, social, environmental, heritage and health components of the co
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — BonTerra Resources Inc. (TSX VENTURE: BTR) (FRANKFURT: 9BR) (the "Company", "BonTerra") has completed drilling forty (40) diamond drill holes on the Eastern Extension (the "Property") totaling 10,112 metres. This drill program commenced in October 2010 and has continued into July of this year. Over the past year, BonTerra has submitted a total of approximately 4,300 samples to ALS Chemex of Val d-Or, Quebe
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM)(NYSE: SVM) today announced that its Board of Directors has declared its first quarter fiscal 2012 dividend of CAD$0.02 per share, to be paid on or before October 21, 2011 to shareholders of record at the close of business on September 30, 2011. The dividends are considered eligible dividends for Canadian tax purposes.About Silvercorp Metals Inc.Silver
TORONTO, ONTARIO — (Marketwire) — 08/04/11 — Avion Gold Corporation (TSX: AVR)(OTCQX: AVGCF) ("Avion" or the -Company-) is pleased to announce the results from ten reverse circulation drill holes totaling approximately 1,589 metres completed over a 500 metre strike of the Betea Central zone-s interpreted strike length of approximately 1,000 metres.The Betea Central zone contains a historic National Instrument 43-101 compliant estimated indicated mineral resource of 1,154,000 tonne
