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Mining & Metals

Soldi Announces Share Consolidation, Name Change and Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/25/13 — Soldi Ventures Inc. (Soldi) (TSX VENTURE: SOV) reports that the Board of Directors has approved, subject to the approval of the TSX Venture Exchange, a consolidation of the Company-s common shares on the basis of up to one (1) post-consolidated share for every ten (10) pre-consolidated shares (the "Consolidation"). In addition, the Company also proposes to change its name to Vega Mining Inc.Currently, the Company had 40,201,

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Minfocus Exploration Commences Nipigon Reefs Drilling Program 0

TORONTO, ONTARIO — (Marketwired) — 11/25/13 — Minfocus Exploration Corp. (TSX VENTURE: MFX) ("Minfocus") is pleased to announce that it is mobilizing a truck-mounted auger drill to the Seagull North prospect within its Nipigon Reefs Project, near Thunder Bay, Ontario. The drill program is to test for downdip extensions in weathered bedrock of surface Platinum Group Element ("PGE") mineralization which was identified in historic trenches. The program is planned to be abou

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Detour Gold Announces Management Changes 0

TORONTO, ONTARIO — (Marketwired) — 11/25/13 — Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") announced today that, effective immediately, Gerald Panneton, Detour Gold-s President and Chief Executive Officer, has resigned.The Board of Directors has appointed Paul Martin, Chief Financial Officer, as interim Chief Executive Officer. Mr. Martin will serve in this capacity while the Company conducts a search for a new chief executive officer. James Mavor,

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Declan Announces Appointment of Dr Hikmet Akin to the Board of Directors 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/25/13 — Declan Resources Inc. ("Declan" or the "Company") (TSX VENTURE: LAN) announces that Hikmet Akin has joined the Company-s board of directors. Dr. Akin holds an undergraduate degree in mining geology, a PhD in engineering and a postdoctoral degree in mining geology/mineral economics. Dr. Akin-s studies were completed at the Technical University of Berlin where he later taught and became an adjunct professor.Dr. Akin

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Cancana Commences Mining Operations at Its Valdirao Manganese Mine 0

TORONTO, ONTARIO — (Marketwired) — 11/25/13 — Cancana Resources Corp. (TSX VENTURE: CNY) (the "Company" or "Cancana") is pleased to announce that it has commenced mining and excavation of its Manganese ore thereby establishing commercial mining operations at its Valdirao Manganese Mine in Espigao, in the State of Rondonia, Brazil.Further to our News Release on November 20, 2013, in which Cancana had commenced the development of the infrastructure needed to support the mi

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Tesoro Minerals Corp. Announces Proposed Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/25/13 — Tesoro Minerals Corp. (the "Company") (TSX VENTURE: TES) is pleased to announce a proposed non-brokered private placement of up to 13,000,000 units at a price of $0.10 per unit (the "Units") for gross proceeds of up to $1,300,000 (the "Offering").Each Unit will comprise one common share and one common share purchase warrant (the "Warrants"). Each Warrant will entitle the holder to purchase one a

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SouthGobi Resources Provides First Bi-Weekly Update on Restated Financials 0

HONG KONG, CHINA — (Marketwired) — 11/25/13 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) (the "Company"). Reference is made to the announcements of the Company dated November 8, 2013, November 11, 2013 and November 14, 2013 ("the Announcements") in relation to the decision by the Company board of directors to restate the Company financial statements for 2011 and 2012 (collectively, the "Restated Financials").The Company has voluntarily decided to provide b

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Caledonia Announces Dividend Policy 0

TORONTO, ONTARIO — (Marketwired) — 11/25/13 — Caledonia Mining Corporation ("Caledonia" or the "Company") (TSX: CAL)(OTCQX: CALVF)(AIM: CMCL) is pleased to announce that as part of the Company-s long term strategy to maximize shareholder value, the board of directors has approved the implementation of a new quarterly dividend policy (the "Dividend Policy").About Caledonia MiningCaledonia is a mining, exploration and development company focused on Southern Afric

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Medusa Mining Limited: Results of Annual General Meeting 0

COMO, WESTERN AUSTRALIA — (Marketwired) — 11/25/13 — Medusa Mining Limited (ASX: MML)(LSE: MML) -In accordance with Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act, the Company wish to advise that all resolutions put to the meeting of shareholders on 22 November 2013 have been passed on a show of hands.Outlined below is a tabulation of the proxies received by the Company pertaining to each resolution.Note:ABN: 60 099 377 849Contacts:
Medusa Mining Limited
Peter Alphonso
Com

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Medusa Mining Limited: Operations Update Powercells for Sag Mill 0

COMO, WESTERN AUSTRALIA — (Marketwired) — 11/24/13 — Medusa Mining Limited (ASX: MML)(LSE: MML) ("Medusa" or the "Company"), through its Philippine operating company Philsaga Mining Corporation, wishes to announce the following update:The repaired Powercells for the new Sag Mill have cleared customs in the Philippines and will be air freighted to Davao on Monday the 25th of November 2013 and then transported by road to the Mine.ABN: 60 099 377 849Contacts:
Australia
Medu

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