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Mining & Metals

Forum Announces $1.5 Million Non-Brokered Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/21/13 — Forum Uranium Corp. (TSX VENTURE: FDC) ("Forum" or the "Company") announces a non-brokered private placement of $1,500,000 through the issuance of units (the "Units") at a price of $0.37 per Unit. Each Unit will be comprised of one common share and one common share purchase warrant (a "Warrant"). Each Warrant is exercisable to purchase one Forum common share at a price of $0.50 per share for a p

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Canamex Intersects 9.1 Meters of 7.2 G/Tonne Gold (30 Feet of 0.210 Oz/Ton) Including 1.5 Meters of 30.7 GPT Au (5 Feet of 0.900 OPT) at the Bruner Gold Project, Nye County, Nevada 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/21/13 — Canamex Resources Corp. (the "Company") (TSX VENTURE: CSQ)(OTCQX: CNMXF)(FRANKFURT: CX6) is pleased to announce additional drill intercepts from its 2013 reverse circulation (RC) drilling program at the Bruner gold project, Nye County, Nevada.The Company has received results from holes B-1317 through B-1320, which were drilled to test the northern extension of the high-grade structure at the Penelas East target and encounter

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Global Cobalt Commences Fully Funded Drill and Technical Program at Karakul Cobalt Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/21/13 — GLOBAL COBALT CORP. ("Global Cobalt") (TSX VENTURE: GCO)(FRANKFURT: 3P0)(CUSIP: 37890F) (the "Company") is pleased to announce that it has commenced a fully funded drill and technical work program at the Karakul Cobalt Project ("Karakul and/or the "Property") located in the Altai Republic, Russia. The intent of the program is to validate the historic Soviet resources, expand the area included in the

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Redstar Closes Non-Brokered Private Placement and Announces Appointment of New Executive Chairman 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/21/13 — Redstar Gold Corp. (TSX VENTURE: RGC) ("Redstar" or the "Company") is pleased to announce that it has closed an over-subscribed non-brokered private placement of 39,383,363 units at a price of $0.055 per unit (the "Units") for gross proceeds of $2,166,085. Each Unit consists of one (1) common share and one (1) non-transferable share purchase warrant. Each share purchase warrant will entitle the holder the

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Noranda Income Fund Announces a Cash Distribution for the Month of August 2013 of $0.04167 per Priority Unit 0

SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwired) — 08/21/13 — Noranda Income Fund (TSX: NIF.UN) announced today that the Board of Trustees of Noranda Operating Trust has approved a distribution for the month of August 2013 of $0.04167 per Priority Unit payable on September 25, 2013 to Priority Unitholders of record as at the close of business on August 30, 2013.There is no assurance that monthly distributions will continue in the future, nor is there any assurance that, if they do continue,

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GoldQuest Reports 47.0 m Grading 6.90 g/t Gold and 0.94 % Copper (Gold Equivalent of 8.44 g/t) at Romero from In-Fill Drilling and Provides Exploration Update at La Guama 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/21/13 — GoldQuest Mining Corp. (TSX VENTURE: GQC)(FRANKFURT: M1W)(BERLIN: M1W) ("GoldQuest" or the "Company") announces assay results from seven drill holes, which include two in-fill holes at the Company-s 100% owned Romero Discovery along the Las Tres Palmas trend, and five drill holes at the La Guama trend, in the Dominican Republic.The two in-fill holes at Romero are part of an on-going in-fill drill program planned in

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AngloGold Ashanti Takes Prudent Step to Relax Loan Covenant 0

JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 08/21/13 — AngloGold Ashanti Limited (NYSE: AU) has continued its strategy of proactively managing its balance sheet by reaching agreement with its two banking syndicates to temporarily relax the financial covenant on both of its revolving credit facilities (RCFs). This is purely a proactive step by the company providing it protection, if required, against volatile market and operating conditions.AngloGold Ashanti currently has a single financial

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Rugby Lodges Application for Cobrasco Project Drilling and Appoints New CFO 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/21/13 — Rugby Mining Limited ("Rugby" or the "Company") (TSX VENTURE: RUG) is pleased to announce that it has filed an application with the Colombian government to allow for subsurface exploration including drilling at the Cobrasco North copper-gold-molybdenum porphyry property in Colombia. A large cohesive drill target has been identified by previously completed geochemical and geophysical programs. The application is exp

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