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Mining & Metals

Allied Nevada Provides Update on Recent Operational Developments 0

RENO, NEVADA — (Marketwired) — 12/05/14 — Allied Nevada Gold Corp. ("Allied Nevada", "us", "we", "our" or the "Company") (TSX: ANV)(NYSE MKT: ANV) is providing an update to 2014 guidance included in our Quarterly Report on Form 10-Q for the period ended September 30, 2014 ("Third Quarter Form 10-Q"). In late-October and November, we encountered a significant amount of acid leach material in our planned mining areas that had an adve

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Gentor Resources Obtains Final Drill Permit for Its Turkish Karaburun Project 0

TORONTO, ONTARIO — (Marketwired) — 12/05/14 — Gentor Resources Inc. ("Gentor" or the "Company") (TSX VENTURE: GNT) is pleased to announce that it has received the final forestry drill permit from the Ministry of Forestry and Water Resources in Turkey enabling it to undertake its planned Phase 1 diamond drilling program in the southern part of the Karaburun Project ("Project"). The Project is a metasediment hosted VMS (volcanogenic massive sulphide) system in fo

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SouthGobi Resources Announces the Extension of Amounts Owing on the Turquoise Hill Facility 0

HONG KONG, CHINA — (Marketwired) — 12/05/14 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi" or the "Company") announces that subject to certain conditions and limitations, Turquoise Hill Resources Ltd. ("Turquoise Hill") have deferred amounts owing on the US$10 million revolving credit facility (the "Turquoise Hill Facility") provided to the Company as initially announced on May 25, 2014 and updated on August 31, 2014.On December 4, 201

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CORRECTION FROM SOURCE: Lundin Mining Provides Operating Outlook for 2015-2017 0

TORONTO, ONTARIO — (Marketwired) — 12/04/14 — Lundin Mining Corporation (TSX: LUN)(OMX: LUMI) ("Lundin Mining" or the "Company"), provides the following production guidance for the three-year period of 2015 through 2017.In the footnote to the C1 cash cost for the Candelaria mine, the following clarification has been added:C1 cash costs include capital expenditures for deferred stripping in the amount of approximately $160 million in 2015. Excluding the impact of capital

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Lundin Mining Provides Operating Outlook for 2015-2017 0

TORONTO, ONTARIO — (Marketwired) — 12/04/14 — Lundin Mining Corporation (TSX: LUN)(OMX: LUMI) ("Lundin Mining" or the "Company"), provides the following production guidance for the three-year period of 2015 through 2017. Key highlights are as follows:Paul Conibear, President and CEO commented, "Rejuvenation of our asset base over the last two years has transformed the Company–s future production profile with diversified, low risk production both geographically and

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First Bauxite Corporation Announces Non-Brokered Private Placement 0

TORONTO, ONTARIO — (Marketwired) — 12/04/14 — First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) ("First Bauxite" or the "Company") is pleased to announce that the Company is proceeding with a non-brokered private placement (the "Private Placement") to Resource Capital Fund V L.P. ("RCF") of US$4 million principal amount convertible note bearing 8% interest and maturing January 19, 2016 (the "Note"). The principal amou

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Cameco Approves Dividend 0

SASKATOON, SASKATCHEWAN — (Marketwired) — 12/04/14 — ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)Cameco (TSX: CCO) (NYSE: CCJ) announced today that its board of directors has approved a quarterly cash dividend of $0.10 per common share, payable on January 15, 2015 to shareholders of record on December 31, 2014.ProfileCameco is one of the world–s largest uranium producers, a significant supplier of conversion services and one of two Candu fuel manufacturers in Canada. Our competitive posit

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East Asia Minerals Announces Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/04/14 — East Asia Minerals Corporation (the "Company") (TSX VENTURE: EAS) announces an offering of units at CDN$0.015 per unit for the first tranche and CDN$0.01 per unit for the second tranche to raise up to US$500,000, which is estimated to be approximately CDN$568,650 and subject to exchange rate fluctuation. Each unit being offered consists of one common share of the Company and one share purchase warrant having a five year term

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Golden Star Operations to Support Load Shedding Plan in Ghana 0

TORONTO, ONTARIO — (Marketwired) — 12/04/14 — Golden Star Resources Ltd. (TSX: GSC)(NYSE MKT: GSS)(GHANA: GSR) -In light of the current power supply deficit in Ghana, Golden Star has agreed to support the Ghanaian Energy Commission–s load shedding plan for December. The Company is aiming to reduce its net power consumption from the national grid by 25% for the month.At Wassa, the power plant will feed power back into the grid, which will offset the need for a full reduction in electricity

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James Bay Resources Limited Announces Management and Board Changes 0

TORONTO, ONTARIO — (Marketwired) — 12/04/14 — James Bay Resources Limited ("James Bay" or the "Company") (CSE: JBR) is pleased to announce that Mr. Adeniyi Olaniyan has been appointed as president and Chief Executive Officer of the Company–s subsidiary, James Bay Energy Nigeria Limited ("JBENL"). Mr. Olaniyan was recently elected as a director of the Company at its annual meeting held on August 28, 2014 (the "Meeting"). The Company–s CEO, Stephen Sh

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