back to homepage

Mining & Metals

Richmont Mines Announces Successful W Zone Bulk Sample; Makes Decision to Proceed to Commercial Production 0

MONTREAL, QUEBEC — (Marketwired) — 06/19/13 — Richmont Mines Inc. (TSX: RIC)(NYSE MKT: RIC), ("Richmont" or the "Corporation"), is pleased to announce a successful completion of the bulk sampling phase for its W Zone Gold Project ("W Zone" or the "Project"), located in Val-d-Or, Quebec. As a result, the Corporation has made a decision to proceed to the commercial production phase of the Project.Highlights:Development of the W Zone to date, from which m

Read More

Passport Potash Permitting Update 0

– Has Completed Pre-application Meeting with ADEQ – Has engaged the services of international environmental consulting firm

Read More

Gowest Gold Intercepts 5.01 g/t Gold Over 4.4 M on New Target Area at North Timmins Gold Project 0

TORONTO, ONTARIO — (Marketwired) — 06/19/13 — Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE: GWA) (OTCBB: GWSAF) is pleased to announce the results from 11 drill holes at its North Timmins Gold Project (NTGP). The 3,947 metres ("m") of diamond core drilling, conducted from February 25 to May 1, 2013, was focused on testing exploration targets outside of the Frankfield East gold deposit area.Highlights from the drilling (see Table) include:Gowest-s P

Read More

Colossus Minerals Announces Semi-Annual Note Interest Payment 0

TORONTO, ONTARIO — (Marketwired) — 06/19/13 — Colossus Minerals Inc. (TSX: CSI)(OTCQX: COLUF) announces that it will be paying the semi-annual interest payment of $44.63 per $1,000 Note CUSIP is 19681LAA7. The payment will be made to note holders of record at the close of business on June 28th, 2013 and will be payable on July 2nd, 2013.About Colossus Minerals Inc. (TSX: CSI)Colossus is a development-stage mining company focused on bringing its 75% owned Serra Pelada Gold-Platinum-Palladium

Read More

Balmoral Reports Results From 2013 Annual General Meeting 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/19/13 — Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE: BAR)(OTCQX: BALMF) today reported that the shareholders of the Company have ratified the Advance Notice Policy previously enacted by the Board of Directors (see NR13-09; April 16, 2013) at the Company-s recently completed annual general meeting. In addition, the shareholders approved the necessary alterations to the Articles of the Company to facil

Read More

American Bonanza Provides Copperstone Gold Mine Progress for May 2013 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/19/13 — American Bonanza Gold Corp. (TSX: BZA)(OTCQX: ABGFF) ("Bonanza" or "Company") is pleased to announce progress at the 100% owned Copperstone gold mine in Arizona during May 2013.May saw 1,041 ounces of gold produced, a 5% increase in ore grade, improvement in the mill recovery, and a 41% increase in development footage as the focus on providing access to new ore zones continues. Improvements continue into June, with

Read More

Scout Oil Spill Systems Could Solve Canada-s Problem 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/19/13 — Scout Exploration Inc. (OTCBB: SCXN) -A recent internal Canadian government audit revealed the country-s offshore spill response system is outdated, disorganized, and in need of an overhaul. Despite warnings contained in reports dated back to 2010, little action has been taken. At present, it is estimated 83% of Canada-s offshore oil spill response technology is outdated."Although operationally ready to respond, most of the asset

Read More

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

SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwired) — 06/19/13 — 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 June 2013 of $0.04167 per Priority Unit payable on July 25, 2013 to Priority Unitholders of record as at the close of business on June 28, 2013.There is no assurance that monthly distributions will continue in the future, nor is there any assurance that, if they do continue, the leve

Read More

Gold Resource Corporation Drills 4.7 Meters of 3.1 Grams Gold and 2,658 Grams Silver at Arista-s Splay 5 0

COLORADO SPRINGS, CO — (Marketwired) — 06/19/13 — Gold Resource Corporation (NYSE MKT: GORO) (the "Company") continues to intercept high grade gold and silver mineralization at its Arista deposit, drilling 4.7 meters of 3.1 grams per tonne gold and 2,658 grams per tonne silver in vein Splay 5. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $83 million to shareholders in monthly dividends s

Read More

Anaconda Mining Retires Provincial Government Loan; No Longer has Interest Bearing Debt 0

TORONTO, ONTARIO — (Marketwired) — 06/19/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to announce that on June 13, 2013, the Company made its final payment on a 5.5% interest bearing loan, originally advanced in the amount of $500,000, from the Newfoundland and Labrador Government-s Department of Innovation Business and Rural Development (formerly INTRD). The Company no longer has any interest bearing debt on its balance sheet. There is

Read More