back to homepage

Mining & Metals

US Tungsten Corporation Announces Completion of Geological Report 0

HENDERSON, NV — (Marketwired) — 06/07/13 — US Tungsten Corporation ("US Tungsten" or "USTU") (OTCQB: USTU), a company focused on becoming a near-term North American tungsten producer with the re-development of the historically productive Calvert Mine in SW Montana, is pleased to announce the completion of their Guide 7 Geological Report on the Calvert Tungsten Property, Beaverhead County, Montana.The Calvert Mine Tungsten property is located in southwestern Montana approx

Read More

Stillwater Mining Company Announces Retirement of Frank McAllister 0

BILLINGS, MT — (Marketwired) — 06/07/13 — (NYSE: SWC) (TSX: SWC.U) reported today that Frank McAllister, the Company-s Chief Executive Officer, has announced his retirement from the Company.Mr. McAllister joined Stillwater Mining Company in February of 2001 as the Company-s Chief Executive Officer and Chairman of the Board of Directors. Mr. McAllister was responsible for listing Stillwater Mining Company on the New York Stock Exchange. Under his leadership the Company-s safety performance im

Read More

Teck Announces Asset Exchange Agreement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/07/13 — Teck Resources Limited (TSX: TCK.A)(TSX: TCK.B)(NYSE: TCK) ("Teck") announced today an exchange of certain oil sands leases relating to Teck-s Frontier oil sands project.Under the exchange, Teck transferred oil sands rights and other miscellaneous interests associated with Lease 14 to Shell Canada Energy ("Shell") and Shell transferred to Teck the oil sands rights and other miscellaneous interests associated with L

Read More

AXMIN Announces Results of Annual and Special Meeting of Shareholders 0

TORONTO, ONTARIO — (Marketwired) — 06/07/13 — AXMIN Inc. (TSX VENTURE: AXM) ("AXMIN" or the "Company") is pleased to announce that at the Company-s Annual and Special Meeting of Shareholders Bright Chiu, George Roach, Joe Tai, Lucy Yan and David de Jongh Weill were elected as Directors of the Company. Also at the meeting, the shareholders approved the continuation of the Company-s Stock Option Plan. The Company has issued and outstanding 3,393,750 stock options for commo

Read More

International Tower Hill Mines Announces Results from Annual General Meeting of Shareholders 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/07/13 — International Tower Hill Mines Ltd. ("ITH" or the "Company") – (TSX: ITH)(NYSE MKT: THM)(FRANKFURT: IW9) announces the results from its 2013 Annual General Meeting of shareholders held in Vancouver, B.C. on Thursday, June 6, 2013 ("Meeting").At the Meeting, the Company-s shareholders fixed the size of the board at six and the following individuals were re-elected as directors of the Company (all receiving

Read More

AuRo Resources Corp. Announces Shares for Debt Transaction 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/07/13 — AuRo Resources Corp. (the "Company") (TSX VENTURE: ARU) announces the completion of the shares for debt transaction originally announced on March 19, 2013. The issuance has received approval from the TSX Venture Exchange.On May 24, 2013 the Company issued an aggregate of 2,000,000 common shares ("Shares") at a deemed price of $0.05 per Share to settle an aggregate debt of $100,000 representing an amount due to a se

Read More

Scorpio Gold Grants Incentive Stock Options 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/07/13 — Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE: SGN) has granted a total of 2,545,000 incentive stock options to directors, officers, consultants and employees, exercisable at a price of $0.275 per share for a period of ten (10) years.About Scorpio GoldScorpio Gold holds a 70% interest in the Mineral Ridge gold mining operation located in Esmeralda County, Nevada with joint venture partner

Read More

Orbite Announces its Annual General Meeting 0

MONTREAL, QUEBEC — (Marketwired) — 06/07/13 — Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Corporation") announces that its annual general meeting of shareholders will be held on June 20, 2013 at 10:00 AM EST at the Marriott Chateau Champlain (Conference Room "Cartier BC"), 1 Place du Canada, Montreal, Quebec.Orbite will also be broadcasting the AGM live via a public Webcast. To listen to the AGM, please visit the website prior to the start

Read More

Marifil Clarifies Technical Disclosure 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/07/13 — Marifil Mines Limited (TSX VENTURE: MFM) ("Marifil") or the "Company"), as a result of a review by the British Columbia Securities Commission (the "BCSC"), Marifil is issuing the following news release to clarify our disclosure. Based on the review completed by the BCSC, certain information on the Company-s projects provided in the Company-s annual Management Discussion and Analysis filed on April 30, 201

Read More

North American Palladium Announces US$130 Million Debt Financing from Brookfield, $20 Million Fully Subscribed Private Placement of Flow-Through Shares and Extension of Credit Facility 0

TORONTO, ONTARIO — (Marketwired) — 06/07/13 — North American Palladium Ltd. ("NAP" or the "Company") (TSX: PDL)(NYSE MKT: PAL) announces financings to fund the Company-s ongoing expansion of its Lac des Iles ("LDI") mine in Ontario.Summary:"We expect that these financings will enable us to complete the first phase of our LDI mine expansion and establish our operations for improved financial performance in 2013 and beyond," said Dave Langille, NAP-s Ch

Read More