MONTREAL, QUEBEC — (Marketwire) — 03/12/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) announced today that the Corporation will include a non-cash impairment charge of approximately $60 million in the fourth quarter of 2012. The impairment charge is related to the Samira Hill mine in Niger and was prompted by the re-assessment of future cash flows to be generated by the mine following the review of technical and economical parameters. The revision takes into consideration increases in sustaining ca
TORONTO, ONTARIO — (Marketwire) — 03/12/13 — BESRA (TSX: BEZ)(ASX: BEZ)(OTCQX: BSRAF)(FRANKFURT: 0P6) John Seton, Chief Executive Officer is pleased to announce that Besra has formed a strategic banking partnership with VietAbank with the first deal now completed for US$ 18 million.John Seton commented, "Besra and VietAbank are delighted with the new arrangement as it demonstrates that Vietnamese financial institutions are willing to participate in foreign business development of the c
Integration Provides an Accurate, Cost-Efficient Outdoor Video Security Solution
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) ("EastCoal" or the "Company") is pleased to announce that, at the end of February, it restarted its wash plant at the Menzhinsky mine following the completion of engineering improvements and that it expects wash plant production to ramp up over the next few weeks.The geological challenges experienced at the Menzhinsky underground mine, announced on 8 February 2013, continue
OAKVILLE, ONTARIO — (Marketwire) — 03/12/13 — Canada Carbon Inc. (formerly Bolero Resources Corp.) (the "Company" or "Canada Carbon") (TSX VENTURE: CCB)(FRANKFURT: U7N1) is pleased to announce that it has entered into an Exclusive Distribution Agreement ("Agreement") between Canada Carbon Inc., and CGT Carbon GmbH ("CGT Carbon" or "CGT"), a German company. This gives Canada Carbon the exclusive right to market, distribute and sell any and al
New Resource Estimate to be included in NI 43-101 Preliminary Economic Assessment Technical Report
CALGARY, ALBERTA — (Marketwire) — 03/12/13 — Manson Creek Resources Ltd. (TSX VENTURE: MCK) (-Manson Creek-) is pleased to announce that it has entered into a letter agreement for the option of the Up Town Gold Project by Petro-Occidente Capital Corp. (TSXV: OPP.P) (-OPP-) where Manson Creek is assigning its option to acquire 100% of the Up Town Gold property, subject to a 2.5% net smelter return royalty held by the underlying vendor, to OPP."This deal with Petro-Occidente Capital Corp
MONTREAL, QUEBEC — (Marketwire) — 03/12/13 — TomaGold Corporation (TSX VENTURE: LOT) ("TomaGold" or the "Company") and Quinto Real Capital Corporation (TSX VENTURE: QIT) ("Quinto") are pleased to announce that they have decided to expand the drilling program on the Monster Lake property to 5,000 metres. The Company resumed drilling on the 325 gold zone today.David Grondin, President and CEO of TomaGold, stated that: "The size of this discovery warrants an
PERTH, WESTERN AUSTRALIA — (Marketwire) — 03/12/13 — Talison Lithium Limited ("Talison") (TSX: TLH) advises that the Federal Court of Australia has today (Perth time) approved the Tianqi Schemes(1).Following approval by the Court, Talison has lodged with the Australian Securities and Investments Commission an office copy of the Court orders approving the Tianqi Schemes, and accordingly the Tianqi Schemes have become Effective(2).Tianqi-s proposed funding arrangements (as outlined
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company") (TSX VENTURE: CKR)(FRANKFURT: CB8) is pleased to announce the acquisition of two new graphite projects in Quebec; St-Aime located adjacent to the Timcal border and approximately 1 km from the mill; and Calumet, which adjoins Canada Carbon Inc.-s (TSX VENTURE: CCB) Miller project where carbon-rich veins grab samples assayed up to 49.4 (% Cg) (see CCB news dated
