JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 12/10/12 — AngloGold Ashanti (NYSE: AU) is pleased to note that Standard & Poor-s has affirmed the investment grade rating on the company-s publicly traded debt following an extensive review."We-ve taken strong, decisive action to maintain our investment grade rating and preserve our financial stability and flexibility," Chief Executive Officer Mark Cutifani said. "And at the same time our strategy to improve the quality and dive
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM)(LSE: FQM) is pleased to announce the appointment of Michael Hanley to the Board of Directors. Mr. Hanley will serve as a non-executive independent director effective December 10, 2012.Mr. Hanley has over 20 years of senior executive experience. Most recently, he served as Senior Vice-President Operations and Strategic Initiatives and member of
YORBA LINDA, CA — (Marketwire) — 12/10/12 — Sabtech Industries, an established leader in the design, manufacture and support of tactical data communications solutions for military and government agencies, was pleased to recently host Congressman Ed Royce (40th district, CA) to its global headquarters in Yorba Linda, California.During the visit, Congressman Royce was given a brief demonstration of Sabtech-s state-of-the-art data communications products and systems for military and industrial
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — South American Silver Corp. (TSX: SAC)(PINKSHEETS: SOHAF) is pleased to announce the commencement of the summer drilling program at the Escalones copper-gold project in Chile. The first drill started turning on December 5th at hole ES-36 located on the Meseta in the central "porphyry area" of the deposit. The summer program is designed to fill gaps in the resource model in order to expand resources in the porphyry and skarn e
PHOENIX, AZ — (Marketwire) — 12/10/12 — Bonanza Goldfields Corp. (PINKSHEETS: BONZ) today provided a progress update on the first phase of production operations at its flagship Tarantula Project.As reported in October, funding was secured and equipment was rapidly mobilized to initiate the first phase of production which is underway.In November, Bonanza-s management team made a strategic equipment change and modification to the initial agreement with Goldfields International. The initial agr
Production of 33,102 Ounces of Gold in November
SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 12/10/12 — Noranda Income Fund (the "Fund") (TSX: NIF.UN) announced today that it has completed the previously announced internal reorganization, which eliminates the requirement for in-kind distributions, commencing in fiscal 2012.As a result of this reorganization, it is expected that unitholders will be taxed only on the income they receive as cash distributions.The reorganization will not affect any of the arrangements between
COEUR D-ALENE, IDAHO — (Marketwire) — 12/10/12 — Timberline Resources Corporation (TSX VENTURE: TBR)(NYSE MKT: TLR)(NYSE Amex: TLR) ("Timberline" or the "Company") is pleased to announce today that it has received a draft Hard Rock Operating Permit for its Butte Highlands Gold Project from the Montana Department of Environmental Quality (MDEQ). The Company also received a Compliance Determination setting forth the MDEQ-s determination that the completed application for t
Across has implemented new functions for even more transparent project and resource planning and even more flexibility for translation work
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — Colombian Mines Corporation (TSX VENTURE: CMJ)(FRANKFURT: X6C) ("Colombian Mines" or "the Company") is pleased to announce recent reconnaissance sampling has returned values to 49.8 grams (1.6 troy ounces) gold per tonne, 526 grams (16.9 troy ounces) silver per tonne, and 17.05% copper from the Company-s new 100% owned Mercedes Contract. The highest silver value of 773 grams (24.9 troy ounces) is associated with the
