back to homepage

Manufacturing & Production

Centerra Gold-s Kumtor Mine Suspends Operations 0

TORONTO, ONTARIO — (Marketwired) — 05/30/13 — Centerra Gold Inc. (TSX: CG) today reported that the national grid power supply to the Kumtor mine has been disrupted by local protestors. The road leading to the mine also continues to be blocked by illegal protests. The mine has begun an orderly shutdown of the milling facility using back-up diesel-generated power. The camp and other facilities at site are also currently operating on back-up power. Mining operations have also been suspended ot

Read More

Colombian Mines Initiation of Phase I Drilling At El Dovio 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/30/13 — Colombian Mines Corporation (TSX VENTURE: CMJ) (FRANKFURT: X6C) ("Colombian Mines" or "the Company") is pleased to report the Company has been notified by it drilling contractor that the drilling equipment for the planned Phase I drilling program is being mobilized to the Company-s El Dovio project. Phase I drilling is scheduled to commence during the first week of June and is expected to consist of 2,500 meters of

Read More

Glen Eagle Signs a Licensing Agreement With B2 Gold in Nicaragua and Brings Further Clarification in Respect to the News Release Issued on May 23, 2013 0

MONTREAL, QUEBEC — (Marketwired) — 05/30/13 — Glen Eagle Resources Inc (TSX VENTURE: GER) ("Glen Eagle" or the "Company") is pleased to announce that the Company has concluded a Licensing Agreement with B2 Gold Corp (a TSX listed issuer) to process historic mercuric tailings produced by small and independent mill operators located on the La Libertad Mine Concession in Chontales, Nicaragua. Glen Eagle-s commitment with regards to the Licensing Agreement is to recover the

Read More

Ontario Iron Mining Inc. Agreement to Purchase Northern Iron Properties Will Not Proceed at This Time 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/30/13 — Northern Iron Corp ("Northern" or the "Company") (TSX VENTURE: NFE) (OTCQX: NHRIF) (FRANKFURT: N8I) today announced that Ontario Iron Mining Inc. (OIMI) has notified Northern of its decision not to conclude the purchase of Northern-s El Sol and Whitemud properties at this time. The asset purchase agreement (the Agreement) signed on November 12th 2012 is set to expire on May 31st 2013.OIMI spokesperson, Jonas Struth

Read More

BonTerra Announces Non-Brokered Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/30/13 — BonTerra Resources Inc. (TSX VENTURE: BTR)(FRANKFURT: 9BR) (the "Company" or "BonTerra") announces that it intends to complete a private placement consisting of 20,000,000 flow-through units (the "FT Units") at a price of $0.05 per FT Unit for total gross proceeds of up to $1,000,000 and up to 3,000,000 non flow-through units (the "NFT Units") at a price of $0.05 per NFT Unit for total proceeds

Read More

Antofagasta Gold Signs MOU to Acquire 3,150 Square Kilometre (320,000 Hectares) Atacama Copper Property, Antofagasta Copper District – Northern Chile 0

TORONTO, ONTARIO — (Marketwired) — 05/30/13 — Antofagasta Gold Inc. ("Antofagasta" or the "Company") (TSX VENTURE: AN) has entered into an exclusive Memorandum of Understanding (the "MOU") for a four year option agreement (the "Option Agreement") to earn an 80% interest in the Atacama Copper Property ("Property"). The Property consists of approximately 3,200 contiguous square kilometres (320,000 hectares) in Chile-s Antofagasta Region II, hom

Read More

Caledonia Mining Corporation: Director-s Share Dealing 0

TORONTO, ONTARIO — (Marketwired) — 05/30/13 — The Board of Caledonia Mining Corporation (the "Company") (TSX: CAL)(OTCQX: CALVF)(AIM: CMCL)announces that it was notified on 23rd May that on the same day Jim Johnstone, Non-Executive Director of the Company, sold 24,000 ordinary shares at 67.5p per share. Following this disposal, Mr Johnstone holds 16,000 ordinary shares in the company, representing 0.03 per cent. of the present issued Ordinary share capital of the Company.Contacts:

Read More

Joint Share Ownership Plan 0

LONDON, UNITED KINGDOM — (Marketwired) — 05/30/13 — Anglo Pacific Group PLC (the "Company") (LSE: APF)(TSX: APY) announces that on May 29, 2013 the Trustee of the Anglo Pacific Group Employee Benefit Trust ("EBT") exercised its option to acquire the beneficial interest in shares awarded on May 19, 2010 to two of the executive directors under the Company-s Joint Share Ownership Plan ("JSOP").As announced on May 20, 2010, Mr Chris Orchard and Mr John Theobald eac

Read More

Kazax Issues Second Tranche Share Payment on Lomonosovskoye Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/30/13 — Kazax Minerals Inc. ("Kazax" or the "Company") (TSX VENTURE: KZX). Further to its news releases of February 19, 2013 and April 30, 2013, announcing the acquisition (the "Acquisition") of a 75% interest (the "LP Interest") in the Lomonosovskoye Limited Liability Partnership (the "LP") from Safin Element GmbH ("Safin"), the Company announces the issuance of a second tranche sha

Read More

Axe Exploration in Good Financial Health 0

LAVAL, CANADA — (Marketwired) — 05/30/13 — Axe Exploration Inc. (TSX VENTURE: AXQ) (the "Corporation") announces that since April 8, 2013, the shares of the company are trading on the TSX Venture Exchange under the symbol AXQ.Axe Exploration Inc. has a cash position of $2,933,366, representing a value of $ 0.05 per share and holds only 53,900,017 shares issued and outstanding.Axe Exploration-s management is optimistic for the next year due to its good financial health and is curre

Read More