TORONTO, ONTARIO — (Marketwired) — 04/09/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) refers to a report in today-s West Australian that its majority shareholder Hanlong Mining Investments Pty Ltd (Hanlong) is to remove the Company-s independent directors and advises as follows.Hanlong and the Board are in discussions in relation to the future structure and composition of the Board. The Company will advise the market further once those discussions have concluded.The Company also notes the r
TORONTO, ONTARIO — (Marketwired) — 04/09/13 — Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") reports its first quarter operational update on the Detour Lake mine located in northeastern Ontario. The Company continues to advance the ramp-up of the mine and remains on schedule to declare commercial production in the third quarter of 2013. The Company will host a conference call today at 10:00 a.m. Eastern Time.First Quarter Highlights"As per our g
CBP Joins TSA and U.S. Coast Guard as Key Department of Homeland Security Agencies Utilizing AtHoc-s Emergency Mass Notification and Accountability Solution
MONTREAL, QUEBEC — (Marketwired) — 04/09/13 — That could very well be the case if the plane you-re flying in has been fitted with a Belt-Tech intelligent seat belt. And chances are it is. 65% of all seat belts used in today-s aircraft are made with Belt-Tech webbing. This Granby-based textile company, highly specialized in webbings that are transformed into seat belts for cars, for planes, has just created the intelligent seat belt. That-s right, a seat belt that not only straps you in secu
TORONTO, ONTARIO — (Marketwired) — 04/09/13 — Ferro Iron Ore Corp. (TSX VENTURE: RRO) reports that it has terminated the definitive agreement entered into with shareholders of Continent Treasure Limited to effect a business combination and obtain a 77.5% interest in Mongolian exploration license No.14491X (the "Exploration License"). Ferro has also terminated the definitive agreement to effect a business combination with Blue Eagle Trading Limited to acquire the additional 22.5% i
(0.30% U3O8, 277 g/t Ag Over 2.3 Metres)
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Prominex Resource Corp. (the "Company" or "Prominex") (TSX VENTURE: PXR) – The Company has closed the private placement announced on April 5th, 2013. Prominex placed 21,370,000 Units priced at $0.015 for net proceeds of $320,550. Each Unit comprises one common share and one full share purchase warrant. Each warrant is exercisable into one common share for a period of 12 months from closing at a price of $0.05 per s
MONTREAL, QUEBEC — (Marketwired) — 04/09/13 — Malaga Inc. ("MLG") (TSX: MLG) reports that it has reached an agreement to sell all of its shares in Hidroelectrica Pelagatos S.A.C. ("Hidropesac") for cash proceeds of $650,000. Hidropesac owned and operated the 600kW hydro electric power plant. MLG has received a deposit of $325,000 and the balance will be received on closing which should occur within the coming weeks. All amounts are in US dollars unless otherwise indicate
Industry Veteran Brings Expertise Running High-Growth Companies
SUGARLAND, TX — (Marketwired) — 04/09/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — Sustained high prices for gold and silver are helping drive project activity in Metals & Minerals projects in Colorado, shown by expansion of producing properties and attempts to reopen idled mines and mills, industry sources tell Industrial Info Resources. Colorado Goldfields Incorporated (OTCQB: CGFI) (Lakewood, Colorado) and Rio Grande Silver Incorporated (Creede, Colorado), a sub