VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/04/13 — Platinum Group Metals Ltd., (TSX: PTM)(NYSE Amex: PLG)(NYSE MKT: PLG) (the "Company" or "Platinum Group Metals") has closed its previously announced public offering of common shares (the "Offering"). Pursuant to the Offering, the Company issued 225,000,000 common shares at a price of C$0.80 per common share, for aggregate gross proceeds of C$180,000,000. BMO Capital Markets, RBC Capital Markets and GMP Sec
TORONTO, ONTARIO — (Marketwire) — 01/04/13 — Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) provides an update for its exploration programs.The 2012 HOAM exploration program, reduced in scope and expenditure as a result of world financial markets, resulted in the discovery of one new kimberlite from 11 holes drilled to test nine geophysical targets. Saskatchewan Research Council reported no diamonds from 245 kilograms of kimberlite core submitted fo
WEST PERTH, AUSTRALIA — (Marketwire) — 01/04/13 — Peak Resources Limited ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY) today announced that a webcast discussing the highlights of the scoping study results for its 100%-owned Ngualla Rare Earth Project in Tanzania is now available.:The results of the scoping study and preliminary economic assessment released to the ASX on 3rd December 2012 indicate very low capital and operating costs compared to other rare earth proj
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/04/13 — Empire Mining Corporation (TSX VENTURE: EPC) ("Empire") announces that its Directors have approved a name change to Columbus Copper Corporation.The change will take effect at the opening of trading on January 10, 2013 – Empire will commence trading on the TSX Venture Exchange under the new name Columbus Copper Corporation and the new ticker symbol CCU. There is no consolidation of capital.The changes emphasize Empire-s concen
CALGARY, ALBERTA — (Marketwire) — 01/04/13 — MGold Resources Inc. (TSX VENTURE: MNI) ("MGold" or the "Corporation") announced today that it has signed a Letter of Intent with arm-s length third parties to purchase a 92.27% working interest in a suspended D-3 Oil Unit in central Alberta for a purchase price of $500,000. MGold expects to recomplete one of the three suspended wells in the 3rd quarter of 2013 and place it on production. MGold will be pursuing a variety of f
TORONTO, ONTARIO — (Marketwire) — 01/04/13 — Asian Mineral Resources Limited ("AMR") (TSX VENTURE: ASN) is pleased to announce that the Ministry of Industry and Trade of the Socialist Republic of Vietnam has issued a circular regarding the export of minerals and mineral products from Vietnam (the "Circular"). The Circular stipulates that 9.5% nickel concentrate is permitted for export by Ban Phuc Nickel Mines LLC ("BPNM"), a subsidiary of AMR, without time limi
LONDON, UNITED KINGDOM — (Marketwire) — 01/04/13 — Amara Mining plc (AIM: AMA)(TSX: AMZ), the dual AIM and TSX-listed West African focused gold mining company, is pleased to announce that a National Instrument 43-101-compliant technical report, dated 03 January 2013, detailing the resource update for its Baomahun Gold Project ("Baomahun") in Sierra Leone was filed on SEDAR yesterday. This follows the news release dated 19 November 2012.A copy of the technical report may be obtaine
SUGAR LAND, TX — (Marketwire) — 01/04/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — U.S. industrial firms are planning to begin construction on 468 projects totaling $27.8 billion in 2013. Projects range from grassroot mining projects to steel mills. Looking at the top 10 states, Nevada is No. 1, with 22 projects totaling $4.7 billion.Other companies featured: (NYSE:PKX), (NYSE:FCX)For details, view the entire article by subscribing to Industrial Info-s Premium Indus
WELLINGTON, NEW ZEALAND — (Marketwire) — 01/04/13 — Glass Earth Gold Limited (TSX VENTURE: GEL)(NZAX: GEL) ("Glass Earth") today announces that it has closed the second tranche of its previously announced non-brokered Private Placement. A total of 3,343,750 Units have been sold at a price of $0.16 per unit for gross proceeds of C$535,000.Each Unit consists of one common share and one common share purchase Warrant. Each whole Warrant entitles the holder to purchase one common share
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/04/13 — Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon") is pleased to announce that it plans to release the results of its Feasibility Study ("FS") on the Rose Deposit of the Kamistiatusset ("Kami") Iron Ore Property in western Labrador prior to market open on Wednesday January 9, 2013.Following the release of the FS, Alderon will host an analyst and shareholder conference call at 8:00am EST on the sa