TORONTO, CANADA — (Marketwire) — 12/17/12 — Inmet Mining Corporation (Inmet) (TSX: IMN) responds to a news release issued yesterday by First Quantum Minerals Ltd. announcing its intention to make an unsolicited takeover offer for Inmet. The offer has not yet been received by Inmet and Inmet shareholders are advised to take no action at this time. The Board of Directors of Inmet, in accordance with its fiduciary duties and with counsel from its financial and legal advisers, will fulfill its
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/17/12 — First Point Minerals Corp. (TSX: FPX) ("First Point" or the "Company") is pleased to announce that it has encountered extensive nickel-iron alloy mineralization carrying promising grades during a first pass of wide-spaced exploration drilling at the 100%-owned Wale property in northern British Columbia. Highlights include:Note: Nickel-in-alloy assays were done using the partial extraction analytical method (see expl
SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 12/17/12 — Noranda Income Fund (the "Fund") (TSX: NIF.UN) announced today that it has approved the 2013 operating plan for the Processing Facility. Refined zinc production next year is forecast to be 265,000 tonnes, approximately 1% higher than the 262,000 tonnes forecast for 2012. Capital investment is expected to rise from a forecast of $27 million in 2012 to $46 million in 2013, of which approximately $20 million is expected to
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/17/12 — Constantine Metal Resources Ltd. (TSX VENTURE: CEM) ("Constantine" or the "Company") is pleased to announce Teck Resources Limited ("Teck") is planning a winter exploration program on the Company-s Golden Mile property in Timmins, Ontario, comprising approximately $600,000 in exploration expenditures The large, 68 square kilometer, Golden Mile Property is located 9 kilometers northeast of Goldcorp-s multi-
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TORONTO, ONTARIO — (Marketwire) — 12/17/12 — McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce that it has strengthened its operations team with the recent hiring of Fernando Aguilar, as Operations Manager (Mexico), Luke Willis, as Director Resource Modeling and Nigel Fung, as Director Mine Planning."These key additions strengthen our growing operational team as we bring on new production in Mexico and Nevada. I am delighted to welcome Fernando, Luke and Nigel to McEwen M
SPOKANE VALLEY, WASHINGTON — (Marketwire) — 12/17/12 — Revett Minerals Inc. (TSX: RVM) (NYSE MKT: RVM) (NYSE Amex: RVM) announces that due to concerns with underground geotechnical conditions, it has temporarily suspended underground mining operations at its Troy Mine located in northwest Montana.While it is believed that conditions have stabilized, a decision has been made in consultation with our geotechnical consultants and MSHA to install geophone monitoring devices and to begin recordi
TORONTO, ONTARIO — (Marketwire) — 12/17/12 — Nautilus Minerals Inc. (TSX: NUS)(OTCQX: NUSMF)(AIM: NUS) (the "Company" or "Nautilus") will hold a conference call and audio/webcast on Tuesday, December 18, 2012 at 10.00 a.m. Eastern Standard Time (3.00 p.m. London/GMT).Presentation slides to accompany the discussion will be available at approximately 9.30 a.m. EST (2.30 p.m. London) from the Nautilus website ().Conference Call DetailsWebcast link:If your country dial-in nu
TORONTO, ONTARIO — (Marketwire) — 12/17/12 — Southeast Asia Mining Corp. (the "Company") is pleased to announce that it closed the first tranche of its previously announced brokered private placement of unsecured convertible debentures (the "Debentures") for gross proceeds of $927,296 as set out in the Company-s press release dated November 21, 2012. On the maturity date, each Debenture will be convertible into units (each, a "Unit") of the Company at a price o
