ROUYN-NORANDA, QUEBEC — (Marketwire) — 08/12/11 — PERSHIMCO RESOURCES INC. (the "Company" or "Pershimco")(TSX VENTURE: PRO)(FRANKFURT: BIZ) is pleased to announce additional assay results from the 2011 exploration campaign at the Company-s Cerro Quema Gold-Copper Project (the "Project") in Panama. The new assay results at the Quemita Target yielded 100 meters at 1.02 g/t Gold Equivalent, 64 meters at 2.05 g/t gold Equivalent and 47 meters at 1.43 g/t Gold Equiv
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/12/11 — First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM)(LSE: FQM) today announced that its Chief Financial Officer, Mark Bolton, has advised the Company of his resignation from his position in order to pursue personal business opportunities.The Company has commenced an executive search to replace Mr. Bolton, who will continue in the role of Chief Financial Officer in order to facilitate the transiti
HOUSTON, TX — (Marketwire) — 08/12/11 — (PINKSHEETS: PGIE) through its joint venture with as operator, has acquired a proven producing oil & gas asset. The field is located in Haskell County, Texas, and covers five leases with 11 production wells, 2 injection wells, pumper jacks, tanks, separators, tubing, rods and well equipment. PGI Energy owns 40% of the project which was purchased for an undisclosed amount of money. PGI will receive 40% of the Net 75% NRI from the monthly producti
TORONTO, ONTARIO — (Marketwire) — 08/11/11 — Metals Creek Resources Corp. (TSX VENTURE: MEK) ("Metals Creek") is pleased to announce the appointment of Patrick Mohan to the Board of Directors of Metals Creek Resources. Pat is President and CEO of the Mohan Group. Pat has worked in the marketing, advertising and promotions field for over 20 years. In 1986, he founded The Mohan Group and has been the driving force behind the growth of the company from a fledgling firm to one of the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/11/11 — China Gold International Resources Corp. Ltd. (TSX: CGG)(SEHK: 2099) (the "Company") is pleased to report on the Company-s financial and operational results for six months ended June 30, 2011. During the first half of 2011, the revenues were US$ 128.36 million with a net profit of US$ 30.92 million. During the first half of 2011, the basic earnings per share (EPS) for the Company were US$ 0.0759, and the diluted earnings per
As a result of a review by the British Columbia Securities Commission, Prophecy Coal is issuing the following press release to clarify its Q1-2011 disclosure.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/11/11 — The Board of Directors of Energold Drilling Corp. (TSX VENTURE: EGD)(FRANKFURT: X9X) (the "Company") wishes to announce the retirement effective August 11, 2011 of Mr. Richard S. Younker, CA, CMC as CFO of the Company and the appointment of Craig A. Geier, Energold-s current Vice-President of Corporate Development, to succeed him.Mr. Younker has been the CFO of the Company throughout the past six years and has assisted the si
TORONTO, ONTARIO — (Marketwire) — 08/11/11 — Terreno Resources Corp. (TSX VENTURE: TNO) ("Terreno" or the "Company") is pleased to announce that it closed its non-brokered private placement announced on July 15, 2011 and July 25, 2011, raising gross proceeds of $2,739,750 through the issuance of 18,264,997 units at a price of $0.15 per Unit (each a "Unit"). Each Unit is comprised of one common share and one half share purchase warrant. Each full purchase warran
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/11/11 — Western Copper Corporation ("Western Copper" or the "Company") (TSX: WRN)(NYSE Amex: WRN) is pleased to announce that it has been chosen to ring the opening bell at the New York Stock Exchange ("NYSE") on Monday, August 15th. This occasion is to celebrate Western Copper Corporation being listed on the NYSE Amex. The Company began trading on the NYSE Amex on February 9, 2011 under the ticker symbol "WR
The Life Cycle of a Gold Mine article series delves into the crucial business decisions that companies must make at each phase of the mining cycle in order to develop a profitable mine.
