VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/16/13 — Turquoise Hill Resources (NYSE: TRQ)(NASDAQ: TRQ)(TSX: TRQ) today provided an update on Oyu Tolgoi, project financing and financial and production guidance for 2014.On December 12, 2013, the Oyu Tolgoi LLC Board unanimously approved the 2014 operating budget. This is an important step in preparation for the mine-s first full year of operations.In 2014 production from Oyu Tolgoi is expected to be 150,000 to 175,000 tonnes of copper in
TORONTO, ONTARIO — (Marketwired) — 12/16/13 — Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") announces its slate of nominees to the Board of Directors (the "Board") for election at the annual general and special meeting (the "Meeting") of its shareholders to be held on January 16, 2014. The current four Board members, Mr. Farhad Abasov, Mr. Lewis MacKenzie, Mr. Richard Lacroix and Dr. Mark Stauffer will seek re-election and M
TORONTO, ONTARIO — (Marketwired) — 12/16/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to announce certain financial and operating results for the fiscal 2014 second quarter ended November 30, 2013 ("Q2"). The Company sold 3,852 ounces of gold and generated $5,299,446 in revenue at Pine Cove at an average sales price of $1,376 per ounce. The Q2 sales volume was 21% greater than Q2 of fiscal 2013; while the Q2 revenue was 2% les
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/16/13 — Timmins Gold Corp. (TSX: TMM)(NYSE MKT: TGD) is pleased to report that it has agreed with Sprott Resource Lending Partnership (the "Lender") to an extension to the term of its existing $18 million credit facility. The extension is subject to final documentation.The new credit agreement will have a term of 12 months from January 1, 2014. Interest will be payable at the rate of 9% per annum. Payment of the principal amount out
BRISBANE, AUSTRALIA — (Marketwired) — 12/15/13 — Orocobre Limited (TSX: ORL)(ASX: ORE) ("Orocobre" or "the Company") is pleased to announce that Deutsche Bank AG Australia and New Zealand ("Deutsche Bank") has initiated analyst coverage on the Company.Deutsche Bank joins seven other brokers Patersons Securities Limited, Canaccord Genuity (Australia) Limited, GMP Securities Pty Ltd, Blackswan Equities Ltd, Cormark Securities Inc., Dundee Securities Ltd and Byron
IMX-s existing rail and port access means a hematite discovery could be brought into production quickly and efficiently
TORONTO, ONTARIO — (Marketwired) — 12/15/13 — Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME)(OTCQX: XMTTF). Alexander Stewart, Chairman and CEO is pleased to announce that Xmet-s Board of Directors has appointed Stephen Stewart as President of Xmet. Stephen will also joined the Board of Directors which now consists of seven members.Stephen has nearly 15 years of experience in the resource and finance industries where he has evaluated and successfully raised capit
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/13/13 — Wolf Wiese, CEO of Super Nova Minerals Corp. (CNSX: SNP)(OTC: SNOVF) (the "Company" or "Super Nova"), reports that the Company has decided not to proceed with the Elk Hills Project (see news release of August 22nd, 2013). The Company is negotiating with certain parties on an alternative oil project in Montana.On behalf of the Board of Directors:SUPER NOVA MINERALS CORP.Wolf Wiese, President/ Chief Executive Officer
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/13/13 — SilverCrest Mines Inc. (TSX VENTURE: SVL)(NYSE MKT: SVLC) (the "Company") announces the grant of stock options to directors, officers, employees and consultants to purchase an aggregate of 2,735,000 common shares of the Company at an exercise price of $1.68 per share for a term of 5 years. One quarter of these options vest on the date of grant and a further one-quarter will vest every six months thereafter.SilverCrest Mines
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/13/13 — True Gold Mining Inc. (TSX VENTURE: TGM) ("True Gold" or the "Company") announces that Mr. C. Noel Dunn has stepped down as a director of the Company following his departure from Liberty Metals & Mining Holdings, LLC ("Liberty"). Mr. Dunn joined the True Gold Board as Liberty-s nominee director in connection with Liberty-s acquisition of a 19.95% interest in True Gold in July 2013. Liberty is entitled
