Resumption of construction at mine site will end consideration of potential workforce retrenchments
NEW YORK, NY — (Marketwired) — 11/05/14 — Applied Minerals, Inc. (OTCQB: AMNL) (OTCBB: AMNL) is pleased to announce that it has closed $12,500,000 of financing through the private placement of $19,848,486 10% PIK Election Convertible Notes due 2018 ("Notes") with a strike price of $0.92. The Notes are mandatorily convertible by the Company after the second anniversary of their issuance, if certain conditions are satisfied. Additionally, under certain conditions, the Company has an
TORONTO, ONTARIO — (Marketwired) — 11/05/14 — Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE: ALR) has completed a metallurgical study program on the 8 million tonne inferred mineral resource stockpile and the gold-, copper- and silver-bearing tailings on its Rosita project in Nicaragua. In conjunction with the new metallurgical results, Alder has also completed an in-house conceptual production scenario study of a copper only recovery option using a sulfur
Revenues increased by 39% compared to same period last year All figures are in Canadian dollars except where noted.
Investor Conference Call to Be Held 11:00 AM EST Wednesday November 12, 2014
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/05/14 — Excelsior Mining Corp. (TSX VENTURE: MIN)(FRANKFURT: 3XS)(OTCQX: EXMGF) ("Excelsior" or the "Company") is pleased to announce that the metallurgical drill program has ended successfully at the Gunnison Copper Project in Arizona.Ten (10) diamond-drill holes were completed totalling 5,899 feet of diamond drilling (11,306 feet in total drilling). Excelsior has submitted a total of 23 samples for metallurgical testing.
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 11/05/14 — Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas) — Sasol (NYSE:SSL) (Johannesburg, South Africa) says it will push ahead with an $8.1 billion , which will consist of a 1.5 million ton-per-year ethane cracker and six chemical manufacturing plants near its existing plants in Westlake, Louisiana.Within this article: Details of the Louisiana ethane cracker and petrochemical plants
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/05/14 — Alexco Resource Corp. (NYSE MKT: AXU)(TSX: AXR) today announced results from the 2014 resource extension drilling program at its Bermingham deposit in the Keno Hill Silver District in Canada–s Yukon Territory. The Bermingham deposit, which has a current indicated resource of 3.8 million ounces of silver and a current inferred resource of 1.2 million ounces of silver, is located approximately five kilometers east of the Flame & Mo
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/05/14 — Aegean Metals Group Inc. (TSX VENTURE: AGN) (FRANKFURT: A91) ("Aegean" or the "Company") and Mariana Resources Limited (AIM: MARL) ("Mariana") are pleased to announce the signing, as of November 4th, 2014, of an arrangement agreement (the "Arrangement Agreement") pursuant to which, and in accordance with the Business Corporations Act (British Columbia), Mariana will acquire all of the issued and
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/04/14 — MAX Resource Corp. (TSX VENTURE: MXR)(OTCBB: MXROF)(FRANKFURT: M1D) has re-assayed the two drill holes from East Manhattan Wash ("EMW") announced September 12 2014 using a different laboratory as well as a 1000 gram split from the reject in order to verify the results previously announced. The original assays, which were conducted on 250 gram splits, showed high variability at grades greater than approx. 0.1 ppm, therefore 1
