Highlights – Cairn Hill cash costs reduced by 10% – Margin of $10 – 20/t forecast for Q2 – Exporting volumes remaining above nameplate capacity – Debt drawn reduced by over 40%
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/22/12 — EastCoal Inc. (TSX VENTURE: ECX) (the "Company" or "EastCoal") is pleased to announce that the commissioning of the new wash plant at the Menzhinsky Coal Mine in Ukraine ("Menzhinsky Mine") is complete. The wash plant is currently ramping up to full production, which is expected to take until the end of October. At this time, it is expected that the wash plant will be processing in excess of 175,000 tonnes
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/22/12 — Sandstorm Gold Ltd. (TSX VENTURE: SSL) will release its 2012 third quarter results on Thursday, October 25, 2012, after market close.A conference call will be held on Friday, October 26, 2012 starting at 8:30am PDT to further discuss the third quarter results. To participate in the conference call use the following dial-in numbers:Local/International: 647-788-4916North American Toll-Free: 877-214-4966It is recommended that participants
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/22/12 — Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company") announces that its wholly-owned subsidiary, Minera Xochipala S.A. de C.V. ("MX") has been served with notice of an "amparo" petition seeking to overturn the registration to MX by the Mexican Public Registry of Mining (the "PRM") of an interest in the Celia Gene and Celia Generosa mineral concessions (the "Xochipala
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/22/12 — Petaquilla Minerals Ltd. ("Petaquilla" or the "Company") (TSX: PTQ)(OTCBB: PTQMF)(FRANKFURT: P7Z) announced today that the National Authority of Land Administration ("ANATI") of the Government of Panama issued Resolution No. ADMG-026 dated October 18, 2012, denying certain requests by Minera Panama, S.A. ("MPSA"), a subsidiary of Inmet Mining Corporation, relating to Petaquilla-s concession right
TORONTO, ONTARIO — (Marketwire) — 10/22/12 — NORTHFIELD METALS INC. ("Northfield" or the "Corporation") is pleased to announce the closing of the second and final tranche of a private placement financing, previously announced on September 10, 2012, resulting in the issue of an additional 675,000 common shares in the capital of the Company at $0.20 per common share for additional gross proceeds of $135,000.All of the securities issued pursuant to the private placement fin
RICHMOND HILL, ONTARIO — (Marketwire) — 10/22/12 — MBMI RESOURCES INC. ("MBMI" or the "Company") (TSX VENTURE: MBR) announces the grant of a total of 1,300,000 options to purchase common shares of the Company to officers and directors of the Company. Each option is exercisable at a price of $0.10 per share for a five year term. Half of the options granted vest immediately, while the remaining half vest on July 22, 2013.Resignation of DirectorMr. Anthony Ho has resigned a
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/22/12 — Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V) -Claims Acquisition. Management is pleased to report that it has entered into an agreement to purchase a 100% interest in nine claims, 52 claim units (832 Ha), contiguous to the Company-s properties in the Shinning Tree and Timmins South mining camps, Ontario for a consideration of 200,000 common shares in the Company which are subject to a four month trading hold pe
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