LUXEMBOURG, LUXEMBOURG — (Marketwire) — 05/11/12 — Northland Resources S.A. (TSX: NAU)(OSLO: NAUR)(OSLO: NAUR.R)(FRANKFURT: NPK) ("Northland" or the "Company") is pleased to announce that it has received the building permit to construct the storage building in Pitkajarvi. The Kiruna Municipality Building Department issued the key permit on May 10, 2012.Northland began construction, mainly earth works related to the railroad spurs and the road at the transloading terminal
TORONTO, ONTARIO — (Marketwire) — 05/11/12 — Banro Corporation ("Banro" or the "Company") (TSX: BAA)(NYSE Amex: BAA) is pleased to announce the appointment of Mr. Colin Belshaw as Vice President, Operations of the Company, effective May 20, 2012. In this position, Mr. Belshaw will have direct responsibility for all operations, including the Twangiza mine, currently ramping up to full production, the Namoya mine which is currently in the construction phase, and other mines
CALGARY, ALBERTA — (Marketwire) — 05/10/12 — TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF) (TVI or the Company) announced today that its Philippine operating affiliate, TVI Resource Development (Phils.), Inc. (TVIRD), completed its 28th shipment of copper concentrate produced at the Canatuan mine, on May 7, 2012.The 28th shipment of 5,622 dmt of copper concentrate left the port of Santa Maria in Siocon, Zamboanga del Norte, in accordance with the off-take arrangement between TVIRD and MRI Trad
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Pretium Resources Inc. (TSX: PVG)(NYSE: PVG) ("Pretivm") is pleased to report the following highlights from the first quarter of 2012 and updates for its Brucejack Project in northern British Columbia.First Quarter 2012 Highlights and Significant Events2012 ExplorationIn late February 2012 we began mobilizing seven drills to our Brucejack Project to commence the initial phase of the 2012 Brucejack Exploration Program, which c
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Aurizon Mines Ltd. (TSX: ARZ)(NYSE Amex: AZK) is pleased to report that all of the resolutions that shareholders were asked to consider at the Annual General Meeting held in Vancouver, B.C. on May 10, 2012, were approved, including the adoption of new Articles of the Company, the effect of which was to alter the Company-s existing Articles by: (i) eliminating staggered terms of office for directors; and (ii) accommodating changes resul
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Zincore Metals Inc. (TSX: ZNC)(LMA: ZNC) ("Zincore" or the "Company") is pleased to report that it has closed a strategic investment by way of private placement ("the Offering") with FQM (Peru) Ltd. a wholly-owned subsidiary of First Quantum Minerals Ltd. ("First Quantum") (TSX: FM)(LSE: FQM).Under the terms of a binding Memorandum of Understanding ("MOU") announced May 8, 2012, First Q
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) As a result of a review by the British Columbia Securities Commission ("BCSC"), the Company is issuing this news release to clarify certain previous disclosures. On January 17, 2012, the Company issued a news release describing a feasibility study (the "Report") for a proposed mine-mouth power plant to be l
NEW YORK, NEW YORK — (Marketwire) — 05/10/12 — Electrum Strategic Resources LLC ("Electrum") announces that it acquired ownership of 8,872,033 common shares ("Shares") of NovaCopper Inc. ("NovaCopper") and warrants (the "Warrants") exercisable for an additional 5,222,879 Shares, pursuant to a plan of arrangement completed by NovaGold Resources Inc. to spinoff NovaCopper into a separate company on April 30, 2012.Electrum owns 8,872,033 Shares represent
COLORADO SPRINGS, CO — (Marketwire) — 05/10/12 — Gold Resource Corporation (NYSE Amex: GORO) today announced record results for its first quarter ending March 31, 2012, including an increase of 308% production of precious metal gold equivalent and an increase of 281% mine gross profit over the first quarter of 2011. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.Record production of 30,528 ounces precious metal gold equivalent
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") is pleased to announce that it has entered into an agreement dated May 10, 2012 with Sprott Resource Lending Corp. ("Sprott Lending") pursuant to which Sprott Lending will provide the Company with an $11 million credit facility (the "Facility"), to be applied to settle Starcore-s forward sales contracts with Investec Bank
