Posts by Business Wire:

U.S. Silver reports fifth consecutive year-end increase in proven and probable reserves to 23.2 million ounces of silver

U.S. Silver Corporation (TSX: USA, US OTCQX: USSID, Frankfurt: QE2) (“US Silver” or “the Company”) announces that year-end reserves have once again increased in excess of production for the fifth consecutive year. Proven and probable silver reserves are 23.2 million ounces, an increase of 1.3 million ounces of silver after replacing 2011 production.

Alliance Resource Partners, L.P. reports record quarterly results; announces development of Gibson South Mine

Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported record financial results for the quarter ended June 30, 2011 (the "2011 Quarter"). Record coal sales volumes combined with record average coal sales prices drove revenues in the 2011 Quarter to a record $457.9 million, an increase of 14.4% compared to the quarter ended June 30, 2010 (the “2010 Quarter”). ARLP also posted records in the 2011 Quarter for EBITDA, which increased 13.7% to $146.7 million; net income, which climbed 14.9% to $98.2 million; and net income per basic and diluted partner unit, which increased 12.1% to $2.04 per unit, each as compared to the 2010 Quarter.

Samco Gold files final prospectus for $25m IPO

Samco Gold’s principal business is the acquisition, exploration and development of precious metals resource properties in Argentina. The Company’s principal mineral property is the El Dorado-Monserrat epithermal gold project, located in the Deseado Massif region of Santa Cruz Province, Argentina, approximately 10 kilometres due west of the Cerro Vanguardia Mine operated by AngloGold Ashanti Limited.

Imperial signs exclusive license agreement for SANDKLENE 950

Imperial Petroleum, Inc. announced that it has purchased the exclusive rights to manufacture, distribute and use MDEChem’s patented chemical catalyst in the recovery of oil from tar sands. MDEChem will receive an upfront payment plus an ongoing royalty from sales of the product. Imperial had previously announced the formation of Arrakis Oil Recovery, LLC, a wholly-owned subsidiary, which owns licensed technology that uses SANDKLENE 950 in its oil sands recovery technology.