Posts by Marketwire - Mining and Metals:

Midas Gold Announces CDN$35 Million Financing

Midas Gold Corp. ("Midas Gold" or the "Company") (TSX:MAX) today announced that it has entered into an agreement with a syndicate of underwriters, led by Haywood Securities Inc., and including Macquarie Capital Markets Canada Ltd., BMO Capital Markets, RBC Capital Markets Inc. and Desjardins Securities Inc. (collectively the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 7,900,000 special warrants (the "Special Warrants") of the Company at a price of CDN$4.45 per Special Warrant, for gross proceeds of CDN$35,155,000 (the "Offering").
Marketwire - Mining and Metals | January 24, 2012 | 2:03 pm

Cardero’s Ghanaian Partner Issued 3 Prospecting Licenses, JV Agreements Concluded and Exploration Initiated Over Sheini Hills Iron Deposits, Ghana

Cardero Resource Corp. ("Cardero" or the "Company") (TSX:CDU)(NYSE Amex:CDY)(FRANKFURT:CR5) announces that Emmaland Resources Limited, its Ghanaian joint venture partner ("Emmaland"), has received from the Government of the Republic of Ghana, through the Minister for Lands and Natural Resources (Ghana) ("Minister"), three prospecting licenses covering lands located in the Zabzugu-Tatale District in the Northern Region of the Republic of Ghana, and referred to as the Sheini Hills Iron Project (approximately 400 square kilometres in aggregate).
Marketwire - Mining and Metals | January 24, 2012 | 2:00 pm

Salmon River Arranges Debt Settlement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2012) - Further to its news release of November 27, 2011, Salmon River Resources Ltd. ("Salmon River" or the "Company") (TSX VENTURE:SAL) is pleased to announce that it has settled indebt...
Marketwire - Mining and Metals | January 23, 2012 | 9:56 pm

St. Eugene Receives Final Court Approval for Transaction with Claude Resources Inc. and Satori Resources Inc.

St. Eugene Mining Corporation Limited (TSX VENTURE:SEM) ("St. Eugene" or the "Company") announced today that the Supreme Court of British Columbia has issued a final order approving the plan of arrangement providing for the acquisition (the "Acquisition") by Claude Resources Inc. (TSX:CRJ)(NYSE Amex:CGR) ("Claude"), of all of the issued and outstanding shares of St. Eugene (that Claude does not already own).
Marketwire - Mining and Metals | January 23, 2012 | 9:53 pm

Lundin Mining Reports on Neves-Corvo Future Underground Materials Handling Study

Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) ("Lundin" or the "Company") provides a summary of the results of the initial Future Underground Materials Handling Study (the "Study") for its Neves-Corvo mining complex in southern Portugal. This conceptual level study identified and evaluated the underground materials handling and access options necessary to pursue the exploitation of the deeper Lombador copper/zinc resources as well as the Semblana copper deposit which are adjacent to the Company's Neves-Corvo mine.
Marketwire - Mining and Metals | January 23, 2012 | 9:49 pm

Reservoir Options Gold Projects From BEIG3 in the Cameroon

Reservoir Minerals Inc. ("RMC" or the "Company") (TSX VENTURE:RMC)(PINKSHEETS:RVRLF)(BERLIN:9RE) is pleased to report that it has signed an Option and Joint Venture Agreement with the Bureau d'Etudes et d'Investigations Géologico-Minières, Géotechniques et Géophysiques (BEIG3 SÀRL) ("BEIG3") to acquire 90% of two gold exploration properties: Bibémi and So'o, in the Republic of Cameroon.
Marketwire - Mining and Metals | January 23, 2012 | 9:30 pm

Barkerville Announces Closing of $24,351,424 Under Equity Financing

Barkerville Gold Mines Ltd. (TSX VENTURE:BGM)(FRANKFURT:IWUB) (the "Company") announces that it has raised a further $5,997,788.43 together with the $18,353,636.05 raised in its previously announced financing through D&D Securities Inc. and M Partners Inc. of up to $20,000,000 in units with an additional green shoe option of up to $5,000,000 in units as disclosed on December 5, 2011 as amended December 16, 2011. The Company issued 7,056,218 units at a price of $0.85 per unit.
Marketwire - Mining and Metals | January 23, 2012 | 9:18 pm

Peregrine Announces 2012 Chidliak Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2012) - Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX:PGD) has completed its analysis to determine the most efficient way to advance the 8,580 square kilometre Chidliak project ("Chidliak" or "the Project"), located 120 km from Iqaluit, Baffin Island, Nunavut, Canada. This review was prompted by the Company's opportunity to increase its interest in the Project to 100% by acquiring BHP Billiton's 51% interest, as announced on December 20, 2011.
Marketwire - Mining and Metals | January 23, 2012 | 1:20 pm

Denison announces start of 2012 drilling program at Wheeler River

TORONTO, ONTARIO--(Marketwire - Jan. 23, 2012) - Denison Mines Corp. (TSX:DML)(NYSE Amex:DNN) ("Denison" or the "Company") is pleased to announce that the 2012 winter drill program has begun at its 60% owned Wheeler River project located in the Athabasca Basin region of Northern Saskatchewan. This program is one of six drill programs Denison has planned this winter in the Athabasca Basin.
Marketwire - Mining and Metals | January 23, 2012 | 1:00 pm