Posts by Marketwire - Mining and Metals:

Homeland Uranium Inc. to Acquire Carina Energy Inc. and Approves $275,000 Financing

Homeland Uranium Inc. ("Homeland") or (the "Company") is pleased to announce the signing of a definitive business combination agreement (the "Agreement") to acquire all issued and outstanding common shares of Carina Energy Inc. a privately held uranium exploration company with assets in Northern Ontario and a gold exploration property in southern Manitoba.

Orocobre Announces Update on Company Activities

During the past several months, the company has made substantial progress on key activities required to commence construction of commercial operations at the Olaroz Lithium-Potash project in northwest Argentina, including completion of management negotiations on investment terms of Toyota Tsusho Corporation Ltd, debt financing arrangements with Mizuho Corporate Bank Ltd and Japan Oil, Gas and Metals National Corporation (JOGMEC) and advancement of the project's approval process with the Provincial Government of Jujuy, Argentina.

B2Gold and Auryx Gold complete business combination

VANCOUVER, BRITISH COLUMBIA and TORONTO, ONTARIO--(Marketwire - Dec. 22, 2011) - B2Gold Corp. (TSX:BTO)(OTCQX:BGLPF)(PINKSHEETS:BGLPF) ("B2Gold") and Auryx Gold Corp. (TSX:AYX)(NSX:AYX) ("Auryx") are pleased to announce that they have completed the previously announced business combination (the "Transaction"). The Transaction was carried out by way of a plan of arrangement under theBusiness Corporations Act (British Columbia), which was approved by the shareholders of Auryx on December 15, 2011 and the Supreme Court of British Columbia on December 20, 2011.

Shear Announces Positive Water License NWB Decision for Jericho Diamond Mine

Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that the Nunavut Water Board ("NWB") issued a positive decision on the water license application for the Jericho Diamond Mine. TORONTO, ONTARIO--(Marketwire - Dec. 22, 2011) - Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that the Nunavut Water Board ("NWB") issued a positive decision on the water license application for the Jericho Diamond Mine. Th...

Chieftain Metals signs US$60M gold and silver purchase agreement with Royal Gold

TORONTO, ONTARIO--(Marketwire - Dec. 22, 2011) - Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX:CFB) is pleased to announce it has entered into a gold and silver purchase transaction with a subsidiary of Denver-based corporation Royal Gold, Inc. ("Royal Gold") (NASDAQ:RGLD)(TSX:RGL) to sell a portion of the precious metals stream expected to be produced at the Tulsequah Chief mine.

Eastplats increases equity interest in Lion’s Head Platinum and ownership in the Mareesburg platinum project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2011) - Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats" or the "Company") is pleased to report that it has increased its interest in the Mareesburg platinum project ("Mareesburg") as a result of purchasing a further 23% interest in Lion's Head Platinum (Proprietary) Limited ("LHP"), the entity that owns a 100% interest in Mareesburg. The consideration to be paid by Eastplats to acquire this additional interest in LHP is US$10 million and 20 million common shares of Eastplats, making the total cost to the Company approximately US$20.5 million.

Talison Lithium Concludes Negotiations for H1 CY12 Sales and Achieves a 15% Price Increase for All Products

Talison Lithium Limited ("Talison" or the "Company") (TSX:TLH) advises that it has concluded negotiations with its customers with regards to first half calendar 2012 sales. A price increase of 15% has been agreed with customers across Talison's entire product range. Approximately 75% of sales for the period have been contracted with the balance to be sold to other customers who typically contract on a shipment by shipment basis.