Posts by Marketwire - Mining and Metals:

Silvercorp Metals Inc.: Chinese law enforcement agents open criminal case to investigate creators of falsified reports

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM- News)(NYSE: SVM - News) has been advised that Chinese law enforcement agents have opened a criminal case to investigate and find the creators of false and fraudulent reports by anonymous parties such as IFRA, Alfred Little and others, attacking Silvercorp and its Chinese subsidiaries.

Eldorado to Acquire European Goldfields and Create the Leading Growth Oriented Intermediate Gold Producer

Eldorado Gold Corporation (the "Company" or "Eldorado") (TSX:ELD)(NYSE:EGO)(ASX:EAU) today announced that it has entered into a definitive agreement (the "Arrangement Agreement") with European Goldfields Limited ("European Goldfields") (TSX:EGU)(AIM:EGU) pursuant to which Eldorado has agreed to acquire all of the issued and outstanding common shares of European Goldfields by way of a plan of arrangement (the "Arrangement") under the Yukon Business Corporations Act.

NuLegacy Gold Increases Private Placement

On December 5, 2011 NuLegacy Gold Corporation (TSX VENTURE:NUG) announced the completion of an initial closing of its private placement offering of 6,932,500 units (the "Units") at price of $0.15 per Unit for gross proceeds of $1,039,875 (the "Offering"). RENO, NEVADA--(Marketwire - Dec. 13, 2011) -

Rare Earth Metals Releases New Resource Estimate for Two Tom

Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA)(PINKSHEETS:RAREF)(OTCQX:RAREF) is pleased to announce the first NI 43-101 compliant independent resource estimate for the Two Tom REE - Niobium - Beryllium Deposit at the Red Wine property, located approximately 110 kilometres northeast of Churchill Falls in west central Labrador.

Strait Gold grants Teck option to earn up to 75% in Alicia

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2011) - Strait Gold Corporation (TSX VENTURE:SRD) ("Strait Gold" or the "Company") is pleased to announce that it has signed a binding agreement (the "Agreement") with Teck Peru S.A. ("Teck Peru"), a wholly-owned subsidiary of Teck Resources Limited ("Teck"), giving Teck Peru an option to earn up to a 75% interest in the Company's Alicia copper-gold property ("Alicia" or the "Property") in Peru by spending up to $30 million on exploration at Alicia or delivering a pre-feasibility study, making $500,000 in cash option payments and exercising the warrants referred to below. TORONTO, ONTARIO--(Marketwire - Dec. 9, 2011) - Strait Gold Corporation (TSX VENTURE:SRD) ("Strait Gold" or the "Company") is pleased to announce that it has signed a binding agreement (the "Agreement") with Teck Peru S.A. ("Teck Peru"), a...

Silvercorp’s Fiscal 2012 Drilling Exploration Program Update

Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) ("Silvercorp" or the "Company") provides an update on its Fiscal 2012 exploration drilling programs on its mines and properties in China and Canada. The Company planned 244,000 meters of surface and underground drilling for its various projects for Fiscal 2012 (April 1, 2011 - March 31, 2012). As of November 30, 2011, the Company has completed a total of 523 diamond drill holes totaling 186,627 meters, which represents 76.5% of the planned drill program.