Posts by Marketwire - Mining and Metals:

Teck Recommends That Shareholders Reject "Mini-Tender Offer" by TRC Capital

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2011) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation ("TRC") to purchase up to 3.0 million Class B subordinate voting shares of Teck, representing approximately 0.5 percent of Teck's outstanding Class B subordinate voting shares.

Rio Alto Announces Option Grant

Rio Alto Mining Limited (TSX VENTURE:RIO)(OTCQX:RIOAF)(BVLAC:RIO)(DBFrankfurt:MS2) ("Rio Alto" or the "Company") announced today that, subject to regulatory approval, it has granted a total of 3,990,000 options to purchase common shares of Rio Alto to the directors, officers, consultants and employees of Rio Alto, in accordance with the Corporation's stock option plan.

PHI Group to Acquire Indonesian Coal Assets

PHI Group, Inc. (PINKSHEETS: PHIE) (OTCQB: PHIE), a company engaged in energy and natural resources, real estate development, and M&A advisory services, announced today that it has signed a letter of intent to acquire coal mine assets from PT Bindakar, an Indonesian corporation with headquarters in Riau Province, Indonesia.

Fission Energy Corp. completes $10 million bought deal private placement

KELOWNA, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2011) - FISSION ENERGY CORP. (TSX VENTURE:FIS)(OTCQX:FSSIF) ("Fission" or the "Company") is pleased to announce that, further to its press release dated October 27, 2011, the Company has now completed the previously announced private placement of 11,800,000 flow-through common shares (the "Flow-Through Common Shares") at a price of $0.85 per Flow-Through Common Share for total gross proceeds of $10,030,000 (the "Private Placement"). The Private Placement was conducted on a bought deal basis by a syndicate of underwriters led by Dundee Securities Ltd. and including National Bank Financial Inc., Raymond James Ltd., Primary Capital Inc. and Versant Partners Inc. (the "Underwriters").

Indicator Minerals Proposes Name Change and Share Consolidation

-Indicator Minerals Inc. ("Indicator" or, the "Company") (TSX VENTURE:IME) today announced that it is proposing a name change and a consolidation of its issued and outstanding common shares. The Company is proposing to change its name from Indicator Minerals Inc. to Bluestone Resources Inc. The consolidation of Indicator's issued and outstanding common shares will be implemented on the basis of one post- consolidation share for up to twenty pre-consolidation shares.

Micrex Development Corp.: Deadwood Gold/Silver Mine Update

Micrex Development Corp. (TSX VENTURE:MIX) is pleased to announce that it has contracted Geotech Ltd. of Aurora, Ontario to complete a helicopter-borne VTEM electromagnetic and magnetic geophysical survey of the Deadwood-Sunburst Property, New Mexico, which covers the historic Deadwood Mine and surrounding area. CALGARY, ALBERTA--(Marketwire - Nov. 17, 2011) - Micrex Development Corp. (TSX VENTURE:MIX) is pleased to announce that it has contracted Geotech Ltd. of Aurora, Ontario to complete a helicopter-borne VTEM electromagnetic and magnetic geop...

Woulfe Mining buys out royalty and moves to 100% ownership of Sangdong project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2011) - Woulfe Mining Corp. (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) ("Woulfe" or the "Company") is pleased to announce that it has negotiated the purchase of the 2% net smelter royalty retained on the Sangdong tungsten-molybedenum project in South Korea from the vendor, Se Woo Mining Co. Ltd., for CDN$3.5 million, of which $500,000 was paid on execution of the agreement and the balance of which is payable by December 19, 2011.