Posts by Marketwire - Mining and Metals:

Northern Gold Mining raises $10 million in private placement, Sprott among investors

Northern Gold Mining ("Northern Gold" or the "Company") (TSX VENTURE:NGM) is pleased to announced that it has completed a non-brokered private placement for aggregate gross proceeds of $10,870,471 subject to regulatory approval (the "Offering"). The Offering consists of the sale of 25,724,260 common shares comprised of 11,205,078 shares issued on a hard dollar basis at $0.40 per share for aggregate gross proceeds of $4,482,031, and 14,519,182 shares issued on a flow-through basis at $0.44 per share for aggregate gross proceeds of $6,388,440. Lead Investors include funds managed by Sprott Asset Management L.P.

B2Gold Corp. announces further positive exploration drill results from the Cebollati project in Uruguay

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 16, 2011) - B2Gold Corp. (TSX:BTO)(OTCQX:BGLPF)(PINK SHEETS:BGLPF) ("B2Gold" or the "Company"), is pleased to announce additional drilling results from the first exploration drill program at its newly discovered Cebollati gold project in Uruguay. B2Gold is earning an 80% interest in the property.

Rainy River resources conditionally approved to graduate to the TSX

TORONTO, ONTARIO--(Marketwire - Sept. 16, 2011) - Rainy River Resources Ltd. ("Rainy River" or the "Company") (TSX VENTURE:RR) is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX"). The listing remains subject to certain conditions including, without limitation, final approval of the TSX. Rainy River is coordinating the arrangements for listing on the TSX and de-listing from the TSX Venture Exchange. The Company will advise further about the timing of the graduation, which is anticipated to occur by early October 2011.

Carpathian receives government go-ahead to build the RDM Mine, Brazil

TORONTO, ONTARIO--(Marketwire - Sept. 16, 2011) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") is pleased to report that it has received the Ad Referendum ("AR") for the Licença Instalacao ("LI") thereby enabling it to proceed with the overall construction of its 100% owned Riacho dos Machados ("RDM") Gold Project, located in Minas Gerais State, Brazil. The Corporation will expedite the construction of the project with the targeted goal for the commencement of gold production in late 2012/early 2013 at a nominal anticipated production rate averaging + 94,000 ounces per annum for an initial eight year period.

Jayden completes earn-in for an additional 10% interest in silver coin

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 16, 2011) - Jayden Resources Inc. ("Jayden" or "the Company") (TSX:JDN)reports that it has completed the expenditure requirements to earn an additional 10% interest in the Silver Coin project, bringing the Company's ownership to 80%. Pursuant to a July 2009 agreement with JV partner Mountain Boy Minerals Ltd. ("Mountain Boy"), Jayden increased its ownership in Silver Coin to 70% with an option to acquire an additional 10% by spending $4M on the project by July 2014.

Apogee to acquire the balance of its Chilean venture

TORONTO, ONTARIO--(Marketwire - Sept. 16, 2011) - Apogee Silver Ltd. ("Apogee" or the "Company") (TSX VENTURE:APE) provides the following update with respect to its agreement with Valencia Ventures Inc. ("Valencia"). Further to previous news releases issued by the Company (October 5, 2009 and December 21, 2010), the parties have now agreed that Apogee will purchase all of Valencia's participating interest in Compania Minera Valencia Ventures – Chile Limitada ("Compania Minera"). Compania Minera holds Valencia's entire 80% participation interest in each of the Cachinal Property and the Nueva Juncal Silver Property, both located in northern Chile, (Figure 1), for an aggregate purchase price of $500,000 in cash and 3,000,000 common shares of Apogee.

Allied Nevada announces positive feasibility study for Hycroft milling expansion

RENO, NEVADA--(Marketwire - Sept. 16, 2011) - Allied Nevada Gold Corp. ("Allied Nevada", "ANV" or the "Company") (TSX:ANV)(NYSE Amex:ANV) is pleased to present the positive results of the Milling Feasibility Study (the "Study") for its wholly owned Hycroft Mine located near Winnemucca, Nevada. The information presented below summarizes production from the heap leach expansion currently in progress plus the milling expansion expected to be operational in January, 2015.

Paladin Energy Ltd.-Kayelekera mine, Malawi-production resumes after plant upgrade

PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 16, 2011) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN)is pleased to advise that uranium production has recommenced at Kayelekera as scheduled on the 12th of September following the upgrade work carried out on the plant. The benefits of the plant upgrade are clearly evident with production running in excess of 90% of capacity in the four days following the outage. On the performance being achieved the ramp-up to nameplate capacity is expected to be reached in a relatively short period of time.

Ivanhoe Australia to raise up to A$150 million net proceeds

As highlighted in today's market update "Ivanhoe Australia – Moving from Explorer to Producer", further details on expected production and costs for the Osborne Copper-Gold, Merlin, Mt Dore and Mt Elliott projects have been received by Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA) ("Ivanhoe Australia"). MELBOURNE, AUSTRALIA--(Marketwire - Sept. 15, 2011) -

Uragold Retains the Services of GENIVAR for an Environmental Audit on the Beauce Placer Gold Property

MONTREAL, QUEBEC--(Marketwire - Sept. 15, 2011) - Uragold Bay Resources Inc. (TSX VENTURE:UBR), Uragold is pleased to announce that it has retained the services of GENIVAR Inc. (GENIVAR) (TSX:GNV), one of the largest professional services firm in Canada. GENIVAR will provide Uragold with an audit of its environmental compliance in order to meet all legal requirements and obligations as it continues to explore the Beauce Placer gold property located in the municipality of St-Simon les Mines in southeastern Quebec. As part of its mandate, GENIVAR has also been instructed to handle Uragold's permitting requirements regarding the extraction of a bulk sampling of 10,000-tons of gold bearing basal till from the same location. This will allow Uragold to broaden its planned bulk-sampling program.

Trueclaim Exploration Inc. identifies significant silver zone on its Arizona property; 6.8 ounces per tonne (213 grams per tonne) over 195 feet (59.4 meters)

LONDON, ONTARIO--(Marketwire - Sept. 15, 2011) - Trueclaim Exploration Inc. ("Trueclaim") (TSX VENTURE:TRM)(OTCQX:TRMNF) recently finished a field mapping and sampling program on its Richmond Basin Property located 10 miles (16 kilometers) north of the city of Globe and two hours by road east of Phoenix, AZ.