Posts by Marketwire:

Trevali announces $15 million non-brokered private placement

Trevali Mining announced that it has arranged a non-brokered private placement of up to 10,000,000 common shares at a price of CDN $1.50 per common share to raise gross proceeds of up to CDN $15.0 million (the "Offering"). Closing of the Offering is anticipated to occur on or before July 21, 2011 and is subject to receipt of all necessary regulatory approvals.
Marketwire | July 7, 2011 | 10:34 pm

BioteQ signs agreement with European engineering firm for SART project

BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, has signed an agreement with a European engineering firm to advance a cyanide regeneration and recovery project that incorporates a SART process plant to be designed and provided by BioteQ at a gold mine site in Central Asia.
Marketwire | July 7, 2011 | 7:06 pm

First Majestic Silver Corp.: another record quarter of silver production

First Majestic Silver announced that production in the second quarter of 2011 reached 1,843,830 equivalent ounces of silver, representing an 11% increase over the 1,656,165 equivalent ounces of silver produced in the second quarter of 2010. Production during the quarter consisted of 1,780,379 ounces of silver, making First Majestic's second quarter production 97% pure silver, the highest in the silver mining industry.
Marketwire | July 7, 2011 | 7:03 pm

Shear announces additional 750,000 acres in mineral rights and exploration update, Jericho Diamond Project, Nunavut

Shear Diamonds Ltd. (TSX VENTURE:SRM) today announced the acquisition of 34 newly staked claims totaling 77,250 acres contiguous with the Carat Property surrounding the Jericho Diamond Mine. This new land package provides Shear with blanket mineral rights covering existing and newly interpreted priority indicator dispersion trains. Shear's ongoing review of historical datasets has confirmed compelling evidence of undiscovered kimberlites in certain areas outside the immediate mine area with recommended ground follow up.
Marketwire | July 6, 2011 | 10:27 pm

Champion Minerals announces up to 139 metres of 52.8% total iron from the Attikamagen project

Champion Minerals announce assay results from the Attikamagen Project, which is wholly-owned by Champion and under option to Century Iron Mines Corp. ("Century Iron") and is located in north-eastern Quebec and western Labrador, near the town of Schefferville, Quebec. The 2011 winter drilling program focused on several potential taconite and direct shipping ore ("DSO")(1) targets near Hayot Lake, Quebec and Joyce Lake in western Labrador. Century Iron completed over 2,000 metres of combined diamond and reverse circulation ("RC") drilling and are continuing the current phase of drilling which is expected to be completed by December 2011.
Marketwire | July 6, 2011 | 10:15 pm

Woulfe Mining requests quotation for crushing and grinding plant at Sangdong

Woulfe Mining Corp. (TSX VENTURE:WOF)(OTCQX:WFEMF) in conjunction with Contromation Indonesia and Wardrop Engineers is proud to announce that the first design package for the ore crushing and grinding system for the Sangdong tungsten and molybdenum Project has been completed and is ready for initial quotation. The design package has been issued to reputable heavy engineering companies in South Korea for quotation.
Marketwire | July 6, 2011 | 5:44 pm
mongolia flag map mining

SouthGobi receives mining license for Soumber deposit

SouthGobi Resources announced today that the Mineral Resource Authority of Mongolia (MRAM) has issued mining license MV-016869 to its wholly-owned Mongolian operating subsidiary SouthGobi Sands LLC. The new license pertains to the resource previously disclosed by the Company under NI 43-101 standards as the Soumber Deposit.
Marketwire | July 6, 2011 | 5:18 pm
oilsands oil sands truck mining

Top 10 metals and minerals projects in Canada total $57.3bn

The Top 10 Metals & Minerals Industry projects in Canada are dominated by large-scale oil sands and metal mining projects. What was once considered a large project is being dwarfed by today's mega-projects. Projects exceeding $1 billion are no longer rare, but commonplace. Currently, there are 67 projects in Canada with a total investment value (TIV) of $1 billion or more.
Marketwire | July 6, 2011 | 3:10 pm

Southern Silver amends and increases private placement

Southern Silver Exploration reported today that it has increased its previously announced private placement (see news release NR-07-11) and now plans to issue up to 23,530,000 units in a non-brokered private placement at a price of $0.17 per unit to raise $4,000,100. Each unit will now consist of one common share and one whole share purchase warrant. Each warrant will be exercisable to purchase one additional common share for a period of two years at an exercise price of $0.22 per share.
Marketwire | July 3, 2011 | 9:49 pm