Posts by Marketwire:

Estrella drills Colpayoc gold project, Peru

Estrella Gold announced it started drilling its Colpayoc gold project on June 26, 2011. Colpayoc is located 12 kilometers southwest of the Yanacocha gold mine complex, in Peru. The drill program is designed to expand the area of known mineralization at the Daylight Zone, and to test recently discovered high-grade silver and gold mineralization at the Cerro Rico Zone.
Marketwire | July 3, 2011 | 9:41 pm

Walter Energy announces resignation of Keith Calder

Walter Energy (NYSE: WLT) (TSX: WLT), a leading producer of metallurgical coal for the steel industry, announced today that Keith Calder has tendered his resignation as Chief Executive Officer and a director, effective July 31, 2011. The Board has named Board member Joseph B. Leonard to succeed Mr. Calder as Interim Chief Executive Officer at that time. Mr. Leonard served as Walter Energy's Interim Chief Executive Officer from March 2010 through March 2011. The Board has engaged Spencer Stuart to initiate a search, within Walter Energy and externally, for a permanent Chief Executive Officer.
Marketwire | July 1, 2011 | 5:58 am

Matamec announces 63,850 tonnes of indicated and 17,780 tonnes of inferred TREO at Kipawa

Matamec Explorations Inc. (TSX VENTURE:MAT) has an updated resource for the Kipawa Deposit. The indicated resources represent 76% of the total resources in the rare earths-enriched zones. The Kipawa Deposit's resources of total rare earth oxide (TREO) in the rare earths-enriched zones now stand at 63,850 tonnes in the indicated category and 17,780 tonnes in the inferred category with a cut-off of 0.3% TREOs (see the resource update sections). The heavy rare earth oxides and yttrium combine for an average of 36% of TREOs totaling 22,940 tonnes of indicated and 6,300 tonnes of inferred HREO+Y2O3.
Marketwire | July 1, 2011 | 5:51 am
finance money mining

Teck announces pricing of US$2.0 billion notes offering

Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it has priced its previously announced offering of senior unsecured notes. Teck will issue US$2.0 billion in aggregate principal amount of notes, consisting of US$300 million aggregate principal amount of 3.15% notes due 2017, US$700 million aggregate principal amount of 4.75% notes due 2022 and US$1.0 billion aggregate principal amount of 6.25% notes due 2041.
Marketwire | June 30, 2011 | 9:09 am

Royal Coal appoints Rodney Mays as COO

Royal Coal Corp. has appointed Rodney Mays as Chief Operations Officer. Mays is an experienced operations manager with 26 years of coal mining experience and strong industry knowledge. He brings to Royal Coal extensive knowledge of the Appalachian coal industry and its day-to-day operations. He was most recently Operations Manager & East Kentucky Regional Mine Manager at another public mining company that is producing at a rate of 140,000 tons per month.
Marketwire | June 29, 2011 | 9:07 pm

Uranium North announces exploration program to begin on the Nowyak, F13 and Robin properties

Uranium North Resource Corp. reports that planning for the 2011 exploration and drilling programs are underway on the company's Nowyak, F13 and Robin projects in Nunavut. Plans for the Nowyak program include prospecting and geophysical surveying followed by an August drill program. Plans for the F13 and Robin projects include detailed prospecting and geophysics to delineate targets for future drilling.
Marketwire | June 29, 2011 | 9:00 pm

Corsa Coal Corp. continues under federal jurisdiction

Corsa Coal Corp. ("Corsa") (TSX VENTURE:CSO) is pleased to announce that it has continued under the Canada Business Corporations Act as approved by Shareholders at the Annual and Special Meeting of Shareholders held on June 17, 2011. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Marketwire | June 28, 2011 | 3:04 am

Iberian Minerals reports Q1 net income of $30.2m

Iberian Minerals Corp. reported financial and operating results for the three month period ended March 31, 2011 and recorded net income of $30.16 million or $0.08 per registered share which included sales of $37.23 million, a realized loss of $58.64 million on commodity hedges and an unrealized non-cash gain of $63.08 million on derivative financial instruments outstanding.
Marketwire | June 27, 2011 | 9:00 pm

Viking Minerals reports on pre-drilling and geological mapping details of QFP dyke and mineralization at its Nevada gold and copper property

Viking Minerals commenced the review of pre-drilling and geological mapping of its South Dolly Varden gold / copper claims in Elko County, Nevada. This mapping is to facilitate a resolution of the zones of mineralization outlined by the surface geochem and rock samples and the 3,000 foot delineated coincident Induced Polarization (IP) anomaly with the intersection of the diamond drill core holes.
Marketwire | June 27, 2011 | 3:44 pm