APM finalizes terms to acquire the Donkin coal and other North American assets of Erdene Resource Development Corp.

APM has entered into a definitive agreement to acquire Erdene Resources Inc., comprised primarily of Erdene's interest in the Donkin Coal Project in Cape Breton, Nova Scotia.

Marketwire - Mining and Metals | August 8, 2012 | 4:07 am

Debut announces phase one exploration program at Nakina project

The Ontario-based Nakina project covers a total of 85 mining claims, where Debut holds a 100% interest in 57 of the claims and has an option to earn a 70% interest in the additional 28 claims.

Marketwire - Mining and Metals | August 8, 2012 | 3:43 am

Bayport International Holdings, Inc. announces acquisition of the Sir Tidwell mining claim

Sir Tidwell is an iron ore mining claim located in Juab County, Utah. The claim was purchased from a group of private individuals for 40,000,000 restricted shares of common stock.

Marketwire - Mining and Metals | August 8, 2012 | 2:15 am

Revolution Resources announces discovery of three gold, copper, and molybdenum prospects, La Bufa project, Mexico

In the report, Revolution announces the discovery of three new high-grade gold, silver, copper and molybdenum-bearing prospects at its La Bufa Property in Mexico.

Marketwire - Mining and Metals | August 8, 2012 | 2:02 am

Teras receives gold assay results including 22.9m of 8.46 g/t and 12.2m of 13.51 g/t, with a high of 1.5m of 39.35 g/t, within 117.4m of 2.10 g/t

Assay results from its Cahuilla gold-silver Project in Imperial County, California include 22.9m of 8.46 g/t and 12.2m of 13.51 g/t, with a high of 1.5m of 39.35 g/t, within 117.4m of 2.10 g/t.

Marketwire - Mining and Metals | August 8, 2012 | 2:01 am

Tigray Reports 18.0 meters of 3.23% copper, 0.95 g/t gold, 22 g/t silver and 3.86% zinc at Mayshehagne, and 12.0 meters of 2.18 g/t gold and 68 g/t silver at Terakimti

Highlights from the Ethiopian projects include 18.0 meters of 3.23% copper, 0.95 g/t gold, 22 g/t silver and 3.86% zinc at Mayshehagne, and 12.0 meters of 2.18 g/t gold and 68 g/t silver at Terakimti.

Marketwire - Mining and Metals | August 8, 2012 | 2:00 am

Liberty Silver expands Trinity land package with acquisition of Hi Ho silver property

The agreement will have Liberty Silver provide cash consideration of $150,000 and issue 3,000,000 shares of Liberty Silver stock to Primus and grant 2% net smelter royalty on future production from the Hi Ho Properties.

Marketwire - Mining and Metals | August 8, 2012 | 1:50 am

Constantine finds horseshoe zone on trend with Lake Shore’s Fenn-Gib deposit, Ontario

The new gold showing area has been recently identified by Constantine and is located immediately west and adjacent to Lake Shore Gold's 2.1 million ounce Fenn-Gib deposit.

Marketwire - Mining and Metals | August 8, 2012 | 12:30 am

Gold Horizons Mining Co. Ltd announces their first revenues with their Angostura joint venture project

Currently processing 400 tons of mineral each month with estimated recovery of 90 ounces of gold, Horizons intends to increase monthly production to 200 ounces of gold per month.

Marketwire - Mining and Metals | August 8, 2012 | 12:28 am

Fairmont begins summer field work program at Marmion South

Trending structures identified by the 2011 geophysical survey correlate favourably with trends observed in Osisko's property to the north which had 530.6 tonnes at an average grade of 0.62 g/t gold for 10.5 million ounces.

Marketwire - Mining and Metals | August 8, 2012 | 12:25 am

Allied Nevada achieves net income of $6.1 million or $0.07 per share in Q2 2012

With Hycroft production of 30,662 ounces of gold and 208,208 ounces of silver in-line with Q2 expectations, the company achieves net income of $6.1 million or $0.07 per share in 2012.

Marketwire - Mining and Metals | August 7, 2012 | 12:51 pm

Baja Mining signs second standstill agreement with lenders

Among other requirements to keep the standstill from terminating, the Korean Consortium must acquire an additional 21% interest in MMB (for a total 51% interest) and control of MMB's board by no later than August 20, 2012.

Marketwire - Mining and Metals | August 7, 2012 | 12:18 pm

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