La Mancha’s second quarter gold production jumps 21% from the previous quarter

In its report the company highlights strong production of 30,620 ounces of gold at an average cash cost of US $766 per oz and a cash flow from operating activities of $21.2 million .

Marketwire - Mining and Metals | August 3, 2012 | 1:07 am

International Tower Hill to close CAD $24.6 million first tranche of its non-brokered private placement

International Tower Hill Mines announced that it will close the first tranche of its previously announced up to $29.6 million non-brokered private placement financing today.

Marketwire - Mining and Metals | August 3, 2012 | 12:30 am

S&B Industrial Minerals first half year 2012 financial results (IFRS)

Half year highlights include: sales increase of 4%, EBITDA up by 19% compared to the first half of 2011 and net profit increased 53% compared to the first half of 2011.

Marketwire - Mining and Metals | August 3, 2012 | 12:17 am

Osisko secondary crusher installation completed

Osisko President and CEO Sean Roosen commented: "We have made good progress at Canadian Malartic in the past three months. The completion of the secondary crusher is an important moment in the move towards the end of the Canadian Malartic ramp up phase."

Marketwire - Mining and Metals | August 3, 2012 | 12:05 am

SouthGobi Resources notified Ivanhoe Mines and Aluminum Corporation of China Limited (Chalco) agree to extend time for proportional takeover bid for SouthGobi Resources

SouthGobi Resources was notified today that Ivanhoe and Chalco have agreed to extend until September 4, 2012 for Chalco to make a proportional takeover bid for less than 56% of the common shares of SouthGobi.

Marketwire - Mining and Metals | August 2, 2012 | 12:57 pm

Allied Gold Mining announces claim filed

The company claims, among other things, $24.9 million on account of gold loss and $17.1 million on account of throughput loss arising directly from defective work carried out by GRES.

Marketwire - Mining and Metals | August 2, 2012 | 12:23 pm

Sukari gold mine resumption of operations

The illegal work stoppage as a result of labour unrest from a small percentage of the Sukari workforce has been successfully resolved with the co-operation of the Egyptian Mineral Resources Authority and the Ministry of Labour and as such work has recommenced.

Marketwire - Mining and Metals | August 2, 2012 | 12:20 pm

Silvercorp announces first quarter dividend of CAD$0.025

The company announced that its board of directors has declared its first quarter fiscal 2013 dividend of $0.025 per share to be paid on or before October 21, 2012.

Marketwire - Mining and Metals | August 2, 2012 | 2:35 am

Bison Gold Resources Inc. announces cppointment of chief financial officer

The company has announced the appointment of Mr. Chris Carmichael as chief financial officer of Bison Gold Resources. Mr. Carmichael is a certified general accountant and was the CFO of Bison Gold from 2007 to 2011.

Marketwire - Mining and Metals | August 2, 2012 | 2:30 am

Rogue Iron Ore intersects 482 meters of 40% total iron at flagship Radio Hill iron ore property

The company has intersected 482 meters of banded iron formation returning 39.9% total iron at the Radio Hill project.

Marketwire - Mining and Metals | August 2, 2012 | 2:30 am

Mundoro issues proxy circular-shareholders urged to vote their gold proxy

"The actions of the petitioner (NMI) in planning to 'hide in the weeds' until the AGM appear to be aimed at preventing all shareholders from having notice and the opportunity to vote in a proxy contest."

Marketwire - Mining and Metals | August 2, 2012 | 1:08 am

Aquila Drills 71.68 meters of 1.68 grams per tonne gold including 2.9 meters of 27.06 grams per tonne gold at Bend copper-gold deposit

Aquila reports intersects of 71.68 meters of 1.68 grams per tonne gold including 2.9 meters of 27.06 grams per tonne gold at Bend copper-gold deposit.

Marketwire - Mining and Metals | August 2, 2012 | 1:00 am

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