Indico announces amendment to private placement

Indico has amended the terms of the non-brokered private placement announced on July 10, 2012. The company will now be issuing up to 25,000,000 units at a price of $0.12 per Unit for gross proceeds of $3.0 million

Marketwire - Mining and Metals | July 30, 2012 | 1:12 am

Teck announces notes offering

The senior notes, guaranteed by Teck Metals, are to generate proceeds, in addition to cash on hand, to fund the redemption of all of its outstanding 10.25% senior notes due 2016.

Marketwire - Mining and Metals | July 30, 2012 | 1:02 am

Merrex releases updated resource estimate for Siribaya gold project

The project, a joint venture between Merex and IAMGOLD, is located in Mali and is in its exploratory stages.

Marketwire - Mining and Metals | July 30, 2012 | 1:00 am

Stakeholder drills Ballarat gold property in White Gold district, Yukon

The drilling will test two strong gold-in-soil anomalies; the southern anomaly is defined with maximum values up to 796 parts per billion gold. It is expected that the drill program will be fully completed by August 15, 2012.

Marketwire - Mining and Metals | July 30, 2012 | 12:59 am

Class action commenced against Baja

Mr. Sue-Tang seeks: a declaration that Baja made misrepresentations contrary to the securities act during, general and special damages in the amount of $250 million, punitive damages in the amount of $10 million, interest and costs.

Marketwire - Mining and Metals | July 27, 2012 | 6:19 pm

Nord’s HRG offer still too low

I fully expect the committee to come out and endorse the offer from Nord and to recommend HRG shareholders accept the offer in one of its forms the valuation to come in around the offer price of $1.18B value (840M shares times $1.40).

Marketwire - Mining and Metals | July 27, 2012 | 4:11 pm

Avino Silver & Gold Mines Ltd.: resume trading

Avino Silver & Gold's shares will resume trading on Monday morning, July 30, 2012 on both TSX Venture and NYSE-MKT. The cease trade order was revoked by the British Columbia Securities Commission on July 25, 2012.

Marketwire - Mining and Metals | July 27, 2012 | 2:39 am

Peak Resources announces $5.5 million private placement

The company sold approximately 32.3 million units at $0.17 per share. Existing shareholders in Peak will be provided with the opportunity to subscribe for up to $15,000 worth of shares under a share purchase plan capped at $2.0 million.

Marketwire - Mining and Metals | July 27, 2012 | 2:00 am

Eldorado Gold announces dividend payment of CDN $0.06 per share

The board of directors of Eldorado Gold Corporation declared that the company will pay an eligible dividend of CDN$0.06 per common share on August 24, 2012.

Marketwire - Mining and Metals | July 27, 2012 | 1:59 am

Gowest completes acquisition of 100% interest in additional mining claims contiguous to the North Timmins gold project

The company has completed its previously announced acquisition of the Tully East Guidoccio property contiguous to the Company's North Timmins Gold project.

Marketwire - Mining and Metals | July 27, 2012 | 1:51 am

Klondike Gold Corp.: joint venture sets stage for placer gold production on Indian River project

As part of the joint venture agreement, Klondike Gold will provide the property and an extensive exploration database, while 46799 Yukon Inc. will provide the equipment and initial capital to the joint venture.

Marketwire - Mining and Metals | July 27, 2012 | 1:38 am

Sienna Gold Inc. announces closing of $2,011,300 financing

The company announced that it has completed its previously announced private placement financing of $2,011,300 through the sale of 7,746,571 units at $0.35 per unit.

Marketwire - Mining and Metals | July 27, 2012 | 1:35 am

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