Tara Minerals acquires 100% of Champinon iron ore property

The property, situated in Mexico, was purchased for $2.1 million. Under this acquisition agreement the previous royalty of $5 a tonne has been eliminated.

Marketwire - Mining and Metals | June 26, 2012 | 5:22 am

Victoria Gold working capital update

After closing the sale of the Cove McCoy property to provide working capital, Victoria Gold announces their capital balance sheet.

Marketwire - Mining and Metals | June 26, 2012 | 3:55 am

Teck receives regulatory approval for renewal of share buy-back program

Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares.

Marketwire - Mining and Metals | June 25, 2012 | 11:54 pm

North American Tungsten Corporation Ltd.: Cantung mine back in production

Stephen Leahy, Chairman & CEO, stated: "Having three bridges installed and functioning in just over a week's time is an exceptional accomplishment. 

Marketwire - Mining and Metals | June 25, 2012 | 10:35 pm

Midway Gold announces unit offering

While the price and number of units to be offered has not yet been determined, the proceeds will be used to pay for administrative fees and increase working capital.

Marketwire - Mining and Metals | June 25, 2012 | 8:20 pm

El Tigre Silver Corp. announces closing and extension of private placement

The proceeds from the Private Placement will be used to further work on the tailings recovery project, continue exploration on the El Tigre Property and for general working capital purposes.

Marketwire - Mining and Metals | June 25, 2012 | 7:25 pm

PC Gold intersects 5.81 g/t over 2.70 metres including 13.35 g/t over 1.00 metre in the No. 23 vein zone

Highlights of its No. 23 vein zone include a sample of: 5.81 g/t gold over 2.70 metres from 182.40 to 185.10 metres including 13.35 g/t gold over 1.00 metre.

Marketwire - Mining and Metals | June 25, 2012 | 1:29 pm

Prophecy Platinum arranges $11.25 million non-brokered private placement

The company is intending to sell 5 million units at $2.25 a share, proceeds of the placement intended to advance its flagship property in Canada's Yukon Territory.

Marketwire - Mining and Metals | June 25, 2012 | 12:03 pm

Scorpio Gold drilling intersects 10.67 metres grading 8.25 g/t hold on Oromonte Zone, Mineral Ridge project

Initial results show 'significant' gold intersects at the company's Mineral Ridge project in Nevada.

Marketwire - Mining and Metals | June 25, 2012 | 12:00 pm

Cardero maintains it followed best business practices regarding acquisition of the Sheini Hills iron ore project, Ghana

Cardero works with RCMP and begins private investigation after allegations that it used improper business practices to secure iron ore concessions in Ghana.

Marketwire - Mining and Metals | June 25, 2012 | 12:00 pm

New Pacific Metals Corp. announces share repurchase program

The Canadian-based company intends to repurchase up to 5,000,000, representing 7.4% of the company, million common shares from June 27, 2012 to June 26, 2013.

Marketwire - Mining and Metals | June 25, 2012 | 12:00 pm

Alexco Reports Bellekeno production back online after wildfire disruption

On Friday a lightning strike triggered a wildfire two kilometers from Keno City and the Bellekeno mill facility. The wildfire was contained by Yukon Wildland Fire Management with the assistance of Alexco personnel and operations at the mine and mill commenced Saturday.

Marketwire - Mining and Metals | June 25, 2012 | 11:40 am

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