Stornoway arranges a $20 million unsecured debt facility for Renard diamond project pre-development work

Matt Manson, Stornoway's President and CEO, stated: "This financing announcement is another important milestone in the development of Quebec's first diamond mine. This loan will provide Stornoway with good funding flexibility as we begin the ramp-up to the capital programs anticipated at Renard in 2013 and 2014.

Marketwire - Mining and Metals | May 4, 2012 | 1:21 pm

Crocodile Gold completes acquisition of Fosterville and Stawell mines from Aurico Gold

The consideration now consists of an initial payment to AuRico of C$65 million on closing, comprised of C$55 million in cash and C$10 million in Crocodile Gold common shares.

Marketwire - Mining and Metals | May 4, 2012 | 10:27 am

Torex Announces Measured and Indicated Resource of 4.8 Million Ounces of Gold at Morelos

Torex Gold Resources Inc. (the "Company" or "Torex") (TSX:TXG) is pleased to announce an updated National Instrument ("NI") 43-101 compliant measured and indicated mineral resource estimate ("M & I") of 4.8 million ounces of gold at its 100% owned Morelos Gold Project in Mexico.

Marketwire - Mining and Metals | May 4, 2012 | 10:00 am

New Guinea Gold announces management cease trade order and provides default status report

As a result of the Company's delay in making the Annual Financial Filings, on May 1, 2012, the BCSC issued the MCTO which imposes restrictions on all trading in and all acquisitions of securities of the Company.

Marketwire - Mining and Metals | May 2, 2012 | 12:02 am

Allana Announces Mineral Resource Update: Measured+Indicated Mineral Resources Increase by Over 90%

The measured and indicated mineral resource estimate totals 1,297,529,000 tonnes with an average grade of 19.32 % KCl, representing approximately 250 million tonnes of KCl.

Marketwire - Mining and Metals | April 30, 2012 | 9:01 pm

Randgold aids north Mali

Humanitarian funds raised by Randgold Resources chief executive Mark Bristow's trans-African motorcycle safari in 2010 have been used to make a food donation to people in the north of Mali, which has been afflicted by an uprising by Touareg rebels.

Marketwire - Mining and Metals | April 27, 2012 | 10:14 am

BioteQ and NWM Mining settle lawsuit

BioteQ Environmental Technologies, Inc. (TSX:BQE), a leader in the treatment of industrial wastewater, announces that the Company has agreed to settle its legal action against NWM Mining (NWM) for unpaid lease payments relating to a treatment plant built at NWM's Mexican mine site.

Marketwire - Mining and Metals | April 26, 2012 | 9:05 pm

Xstrata Coal seeks operating partner for Donkin Coal interest

Xstrata Coal Donkin Management Limited ("Xstrata Coal") and Erdene Resource Development Corp. ("Erdene") (TSX:ERD.TO -News) today announced that Xstrata Coal is seeking an operating coal company to assume its interest in the Donkin Coal project ("Project").

Marketwire - Mining and Metals | April 26, 2012 | 7:45 pm

Abcourt Mines Inc.: 43-101 Update Report on Elder and Tagami Gold Resources Shows A Substantial Increase

Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX VENTURE:ABI)(BERLIN:AML)(FRANKFURT:AML) (the "Company"), is pleased to announce that a 43-101 update report on the Elder mine and Tagami property, gold resources, prepared by Mr. Jean-Pierre Bérubé, P. Eng., geological consultant, shows a substantial increase.

Marketwire - Mining and Metals | April 25, 2012 | 9:03 pm

Greenpeace Co-Founder Patrick Moore to Speak at Annual Student-Industry Mineral Exploration Workshop in Sudbury

TORONTO, ONTARIO--(Marketwire - April 25, 2012) - Patrick Moore, Greenpeace co-founder and author of Confessions of a Greenpeace Dropout: the Making of a Sensible Environmentalist, will give the keynote address on May 18, 2012, at the Pros...

Marketwire - Mining and Metals | April 25, 2012 | 3:31 pm

Detour Gold Reaches 60% Construction Completion at Detour Lake

Detour Gold Corporation (DGC.TO - News) ("Detour Gold" or the "Company") reports on the construction progress of its 100% owned Detour Lake open pit gold mine in northeastern Ontario. 

Marketwire - Mining and Metals | April 24, 2012 | 3:42 pm

Manitou Gold consolidates past producing mines in Goldrock area

This acquisition marks the first time that all three of these highly prospective properties located within the historical Goldrock mining camp have been consolidated under a single operator.

Marketwire - Mining and Metals | April 24, 2012 | 3:39 pm

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