Posts by CNW Telbec | Mining/Metals:

Extorre Gold Mines announces C$25 million bought deal private placement financing

VANCOUVER, March 7, 2012 /CNW/ - Extorre Gold Mines Limited (AMEX: XG; TSX: XG; Frankfurt:E1R, "Extorre" or the "Company") is pleased to announce that it has entered into an agreement pursuant to which Canaccord Genuity Corp. (the "Underwriter"), has offered to purchase, on a bought deal private placement basis, 3,530,000 common shares (the "Shares") of the Company at a price of C$7.10 per Share for total gross proceeds of C$25,063,000 (the "Offering").

First Uranium provides additional clarification on unsecured debenture interest payment

TORONTO AND JOHANNESBURG, March 6, 2012 /CNW/ - First Uranium Corporation (TSX: FIU.DB) (ISIN: CA33744R1029) ("FIU" or the "Company") As previously announced on March 2, 2012, FIU entered into agreements with respect to two separate transactions providing for the sale of Mine Waste Solutions and its subsidiaries ("MWS") and its Ezulwini Gold Mine and related assets ("Ezulwini") and its intention to hold shareholder, debentureholder and noteholder meetings to approve these transactions (the "Transactions") and a reorganization of the Company.

Endeavour Mining sells 40% interest in Finkolo JV for US$20 million cash

MONACO, March 6, 2012 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR) is pleased to announce it has entered into a definitive agreement with Resolute Mining Limited ("Resolute") (ASX:RSG) for the sale and transfer of its 40% interest in the licenses and associated property comprising the Finkolo Joint Venture (the "Finkolo JV") in Mali for total consideration of $20 million in cash.

New Gold announces record financial results in 2011 with 212% increase in earnings and 23% increase in net cash generated from operations

New Gold Inc. ("New Gold") (TSX and NYSE AMEX:NGD) today announces financial and operational results for the fourth quarter and year ended 2011, with record annual earnings and cash flow. The company, once again, met its production guidance achieving record annual production of 387,155 ounces during 2011 at a total cash cost(1) per ounce sold, net of by-product sales, of $446 per ounce.

Copper Fox reports 2011 annual financial results and a corporate update

During the year, Copper Fox acquired additional mineral tenures around the Schaft Creek project, completed a large Titan-24 DCIP& MT survey, purchased shares in Liard Copper Mines, completed metallurgical test work on the mineralization from the Paramount zone and completed a 22 hole diamond drilling program of various purposes totaling 9,662.3m at Schaft Creek.