Posts by Marketwire - Mining and Metals:

Centerra Gold Kumtor workers returning to work

Centerra Gold Inc. (TSX:CG) announced today that an agreement has been reached with the Kumtor Trade Union and that the unionized employees at Kumtor are returning to work, following a dispute regarding social fund deductions. The expected cost of the settlement for 2012 is approximately $4 million.
Marketwire - Mining and Metals | February 16, 2012 | 5:43 pm

Condor Resources Inc.: San Martin Drilling Intersects 12.1m of 63.9 g/t Ag and 6.15m of 0.54 g/t Au in Second Drill Hole

Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to announce that results of the second and third diamond drill hole at the Company's wholly-owned San Martin project in southern Peru have been received. Hole SMA-002 was located approximately 80m north of SMA-001 (see news release dated January 18, 2012), and as was the case with SMA-001, targeted the depth continuity of encouraging silver assays encountered in surface chip-channel samples.
Marketwire - Mining and Metals | February 16, 2012 | 5:06 pm

Shear Announces Final Water License Approval by Minister for Jericho Diamond Mine

Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that further to our press release dated December 22, 2011, the final approval for an eight year Type A water license has been received from the Minister of Aboriginal Affairs and Northern Development for the Jericho Diamond Mine. TORONTO, ONTARIO--(Marketwire - Feb. 16, 2012) - Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that further to our press release dated December 22, 2011, the final approval for an eight year Type A water license has been rec...
Marketwire - Mining and Metals | February 16, 2012 | 4:18 pm

High Desert Gold Corporation increases the size of its current financing to $4.7 million

High Desert Gold Corporation (TSX VENTURE:HDG)(OTCQX:HDGCF) ("HDG" or the "Company") is pleased to report that HDG and Haywood Securities Inc. have agreed to increase the size of HDG's previously announced private placement (the "Private Placement") to an aggregate size of up to 21 million units of the Company (each a "Unit") for total gross proceeds of up to approximately $4.7 million.
Marketwire - Mining and Metals | February 15, 2012 | 10:44 pm

Lake Shore Gold Confirms Large-Scale Resource for Timmins West Mine

Lake Shore Gold Corp. today announced an updated National Instrument ("NI") 43-101 resource estimate for the Company's Timmins West Mine which is located in Timmins, Ontario. The Timmins West Mine includes the TI and TC deposits. The updated resource for the Timmins West Mine includes 1,122,500 ounces Au (5,826,000 tonnes grading 5.99 gpt in the Indicated category) and 791,500 ounces Au (4,272,000 tonnes at an average grade of 5.76 gpt) in the Inferred category.
Marketwire - Mining and Metals | February 15, 2012 | 10:00 pm

Consolidated Goldfields Receives Assay Results Including 1.5m of 983 g/t Silver and 9.2m of 493.3 g/t Silver

Consolidated Goldfields Corporation ("Consolidated" or the "Company") (PINKSHEETS:CDGF) is very pleased to announce the receipt of additional assay results from its reverse circulation drill program at the Cahuilla gold-silver project in Imperial County, California. RENO, NEVADA--(Marketwire - Feb. 15, 2012) - Consolidated Goldfields Corporation ("Consolidated" or the "Company") (PINKSHEETS:CDGF) is very pleased to announce the receipt of additional assay results from its reverse circulation drill pro...
Marketwire - Mining and Metals | February 15, 2012 | 3:51 pm

LIM Signs 2012 Iron Ore Sales Agreement With IOC

Labrador Iron Mines Holdings Limited (TSX:LIM) is pleased to report that it has entered into an agreement with the Iron Ore Company of Canada ("IOC") for the sale of all of LIM's 2012 iron ore production. TORONTO, ONTARIO--(Marketwire - Feb. 14, 2012) - Labrador Iron Mines Holdings Limited (TSX:LIM) is pleased to report that it has entered into an agreement with the Iron Ore Company of Canada ("IOC") for the sale of all of LIM's 2012 iron o...
Marketwire - Mining and Metals | February 14, 2012 | 7:27 pm