Prophecy Platinum clarifies and restates certain disclosure

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2011) - Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) reports that as a result of a review by the British Columbia Securities Commission (BCSC), it is issuing the following news release to clarify, retract, restate and update certain of its previously issued technical reports, investor relations presentations and disclosures on its website www.prophecyplat.com.

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Marketwire - Mining and Metals | September 20, 2011 | 12:30 pm

Cream Minerals announces completion of 20,000 metre drill program, Nuevo Milenio silver-gold project, Nayarit State, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2011) - Cream Minerals Ltd. (TSX VENTURE:CMA)(OTCBB:CRMXF)(FRANKFURT:DFL) ("Cream" or the "Company") is pleased to announce the successful completion of 20,200 metres of diamond drilling at the Nuevo Milenio silver-gold project located in Nayarit State, Mexico. The Nuevo Milenio is a low sulphidation, epithermal precious metal prospect containing silver-gold mineralization in quartz vein - quartz stock work zones hosted within a collapsed caldera. Nuevo Milenio contains a NI 43-101 compliant Inferred Mineral Resource of 54.6 million ounces silver equivalent contained within 5.09 million tonnes. The average silver grade is 251 g/t and the average gold grade is 1.66 g/t (see page 3). Metal prices employed were USD $10.28 per ounce silver and USD $816.09 per ounce gold. A cut-off grade of USD $45.00 per tonne or 131 g/t silver equivalent was used.

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Marketwire - Mining and Metals | September 20, 2011 | 12:30 pm

Sunridge Gold Completes Drilling Program and Reaches 50% Ownership at the Besakoa Copper-Zinc-Gold Project, Madagascar

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 19, 2011) - Sunridge Gold Corp. (TSX VENTURE:SGC)(OTCQX:SGCNF) announces that the initial 5,000 metre diamond drill program on the Besakoa copper/zinc/gold volcanogenic-massive-sulphide (VMS) project in Madagascar is now complete. Core samples have been shipped to the laboratory and assay results are expected next month.

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Marketwire - Mining and Metals | September 19, 2011 | 12:00 pm
Oyu Tolgoi: Mongolia tosses ball into Rio's court

Deal to build the world’s richest coal mine collapses

The China Post reports Mongolia's National Security Council has rejected a deal struck with foreign firms to develop the western block of Tavan Tolgoi in the South Gobi desert, the world’s largest deposit of high-quality coking coal used in steelmaking. Metallurgical coal has been trading at record levels of $330/tonne this year and the news is a blow to US mining giant Peabody Energy, China's Shenhua and a Russian-Mongolian consortium that were announced as winners in July. At the time the losing bidders from Brazil, India and South Korea were smarting and Japan went so far as to call the bidding process 'extremely regrettable'. Mongolia was hoping to privatize its Erdenes Tavan Tolgoi coal-mining company which controls the remainder of the 6 billion tonne resource for $3 billion next year.

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Frik Els | September 18, 2011 | 12:01 am

Western Africa sees $36.2 billion mining rush, an Industrial Info News Alert (MRW)

SUGAR LAND, TX -- (MARKET WIRE) -- 09/16/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- The international commodities boom, fueled by Asia's growing economies, has caused a mining rush to Western Africa -- a modern-day equivalent of the California gold rush of the 1800s. Many mining companies are looking to Western Africa, where there is still an abundance of undeveloped natural resources, such as gold, uranium, bauxite, iron ore and mineral sands, to obtain exploration and production contracts.

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AlphaTrade Finance | September 16, 2011 | 12:53 pm

Apogee to acquire the balance of its Chilean venture

TORONTO, ONTARIO--(Marketwire - Sept. 16, 2011) - Apogee Silver Ltd. ("Apogee" or the "Company") (TSX VENTURE:APE) provides the following update with respect to its agreement with Valencia Ventures Inc. ("Valencia"). Further to previous news releases issued by the Company (October 5, 2009 and December 21, 2010), the parties have now agreed that Apogee will purchase all of Valencia's participating interest in Compania Minera Valencia Ventures – Chile Limitada ("Compania Minera"). Compania Minera holds Valencia's entire 80% participation interest in each of the Cachinal Property and the Nueva Juncal Silver Property, both located in northern Chile, (Figure 1), for an aggregate purchase price of $500,000 in cash and 3,000,000 common shares of Apogee.

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Marketwire - Mining and Metals | September 16, 2011 | 12:00 pm

Allied Nevada announces positive feasibility study for Hycroft milling expansion

RENO, NEVADA--(Marketwire - Sept. 16, 2011) - Allied Nevada Gold Corp. ("Allied Nevada", "ANV" or the "Company") (TSX:ANV)(NYSE Amex:ANV) is pleased to present the positive results of the Milling Feasibility Study (the "Study") for its wholly owned Hycroft Mine located near Winnemucca, Nevada. The information presented below summarizes production from the heap leach expansion currently in progress plus the milling expansion expected to be operational in January, 2015.

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Marketwire - Mining and Metals | September 16, 2011 | 11:30 am