Osisko Mining reports 39% higher grade than resource model at Windfall Lake

Cameco (NYSE:CCJ) announced on Wednesday that it signed signed a memorandum of agreement with its partner, Kazatomprom, to increase annual uranium production at the Joint Venture Inkai Limited Liability Partnership (JVI) from 3.9 million pounds to 5.2 million pounds. The Inkai in-situ recovery uranium mine and processing plant is located in central Kazakhstan and is operated by JVI, 60% owned by Cameco and 40% owned by Kazatomprom, the Kazakhstan government owned national atomic company. Under the memorandum of agreement, Cameco's share of Inkai's annual production will be 2.9 million pounds with the processing plant at full capacity.

Al Gore's latest blog entry reads: The leaders of the top environmental groups in the country, the Republican Governor of Nebraska, and millions of people around the country – including hundreds of people who have bravely participated in civil disobedience at the White House – all agree on one thing: President Obama should block a planned pipeline from the tar sands of Alberta to the Gulf of Mexico. The tar sands are the dirtiest source of fuel on the planet...

Quebec minnow Century Iron Mines (CVE:FER) said Wednesday that China's Wuhan Iron and Steel (WISCO) will invest $120 million over two years in three joint ventures to explore and develop the company’s Duncan Lake, Attikamagen and Sunny Lake projects in Quebec. The joint venture agreement was signed on Tuesday in Beijing with the premier of Quebec in attendance. Century Iron hardly trades but on Wednesday the company enjoyed a tenfold increase in volumes on the Toronto exchange with 44,000 shares exchanging hands. It ended the day flat at $2.60 with a market value of less than $1 million.

Nautilus Minerals (TSX:NUS)(AIM:NUS) is to raise approximately US$100 million (C$98.1 million*) through a private placement of common shares to fund the development of its first project, Solwara 1, in the Bismarck Sea of Papua New Guinea. The placing will involve the issue of approximately 39 million shares to a number of investors at a price of CAD$2.52 (US$2.58) per share. Nautilus President and CEO Steve Rogers said the private placement would provide funds for the construction of the seafloor resource production system, which initially will be deployed at Solwara 1 – the company's first deepwater copper and gold project.

Actress Daryl Hannah was arrested Tuesday during a sit-in in front of the White House protesting a pipeline expansion project that would significantly increase the amount of oil the United States imports from Canada’s controversial Alberta oil sands. Image from Вени Марковски

MONTREAL, QUEBEC--(Marketwire - Aug. 31, 2011) - Osisko Mining Corporation ("Osisko")(TSX:OSK)(FRANKFURT:EWX) is pleased to announce that it has entered into an agreement with Caterpillar Financial ("Cat Financial") to increase its equipment leasing facility by US $56.3 million. The facility will be used to acquire additional mobile mining equipment fleet to develop the Canadian Malartic Mine and the Barnat gold deposit.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2011) - BCGold Corp. (TSX VENTURE:BCG)(PINK SHEETS:BCGOF) (the "Company") is pleased to announce that it has closed the first tranche of its private placement previously announced on July 11, 2011. The Company has raised $1,472,440 through the issuance of 2,660,000 of non-flow through units (the "NFT Units") at a price of $0.10 per NFT Unit and 10,053,663 flow through units (the "FT Units") at a price of $0.12 per FT Unit.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2011) - Spanish Mountain Gold Ltd. (the "Company") (TSX VENTURE:SPA) is pleased to announce the commencement of a Pre-Feasibility Study ("PFS") for the Spanish Mountain Gold Project (the "Project"). The PFS will refine the estimates of capital and operating costs that were the basis for the Preliminary Economic Assessment (PEA) completed by the Company in December 2010. The Company currently has ongoing resource definition, geotechnical, metallurgical and power supply studies underway, the results of which will form part of the PFS.

China Daily reports local land and mineral resource officials in the Qinghai province estimate that the Dachang gold mine in the Tibetan autonomous prefecture of Yushu is likely to become one of the largest gold mines in Asia with 300 tonnes in proven reserves. The geological exploration was conducted jointly by Qinghai mining development bureau and TSX-listed Inter‐Citic Minerals with a total investment of $31.3 million. The project is at an elevation of approximately 4,500 meters and consists of five exploration licenses covering some 279 square kilometers. Tiny Inter-Citic says it allocated $6.3 million in exploration expenses for this year.