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USEC Continues American Centrifuge RD&D Program - More
- 03/30/12 | Item


Pan American Silver completes acquisition of Minefinders - "Pan American Silver Corp. ("Pan American") (TSX: PAA; NASDAQ: PAAS) and Minefinders Corporation Ltd. ("Minefinders") (TSX: MFL; NYSE/AMEX: MFN) today completed the previously announced plan of arrangement (the "Arrangement") under the Business Corporations Act (Ontario) whereby Pan American acquired all of the issued and outstanding common shares of Minefinders." More
- 03/30/12 | Item


Robust Reserve Profile; Increased Overall Grade - "Randgold Resources Limited today reported attributable reserves of 16.28 million ounces compared to 16.38 million ounces a year ago, despite a 58% increase in production. The overall reserve grade was increased from 3.78g/t to 3.84g/t, in line with the company's focus on quality over quantity." More
- 03/30/12 | Item


Lake Shore Gold Announces Large Increase in Measured and Indicated Resources at Bell Creek Mine - "Lake Shore Gold Corp. (TSX: LSG.TO - News)(AMEX: LSG - News) ("Lake Shore Gold" or the "Company") today announced an updated resource estimate for the Company's Bell Creek Mine which is located in Timmins, Ontario. The reported resource contains 4,249,451 tonnes at an average grade of 4.73 gpt for a total of 646,431 ounces in the measured an indicated categories and 6,088,506 tonnes grading 4.87 gpt for 953,845 ounces in the inferred category." More
- 03/30/12 | Item


Great Basin Gold announces closing of C$50 million bought deal public offering of units - "Great Basin Gold Ltd. ("Great Basin Gold" or the "Company"), (TSX: GBG.TO - News) (NYSE Amex: GBG) (JSE: GBG.TO - News) announces that it has closed its previously announced bought deal offering (the "Offering") of units (the "Units"), at a price of $0.75 per Unit, with a syndicate of underwriters (the "Underwriters"). Each Unit consists of one common share of Great Basin Gold (a "Common Share") and one half of one purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable for a period of 2 years following the closing of the Offering at an exercise price of $0.90 per Warrant." More
- 03/30/12 | Item


Timberline Announces Submission of Application for Butte Highlands Water Discharge Permit - "Timberline Resources Corporation (TSX-V: TBR.V - News)(AMEX: TLR - News) ("Timberline" or the "Company") announced today that the application for the required water discharge permit (MPDES Permit) for the Butte Highlands Joint Venture Gold Project has been submitted to the Montana Department of Environmental Quality." More
- 03/30/12 | Item


Excellon Reports 2011 Year End Results - "During the year ended, December 31, 2011, the Company recorded net income of $4.4 million compared to a loss of $3.9 million for the year ended December 31, 2010 or net income of $0.02 per share vs. a loss of $0.02 per share for December 31, 2010.

Gross profit for 2011 was $30.8 million compared to $10.5 million for the year ended December 31, 2010. This was significantly higher in 2011 due to higher commodity prices. In the last quarter of 2011, throughput was increased to 6,000 tonnes per month from 5,000 tonnes per month. Silver produced in 2011 was 1.3 million ounces virtually unchanged from 2010." More
- 03/30/12 | Item


Excellon Reports 2011 Year End Results - "During the year ended, December 31, 2011, the Company recorded net income of $4.4 million compared to a loss of $3.9 million for the year ended December 31, 2010 or net income of $0.02 per share vs. a loss of $0.02 per share for December 31, 2010.

Gross profit for 2011 was $30.8 million compared to $10.5 million for the year ended December 31, 2010. This was significantly higher in 2011 due to higher commodity prices. In the last quarter of 2011, throughput was increased to 6,000 tonnes per month from 5,000 tonnes per month. Silver produced in 2011 was 1.3 million ounces virtually unchanged from 2010." More
- 03/30/12 | Item


Uranium Energy Corp Closes Acquisition of Cue Resources Ltd - More
- 03/30/12 | Item


Vista Gold Corp. Provides Update on Mt. Todd Feasibility Study Status and Reports Results from Ongoing Drilling at the Guadalupe de los Reyes Gold/SilverProject - "Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) ("Vista" or the "Company") today provided an update on the status of the anticipated definitive feasibility study for Vista's Mt. Todd gold project in Northern Territory, Australia, and reported results for the ongoing drilling program at its Guadalupe de los Reyes gold/silver project in Sinaloa, Mexico." More
- 03/30/12 | Item


Gold Fields Limited Integrated Annual Report for the Financial Year Ended 31 December 2011 - "Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today released its Integrated Annual Report for the financial year ended 31 December 2011 to shareholders and other interested parties." More
- 03/30/12 | Item


Gold Fields Paid CEO Nick Holland 32.7 Million Rand Last Year - "Gold Fields Ltd. (GFI), the fourth- biggest producer of the metal, paid Chief Executive Officer Nick Holland 32.7 million rand ($4.3 million) last year, two-thirds of that in bonus and share benefits.

Holland earned a salary of 7.5 million rand, the Johannesburg-based mine operator said today in an annual report on its website. Gold Fields, which changed its year-end to Dec. 31 from June 30 in 2010, paid Holland 6.6 million rand in the six months through December 2010, according to the report." More
- 03/30/12 | Item


Seabridge Gold Files Year End Audited Financial Statements and MD&A - "The Company reported a net loss for the year ended December 31, 2011 of $20.1 million or $0.48 per share compared to a net profit of $3.3 million or $0.08 per share for 2010. The majority of the 2011 expenses related to administrative expenses including the fair value of options granted in the current and prior years. In 2010, the Company sold its residual interest in the Noche Buena project in Mexico for a gain $10.2 million." More
- 03/29/12 | Item


Seabridge Gold Files Year End Audited Financial Statements and MD&A - "The Company reported a net loss for the year ended December 31, 2011 of $20.1 million or $0.48 per share compared to a net profit of $3.3 million or $0.08 per share for 2010. The majority of the 2011 expenses related to administrative expenses including the fair value of options granted in the current and prior years. In 2010, the Company sold its residual interest in the Noche Buena project in Mexico for a gain $10.2 million." More
- 03/29/12 | Item


Denison Files Annual Report on Form 40-F - More
- 03/29/12 | Item


Barrick Announces Pricing of $2.0 Billion Offering of Debt Securities - "Barrick Gold Corporation (NYSE: ABX - News)(TSX: ABX.TO - News) ("Barrick") announced today the pricing of $2.0 billion in debt securities comprised of: $1.25 billion of 3.85% notes due 2022 and $750 million of 5.25% notes due 2042. The offering is expected to close on or about April 3, 2012." More
- 03/29/12 | Item


U.S. Silver Reports Fifth Consecutive Year-End Increase in Proven and Probable Reserves to 23.2 million ounces of silver - "U.S. Silver Corporation (TSX: USA, US OTCQX: USSID, Frankfurt: QE2) (“US Silver” or “the Company”) announces that year-end reserves have once again increased in excess of production for the fifth consecutive year. Proven and probable silver reserves are 23.2 million ounces, an increase of 1.3 million ounces of silver after replacing 2011 production. This is detailed in the Company’s 43-101 filed on SEDAR." More
- 03/29/12 | Item


Mega Uranium Announces Reconfirmation of Shareholder Rights Plan - More
- 03/29/12 | Item


Peninsula Energy: high grade uranium discoveries continue from Lance - More
- 03/29/12 | Item


Keefe Phase 1 Analytics Show Significant Uranium Indicators in Sandstone & Anomalous Uranium in Basement - Keefe Phase 2 Drilling Continues - More
- 03/29/12 | Item


Cue Resources Ltd. Receives Final Court Order for Arrangement with Uranium Energy Corp. - More
- 03/29/12 | Item


Rubicon Minerals Provides Drilling Update F2 Gold System, Phoenix Gold Project, Red Lake, Ontario - "Rubicon Minerals Corporation (TSX: RMX.TO - News) (NYSE-AMEX: RBY - News) ("Rubicon") is pleased to provide an update of its exploration activities at its 100%-owned F2 Gold System, Phoenix Gold Project, located in the heart of the prolific Red Lake gold district. Rubicon is carrying out a 12-month, $55 million program designed to optimize certain aspects of its Preliminary Economic Assessment ("PEA")1. This program contemplates a total of 68,000 metres of drilling of which 41,000 metres remain to be drilled before the end of Q3, 2012." More
- 03/29/12 | Item


Uranerz Reports Production Well and Development Update - More
- 03/29/12 | Item


NovaGold Shareholders Overwhelmingly Approve the NovaCopper Spin-Out - "NovaGold Resources Inc. (TSX: NG.TO - News)(AMEX: NG - News) ("NovaGold" or "the Company") is pleased to announce that at a Special Shareholders Meeting (the "Meeting") held in Vancouver on March 28, 2012, NovaGold shareholders overwhelmingly voted in favor of the special resolution approving the announced spin-out of NovaCopper Inc. ("NovaCopper"), a wholly-owned subsidiary of NovaGold. The spin-out will be effected by way of a statutory plan of arrangement (the "Arrangement") and follows on the November 16, 2011 announcement of NovaGold's decision to become a pure play on the Donlin Gold project (the "Project" or "Donlin Gold"), a United States-based asset that is among the largest and highest-grade known open-pit gold deposits in the world." More
- 03/29/12 | Item


Comstock Mining Announces 2011 Year End Results and Business Update - "The last twelve months reflects three major advancements toward our stated goals. We established a strong, production-focused management team, issued our third NI 43-101 technical report, nearly doubling our gold and silver resources, and obtained every major permit or permit modification for commencing production in 2012. We also expanded our exploration permits in both counties where our Comstock properties reside." More
- 03/29/12 | Item


Comstock Mining Announces 2011 Year End Results and Business Update - "The last twelve months reflects three major advancements toward our stated goals. We established a strong, production-focused management team, issued our third NI 43-101 technical report, nearly doubling our gold and silver resources, and obtained every major permit or permit modification for commencing production in 2012. We also expanded our exploration permits in both counties where our Comstock properties reside." More
- 03/29/12 | Item


Timmins Gold Reports Financial Results for the Nine Months and Year Ended December 31, 2011 - "Timmins Gold Corp. (TSX: TMM.TO - News)(AMEX: TGD - News) is pleased to report its financial results for the nine months and year ended December 31, 2011. All results are presented in United States dollar ("US Dollars" or "USD") unless otherwise stated. Readers should refer to the 2011 year end management discussion and analysis (MD&A) and audited financial statements for more complete information.(i)" More
- 03/29/12 | Item


Timmins Gold Reports Financial Results for the Nine Months and Year Ended December 31, 2011 - "Timmins Gold Corp. (TSX: TMM.TO - News)(AMEX: TGD - News) is pleased to report its financial results for the nine months and year ended December 31, 2011. All results are presented in United States dollar ("US Dollars" or "USD") unless otherwise stated. Readers should refer to the 2011 year end management discussion and analysis (MD&A) and audited financial statements for more complete information.(i)" More
- 03/29/12 | Item


Brigus Gold Reports 2011 Financial Results - “2011 was a challenging year as we ramped up production from Black Fox’s Phase 2 open pit and initiated production from the underground mine,” said Wade Dawe, President and CEO of Brigus.” “While open pit operations performed in accordance with our plan, we had to address a number of issues related to the development and ramp up of the underground mine. We made operational changes in December and January to address shortcomings at the mine and as a result we are now seeing consistent increases in gold production and much higher grades from the underground. With grades from the underground now meeting expectations and daily production tonnage building, gold production rates are increasing and we look forward to a solid year ahead in 2012.” More
- 03/29/12 | Item


Brigus Gold Reports 2011 Financial Results - “2011 was a challenging year as we ramped up production from Black Fox’s Phase 2 open pit and initiated production from the underground mine,” said Wade Dawe, President and CEO of Brigus.” “While open pit operations performed in accordance with our plan, we had to address a number of issues related to the development and ramp up of the underground mine. We made operational changes in December and January to address shortcomings at the mine and as a result we are now seeing consistent increases in gold production and much higher grades from the underground. With grades from the underground now meeting expectations and daily production tonnage building, gold production rates are increasing and we look forward to a solid year ahead in 2012.” More
- 03/29/12 | Item


Taseko Announces a 170% Resource Increase and Upgrade at Aley - "Taseko (TSX: TKO; NYSE Amex: TGB) (the "Company") reports that the Aley Project resource has been upgraded to a Measured and Indicated Resource. At a 0.2% Nb2O5 cutoff, the Measured and Indicated Resource is 286 million tonnes with an average grade of 0.37% Nb2O5 plus 144 million tonnes of Inferred Resource with an average grade of 0.32% Nb2O5. This represents a total resource tonnage increase of 170% from the NI43-101 compliant Inferred Resource released in the September 2011 technical report." More
- 03/28/12 | Item


Goldcorp holds annual Investor Day; supplemental feed system commissioned at Peñasquito - "GOLDCORP INC. (TSX:G.TO - News) (NYSE: GG - News) will host its annual Investor Day on Thursday, March 29, 2012 at 8:00am EDT. The senior management team will discuss details of the mines and projects that are expected to drive 70% growth in gold production over the next five years. A live and archived webcast will be available at www.goldcorp.com." More
- 03/28/12 | Item


Alexco Reports Fiscal Results for Six Months Ended December 31, 2011 - "Alexco Resource Corp. (TSX: AXR.TO - News)(AMEX: AXU - News) today reports pre-tax income of $4.5 million and net income of $1.7 million ($0.03 basic and diluted earnings per share) for the six month transitional fiscal year ended December 31, 2011, reflecting continuing operations ramp-up at its Bellekeno silver mine in the Keno Hill Silver District, Yukon. As previously announced, the six month period ended December 31, 2011 represents a shortened transitional fiscal year as Alexco is changing its financial year to a calendar basis for better alignment with its operating year and its reporting peer group. This is also the first fiscal year for which Alexco is reporting under International Financial Reporting Standards. All figures are expressed in Canadian dollars unless otherwise stated." More
- 03/28/12 | Item


Pan American Silver and Minefinders Announce Final Court Approval of the Plan of Arrangement - "Pan American Silver Corp. (TSX: PAA.TO - News)(NASDAQ: PAAS - News) ("Pan American") and Minefinders Corporation Ltd. (TSX: MFL.TO - News)(AMEX: MFN - News) ("Minefinders") are pleased to announce that the Ontario Superior Court of Justice has issued a final order approving the previously announced statutory plan of arrangement (the "Arrangement") between Minefinders and Pan American under the Business Corporations Act (Ontario). Pursuant to the Arrangement, Pan American will acquire all of the issued and outstanding common shares of Minefinders. As previously announced, on March 26, 2012, Minefinders and Pan American both received the required levels of approval of their respective securityholders at their special meetings held in connection with the Arrangement." More
- 03/28/12 | Item


Tanzanian Royalty Reports More Positive Drill Results from the Ongoing Diamond and Reverse Circulation Drilling Program at its Buckreef Main and Tembo Prospects - "Tanzanian Royalty is pleased to announce the receipt of more positive assay results from the ongoing Diamond (DD) and Reverse Circulation (RC) drilling program in the Buckreef Main and Tembo prospects at the Company's Buckreef Gold Project in the Lake Victoria Goldfields of Tanzania." More
- 03/28/12 | Item


Freeport-McMoRan Copper & Gold Inc. Declares Quarterly Cash Dividend on Common Stock - "Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX - News) today declared a cash dividend of $0.3125 per share payable on May 1, 2012 to holders of record as of April 13, 2012 for its common stock." More
- 03/28/12 | Item


Randgold's Malian Mines Continue to Operate - "Randgold Resources chief executive Mark Bristow said today that the Bamako airport has reopened and the borders opened for all traffic yesterday.

Bristow, who is at the company's Loulo complex in Mali, said the operation's fuel supplies had been replenished over the weekend and the Loulo, Gounkoto and Morila mines were all operating at present." More
- 03/28/12 | Item


AuRico Gold Provides Details on its 90%-128% Production Growth Profile in North America Division from 2011 to 2014 - "AuRico Gold Inc. (TSX: AUQ.TO - News) (NYSE: AUQ - News), ("AuRico" or "AuRico Gold" or the "Company") is pleased to provide 2012 quarterly operational guidance as well as three-year operational and capital expenditure guidance for 2012 to 2014. All amounts are in U.S. dollars unless otherwise indicated. The Company will be hosting an Analyst Day webcast on March 28, 2012 beginning at 11:00 a.m. eastern time, following the Company's Q4 2011 financial results conference call and webcast, to discuss the Company's operational and exploration programs." More
- 03/28/12 | Item


Paramount Gold and Silver Announces $18.2 million Private Placement of Common Stock - "Paramount Gold and Silver Corp. (TSX: PZG.TO - News) (AMEX: PZG - News) (Frankfurt: P6G.F - News) (WKN: A0HGKQ) ("Paramount" or the "Company") has entered into definitive agreements with accredited investors to issue shares of its common stock in a private placement transaction (the "Transaction"). Under the terms of the Transaction, Paramount has agreed to sell an aggregate of 8,917,776 shares of common stock at $2.05 per share, for aggregate proceeds of $18,281,441. The closing of the Transaction is anticipated to occur on or about March 30, 2012, subject to the satisfaction of customary closing conditions." More
- 03/28/12 | Item


Keefe Phase 1 Analytics Show Significant Uranium Indicators in Sandstone & Anomalous Uranium in Basement - Keefe Phase 2 Drilling Continues - More
- 03/28/12 | Item


Richmont Announces Results From a Preliminary Economic Assessment for Wasamac and Approves $15 Million Advanced Exploration Budget - "Richmont Mines Inc. (TSX: RIC.TO - News)(AMEX: RIC - News), ("Richmont" or the "Corporation") is pleased to announce the results of an independent Regulation 43-101 ("R 43-101") Preliminary Economic Assessment(A) ("PEA" or the "Report") for the Wasamac Gold Project (the "Property") located in Rouyn-Noranda, Quebec. The Report reinforces the Corporation's view that there is a potential to establish an underground bulk-mining operation on the Property. The PEA was coordinated by Richmont, and the technical report will be completed by Roscoe Postle Associates Inc. ("RPA") and filed on SEDAR (www.sedar.com) within 45 days of this press release. All dollars are presented in Canadian currency unless otherwise noted." More
- 03/28/12 | Item


Revett Minerals Reports 2011 Financial Results - "Total revenue for 2011 increased by 49% to $70.1 million compared to $47.0 million during 2010. Net income for the year was $13.5 million or $0.36 per share, compared to a net loss of $0.6 million or $(0.02) per share for 2010. The increase in 2011 revenues was due to higher overall production along with significantly higher prices of silver and copper as compared to 2010." More
- 03/28/12 | Item


Revett Minerals Reports 2011 Financial Results - "Total revenue for 2011 increased by 49% to $70.1 million compared to $47.0 million during 2010. Net income for the year was $13.5 million or $0.36 per share, compared to a net loss of $0.6 million or $(0.02) per share for 2010. The increase in 2011 revenues was due to higher overall production along with significantly higher prices of silver and copper as compared to 2010." More
- 03/28/12 | Item


AuRico Reports Record Revenues and Earnings for Q4 and Full Year 2011 - "In 2011 we have achieved many key milestones that support our vision of being a low cost intermediate gold producer focused in North America. We completed two accretive acquisitions that have significantly enhanced our production growth profile and, combined with the success of our exploration programs, have delivered a 217% increase in our total reserve inventory to over 8.63 million gold equivalent ounces." More
- 03/28/12 | Item


AuRico Reports Record Revenues and Earnings for Q4 and Full Year 2011 - "In 2011 we have achieved many key milestones that support our vision of being a low cost intermediate gold producer focused in North America. We completed two accretive acquisitions that have significantly enhanced our production growth profile and, combined with the success of our exploration programs, have delivered a 217% increase in our total reserve inventory to over 8.63 million gold equivalent ounces." More
- 03/28/12 | Item


SEMAFO: Auger Drilling Identifies Six Important Trends at Mana - "SEMAFO Inc. (TSX:SMF.TO - News) (OMX:SMF.ST - News) today provided an updated compilation of the ongoing auger drilling program at its Mana property in Burkina Faso. The compilation identified six important gold anomalous trends on the property, some of which are scheduled for drilling in 2012." More
- 03/27/12 | Item


Gold Resource Corporation Declares March Monthly Dividend; First Time Option for Shareholders to Participate in Gold and Silver Dividend Program - "Gold Resource Corporation (NYSE Amex: GORO) declares its instituted monthly dividend of $0.05 per common share for March 2012 payable on April 23, 2012 to shareholders of record as of April 10, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico." More
- 03/27/12 | Item


Entree Gold Upgrades and Expands Resources at Ann Mason - "Entree Gold Inc. (TSX: ETG.TO - News)(AMEX: EGI - News)(Frankfurt: EKA.F - News) ("Entree" or the "Company") is pleased to release an updated Canadian National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for the Ann Mason deposit at Yerington, Nevada, which includes the first reported indicated resources for the deposit. The updated resource estimate converts a large percentage of the previous inferred mineral resources to an indicated category and expands the overall size of the deposit. These upgraded resources will form the basis for a Preliminary Economic Assessment ("PEA") planned for completion in the second half of 2012." More
- 03/27/12 | Item


New Gold Announces Launch of $300 Million Senior Notes Offering - "New Gold Inc. ("New Gold") (TSX and NYSE AMEX:NGD) today announces that it intends to offer a $300 million aggregate principal amount of Senior Notes due 2020 (the "Notes"). The interest rate and other terms of the Notes will be determined based on prevailing market conditions. New Gold intends to use the net proceeds of the Notes to fund the redemption of its 10% Senior Secured Notes due 2017 and for general corporate purposes." More
- 03/27/12 | Item


Centerra Gold Announces Revised 2012 Production Forecast for Kumtor Mine - "Centerra Gold Inc. announced today that increased ice movement in the southeast section of the pit will delay scheduled access to the high grade SB zone. Preliminary engineering analysis now indicates production of 390,000 to 410,000 ounces of gold in 2012 at its Kumtor mine, rather than between 575,000 and 625,000 ounces as previously forecast. The revised production profile will continue to be weighted to the fourth quarter." More
- 03/27/12 | Item


Fortuna Reports Updated Reserves and Resources - "Exploration at the Caylloma Mine in Peru has been successful in replacing reserves consumed through production, and more importantly, has been successful in increasing the reserves of the high-grade silver-rich veins in the central portion of the Caylloma District," commented Dr. Thomas Vehrs, Vice President of Exploration for Fortuna Silver. "In addition, surface mapping and sampling have identified a number of high priority targets in the central and northern portions of the district that will be the focus of the exploration program in 2012. At the San Jose Mine in Mexico, the mine development is advancing on-schedule and planning has been initiated for in-fill drilling in the lower portion of the deposit where wide-spaced exploration drilling encountered strong silver and gold mineralization in the Bonanza Vein and associated vein splays." More
- 03/27/12 | Item


Silver miner Coeur sees no Bolivia moves - "Coeur d'Alene Mines Corp (CDE.N) is still producing silver from its mine in Bolivia under its existing contract, a senior executive of the mining company said, even as the Andes nation seeks a bigger share of foreign company profits." More
- 03/27/12 | Item


Silvermex Reports Positive Financial Performance for the Year 2011 - "The Company achieved adjusted net income, which excludes share based compensation and the write down of the San Marcial mineral property, for the year ended December 31, 2011 of $5.2 million (non-GAAP) compared to adjusted losses of the same period in 2010 of $3.4 million (non-GAAP). Net loss was $4.4 million for the year ended December 31, 2011 compared with a net loss of $42.2 million for the same period in 2010. For the three months ended December 31, 2011, the Company achieved net income of $3.1 million compared with a net loss of $4.8 million in Q3 and a net loss of $38.1 million in Q4 of 2010." More
- 03/26/12 | Item


Silvermex Reports Positive Financial Performance for the Year 2011 - "Silvermex Resources Inc. ("Silvermex") (TSX: SLX.TO - News) announces results for the fiscal year ended December 31, 2011. Overall financial performance improved throughout the reporting period, compared to that of the previous year, attributed to the Company's mining operations at La Guitarra achieving full capacity of mill throughput and, in turn, increased sales." More
- 03/26/12 | Item


Pan American Silver and Minefinders Announce Securityholder Approval of the Arrangement - "Pan American Silver Corp. ("Pan American") (TSX: PAA.TO - News)(NASDAQ: PAAS - News) and Minefinders Corporation Ltd. ("Minefinders") (TSX: MFL.TO - News)(AMEX: MFN - News) are pleased to announce the positive results of their respective shareholder votes to approve the previously announced plan of arrangement (the "Arrangement") whereby Pan American will acquire all of the issued and outstanding common shares of Minefinders." More
- 03/26/12 | Item


Pan American Silver and Minefinders announce securityholder approval of the arrangement - "Pan American Silver Corp. ("Pan American") (TSX: PAA; NASDAQ: PAAS) and Minefinders Corporation Ltd. ("Minefinders") (TSX: MFL; NYSE/AMEX: MFN) are pleased to announce the positive results of their respective shareholder votes to approve the previously announced plan of arrangement (the "Arrangement") whereby Pan American will acquire all of the issued and outstanding common shares of Minefinders." More
- 03/26/12 | Item


International Tower Hill Files Annual Report for Fiscal 2011 - "International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX: ITH.TO - News)(AMEX: THM - News)(Frankfurt: IW9) announces that, on March 23, 2012, the Company filed its Annual Information Form for the period ended December 31, 2011 with certain securities commissions in Canada and its Form 40F for the period ended December 31, 2011 with the US Securities and Exchange Commission." More
- 03/26/12 | Item


Almaden Hits 17.00 Meters of 3.74 g/t Gold and 67.4 g/t Silver (5.1 g/t AuEq) on Northeast Extension Zone - "Almaden Minerals Ltd. (TSX: AMM.TO - News)(AMEX: AAU - News) ("Almaden" or "the Company") is pleased to announce further results from the on-going 4 drill exploration program on the Company's 100% owned Tuligtic project, Mexico with holes TU-11-95, TU-12-97 and TU-12-99 to 105. Holes TU-12-100 and 103 were drilled on the Northeast Extension Zone, along strike and north of the Main Ixtaca Zone. Both these holes intersected significant gold grades with TU-12-103 returning the highest grades encountered to date from the Northeast Extension Zone. Holes TU-11-95, TU-12-97, 101 to 104 were drilled into the Main Ixtaca Zone. Hole TU-12-99 was drilled to the south of the Main Ixtaca Zone and hole TU-12-105 was drilled on the Southeast Extension Zone. Final assays are pending for holes TU-12-96 (Main Ixtaca Zone) and 98 (Northeast Extension Zone)." More
- 03/26/12 | Item


NWT Uranium Corp Purchases an Additional 11,765,000 Common Shares of URU Metals - More
- 03/26/12 | Item


Surface Drilling Continues to Intersect High-Grade Mineralization at Silvermex's La Guitarra Project - "Silvermex Resources Inc. ("Silvermex") (TSX: SLX.TO - News) announces surface drill results from its producing La Guitarra property, located in the Temascaltepec Mining District, in the State of Mexico. To the end of January 2012, 59 holes had been completed totaling 7,633 m in 2011 and 2,290 m in January 2012 for a total of 9,923 m of the originally programmed 7,500 m surface diamond drilling program announced in September 2011. Assay results have been received for 40 of those completed holes, eight of which were announced in November 2011. Thirty-two additional holes are presented below in Table B." More
- 03/26/12 | Item


Laramide Comments on the Queensland State Election - More
- 03/26/12 | Item


Namibia: Rössing Uranium in Talks With Chinese Over Husab - More
- 03/26/12 | Item


New Gold Announces Adoption of Shareholder Rights Plan - "The purpose of the Rights Plan is to provide shareholders and the board of directors with adequate time to consider and evaluate any unsolicited take-over bid made for New Gold's common shares, provide the board of directors with adequate time to identify, develop and negotiate value-enhancing alternatives, and encourage the fair treatment of shareholders in connection with any take-over bid made for New Gold's common shares. The Rights Plan is intended to prevent the acquisition of beneficial ownership of more than 20% of the outstanding common shares of New Gold or the entering into of arrangements or relationships that have a similar effect, without the board having had the opportunity to run a value-enhancing process." More
- 03/26/12 | Item


US Gold Canadian Acquisition Corporation Announces Redemption of All Outstanding Exchangeable Shares and Exercise of Redemption Call Right by US Gold AlbertaULC - "MCEWEN MINING INC. (NYSE: MUX.TO - News)(TSX: MUX.TO - News) announces that its subsidiary, US Gold Canadian Acquisition Corporation (TSX: UXE.TO - News) has established a redemption date in respect of all of its outstanding Exchangeable Shares on May 30, 2012 (the "Redemption Date") and that US Gold Alberta ULC ("Callco") has elected to exercise its overriding redemption call right to acquire all of the outstanding Exchangeable Shares (other than Exchangeable Shares held by McEwen Mining Inc. and its subsidiaries) on the business day immediately prior to the Redemption Date, being May 29, 2012." More
- 03/26/12 | Item


U3O8 Corp. and Minexco Minerals Corp. Enter Into Agreements for Gold Exploration in Guyana - More
- 03/26/12 | Item


Silver Standard Announces Two Long-Term Silver Concentrate Sales Contracts With Smelters - "Silver Standard Resources Inc. (TSX: SSO.TO - News)(NASDAQ: SSRI - News) ("Silver Standard" or the "Company") announced today that it has entered into two separate contracts with smelters to sell a significant portion of monthly silver concentrate production from its Pirquitas silver mine in Argentina." More
- 03/26/12 | Item


Lake Shore Gold Announces Fourth Quarter and Full-Year 2011 Financial Results, Company on Track for Rapid Production Growth by Late 2012 - "Lake Shore Gold Corp. (TSX: LSG.TO - News)(AMEX: LSG.TO - News) ("Lake Shore Gold" or the "Company") today announced details of the Company's financial and operating results for the fourth quarter and full-year 2011. Key accomplishments for 2011 include significant growth in resources, including releasing initial resources for both Thunder Creek and Fenn-Gib, doubling production from a year earlier and continuing to achieve significant exploration success with a number of new discoveries and extensions announced during the year." More
- 03/26/12 | Item


Lake Shore Gold Announces Fourth Quarter and Full-Year 2011 Financial Results, Company on Track for Rapid Production Growth by Late 2012 - "Lake Shore Gold Corp. (TSX: LSG.TO - News)(AMEX: LSG.TO - News) ("Lake Shore Gold" or the "Company") today announced details of the Company's financial and operating results for the fourth quarter and full-year 2011. Key accomplishments for 2011 include significant growth in resources, including releasing initial resources for both Thunder Creek and Fenn-Gib, doubling production from a year earlier and continuing to achieve significant exploration success with a number of new discoveries and extensions announced during the year." More
- 03/26/12 | Item


United Silver Corporation Announces Commencement of Four-Year Exploration and Development Plan for the Crescent Mine and Operational Updates - "United Silver Corp. ("United Silver Corp.", the "Company", or "USC") (TSX: USC.TO - News)(OTCQX: USCZF.PK - News)(Frankfurt: UM8.F - News) is pleased to announce that work has started on the Company's phased, property-wide, USD$23 million, four-year plan (the "Plan") to further explore and develop the Crescent Silver Mine ("Crescent") resource. (See news release dated February 28, 2012, for a detailed description of the Plan). The objectives of the Plan are to further explore the existing silver resource, develop the existing resource, and explore for additional resources at the Company's 80 percent-owned Crescent Silver Mine. The Crescent is located on a large, 365 hectare (902 acre) property in the heart of northern Idaho's Silver Belt, in the second largest silver district in the world. The Crescent is situated between the world-class Sunshine silver mine and the Bunker Hill silver-lead-zinc mine, which combined have produced more than 500 million ounces of silver." More
- 03/23/12 | Item


Mali coup could put gold miners at risk - "For many gold miners, West Africa is proving to be a lot riskier than expected.

West Africa has been the single hottest gold mining region in the world over the past few years, receiving billions of dollars in investment. Miners like the area because it is underexplored compared to other gold-rich regions, and because governments have recently enacted investmentfriendly policies.

However, political instability continues to create fresh problems. The latest example came this week, when the government of Mali was overthrown in a military coup. Last year, there was an outbreak of violence in Ivory Coast over a disputed election, and Burkina Faso experienced a partial army mutiny and related protests." More
- 03/23/12 | Item


Silver Wheaton Declares First Quarterly Dividend Payment for 2012 - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX:SLW.TO - News) (NYSE:SLW.TO - News) is pleased to announce that its Board of Directors has declared its first quarterly cash dividend payment for 2012 of US$0.09 per common share. The quarterly dividend will be paid to holders of record of its common shares as of the close of business on April 4, 2012, and will be distributed on or about April 17, 2012." More
- 03/22/12 | Item


Silver Wheaton Reports Record Operating and Financial Results in 2011; Earnings and Operating Cash Flows Nearly Double - "Silver Wheaton finished 2011 with its strongest ever quarter of production and sales," said Randy Smallwood, President and Chief Executive Officer of Silver Wheaton. "We are proud to have now grown for three consecutive years, and in 2011 we achieved record annual production levels of over 25 million silver equivalent ounces. The combination of increased silver equivalent sales and strong silver prices also generated record financial results including revenue, earnings, operating cash flows, and cash operating margins which increased a tremendous 82% to US$30.61 per ounce of silver." More
- 03/22/12 | Item


Silver Wheaton Reports Record Operating and Financial Results in 2011; Earnings and Operating Cash Flows Nearly Double - "Silver Wheaton finished 2011 with its strongest ever quarter of production and sales," said Randy Smallwood, President and Chief Executive Officer of Silver Wheaton. "We are proud to have now grown for three consecutive years, and in 2011 we achieved record annual production levels of over 25 million silver equivalent ounces. The combination of increased silver equivalent sales and strong silver prices also generated record financial results including revenue, earnings, operating cash flows, and cash operating margins which increased a tremendous 82% to US$30.61 per ounce of silver." More
- 03/22/12 | Item


Pan American Silver announces filing of audited 2011 annual financial statements - "Pan American Silver Corp. (NASDAQ: PAAS - News) (TSX: PAA.TO - News) (the "Company") today reported that it has filed with the applicable Canadian securities regulatory authorities on SEDAR its 2011 Audited Annual Financial Statements and Management's Discussion and Analysis in relation thereto (the "Statements"). The Company will also file the Statements with the United States Securities and Exchange Commission ("SEC") on EDGAR." More
- 03/22/12 | Item


Eldorado Gold Corporation: Greece Activity Update - "Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation ("Eldorado", the "Company" or "We") (TSX: ELD.TO - News)(NYSE: EGO - News)(ASX: EAU.AX - News), is pleased to provide a brief update on the Company's activities and progress on its Greek asset base post the closing of the European Goldfields transaction on February 24, 2012." More
- 03/22/12 | Item


NovaGold Receives Positive Recommendation on NovaCopper Spin-Out From ISS and Glass Lewis Proxy Advisory Services - "NovaGold Resources Inc. (TSX: NG.TO - News)(AMEX: NG.TO - News) ("NovaGold" or "the Company") is pleased to announce that ISS Proxy Advisory Services, Canada ("ISS") and Glass Lewis & Co. ("Glass Lewis") have recommended that their clients vote in favor of the proposed NovaCopper Inc. ("NovaCopper") spin-off at the Special General Meeting being held on March 28, 2012." More
- 03/22/12 | Item


MAG Silver Intercepts More Silver / Lead / Zinc Sulphides in "Bridge Zone" at Cinco de Mayo - "MAG Silver Corp. (TSX: MAG.TO - News)(AMEX: MVG - News) ("MAG") announces significant massive sulphide intercepts in drilling in the "Bridge Zone" along the Jose Manto-Cinco Ridge corridor within its 100% owned Cinco de Mayo ("Cinco") property in northern Chihuahua State, Mexico. Ten holes were drilled on a section to test the up- and down-dip continuity of hole CM11-380, the best of seven massive sulphide manto intercepts drilled late in 2011 (see press release dated November 28, 2011). The results clearly demonstrate the lateral and vertical continuity of the mineralization. The current holes were drilled on 50 metre centres and eight of the ten holes (including hole CM11-380 which cut 386 g/t silver with 14.0% zinc and 8.2% lead over 3.98 metres) intercepted massive sulphides (assays pending on two holes). The combined drilling shows continuous mineralization over a 400 metre dip length, with mineralization remaining open down dip and along strike." More
- 03/22/12 | Item


New Gold Acquires Additional 223 Square Kilometres of Prospective Ground Immediately Southeast of the Blackwater Project - "New Gold Inc. ("New Gold") (TSX and NYSE AMEX:NGD) today announces that the company has completed the acquisition of 223 square kilometres of additional mineral claims (the "Auro Properties") from Gold Reach Resources Ltd ("Gold Reach"). The Auro Properties include two claim blocks immediately to the southeast of the Blackwater Project. The Auro land package begins five kilometres from the current Blackwater mineral resource, borders New Gold's current landholdings in multiple areas to the south and east and covers a total of 144 square kilometres of prospective land. The Auro South land package lies further to the southeast and adds an additional 79 square kilometres to New Gold's overall land position in the Blackwater area which is now approximately 900 square kilometres. See the section entitled Property Map at the conclusion of the news release for further information on the location of the Auro Properties." More
- 03/22/12 | Item


International Tower Hill Announces 2012 Operations Update at the Livengood Gold Project, Alaska - "International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX: ITH.TO - News)(AMEX: THM - News)(Frankfurt: IW9) announces an operations update at the Company's 100% controlled Livengood Gold Project near Fairbanks, Alaska. In addition to advancing its Pre-Feasibility Study towards expected completion in the third quarter of 2012, the Company is carrying out approximately 12,000 metres of drilling in support of permitting activities, engineering design, condemnation of proposed infrastructure sites and district-wide exploration. The Company also announces that it will postpone all further studies for placer gold extraction on its recently acquired placer claims to focus on advancing the Livengood gold deposit towards development and a production decision." More
- 03/22/12 | Item


Randgold monitoring events in Mali - "Randgold Resources said today it waskeeping a close watch on developments in Mali, where elements of thearmy appear to have mounted a coup attempt." More
- 03/22/12 | Item


Gold Fields Secures 40% in Far Southeast - "Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that it has exercised its 40% option in the gold-copper Far Southeast Project in the Philippines after making a US$110-million payment this week." More
- 03/22/12 | Item


Franco-Nevada Reports 2011 Financial Results and Provides 2012 Update - "Franco-Nevada maintains its strong momentum. In 2011, revenue grew by 81% over 2010 levels which in turn was 46% above 2009 revenue. Our Q4 2011 revenue was another record. The revenue growth in the last two years has been driven by acquisitions, organic growth at our existing assets and higher gold prices. Our revenue mix in 2011 was 91% from precious metals and 79% from North American assets. We recorded impairments on two stream assets in the fourth quarter based on recent developments at those operations. Despite that, our guidance for 2012 is for higher revenue of $430 to $460 million (before payments under stream agreements), assuming $1,700 gold, $1,700 platinum, $750 palladium and $95 oil and continued steady state of operations. We are looking forward to revenue contributions from several additional royalties in early 2013." More
- 03/22/12 | Item


Franco-Nevada Reports 2011 Financial Results and Provides 2012 Update - "Franco-Nevada maintains its strong momentum. In 2011, revenue grew by 81% over 2010 levels which in turn was 46% above 2009 revenue. Our Q4 2011 revenue was another record. The revenue growth in the last two years has been driven by acquisitions, organic growth at our existing assets and higher gold prices. Our revenue mix in 2011 was 91% from precious metals and 79% from North American assets. We recorded impairments on two stream assets in the fourth quarter based on recent developments at those operations. Despite that, our guidance for 2012 is for higher revenue of $430 to $460 million (before payments under stream agreements), assuming $1,700 gold, $1,700 platinum, $750 palladium and $95 oil and continued steady state of operations. We are looking forward to revenue contributions from several additional royalties in early 2013." More
- 03/22/12 | Item


Nevsun 2011 Annual Financial Results - "In 2011 the Company recorded $548 million in revenues for the year on sales of 369,900 ounces of gold for an average realized price $1,620 per ounce. With 379,000 ounces produced, gold production averaged approximately 1,000 ounces per day with an average cash cost per ounce sold of $295. Since the Bisha Mine commenced operations in 2011, there are no comparative operating results for 2010." More
- 03/22/12 | Item


Nevsun 2011 Annual Financial Results - "In 2011 the Company recorded $548 million in revenues for the year on sales of 369,900 ounces of gold for an average realized price $1,620 per ounce. With 379,000 ounces produced, gold production averaged approximately 1,000 ounces per day with an average cash cost per ounce sold of $295. Since the Bisha Mine commenced operations in 2011, there are no comparative operating results for 2010." More
- 03/22/12 | Item


Jaguar Mining Reports 2011 Fourth Quarter and Full Year Financial Results; Provides Update on Strategic Review Process and Adopts Shareholder Rights Plan - "Jaguar Mining Inc. ("Jaguar" or the "Company") (JAG: TSX/NYSE) today provided an update on its operations, the full year and fourth quarter 2011 earnings, the strategic review process led by the Special Committee and the adoption of a shareholder rights plan." More
- 03/21/12 | Item


Jaguar Mining Reports 2011 Fourth Quarter and Full Year Financial Results; Provides Update on Strategic Review Process and Adopts Shareholder Rights Plan - "Jaguar Mining Inc. ("Jaguar" or the "Company") (JAG: TSX/NYSE) today provided an update on its operations, the full year and fourth quarter 2011 earnings, the strategic review process led by the Special Committee and the adoption of a shareholder rights plan." More
- 03/21/12 | Item


Rubicon's Phoenix Gold Project Receives Final Three Permits and is now Fully Permitted for Potential Future Production - "Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) ("Rubicon") is pleased to announce that the amendments to the Permit to Take Water, the Industrial Sewage Certificate of Approval and the Air Certificate of Approval, pertaining to its 100% owned Phoenix Gold Project located in the heart of the prolific Red Lake Gold district, have been accepted and approved by the Ontario Ministry of Environment. With these final approvals in hand, and combined with its existing Closure Plan, Rubicon is now fully permitted to develop, construct and operate a potential mining and milling facility for the Phoenix Gold Project in Red Lake, Ontario." More
- 03/21/12 | Item


NovaGold Amends NovaCopper Articles Prior to Spin-out - "NovaGold Resources Inc. (TSX: NG.TO - News)(AMEX: NG.TO - News) ("NovaGold" or "the Company") today announced that it has eliminated preferred shares from the capital structure of NovaCopper Inc. ("NovaCopper"), which will be spun out in conjunction with the earlier announced Plan of Arrangement. A Notice of Alteration deleting NovaCopper's class of preferred shares was filed with the British Columbia Corporate Registry on March 20, 2012, and filed on SEDAR. NovaGold has made this amendment in response to requests from certain institutional shareholders." More
- 03/21/12 | Item


Hochschild reports higher profits despite drop in 2011 gold, silver output - "Latin American precious metals miner Hochschild Mining Tuesday reported a 75% increase in after tax profit of $165.9 million for 2011 and a proposed final dividend of 3-cents per attributable share." More
- 03/21/12 | Item


Uranium Energy Corp Acquires Burke Hollow Project in South Texas - More
- 03/21/12 | Item


International Tower Hill Mines Files Audited Annual Financial Statements for Seven-Month Transitional Fiscal 2011 Year - "International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX: ITH.TO - News)(AMEX: THM - News)(Frankfurt: IW9) announces that, pursuant to changing its fiscal year-end to December 31, on March 20, 2012 it filed its audited financial statements and associated management discussion and analysis for its seven-month transitional fiscal year ended December 31, 2011. These documents will be available for viewing on SEDAR and EDGAR and on the Company's website on Wednesday, March 21, 2012." More
- 03/21/12 | Item


Golden Star Resources Announces Positive Preliminary Economic Assessment for Prestea Underground Mine - "Golden Star Resources Ltd. (AMEX: GSS - News) (TSX: GSC.TO - News) (GSE: GSR) ("Golden Star" or the "Company") is pleased to announce the completion of a Company authored Preliminary Economic Assessment ("PEA") of the West Reef orebody of the Prestea Underground Mine. The Company plans to file a PEA document that is compliant with National Instrument 43-101 within 45 days. The Board of Directors has approved the PEA and has directed management to proceed to a full feasibility study. All references herein to "$" are United States dollars." More
- 03/21/12 | Item


South American Silver Files Annual 2011 Financial Statements and MD&A and Project Update - "South American Silver Corp. (TSX: SAC.TO - News)(Pinksheets: SOHAF.PK - News) reports the release of its audited consolidated financial statements for the year ended December 31, 2011 and the related management's discussion and analysis of financial position and results of operations ("MD&A"). The Company is also pleased to provide an update on the Malku Khota silver-indium-gallium project in Bolivia and the Escalones copper-silver-gold project in Chile. In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated." More
- 03/21/12 | Item


Ivanhoe Mines Announces 2011 Financial Results and Review of Operations - "Overall construction of the first phase of the Oyu Tolgoi copper-gold mining complex in southern Mongolia was 72.7% complete at the end of February 2012 and remains on track to meet the mine's targeted start of initial production in Q3'12. Commercial production is projected to begin in the first half of 2013." More
- 03/21/12 | Item


Pitchstone Reports Rio Tinto's Exploration Underway and Addition to Board of Directors - More
- 03/21/12 | Item


Entree Gold Announces Best Drill Results to Date for Ann Mason - "Entree Gold Inc. (TSX: ETG.TO - News)(AMEX: EGI - News)(Frankfurt: EKA.F - News) ("Entree" or the "Company") has received complete assay results from an additional five diamond drill holes on its Ann Mason copper-molybdenum porphyry deposit in the Yerington district of Nevada. Hole EG-AM-11-023 returned 898 metres averaging 0.33% copper (0.39% copper equivalent "CuEq") and EG-AM-11-024 intersected 782.5 metres of 0.35% copper (0.41% CuEq) including 284 metres grading 0.54% copper (0.58% CuEq). Both are infill holes located in the west-central area of the deposit between previously reported holes EG-AM-11-008 and EG-AM-11-021. Hole 021 intersected 852 metres of 0.35% copper (0.38% CuEq) (see news release dated March 1, 2012)." More
- 03/20/12 | Item


Hecla to Present at Very Independent Research Metals and Mining Conference in Boston - "Hecla Mining Company’s (NYSE:HL) Senior Vice President and Chief Financial Officer James A. Sabala will speak at the Very Independent Research Metals and Mining Conference in Boston on March 27 at 8:00 a.m. (EDT). Mr. Sabala will present an overview of Hecla’s business strategy and its position as the largest North America-focused silver producer." More
- 03/20/12 | Item


SilverCrest Reports 58m @ 164.7 gpt Ag Eq(i) at La Joya; Extends Main Mineralized Trend 500 Metres NW - "In January we announced an initial Inferred Resource on a portion of the Trend of 57.9 million tonnes grading 28 gpt Ag, 0.18 gpt au and 0.21% Cu and containing 101.9 million ounces Ag Equivalent(i). A portion of the Phase II drilling is intended to explore the possible expansion of this resource estimate to the northwest as well as the southeast along the Trend and infill some of the wider spaced drill holes within the resource area. The remainder of the program will test three targets adjacent to the Trend which have been shown by historical drilling and sampling to host significant Ag, Cu, Au, W, and Mo mineralization." More
- 03/20/12 | Item


Brigus Gold Reports Continued Progress at Black Fox - "Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE Amex: BRD; TSX: BRD) is pleased to provide an operational update for the year to date. Management remains focused on increasing gold production at its Black Fox Mine targeting steady state output of 25,000 ounces per quarter by year-end." More
- 03/20/12 | Item


Strathmore aggressively advances uranium projects, sets 2012 budget at record $15.8 mln - More
- 03/20/12 | Item


Pretivm Files Final Base Shelf Prospectus for Future Securities Offerings - "The Prospectus will enable the Company to make offerings of up to an aggregate principal amount of C$180 million of common shares, warrants, units or subscription receipts of the Company, which includes up to C$36 million in common shares owned by Silver Standard Resources Inc. ("Silver Standard") that may be offered by way of a secondary offering under the Prospectus. The securities may be offered in Canada and the United States from time to time, separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of the offering and as set out in an accompanying prospectus supplement, during the 25-month period that the Prospectus remains effective. Unless otherwise specified in the prospectus supplement relating to a particular offering of securities, the net proceeds from any sale of any securities will be used for development of our mineral properties, working capital requirements, acquisitions of additional mineral properties and for other general corporate purposes. The Company will not receive any proceeds from the sale of common shares owned by Silver Standard by way of a secondary offering." More
- 03/19/12 | Item


Gold Resource Corporation Announces Hiring of Chief Financial Officer - "Gold Resource Corporation (AMEX: GORO - News) is pleased to announce today that it has hired Mr. Brad Blacketor to become its full time Chief Financial Officer. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico." More
- 03/19/12 | Item


U.S. Silver Receives Final Listing Approval from NYSE Amex - "U.S. Silver Corporation (TSX:USA.TO - News) (“U.S. Silver” or the “Company”) is pleased to announce that its common shares have been approved for listing on the NYSE Amex. The Company anticipates trading on the NYSE Amex in the coming days, which will be announced along with the trading symbol." More
- 03/19/12 | Item


European Uranium Resources set for busy 2012 as it advances several uranium properties - More
- 03/19/12 | Item


Ucore Appoints Mine Permitting Manager for Bokan Project - More
- 03/19/12 | Item


Avino Receives Updated Technical Report for Re-Treatment of Tailings Resource - "Avino Silver & Gold Mines Ltd. (TSX-V: ASM - News)(AMEX: ASM - News)(Frankfurt: GV6.F - News)(Berlin: GV6.F - News) ("Avino" or the "Company") is pleased to announce results from an updated NI 43-101 compliant Technical Report: Tailings Retreatment Process Option for the Avino mine tailings in the Durango mining district of Mexico. The technical report was completed by Tetra Tech Wardrop ("Tetra Tech")." More
- 03/19/12 | Item


McEwen Mining Announces Resource and Reserve Increases at the San Jose Mine in Argentina - "McEwen Mining Inc. (NYSE: MUX - News)(TSX: MUX - News) is pleased to announce an updated resource and reserve estimate for the San Jose mine (49%). The San Jose mine had a great 2011. Not only was it the forth-consecutive year that silver and gold resources continued to grow, but it also was the highest yearly production to date, producing 5.9 million ounces silver and 80,000 ounces gold. It is worth noting that the resource and reserve estimates were calculated using conservative metal prices of US$18 per ounce silver and US$1,080 per ounce gold. The estimates were independently audited by P&E Mining Consultants Inc." More
- 03/19/12 | Item


Nevsun Announces Share Repurchase Program - "Nevsun Resources Ltd. (TSX: NSU.TO - News)(AMEX: NSU.TO - News) (the "Company") announces the initiation of a common share repurchase program using the normal course issuer bid facility under Toronto Stock Exchange ("TSX") rules. Nevsun has received approval from the TSX to purchase up to 4,009,408 common shares of the Company, representing approximately 2% of the 200,470,415 common shares issued and outstanding as at March 15, 2012. The purchases may commence no earlier than March 26, 2012 and continue over the next six months depending on market conditions until September 26, 2012." More
- 03/19/12 | Item


First Uranium and Gold One extend date to execute definitive agreement for sale of Ezulwini Mine - More
- 03/19/12 | Item


Toro Energy cashed up to advance Wiluna Uranium project to production in 2013 - More
- 03/16/12 | Item


Bear Creek Announces Appointment of New CFO - "We wish to thank Brad for his efforts and welcome Steve back to our team. As interim CFO, Steve will seamlessly provide the necessary support as the Company moves its projects forward towards the goal of becoming a significant silver producer by 2015." More
- 03/16/12 | Item


Extorre Gold Mines announces closing of C$25 million bought deal private placement financing - "Extorre Gold Mines Limited (AMEX: XG; TSX: XG; Frankfurt: E1R, "Extorre" or the "Company") is pleased to announce that it has closed the bought deal private placement financing announced on March 7, 2012 (the "Offering"). The Company has issued 3,530,000 common shares (the "Shares") at a price of C$7.10 per Share for gross proceeds of C$25,063,000." More
- 03/16/12 | Item


Mega Uranium Ltd. Releases Unaudited Results for the Three Months Ended December 31, 2011 - More
- 03/16/12 | Item


Allied Nevada Awards the Hycroft Expansion Project Engineering and Procurement Contract to Fluor - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX: ANV.TO - News)(AMEX: ANV.TO - News) is pleased to announce that it has awarded a contract to Fluor Corporation ("Fluor") to complete the engineering and remaining procurement activities for the Hycroft Expansion Project. The scope of the contract includes completing engineering required to construct and remaining procurement requirements for the crushing plant, 130,000 ton per day mill and flotation plant, and associated facilities. It is expected that the engineering to construct the crushing plant will be completed in the first quarter of 2013 and the mill engineering to construct will be completed in the second quarter of 2014. Civil and earthworks for the crushing project have begun and it is expected that similar work for the milling facilities will begin in the first quarter of 2013. With these schedules, the crusher is on track to begin operations in the second half of 2013 and the mill is expected to be in operation in the first quarter of 2015." More
- 03/15/12 | Item


Nevsun Appoints New Director and Announces 2011 Results Release Date - "Nevsun Resources Ltd. (TSX: NSU - News)(AMEX: NSU - News) (the "Company") is pleased to announce the appointment of Anthony ("Tony") Ferguson as an independent director, bringing the number of directors of the Company to six." More
- 03/15/12 | Item


Great Basin Gold terminates bought deal and announces new bought deal - "Great Basin Gold Ltd. ("Great Basin Gold" or the "Company"), (TSX: GBG; NYSE Amex: GBG; JSE: GBG) announces that the Company and the syndicate of underwriters have agreed to terminate the previously announced public offering. The Company and the underwriters have entered into a new agreement with respect to a public offering, pursuant to which the underwriters have agreed, on a bought deal basis, to buy 66,700,000 units of the Company (the "Units"), at a price of $0.75 per Unit, for aggregate gross proceeds of approximately $50 million (the "Offering"), by way of a short form prospectus in Canada. Each unit will consist of one common share of Great Basin Gold (a "Common Share") and one half of a purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable for a period of 2 years following the closing of the Offering at an exercise price of $0.90 per Warrant. The Company has granted the underwriters an over-allotment option to purchase additional Units up to 15% of the Offering, for a period of 30 days following the closing." More
- 03/15/12 | Item


Seabridge to Option Red Mountain Project to Banks Island Gold - "Seabridge is enthusiastic about Banks Island Gold's acquisition of Red Mountain and believes that their management team has the skill set, commitment and knowledge to both grow the resource through exploration and progress the existing resource to production. It is for these reasons that we are willing to accept a significant portion of the up-front option payment in Banks Island Gold common shares." More
- 03/15/12 | Item


Uranerz Announces Fourth Quarter and 2011 Financial Results - More
- 03/15/12 | Item


Athabasca Uranium Mobilizes Keefe Lake Drill Camp & Completes McCarthy Lake Acquisition - More
- 03/15/12 | Item


Vista Gold Corp. Recaps 2011 Financial Results and Provides Update on Recent Activities - "Vista Gold Corp. ("Vista" or the "Company") (NYSE Amex and TSX: VGZ) today provided an overview of the Company's recent operating highlights and selected financial results and highlights for the year ended December 31, 2011. The Company's full financial results, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission (the "SEC") and the Canadian securities regulatory authorities on March 14, 2012." More
- 03/15/12 | Item


Freeport-McMoRan Copper & Gold Inc. Provides Update on Grasberg Operations - "Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX - News) announced today that PT Freeport Indonesia (PT-FI) has commenced restart operations at its Grasberg mining and milling operations following a temporary labor-related shutdown on February 23, 2012. Recent discussions between PT-FI management, union leaders, members of the workforce and the local community have focused on returning to work in a harmonious and productive fashion. Mobilization of the workforce commenced on March 12, 2012 and mining and milling activities are being ramped up. Full production is expected to be reached in the second quarter of 2012." More
- 03/15/12 | Item


Richmont Mines Inc.: 2012 Drilling Program at Wasamac Yields Additional Significant Results - "We are very pleased with the results obtained to date with our 2012 exploration program and we expect to complete the PEA of the Property by the end of the first quarter of 2012." More
- 03/15/12 | Item


Fischer-Watt Acquires New Fork Uranium - More
- 03/15/12 | Item


Aurizon Reports 2011 Financial Results - "The fourth quarter 2011 results capped off a great year for Casa Berardi and Aurizon. Revenues, cash flow, profits and production broke historical records. Casa has consistently delivered, and with the continued in-mine exploration success we have enjoyed, Casa Berardi is a cornerstone asset from which to grow the company from. We are on schedule to complete the Joanna feasibility study in second quarter 2012, and are formulating resource updates on our two most advanced exploration projects, Marban and Fayolle." More
- 03/15/12 | Item


Aurizon Reports 2011 Financial Results - "The fourth quarter 2011 results capped off a great year for Casa Berardi and Aurizon. Revenues, cash flow, profits and production broke historical records. Casa has consistently delivered, and with the continued in-mine exploration success we have enjoyed, Casa Berardi is a cornerstone asset from which to grow the company from. We are on schedule to complete the Joanna feasibility study in second quarter 2012, and are formulating resource updates on our two most advanced exploration projects, Marban and Fayolle." More
- 03/15/12 | Item


McEwen Mining Provides Production & Development Update - "As of February 29, 2012, McEwen Mining had cash and liquid assets of US$78.8 million, comprised of cash of US$51.5 million, marketable securities of US$1.4 million, and silver and gold bullion at market value of US$25.9 million. The company continues to hold a significant portion of its treasury in bullion with the belief that prices will continue to rise. The company remains debt free." More
- 03/15/12 | Item


AngloGold Ashanti Credit Rating Upgraded by Moody's on Improved Fundamentals - "AngloGold Ashanti (NYSE: AU - News) is pleased to acknowledge that Moody's Investors Service today upgraded the issuer rating of AngloGold Ashanti Limited to Baa2 from Baa3, together with upgrading the senior unsecured debt obligations of the company's guaranteed subsidiary to Baa2, in recognition of significant improvements in the company's balance sheet position and operational performance." More
- 03/15/12 | Item


Pancontinental Uranium Corporation: Assay Results From Core Drilling Program; Buchanan Prospect, Chilling Project, NT - More
- 03/14/12 | Item


Golden Minerals Appoints Construction Manager for Velardena - "Golden Minerals Company ("Golden Minerals" or the "Company") (AMEX: AUMN - News) (TSX: AUM.TO - News) is pleased to announce the appointment of Jan Dahlgren as Construction Manager for its wholly-owned subsidiary, Minera William, at the Velardeña Project in northeastern Durango State, Mexico. Mr. Dahlgren brings worldwide experience to the Golden team, having worked during his career for Bechtel, Aker Solutions, Hatch, SNC Lavelin and others. He has held senior construction positions with dozens of large projects including Toromocho, Pierina, Tintaya, Antamina and Yanacocha in Peru as well as Pelambres, El Abra and La Candelaria in Chile. Mr. Dahlgren will report to David Drips, Project Director for Mexico, as the team aggressively expands the Velardeña silver and gold operations." More
- 03/14/12 | Item


Underground Drilling Continues to Extend Mineralization at Silvermex's La Guitarra Mine - "Silvermex Resources Inc. ("Silvermex") (TSX: SLX.TO - News) announces underground drill results from its La Guitarra mine, located in the Temascaltepec Mining District in the State of Mexico. A total of 91 underground drill holes have been completed for a total of 7,636 m. This drilling completes the 7,500 m drill program proposed in 2011, which was designed to test the continuity of various structures underground throughout the La Guitarra Mine. Drilling is ongoing by two contractor rigs and two rigs owned by the mine." More
- 03/14/12 | Item


Corporate Governance Firms Recommend That Shareholders of Pan American Silver and Minefinders Vote for the Arrangement - "Pan American Silver Corp. (TSX: PAA.TO - News)(NASDAQ: PAAS - News) and Minefinders Corporation Ltd. (TSX: MFL.TO - News)(AMEX: MFN - News) are pleased to announce that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co., LLC ("Glass Lewis") have recommended that shareholders vote FOR the Plan of Arrangement (the "Arrangement") pursuant to which Pan American will acquire all of the issued and outstanding common shares of Minefinders. The Arrangement will be considered at Pan American's and Minefinders' respective special shareholder meetings to be held on Monday, March 26, 2012." More
- 03/14/12 | Item


Timberline Exercises Its Option to Purchase Patented Claims at South Eureka, Nevada - "Timberline Resources Corporation (TSX-V: TBR.V - News)(AMEX: TLR - News) ("Timberline" or the "Company") announced today that it has exercised its option to purchase 19 patented claims covering 211 acres on the Windfall and Oswego Structural Trends at its 23-square mile South Eureka property near Eureka, Nevada." More
- 03/14/12 | Item


Claude Resources Inc. Increases Inferred Resource Base 236 % at the Seabee Gold Operation, Saskatchewan - "Claude Resources Inc. (TSX-CRJ; NYSE Amex-CGR) ("Claude" and or the "Company") today reported an updated National Instrument 43-101 ("NI 43-101") gold reserve and resource from its 100 percent owned Seabee Gold Operation, Saskatchewan, Canada." More
- 03/14/12 | Item


SEMAFO Reports 2011 Cash Flow from Operations of $172 Million - "In 2011, SEMAFO produced 250,100 ounces of gold for record sales of $395.9 million, compared to gold production of 261,100 ounces and sales of $323.3 million in 2010. Cash flow from operating activities increased to a record $171.9 million compared to $147.5 million in 2010." More
- 03/14/12 | Item


European Uranium Files Technical Report For Kuriskova Preliminary Feasibility Study - More
- 03/14/12 | Item


Blue Sky Expands High Grade Uranium Mineralization at the Ivana Project - More
- 03/14/12 | Item


Seabridge Gold Commences 2012 Exploration Program at Courageous Lake - "This year's $8.5 million exploration program at Courageous Lake is focused on finding a second major gold deposit along Seabridge's 52-kilometer-long Matthews Lake Greenstone Belt to supplement the existing multi-million ounce FAT deposit. The program includes: (1) approximately 12,500 meters of core drilling divided into a winter program now in progress and a summer program commencing in June; (2) detailed air borne magnetic and electromagnetic geophysical surveys over the thickest part of the belt and; (3) in-fill drilling of in-pit, inferred resources at the FAT deposit which could lead to an increase in reserves. Seabridge is also proceeding with environmental and engineering programs to advance the project towards permitting and enhance its design." More
- 03/14/12 | Item


USEC Reports Financial Results for the Fourth Quarter and Full Year 2011 - More
- 03/14/12 | Item


Centerra Gold Announces Board and Management Changes - "Patrick M. James has announced that he will retire as Director and Chair of the Board of Centerra Gold effective as of the 2012 Annual General Meeting (AGM) of the Company scheduled for May 17, 2012. Pat was appointed as director of Centerra in April, 2004, to assist in taking Centerra Gold public and has served as Chair of the Board since the initial public offering (IPO)." More
- 03/14/12 | Item


Timmins Gold Corp Announces Updated Resource Estimates for the San Francisco Gold Project - "Timmins Gold Corp ("Timmins Gold" or the "Company") (TSX: TMM.TO - News)(AMEX: TGD - News) is pleased to announce an updated resource estimate for the San Francisco Gold Project in the state of Sonora, Mexico. The last update was announced on September 20, 2011." More
- 03/14/12 | Item


Silvermex Reports on OTC Link Trading Status - "Silvermex Resources Inc. ("Silvermex") (TSX: SLX.TO - News) reports that, on March 13, 2012, with the consent of Silvermex, the Securities and Exchange Commission ("SEC") issued an order revoking the registration of Silvermex's common shares (traded on the over-the-counter market in the United States under the symbol "GGCRF") under section 12(g) of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act")." More
- 03/13/12 | Item


UEX Corporation Announces Closing of Bought Deal - More
- 03/13/12 | Item


Comstock Mining Hires Mine and Maintenance Supervisors - "Comstock Mining Inc. (the "Company") (NYSE Amex: LODE) announced today the appointment of Troy Hawkins as the company's Senior Mine Supervisor; and Roger Santistevan as Maintenance Supervisor. Both are knowledgeable and highly experienced mining professionals that continue the company's pattern of attracting the best quality talent from within the industry and bringing them to the Comstock." More
- 03/13/12 | Item


Paramount Gold and Silver Expands La Union High-Grade Gold Discovery at Its San Miguel Project in Mexico - "Paramount Gold and Silver Corp. (AMEX: PZG - News)(TSX: PZG - News)(Frankfurt: P6G.F - News)(WKN: A0HGKQ) ("Paramount") today reported more outstanding assay results which significantly expand the size of its new high-grade gold discovery south of the La Union zone as announced last month. Core hole LU-12-035 intersected 23.8 meters grading 4.7 g/T of gold and 6.8 g/T of silver. Hole LU-12-035 lies 80 meters south of discovery core hole LU-12-027 which intersected 79 meters grading 3.70 g/T of gold and 17.34 g/T of silver (see news release of February 16, 2012)." More
- 03/13/12 | Item


McEwen Mining Announces New Silver Discovery at the El Gallo Complex in Mexico - "McEwen Mining Inc. (NYSE: MUX - News)(TSX: MUX - News) is pleased to announce new exploration drill results from its El Gallo Complex in Sinaloa State, Mexico. Highlights include a new discovery called CSX, which returned an impressive 629.4 gpt silver over 6.1 meters and from Palmarito, which returned 240.7 gpt silver over 8.6 meters. Mineralization in both areas starts from surface. In addition, reconnaissance work in Nayarit State, which is located south of Sinaloa, has discovered an exciting silver prospect, which is showing good potential for size and grade." More
- 03/13/12 | Item


Kirkland Lake Gold Inc.: Fiscal 2012 Third Quarter Financial and Operational Results; Expansion to 2,200 Tons of Ore Per Day to Be Accelerated - "We are pleased to announce that phase three plans to advance to 2,200 tons per day of ore production will now be executed over the next fourteen months, requiring additional capital of only $20 million for the mill expansion. While this decision has slightly impacted short term gold production, the resulting production from these tonnage levels will be 250,000 - 300,000 ounces of gold at reduced costs per ton and ounce, and positions the company to realize the earning power of it's asset base earlier. This approach is consistent with the company's strategy to keep capital expenditures as low as possible. As of January, $60.6 million of the $75 million phase's one and two expansion program has increasingly been supported from cash flows. Total expansion capital should remain at or below $100 million dollars." More
- 03/13/12 | Item


Kirkland Lake Gold Inc.: Fiscal 2012 Third Quarter Financial and Operational Results; Expansion to 2,200 Tons of Ore Per Day to Be Accelerated - "We are pleased to announce that phase three plans to advance to 2,200 tons per day of ore production will now be executed over the next fourteen months, requiring additional capital of only $20 million for the mill expansion. While this decision has slightly impacted short term gold production, the resulting production from these tonnage levels will be 250,000 - 300,000 ounces of gold at reduced costs per ton and ounce, and positions the company to realize the earning power of it's asset base earlier. This approach is consistent with the company's strategy to keep capital expenditures as low as possible. As of January, $60.6 million of the $75 million phase's one and two expansion program has increasingly been supported from cash flows. Total expansion capital should remain at or below $100 million dollars." More
- 03/13/12 | Item


Crosshair Energy says uranium mining ban in Labrador ends - More
- 03/13/12 | Item


Great Panther Silver Reports 37% Increase in Revenues to $57.8 Million and $11.5 Million in Net Earnings for 2011 - "GREAT PANTHER SILVER LIMITED (TSX: GPR.TO - News)(AMEX: GPL - News) ("the Company") announces the financial results for the year ended December 31, 2011. Great Panther is pleased to report revenues for the year ended December 31, 2011 of $57.8 million, representing a 37% increase over 2010. The Company's gross profit or earnings from mining operations increased by 64% to $26.9 million for 2011, and net earnings increased 8% to $11.5 million. The Company also increased working capital to $53.8 million at December 31, 2011, from $18.8 million at the end of the prior year." More
- 03/12/12 | Item


Great Panther Silver Reports 37% Increase in Revenues to $57.8 Million and $11.5 Million in Net Earnings for 2011 - "GREAT PANTHER SILVER LIMITED (TSX: GPR.TO - News)(AMEX: GPL - News) ("the Company") announces the financial results for the year ended December 31, 2011. Great Panther is pleased to report revenues for the year ended December 31, 2011 of $57.8 million, representing a 37% increase over 2010. The Company's gross profit or earnings from mining operations increased by 64% to $26.9 million for 2011, and net earnings increased 8% to $11.5 million. The Company also increased working capital to $53.8 million at December 31, 2011, from $18.8 million at the end of the prior year." More
- 03/12/12 | Item


Taseko announces earnings for year end 2011 - "Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) announces gross profit of $86.3 million and net earnings of $27.0 million ($0.14 per share) for the year ended December 31, 2011." More
- 03/12/12 | Item


Taseko announces earnings for year end 2011 - "Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) announces gross profit of $86.3 million and net earnings of $27.0 million ($0.14 per share) for the year ended December 31, 2011." More
- 03/12/12 | Item


Gold Resource Corporation to Launch Gold and Silver Dividend - "Gold Resource Corporation (the Company) (AMEX: GORO - News) is pleased to announce the scheduled launch of its innovative gold and silver dividend program. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has paid 20 consecutive monthly dividends since declaring commercial production totaling over $41 million returned to shareholders." More
- 03/12/12 | Item


Banro Files NI 43-101 Technical Report on Namoya Project - "Banro Corporation ("Banro" or the "Company") (TSX: BAA.TO - News)(AMEX: BAA.TO - News) announces that it has filed on SEDAR and EDGAR a National Instrument 43-101 technical report in respect of the Company's Namoya Phase 1 Gold Project. This report, which was prepared by Venmyn Rand (Pty) Ltd, is dated January 24, 2012 and entitled "National Instrument 43-101 Independent Technical Report on the Namoya Gold Project, Maniema Province, Democratic Republic of the Congo"." More
- 03/12/12 | Item


Goldcorp Clarifies Chilean Press Report Following Judicial Decision Regarding El Morro Project Permit Approval - "GOLDCORP INC. (TSX: G, NYSE: GG) announces that the Appellate Court of Antofagasta issued a decision dated February 16, 2012 granting the petition of the Agricultural Community of the Huascoaltinos. The petition challenges the validity of the Resolution of Environmental Qualification (Resolucion de Calificacion Ambiental or RCA) issued by the Environmental Evaluation Commission of the Atacama Region on March 14, 2011. The RCA approved the environmental and social impact statement for the El Morro Project. Under the law of Chile, the ruling of the Appellate Court will not be effective unless and until confirmed by an order issued by the Supreme Court of Chile." More
- 03/12/12 | Item


NovaGold Appoints Melanie Hennessey as Vice President, Corporate Communications - "NovaGold Resources Inc. (TSX: NG.TO - News)(AMEX: NG.TO - News) ("NovaGold" or "the Company") is pleased to announce the appointment of Melanie Hennessey to the position of Vice President, Corporate Communications, effective immediately. In this senior role, Melanie will lead the Company's internal and external communications functions, and will work closely with Greg Lang, President & CEO, and the NovaGold Board of Directors in developing and implementing an Investor Relations and Communications plan focused on advancing its flagship 50%-owned Donlin Gold Project in Alaska." More
- 03/12/12 | Item


Paladin Energy Ltd: Labrador Inuit Lands Act Amendment-Aurora Uranium Assets, Labrador, Canada - More
- 03/12/12 | Item


Uranium Energy Corp Reports Fiscal 2012 Q2 Production Results and Provides Operations Update - More
- 03/12/12 | Item


Silver Standard Reports Fourth Quarter and Year-End 2011 Results - "2011 was a significant year in building the foundation for the future," said John Smith, President and CEO. "At Pirquitas, we resolved the technical issues and the focus going forward is on producing consistently, managing costs and extending the mine life. Other key objectives for 2012 are advancing our development projects and growing our substantial resource base. I am confident we have the team in place to achieve our long-term goals." More
- 03/12/12 | Item


Silver Standard Reports Fourth Quarter and Year-End 2011 Results - "2011 was a significant year in building the foundation for the future," said John Smith, President and CEO. "At Pirquitas, we resolved the technical issues and the focus going forward is on producing consistently, managing costs and extending the mine life. Other key objectives for 2012 are advancing our development projects and growing our substantial resource base. I am confident we have the team in place to achieve our long-term goals." More
- 03/12/12 | Item


Gold Resource Corporation to Launch Gold and Silver Dividend - "Gold Resource Corporation (the Company) (AMEX: GORO - News) is pleased to announce the scheduled launch of its innovative gold and silver dividend program. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has paid 20 consecutive monthly dividends since declaring commercial production totaling over $41 million returned to shareholders." More
- 03/12/12 | Item


Vista Gold Corp. Announces Recent Drilling Results and Update on Mt. Todd Development Plans - "Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) ("Vista" or the "Company") is pleased to announce the initial results of the current resource conversion drilling program at its Mt. Todd gold project in Northern Territory, Australia, and provide an update on the Company's development activities at the Mt. Todd gold project as the definitive feasibility study nears completion. The Company has decided to build a project development team in Australia and to evaluate the potential for a larger project than contemplated in the feasibility study." More
- 03/12/12 | Item


Kinross Funds Professorship in Mining Health and Safety at Queen's University - "Kinross Gold Corporation (TSX:K.TO - News)(NYSE: KGC - News) today announced that the Kinross Professorship in Mining and Sustainability at Queen's University, which was originally established in 2007, has been extended for five years and will be re-named the Kinross Professorship in Mining Health and Safety." More
- 03/09/12 | Item


Ghana`s gold production to rebound this year - "Ghana's full-year gold production declined by a few percentage points last year but is expected to rise in 2012, the head of its Chamber of Mines said on Friday.

Ghana is Africa's second largest gold producer after South Africa and produced 2.97 million ounces of gold in 2010. Output was originally seen rising in 2011 but in the end shrunk as a number of firms focused on longer-term maintenance and expansion projects rather than maximising existing production." More
- 03/09/12 | Item


Indonesia stands ground with foreign miners - "Indonesia's government offered a clearer view on Friday of a new regulation that limits foreign ownership in mines to no more than 49 percent, saying the rule applies to existing as well as new contracts.

The comments by senior officials in the Ministry of Energy and Minerals could unnerve foreign companies owning mines in Indonesia, including Australian miners who have played down the impact of the rule signed last month by President Susilo Bambang Yudhoyono." More
- 03/09/12 | Item


Indonesia to renegotiate all mine deals, include divestment - "Indonesia's new rule requiring foreign firms to divest majority ownership of mines applies to every miner and will form part of a planned renegotiation of all existing contracts, senior government officials said on Friday." More
- 03/09/12 | Item


Freeport-McMoRan Copper & Gold Inc. Announces Redemption Price for its 8.375% Senior Notes - "Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX - News) announced today the redemption price of $1,083.45 per $1,000 principal amount of its 8.375% Senior Notes due 2017 (“Notes”). The redemption price represents the principal amount together with the make-whole premium plus accrued and unpaid interest from October 1, 2011 to, but excluding, the redemption date. As previously announced on February 13, 2012, the Notes will be redeemed on March 14, 2012." More
- 03/09/12 | Item


Khan Files First Quarter 2012 Financial Results - More
- 03/09/12 | Item


Uranium Resources, Inc. Reviews 2011 Results and Provides Project Plans for 2012 - More
- 03/09/12 | Item


Great Basin Gold Announces C$50 Million Bought Deal Public Offering of Common Shares - "Great Basin Gold Ltd. ("Great Basin Gold" or the "Company"), (TSX: GBG.TO - News) (NYSE Amex: GBG) (JSE: GBG.TO - News) is pleased to announce that it has entered into an agreement with a syndicate of underwriters pursuant to which the underwriters have agreed to, on a bought deal basis, buy 61,000,000 common shares of the Company at a price of C$0.82 per common share for aggregate gross proceeds of approximately C$50 million (the "Offering"), by way of a short form prospectus. The Company has granted the underwriters an over-allotment option to purchase up to an additional 15% of the Offering, for a period of 30 days following the closing." More
- 03/08/12 | Item


Newmont Raises $2.5 Billion Upon Closing of Senior Notes Offering - "Newmont Mining Corporation (NYSE: NEM - News) (the "Company") today announced that it has received aggregate net proceeds of approximately $2,460 million , after deducting underwriting discounts and estimated expenses, upon the closing of its registered public offering of $1.5 billion principal amount of 3.500% senior notes due 2022 and $1.0 billion principal amount of 4.875% senior notes due 2042 (the "Notes")." More
- 03/08/12 | Item


Denison Mines Corp. Reports 2011 Results - More
- 03/08/12 | Item


Tanzanian Royalty Boosts Exploration Budget to Expand Drill Program at Buckreef Main and Eastern Porphyry Targets in Northern Tanzania - "Tanzanian Royalty Exploration Corporation is pleased to announce that board approval has been received for an additional drilling program at its Buckreef Main and Eastern Porphyry targets within the Buckreef Project Area in the Lake Victoria Goldfields in Tanzania." More
- 03/08/12 | Item


Fission Energy Corp. to Present at the Roth Capital Partners 24th Annual Growth Stock Conference on March 14, 2012 - More
- 03/08/12 | Item


PDAC-Macusani to boost Peru uranium resource by 50 pct - More
- 03/08/12 | Item


Indonesia says mine rules not just aimed at Freeport - "A new Indonesian regulation that changes the rules on foreign ownership of mines applies to all foreign companies and is not aimed specifically at the largest of those, Freeport McMoRan Copper & Gold Inc (NYS:FCX), the deputy energy and mining minister said on Thursday.

Indonesia has substantial mineral wealth and is the world's top exporter of thermal coal and tin, but attention has focused on Freeport since news on Wednesday of the regulation which could deter fresh investment in the sector." More
- 03/08/12 | Item


AuRico Gold Provides Monthly Update on Young-Davidson - "AuRico Gold Inc. (TSX: AUQ.TO - News) (NYSE: AUQ.TO - News), ("AuRico", "AuRico Gold" or "the Company") is pleased to provide the second monthly status update on the exciting Young-Davidson mine located in the prolific Abitibi gold belt in Northern Ontario.

The wet commissioning process has commenced, which allows the site team to test the process systems in order to have the mill and ancillary equipment operational and optimized prior to the delivery of ore." More
- 03/08/12 | Item


Lake Shore Gold and Franco-Nevada Complete $50 Million Royalty and Equity Investment Transaction - "Lake Shore Gold Corp. (TSX: LSG.TO - News)(AMEX: LSG.TO - News) ("Lake Shore Gold" or the "Company") today reported that the Company has closed its previously announced royalty and equity investment agreements (the "Agreements") with Franco-Nevada Corporation (TSX: FNV.TO - News)(NYSE: FNV.TO - News) ("Franco-Nevada"). Under terms of the Agreements, Franco-Nevada has paid to the Company US$35 million for a 2.25% net smelter return royalty on the sale of minerals from the Company's Timmins West Complex. In addition, Franco-Nevada has paid C$15 million to acquire 10,050,591 common shares of the Company on a private placement basis." More
- 03/08/12 | Item


PDAC-Fortuna Silver eyes deals to meet growth target - "Fortuna Silver Mines is on the prowl for takeover targets as the silver producer looks to nearly quadruple its production over the next five years.

The Vancouver-based miner, which has spent the last few years focusing on starting up its San Jose mine in Mexico, is now turning its attention to growth, chief executive Jorge Ganoza told Reuters on the sidelines of PDAC conference." More
- 03/08/12 | Item


One-day strike hits S.Africa, gold mines stop work - "Tens of thousands of South Africans staged a one-day national strike on Wednesday, hitting mining production, as the biggest labour group in the continent's largest economy flexed its muscles to remind the ruling ANC of its political clout.

Gold Fields, the world's No. 4 producer, said its operations had ground to a halt, with as many as 85 percent of workers downing tools in response to the call for a strike by the Congress of South African Trade Unions (COSATU).

Harmony Gold, another major producer, said all staff affiliated to the National Union of Mineworkers, South Africa's biggest union, had stayed away. Neither company suffered any impact to their share price." More
- 03/07/12 | Item


Indonesia to limit foreign ownership in mines - "Indonesia is to take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's top exporter of thermal coal and tin.

Under new rules announced on the energy ministry's website, Indonesia will force foreign firms to sell down stakes in mines by the 10th year of production and increase domestic ownership to at least 51 percent.

Southeast Asia's largest economy contains some of the world's richest mineral deposits and its fast-growing mining sector accounts for more than a tenth of GDP. Grasberg on eastern Papua island is the world's largest gold mine." More
- 03/07/12 | Item


Extorre Gold Mines Announces C$25 Million Bought Deal Private Placement Financing - "Extorre Gold Mines Limited (AMEX: XG.TO - News) (TSX: XG.TO - News) (Frankfurt:E1R.F - News) ("Extorre" or the "Company") is pleased to announce that it has entered into an agreement pursuant to which an underwriter (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")." More
- 03/07/12 | Item


Great Basin Gold Provides Operational and Exploration Update - "With improvements, both made and planned, to underground infrastructure at Burnstone, the build-up is proceeding well to reach our milestone of 1,500 ore development meters per month in Q2 2012 and our interim production milestone of 10,000 oz per month in early Q3 2012. This will lay the foundation for the project to achieve its potential optimal production rates of 220,000 - 250,000 Au oz per annum, and including Hollister, for the Company to achieve 320,000 - 350,000 Au eqv oz in total production per annum." More
- 03/07/12 | Item


New Gold Announces Further Increase in Gold Resources at Blackwater Project - "This update adds an additional one month of drill data to the resource database, or 43 holes totaling 21,612 metres, when compared to the February 2, 2012 resource update. The resource now includes all drilling results through the end of December 2011 and is based on 261 holes totaling 89,460 metres. The addition of the December 2011 drill results increased the indicated and inferred gold resource by 47,000 ounces and 420,000 ounces, respectively. The majority of the drilling late in 2011 was focused on the northern half of the deposit which has historically had less drilling than the southern half." More
- 03/07/12 | Item


Pretivm Reports Fourth Quarter and Year-End 2011 Results - "Subsequent to the end of the quarter, Pretivm announced the positive results of a 43-101-compliant Preliminary Economic Assessment ("PEA") for the high-grade gold and silver resources identified to date at our Brucejack Project (see news release dated February 22, 2012). Based on metals prices of US$1,100 per ounce gold and US$21 per ounce silver, the Base Case estimated pre-tax Net Present Value (5% discount) is US$2.262 billion, with an internal rate of return of 29.8%. The PEA contemplates average annual production for the first 12 years of 325,000 ounces of gold and for the 24 year life of mine 287,000 ounces of gold, an estimated capital cost, including contingencies, of US$436.3 million and an average processing rate of 1,500 tonnes/day with operating costs of C$170.90 per tonne milled." More
- 03/07/12 | Item


Pretivm Reports Fourth Quarter and Year-End 2011 Results - "Subsequent to the end of the quarter, Pretivm announced the positive results of a 43-101-compliant Preliminary Economic Assessment ("PEA") for the high-grade gold and silver resources identified to date at our Brucejack Project (see news release dated February 22, 2012). Based on metals prices of US$1,100 per ounce gold and US$21 per ounce silver, the Base Case estimated pre-tax Net Present Value (5% discount) is US$2.262 billion, with an internal rate of return of 29.8%. The PEA contemplates average annual production for the first 12 years of 325,000 ounces of gold and for the 24 year life of mine 287,000 ounces of gold, an estimated capital cost, including contingencies, of US$436.3 million and an average processing rate of 1,500 tonnes/day with operating costs of C$170.90 per tonne milled." More
- 03/07/12 | Item


Uranium One Announces Record Revenue of $530 Million and Total Cash Costs of $14 per Pound for 2011 - More
- 03/06/12 | Item


Fresnillo 2011 profit boosted by silver price - "Fresnillo, the world's largest primary silver producer, said robust metals prices boosted 2011 profit and helped more than double its final dividend, offsetting rising electricity prices, wages and the cost of tighter safety controls.

The Mexican miner has no debt and $685 million in cash on its balance sheet at the end of 2011, but said it was unlikely to repeat December's extraordinary dividend this year because of its exploration push and spending on new mines to offset lower grades at its flagship Fresnillo mine, active for 500 years." More
- 03/06/12 | Item


Almaden Hits 7.73 Meters of 3.93 g/t Gold and 249.5 g/t Silver (9.0 g/t AuEq) on Main Ixtaca Zone - "Almaden Minerals Ltd. (TSX: AMM.TO - News)(AMEX: AAU - News) ("Almaden" or "the Company") is pleased to announce results from the 2011 drilling program on the Company's 100% owned Tuligtic project, Mexico with holes TU-11-81, 88, 93 and 94. Holes TU-11-81 and 88 were drilled on the Main Ixtaca Zone and holes TU-11-93 and 94 were drilled on the northeast extension located along strike and north of the Main Ixtaca Zone." More
- 03/06/12 | Item


Uranium Energy Corp Announces an Inferred Resource of 5.5 Million Pounds U3O8 at the Company's Workman Creek Project in Arizona - More
- 03/06/12 | Item


International Tower Hill Mines Validates Resource Estimate at the Livengood Gold Project, Alaska - "International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX: ITH.TO - News)(AMEX: THM - News)(Frankfurt: IW9) has received the results for 73 in-fill drill holes completed late in 2011 which confirm the integrity of the May 2011 resource estimate reported in August 2011 at the Livengood Gold Project near Fairbanks, Alaska. Based on the latest results (see Table 3), new internal resource estimates calculated for three areas of the deposit have been verified within 1% to contain the same tonnage, grade and contained ounces of gold as those calculated from the nominal 50-metre-spaced grid drilling used to calculate the May 2011 resource. This positive outcome marks the conclusion of confirmation drilling at the Livengood gold deposit as the Company focuses on district-wide exploration within its 145 km2 land package as well as condemnation/geotechnical drilling in support of permitting activities in 2012." More
- 03/06/12 | Item


Allied Nevada Announces Appointment of Steven Jones as Executive Vice President and Chief Financial Officer - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX: ANV.TO - News)(AMEX: ANV.TO - News) is pleased to announce that Steven Jones has joined the Company as Executive Vice President and Chief Financial Officer, effective immediately. In addition to leading the Company's financial functions, Steve will be integral to building the financial requirements, finalizing concentrate marketing schemes and positioning the Company for the next phase of development as we build the $1.2 billion capital expansion at Hycroft." More
- 03/06/12 | Item


Newmont Announces Pricing of Senior Notes Offering - "Newmont Mining Corporation (NYSE: NEM - News) (the "Company") today announced the pricing of its public offering of $2.5 billion of senior notes, consisting of 3.500% senior notes due 2022 in the principal amount of $1.5 billion and 4.875% senior notes due 2042 in the principal amount of $1.0 billion (the "Notes"). Subject to customary conditions, the offering is expected to close on March 8, 2012. The offering is being made pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission." More
- 03/06/12 | Item


Ur-Energy Reports 2011 Financial Results - More
- 03/06/12 | Item


Ecuador signs first large-scale mining contract - "Ecuador's President Rafael Correa on Tuesday signed the country's first ever large-scale mining contract, which calls for Chinese-owned Ecuacorriente to invest $1.4 billion in the El Mirador copper project.

Ecuador has no mining industry to speak of and Correa, a U.S. trained economist, is eager to attract investment to tap the country's big copper, gold and silver deposits and diversify the economy from its dependency on oil exports." More
- 03/05/12 | Item


Crosshair Files Technical Report for Bootheel - More
- 03/05/12 | Item


Goldcorp declares third monthly dividend payment for 2012 - "GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its third monthly dividend payment for 2012 of $0.045 per share. Shareholders of record at the close of business on Thursday, March 15, 2012 will be entitled to receive payment of this dividend on Friday, March 23, 2012. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends." More
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Dar passes law on Uranium mining - More
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Uranerz Energy Corporation Letter to Shareholders - More
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PDAC-Money returning for mining equity, bankers say - "There's a new appetite for equity financing in the global mining sector, as investors tiptoe back into a market that has fretted about funding for the last six months.

Boosted by firm metals prices and a less pessimistic outlook for a still-fragile global economy, many mining companies are again able to sell shares in secondary offerings or tempt investors with an initial public offering." More
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Newmont Announces Proposed Offering of Senior Notes - "Newmont Mining Corporation (NYSE: NEM - News) (the "Company") today announced its intention to offer, subject to market and other conditions, senior unsecured notes pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission. The notes will be guaranteed on a senior unsecured basis by the Company's subsidiary Newmont USA Limited." More
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NovaGold Reports Significant New Drill Results at Galore Creek - "NovaGold Resources Inc. ("NovaGold" or the "Company") (TSX: NG.TO - News)(AMEX: NG.TO - News) is pleased to announce results from a 10,000 meter resource infill drilling program on the 50%-owned Galore Creek property located in the Territory of the Tahltan Nation in North Western British Columbia, Canada. The Galore Creek property is held by a partnership owned equally by wholly-owned subsidiaries of NovaGold and Teck Resources Limited ("Teck") (NovaGold and Teck together "the Partners") and managed by Galore Creek Mining Corporation ("GCMC"). NovaGold announced the results of the Pre-Feasibility study on the Galore Creek project (the "Pre-Feasibility Study") by news release dated July 27, 2011(1). The 2011 campaign confirmed previous drill results produced by GCMC as well as the potential for substantial extension of chalcopyrite and bornite mineralization beyond the current limits of the 528Mt Reserve Pits provided for in the Pre-Feasibility Study." More
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AuRico Reports the Addition of Over 1 Million Ounces of Proven and Probable Reserves at Young-Davidson and the Discovery of Over 1.4 Million Ounces of Measured - "AuRico Gold Inc. (TSX:AUQ.TO - News) (NYSE: AUQ.TO - News), ("AuRico" or "AuRico Gold" or the "Company") today reported its updated Reserves and Resources, as at December 31st, 2011, which includes a 217% increase to Proven and Probable reserves, and a 758% increase in Measured and Indicated resources. The significant growth in resource inventory has been driven both by the strategic acquisitions of Capital Gold Corporation (April 2011) and Northgate Minerals Corporation (October 2011) as well as additions and discoveries of new mineralization at AuRico's North American properties." More
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First Majestic Announces New Record Earnings & Cash Flows for 2011 - "First Majestic has experienced another year of strong growth. The commercialization of the 1,000 tpd flotation circuit at La Parrilla was a major milestone for 2011. The recent commercialization of the 1,000 tpd cyanidation circuit at La Parrilla also mark the culmination of First Majestic's second largest mill expansion in the Company's history, second only after the La Encantada expansion completed in 2010. However, 2012 will see the Company's largest investment in Mexico ever with the construction of what will become the largest mine in the Company's portfolio, the Del Toro Silver Mine which is progressing well." More
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First Majestic Announces New Record Earnings & Cash Flows for 2011 - "First Majestic has experienced another year of strong growth. The commercialization of the 1,000 tpd flotation circuit at La Parrilla was a major milestone for 2011. The recent commercialization of the 1,000 tpd cyanidation circuit at La Parrilla also mark the culmination of First Majestic's second largest mill expansion in the Company's history, second only after the La Encantada expansion completed in 2010. However, 2012 will see the Company's largest investment in Mexico ever with the construction of what will become the largest mine in the Company's portfolio, the Del Toro Silver Mine which is progressing well." More
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Gold Resource Corporation Hires Chief Operating Officer - "Gold Resource Corporation (NYSE Amex: GORO) is pleased to announce hiring Mr. Rick Irvine as the Company's Chief Operating Officer (COO). Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico." More
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Extorre Announces High Grade Drilling Results at Cerro Moro - "Extorre Gold Mines Limited (TSX: XG.TO - News)(AMEX: XG.TO - News)(Frankfurt: E1R.F - News) ("Extorre" or the "Company") is pleased to announce high grade gold-silver assays from drilling at Cerro Moro, Santa Cruz Province, Argentina. The assays relate to 83 drill holes, 36 from in-fill and step-out drilling at Zoe and 47 from testing other veins on the property." More
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Alexco Expands 2012 Surface and Underground Exploration Plans For Keno Hill Silver District - "Alexco Resource Corp. (TSX: AXR.TO - News) (AMEX: AXU - News) today announces plans to increase exploration spending by 50% to $12 million in 2012. The Company will expand its efforts in both surface and underground exploration in the Keno Hill Silver District, Yukon, where its Bellekeno mine continues to ramp up silver production to an estimated 2.2 to 2.5 million ounces of silver in 2012." More
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Paramount Gold and Silver Reports Gold Grades Up to 27.1 g/T From Bulk-Minable San Francisco Deposit in Mexico - "Paramount Gold and Silver Corp. (AMEX: PZG - News)(TSX: PZG - News)(Frankfurt: P6G.F - News)(WKN: A0HGKQ) ("Paramount") reported today that new drilling has found higher gold grades at the San Francisco target on its 100%-owned San Miguel Project in Mexico. Eight new holes in the northern and western portions of the San Francisco deposit have returned: (a) higher-grade mineralization up to 27.1 g/T of gold and 24.0 g/T of silver; and (b) near surface, wide intercepts including 23.6 meters grading 1.51 g/T of gold and 11.9 g/T of silver, confirming the bulk tonnage nature of this deposit. Drilling continues at the San Miguel Project with three core rigs." More
- 03/04/12 | Item


Tanzanian Royalty Announces Awarding of Contract for RC Drilling Program at Buckreef Gold Project in Tanzania - "Tanzanian Royalty is pleased to announce that Aqua Drill Tech (U) Ltd. has been awarded a contract to complete 7,200 metres of Reverse Circulation (RC) drilling at the Company’s Buckreef Gold Project in the Lake Victoria Goldfields of Tanzania." More
- 03/02/12 | Item


Franco-Nevada Provides Update on Corporate Activities - "Franco-Nevada Corporation (TSX: FNV.TO - News) (NYSE: FNV.TO - News) ("Franco-Nevada") is pleased to provide an update on its corporate activities and details for the release of its 2011 financial results." More
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PDAC-Miners hopeful of emerging from a late 2011 funk - "Detour Gold last month sold C$277 million of equity to investors willing to bet on its promising gold project - a hefty sum that bankers say the Canadian company would have struggled to raise barely two months earlier.

Detour's success in raising funds is one of many small signs that the malaise that gripped miners, explorers and investors in late 2011 is easing. A brighter economic outlook has brought a ray of optimism back to the global mining sector, which gathers next week in Toronto for its biggest convention of the year." More
- 03/02/12 | Item


Banro Closes US$175 Million Debt Financing and Provides Twangiza & Namoya Updates - "Banro Corporation ("Banro" or the "Company") (AMEX: BAA.TO - News)(TSX: BAA.TO - News) is pleased to announce the closing of its US$175 million debt financing detailed in its press release dated February 24, 2012." More
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Barrick Announces Inaugural Members of Corporate Social Responsibility Advisory Board - "Barrick Gold Corporation is pleased to announce it has established a Corporate Social Responsibility (CSR) Advisory Board and named five distinguished individuals to serve as inaugural members. The Advisory Board will provide external advice and guidance to Barrick management on the Company's global CSR performance and evolving best practices in CSR." More
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First Uranium announces the sale of all of its principal operating assets, arrangement for a $10 million bridge loan facility - More
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Silver Bull Appoints Vice President of Metallurgy - "Mr. Rawsthorne has over 40 years of experience in the mining and metallurgical / process industry including management roles in operations, project studies and construction, as well as plant commissioning and optimization. As a direct employee or as a consultant he has been involved with numerous projects encompassing commodities which include; copper, molybdenum, lead, zinc, silver, gold, tungsten and uranium. Roles he has previously held include; mill manager, lead process engineer, and lead metallurgist, as well as also working as an independent consultant to review mining operations for companies and banks. Companies he has previously been associated with include; (Cominco) Teck Corporation, Rabbit Lake Uranium, Placer Development's Gibraltar Mine, Mount Pleasant Tungsten Mine and Dome Mine's Detour Lake Mine as well as numerous junior and mid-tier mining and exploration companies." More
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Cameco Announces Agreement to Acquire Majority Ownership of the Millennium Project - More
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Uranium Resources Signs Definitive Agreement to Acquire Neutron Energy and Executes Financing Agreement with Resource Capital Fund - More
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Taseko Takes Legal Action Against Western Canada Wilderness Committee - "Taseko Mines Limited (TSX: TKO.TO - News) (NYSE Amex: TGB) ("Taseko" or the "Company") today filed a Notice of Civil Claim against the Western Canada Wilderness Committee and Sven Biggs, the Outreach Director of that organization for a series of false and defamatory statements concerning Taseko and its proposed New Prosperity Gold-Copper Project." More
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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. The combination of increased gold production, well below industry average total cash cost(1) and continued strength in commodity prices led New Gold to the strongest financial performance in the company's history. When compared to 2010, earnings from mine operations increased by 54% to $315 million, net earnings increased by 212% to $179 million, or $0.42 per share, and net cash generated from operations increased by 23% to $230 million. New Gold is also pleased to reiterate its guidance for 2012 with the targeted start of the New Afton Mine in June set to increase gold production further to 405,000 to 445,000 ounces at a lower annual total cash cost(1) per ounce sold, net of by-product sales, of $410 to $430 per ounce." More
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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. The combination of increased gold production, well below industry average total cash cost(1) and continued strength in commodity prices led New Gold to the strongest financial performance in the company's history. When compared to 2010, earnings from mine operations increased by 54% to $315 million, net earnings increased by 212% to $179 million, or $0.42 per share, and net cash generated from operations increased by 23% to $230 million. New Gold is also pleased to reiterate its guidance for 2012 with the targeted start of the New Afton Mine in June set to increase gold production further to 405,000 to 445,000 ounces at a lower annual total cash cost(1) per ounce sold, net of by-product sales, of $410 to $430 per ounce." More
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Energy Fuels Announces Updated Preliminary Feasibility Study and Improved Economics for Sheep Mountain Project - More
- 03/01/12 | Item


NWT Uranium Corp Releases Unaudited Condensed Interim Financial Statements - More
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Silvermex Aims to Deliver Resource and Production Growth in 2012 - "Silvermex Resources Inc. ("Silvermex") (TSX: SLX.TO - News) is focused on delivering growth through expansion of resources and production in 2012. Building on 2011, which was a transitional year for Silvermex, the Company's efforts will be centered on upgrading and expanding resources to deliver sustainable production from the La Guitarra Mine, as well as delineating future production centers within the Temascaltepec Mining District for near-term production expansion. Over the course of 2011, Silvermex's focus was on rebuilding, upgrading and redeveloping the La Guitarra Mine. The Company's primary goal of reaching mill designed production capacity and achieving positive cash flow from operations was accomplished ahead of schedule and under budget." More
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Entree Gold Intersects 759 Metres of 0.45% Cu at Ann Mason; Preliminary Metallurgy Indicates Excellent Copper Recoveries - "Entree Gold Inc. (TSX: ETG.TO - News)(AMEX: EGI - News)(Frankfurt: EKA.F - News) ("Entree" or the "Company") has received complete assay results from four additional diamond drill holes on its 100% owned Ann Mason copper-molybdenum porphyry deposit in the Yerington district of Nevada. Hole EG-AM-11-020 intersected 759 metres of 0.45% Cu (0.49% CuEq), which is well above the average grade of the deposit. Holes EG-AM-11-019, 020 and 021 are located in the western portion of the deposit and have expanded the boundary of potentially economic mineralization." More
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European Uranium Resources Ltd. 2012 Outlook - More
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Aurizon Mines Ltd.: Marban Eastern Down Dip Zone Returns 6.4 Grams per Tonne of Gold over 8.9 metres - "Aurizon Mines Ltd. (TSX: ARZ.TO - News)(AMEX: AZK - News) is pleased to announce initial drill results from the second phase program at the Marban property, located in the Malartic gold camp, Abitibi region of Quebec.

Results from 15 new drill holes completed on the Marban gold deposit are included in this release. Drill results are tabled on the following pages." More
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Minefinders Announces Notice to Holders of 4.50% Convertible Senior Notes Due 2015 - "Minefinders Corporation Ltd. ("Minefinders" or the "Company") today announced that it has provided a notice (the "Notice"), to all holders (the "Noteholders") of its 4.50% Convertible Senior Notes due 2015 (the "Notes"), of certain matters relating to the recently announced proposal of Pan American Silver Corp. ("Pan American") to acquire all of the issued and outstanding common shares of Minefinders ("Common Shares"). The Notice was provided by the Company pursuant to the indenture (the "Indenture"), dated as of November 3, 2010, between Minefinders and The Bank of New York Mellon, as trustee (the "Trustee"), which governs the terms of the Notes." More
- 03/01/12 | Item