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Important Permit for Continued Operations on the Kigosi Licenses Has Been Received from the Tanzanian Ministry of Natural Resources - "Joseph Kahama, Chairman and COO (Tanzania) of Tanzanian Royalty Exploration Corporation said that a contract for continued operations will now be negotiated with the Ministry. Having operated there now for more than nine years the tenets of the contract should mirror previous arrangements. Therefore this exercise should be simple." More
- 05/31/12 | Item


Revett Announces Results of 2012 AGM and Strengthens Senior Management Team With Two Key Appointments - "The appointments of both Doug and Paul are significant steps in our ongoing focus on productivity at Troy along with our continued work with the Federal agencies associated with permitting of Rock Creek. Both Doug and Paul are committed and experienced professionals and we welcome them to their new and expanded roles." More
- 05/31/12 | Item


Golden Minerals Announces Sale of Platosa Royalty for $2.4 Million and Engages Canaccord Genuity for the Sale of the Zacatecas Land Package - "Our agreement with Excellon is step two in our exploration rationalization program. We previously announced that Golden Tag, our partner at the San Diego property in Durango State, Mexico, would carry the cost of moving that project forward. We will have more to report about our exploration activity as the year progresses and we are pleased with our efforts to date with the objective of establishing Golden Minerals as an internally funded entity." More
- 05/31/12 | Item


Excellon Agrees to Purchase La Platosa 1% Nsr from Golden Minerals - "Excellon Resources Inc. (EXN.TO) ("Excellon" or "the Company") Mexico's highest grade silver producer, is pleased to announce that it has agreed with Golden Minerals Company ("Golden") on a transaction to purchase from Golden the 1% Net Smelter Return Royalty ("NSR") on the Platosa Mine for an amount of US $2.4 million." More
- 05/31/12 | Item


Eldorado Gold Corporation to De-List From Australian Securities Exchange - "Eldorado Gold Corporation ("Eldorado") ("the Company" or "We") (ELD.TO)(EGO)(EAU.AX) today confirmed its intention to be removed from the official list of the Australian Securities Exchange ("ASX") effective at the close of trading on August 31, 2012 (Sydney time). Eldorado had previously announced on February 24, 2012 that it intended to de-list from the ASX (see news release 12-09)." More
- 05/30/12 | Item


Royal Gold Expands and Extends Revolving Credit Facility - "Royal Gold, Inc. (RGLD) (RGL.TO) today announced that it has amended and restated its revolving credit facility (“Revolver”) to provide maximum availability of $350 million, and to extend the maturity date to May 30, 2017. The Revolver is provided by HSBC Bank USA, National Association, The Bank of Nova Scotia, and Goldman Sachs Bank USA." More
- 05/30/12 | Item


Gold Reserve Announces Signing of Definitive Restructuring Agreement in Connection with its 5.50% Senior Subordinated Convertible Notes due 2022 - "Gold Reserve Inc. (TSX VENTURE:GRZ) (NYSE MKT:GRZ) (the “Company”) is pleased to announce that further to its news release dated May 17, 2012, it has entered into a definitive agreement generally encompassing the terms described in such news release (the “Restructuring Agreement”) with the three largest holders (the “Large Noteholders”) of its 5.50% Senior Subordinated Convertible Notes due 2022 (the “Notes”) in connection with the proposed restructuring of the Notes (the “Proposed Restructuring”). The Large Noteholders hold 87.8% of the outstanding Notes." More
- 05/30/12 | Item


Excellon Announces La Platosa, Drill Holes Continue to Encounter Source Environment Indicators and Reports Assays from DeSantis, Timmins, Ontario - "We are very encouraged by the Rincon del Caido intersections, which continue to reinforce our belief that this is an important Source environment area. With the planned addition of a drill rig to this area, we are demonstrating this belief that the area holds considerable discovery potential and validates our strategy as we continue to develop exploration targets for both additional manto mineralization and the Source of the high-grade Platosa mantos. Mr. Sullivan further added: "The DeSantis intersection is also encouraging and work is underway to determine its potential significance." More
- 05/30/12 | Item


SEMAFO Further Expands the Wona-Kona Deposit at Mana - "SEMAFO (SMF.TO)(SMF.ST) today announced drill results from the Wona-Kona deposit at its Mana Mine in Burkina Faso, returning consistent wide zones of mineralization and extending the gold oreshoots. These impressive results support the Corporation's decision to revisit the mining scenarios and assess potential improvements to the Wona-Kona overall project economics. Recent drilling continues to add significant mineralization within both the Wona SW and Kona sectors, where shallowly plunging oreshoots have been traced down more than 400 vertical meters." More
- 05/30/12 | Item


Silvermex Resources Obtains Interim Order for Plan of Arrangement - "Silvermex Resources Inc. ("Silvermex") (SLX.TO) is pleased to announce that it has obtained an interim order from the Supreme Court of British Columbia authorizing, among other things, the holding of the Company's annual general and special meeting of securityholders (the "Meeting") and matters relating to the conduct of such Meeting. At the Meeting, Silvermex shareholders, option holders and warrant holders, (collectively "Silvermex Securityholders") will be asked, among other things, to consider and, if deemed advisable, to pass a special resolution approving the plan of arrangement (the "Arrangement"), announced on April 3, 2012, between First Majestic Silver Corp. ("First Majestic") and Silvermex." More
- 05/30/12 | Item


Paladin Energy Ltd Announces Settlement of Tender Offer - More
- 05/30/12 | Item


Brigus Reports High Grade Gold Results at the Contact Zone on the Black Fox Complex - "Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE Amex: BRD; TSX: BRD) is pleased to announce that exploration drilling on the southern portion of the Black Fox Complex continues to return high-grade gold assays from the Contact Zone (“Contact Zone”)." More
- 05/30/12 | Item


Extorre Proposes Staged Development for Cerro Moro - "Cerro Moro is very well suited to our preferred staged development approach because of the reduced initial capital requirements and our ability to rapidly and selectively access very high grade mineralized zones. In fact the head grade on a diluted basis exceeds 30 g/t for the first stage of production." More
- 05/30/12 | Item


December 31st Reserve & Resources Update; Steady Increases for the SMC and Mine Wide in Key Categories - "Notwithstanding the property and area constraints that we operated under, the exploration team added quantity as well as quality to the Company's resource and reserve picture - in addition to drilling the highest grade 47 foot true width intercept in the camp's history!" said Company President, Brian Hinchcliffe. "Note that the resource and resource figures in this release were as at the end of December 2011 and do not include the very high grade ounces to be acquired in the recently announced joint venture acquisition." More
- 05/30/12 | Item


Vista Gold Corp. Announces Appointment of John F. Engele as Sr. Vice President - CFO - "Vista Gold Corp. ("Vista" or the "Corporation") (NYSE MKT and TSX: VGZ) today announced the appointment of John F. ("Jack") Engele as Sr. Vice President - Chief Financial Officer ("CFO") of the Corporation. Ms. Terri Eggert, Interim Chief Financial Officer, will continue with the Corporation for a short period to ensure a smooth transition." More
- 05/30/12 | Item


Gold Resource Corporation Declares May Monthly Dividend - "Gold Resource Corporation (GORO) (GORO) declares its instituted monthly dividend of $0.06 per common share for May 2012 payable on June 25, 2012 to shareholders of record as of June 11, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico." More
- 05/30/12 | Item


Gold Resource Corporation Declares May Monthly Dividend - "Gold Resource Corporation (GORO) (GORO) declares its instituted monthly dividend of $0.06 per common share for May 2012 payable on June 25, 2012 to shareholders of record as of June 11, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico." More
- 05/30/12 | Item


Cameco Investor Webcast Advisory - More
- 05/29/12 | Item


IMPACT Silver Announces First Quarter 2012 Financial and Production Results - "IMPACT Silver Corp. ("IMPACT" or "The Company") reports financial and production results for the first quarter 2012, ended March 31. The first quarter results were lower compared to the same period in 2011 due to unfavorable foreign exchange fluctuations relative to the Canadian and U.S. dollars and the Mexican peso, and the decreasing silver grades at depth in the Chivo Mine, which is currently being addressed by accelerating plans to bring the high-grade Oscar Mine into production before year-end." More
- 05/29/12 | Item


Kirkland Lake Gold Announces Power Resumption - "Kirkland Lake Gold Inc. (KGI.TO - News)(KGI.L - News), ('Kirkland Lake' or the 'Company'), an operating and exploration gold mining Company in Northern Ontario, Canada, announces that full power was restored to its milling and mining complex on Monday, May 28, 2012. The Company intends to recommence full production on Thursday May 31st. Employees are to return to work on their normal schedule on Thursday May 31, 2012 day shift, any employee required before then will be contacted directly. The Company took advantage of this downtime to complete maintenance and other project work that would have required an electrical shut down in the future." More
- 05/29/12 | Item


Attention US Gold Canadian Acquisition Corporation Exchangeable Share Holders: - "US Gold Canadian Acquisition Corporation (the "Corporation") announced today that all of the outstanding exchangeable shares (UXE.TO) of the Corporation (the "Exchangeable Shares") (other than Exchangeable Shares held by McEwen Mining Inc. and its subsidiaries) were acquired by US Gold Alberta ULC ("Callco") on May 29, 2012. This means if you held a share of US Gold Canadian Acquisition Corp. you will now receive a share of McEwen Mining Inc. (MUX)(MUX.TO). The Corporation has applied to the Toronto Stock Exchange to voluntarily delist the Exchangeable Shares effective as of the close of trading on May 30, 2012." More
- 05/29/12 | Item


Loncor Resources Outlines Significant Maiden Gold Resource of One Million Ounces Grading 7.59 g/t Au at its Makapela Prospect in D.R.Congo - "Loncor Resources Inc. (the "Company" or "Loncor") (LN.V)(LON)(LON) is pleased to announce its maiden Mineral Resource estimate at the Company's Makapela prospect, Ngayu Gold Project, northeastern Democratic Republic of the Congo (the "DRC")." More
- 05/29/12 | Item


Buenaventura Announces Strike at Orcopampa Mine - "Compañia de Minas Buenaventura S.A.A. (“the Company” or “Buenaventura”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), announced today that within the frame of annual collective negotiations the Orcopampa Union began a strike at 12:00 a.m. on May 26, 2012." More
- 05/29/12 | Item


Strateco's 2012 Drilling Program Yields More Excellent Results - More
- 05/29/12 | Item


Kimber Intercepts 2.1 Metres Grading 4.3 g/t Gold and 167 g/t Silver in a New Structure Over 200 Metres Northeast of the Carmen Deposit - "Kimber Resources Inc. (KBR.TO)(KBX)(KBX) is pleased to announce the results from two drill holes designed to test for new structures in the "Carmen East" area on its 100%-owned Monterde property. Drill hole MTC-163 intercepted multiple mineralized structures, including two with high-grade gold-silver mineralization: one returning 4.3 g/t gold and 166.6 g/t silver over 2.1 metres and the other grading 3.2 g/t gold and 222.0 g/t silver over 1.5 metres." More
- 05/29/12 | Item


Power Restored at the Young-Davidson Mine - "AuRico Gold Inc. (AUQ.TO) (AUQ), ("AuRico" or "the Company") reports that full power has been restored by Hydro One at the Young-Davidson mine and the mill facility is fully energized and ore processing activities are anticipated to commence shortly. For the ten days prior to the shut-down, the mill had attained designed capacity, averaging 6,048 tonnes per day." More
- 05/29/12 | Item


Anglogold Ashanti Secures 100% Ownership of Serra Grande - "AngloGold Ashanti (AU), which currently holds, through its subsidiaries, a 50% interest in the Serra Grande (Crixás) mine in Brazil, has agreed to acquire the remaining 50% stake in the mine from Kinross Gold Corporation ("Kinross") for US$220 million in cash ("the transaction"). The transaction will be funded from existing cash reserves and debt facilities and remains subject to various conditions, detailed below." More
- 05/29/12 | Item


Kinross Agrees to Sale of Crixas Interest for $220 Million - "Kinross Gold Corporation (K.TO)(KGC) announced today that it has entered into a purchase and sale agreement with subsidiaries of AngloGold Ashanti Ltd. (JSE:ANG)(AU) ("AngloGold Ashanti"), pursuant to which Kinross will sell its 50% interest in the Crixas gold mine (Serra Grande), located in the State of Goias, Brazil, to AngloGold Ashanti for gross cash proceeds of US$220 million. AngloGold Ashanti is the other 50% owner and operator of Crixas." More
- 05/29/12 | Item


Peru uses emergency rules to try to end anti-mining protest - "Two people were killed and 50 were injured in protests against Xstrata's Peruvian copper mine Tintaya on Monday, prompting the government to suspend freedom of assembly in a bid to break roadblocks isolating the mine.

At least 30 of the injured were police and one judicial official was detained by protesters in the mountainous southern region of Cusco, officials said." More
- 05/29/12 | Item


Silvercorp Provides Update on Production at the Ying Mine in Henan Province, China - "Silvercorp Metals Inc. ("Silvercorp") (SVM.TO)(SVM) today reported that production at its Ying Mine, in Henan, China will be interrupted for approximately 5 days in the current quarter as a result of power interruptions. The power interruptions are the result of work being done to relocate power lines in order to accommodate new highway construction. Silvercorp's management team is working closely with the relevant authorities to ensure power to Silvercorp is restored as soon as possible to minimize the impact on the Company's operations." More
- 05/29/12 | Item


Peru declares emergency over mine protest: reports - "Media reports say that two people were killed and 50 were injured in protests against the mine, located in the southern area of Cusco. Reuters quoted President Ollanta Humala as saying in a TV address that the protests were not peaceful." More
- 05/29/12 | Item


AngloGold to buy rest of Brazil firm for $220M - "South African-based AngloGold Ashanti Ltd. Tuesday said it has agreed to buy the remaining 50% stake it didn't already own in Brazil's Serra Grande or Crixas gold mining complex for $220 million.

Gold miners around the world are looking further afield to boost their gold reserves as high quality gold deposits become harder to find and demand for the yellow metal remains robust. Concerns about the health of the global economy and the European sovereign debt crisis have prompted central banks to buy gold as safe-haven investment while fast-paced economic growth in emerging markets such as India have boosted demand for the yellow metal." More
- 05/29/12 | Item


AngloGold to buy rest of Brazil firm for $220M - "South African-based AngloGold Ashanti Ltd. Tuesday said it has agreed to buy the remaining 50% stake it didn't already own in Brazil's Serra Grande or Crixas gold mining complex for $220 million.

Gold miners around the world are looking further afield to boost their gold reserves as high quality gold deposits become harder to find and demand for the yellow metal remains robust. Concerns about the health of the global economy and the European sovereign debt crisis have prompted central banks to buy gold as safe-haven investment while fast-paced economic growth in emerging markets such as India have boosted demand for the yellow metal." More
- 05/29/12 | Item


AngloGold to buy rest of Brazil firm for $220M - "South African-based AngloGold Ashanti Ltd. Tuesday said it has agreed to buy the remaining 50% stake it didn't already own in Brazil's Serra Grande or Crixas gold mining complex for $220 million.

Gold miners around the world are looking further afield to boost their gold reserves as high quality gold deposits become harder to find and demand for the yellow metal remains robust. Concerns about the health of the global economy and the European sovereign debt crisis have prompted central banks to buy gold as safe-haven investment while fast-paced economic growth in emerging markets such as India have boosted demand for the yellow metal." More
- 05/29/12 | Item


Brigus Gold Resumes Milling Operations at Black Fox - "Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE Amex: BRD; TSX: BRD) reports that power has been restored at its Black Fox Mill and operations have resumed. The Company reported on Friday, May 25th that severe forest fires had caused a power disruption which temporarily suspended milling operations. Mining operations were not affected by the fire and there has been no damage to the Company’s assets." More
- 05/29/12 | Item


Lake Shore Gold Resumes Mining Operations at Timmins West Mine - "Lake Shore Gold Corp. (LSG.TO)(LSG)(LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has commenced safety, ventilation and maintenance checks at its Timmins West Mine as of 7:00 pm on Sunday, May 27, 2012, with full production at the mine to resume tomorrow morning (Monday, May 28, 2012) at 7:00 am. The Company had suspended operations last Thursday due to high winds and smoke from a forest fire west of Timmins, Ontario. Based on improving wind conditions and progress by the Ministry of Natural Resources in combating the forest fire, air quality at the mine site has returned to normal and the Company is now positioned to safely resume mine production." More
- 05/29/12 | Item


Royal Gold Announces Third Quarter Dividend - "Royal Gold, Inc. (NASDAQ:RGLD; TSX:RGL), today announced that its Board of Directors has declared its third quarter dividend of US$0.15 per share of common stock. The dividend is payable on July 20, 2012 to shareholders of record at the close of business on July 6, 2012. The quarterly dividend of US$0.15 is also payable to holders of exchangeable shares of RG Exchangeco. This dividend is designated as an “eligible dividend” for Canadian tax purposes." More
- 05/25/12 | Item


Royal Gold Announces Third Quarter Dividend - "Royal Gold, Inc. (NASDAQ:RGLD; TSX:RGL), today announced that its Board of Directors has declared its third quarter dividend of US$0.15 per share of common stock. The dividend is payable on July 20, 2012 to shareholders of record at the close of business on July 6, 2012. The quarterly dividend of US$0.15 is also payable to holders of exchangeable shares of RG Exchangeco. This dividend is designated as an “eligible dividend” for Canadian tax purposes." More
- 05/25/12 | Item


Extorre Adopts Shareholder Rights Plan - "Extorre Gold Mines Limited's (XG) (XG) (XG.TO) (E1R.F) ("Extorre" or the "Company) board of directors has approved the adoption of a Shareholder Rights Plan (the "Plan"). The Plan is effective as of today but is subject to shareholder ratification within six months in order to remain in place." More
- 05/25/12 | Item


Brigus Gold Reports Temporary Suspension of Milling Operations Due to Power Outage Caused by Local Forest Fires - "Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE Amex: BRD; TSX: BRD) Brigus announces that severe forest fires have caused a power outage at the Company’s Black Fox Mill, located approximately 30 kilometres east of Timmins. This has resulted in the temporary suspension of milling operations and gold production. The power outage occurred yesterday and power is expected to be restored early next week." More
- 05/25/12 | Item


Allied Nevada Announces Closing of Senior Notes Offering for Effective Principal Amount of US$400.4 Million and an Effective Interest Rate of 8.375% per Annum - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (ANV.TO)(ANV)(ANV) announced today the closing of its previously announced offering of 8.75% senior unsecured notes due 2019 in an aggregate principal amount of C$400 million (the "Notes"). Concurrently, the Company has entered into a cross currency interest rate swap agreement and thereby the notes will have an effective principal amount of approximately US$400.4 million and an effective interest rate of 8.375% per annum. The offering, together with the cross currency interest rate swap agreement, generated net proceeds of US$389.6 million, after deducting the underwriters' fees." More
- 05/25/12 | Item


Lake Shore Gold Reports Smoke from Forest Fire Results in Precautionary Suspension of Mining at Timmins West Mine, Mill Production Unaffected - "Lake Shore Gold Corp. (LSG.TO)(LSG)(LSG) ("Lake Shore Gold" or the "Company") today announced that as a result of high winds and smoke from a forest fire approximately 15 kilometres southwest of the Timmins West Mine, operations at the mine have been temporarily suspended. The Company also announced that it has suspended all surface exploration work. Production from the Company's milling facility and mining operations at the Bell Creek Mine, both located on the east side of Timmins, are not affected by the forest fire. The Company currently has a stockpile of 16,000 tonnes of ore available for processing at the mill, representing approximately eight days of production, with another 6,000 tonnes of ore on surface at the Timmins West Mine and 35,000 tonnes of low-grade material also stockpiled at the mill." More
- 05/25/12 | Item


Gold Boom Spreading Mercury as 15 Million Miners Exposed - "In Segovia, almost 100 shops refine the gold that prospectors bring down from the foothills of the Andes Mountains. Juan Camilo Hoyos, 17, had no doubt his work at one of the shops was toxic. Hoyos operated a smelting oven, and after inhaling fumes each workday for about two months, he too lost the fine motor skills in his hands. “I couldn’t draw a straight line,” he says." More
- 05/24/12 | Item


Bannerman Files 43-101 Technical Report for Etango Uranium Project DFS - More
- 05/24/12 | Item


Fortuna Reports Extension of High-Grade Mineralization at Bateas Vein in Caylloma Mine - "Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI | BVL: FVI | Frankfurt: F4S.F) is pleased to announce the results of recently completed exploration drilling of the Bateas Vein at the Caylloma Mine located in Arequipa, Peru. A nineteen hole drill program was completed in late April to explore extensions of high-grade mineralization in the Bateas vein system. Production from the Bateas Vein is currently sourced from the 12th level and constitutes approximately 18% of the silver ounces delivered to the mill." More
- 05/24/12 | Item


Alexco Commemorates Over Five Years at Keno Hill - "Alexco Resource Corp. (AXR.TO)(AXU)(AXU) is commemorating more than five years of its Keno Hill Operations and the vital community partnerships that help link the company to the historic mining region's past, present and future." More
- 05/24/12 | Item


Royal Gold Acquires Gold Royalty on Ruby Hill Mine in Nevada - "Royal Gold, Inc. (NASDAQ:RGLD; TSX:RGL) today announced the acquisition of a 3.0% net smelter return royalty on the Ruby Hill gold mine, from International Minerals Corporation (TSX and SIX: IMZ) for $38 million. The Ruby Hill mine is located in Nevada and operated by Barrick Gold Corporation." More
- 05/24/12 | Item


First Uranium Responds to Olma Investments: Asset Sales in Best Interest of Stakeholders - More
- 05/23/12 | Item


Illegal Employee Disruption Causes Temporary Shut-Down at Coeur d’Alene Mines’ Palmarejo Mine - "A small, unorganized group of employees of a subsidiary of Coeur Mexicana last weekend blocked access to Coeur d’Alene Mines’ (NYSE:CDE, TSX:CDM) Palmarejo Mine located in the state of Chihuahua in northern Mexico. Palmarejo management supervised an orderly, temporary shut-down of the mine and mill in order to allow for dialogue with employees while ensuring the safety of workers at the mine site. Management considers the actions taken by the small group blocking access to the mine to be illegal." More
- 05/23/12 | Item


Uranium Resources, Inc. to Present at the Dahlman Rose & Co. Uranium Executive Forum - More
- 05/23/12 | Item


Ivanhoe Mines Files Preliminary Prospectus for Rights Offering and Amends Certain Terms of Memorandum of Agreement With Rio Tinto - "Ivanhoe Mines (IVN.TO)(IVN)(IVN.TO) announced today that the company intends to launch a rights offering in which all existing shareholders, subject to applicable law, may participate on an equal and proportional basis in purchasing additional common shares. The offering is expected to raise up to approximately US$1.8 billion in gross proceeds." More
- 05/23/12 | Item


Paladin Energy Ltd Announces Expiry of Deadline for Tender Offer - More
- 05/23/12 | Item


Coeur Recognized with Five Safety Awards - "Coeur d’Alene Mines Corporation (NYSE:CDE - News)(TSX:CDM.TO - News) today announced that it has been recognized by the International Society of Mine Safety Professionals (ISMSP) with five national and international safety awards for its operations in North and South America." More
- 05/23/12 | Item


U3O8 Corp. Increases NI 43-101 Uranium Resources by 125% in the Kurupung Project, Guyana - More
- 05/23/12 | Item


Golden Star Resources Comments on Recent Market Activity - "We reiterate the Company's production guidance for the second quarter of 2012 at 83,000 ounces to 87,000 ounces of gold. Operationally, progress remains positive with ongoing drilling at Wassa and the feasibility study for the Prestea Underground Project moving forward." More
- 05/23/12 | Item


Cameco Announces Filing of Preliminary Base Shelf Prospectus - More
- 05/22/12 | Item


Tanzanian Royalty Reports Higher Gold Grades Zone Extended 30m at 3.89g/t Au, Including Four High Grade Intercepts Best Intercept 7m @ 7.23g/t Au - "Tanzanian Royalty Exploration Corporation (the “Company”) is pleased to announce that it has received further assays from its ongoing drilling program at the Buckreef Gold Project in Tanzania. Results from diamond drill holes BMDD146 to BMDD153 were received from Buckreef Main zone and BMDD157 from Eastern Porphyry." More
- 05/22/12 | Item


Jaguar Mining Announces the Addition of Richard Falconer to its Board of Directors - "We are extremely pleased to have Richard join the Board," said Gary German , Chairman of Jaguar's Board of Directors. "His experience, judgment, and strong leadership skills will strengthen our Board and benefit both the shareholders and management of the Company. We welcome him and look forward to benefitting from his leadership and insight." More
- 05/22/12 | Item


Northern Dynasty comments on the EPA’s draft Bristol Bay Watershed Assessment report - "As Northern Dynasty and subsequently as part of the Pebble Partnership, we have invested nearly 10 years and hundreds of millions of dollars studying the natural and human environment surrounding the Pebble Project, and methodically advancing a development strategy that will allow us to develop the globally significant resources of copper, gold and molybdenum there while protecting fisheries, water quality and traditional ways of life," More
- 05/22/12 | Item


Endeavour Silver Discovers High Grade Silver-Gold Mineralization at the San Sebastian Property in Jalisco, Mexico - "Endeavour Silver Corp. (EDR.TO)(EXK)(EJD.F) announces that exploration drilling at the San Sebastian property in Jalisco State, Mexico has discovered a new high grade silver-gold mineralized zone in the Terronera vein." More
- 05/22/12 | Item


Huldra Silver Announces Receipt of Mines Act Permits and Amendment to Terms of Credit Facility - "Huldra Silver Inc. (HDA.V) (the "Company" or "Huldra") is pleased to announce that the Company has received a Mining Lease and a British Columbia Mines Act Permit approving a mine plan and reclamation program for the Company's Treasure Mountain Mine along with an Amended Permit approving construction and operation of a process plant at the Company's mill site in Merritt, BC." More
- 05/22/12 | Item


Paramount Gold and Silver Discovers New High-Grade Gold/Silver Structure Within the Palmarejo/Don Ese Trend at Its San Miguel Project in Mexico - "Paramount Gold and Silver Corp. (NYSE MKT: PZG)(PZG)(PZG.TO)(P6G.F)(WKN:A0HGKQ) ("Paramount") reported today that it has discovered new, high-grade gold/silver mineralization at La Bavisa, a new target on Paramount's 100%-owned San Miguel Project in Mexico. La Bavisa sits within the Palmarejo/Don Ese Trend which, immediately to the west, hosts the successful Palmarejo and Guadalupe mines operated by Coeur d'Alene Mines." More
- 05/22/12 | Item


First Majestic Silver Corp.: Del Toro NI 43-101 Technical Report & Pre-Feasibility Study - "This new NI 43-101 TR and PFS considers exploration and development work completed as at the cut-off date of March 31, 2012. These estimates include all work completed as at the cut-off date, including a total of 35,230 metres of diamond drilling over 117 holes and development metres totalling 7,133. Assays for 33 holes did not make the cut-off date and were not included in this report. Seven drill rigs remain actively drilling on site." More
- 05/22/12 | Item


Tanzania Gold Exports Increased 44% in Year Through February - "Tanzania, which vies with Mali to be Africa’s third-biggest gold producer, posted a 44 percent increase in earnings from exports of the metal in the year through February, the central bank said.

Revenue from shipments increased $2.3 billion from $1.6 billion in the same period a year earlier, the Dar es Salaam- based bank said in a statement on its website today. Exports of gold and tourism receipts helped increase total exports to $6.8 billion from $6.1 billion, offsetting a decline in agricultural- commodity exports, it said." More
- 05/22/12 | Item


Comstock Mining Notice From BLM - "Comstock Mining Inc. (the "Company") (NYSE Amex: LODE) today received a Notice from the Sierra Front Field Office of the Bureau of Land Management (BLM) requiring the Company to cease using certain land that facilitates efficient transportation of material, primarily due to allegations of use without authorization. The Company believes that the allegations in the Notice are not supported by the facts. The Notice permits 30 days to present evidence of our authority. The Company will be filing an appropriate response with the BLM, to enable a timely and positive resolution." More
- 05/22/12 | Item


Forest Fire Located South of Kirkland Lake Causes Power Disruption at the Young-Davidson Mine - Restoration of Power Expected Within a Week - "AuRico Gold Inc. (AUQ.TO) (AUQ), ("AuRico" or "the Company") reports that a forest fire located south of Kirkland Lake, approximately 70 kilometres east of the Young-Davidson mine site, has damaged several power poles and disrupted the main 115 kV power supply to the mine site. The mine is currently utilizing a separate 44 kV line (used for construction and development), which has not been affected. Ontario Hydro One is expected to re-establish full power to the mine within a week. Operations at the open pit have not been impacted and continue at normal levels, however ore processing has been suspended." More
- 05/21/12 | Item


Rob McEwen, Chief Owner of McEwen Mining has an Important Message for Share Owners Conference Call Announced for May 22nd 10 am (Eastern) - "At our Annual General Meeting (AGM) held last Thursday, I spoke about recent developments in Argentina that could impair our ability to internally fund our growth plans. Immediately following the meeting, we issued a news release with the word "cautions" in the headline to ensure all of you would be aware of this possibility." More
- 05/21/12 | Item


Toro wins state agency backing for Australia uranium mine - More
- 05/21/12 | Item


First uranium mine in WA a step closer - More
- 05/21/12 | Item


Cameco Management Presents at Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel Conference (Transcript) - More
- 05/21/12 | Item


Uranium Energy Corp Provides Update on Permitting for Goliad, Burke Hollow and Channen Projects in South Texas - More
- 05/21/12 | Item


Midway Gold Announces CEO Transition - "Midway Gold Corp. (TSX.V and NYSE MKT: MDW) (the “Company”) announces that Mr. Daniel E. Wolfus has resigned as the Company’s Chairman of the Board and Chief Executive Officer, effective immediately due to health reasons. Mr. Wolfus will continue to be a Director of the Company. The Company’s Board of Directors unanimously appointed Mr. Kenneth A. Brunk as Chairman and CEO in addition to his present office of President." More
- 05/21/12 | Item


Lake Shore Gold Files Timmins West Mine Reserve Technical Report - "Lake Shore Gold Corp. (LSG.TO)(NYSE MKT: LSG) ("Lake Shore Gold" or the "Company") today announced that a technical report (the "Report"), entitled "Prefeasibility and Mineral Reserve Estimate for Timmins West Mine, Timmins, Ontario, Canada," has been filed on SEDAR at www.sedar.com. The Report is also available on the Company's website at www.lsgold.com (please see Mines, Projects & Properties/Review of Properties/Timmins West Mine)." More
- 05/18/12 | Item


Golden Minerals Announces High Grade Resource Estimate for Velardena Property in Durango, Mexico - "Golden Minerals Company ("Golden Minerals" or the "Company") (AUMN) (AUM.TO) is pleased to announce the results of a Canadian National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for the Velardeña Operations in Mexico which was received yesterday, May 17th. The resource estimate has been prepared under the direct supervision of Robert Sanderfur, PE, of the firm of Chlumsky, Armbrust and Meyer (CAM)." More
- 05/18/12 | Item


McEwen Mining Cautions Shareholders at Annual General Meeting - "McEwen Mining Inc. (MUX)(MUX.TO) announces that at its Annual General Meeting in Toronto on May 17, 2012, Mr. Robert McEwen, Chairman, President and Chief Executive Officer, provided an overview of the company's current development plans and outlook for the price of gold." More
- 05/18/12 | Item


Golden Star Resources Enters Into Debenture Purchase and Exchange Agreement - "Golden Star Resources Ltd. (NYSE MKT: GSS) (GSS) (GSC.TO) (GHANA:GSR) ("Golden Star" or the "Company") today announced that it has entered into certain definitive agreements to purchase an aggregate of $74.5 million of the principal outstanding under its 4.00% Convertible Senior Unsecured Debentures due November 30, 2012 (the "Original Debentures"), by way of privately negotiated transactions with certain holders of Original Debentures (the "Holders"). After purchasing and cancelling $74.5 million of Original Debentures, an aggregate of $50.5 million principal amount of Original Debentures will remain outstanding." More
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Golden Star Resources Contemplates Exchanging Its Existing Convertible Debentures for New Convertible Debentures - "Golden Star Resources Ltd. (NYSE MKT: GSS) (GSS) (GSC.TO) (GHANA:GSR) ("Golden Star" or the "Company") today announced its intention to exchange certain of its 4.00% Convertible Senior Unsecured Debentures due November 30, 2012 (the "Original Debentures") for new Convertible Senior Unsecured Debentures (the "New Debentures") via privately negotiated exchange agreements with certain holders of the Original Debentures." More
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Silvercorp Reports Record Silver Production of 5.6 Million Ounces, Record Revenue of $238.0 Million, Record Net Income of $73.8 Million, & Record Cash Flows - "In Q4 2012, the Company recorded net income attributable to equity holders of the Company of $9.7 million or $0.06 per share, a decrease of 19% compared to net income of $12.0 million or $0.07 per share, in Q4 2011. The lower net income was mainly due to (i) $1.5 million of forensic audit and legal fees incurred to fight short sellers' attack (excluding this item, EPS would be $0.07 per share), (ii) higher production costs, partially offset by higher sales revenue, and (iii) higher general and administrative costs as the Company has three projects under development compared to only one last year." More
- 05/18/12 | Item


Silvercorp Reports Record Silver Production of 5.6 Million Ounces, Record Revenue of $238.0 Million, Record Net Income of $73.8 Million, & Record Cash Flows - "In Q4 2012, the Company recorded net income attributable to equity holders of the Company of $9.7 million or $0.06 per share, a decrease of 19% compared to net income of $12.0 million or $0.07 per share, in Q4 2011. The lower net income was mainly due to (i) $1.5 million of forensic audit and legal fees incurred to fight short sellers' attack (excluding this item, EPS would be $0.07 per share), (ii) higher production costs, partially offset by higher sales revenue, and (iii) higher general and administrative costs as the Company has three projects under development compared to only one last year." More
- 05/18/12 | Item


Silver Wheaton Announces Filing of NI 43-101 Technical Report for the San Dimas Mine - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (SLW.TO) (SLW) is pleased to announce that it has filed a National Instrument 43-101 ("NI 43-101") compliant technical report in support of the Company's April 2, 2012 news release which included an updated reserve and resource estimate at Primero Mining Corp.'s San Dimas Mine located in Mexico." More
- 05/18/12 | Item


AFRICA MONEY-S.Africa gives gold a break as it moots mine tax hikes - "As African governments seek to extract more revenue from their mining sectors, the continent's biggest economy has given gold producers a much-needed tax break tha t removes at least one head wind from a struggling industry." More
- 05/17/12 | Item


MAG Silver Reports Multiple Silver/Lead/Zinc Intercepts in "Bridge Zone" and Expands Cinco de Mayo Drill Program - "MAG Silver Corp. (MAG.TO)(MVG) ("MAG") announces that on-going drilling at its 100%-owned Cinco de Mayo ("Cinco") property in northern Chihuahua State, Mexico continues to successfully demonstrate lateral and vertical continuity of massive sulphide mineralization in the "Bridge Zone" along the Jose Manto-Cinco Ridge corridor. In response, MAG has increased its 2012 planned drilling by two million dollars to $5.5M dollars, and drilling has been ramped up from one to four rigs with a fifth expected in the near future. Three rigs are now drilling systematic step out holes to follow up on the strong results reported here and previously reported from Section 380 (see press release dated November 28, 2011). One exploration rig is dedicated to finding the source of the system." More
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Gold Reserve Announces Notice of Right of Repurchase for 5.50% Senior Subordinated Convertible Notes due 2022 and Proposed Restructuring for Noteholders - "Gold Reserve Inc. (TSX VENTURE:GRZ) (NYSE-Amex:GRZ - News) (the “Company”) announced today that it is notifying holders (“Holders” or “Noteholders”) of its 5.50% Senior Subordinated Convertible Notes due 2022 (the “Notes”) that the Holders have the option, pursuant to the terms of the Indenture, dated as of May 18, 2007 (the “Indenture”), governing the Notes, to require the Company to purchase, in cash, all or a portion of their Notes at a price equal to 100% of the principal amount of the Notes, plus any accrued and unpaid interest (the “Put Option”)." More
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Eurasian Minerals Announces First Quarter 2012 Results - "The net loss for the three-month period ended March 31, 2012 was $4,053,512 (or a net loss of $0.08 per basic and diluted share), compared to $3,817,547 (or a net loss of $0.08 per basic and diluted share) for the prior year's comparative quarter. This loss was made up of $1,037,042 in net exploration expenditures, $2,541,548 in general and administrative expenses, and other losses totaling $474,922." More
- 05/17/12 | Item


Eurasian Minerals Announces First Quarter 2012 Results - "The net loss for the three-month period ended March 31, 2012 was $4,053,512 (or a net loss of $0.08 per basic and diluted share), compared to $3,817,547 (or a net loss of $0.08 per basic and diluted share) for the prior year's comparative quarter. This loss was made up of $1,037,042 in net exploration expenditures, $2,541,548 in general and administrative expenses, and other losses totaling $474,922." More
- 05/17/12 | Item


Paladin Energy Ltd: Kayelekera Illegal Strike-Discussions On Return To Work - More
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Annual Reserve Declaration of 80.6 Million Ounces Reflects Greater Technical and Global Diversification - "Gold Fields Limited (NYSE & JSE: GFI) today announced net earnings for the March quarter of R2,082 million compared with R2,605 million in the December quarter and R1,100 million in the March 2011 quarter. In US dollar terms net earnings for the March quarter were US$268 million, compared with US$336 million in the December quarter and US$158 million in the March 2011 quarter." More
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Annual Reserve Declaration of 80.6 Million Ounces Reflects Greater Technical and Global Diversification - "Gold Fields Limited (NYSE & JSE: GFI) today announced net earnings for the March quarter of R2,082 million compared with R2,605 million in the December quarter and R1,100 million in the March 2011 quarter. In US dollar terms net earnings for the March quarter were US$268 million, compared with US$336 million in the December quarter and US$158 million in the March 2011 quarter." More
- 05/17/12 | Item


Kirkland Lake Gold Announces Full-Year Production Results for Fiscal Year 2012 - "In fiscal 2012, a total of 281,634 tons of ore were milled at a head grade of 0.37 ounces of gold per ton (opt) and a recovery of 96.13% to produce 100,275 ounces of gold, which is in line with the Company's revised guidance." More
- 05/17/12 | Item


Toro Energy excites with uranium drill results at Theseus - More
- 05/16/12 | Item


Athabasca Uranium completes spring drill program - More
- 05/16/12 | Item


Crosshair Maps Out Its Return to Labrador - More
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Timberline Resources Amends Acquisition of 100-Percent Ownership of the Butte Highlands Gold Mine - "Timberline Resources Corporation (TSX-V: TBR)(TLR) ("Timberline" or the "Company") announced today that it has signed an amended non-binding Letter of Intent to increase its ownership stake in the Butte Highlands Gold Project from 50-percent to 100-percent, acquiring the remaining interest in Butte Highlands JV, LLC ("BHJV") from its joint venture partner, Highland Mining, LLC ("Highland Mining") as previously announced on April 10, 2012." More
- 05/16/12 | Item


Extorre Reacts to Current Market Conditions and Announces Further High Grade Drilling Results at Cerro Moro - "It should be noted that PEA-3 is preliminary in nature as it includes inferred mineral resources which are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that PEA-3 will be realized." More
- 05/16/12 | Item


Vista Gold Corp. Reports Drilling and Initial Metallurgical Test Results for the Historic Heap Leach Pad at Mt. Todd in Australia - "Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") is pleased to announce the initial results of a sampling and metallurgical testing program on the existing heap leach pad at its Mt. Todd gold project in Northern Territory, Australia. To date, the existing heap leach pad has been considered an environmental liability; however, as part of the ongoing feasibility study, Vista completed a review of the historic blast hole and production data associated with the heap leach pad and concluded that there may be potential to recover additional gold from the existing heap leach pad." More
- 05/16/12 | Item


Pan American Silver declares second quarterly dividend of 2012 and will restart share repurchase program - "The cash dividend, in the amount of $0.0375 per share, will be distributed on or about Monday, June 11, 2012 to holders of record of common shares as of the close of business on Monday, May 28, 2012. Specific distribution dates and amounts of future dividends will be determined by the Board of Directors (the "Board") on an ongoing basis." More
- 05/16/12 | Item


Pan American Silver Increases Quarterly Silver Production and Mine Operating Earnings - "We've had an excellent start to 2012 and delivered a very respectable first quarter, on all metrics. Our consolidated silver production was right in line with our forecast and our cash costs were more than 15% less than we had anticipated. With the acquisition of Minefinders now behind us, we will spend the rest of this year focusing on what we do best: operating and optimizing our mining assets to generate maximum cash flow and profits. I can't tell you how much our team is looking forward to applying this expertise to the long-life Dolores mine". More
- 05/16/12 | Item


Allied Nevada Announces Senior Note Offering for Effective Principal Amount of US$400.4 Million and an Effective Interest Rate of 8.375% per Annum - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (ANV.TO - News)(ANV - News) announced today an offering of 8.75% senior unsecured notes due 2019 in an aggregate principal amount of C$400 million (the "Notes"). In connection with the offering, the Company will enter into a cross currency interest rate swap and thereby the notes will have an effective principal amount of US$400.4 million and an effective interest rate of 8.375% per annum." More
- 05/16/12 | Item


Pan American Silver Increases Quarterly Silver Production and Mine Operating Earnings - "We've had an excellent start to 2012 and delivered a very respectable first quarter, on all metrics. Our consolidated silver production was right in line with our forecast and our cash costs were more than 15% less than we had anticipated. With the acquisition of Minefinders now behind us, we will spend the rest of this year focusing on what we do best: operating and optimizing our mining assets to generate maximum cash flow and profits. I can't tell you how much our team is looking forward to applying this expertise to the long-life Dolores mine". More
- 05/16/12 | Item


Timmins Gold Reports Profit From Operations of $12.7 Million for Q1 2012 - "We are extremely pleased with our results to date as the Company continues to realize strong cash flow at the mine," stated Mr. Bruce Bragagnolo, CEO of Timmins Gold Corp. "The completion of the expansion plan is designed to allow further operational efficiencies and lower cash costs on a per ounce basis. Phase 1 of the three part throughput expansion plan is now complete, with expected benefits of the expansion being realized in the next fiscal quarter and beyond. We expect the completion of the expansion will allow the mine to ramp up from 18,000 tpd to 32,000 tpd by year end and result in an annualized production rate of 130,000 ounces of gold per year commencing later this year. The expansion is expected to be internally funded out of existing cash flows. The Company is well positioned to continue generating strong operating cash flow on a quarter over quarter basis." More
- 05/16/12 | Item


Timmins Gold Reports Profit From Operations of $12.7 Million for Q1 2012 - "We are extremely pleased with our results to date as the Company continues to realize strong cash flow at the mine," stated Mr. Bruce Bragagnolo, CEO of Timmins Gold Corp. "The completion of the expansion plan is designed to allow further operational efficiencies and lower cash costs on a per ounce basis. Phase 1 of the three part throughput expansion plan is now complete, with expected benefits of the expansion being realized in the next fiscal quarter and beyond. We expect the completion of the expansion will allow the mine to ramp up from 18,000 tpd to 32,000 tpd by year end and result in an annualized production rate of 130,000 ounces of gold per year commencing later this year. The expansion is expected to be internally funded out of existing cash flows. The Company is well positioned to continue generating strong operating cash flow on a quarter over quarter basis." More
- 05/16/12 | Item


Centerra Gold First Quarter Results - "Centerra Gold Inc. (CG.TO) today reported a net loss for the first quarter of 2012 of $14.7 million or $0.06 per share on revenues of $133.8 million. The first quarter loss includes $19.2 million of abnormal mining costs, $4.6 million of mine standby costs related to the work stoppage at Kumtor and a $1 million provision for the closure of the Company's Reno exploration office. For the same period in 2011, the Company recorded net earnings of $136.6 million or $0.58 per common share based on revenues of $250.2 million in the same quarter last year reflecting significantly higher gold production and sales." More
- 05/16/12 | Item


Centerra Gold First Quarter Results - "Centerra Gold Inc. (CG.TO) today reported a net loss for the first quarter of 2012 of $14.7 million or $0.06 per share on revenues of $133.8 million. The first quarter loss includes $19.2 million of abnormal mining costs, $4.6 million of mine standby costs related to the work stoppage at Kumtor and a $1 million provision for the closure of the Company's Reno exploration office. For the same period in 2011, the Company recorded net earnings of $136.6 million or $0.58 per common share based on revenues of $250.2 million in the same quarter last year reflecting significantly higher gold production and sales." More
- 05/16/12 | Item


Ivanhoe Mines Announces Financial Results and Review of Operations for the First Quarter of 2012 - "Overall construction of the first phase of the Oyu Tolgoi copper-gold mining complex was 77.8% complete at the end of Q1'12 and had advanced to 82.2% complete at the end of April 2012. Construction remains on track to meet the mine's targeted start of initial production in the second half of 2012. Commercial production is projected to begin in the first half of 2013." More
- 05/16/12 | Item


Ivanhoe Mines Announces Financial Results and Review of Operations for the First Quarter of 2012 - "Overall construction of the first phase of the Oyu Tolgoi copper-gold mining complex was 77.8% complete at the end of Q1'12 and had advanced to 82.2% complete at the end of April 2012. Construction remains on track to meet the mine's targeted start of initial production in the second half of 2012. Commercial production is projected to begin in the first half of 2013." More
- 05/16/12 | Item


Silvermex Resources Announces Q1 2012 Financial Results - "The Company achieved a gross profit of $96,000 for the three months ended March 31, 2012, on sales of silver and gold of $2.9 million compared with a gross profit of $1.7 million on sales of silver and gold of $3.9 million for the comparative 2011 period. The decrease in sales in the period was due to lower ounces produced and an increase in concentrate inventory. For the first three months of 2012, the Company mined from a zone with lower grade ore, as well as more complex metallurgy, which resulted in lower recoveries in the period." More
- 05/16/12 | Item


Silvermex Resources Announces Q1 2012 Financial Results - "The Company achieved a gross profit of $96,000 for the three months ended March 31, 2012, on sales of silver and gold of $2.9 million compared with a gross profit of $1.7 million on sales of silver and gold of $3.9 million for the comparative 2011 period. The decrease in sales in the period was due to lower ounces produced and an increase in concentrate inventory. For the first three months of 2012, the Company mined from a zone with lower grade ore, as well as more complex metallurgy, which resulted in lower recoveries in the period." More
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Seabridge Gold Publishes 2011 Annual Report and Files First Quarter 2012 Financial Statements and MD&A - "The Annual Report reviews 2011 and outlines the Company's objectives for 2012 and includes the audited financial statements for the year ended December 31, 2011. The Annual Report, along with other proxy material, will be mailed to shareholders in connection with the Company's Annual Meeting of Shareholders scheduled to be held on June 27, 2012 in Toronto, Ontario, Canada." More
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International Minerals Reports $6.8 Million in Pre-Tax Income for Third Fiscal Quarter Ending March 31, 2012 - "Current Quarter highlights include $6.8 million in consolidated pre-tax income and $6.2 million in consolidated net and comprehensive income after tax ($0.05 per share), including net equity income of $10.9 million from the Company's 40% interest (Hochschild Mining 60%) in the Pallancata silver mine in Peru ("Pallancata")." More
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International Minerals Reports $6.8 Million in Pre-Tax Income for Third Fiscal Quarter Ending March 31, 2012 - "Current Quarter highlights include $6.8 million in consolidated pre-tax income and $6.2 million in consolidated net and comprehensive income after tax ($0.05 per share), including net equity income of $10.9 million from the Company's 40% interest (Hochschild Mining 60%) in the Pallancata silver mine in Peru ("Pallancata")." More
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MAG Silver Reports First Quarter Financial Results - "The Company's net loss for the three months ended March 31, 2012 amounted to $754,371 (2011: $1,451,582). The decreased net loss compared to the first quarter of 2011 is primarily due to a deferred income tax recovery of $840,052 in the current quarter (March 31, 2011: Nil). During the quarter the Company recorded $375,856 (March 31, 2011: $501,005) of share based payment expense relating to stock options vesting to employees and consultants in the period." More
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MAG Silver Reports First Quarter Financial Results - "The Company's net loss for the three months ended March 31, 2012 amounted to $754,371 (2011: $1,451,582). The decreased net loss compared to the first quarter of 2011 is primarily due to a deferred income tax recovery of $840,052 in the current quarter (March 31, 2011: Nil). During the quarter the Company recorded $375,856 (March 31, 2011: $501,005) of share based payment expense relating to stock options vesting to employees and consultants in the period." More
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Kimber Announces Third Quarter Financial Results - "As at March 31, 2012, Kimber had working capital of $4.31 million (June 30, 2011 - $7.69 million), which includes $2.96 million (June 30, 2011 - $8.40 million) in cash and cash equivalents. Kimber's net loss for the three months ended March 31, 2012 was $987,341 or $0.01 per common share compared with a net loss of $893,431 or $0.01 loss per share for the three months ended March 31, 2011." More
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Kimber Announces Third Quarter Financial Results - "As at March 31, 2012, Kimber had working capital of $4.31 million (June 30, 2011 - $7.69 million), which includes $2.96 million (June 30, 2011 - $8.40 million) in cash and cash equivalents. Kimber's net loss for the three months ended March 31, 2012 was $987,341 or $0.01 per common share compared with a net loss of $893,431 or $0.01 loss per share for the three months ended March 31, 2011." More
- 05/16/12 | Item


Cameco Elects New Board Member - More
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Nevsun Declares Semi-Annual Dividend of US$0.05 Per Share - "Nevsun Resources Ltd. (NSU.TO)(NSU) is pleased to advise that its Board of Directors has declared a semi-annual cash dividend of US$0.05 per common share (US$0.10 per common share annually). The dividend is payable on July 16, 2012 to shareholders of record as of the close of business on June 30, 2012." More
- 05/15/12 | Item


SEMAFO's Net Income Increases 54% to $31.5 Million in the First Quarter 2012 - "This year marks SEMAFO's tenth year as a gold producer and during the first quarter of 2012, we achieved an important milestone. During the three-month period ended March 31, 2012, we produced 60,900 ounces of gold, bringing SEMAFO's all-time total gold production to more than 1.5 million ounces. We are proud of this achievement and recognize that it is yet another testament to the commitment and invaluable contribution of SEMAFO's exceptional team and the support of our host countries." More
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SEMAFO's Net Income Increases 54% to $31.5 Million in the First Quarter 2012 - "This year marks SEMAFO's tenth year as a gold producer and during the first quarter of 2012, we achieved an important milestone. During the three-month period ended March 31, 2012, we produced 60,900 ounces of gold, bringing SEMAFO's all-time total gold production to more than 1.5 million ounces. We are proud of this achievement and recognize that it is yet another testament to the commitment and invaluable contribution of SEMAFO's exceptional team and the support of our host countries." More
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Pele Mountain Closes Highland Project Sale Agreement; Will Focus on Eco Ridge Mine Rare Earths and Uranium Project - More
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Great Basin Gold Reports Operational and Financial Results for the Quarter Ended March 31, 2012 - "The Nevada operations produced 16,240 Au eqv oz1 for the quarter (Q1 2011: 24,082 Au eqv oz), compared to the forecast of 19,749 Au eqv oz. Ineffective carbon stripping, while the final upgrade to the acid wash and carbon regeneration circuit was being completed, resulted in lower than planned Au (87%) and Ag (62%) recoveries at the Esmeralda mill during the quarter. The upgrade to this circuit was completed in late April 2012. All doré will be poured on site starting May 2012." More
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Great Basin Gold Reports Operational and Financial Results for the Quarter Ended March 31, 2012 - "The Nevada operations produced 16,240 Au eqv oz1 for the quarter (Q1 2011: 24,082 Au eqv oz), compared to the forecast of 19,749 Au eqv oz. Ineffective carbon stripping, while the final upgrade to the acid wash and carbon regeneration circuit was being completed, resulted in lower than planned Au (87%) and Ag (62%) recoveries at the Esmeralda mill during the quarter. The upgrade to this circuit was completed in late April 2012. All doré will be poured on site starting May 2012." More
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Uranium Energy Corp Acquires Channen Exploration Project in South Texas - More
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Northern Dynasty confirms $107 million work program to prepare Pebble Project for permitting in 2012 - "Northern Dynasty Minerals Ltd. ("Northern Dynasty" or the "Company") (TSX: NDM; NYSE Amex: NAK) announces that the Board of Directors of Pebble Mines Corp., the general partner of the Pebble Limited Partnership (the "Pebble Partnership" or "PLP") has approved a budget of approximately US $107 million to advance the Pebble Project in 2012, with the objective of readying PLP to initiate permitting under the National Environmental Policy Act (NEPA) toward the end of the year." More
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Comstock Mining Announces First Quarter 2012 Results - "In the first three months of the year we strengthened an already strong, production-focused management team, obtained required permits, fortified our balance sheet and commenced final construction activities as we march into production. We are rapidly becoming Nevada's newest gold and silver mining company!" More
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Comstock Mining Announces First Quarter 2012 Results - "In the first three months of the year we strengthened an already strong, production-focused management team, obtained required permits, fortified our balance sheet and commenced final construction activities as we march into production. We are rapidly becoming Nevada's newest gold and silver mining company!" More
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SilverCrest Reports Q1 2012 Financial Results; Cash Flow from Operations of $12.2 Million ($0.14 Per Share) - "We had an excellent beginning for 2012. In Q1 we sold 641,546 silver equivalent ounces, with an average cash operating costs of $7.00 per ounce. The Santa Elena open pit heap leach mine operations continue to perform well and generated cash flows of $12.2 million which will help finance the Santa Elena Expansion plan to double metals production by 2014 and accelerate the exploration and development of our polymetallic La Joya Project. During the first quarter, total production was consistent with our plan and cash operating costs were below plan. As a result, we are confident in achieving our 2012 guidance of production of 435,000 silver ounces and 33,000 gold ounces at an average cash operating cost of $8.20 per silver equivalent ounce." More
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SilverCrest Reports Q1 2012 Financial Results; Cash Flow from Operations of $12.2 Million ($0.14 Per Share) - "We had an excellent beginning for 2012. In Q1 we sold 641,546 silver equivalent ounces, with an average cash operating costs of $7.00 per ounce. The Santa Elena open pit heap leach mine operations continue to perform well and generated cash flows of $12.2 million which will help finance the Santa Elena Expansion plan to double metals production by 2014 and accelerate the exploration and development of our polymetallic La Joya Project. During the first quarter, total production was consistent with our plan and cash operating costs were below plan. As a result, we are confident in achieving our 2012 guidance of production of 435,000 silver ounces and 33,000 gold ounces at an average cash operating cost of $8.20 per silver equivalent ounce." More
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Aurizon Mines Ltd.: New Drill Results Highlight the Potential Extension of Zone 123 and Have Identified Additional Stacked Lenses at the Casa Berardi Mine - "Casa Berardi continues to deliver excellent exploration results," said George Paspalas, President and Chief Executive Officer. "Some of the holes that we are releasing today were utilized in the December 31, 2011 resource update which included an 81% expansion of all measured and indicated resources at Casa Berardi. We are encouraged both by the holes encountered in the lower portion of the known Zone 123 resource block, indicating the potential to extend this zone, as well as the holes that have identified new additional stacked lenses to the main Zone 123. We are investing in infrastructure this year to extend the Mine out to allow for the future mining of Zone 123, and these results highlight the potential for new zones in this area, and also provide confirmation of the strategic intent to develop the lower levels of the mine." More
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International Tower Hill Mines Announces Livengood Project Update and Departure of Chief Executive Officer - "We are very pleased with the progress we have made on the Livengood Project and the range of options open to us as we manage our costs according to our financial resources," said Don Ewigleben, Chairman of the Board of Directors of ITH. "We look forward to updating shareholders on the results of our review." More
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Brigus Gold Reports Strong Q1 Financial Results - “We are pleased with Brigus’ progress so far this year,” said Wade Dawe, President and CEO of Brigus. “Gold production continues to increase and costs are lower than expected. Current production levels put us on track to meet our guidance for Q2 and we are confident the mine will reach a steady state production level of approximately 25,000 ounces per quarter by year-end”. More
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Brigus Gold Reports Strong Q1 Financial Results - “We are pleased with Brigus’ progress so far this year,” said Wade Dawe, President and CEO of Brigus. “Gold production continues to increase and costs are lower than expected. Current production levels put us on track to meet our guidance for Q2 and we are confident the mine will reach a steady state production level of approximately 25,000 ounces per quarter by year-end”. More
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Pretium Resources Inc.: Valley of the Kings Drilling Continues to Confirm Continuity - "Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm") is pleased to report that drill results from its high-grade gold Brucejack Project in northern British Columbia continue to confirm the projection and continuity of high-grade mineralization in the Valley of the Kings. (See Table 1 below for assays)." More
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NovaGold Provides 2012 Annual and Special Meeting of Shareholders Conference Call and Webcast Details and Releases its 2011 Annual Integrated Report - "Armed with these exceptional results, our management team and Board of Directors recognized the need, and devised a strategic plan, to unlock the value of the Company's world-class mining development and exploration assets," said Gregory A. Lang, NovaGold's President and Chief Executive Officer. "With the successful execution of this strategy, and now also being in the fortunate position of having a robust balance sheet, we have created, quite possibly, the most significant de-risked development-stage company in our sector." More
- 05/15/12 | Item


Uranium supplier USEC's woes grow with delisting notice - More
- 05/15/12 | Item


Nuinsco and Other Canadian Uranium Explorers More Attractive to China - More
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Gold miners need $3,000 price in five years - gold council - "Sharp increases in mining costs mean gold will need to reach $3,000 an ounce in five years for the industry to stay profitable, World Gold Council chief executive Aram Shishmanian said on Monday.

Miners currently needed a gold price of $1,300 to survive, Shishmanian said, but faced steep rises in mining costs, along with the cost of dividends and host nation taxes." More
- 05/15/12 | Item


Great Panther Silver Reports First Quarter 2012 Financial Results - "First quarter revenue was directly in line with our expectations, considering the lower production and metal prices compared to Q1 of last year," stated Robert Archer, President and CEO. "This was also a timing issue for us related to a shipment of concentrate to a new smelter where the revenue will be recognized in Q2 this year. With the addition of this new customer, we have secured contracts for the sale of our concentrates for our 2012 planned production." More
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Great Panther Silver Reports First Quarter 2012 Financial Results - "First quarter revenue was directly in line with our expectations, considering the lower production and metal prices compared to Q1 of last year," stated Robert Archer, President and CEO. "This was also a timing issue for us related to a shipment of concentrate to a new smelter where the revenue will be recognized in Q2 this year. With the addition of this new customer, we have secured contracts for the sale of our concentrates for our 2012 planned production." More
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South American Silver Files First Quarter 2012 Financial Statements and MD&A and Project Update - "VANCOUVER, BRITISH COLUMBIA--(Marketwire -05/14/12)- South American Silver Corp. (SAC.TO)(SOHAF.PK) reports the release of its unaudited condensed interim consolidated financial statements for the three months ended March 31, 2012 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 project in Bolivia and the Escalones copper-gold project in Chile. In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated." More
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New Preliminary Feasibility Study Improves Seabridge Gold's KSM Project - "Seabridge Gold Inc. (SEA.TO)(SA) announced today the results of an updated National Instrument 43-101-compliant Preliminary Feasibility Study ("PFS") for its 100% owned KSM project located in northern British Columbia, Canada. The updated PFS was prepared by Tetra Tech Wardrop ("Tetra Tech")." More
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Cameco Announces Agreement to Acquire NUKEM - More
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Claude Resources Inc. Reports 2012 First Quarter Results - "Our first quarter production and unit costs were in line with Management's expectations. The Company's plans to expand the mill and deepen the shaft are on track and are expected to play a major role in increasing production and decreasing unit cash costs going forward. For the remainder of the year we will focus on executing on our capital projects while expanding on the exploration success we had in 2011." More
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Claude Resources Inc. Reports 2012 First Quarter Results - "Our first quarter production and unit costs were in line with Management's expectations. The Company's plans to expand the mill and deepen the shaft are on track and are expected to play a major role in increasing production and decreasing unit cash costs going forward. For the remainder of the year we will focus on executing on our capital projects while expanding on the exploration success we had in 2011." More
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Rubicon Minerals Provides Drilling Update F2 Gold System, Phoenix Gold Project, Red Lake, Ontario - "Rubicon Minerals Corporation (TSX:RMX | NYSE-AMEX:RBY) ("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, $82.8 million program designed to optimize certain aspects of its Preliminary Economic Assessment ("PEA")1, accelerate site infrastructure and expand on current engineering studies. Currently, there are 32,000 metres planned to be drilled by the end of Q3, 2012 with room to expand this amount should results warrant." More
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Bannerman to capitalise on uranium find - More
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Strike action hurts Paladin's production - More
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Paladin's shares slide after pay dispute - More
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Paladin Energy Ltd: Kayelekera Industrial Action - More
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Silver Wheaton Declares Second Quarterly Dividend Payment for 2012 - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (SLW.TO) (SLW) is pleased to announce that its Board of Directors has declared its second 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 May 23, 2012, and will be distributed on or about June 6, 2012." More
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Silver Wheaton Reports a Strong Start to 2012 with Record Quarterly Revenues of US$200 Million - "Solid operating performance from across our portfolio of mines led to a strong start in 2012," said Randy Smallwood, President and Chief Executive Officer of Silver Wheaton. "We achieved record quarterly revenues, and are on target to attaining our annual production guidance of 27 million silver equivalent ounces. With continued positive progress at our world-class cornerstone assets, including the Peñasquito and Pascua-Lama mines, Silver Wheaton retains one of the strongest growth profiles in the sector." More
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Silver Wheaton Reports a Strong Start to 2012 with Record Quarterly Revenues of US$200 Million - "Solid operating performance from across our portfolio of mines led to a strong start in 2012," said Randy Smallwood, President and Chief Executive Officer of Silver Wheaton. "We achieved record quarterly revenues, and are on target to attaining our annual production guidance of 27 million silver equivalent ounces. With continued positive progress at our world-class cornerstone assets, including the Peñasquito and Pascua-Lama mines, Silver Wheaton retains one of the strongest growth profiles in the sector." More
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The Yukon’s gold rush shows no signs of slowing, but environmentalists fear for watershed’s safety - "At the turn of the 19th century it played host to the famed Klondike Gold Rush that drew thousands to the rugged wilderness in search of riches, but now the Yukon entertains a newer, more modern kind of mining rush." More
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Mega Uranium Ltd. Releases Unaudited Results for the Three and Six Months Ended March 31, 2012 - More
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World's platinum lies on African political faultlines - "Platinum markets have avoided an eruption that would have shaken them to the core with mine nationalization effectively killed as policy in South Africa, which sits on about 80 percent of the global supply of the precious metal." More
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Entree Gold Reports on First Quarter 2012 - "Entree's key projects in Mongolia and Nevada are progressing in the midst of the current market volatility. Many resource companies have seen sharp declines in their share prices since 2011 due to global economic uncertainty and Entree is no exception. However, Entree's assets continue to advance. Rio Tinto's expanded involvement related to the ongoing financing of the Oyu Tolgoi mine development is a testament to the quality of the Oyu Tolgoi project, of which Entree's joint venture ground is an integral part. In keeping with our commitment to our shareholders, we recently released an updated resource estimate for the Ann Mason copper-molybdenum deposit, which resulted in a significant increase in overall tonnage. We are now proceeding with the preparation of a Preliminary Economic Assessment targeted for completion in the second half of 2012. We believe 2012 will be a pivotal year for Entree as both of our key assets advance along the path towards development and production." More
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Entree Gold Reports on First Quarter 2012 - "Entree's key projects in Mongolia and Nevada are progressing in the midst of the current market volatility. Many resource companies have seen sharp declines in their share prices since 2011 due to global economic uncertainty and Entree is no exception. However, Entree's assets continue to advance. Rio Tinto's expanded involvement related to the ongoing financing of the Oyu Tolgoi mine development is a testament to the quality of the Oyu Tolgoi project, of which Entree's joint venture ground is an integral part. In keeping with our commitment to our shareholders, we recently released an updated resource estimate for the Ann Mason copper-molybdenum deposit, which resulted in a significant increase in overall tonnage. We are now proceeding with the preparation of a Preliminary Economic Assessment targeted for completion in the second half of 2012. We believe 2012 will be a pivotal year for Entree as both of our key assets advance along the path towards development and production." More
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Tanzanian Royalty Reports New Drill Results from the Buckreef Project Confirm Wider Mineralization At Depth With 34 metres @ 2.44g/t Au - "Tanzanian Royalty Exploration Corporation is pleased to report that new assay results from its 2012 ongoing diamond drilling program at the Buckreef Gold Project in Tanzania, have been received and confirming continuity of the wide, higher-grade gold mineralized zones at depth." More
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Randgold Resources Limited [GOLD], Member of NASDAQ-100, to Ring The NASDAQ Stock Market Closing Bell - "West and Central Africa focused gold miner Randgold Resources Limited [GOLD] will visit the NASDAQ MarketSite in Times Square. Randgold Resources is a member of the NASDAQ-100 Index." More
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Paladin Energy Ltd: Third Quarter Conference Call and Investor Update-17 May 2012 - More
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CanAlaska Uranium Ltd. - Geophysical Surveys Define New Uranium Drill Targets at NW Manitoba Project - More
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Banro Appoints Colin Belshaw Vice President, Operations - "Banro Corporation ("Banro" or the "Company") (BAA.TO)(BAA) is pleased to announce the appointment of Mr. Colin Belshaw as Vice President, Operations of the Company, effective May 20, 2012. In this position, Mr. Belshaw will have direct responsibility for all operations, including the Twangiza mine, currently ramping up to full production, the Namoya mine which is currently in the construction phase, and other mines Banro plans to develop along the Twangiza-Namoya gold belt in the Democratic Republic of the Congo ("DRC")." More
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Pretivm Reports First Quarter 2012 Results - "In late February 2012 we began mobilizing seven drills to our Brucejack Project to commence the initial phase of the 2012 Brucejack Exploration Program, which consists of 25,000 meters of drilling focused on upgrading Inferred gold resources to the Indicated resource category." More
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Pretivm Reports First Quarter 2012 Results - "In late February 2012 we began mobilizing seven drills to our Brucejack Project to commence the initial phase of the 2012 Brucejack Exploration Program, which consists of 25,000 meters of drilling focused on upgrading Inferred gold resources to the Indicated resource category." More
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Aurizon Reports Annual General Meeting Results - "Aurizon Mines Ltd. (ARZ.TO)(AZK) is pleased to report that all of the resolutions that shareholders were asked to consider at the Annual General Meeting held in Vancouver, B.C. on May 10, 2012, were approved, including the adoption of new Articles of the Company, the effect of which was to alter the Company's existing Articles by: (i) eliminating staggered terms of office for directors; and (ii) accommodating changes resulting from the implementation of the Securities Transfer Act (British Columbia) and the related changes to the Business Corporations Act (British Columbia); and an amendment to the terms of the Company's stock option plan to increase the percentage of outstanding Common Shares that may be made available for issuance pursuant to stock options granted under the Plan (together with all other outstanding securities-based compensation arrangements), from 7% to 10% of the outstanding Common Shares at the time of grant." More
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Gold Resource Corporation Reports Record First Quarter Results; Increases Precious Metal Gold Equivalent Production by 308% Over Q1 2011 - "Gold Resource Corporation (GORO) today announced record results for its first quarter ending March 31, 2012, including an increase of 308% production of precious metal gold equivalent and an increase of 281% mine gross profit over the first quarter of 2011. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico." More
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Gold Resource Corporation Reports Record First Quarter Results; Increases Precious Metal Gold Equivalent Production by 308% Over Q1 2011 - "Gold Resource Corporation (GORO) today announced record results for its first quarter ending March 31, 2012, including an increase of 308% production of precious metal gold equivalent and an increase of 281% mine gross profit over the first quarter of 2011. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico." More
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Gold Resource Corporation Reports Record First Quarter Results; Increases Precious Metal Gold Equivalent Production by 308% Over Q1 2011 - "Gold Resource Corporation (GORO) today announced record results for its first quarter ending March 31, 2012, including an increase of 308% production of precious metal gold equivalent and an increase of 281% mine gross profit over the first quarter of 2011. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico." More
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McEwen Mining Expansion Drilling Intersects 0.53% Copper Over 351 Meters at the Los Azules Project - "McEwen Mining Inc. (MUX)(MUX.TO) announces that expansion drilling at its 100% owned Los Azules Copper Project, in San Juan Province, Argentina has intersected 0.53% copper over 351 meters, including 0.71% copper over 167 meters, in Hole 1279. This hole is located 340 meters southeast of Hole T-01, which last year returned 0.50% copper over 269 meters, including 0.95% copper over 45 meters." More
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U.S. Silver Reports Q1 Results and Completion of Hoist Upgrade - “Silver production increased by 11.5% to 551,228 ounces compared to 494,363 in Q1 2011 and while lower than targeted levels was within normal levels of variability experienced at the Galena,” said U.S. Silver’s Executive Chairman Gordon Pridham. “We are also pleased to announce that the electrical upgrade to the Number 3 shaft hoist has been successfully completed on time resulting in enhanced reliability, electrical power savings, and reduced repair and troubleshooting issues. This project is part of our ongoing commitment to invest in the business to ensure long term, safe and reliable production. U.S. Silver reconfirms its annual production guidance of 2.4 million ounces for 2012.” More
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U.S. Silver Reports Q1 Results and Completion of Hoist Upgrade - “Silver production increased by 11.5% to 551,228 ounces compared to 494,363 in Q1 2011 and while lower than targeted levels was within normal levels of variability experienced at the Galena,” said U.S. Silver’s Executive Chairman Gordon Pridham. “We are also pleased to announce that the electrical upgrade to the Number 3 shaft hoist has been successfully completed on time resulting in enhanced reliability, electrical power savings, and reduced repair and troubleshooting issues. This project is part of our ongoing commitment to invest in the business to ensure long term, safe and reliable production. U.S. Silver reconfirms its annual production guidance of 2.4 million ounces for 2012.” More
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Uranium Resources, Inc. Provides First Quarter 2012 Update - More
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Argus to Drill Kaituma Uranium/Gold Project - More
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Bannerman reports positive definitive feasibility study at Namibia project - More
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Uranium developer Aura looks for a Fin-ishing touch - More
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Cameco Investor Webcast Advisory - More
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Lake Shore Gold Exceeds Targets and Achieves Continued Operating Improvements During First Quarter 2012, Company Remains on Track for Strong Production Growth - "Lake Shore Gold Corp. (LSG.TO)(LSG) ("Lake Shore Gold" or the "Company") today announced financial and operating results for the first quarter 2012. During the first quarter, the Company achieved better than expected production levels and operating costs, completed significant development and continued making operating improvements, announced strong growth in resources, and released an updated reserve and Preliminary Economic Assessment ("PEA") for the Timmins West Mine." More
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Revett Minerals Inc. : Revett Reports Q1 2012 Earnings - "Total revenue for the first quarter of 2012 increased by 50% to $19.2 million compared to $12.8 million during the first quarter of 2011. Net income for the first quarter was $3.7 million or $0.11 per share, compared to a net loss of $2.8 million or $(0.12) per share for 2011. The increase in first quarter 2012 revenues and net income was due primarily to higher metal production as compared to first quarter 2011." More
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Revett Minerals Inc. : Revett Reports Q1 2012 Earnings - "Total revenue for the first quarter of 2012 increased by 50% to $19.2 million compared to $12.8 million during the first quarter of 2011. Net income for the first quarter was $3.7 million or $0.11 per share, compared to a net loss of $2.8 million or $(0.12) per share for 2011. The increase in first quarter 2012 revenues and net income was due primarily to higher metal production as compared to first quarter 2011." More
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Athabasca Uranium to perform SEMM survey at Keefe Lake - More
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Excellon Resources reports financial results for the three months ended March 31, 2012 - "Excellon reports net income of $5.6 million ($0.02 per share) for the three months ended March 31, 2012 (all dollar amounts are in US dollars). For complete details please see Management's Discussion & Analysis of Financial Results, which is available on SEDAR at www.sedar.com." More
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Excellon Resources reports financial results for the three months ended March 31, 2012 - "Excellon reports net income of $5.6 million ($0.02 per share) for the three months ended March 31, 2012 (all dollar amounts are in US dollars). For complete details please see Management's Discussion & Analysis of Financial Results, which is available on SEDAR at www.sedar.com." More
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Aurizon Reports First Quarter 2012 Financial Results - "Casa Berardi continues to deliver solid operating margins for us and we are well advanced on the capital works programs scheduled for this year at the mine to realize its future potential. The modified mine plan in the first quarter will not adversely affect 2012 production. We are looking forward to the Joanna feasibility study completion, updates on Heva and the Hosco West extension drilling results, resource updates on the Marban and Fayolle properties, and further exploration updates in-mine at Casa Berardi in the second quarter." More
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Aurizon Reports First Quarter 2012 Financial Results - "Casa Berardi continues to deliver solid operating margins for us and we are well advanced on the capital works programs scheduled for this year at the mine to realize its future potential. The modified mine plan in the first quarter will not adversely affect 2012 production. We are looking forward to the Joanna feasibility study completion, updates on Heva and the Hosco West extension drilling results, resource updates on the Marban and Fayolle properties, and further exploration updates in-mine at Casa Berardi in the second quarter." More
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First Majestic Reports Strong Earnings of $26.4M in Q1 2012, Up 10% Compared With Q1 2011; Revenues Top $57.8M, Up 5% From Q1 2011 - "While cost inflation continues to be a strong headwind for the mining industry, First Majestic's operational team has done an exceptional job maintaining costs. On a year-over-year basis, total production costs have been reduced by 3% to an industry-leading $29.24 per tonne while many of our peers have experienced cost increases ranging between 25% to 50% per tonne. First Majestic remains on track to meet its production guidance for 2012 and management plans to provide further guidance regarding the Silvermex acquisition once the deal closes over the coming months." More
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First Majestic Reports Strong Earnings of $26.4M in Q1 2012, Up 10% Compared With Q1 2011; Revenues Top $57.8M, Up 5% From Q1 2011 - "While cost inflation continues to be a strong headwind for the mining industry, First Majestic's operational team has done an exceptional job maintaining costs. On a year-over-year basis, total production costs have been reduced by 3% to an industry-leading $29.24 per tonne while many of our peers have experienced cost increases ranging between 25% to 50% per tonne. First Majestic remains on track to meet its production guidance for 2012 and management plans to provide further guidance regarding the Silvermex acquisition once the deal closes over the coming months." More
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AngloGold Ashanti Q1 Earnings Double to $429m; Approves $1.9bn Growth Projects - "The first quarter has shown that we continue to deliver the earnings and cash flow we need to drive our growth plans and further diversify our portfolio,'' Chief Executive Officer Mark Cutifani said. "We're now able to invest in our portfolio to deliver growth from an attractive suite of projects which are each of manageable size and carry relatively low technical execution risk." More
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AngloGold Ashanti Q1 Earnings Double to $429m; Approves $1.9bn Growth Projects - "The first quarter has shown that we continue to deliver the earnings and cash flow we need to drive our growth plans and further diversify our portfolio,'' Chief Executive Officer Mark Cutifani said. "We're now able to invest in our portfolio to deliver growth from an attractive suite of projects which are each of manageable size and carry relatively low technical execution risk." More
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Fortuna Reports Net Income of US$11.11 Million on Revenue of US$40.60 Million in the First Quarter of 2012 - "Fortuna has delivered a record profitable quarter with strong cash flow generation reflecting the positive impact of the San Jose operation in our performance. Our current focus is on sustaining our status as a low cost producer through the implementation of various initiatives incorporated in our capital projects and execution of San Jose's production expansion to three million ounces of silver and twenty-five thousand ounces of gold annual production rate by next year. Our exploration efforts continue throughout our extensive land holdings around our mines and with the evaluation of new opportunities throughout the Americas." More
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Fortuna Reports Net Income of US$11.11 Million on Revenue of US$40.60 Million in the First Quarter of 2012 - "Fortuna has delivered a record profitable quarter with strong cash flow generation reflecting the positive impact of the San Jose operation in our performance. Our current focus is on sustaining our status as a low cost producer through the implementation of various initiatives incorporated in our capital projects and execution of San Jose's production expansion to three million ounces of silver and twenty-five thousand ounces of gold annual production rate by next year. Our exploration efforts continue throughout our extensive land holdings around our mines and with the evaluation of new opportunities throughout the Americas." More
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Golden Star Resources Reports First Quarter Financial Results - "Total first quarter 2012 gold sales increased to 77,725 ounces, up 10% over fourth quarter 2011 gold sales of 70,811 ounces. Compared with the first quarter of 2011, gold sales in Q1 2012 were down 7% but the higher gold price drove revenues higher by 12% to $131 million." More
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Golden Star Resources Reports First Quarter Financial Results - "Total first quarter 2012 gold sales increased to 77,725 ounces, up 10% over fourth quarter 2011 gold sales of 70,811 ounces. Compared with the first quarter of 2011, gold sales in Q1 2012 were down 7% but the higher gold price drove revenues higher by 12% to $131 million." More
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Golden Minerals Reports First Quarter 2012 Results - "For the quarter ended March 31, 2012, Golden Minerals recorded revenue of $6.4 million from the sale of metals, reflecting a continued ramp-up in production at our Velardeña operations located in Durango State, Mexico. Revenue more than doubled from the fourth quarter 2011. Revenue net of cost of sales of $7.9 million at the Velardeña operations generated a negative gross margin of $1.6 million, which was less than the negative gross margin of $3.3 million recorded in the fourth quarter 2011." More
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Golden Minerals Reports First Quarter 2012 Results - "For the quarter ended March 31, 2012, Golden Minerals recorded revenue of $6.4 million from the sale of metals, reflecting a continued ramp-up in production at our Velardeña operations located in Durango State, Mexico. Revenue more than doubled from the fourth quarter 2011. Revenue net of cost of sales of $7.9 million at the Velardeña operations generated a negative gross margin of $1.6 million, which was less than the negative gross margin of $3.3 million recorded in the fourth quarter 2011." More
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AuRico Reports Q1 Financial Results - "During the first four months of 2012 the Company has continued to deliver on its strategic plan, advancing the Young-Davidson mine to production and streamlining our asset base through the divestiture of non-core assets. Our exclusive focus is now on our portfolio of three large, low-cost, producing operations as well as exploration and development properties located in Canada and Mexico." More
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AuRico Reports Q1 Financial Results - "During the first four months of 2012 the Company has continued to deliver on its strategic plan, advancing the Young-Davidson mine to production and streamlining our asset base through the divestiture of non-core assets. Our exclusive focus is now on our portfolio of three large, low-cost, producing operations as well as exploration and development properties located in Canada and Mexico." More
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Denison Mines Corp. Reports First Quarter 2012 Results - More
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Midway Gold Announces First Quarter 2012 Financial Results - "Our consolidated net loss from operations for the three-month period ended March 31, 2012 was $3,072,393 or $0.03 per share, an increase of 13% from $2,714,283 or $0.03 per share from the first quarter 2011. The change primarily relates to an increase in salaries and benefits of $471,216 as a result of an increase in the number of employees of the Company as compared to the first quarter of 2011. Of the year over year change in salaries and benefits, $175,953 was included as non-cash stock based compensation." More
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Midway Gold Announces First Quarter 2012 Financial Results - "Midway Gold Corp. (TSX.V and NYSE Amex: MDW) (the “Company”) announces financial results for the first quarter ended March 31, 2012. These results were filed today with the United States Securities and Exchange Commission (the “SEC”) in the Company’s quarterly report on Form 10-Q, and with the relevant security regulators in Canada." More
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Forum Uranium Corp.: Drilling Discovers Basement-Hosted Uranium on the NW Athabasca Property, Saskatchewan - More
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AngloGold profit doubles, approves expansion spend - "AngloGold Ashanti Ltd. /quotes/zigman/223116/quotes/nls/au AU +0.18% , Africa's largest gold producer, Thursday said its profit roughly doubled in the first quarter despite a drop in output on the year and that it has approved spending to grow its production.

AngloGold said that in the quarter the company's board approved $1.9 billion to be spent over the next five years to expand the Cripple Creek and Victor mine in the U.S. and develop the Mongbwalu and Kibali projects in the Congo. AngloGold forecasts these projects to contribute additional annual production of more than 500,000 troy ounces." More
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Uranerz Announces First Quarter 2012 Financial Results - More
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Great Panther Updates Mineral Resource Estimates at the Guanajuato Mine Complex and San Ignacio Project; Extends Mineralization at San Ignacio - "GREAT PANTHER SILVER LIMITED (GPR.TO)(GPL) ("the Company") announces the completion of the updated mineral resource estimates at the Company's wholly-owned Guanajuato Mine Complex ("Guanajuato Mine") and San Ignacio Project ("San Ignacio") in Guanajuato, Mexico. As the San Ignacio Project is effectively a satellite of the Guanajuato Mine Complex (20 kilometres by road), and any mineralization extracted from the former will be processed at the Cata Plant, the resource is now being considered as part of the overall Guanajuato Mine mineral inventory." More
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Pretivm Announces Closing of Offering - "Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm" or the "Company") announces today that the previously announced offering of common shares (the "Offering") has completed and included the exercise in full of the over-allotment option granted to the syndicate of underwriters. The Offering consisted of an aggregate of 5,554,500 shares at a price of $14.50 per share for gross proceeds of $80,540,250." More
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Comstock Mining Completes Phase One Drilling at Spring Valley - "Comstock Mining Inc. ("Comstock Mining" or "the Company") (LODE) announced the successful completion of the initial phase of drilling in its Spring Valley exploration target. The Spring Valley drilling began on January 24, 2012, and was completed on March 22, 2012." More
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Nevsun Reports Strong First Quarter 2012 Financial Results, Raises 2012 Production Outlook - "Nevsun Resources Ltd. (NSU.TO)(NSU) today reported strong financial and operating results for the first quarter ended March 31, 2012. Nevsun also increased its guidance for 2012 gold production by approximately 25% to a range of 240,000 ounces to 260,000 ounces." More
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Silver Standard Reports First Quarter 2012 Financial Results - "One of our goals in 2012 is to demonstrate strong quarter-on-quarter performance at the Pirquitas mine. Record production and stable mine cost performance in the first quarter provides a strong start to build on for the rest of the year," said John Smith, President and CEO. "The Pitarrilla feasibility study is progressing well and will be presented to the Board in the second half of 2012. With the recent proceeds from the exercised Pretium warrants, Silver Standard is financially strong to develop our substantial project portfolio and continue aggressive exploration." More
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Silver Standard Reports First Quarter 2012 Financial Results - "One of our goals in 2012 is to demonstrate strong quarter-on-quarter performance at the Pirquitas mine. Record production and stable mine cost performance in the first quarter provides a strong start to build on for the rest of the year," said John Smith, President and CEO. "The Pitarrilla feasibility study is progressing well and will be presented to the Board in the second half of 2012. With the recent proceeds from the exercised Pretium warrants, Silver Standard is financially strong to develop our substantial project portfolio and continue aggressive exploration." More
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Vista Gold Corp. Announces First Quarter 2012 Financial Results and Provides Update on Recent Activities - "With the continuation of drilling, permitting and development activities at our Mt. Todd gold project and the on-going exploration program at our Guadalupe de los Reyes gold/silver project, we incurred a net loss of $11.2 million, or $0.16 per share ($0.16 per share on a fully diluted basis), for the three months ended March 31, 2012. This is compared to a net loss of $3.9 million, or $0.06 per share ($0.06 per share on a fully diluted basis), for the same period in 2011." More
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Vista Gold Corp. Announces First Quarter 2012 Financial Results and Provides Update on Recent Activities - "With the continuation of drilling, permitting and development activities at our Mt. Todd gold project and the on-going exploration program at our Guadalupe de los Reyes gold/silver project, we incurred a net loss of $11.2 million, or $0.16 per share ($0.16 per share on a fully diluted basis), for the three months ended March 31, 2012. This is compared to a net loss of $3.9 million, or $0.06 per share ($0.06 per share on a fully diluted basis), for the same period in 2011." More
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Kinross Reports 2012 First Quarter Results - "Our operations continue to generate robust revenue, cash flow and earnings. While production was lower and costs were higher than Q4 2011, based on our annual plan, production for each of the remaining quarters of 2012 is expected to exceed Q1. We expect to be within our previously-stated full-year guidance for production and costs." More
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Kinross Reports 2012 First Quarter Results - "Our operations continue to generate robust revenue, cash flow and earnings. While production was lower and costs were higher than Q4 2011, based on our annual plan, production for each of the remaining quarters of 2012 is expected to exceed Q1. We expect to be within our previously-stated full-year guidance for production and costs." More
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McEwen Mining Provides First Quarter 2012 Operational and Development Update - "McEwen Mining Inc. (MUX.TO) (MUX) is pleased to provide a summary of the First Quarter, including operational and development updates for its projects in Argentina, Mexico and Nevada." More
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Jaguar Mining Announces Comprehensive Restructuring and Turnaround Plan; Operational Improvements and Aggressive Cost Cutting Measures are Under Way - "Jaguar Mining Inc. ("Jaguar" or the "Company") (JAG: TSX/NYSE) today announced the implementation of a comprehensive restructuring and turnaround plan to improve costs and efficiency at its operations in the state of Minas Gerais, Brazil. The plan incorporates objectives and initiatives identified by Jaguar's Office of the Chairman, its new Chief Operating Officer and a number of expert industry consultants who have been retained to assist with operational and cost improvements." More
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First Uranium in process of distributing information circulars for meetings on June 13, 2012 of shareholders, noteholders and debentureholders - More
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Rubicon Increases Phoenix Gold Project Budget to end Q3-2012 by $27.8 million to $82.8 million - "Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) ("Rubicon") is pleased to announce that its Phoenix Gold Project budget to the end of Q3-2012 has been increased by $27.8 million to $82.8 million. Approximately 60% of the increase is directed towards accelerating mill foundation work and the fabrication of the mill building ($16.6 million including 20% contingency). The remainder will be used to fund additional mill engineering work, the completion of the down payment on the SAG and ball mill and additional diamond drilling." More
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Richmont Intercepts 6.40 g/t Au Over 52.8 Metres in Wasamac Main Zone, and Announces Five Focus Areas to Improve Project Economics - "Richmont Mines Inc. (RIC.TO)(RIC), ("Richmont" or the "Corporation") is pleased to announce results from more than 10,000 metres of drilling on its Wasamac property (the "Property") and 4,000 metres on the adjacent Globex option." More
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Hecla Reports First Quarter 2012 Results - "Hecla Mining Company (“Hecla”) (NYSE:HL) today announced first quarter net income applicable to common shareholders of $12.4 million, or $0.04 per basic share, and earnings after adjustments applicable to common shareholders of $16.9 million, or $0.06 per basic share. First quarter silver production was 1.3 million ounces at a cash cost of $2.24 per ounce, net of by-products." More
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Hecla Reports First Quarter 2012 Results - "Hecla Mining Company (“Hecla”) (NYSE:HL) today announced first quarter net income applicable to common shareholders of $12.4 million, or $0.04 per basic share, and earnings after adjustments applicable to common shareholders of $16.9 million, or $0.06 per basic share. First quarter silver production was 1.3 million ounces at a cash cost of $2.24 per ounce, net of by-products." More
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Hecla Declares Silver-Linked and Regular Dividends and Announces Stock Repurchase Program - "Hecla Mining Company (NYSE:HL) is pleased to announce its Board of Directors has declared the third consecutive quarterly dividend of $0.0225 per share of common stock for a total amount of approximately $6.4 million." More
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Timberline Announces Second Quarter 2012 Financial Results - "Timberline reported a consolidated net loss of $1.10 million for the quarter ended March 31, 2012, including exploration expenditures of $0.45 million. The Company's exploration expenditures during the quarter were related primarily to additional geologic interpretations based upon our most recent exploration drill program at the South Eureka Property in Nevada that were used for resource modeling and estimation." More
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Timberline Announces Second Quarter 2012 Financial Results - "Timberline reported a consolidated net loss of $1.10 million for the quarter ended March 31, 2012, including exploration expenditures of $0.45 million. The Company's exploration expenditures during the quarter were related primarily to additional geologic interpretations based upon our most recent exploration drill program at the South Eureka Property in Nevada that were used for resource modeling and estimation." More
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Endeavour Silver Reports Record Adjusted Earnings for Q1, 2012, Up 35% to $19.6 Million Compared to Q1, 2011; Revenues Up 39% to $49.0 Million, Cash Flow Up 96% - "The Company reported record adjusted earnings (a non-IFRS measure) of $19.6 million ($0.22 per share) in the First Quarter, 2012. Net earnings (an IFRS measure) were $19.8 million and operating cash-flow was $30.0 million from revenues totaling $49.0 million. Silver sales averaged $33.10 per ounce (oz) and the cash costs of production were $6.26 per oz net of gold credits, generating a gross margin of $26.84 per oz of silver produced in Q1, 2012." More
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Endeavour Silver Reports Record Adjusted Earnings for Q1, 2012, Up 35% to $19.6 Million Compared to Q1, 2011; Revenues Up 39% to $49.0 Million, Cash Flow Up 96% - "The Company reported record adjusted earnings (a non-IFRS measure) of $19.6 million ($0.22 per share) in the First Quarter, 2012. Net earnings (an IFRS measure) were $19.8 million and operating cash-flow was $30.0 million from revenues totaling $49.0 million. Silver sales averaged $33.10 per ounce (oz) and the cash costs of production were $6.26 per oz net of gold credits, generating a gross margin of $26.84 per oz of silver produced in Q1, 2012." More
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U3O8 Corp. Joins OTCQX - More
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Uranium Energy Corp. Announces an Indicated Resource of 17 Million Pounds U3O8 and an Inferred Resource of 12 Million Pounds U3O8 - More
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Uranium One profit falls on lower uranium price - More
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Alexco Reports First Quarter 2012 Earnings - "Alexco Resource Corp. (AXR.TO - News)(AXU - News) today reports pre-tax income of $3.0 million and net income of $1.3 million ($0.02 basic and diluted earnings per share) for the first quarter of 2012. All figures are expressed in Canadian dollars unless otherwise stated." More
- 05/07/12 | Item


Alexco Reports First Quarter 2012 Earnings - "Alexco Resource Corp. (AXR.TO - News)(AXU - News) today reports pre-tax income of $3.0 million and net income of $1.3 million ($0.02 basic and diluted earnings per share) for the first quarter of 2012. All figures are expressed in Canadian dollars unless otherwise stated." More
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Almaden Hits 29.45 Meters of 3.21 g/t Gold and 136.3 g/t Silver (5.9 g/t AuEq) on Main Ixtaca Zone - "Almaden Minerals Ltd. ("Almaden" or "the Company") (AMM.TO - News)(AAU - News) 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-12-96, TU-12-98 and TU-12-106 to 125. Holes TU-12-98, 109, 113 and 116 were drilled on the Northeast Extension Zone. Holes TU-12-110, 114, 118,119 and 122 were drilled into the Ixtaca North Zone. The remainder of the holes reported in this release were drilled into the Main Ixtaca Zone with holes TU-120, 123 and 124 from infill sections spaced at 25 meters from previous 50 meter spaced sections." More
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Uranex compiles uranium estimate - More
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Goldcorp declares fifth monthly dividend payment for 2012 - "GOLDCORP INC. (G.TO), (GG) is pleased to declare its fifth monthly dividend payment for 2012 of $0.045 per share. Shareholders of record at the close of business on Thursday, May 17, 2012 will be entitled to receive payment of this dividend on Friday, May 25, 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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Coeur Reports Solid First Quarter Results - "Coeur d'Alene Mines Corporation (NYSE:CDE - News) (TSX:CDM.TO - News) produced 4.9 million ounces of silver and 43,901 ounces of gold in the first quarter of 2012, which resulted in $204.6 million in sales and $93.8 million in operating cash flow1 during the first quarter of 2012." More
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Coeur Reports Solid First Quarter Results - "Coeur d'Alene Mines Corporation (NYSE:CDE - News) (TSX:CDM.TO - News) produced 4.9 million ounces of silver and 43,901 ounces of gold in the first quarter of 2012, which resulted in $204.6 million in sales and $93.8 million in operating cash flow1 during the first quarter of 2012." More
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SilverCrest Reports 127.4m @ 65.6 gpt Ag Eq(i) at La Joya Expands Main Mineralized Trend to Northeast and Southwest - "SilverCrest Mines Inc. (SVL.V - News)(STVZF.PK - News)(STVZF.PK - News) (the "Company") is pleased to announce the results of a further 16 holes of the Phase II drill program currently underway at its La Joya Property in Durango, Mexico. The Phase II program comprises an estimated 80 holes totaling approximately 15,000 metres. Phase II drilling to date has extended the Main Mineralized Trend ("Trend") an additional 500 meters to the northwest beyond the area of the current resource of 101.9 million ounces Ag Eq.(i) (see News release dated March 20, 2012)." More
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Brigus Gold Agrees to Sell Calais Notes for USD $6.0 Million - "Brigus Gold Corp. (“Brigus” or the “Company”) has entered into an agreement with New West Capital to sell the outstanding Calais Notes (“Notes”) for USD $6.0 million. To date, Brigus has received payments totaling USD $500,000. On June 30, 2012, the company will receive an additional USD $1.0 million followed by the remaining USD $4.5 million, payable on August 31, 2012." More
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Allied Nevada Achieves Net Income of $12.1 Million or $0.13 Per Share in Q1 2012 - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (ANV.TO - News)(ANV - News) is pleased to provide financial and operating results for the quarter ended March 31, 2012. The results presented in this press release should be read in conjunction with the Company's Quarterly Report Form 10-Q for the quarter ended March 31, 2012 filed on SEDAR and EDGAR and posted on Allied Nevada's website at www.alliednevada.com. The financial results are based on United States GAAP (with the exception of the non-GAAP measure - adjusted cash costs) and are expressed in U.S. dollars." More
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Allied Nevada Achieves Net Income of $12.1 Million or $0.13 Per Share in Q1 2012 - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (ANV.TO - News)(ANV - News) is pleased to provide financial and operating results for the quarter ended March 31, 2012. The results presented in this press release should be read in conjunction with the Company's Quarterly Report Form 10-Q for the quarter ended March 31, 2012 filed on SEDAR and EDGAR and posted on Allied Nevada's website at www.alliednevada.com. The financial results are based on United States GAAP (with the exception of the non-GAAP measure - adjusted cash costs) and are expressed in U.S. dollars." More
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Eldorado Gold Corporation: 2012 First Quarter Financial and Operating Results; Profits Increase 29%, Gold Revenue Up 24% - "Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation ("Eldorado" the "Company" or "we"), is pleased to report on the Company's financial and operational results for the first quarter of 2012. Eldorado reported profit attributable to shareholders of the Company of $67.9 million for the period, and generated $102.8 million in cash from operating activities before changes in non-cash working capital." More
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Eldorado Gold Corporation: 2012 First Quarter Financial and Operating Results; Profits Increase 29%, Gold Revenue Up 24% - "Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation ("Eldorado" the "Company" or "we"), is pleased to report on the Company's financial and operational results for the first quarter of 2012. Eldorado reported profit attributable to shareholders of the Company of $67.9 million for the period, and generated $102.8 million in cash from operating activities before changes in non-cash working capital." More
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Keegan Appoints Robert Sali to Board of Directors - "Keegan Resources Inc. (KGN.TO - News)(KGN - News) ("Keegan" or the "Company") is pleased to announce that Robert Sali has been appointed a director of the company effective immediately. Mr. Sali, a resident of Singapore, is an experienced mining financier who will serve as an independent director." More
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Uranium North Provides Updated Amer Lake Uranium Resource Calculation - More
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Pretivm Prices Offering of Common Shares - "The underwriters have agreed to purchase 4,830,000 shares at a price of C$14.50 per share (the "Offering Price") for gross proceeds of C$70,035,000. The Offering will be made under a prospectus supplement dated May 3, 2012 to the Company's short form base shelf prospectus dated March 19, 2012, to be filed with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec. The Supplement will also be filed with the U.S. Securities and Exchange Commission ("SEC") as part of a registration statement on Form F-10 in accordance with the Multijurisdictional Disclosure System established between Canada and the United States." More
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Newmont says not affected by new Indonesia export tax - "Newmont Corp's Indonesian copper and gold mine will not be affected by a new government duty on raw metal exports, the firm's Indonesia chief said on Thursday, because of a long-standing contract meant to protect it from tax changes." More
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Crosshair Outlines Resource Expansion Program for Juniper Ridge - More
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Royal Gold Reports Record Results for Third Quarter Fiscal 2012 - "Royal Gold, Inc. (NASDAQ:RGLD - News) (TSX:RGL.TO - News) today announced record net income attributable to Royal Gold stockholders of $26.0 million, or $0.44 per basic share, on record royalty revenue of $69.6 million for the quarter ended March 31, 2012. This compares to net income attributable to Royal Gold stockholders of $19.6 million, or $0.36 per basic share, on royalty revenue of $55.5 million for the prior year period." More
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Royal Gold Reports Record Results for Third Quarter Fiscal 2012 - "Royal Gold, Inc. (NASDAQ:RGLD - News) (TSX:RGL.TO - News) today announced record net income attributable to Royal Gold stockholders of $26.0 million, or $0.44 per basic share, on record royalty revenue of $69.6 million for the quarter ended March 31, 2012. This compares to net income attributable to Royal Gold stockholders of $19.6 million, or $0.36 per basic share, on royalty revenue of $55.5 million for the prior year period." More
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Golden Star Resources Publishes Positive Preliminary Economic Assessment for Prestea Underground Mine - "Golden Star Resources Ltd. (GSS - News) (GSC.TO - News) (GSR) ("Golden Star" or the "Company") is pleased to announce the completion of a Company authored Preliminary Economic Assessment ("PEA") of the West Reef area of the Prestea Underground Mine. The Golden Star Board of Directors has approved the PEA and has directed management to proceed to a full feasibility study." More
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Brigus Gold is on Track to Hit Q2 Production Target - "Brigus Gold Corp. (“Brigus” or the “Company”) is pleased to announce that it produced 7,088 ounces of gold at an average grade of 3.66 grams per tonne (gpt) in April, putting the company on track to meet its second quarter guidance of 18,000 to 21,000 ounces of gold." More
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Randgold Resources Announces 1st Quarter Results - "Randgold Resources has posted a robust performance for the first quarter of 2012 despite the challenges presented by a coup in Mali, the expansion of its Loulo complex and the stabilising of its new Tongon mine in Cote d'Ivoire." More
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Randgold Resources Announces 1st Quarter Results - "Randgold Resources has posted a robust performance for the first quarter of 2012 despite the challenges presented by a coup in Mali, the expansion of its Loulo complex and the stabilising of its new Tongon mine in Cote d'Ivoire." More
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Royal Gold Announces Reserve and Production Forecasts Associated with its Interests - "ROYAL GOLD, INC. (NASDAQ: RGLD - News) (TSX: RGL.TO - News), today announced updated estimates for ore reserves and mineralized material1 as of December 31, 2011, and calendar 2012 production estimates with respect to properties subject to its portfolio. These are the most recent figures provided by the operators, or obtained by Royal Gold through publicly available information, for properties on which the Company owns interests." More
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Barrick Leads Miners Spending Faster Than Earnings Rise - "Capital spending by the largest gold producers is increasing at a faster pace than earnings for a second straight year as the industry’s biggest mining projects are beset by delays and surging labor costs.

Barrick Gold Corp. (ABX) said yesterday it’s reviewing cost estimates for its $5 billion Pascua-Lama gold and silver project on the Chile-Argentina border because of wage and raw-materials inflation. Newmont Mining Corp. (NEM) may have to raise the $4.8 billion budget for its Conga mine in Chile after political opposition." More
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New Gold Announces 2012 First Quarter Results Continuing its Track Record of Margin Expansion and Increasing Net Earnings by 36% - "New Gold Inc. ("New Gold") (NGD.TO) today announces financial and operational results for the first quarter of 2012, with increases in margin per ounce when compared to both the first and fourth quarters of 2011. The company finished the first quarter with gold production of 99,274 ounces at a total cash cost(1) per ounce sold, net of by-product sales, of $543 per ounce. The combination of this gold production, well below industry average cash costs and the continued strength of the gold price led New Gold to another strong quarter of financial results. During the quarter, earnings from mine operations were $78 million, net earnings increased 36% to $34 million, or $0.07 per share, and adjusted net earnings were $44 million, or $0.10 per share." More
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Cameco Beats Analysts' Estimates as Uranium Sales Rise - More
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Cameco shares rise as profit gain tops estimates - More
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Cameco Reports First Quarter Financial Results - More
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Denison Mines Corp. Provides Date for First Quarter 2012 Results and Conference Call - More
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Claude Resources Inc. Files Seabee Gold Operation Technical Report on SEDAR - "•Mineral reserves increased, net of mining depletion, to 355,600 ounces at 5.37 grams per tonne from 352,600 ounces at 5.58 grams per tonne. Mineral reserves increased 18 percent at the Seabee Gold Mine, while reserves decreased 19 percent at the Santoy 8 Gold Mine." More
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Athabasca Uranium appoints Kim Goheen to Advisory Committee - More
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Golden Star Resources Announces Drilling Results From Wassa Mine in Ghana - "During the first quarter of 2012, exploration programs on the Wassa Mining Lease continued to delineate the higher grade shoots plunging beneath the main pits. Utilizing two rigs, the Company drilled 24 holes totaling approximately 7,300 meters. The drilling programs were designed to follow the higher grade intervals that were intercepted last year under the B Shoot pit and announced in the Company's February 6, 2012, press release. Of particular interest was hole BSDD113, which intersected 32.0 g/t gold over an estimated true width of approximately 18.1 meters." More
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Barrick Reports First Quarter 2012 Financial and Operating Results - "Reported net earnings of $1.03 billion ($1.03 per share), a three percent increase from $1.00 billion ($1.00 per share) in the first quarter of 2011 and adjusted net earnings of $1.09 billion ($1.09 per share)(1), an eight percent increase from $1.00 billion ($1.01 per share) in same prior year period." More
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Barrick Reports First Quarter 2012 Financial and Operating Results - "Reported net earnings of $1.03 billion ($1.03 per share), a three percent increase from $1.00 billion ($1.00 per share) in the first quarter of 2011 and adjusted net earnings of $1.09 billion ($1.09 per share)(1), an eight percent increase from $1.00 billion ($1.01 per share) in same prior year period." More
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Barrick Gold Announces 33% Dividend Increase - "Barrick Gold Corporation (ABX - News)(ABX.TO - News) today announced that, consistent with its practice of paying a progressive dividend, the Board of Directors has authorized a quarterly dividend of US20 cents per share, which represents a 33% increase from the previous dividend." More
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Yamana Gold Declares Quarterly Dividend - "YAMANA GOLD INC. (YRI.TO - News)(AUY - News)(YAU.L - News) today announced its second quarter 2012 dividend of $0.055 per share. Shareholders of record at the close of business on Friday, June 29, 2012 will be entitled to receive payment of this dividend on Friday, July 13, 2012. The dividend is an "eligible dividend" for Canadian tax purposes." More
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Tanzanian Royalty Reports Higher Gold Grades at Depth Including 11 metres @ 9.20 g/t - "The Company is pleased to announce the receipt of more positive assay results from its ongoing diamond drilling program at the Buckreef Gold Project in Tanzania, confirming continuity of the higher-grade gold mineralization at depth." More
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Cameco Reports First Quarter Financial Results - More
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Lake Shore Gold Reports Significant New Drill Intercepts at Fenn-Gib Open-Pit Project Including 1.93 gpt Gold Over 241.20 Metres, Results Highlight Potential - "Lake Shore Gold Corp. ("Lake Shore Gold" or the "Company") today reported the results of 26 holes (15,846 metres) at the Company's wholly owned Fenn-Gib project. The Fenn-Gib project, which is located approximately 60 kms east of Timmins along the eastern extension of the Destor Porcupine ("DPFZ") and Pipestone Fault Zones ("PFZ"), has the potential to host significant open-pit and underground resources." More
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Paramount Gold and Silver Adds 500 m. of Strike to High-Grade Southern Extension of San Miguel Project's La Union Zone - "Paramount Gold and Silver Corp. (PZG - News)(PZG.TO - News)(P6G.F - News)(A0HGKQ) ("Paramount") today reported outstanding new assays from the southward extension of the high-grade La Union zone which could have major consequences for its 100%-owned San Miguel Project in Mexico." More
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Young-Davidson Mine Pours First Gold Bar - "AuRico Gold Inc. (AUQ.TO) (AUQ), ("AuRico" or "the Company") is pleased to announce that the Young-Davidson mine, located in the Abitibi gold belt in Northern Ontario, has completed its first gold pour. Commercial production is expected to be declared early in the third quarter." More
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India`s new uranium operation could host one of world`s largest reserves - More
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Pretivm Files 43-101 Technical Report for Brucejack's High-Grade Mineral Resource Estimate - "Pretium Resources Inc. (PVG.TO - News)(PVG - News) ("Pretivm") is pleased to report that it has filed on SEDAR "Brucejack Project Mineral Resources Update Technical Report" subsequent to its news release dated April 3, 2012 announcing the high-grade Mineral Resource estimate for its Brucejack Project." More
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Ur-Energy Confirms Increase in Resources and Updates Lost Creek Property Economics - More
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