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Brigus Gold Completes Sale of Calais Notes - "Brigus Gold Corp. (NYSE MKT: BRD; TSX: BRD) (“Brigus” or the “Company”) has received the final payment of USD $4.5 million from New West Capital to complete the sale of the Calais Notes (“Notes”) as announced on May 7, 2012 for total proceeds of USD $6 million." More
- 08/31/12 | Item


Gold Fields Limited - KDC East Strike - "Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce that employees of the East Section of the KDC Gold Mine (KDC) on the West Rand in South Africa have been engaging in an unlawful and unprotected strike since the start of the night shift on Wednesday, 29 August 2012." More
- 08/31/12 | Item


Paladin CEO Rick Crabb bullish on uranium prospects - More
- 08/31/12 | Item


Golden Minerals Provides Update For Velardena Operations - "Golden Minerals is continuing to ramp up production at the Velardena Operations to reach a combined oxide and sulfide plant throughput of 850 tonnes per day during the second quarter of 2013. Capital and mine development costs for the 12 month period ending June 30, 2013 are estimated to be between $15.0 and $20.0 million, including approximately $5.0 million for mine development. At 850 tonnes per day, the Company anticipates an annualized production rate of payable metals in the range from 1.0 to 1.2 million ounces of silver and 12,000 to 16,000 ounces of gold, resulting in 1.6 to 2.0 million ounces of silver equivalent (using a ratio of 50:1, gold to silver). At 850 tonnes per day, the Velardena Operations are expected also to produce approximately 4.0 million pounds of combined payable lead and zinc." More
- 08/30/12 | Item


Excellon Regains Access to La Platosa Mine - "Excellon Resources Inc. (EXN.TO) ("Excellon" or "the Company") is pleased to announce that it has regained access to its La Platosa Mine in the state of Durango, Mexico. La Platosa has been under an illegal blockade commenced by the Ejido La Sierrita (the "Ejido") with the assistance and funding of the non-governmental organization ProDESC and the Sindicato Nacional de Trabajadores Mineros Metalúrgicos, Siderúrgicos y Similares de la República Mexicana, affiliated with the United Steelworkers Union." More
- 08/30/12 | Item


Almaden Expands Ixtaca North Zone, Cuts 15.80 Meters 4.5 g/t AuEq (0.65 g/t Au and 190.2 g/t Ag) - "Almaden Minerals Ltd. ("Almaden" or "the Company") (AMM.TO)(AAU)(AAU) is pleased to announce further results from the on-going exploration drill program at the Company's 100% owned Tuligtic project, Mexico with holes TU-12-161, 165, 169, 173, 175, and 179. These holes were drilled into the Ixtaca North zone on sections 10+750, 10+800 and 10+850. The intersections reported today demonstrate the continuity of this zone as well as the presence of high grades locally. On these sections mineralisation was also intersected in the overlying volcanic units." More
- 08/30/12 | Item


Paladin Energy: Financial Report for Year Ended 30 June 2012 - More
- 08/30/12 | Item


Uranium Resources’ Stockholders Approve Share Issuance for Acquisition of Neutron Energy - More
- 08/30/12 | Item


Crosshair Begins Class III Cultural Survey at Juniper Ridge Wyoming - More
- 08/30/12 | Item


Pan American Silver Announces Normal Course Issuer Bid - "Pan American Silver Corp. (PAA.TO)(PAAS) ("Pan American" or the "Company") today announced that the Toronto Stock Exchange (the "TSX") has accepted the Company's notice of its intention to make a normal course issuer bid (the "Bid") to purchase up to 7,607,277 of its common shares, representing up to 5% of Pan American's issued and outstanding shares as of August 20, 2012. Purchases pursuant to the bid will be made on the open market through the facilities of the TSX and the Nasdaq Global Select Market ("NASDAQ"). The period of the Bid will begin on September 4, 2012 and will continue until September 3, 2013 or an earlier date should the Company complete its purchases." More
- 08/29/12 | Item


Strathmore Files Gas Hills NI 43-101 Technical Report - More
- 08/29/12 | Item


Excellon Provides Update Information Regarding La Platosa Illegal Action - "The Company has the full support of the state and federal governments and is working closely with them to end this action as soon as possible so that the workers can return to the mine and resume their livelihoods.

The Company ran out of its stockpiled ore at Miguel Auza shortly after the blockade and has not been in production since. Mining and exploration activities at La Platosa have been suspended and the mine remains on care and maintenance." More
- 08/29/12 | Item


Banro Declares Commercial Production at Twangiza Gold Mine and Provides Update on Development at Namoya, Democratic Republic of the Congo - "Banro Corporation ("Banro" or the "Company") (BAA.TO)(BAA) is pleased to declare that its Twangiza gold mine, Banro's first gold mine along the Twangiza-Namoya gold belt in the Democratic Republic of the Congo ("DRC"), has reached commercial production and the Company will begin reporting revenue as of September 1, 2012." More
- 08/29/12 | Item


Vista Gold Corp. Reports Additional Mt. Todd Drilling Results, including 1.03 g/t Gold over 206 meters - "Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today reported further drilling results from its ongoing resource conversion drilling program at the Mt. Todd gold project in Northern Territory, Australia." More
- 08/29/12 | Item


Pretium Resources Inc.: More High-Grade Gold Intersected; Valley of the Kings Extended to the East - "Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm") is pleased to report results from the ongoing drill program at its high-grade gold Brucejack Project in northern British Columbia. Current results include a number of assays grading over 1,000 grams per tonne gold and extend the zone of gold mineralization in the Valley of the Kings by 100 meters to the east." More
- 08/29/12 | Item


Laramide Commences Drilling Program at Westmoreland - More
- 08/29/12 | Item


Gold Resource Corporation Declares August Monthly Dividend - "Gold Resource Corporation (GORO) declares its instituted monthly dividend of $0.06 per common share for August 2012 payable on September 24, 2012 to shareholders of record as of September 10, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico." More
- 08/28/12 | Item


Aurcana Corporation Announces Updated Resource Estimate for La Negra Mine - "Aurcana Corporation (AUN.V)(AUNFF)(AUNFF) (the "Company" or "Aurcana") is pleased to announce an updated resource estimate for La Negra Mine, the Company's silver, zinc, lead, and copper mining operation in the State of Queretaro, Mexico." More
- 08/28/12 | Item


Almaden Steps Out to West, Cuts 30.90 Meters 4.6 g/t AuEq (1.65 g/t Au and 145.4 g/t Ag) in Volcanic Rocks - "Almaden Minerals Ltd. ("Almaden" or "the Company") (AMM.TO)(AAU)(AAU) is pleased to announce further results from the on-going exploration drill program at the Company's 100% owned Tuligtic project, Mexico with holes TU-12-160, 163, 167, 171, 172, 177, 182, 183, 185 and 187. Apart from hole TU-12-172, all holes reported today are from sections 10+150 and 10+200 at the extreme southwest end of the known mineralisation. The intersections reported today from both these sections indicate that significant mineralisation exists in volcanic rocks in this area." More
- 08/28/12 | Item


Uranerz Reports Production Well and Development Update - More
- 08/28/12 | Item


Hecla Declares Preferred Dividend - "Hecla Mining Company (NYSE:HL) today announced its Board of Directors has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock." More
- 08/28/12 | Item


Pretium Resources Inc.: More High-Grade Gold Intersected; Valley of the Kings Extended to the East - "Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm") is pleased to report results from the ongoing drill program at its high-grade gold Brucejack Project in northern British Columbia. Current results include a number of assays grading over 1,000 grams per tonne gold and extend the zone of gold mineralization in the Valley of the Kings by 100 meters to the east. (See Table 1 below for assays.)" More
- 08/28/12 | Item


Full Production Resumes at Palmarejo Mine - "Coeur d’Alene Mines Corporation (CDE) (CDM.TO) reports that the Company’s Palmarejo silver and gold mine in northern Mexico is operating at full capacity following a regrettable fatal accident at the mine late Sunday morning, August 26, 2012. Production resumed yesterday morning. The Company currently does not expect any change to its 2012 silver and gold production guidance at Palmarejo." More
- 08/28/12 | Item


Cameco capitalizes on weak uranium market with acquisition from BHP - More
- 08/28/12 | Item


Toro Energy confirms high grade uranium at Theseus from drill core assays - More
- 08/27/12 | Item


Energy Fuels buys out uranium mine partner in Utah - More
- 08/27/12 | Item


Energy Fuels Announces Appointment of New Chief Financial Officer - More
- 08/27/12 | Item


Claude Intercepts 14.58 g/t over 29.74 metres at Santoy Gap, Seabee Project - "Claude Resources Inc. (TSX-CRJ; NYSE MKT-CGR) ("Claude" and or the "Company") today provided an exploration update from its 2012 drill program at Santoy Gap within the Company's 100 percent-owned, 14,400 hectare Seabee Gold Project. Newly released drill results have extended the mineralized system up-dip, along strike to the north and at depth as well as confirming continuity within the existing inferred resource (Table 1). Drill hole JOY-12-677 returned the widest intercept to date, 14.58 grams of gold per tonne over 29.74 metres, confirming a high grade core that hosts multiple vein sets over combined widths of between 20 and 30 metres. Santoy Gap currently hosts an inferred resource of 495,000 ounces at 6.63 grams of gold per tonne. The system remains open in most directions and underground development from the existing Santoy 8 infrastructure has been initiated." More
- 08/27/12 | Item


Silvercorp Intercepts High-Grade Silver-Lead-Zinc Mineralization at the TLP Mine, Ying Mining District, Henan Province, China - "Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO)(SVM) is pleased to report the results of its on-going underground diamond drilling program for the first half of 2012 at the TLP mine, Ying Mining District, Henan Province, China." More
- 08/27/12 | Item


Paladin Energy Ltd: Year End June 2012 Conference Call and Investor Update-31 August 2012 - More
- 08/27/12 | Item


First Majestic Announces Appointment of VP of Exploration - "FIRST MAJESTIC SILVER CORP. (FR.TO)(AG)(FMV.F) is pleased to announce the appointment of Guillermo Lozano as Vice President of Exploration who will head all exploration activities at the Company's growing portfolio of projects in Mexico." More
- 08/27/12 | Item


U3O8 Corp. Graduates to the TSX - More
- 08/27/12 | Item


Cameco Acquires Yeelirrie Uranium Project in Western Australia - More
- 08/27/12 | Item


Coeur d’Alene Mines Reports Fatal Accident at Palmarejo Mine - "Coeur d’Alene Mines Corporation (“Coeur”) (CDE) (CDM.TO) reported that a fatality took place late Sunday morning at the Company’s Palmarejo silver and gold mine in Mexico.

The incident occurred outside the underground mine in the vicinity of the south portal and involved an employee who fell while performing maintenance work on a piece of surface equipment. The appropriate authorities have been notified and the incident is under investigation by the Company and the local police. Work in the underground portion of the mine has been suspended pending completion of the investigation. The open pit mine and milling facilities remain in operation." More
- 08/27/12 | Item


Cameco poised to profit from nuclear power development - More
- 08/24/12 | Item


Neutron Energy approves Uranium Resources offer - More
- 08/24/12 | Item


Neutron Energy Stockholders Approve Plan of Merger with Uranium Resources, Inc. - More
- 08/24/12 | Item


MAG Silver Announces Meeting and Record Date and Approval of Advance Notice Policy - "MAG Silver Corp. (MAG.TO)(MVG)(MVG) ("MAG" or the "Company") announced today that it will hold an annual and special meeting of shareholders (the "AGM") on October 5, 2012. The record date for shareholders entitled to vote at the AGM has been set as shareholders of record as at the close of business on September 7, 2012." More
- 08/24/12 | Item


Paladin Energy Ltd.-Mid-Term Sales Contracts Secured - More
- 08/24/12 | Item


International Tower Hill Grants Incentive Options - "International Tower Hill Mines Ltd. ("ITH" or the "Company") - (ITH.TO)(THM)(THM)(FRANKFURT:IW9) announces that, pursuant to its 2006 Incentive Stock Option Plan, it has granted options to purchase up to 4,700,000 common shares to directors, officers, employees and consultants. The options are exercisable at a price of $3.17 per share for a period of 5 years ending on August 24, 2017 and vest as to 1/3 on August 24, 2012, a further 1/3 on August 24, 2013 and the balance on August 24, 2014." More
- 08/24/12 | Item


Eurasian Minerals Announces Grant of Stock Options and Share Issuances - "Eurasian Minerals Inc. ("EMX" or the "Company") (EMX.V)(EMXX)(EMXX) announces that pursuant to the Company's Stock Option Plan, an aggregate of 1,039,500 incentive stock options, exercisable at a price of $1.94 per share for a period of five years, have been granted to officers, directors, employees and consultants of the Company." More
- 08/23/12 | Item


Huldra Silver Announces Results of AGM and Appointment of Officers - "I would like to personally thank all of our investors for their continued support of the Company. At the AGM this year we celebrated 25 years of being a publicly listed company since the initial public offering of Huldra on August 7, 1987 on the Vancouver Stock Exchange. The AGM was my third as President, CEO, and a director of the Company. Despite difficult markets and macro-economic events, the Company has made significant progress towards becoming a silver producer." More
- 08/23/12 | Item


Solitario Reports Best Hole Ever Drilled on Its Bongará High-Grade Zinc Project, Peru - "Solitario Exploration & Royalty Corp. (NYSE MKT: XPL) (SLR.TO) announced continued outstanding drilling results on its high-grade Bongará zinc project in Peru. Included in these results is the best hole ever drilled on the project, underground core hole V-297, that intersected 56.6 meters grading 22.69% zinc, 1.15% lead and 31.23 gpt silver. In addition, drill hole V-298 intersected 7.4 meters grading 40.05% zinc, 3.68% lead and 58.99 gpt silver, representing the highest grade ever intersected at Bongará." More
- 08/23/12 | Item


Claude Resources Inc. Appoints New Senior Vice President and Chief Operating Officer - "Claude Resources Inc. (TSX-CRJ) (NYSE MKT-CGR) ("Claude" and or the "Company") is pleased to announce that Mr. Brian Skanderbeg will be appointed to Senior Vice President and Chief Operating Officer effective September 1, 2012." More
- 08/23/12 | Item


MAG Silver Corp. Confirms C$33.1 Million Private Placement - "MAG Silver Corp. (MAG.TO)(MVG)(MVG) ("MAG" or the "Company") is pleased to announce that its previously disclosed private placement will be an offering of 3,526,210 common shares at a per share price of C$9.40 (the "Offering") for gross proceeds of approximately C$33.1 million. The common shares will be subject to a four month hold period. The Offering is expected to close on or about September 5, 2012." More
- 08/23/12 | Item


Timberline Intercepts High-Grade Gold Mineralization Down Dip of Current Resource at Lookout Mountain - "Timberline Resources Corporation (TLR)(TLR)(TBR.V) ("Timberline" or the "Company") announced today that it intercepted high-grade gold mineralization beneath the currently-defined resource at its Lookout Mountain Project near Eureka, Nevada. This significant intercept graded 0.138 opt (4.72 g/t) gold over the final 15 feet (4.6 metres) of the hole, which was terminated in mineralization due to ground conditions. The intercept establishes that high-grade mineralization occurs down dip of the presently-defined resource. This newly discovered zone is below the existing historical pit at Lookout Mountain where gold was produced in the late 1980's." More
- 08/23/12 | Item


Brigus Gold Reports Further High Grade Gold Results from the 147 Zone - "Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE MKT: BRD; TSX: BRD) is pleased to announce that exploration in-fill drilling on the southern portion of the Black Fox Complex continues to return high-grade gold assays from the 147 Zone." More
- 08/23/12 | Item


Randgold welcomes political progress in Mali - "Randgold Resources today welcomed the appointment of a new interim government in Mali which, with the support of Ecowas and the international community, has been extended to constitute a government of national unity including all the political parties and civil society. This represents a further step towards the full normalisation of the country following the coup attempt earlier this year. Randgold operates the Loulo and Gounkoto gold mines in Mali as well as the Morila joint venture and is one of the largest contributors to the country's economy." More
- 08/23/12 | Item


Gold Fields Limited - Q2 2012 Results - "Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced net earnings for the June quarter of R1,606 million compared with R2,082 million in the March quarter and R1,267 million in the June 2011 quarter. In US dollar terms net earnings for the June quarter were US$198 million, compared with US$268 million in the March quarter and US$186 million in the June 2011 quarter." More
- 08/23/12 | Item


Gold Fields Limited - Q2 2012 Results - "Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced net earnings for the June quarter of R1,606 million compared with R2,082 million in the March quarter and R1,267 million in the June 2011 quarter. In US dollar terms net earnings for the June quarter were US$198 million, compared with US$268 million in the March quarter and US$186 million in the June 2011 quarter." More
- 08/23/12 | Item


MAG Silver Corp. Announces Approximately C$25 Million Private Placement - "MAG Silver Corp. (MAG.TO)(MVG)(MVG) ("MAG" or the "Company") is pleased to announce a private placement offering of common shares at a per share price of C$9.40 (the "Offering") for gross proceeds of approximately C$25 million. The common shares will be subject to a four month hold period. The Offering is expected to close on or about September 5, 2012." More
- 08/23/12 | Item


Energy Fuels Announces Acquisition of Sage Plain Properties from Aldershot Resources - More
- 08/22/12 | Item


SAfrican gold miners seek to sue mining companies - "U.S. and South African lawyers are asking a court to allow thousands of miners with lung diseases to sue leading South African gold mining companies they accuse of negligence.

Lawyers say AngloGold Ashanti, Gold Fields and Harmony could face the largest damages suit in South African history if the court recognizes their case as a class action." More
- 08/22/12 | Item


Tanzania Options Uranium Properties to Karoo Exploration; Grants Incentive Stock Options - More
- 08/22/12 | Item


Crosshair Receives Initial Assay Results From CMB Property, Labrador - More
- 08/22/12 | Item


IMPACT Silver Announces Second Quarter 2012 Financial and Production Results - "IMPACT Silver Corp. (IPT.V) ("IMPACT" or "The Company") is pleased to announce the financial and production results for the second quarter ended June 30, 2012. IMPACT currently operates four underground silver mines (Chivo, San Ramon, Noche Buena and Gallega) and is building two new mines within the 100%-owned, 623 square kilometer (241 square miles) land package in Mexico. The new mines being constructed are the high-grade, underground silver Oscar Mine (which will replace the Chivo Mine) and the open-pit, poly-metallic Capire Mine, both of which are on schedule and on budget. The commencement of production at the new mines will represent the next phase of growth for the Company with the aim to establish IMPACT as a multi-million ounce silver producer." More
- 08/22/12 | Item


IMPACT Silver Announces Second Quarter 2012 Financial and Production Results - "IMPACT Silver Corp. (IPT.V) ("IMPACT" or "The Company") is pleased to announce the financial and production results for the second quarter ended June 30, 2012. IMPACT currently operates four underground silver mines (Chivo, San Ramon, Noche Buena and Gallega) and is building two new mines within the 100%-owned, 623 square kilometer (241 square miles) land package in Mexico. The new mines being constructed are the high-grade, underground silver Oscar Mine (which will replace the Chivo Mine) and the open-pit, poly-metallic Capire Mine, both of which are on schedule and on budget. The commencement of production at the new mines will represent the next phase of growth for the Company with the aim to establish IMPACT as a multi-million ounce silver producer." More
- 08/22/12 | Item


Yamana Gold Provides Update on Exploration at Chapada - "YAMANA GOLD INC. (YRI.TO)(AUY)(YAU.L) ("Yamana" or the "Company") today announced further results from the 2012 exploration program at Corpo Sul, the newly discovered mineralized zone located directly adjacent to the main pit at Chapada, Brazil, one of the Company's flagship operations. To date, 20,000 metres of diamond drilling has been completed out of a total planned program of 27,000 metres." More
- 08/22/12 | Item


SilverCrest Announces Trading on NYSE MKT to Commence August 27, 2012 - "SilverCrest Mines Inc. (SVL.V)(STVZF) ("SilverCrest" or the "Company") is pleased to announce that its common shares have been authorized for listing on the NYSE MKT in New York. The shares will begin trading on the NYSE MKT on August 27, 2012 under the trading symbol "SVLC". The Company's common shares will continue to be listed on the TSX Venture Exchange under the trading symbol "SVL"." More
- 08/22/12 | Item


Yamana Gold Completes Acquisition of Extorre Gold - "YAMANA GOLD INC. (YRI.TO)(AUY)(YAU.L) ("Yamana" or "the Company") today announced the completion of the Company's previously announced agreement to acquire all issued and outstanding shares of Extorre Gold Mines Limited ("Extorre"). Shareholders of Extorre voted overwhelmingly in favour of the transaction at the special meeting of shareholders held on August 15, 2012 and Extorre received final court approval on August 21, 2012. For further detail on the transaction, see the Company's press release dated June 18, 2012." More
- 08/22/12 | Item


Macusani Yellowcake Announces Near-Surface High-Grade Intercept of 5M Averaging 2.671% U3O8 at the Quebrada Blanca Anomaly on the Kihitian Property - More
- 08/22/12 | Item


Hecla Acquires Interest in Dolly Varden Silver Corporation - "Hecla Mining Company (NYSE:HL) announced today that a wholly owned subsidiary of Hecla has entered into a subscription agreement to acquire 20,000,000 common shares of Dolly Varden Silver Corporation. Subject to receipt of approval by the TSX Venture Exchange, the common shares will be issued to the wholly owned subsidiary of Hecla from treasury at a price of $0.16 per common share for total gross proceeds to Dolly Varden of $3,200,000. Upon completion of the transactions contemplated by the subscription agreement, the 20,000,000 common shares will represent and Hecla will exercise control over 19.9% of the outstanding common shares of Dolly Varden." More
- 08/21/12 | Item


First Majestic Silver Corp.: Updated Del Toro NI 43-101 Technical Report & Final Permit Received - "FIRST MAJESTIC SILVER CORP. (FR.TO)(AG)(FMV.F) (the "Company" or "First Majestic") is pleased to announce an updated and restated NI 43-101 Technical Report ("TR") and Pre-Feasibility Study ("PFS") for the Del Toro Silver Mine." More
- 08/21/12 | Item


Paramount Gold and Silver Reports Additional Assays From Infill Drilling of Its San Miguel Project in Mexico - "Paramount Gold and Silver Corp. (PZG)(PZG)(PZG.TO)(P6G.F)(WKN:A0HGKQ) ("Paramount") today reported results from another seven core holes on its 100%-owned San Miguel Project in Mexico. New holes drilled into La Union, San Francisco and Don Ese continue to return excellent gold and silver mineralization, likely increasing the grade and quality of the new resource update which will shortly be reported for these three main areas of the San Miguel Project." More
- 08/21/12 | Item


Great Panther Purchases Surface Rights for San Ignacio Project - "GREAT PANTHER SILVER LIMITED (GPR.TO)(GPL)(GPL) "the Company") today announced it has signed a definitive agreement for the purchase of a 100% interest in certain surface rights on its wholly-owned San Ignacio Project ("San Ignacio") in Guanajuato, Mexico. The surface rights agreement was signed on August 17, 2012 and the title transfer is expected to be completed within two weeks." More
- 08/21/12 | Item


Gold Resource Corporation to Offer Eligible Employees Opportunity to Receive New Stock Options - "Gold Resource Corporation (NYSE MKT: GORO) (the "Company") announced that it is extending to certain of its employees an opportunity to cancel the employee's outstanding unexercised stock options and receive an equal number of replacement options to purchase the Company's common stock at a lower exercise price and subject to a new three-year vesting period. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has declared over $56 million to shareholders in monthly dividends since declaring commercial production July 1, 2010 and may be the only Company offering shareholders the option to convert their cash dividends into physical gold or silver." More
- 08/21/12 | Item


International Tower Hill Reports New High-Grade Gold Intercepts Surrounding Main Deposit at Livengood Gold Project, Alaska - "International Tower Hill Mines Ltd. (ITH.TO)(THM)(THM)(Frankfurt:IW9) ("ITH" or the "Company") announces drill results for 45 geotechnical and condemnation drill holes in the Livengood project area (Figure 1). Assay results from four of these drill holes returned multi-gram gold intersections well outboard of the main deposit, indicating the Livengood district scale gold system has significant exploration potential (Table 1). The locations of these new gold intercepts do not impact the current conceptual plan for the locations of mining-related infrastructure contemplated in the ongoing feasibility work but they do highlight the potential for new discoveries on the Company's large 170 km2 land package." More
- 08/21/12 | Item


Eurasian Minerals Receives Final Approval of Merger From the TSX Venture Exchange - "Eurasian Minerals Inc. ("EMX" or the "Company") (EMX.V)(EMXX)(EMXX) is pleased to announce that on August 20, 2012, the TSX Venture Exchange granted its final approval with respect to the Company's previously announced merger (the "Merger") with Bullion Monarch Mining, Inc. ("Bullion" or "BULM"). As a result of the Merger, BULM has become a wholly-owned subsidiary of EMX. The Merger was effective on Friday, August 17, 2012." More
- 08/21/12 | Item


Workers strike at Areva's Somair uranium mine in Niger-Union - More
- 08/21/12 | Item


AREVA wins a major contract to supply enriched uranium - More
- 08/21/12 | Item


Endeavour Silver Appoints New Director to the Board and New Manager of Corporate Communications - "Mr. Pickering, P.Eng. is a professional engineer and mining executive with more than 35 years of experience working in the natural resource sector in Canada, Chile, Australia, Peru, and the USA. Ken has held executive positions in major mining operations, responsible for country management as well as the development of world class mining projects. Most recently, Mr. Pickering was Vice President, Major Projects (Closed Mines and North American Assets) for BHP Billiton Base Metals from 2004 to 2010." More
- 08/20/12 | Item


Silvercorp Reports Intercept of 4.55 Metres Grading 2,196 Grams per Tonne Silver, 13.63% Lead and 1.38% Zinc at the LM Mine - "Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO)(SVM) is pleased to report the results of its on-going underground diamond drilling program for the first six months of 2012 at the LM Mine and the LM Mine West ("LM West"), Ying Mining District, Henan Province, China. The 22,999 metre ("m") drilling program has substantially extended the downdip and striking extensions of previously defined mineralization zones within some major vein structures. A number of blind parallel mineralized vein structures were discovered in association with major known veins. It is expected that these results will further expand the mineral resource as set out in the National Instrument ("NI") 43-101 Technical Report dated May 1, 2012 for the Ying Mining District." More
- 08/20/12 | Item


Aurcana Reports Record Results for Q2, 2012 - "The Company had earnings from La Negra mining operations of $5.5 million for the quarter ended June 30, 2012 (2011: $5.3 million); income before taxes of $2.0 million (2011: $1.7 million); a net income of $1.4 million (2011: $1.6 million). For the six months ended June 30, 2012 the Company had earnings from mining operations to $11.0 million (2011: $10.7 million); income before taxes to $4.6 million (2011: $3.3); a net income of $3.4 million (2011: $2.3 million)." More
- 08/20/12 | Item


Aurcana Reports Record Results for Q2, 2012 - "The Company had earnings from La Negra mining operations of $5.5 million for the quarter ended June 30, 2012 (2011: $5.3 million); income before taxes of $2.0 million (2011: $1.7 million); a net income of $1.4 million (2011: $1.6 million). For the six months ended June 30, 2012 the Company had earnings from mining operations to $11.0 million (2011: $10.7 million); income before taxes to $4.6 million (2011: $3.3); a net income of $3.4 million (2011: $2.3 million)." More
- 08/20/12 | Item


Fission Hits More "Off-Scale" Radioactivity as J Zone Continues to Grow - More
- 08/20/12 | Item


Eurasian Minerals Completes Merger With Bullion Monarch - "Eurasian Minerals Inc. (EMX.V)(EMXX)(EMXX) ("EMX" or the "Company") is pleased to announce that on August 17, 2012, it closed the previously announced merger (the "Merger") with Bullion Monarch Mining, Inc. ("Bullion" or "BULM"), and as a result, BULM has become a wholly-owned subsidiary of EMX. The Merger was effective on Friday, August 17, 2012 following approval by BULM's shareholders at a special meeting held on the same day." More
- 08/20/12 | Item


Franco-Nevada and Inmet Agree to a $1 Billion Precious Metals Stream Financing for the Cobre Panama Project - "Franco-Nevada Corporation (TSX: FNV, NYSE: FNV) and Inmet Mining Corporation (IMN.TO) today announced that their subsidiaries have agreed to terms for a precious metals stream on the Cobre Panama copper project in Panama, one of the world's largest copper-gold-silver-molybdenum porphyry deposits currently being constructed. Inmet owns 80% and Korea Panama Mining Corp. (KPMC) owns 20% of Minera Panama, S.A. (MPSA), owner and developer of the Cobre Panama project. The transaction has received requisite Board approvals and KPMC's consent and is subject only to completion of certain filings and registrations with closing expected shortly." More
- 08/20/12 | Item


Workers at South African mine trickle back to work after 44 killed - "A quarter of the workforce returned on Monday to South Africa's Marikana platinum mine, resuming operations at the sprawling site where police shot dead 34 striking miners in clashes that evoked memories of apartheid-era violence." More
- 08/20/12 | Item


Silvercorp Responds to New York Court Decision by Filing Appeal - "Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO)(SVM) reports that Supreme Court Justice Carol Edmead of the New York County Supreme Court yesterday granted motions to dismiss the defamation case Silvercorp filed last fall against short sellers and others responsible for publications falsely attacking Silvercorp." More
- 08/17/12 | Item


Tanzanian Royalty Reports New Drilling Results from the Buckreef Project Continue to Intersect Wider Mineralization Zone At Depth with 15.0 Metres @ 5.45g/t Au - Tanzanian Royalty Exploration Corporation is pleased to announce that new assay results from its ongoing deep diamond drill program at the Buckreef Gold Project in Tanzania have been received, confirming continuity of the wide, higher-grade gold mineralization." More
- 08/17/12 | Item


Canada approves Midwest uranium mine - More
- 08/17/12 | Item


AREVA Signs Integrated Enriched Uranium Supply Contract with ENEC - More
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Lonmin Mine Death Toll Reaches 34 as Police Kill Strikers - "South African police killed 34 striking workers at Lonmin Plc (LMI)’s Marikana platinum-mining complex yesterday, the worst death toll in police action since the end of apartheid in 1994.

At least 78 people were injured in the clashes, Police Commissioner Riah Phiyega told reporters in Marikana in North West province today." More
- 08/17/12 | Item


Lake Shore Gold Corp. Announces an Increase to the Previously Announced Offering of Convertible Senior Unsecured Debentures to C$90 Million - "Lake Shore Gold Corp. ("Lake Shore" or the "Company")(LSG.TO)(LSG)(LSG) announced that it has increased the size of its previously announced public offering, on a "bought deal" basis, to C$90 million principal amount of convertible senior unsecured debentures, at a price of C$1,000 per debenture, with an interest rate of 6.25% per annum, payable semi-annually on the last day of March and September commencing on March 31, 2013 (the "Debentures"). The Debentures will mature on September 30, 2017. The transaction was upsized from the original amount of C$75 million." More
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Ur-Energy Receives the Lost Creek Final Environmental Impact Statement from BLM - More
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Kinross Announces US$1.0 Billion Term Loan, Increases Unsecured Revolving Credit Facility to US$1.5 Billion - "Kinross Gold Corporation (K.TO)(KGC) announced today that it has arranged a new US$1.0 billion term loan. The three-year term loan will mature on August 10, 2015, and has no mandatory amortization payments." More
- 08/17/12 | Item


Lake Shore Gold Corp. Announces C$75 Million Convertible Senior Unsecured Debentures Bought Deal - "Lake Shore Gold Corp. ("Lake Shore" or the "Company") (LSG.TO)(LSG)(LSG) announced today a public offering, on a "bought deal" basis, of C$75 million principal amount of convertible senior unsecured debentures, at a price of C$1,000 per debenture, with an interest rate of 6.25% per annum, payable semi-annually on the last day of March and September commencing on March 31, 2013 (the "Debentures"). The Debentures will mature on September 30, 2017." More
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Mine "bloodbath" shocks post-apartheid South Africa - "The police killing of 34 striking platinum miners in the bloodiest security operation since the end of white rule cut to the quick of South Africa's psyche on Friday, with searching questions asked of its post-apartheid soul." More
- 08/17/12 | Item


Bear Creek provides Corani project and exploration update, Peru - "Bear Creek Mining (TSX Venture: BCM / BVL: BCM) ("Bear Creek" or the "Company") is pleased to provide an update on its development and exploration programs in Peru. The Company maintains an aggressive generative exploration program while steadily advancing the development of the Corani silver-lead-zinc mine. A negotiated settlement remains the focus of the Santa Ana silver project and the Company remains hopeful that a resolution will be reached with the government which will place this important investment for Peru back on the development track." More
- 08/16/12 | Item


Denison Mines Corp. Announces Approval of Midwest Joint Venture Environmental Assessment - More
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Mines Management Reports 2012 Second Quarter Results - "Mines Management, Inc. (NYSE-Amex: "MGN", TSX: "MGT") (the "Company") is pleased to announce financial and operating results for the second quarter of 2012." More
- 08/16/12 | Item


Mines Management Reports 2012 Second Quarter Results - "Mines Management, Inc. (NYSE-Amex: "MGN", TSX: "MGT") (the "Company") is pleased to announce financial and operating results for the second quarter of 2012." More
- 08/16/12 | Item


Midway Reports Strong Progress at the Pan Gold Project, Nevada - “We continue to make excellent progress in the development of Pan which will be our first producing gold mine. We have completed key milestones in our permitting process and selected high-quality engineering firms with significant experience in the construction of gold mines in Nevada. Midway’s in-house engineers continue to optimize the mine plan and find ways to reduce capital and operating costs. I am very pleased with the progress being made on multiple fronts to advance Pan toward commercial production.” More
- 08/16/12 | Item


First Majestic Recognized as a Leader in Corporate Social Responsibility - "FIRST MAJESTIC SILVER CORP. (FR.TO)(AG)(FMV.F) (the "Company" or "First Majestic") is pleased to announce that the Company has been recognized with three awards reflecting the Company's continuous efforts with respect to our corporate citizenship practices as a socially responsible company." More
- 08/16/12 | Item


International Tower Hill Mines Appoints Tom Irwin Vice President, Alaska and Karl Hanneman as Alaska General Manager - "International Tower Hill Mines Ltd. ("ITH" or the "Company") - (ITH.TO)(THM)(THM)(FRANKFURT:IW9) announces that Thomas E. Irwin has been promoted to the positions of ITH Vice President, Alaska, and President, Tower Hill Mines, Inc., the U.S. operating subsidiary. Effective immediately, Mr. Irwin will assume responsibility for management of all Alaska activities of the subsidiary for the Livengood Gold Project. Most recently the Alaska General Manager for the Livengood Gold Project, Mr. Irwin has over 35 years' experience in the natural resource industry constructing, optimizing, operating and permitting major mining projects in Alaska, Nevada and Colorado with companies such as Amax Gold Inc. and Kinross Gold Corporation. He also served for six years as Commissioner of the Alaska Department of Natural Resources." More
- 08/16/12 | Item


Statement in Relation to African Barrick Gold plc - "ABG is subject to the UK City Code on Takeovers and Mergers (the "Code") and in accordance with its obligations under the Code, Barrick confirms that it is in preliminary discussions with China National Gold Group Corporation ("China Gold") regarding its holding in ABG." More
- 08/16/12 | Item


Extorre Shareholders Approve Plan of Arrangement - "Extorre Gold Mines Limited (XG)(XG)(XG.TO)(E1R.F) ("Extorre" or the "Company") is pleased to announce that at the special meeting held today Extorre's shareholders (the "Shareholders") overwhelmingly approved the previously announced plan of arrangement (the "Arrangement") with Yamana Gold Inc. ("Yamana")." More
- 08/15/12 | Item


Silvercorp Reports Resource Update for Its BYP Mine in Hunan Province, China - "The BYP 2012 Technical Report estimates that Indicated Resources (gold zones plus lead-zinc zones) total 10.84 million tonnes averaging 2.59 grams per tonne ("g/t") gold, 1.16% lead and 2.52% zinc, and contain 292,000 ounces of gold, 187 million pounds of lead and 408 million pounds of zinc. Estimated Inferred Resources (gold zones plus lead-zinc zones) total 10.02 million tonnes averaging 1.84 g/t gold, 0.85% lead and 2.75% zinc, and contain 146,000 ounces of gold, 141 million pounds of lead and 457 million pounds of zinc." More
- 08/15/12 | Item


Denison Mines Corp. Announces Appointment of Steve Blower as Vice President, Exploration - More
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International Tower Hill Files 2012 Second Quarter Financial Results - "International Tower Hill Mines Ltd. ("ITH" or the "Company") (ITH.TO)(THM)(THM)(FRANKFURT:IW9) has filed its unaudited second quarter financial statements and associated management discussion and analysis for the six-month period ended June 30, 2012 on August 14, 2012. These documents will be available for viewing on SEDAR and EDGAR and on the Company's website on Wednesday, August 15, 2012." More
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Energy Fuels Completes First Uranium Sales - More
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Forsys Appoints Martin Hirsch as Chief Geologist - More
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Great Basin Gold Announces Results to June 30, 2012 - "Great Basin Gold Limited ("Great Basin Gold" or the "Company"), (TSX: GBG; NYSE MKT: GBG; JSE: GBG) reports unaudited results for the three and six months ended June 30, 2012 and other material corporate developments." More
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Great Basin Gold Announces Results to June 30, 2012 - "Great Basin Gold Limited ("Great Basin Gold" or the "Company"), (TSX: GBG; NYSE MKT: GBG; JSE: GBG) reports unaudited results for the three and six months ended June 30, 2012 and other material corporate developments." More
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MAG Silver Announces Underground Development Program Approved at Juanicipio - "MAG Silver Corp. (MAG.TO)(MVG)(MVG) ("MAG") is pleased to announce that the board of directors of Minera Juanicipio S.A. de C.V., (owned 44% by MAG / 56% by Fresnillo plc), has approved a mine permitting and underground development budget of US$25 million. The 18 month (2012 -2013) budget includes the first 2,500 metres of underground development. The Joint Venture has begun the permitting process and anticipates receipt of all necessary permits by the end of 2012. The underground decline ground breaking is expected in early January 2013 (Q1) pending receipt of all permits." More
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Allied Nevada Receives Positive Record of Decision for the Hycroft Heap Leach Expansion Environmental Impact Statement - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (ANV.TO)(ANV)(ANV) is pleased to announce that it received a positive record of decision from the United States Bureau of Land Management ("BLM") authorizing the amended Plan of Operations for the heap leach expansion at its wholly owned Hycroft mine located near Winnemucca, NV. This approval, which allows for expanded mining areas, construction and operation of the large north and south leach pads and associated infrastructure, will more than support the current life of mine heap leach reserve. Construction of the north and south leach pads will add more than 25 million square feet of leach pad space to the current leach pad capacity." More
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Pan American Silver Provides Update On Successful 2012 Exploration Program - "Pan American Silver Corp. (PAAS:NASDAQ) (PAA:TSX), (the "Company", or "Pan American") is pleased to report drill results from this year's ongoing exploration programs at the La Colorada mine in Zacatecas, Mexico and one of its development projects, the Waterloo silver project in San Bernardino County, California." More
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SilverCrest Reports Q2, 2012 Financial Results - "We had a strong second quarter of 2012. We sold 637,050 silver equivalent ounces (2), for gross revenues of $16.0 million, with an average cash operating cost of $6.94 per silver equivalent ounce. The Santa Elena low cost, open pit heap leach mine operations continue to perform well and generated cash flows of $7.2 million which will contribute to the financing of the Santa Elena Expansion plan and the development of our major polymetallic La Joya Project. Q2, 2012, production was consistent with our budget and cash operating costs were below our budget of $8.20 per silver equivalent ounce. As a result, we are confident in meeting or exceeding our 2012 production guidance of 435,000 silver ounces and 33,000 gold ounces." More
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SilverCrest Reports Q2, 2012 Financial Results - "We had a strong second quarter of 2012. We sold 637,050 silver equivalent ounces (2), for gross revenues of $16.0 million, with an average cash operating cost of $6.94 per silver equivalent ounce. The Santa Elena low cost, open pit heap leach mine operations continue to perform well and generated cash flows of $7.2 million which will contribute to the financing of the Santa Elena Expansion plan and the development of our major polymetallic La Joya Project. Q2, 2012, production was consistent with our budget and cash operating costs were below our budget of $8.20 per silver equivalent ounce. As a result, we are confident in meeting or exceeding our 2012 production guidance of 435,000 silver ounces and 33,000 gold ounces." More
- 08/15/12 | Item


Aurizon Announces the Completion of the Marban Block Phase Two Drilling; New Zone Discovered Returns 19.21 Grams of Gold Per Tonne Over 5.6 Metres - "Aurizon Mines Ltd. (ARZ.TO)(AZK)(AZK) is pleased to report that the Phase Two exploration program on NioGold's Marban Block property, located in the Malartic gold camp of Quebec's Abitibi region, is now complete. The results from the final 31 drill holes conclude a successful program which identified a new high grade zone approximately 500 metres north of the Marban deposit and 350 metres south of the Norlartic deposit." More
- 08/15/12 | Item


Paladin Energy Ltd-Long Term Off-Take Contract With a US$200M Prepayment - More
- 08/15/12 | Item


Paladin shares soar on uranium deal - More
- 08/15/12 | Item


Uranium One CEO Discusses Q2 2012 Results - Earnings Call Transcript - More
- 08/15/12 | Item


Uranium One Up More Than 6% On Q2 - More
- 08/15/12 | Item


Crosshair finds uranium trend at Juniper Ridge - More
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Pan American Silver Increases Quarterly Dividend By 33% and Declares Third Dividend of 2012 - "Pan American Silver Corp. (PAAS: NASDAQ; PAA: TSX) ("Pan American" or the "Company") today announced that the Company's Board of Directors has approved the third quarterly cash dividend of 2012 and has increased the dividend by 33% to $0.05 per common share. For shareholders, this would represent an increase from $0.15 to $0.20 per common share on an annualized basis, assuming the Board of Directors (the "Board") approves future quarterly dividends in this amount." More
- 08/14/12 | Item


Pan American Silver increases silver production by 14% and reports record quarterly gold production - "We had a very solid production quarter and as expected, after our acquisition and integration of the Dolores mine, we set a new quarterly record for gold production and achieved the-second highest silver production in our history. At mid-year, we are right on track to achieve the production and cash cost goals we set for 2012." Burns continued; "Our operating earnings remain healthy in spite of a 23% decline in the realized silver price year-on-year, as we significantly strengthened our mining portfolio with the addition of the low-cost Dolores mine and the sale of Quiruvilca. As always, we intend to continue to concentrate on optimizing our assets, led by our work at Dolores. With our Navidad project temporarily sidelined, we will be evaluating opportunities to organically grow our production more aggressively, for example a Dolores mill potential, further resource expansions at La Colorada and our re-activated Waterloo silver project. Finally, we will use our financial strength and sector-knowledge to look for new development projects." More
- 08/14/12 | Item


Pan American Silver increases silver production by 14% and reports record quarterly gold production - "We had a very solid production quarter and as expected, after our acquisition and integration of the Dolores mine, we set a new quarterly record for gold production and achieved the-second highest silver production in our history. At mid-year, we are right on track to achieve the production and cash cost goals we set for 2012." Burns continued; "Our operating earnings remain healthy in spite of a 23% decline in the realized silver price year-on-year, as we significantly strengthened our mining portfolio with the addition of the low-cost Dolores mine and the sale of Quiruvilca. As always, we intend to continue to concentrate on optimizing our assets, led by our work at Dolores. With our Navidad project temporarily sidelined, we will be evaluating opportunities to organically grow our production more aggressively, for example a Dolores mill potential, further resource expansions at La Colorada and our re-activated Waterloo silver project. Finally, we will use our financial strength and sector-knowledge to look for new development projects." More
- 08/14/12 | Item


MAG Silver Reports Second Quarter Financial Results - "As at June 30, 2012, the Company had working capital of $13,039,336, including cash on hand of $14,653,919. In addition, subsequent to June 30, 2012, the Company issued 537,600 common shares pursuant to the exercise of stock options between C$5.32 and C$8.80 per share for aggregate proceeds of C$3,621,042. The primary use of cash during the three and six months ended June 30, 2012 was for exploration and evaluation expenditures totaling $3,645,046 and $5,790,815 respectively (June 30, 2011: $2,250,889 and $4,317,338 respectively), and the Company also expended on its own account and through advances to Minera Juanicipio S.A. de C.V. ("Minera Juanicipio") $1,250,982 and $2,378,138 respectively (June 30, 2011: $839,238 and $1,000,013 respectively) on the Juanicipio property." More
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MAG Silver Reports Second Quarter Financial Results - "As at June 30, 2012, the Company had working capital of $13,039,336, including cash on hand of $14,653,919. In addition, subsequent to June 30, 2012, the Company issued 537,600 common shares pursuant to the exercise of stock options between C$5.32 and C$8.80 per share for aggregate proceeds of C$3,621,042. The primary use of cash during the three and six months ended June 30, 2012 was for exploration and evaluation expenditures totaling $3,645,046 and $5,790,815 respectively (June 30, 2011: $2,250,889 and $4,317,338 respectively), and the Company also expended on its own account and through advances to Minera Juanicipio S.A. de C.V. ("Minera Juanicipio") $1,250,982 and $2,378,138 respectively (June 30, 2011: $839,238 and $1,000,013 respectively) on the Juanicipio property." More
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Seabridge Gold Files Second Quarter 2012 Financial Statements and MD&A - "During the three month period ended June 30, 2012 Seabridge posted a net loss of $2.3 million ($0.05 per share) compared to a loss of $7.3 million ($0.18 per share) for the same period last year. During the 2nd quarter, Seabridge invested $12.2 million in mineral interests, primarily at KSM and Courageous Lake, compared to $9.7 million during the same period last year. At June 30, 2012, net working capital was $39.3 million compared to $57 million at December 31, 2011." More
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Seabridge Gold Files Second Quarter 2012 Financial Statements and MD&A - "During the three month period ended June 30, 2012 Seabridge posted a net loss of $2.3 million ($0.05 per share) compared to a loss of $7.3 million ($0.18 per share) for the same period last year. During the 2nd quarter, Seabridge invested $12.2 million in mineral interests, primarily at KSM and Courageous Lake, compared to $9.7 million during the same period last year. At June 30, 2012, net working capital was $39.3 million compared to $57 million at December 31, 2011." More
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Entree Gold Reports on Second Quarter 2012 - Yahoo! Finance - "Both of our senior projects are advancing rapidly. During the second quarter, Rio Tinto confirmed its funding for Phase 1 and Phase 2 construction of the Oyu Tolgoi mining complex. Ivanhoe Mines, now known as Turquoise Hill Resources, successfully closed a $1.8 billion rights offering in July, which is a key component of the funding commitments. Phase 2 includes the development plan for Lift 1 of the Entree - Oyu Tolgoi LLC Hugo North Extension deposit. In addition, Rio Tinto has provided a bridge loan to ensure uninterrupted progress of development and has committed to fully support a project finance package of US$3-4 billion. In Nevada, recent metallurgical results yielded excellent copper recoveries for both the Ann Mason sulphide deposit and the Blue Hill oxide target. These results will be considered as part of the Preliminary Economic Assessment expected within the second half of 2012." More
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Entree Gold Reports on Second Quarter 2012 - "Both of our senior projects are advancing rapidly. During the second quarter, Rio Tinto confirmed its funding for Phase 1 and Phase 2 construction of the Oyu Tolgoi mining complex. Ivanhoe Mines, now known as Turquoise Hill Resources, successfully closed a $1.8 billion rights offering in July, which is a key component of the funding commitments. Phase 2 includes the development plan for Lift 1 of the Entree - Oyu Tolgoi LLC Hugo North Extension deposit. In addition, Rio Tinto has provided a bridge loan to ensure uninterrupted progress of development and has committed to fully support a project finance package of US$3-4 billion. In Nevada, recent metallurgical results yielded excellent copper recoveries for both the Ann Mason sulphide deposit and the Blue Hill oxide target. These results will be considered as part of the Preliminary Economic Assessment expected within the second half of 2012." More
- 08/14/12 | Item


Mega Uranium Ltd. Releases Unaudited Results for the Three and Nine Months Ended June 30, 2012 - More
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Goldcorp announces first gold production at Pueblo Viejo - "GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to announce today that the Pueblo Viejo mine in the Dominican Republic has achieved first gold production, with ore now being processed through the first two of four autoclaves. The Pueblo Viejo mine is a joint venture between Goldcorp Inc. ("Goldcorp") and Barrick Gold Corporation ("Barrick"), where Goldcorp is a 40% partner and Barrick is the 60% partner and the mine operator." More
- 08/14/12 | Item


Pretium Resources Inc.: 3,874 Grams Per Tonne Gold Intersection Extends Valley of the Kings West of the Brucejack Fault - "Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm") is pleased to report that step-out drilling has extended the zone of high-grade gold mineralization in the Valley of the Kings to the west of the Brucejack Fault by over 60 meters." More
- 08/14/12 | Item


Strateco's President to Buy Shares in the Open Market - More
- 08/14/12 | Item


Coeur Provides Update on Nevada Unpatented Mining Claims Dispute - "Coeur d’Alene Mines Corporation (CDE) (CDM.TO) today provided an update on recent activities related to a legal dispute between its subsidiary, Coeur Rochester, Inc. and Rye Patch Gold US Inc. and its publicly-traded Canadian parent corporation, Rye Patch Gold Corp. The legal dispute stems from competing asserted interests in certain unpatented mining claims covering federal lands near Coeur’s Rochester mining operations following Coeur Rochester’s inadvertent failure to pay 2011 annual mining claim maintenance fees." More
- 08/14/12 | Item


Comstock Mining Announces Second Quarter 2012 Results - "Net loss for Q2 2012 was $9.0 million, as compared to $4.7 million for Q2 2011. The increase of $4.3 million resulting primarily from a $3.8 million increase in operating expenses." More
- 08/14/12 | Item


Comstock Mining Announces Second Quarter 2012 Results - "The Company completed construction of its Lucerne Mine, crushing facility, expanded heap leach pads and Merrill Crowe processing facility, and related infrastructure and commenced mining on the Comstock, becoming Nevada's Newest Gold and Silver Miner!" More
- 08/14/12 | Item


First Majestic Reports Second Quarter Financial Results - "As usual, First Majestic is working on multiple fronts to improve the business. During this past quarter, we successfully added a third ball mill at the La Encantada mill allowing for mine ore production to reach 1,800 tpd, which as expected, is resulting in improved recoveries. At La Parrilla, the new processing mill reached name plate capacity in the quarter averaging 2,040 tpd and continues to operate as expected. Furthermore, La Parrilla has been deemed as the Company's blueprint model for all future personnel training programs and activities. At Del Toro, mill construction and underground development to access the third ore body at San Juan remains a key focus ahead of initial production scheduled in the fourth quarter. And lastly, the addition of the La Guitarra Silver Mine to our portfolio brings another area of focus. In addition to immediate production, this very large and exciting land package will keep us busy for many years to come." More
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First Majestic Reports Second Quarter Financial Results - "As usual, First Majestic is working on multiple fronts to improve the business. During this past quarter, we successfully added a third ball mill at the La Encantada mill allowing for mine ore production to reach 1,800 tpd, which as expected, is resulting in improved recoveries. At La Parrilla, the new processing mill reached name plate capacity in the quarter averaging 2,040 tpd and continues to operate as expected. Furthermore, La Parrilla has been deemed as the Company's blueprint model for all future personnel training programs and activities. At Del Toro, mill construction and underground development to access the third ore body at San Juan remains a key focus ahead of initial production scheduled in the fourth quarter. And lastly, the addition of the La Guitarra Silver Mine to our portfolio brings another area of focus. In addition to immediate production, this very large and exciting land package will keep us busy for many years to come." More
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Timmins Gold Reports Profit From Operations of $13.6 Million for Q2 2012 - "Q2 was a strong quarter operationally as demonstrated by increased profit from operations," stated Mr. Bruce Bragagnolo, CEO of Timmins Gold Corp. "During the quarter we began implementing a comprehensive cost reduction program, the results of which should be seen in the upcoming quarters. We continue with our expansion program and have installed and tested a larger capacity tertiary crusher and screen. The installation of a pre-screening system to increase capacity from the San Francisco crushing circuit by between 6,000 to 8,000 tpd is on schedule with over 80% of the equipment on site. The Company continues to fund all of its operations, expansion and drilling from existing cash flows. The Company believes it is well positioned to continue realizing current gold prices, generating strong margins and increased cash flow from operations." More
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Timmins Gold Reports Profit From Operations of $13.6 Million for Q2 2012 - "Q2 was a strong quarter operationally as demonstrated by increased profit from operations," stated Mr. Bruce Bragagnolo, CEO of Timmins Gold Corp. "During the quarter we began implementing a comprehensive cost reduction program, the results of which should be seen in the upcoming quarters. We continue with our expansion program and have installed and tested a larger capacity tertiary crusher and screen. The installation of a pre-screening system to increase capacity from the San Francisco crushing circuit by between 6,000 to 8,000 tpd is on schedule with over 80% of the equipment on site. The Company continues to fund all of its operations, expansion and drilling from existing cash flows. The Company believes it is well positioned to continue realizing current gold prices, generating strong margins and increased cash flow from operations." More
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Pretium Resources Inc.: 3,874 Grams Per Tonne Gold Intersection Extends Valley of the Kings West of the Brucejack Fault - "Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm") is pleased to report that step-out drilling has extended the zone of high-grade gold mineralization in the Valley of the Kings to the west of the Brucejack Fault by over 60 meters." More
- 08/14/12 | Item


Uranium One profit falls on lower uranium price - More
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Great Panther Silver Reports Second Quarter 2012 Financial Results - "While we are pleased with our revenue growth, gross profit was significantly impacted by lower silver prices and an increase in depreciation charges due to the substantial investments made in our mines, plant and equipment over the last year," stated Robert Archer, CEO. "Looking ahead, there are a number of positive operational developments that we anticipate will contribute to Great Panther's growth in production in the second half of 2012." More
- 08/13/12 | Item


Great Panther Silver Reports Second Quarter 2012 Financial Results - "While we are pleased with our revenue growth, gross profit was significantly impacted by lower silver prices and an increase in depreciation charges due to the substantial investments made in our mines, plant and equipment over the last year," stated Robert Archer, CEO. "Looking ahead, there are a number of positive operational developments that we anticipate will contribute to Great Panther's growth in production in the second half of 2012." More
- 08/13/12 | Item


Nine killed in S.Africa mine union violence - "Nine people including two policemen have been killed in clashes between labour unions at a South African mine operated by world no. 3 platinum producer Lonmin, by far the deadliest spate of violence in a turf war rocking the sector." More
- 08/13/12 | Item


Royal Gold Announces Completion of Additional Gold Stream Interest at Mt. Milligan - "Royal Gold, Inc. (RGLD)(RGL.TO) today announced the closing of the acquisition, through its wholly-owned subsidiary RGLD Gold AG, of an additional 12.25% of the payable gold produced from the Mt. Milligan copper-gold project, located in British Columbia, from a subsidiary of Thompson Creek Metals Company, Inc. (“Thompson Creek”) (NYSE:TC; TSX:TCM). Consideration for the new transaction was $200 million and cash payments equal to the lesser of $435 or the prevailing market price for each payable ounce of gold delivered to Royal Gold (the “Delivery Payments”)." More
- 08/13/12 | Item


Claude Resources Inc. Records Net Profit of $0.7 Million in Second Quarter of 2012 - "During the second quarter the Seabee Mine had a small shortfall in production. Production and cost control will be the continued focus for the remainder of 2012. We are determined to improve on operating efficiencies and have recently engaged consultants to identify and provide processes and procedures to execute on this goal. We continued to stay on budget and on schedule on all of our capital projects. Following the exploration success we had in 2011, the Santoy Gap continues to demonstrate how impressive and important it is to the future of the Seabee Operation. From discovery to production, the L62 Zone has been developed quickly and is expected to begin delivering production ore to the mill beginning in the fourth quarter." More
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Claude Resources Inc. Records Net Profit of $0.7 Million in Second Quarter of 2012 - "During the second quarter the Seabee Mine had a small shortfall in production. Production and cost control will be the continued focus for the remainder of 2012. We are determined to improve on operating efficiencies and have recently engaged consultants to identify and provide processes and procedures to execute on this goal. We continued to stay on budget and on schedule on all of our capital projects. Following the exploration success we had in 2011, the Santoy Gap continues to demonstrate how impressive and important it is to the future of the Seabee Operation. From discovery to production, the L62 Zone has been developed quickly and is expected to begin delivering production ore to the mill beginning in the fourth quarter." More
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Midway Reports Additional Long and High Grade Gold Intercepts at Spring Valley, Nevada - "Midway Gold Corp. ("Midway" or the "Company") (MDW:TSX-V; MDW:NYSE-MKT) announces continuing progress by Barrick Gold Exploration Inc. ("Barrick"), which is earning into Midway's Spring Valley Project, Nevada. Second quarter drill results calculated by Midway from data provided by Barrick are shown in Table 1. Multiple holes have long intercepts with good grades which include shorter sections with higher grades." More
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AuRico Reports Second Quarter Financial Results - "During the quarter, we have continued to deliver on our strategic plan, advancing the Young-Davidson mine towards commercial production, aggressively addressing the Ocampo underground ore inventory and streamlining our asset base through the divestiture of the high-cost, non-core operations." said René Marion, Chief Executive Officer. He continued, "Our exclusive focus is now on our three North American-based low-cost, producing assets and on achieving commercial production at Young-Davidson at the end of the month." More
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AuRico Reports Second Quarter Financial Results - "During the quarter, we have continued to deliver on our strategic plan, advancing the Young-Davidson mine towards commercial production, aggressively addressing the Ocampo underground ore inventory and streamlining our asset base through the divestiture of the high-cost, non-core operations." said René Marion, Chief Executive Officer. He continued, "Our exclusive focus is now on our three North American-based low-cost, producing assets and on achieving commercial production at Young-Davidson at the end of the month." More
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Newcrest says plans to spend A$5 billion to raise gold output - "Australia's Newcrest Mining Ltd (NCM.AX), the world's No.3 gold miner, said on Monday that it expects to spend about A$5 billion ($5.28 billion) over the next five years to lift output by 1 million ounces." More
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U.S. Silver Reports Q2 Results - "U.S. Silver Corporation (TSX:USA, OTCQX:USSIF, Frankfurt:QE2) (“U.S. Silver” or the “Company”) today reported a second quarter loss of $2.3 million, first-half earnings of $0.5 million and cash from operating activities of $2.4 million for the six months ended June 30, 2012." More
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U.S. Silver Reports Q2 Results - "U.S. Silver Corporation (TSX:USA, OTCQX:USSIF, Frankfurt:QE2) (“U.S. Silver” or the “Company”) today reported a second quarter loss of $2.3 million, first-half earnings of $0.5 million and cash from operating activities of $2.4 million for the six months ended June 30, 2012." More
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Brigus Gold Reports Q2 Financial Results - “We are pleased with our results for the first half of the year,” said Wade Dawe, President and CEO of Brigus. “We met our second consecutive production target, underground grades are meeting expectations and cash costs are lower than projected. We are focused on completing development of the underground mine and optimizing production at Black Fox. I am confident that we will continue on this path as operations at Black Fox strengthen through the year.” More
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Brigus Gold Reports Q2 Financial Results - “We are pleased with our results for the first half of the year,” said Wade Dawe, President and CEO of Brigus. “We met our second consecutive production target, underground grades are meeting expectations and cash costs are lower than projected. We are focused on completing development of the underground mine and optimizing production at Black Fox. I am confident that we will continue on this path as operations at Black Fox strengthen through the year.” More
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Excellon Resources Announces Management Changes - "Excellon Resources Inc. (EXN.TO) ("Excellon" or "the Company") today announced the resignation of Mr. Steve Poad, Chief Financial Officer effective immediately. The Board would like to thank Mr. Poad for his contributions to the Company and wish him the best in his future endeavours." More
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Strateco Resources Acknowledges Cree Grand Council's Resolution and Intends to Maintain Dialogue - More
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Gold Resource Corporation Reports Second Quarter 2012 Results; Increases Production by 8% Over Prior Year Quarter - "The second quarter was a challenge as infrastructure requirements slowed the development and stoping of high-grade ore zones at La Arista," stated Gold Resource Corporation's President, Mr. Jason Reid. "This resulted in processing diluted development ore and stoping from available lower grade ore zones. Even with mill production for the quarter below our target, it is still impressive that we were profitable, we paid $9.5 million in dividends to the owners of the Company, and we were still able to put approximately $800,000 in the bank." More
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Gold Resource Corporation Reports Second Quarter 2012 Results; Increases Production by 8% Over Prior Year Quarter - "The second quarter was a challenge as infrastructure requirements slowed the development and stoping of high-grade ore zones at La Arista," stated Gold Resource Corporation's President, Mr. Jason Reid. "This resulted in processing diluted development ore and stoping from available lower grade ore zones. Even with mill production for the quarter below our target, it is still impressive that we were profitable, we paid $9.5 million in dividends to the owners of the Company, and we were still able to put approximately $800,000 in the bank." More
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Silver Wheaton Declares Third 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 third quarterly cash dividend payment for 2012 of US$0.10 per common share. The quarterly dividend will be paid to holders of record of its common shares as of the close of business on August 30, 2012, and will be distributed on or about September 13, 2012." More
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Silver Wheaton Reports Record Quarterly Financial Results Including Operating Cash Flows of Over US$172 Million - "For the second quarter in a row, we achieved record silver sales and revenues, putting us on track for our best year ever," said Randy Smallwood, President and Chief Executive Officer of Silver Wheaton. "Production from most of our assets was very solid, with Zinkgruvan once again delivering a strong quarter and with sales of concentrate produced but not yet delivered from Yauliyacu contributing considerably to our revenues and cash flow. While we did see some temporary shortfalls in production at the Peñasquito mine and a delay at Pascua-Lama, we remain confident in our partners and view both of these assets as core streams which solidify our industry-leading growth profile." More
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Silver Wheaton Reports Record Quarterly Financial Results Including Operating Cash Flows of Over US$172 Million - "For the second quarter in a row, we achieved record silver sales and revenues, putting us on track for our best year ever," said Randy Smallwood, President and Chief Executive Officer of Silver Wheaton. "Production from most of our assets was very solid, with Zinkgruvan once again delivering a strong quarter and with sales of concentrate produced but not yet delivered from Yauliyacu contributing considerably to our revenues and cash flow. While we did see some temporary shortfalls in production at the Peñasquito mine and a delay at Pascua-Lama, we remain confident in our partners and view both of these assets as core streams which solidify our industry-leading growth profile." More
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Tanzanian Royalty Reports Drilling Continues to Extend Higher Grades at Buckreef Gold Project 6.0 Metres @ 4.34 g/t Au, including 2.05 Metres @ 10.11 g/t Au - "Following the positive assay results at the Buckreef Gold Project announced in the Company’s news releases dated August 3rd and 6th 2012, Tanzanian Royalty Exploration Corporation is pleased to announce further successful intersections from its current deep drill program at the Buckreef Gold Project in Tanzania confirming continuity of the higher-grade gold mineralization." More
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Denison Mines Corp. Reports Second Quarter 2012 Results - More
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Uranium Resources, Inc. Provides Second Quarter 2012 Update - More
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U.S. Silver And RX Gold & Silver Receive Final Orders to Proceed with Combination Transaction - "U.S. Silver Corporation (USA.TO) (“U.S. Silver”) and RX Gold & Silver Inc. (RXE.V) (“RX Gold”) are pleased to announce that the Ontario Superior Court of Justice has issued a final order to each company approving the business combination (the “Combination Transaction”) involving U.S. Silver, RX Gold and U.S. Silver & Gold Inc. (the “Combined Company”), a newly formed entity that has been incorporated to be the holding corporation of the combined business." More
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Uranerz Announces Second Quarter 2012 Financial Results - More
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Lake Shore Gold Reports Strong Second Quarter Results - "Lake Shore Gold Corp. (LSG.TO)(LSG)(LSG) ("Lake Shore Gold" or the "Company") today announced financial and operating results for the second quarter and first six months of 2012. During the second quarter, the Company achieved strong production and cash cost results with production of 24,426 ounces, near the top of the 20,000 to 25,000 ounce target range, and cash operating costs of US$849 per ounce produced, in line with the target for the year of US$825 to US$875 per ounce. The Company also continued to strengthen its balance sheet and to make excellent progress with its development program designed to position the Company for strong production growth in 2013." More
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Lake Shore Gold Reports Strong Second Quarter Results - "Lake Shore Gold Corp. (LSG.TO)(LSG)(LSG) ("Lake Shore Gold" or the "Company") today announced financial and operating results for the second quarter and first six months of 2012. During the second quarter, the Company achieved strong production and cash cost results with production of 24,426 ounces, near the top of the 20,000 to 25,000 ounce target range, and cash operating costs of US$849 per ounce produced, in line with the target for the year of US$825 to US$875 per ounce. The Company also continued to strengthen its balance sheet and to make excellent progress with its development program designed to position the Company for strong production growth in 2013." More
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Crosshair Identifies New Uranium Trend at Juniper Ridge, Wyoming - More
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Royal Gold Reports Fourth Quarter Financials and Record Results for Fiscal Year 2012 - "Royal Gold, Inc. (RGLD) (RGL.TO) today announced record net income attributable to Royal Gold stockholders of $92.5 million, or $1.61 per basic share, on record royalty revenue of $263.1 million for fiscal 2012 (ended June 30). This compares to net income attributable to Royal Gold stockholders for fiscal 2011 of $71.4 million, or $1.29 per basic share, on royalty revenue of $216.5 million." More
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Royal Gold Reports Fourth Quarter Financials and Record Results for Fiscal Year 2012 - "Royal Gold, Inc. (RGLD) (RGL.TO) today announced record net income attributable to Royal Gold stockholders of $92.5 million, or $1.61 per basic share, on record royalty revenue of $263.1 million for fiscal 2012 (ended June 30). This compares to net income attributable to Royal Gold stockholders for fiscal 2011 of $71.4 million, or $1.29 per basic share, on royalty revenue of $216.5 million." More
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Revett Reports Q2 2012 Results - "Total revenue for the first half of 2012 was $32.7 million compared to $31.5 million for the first half of 2011. Revenue for the second quarter ended June 30, 2012 was $13.5 million compared to $18.8 million in the second quarter of 2011. The decrease in revenues and production for the second quarter of 2012 was primarily due to lower metal prices and reduced access to the higher grade C Bed mining areas, because of extended spring rains and unseasonably high snow melt." More
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Revett Reports Q2 2012 Results - "Total revenue for the first half of 2012 was $32.7 million compared to $31.5 million for the first half of 2011. Revenue for the second quarter ended June 30, 2012 was $13.5 million compared to $18.8 million in the second quarter of 2011. The decrease in revenues and production for the second quarter of 2012 was primarily due to lower metal prices and reduced access to the higher grade C Bed mining areas, because of extended spring rains and unseasonably high snow melt." More
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Comstock Mining Commences Mining Operations - "Comstock Mining Inc. (the "Company" or "Comstock") (NYSE Amex: LODE) announced that it has begun hauling ore from the Lucerne mine to its process area in American Flat. This marks the commencement of full mining activities and the highly anticipated return of mining to the historic Comstock Lode near Virginia City and Gold Hill, Nevada." More
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Mega Uranium to Sell Canadian Projects to NexGen Energy to Create the Premier Uranium Explorer in the Athabasca Basin - More
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Royal Gold Increases Gold Stream Interest in the Mt. Milligan Project to 52.25% - "Royal Gold, Inc. (RGLD) (RGL.TO) today announced it has agreed to acquire, through its wholly-owned subsidiary RGLD Gold AG, an additional 12.25% of the payable gold produced from the Mt. Milligan copper-gold project, located in British Columbia, from a subsidiary of Thompson Creek Metals Company, Inc. (“Thompson Creek”) (NYSE:TC; TSX:TCM). Consideration for the new transaction is $200 million and cash payments equal to the lesser of $435 or the prevailing market price for each payable ounce of gold delivered to Royal Gold (the “Delivery Payments”)." More
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Aurizon Reports Second Quarter 2012 Financial Results - "The results of a positive Feasibility study on the Hosco deposit at Joanna were received during the second quarter and have established in-pit mineral reserves of 1.66 million ounces of gold. A capital allocation decision was made to defer development and permitting of the Hosco deposit. We have seen early stage exploration potential at Heva and the Hosco West extension, and the concept of adding non-refractory and higher grade refractory ore to the development scenario at the property is currently being explored. Both areas have provided positive drill results during the second quarter." More
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Aurizon Reports Second Quarter 2012 Financial Results - "The results of a positive Feasibility study on the Hosco deposit at Joanna were received during the second quarter and have established in-pit mineral reserves of 1.66 million ounces of gold. A capital allocation decision was made to defer development and permitting of the Hosco deposit. We have seen early stage exploration potential at Heva and the Hosco West extension, and the concept of adding non-refractory and higher grade refractory ore to the development scenario at the property is currently being explored. Both areas have provided positive drill results during the second quarter." More
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Excellon Resources reports financial results for the six months ended June 30, 2012 - "Excellon reports net income of $0.5 million ($0.00 per share) and a total comprehensive loss of $0.8 million for the six months ended June 30, 2012 (all dollar amounts are in US dollars)." More
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Excellon Resources reports financial results for the six months ended June 30, 2012 - "Excellon reports net income of $0.5 million ($0.00 per share) and a total comprehensive loss of $0.8 million for the six months ended June 30, 2012 (all dollar amounts are in US dollars)." More
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Vista Gold Corp. Reports 3.52 g/t Gold and 132.0 g/t Silver over 23.7m at its Guadalupe de los Reyes Gold/Silver Project - "Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") today reported further assay results from the final 25 holes of its 48 hole drilling program at the Guadalupe de los Reyes gold/silver project in Sinaloa, Mexico." More
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Bannerman Provides Update Regarding Epangelo Discussions - More
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Kinross Announces Senior Management Appointments - "J. Paul Rollinson, CEO Kinross Gold Corporation, (K.TO)(KGC) today announced that Brant Hinze, formerly Executive Vice-President and Chief Operating Officer of Kinross, has been appointed President and Chief Operating Officer." More
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Fortuna Reports Cash Flow of US$15.72 Million and Net Income of US$3.85 Million in the Second Quarter of 2012 - "Our strong financial performance for the quarter is backed by solid operating and production results from our mines. At San Jose we are advancing our expansion to 1500 tonnes per day, scheduled for commissioning in mid 2013, which will further improve operating margins. At Caylloma, costs to mid-year are generally in line with budget. We are assessing various initiatives-including rebalancing production mix from narrow veins to mitigate new cost-inflationary pressures." More
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Fortuna Reports Cash Flow of US$15.72 Million and Net Income of US$3.85 Million in the Second Quarter of 2012 - "Our strong financial performance for the quarter is backed by solid operating and production results from our mines. At San Jose we are advancing our expansion to 1500 tonnes per day, scheduled for commissioning in mid 2013, which will further improve operating margins. At Caylloma, costs to mid-year are generally in line with budget. We are assessing various initiatives-including rebalancing production mix from narrow veins to mitigate new cost-inflationary pressures." More
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Silver Standard Reports Second Quarter 2012 Financial Results - "Our team delivered solid results that demonstrate operating consistency at the Pirquitas mine, despite adverse seasonal impacts and regulatory challenges. We remain on track to meet production guidance for the year," said John Smith, President and CEO. "Our extensive portfolio and strong balance sheet leave us well positioned to advance projects and capitalize upon strategic opportunities as they arise." More
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Silver Standard Reports Second Quarter 2012 Financial Results - "Our team delivered solid results that demonstrate operating consistency at the Pirquitas mine, despite adverse seasonal impacts and regulatory challenges. We remain on track to meet production guidance for the year," said John Smith, President and CEO. "Our extensive portfolio and strong balance sheet leave us well positioned to advance projects and capitalize upon strategic opportunities as they arise." More
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Alexco Files Flame & Moth and Bermingham Technical Reports - "Alexco Resource Corp. (AXR.TO)(AXU)(AXU) today announces that, further to the news release dated June 28, 2012 entitled "Alexco Announces Initial Resource Estimates for Flame & Moth and Bermingham", technical reports have now been filed in support of the mineral resource estimates for each of the Flame & Moth property and the Bermingham property. There are no material differences between the technical reports and the mineral resource estimates disclosed in the news release." More
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Golden Star Resources Reports Second Quarter Financial Results - "Total second quarter 2012 gold sales increased 17% to 85,183 ounces at a cash operating cost of $921 per ounce from 72,540 ounces at a cash operating cost of $1,079 per ounce in the second quarter of 2011. The increased production led to second quarter revenue of $136.3 million, up 4% over $131.0 in the first quarter and up 24% over $109.8 million in the second quarter of 2011. Net income attributable to Golden Star shareholders in the second quarter increased to $2.5 million, or $0.01 per share, from a net loss of $5.0 million, or $0.02 per share, in the same quarter last year." More
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Golden Star Resources Reports Second Quarter Financial Results - "Total second quarter 2012 gold sales increased 17% to 85,183 ounces at a cash operating cost of $921 per ounce from 72,540 ounces at a cash operating cost of $1,079 per ounce in the second quarter of 2011. The increased production led to second quarter revenue of $136.3 million, up 4% over $131.0 in the first quarter and up 24% over $109.8 million in the second quarter of 2011. Net income attributable to Golden Star shareholders in the second quarter increased to $2.5 million, or $0.01 per share, from a net loss of $5.0 million, or $0.02 per share, in the same quarter last year." More
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Golden Minerals Reports Second Quarter 2012 Results - "For the quarter ended June 30, 2012, Golden Minerals recorded revenue of $4.9 million from the sale of metals at the Velardeña Operations, located in the state of Durango, Mexico. The Company's net loss for the second quarter 2012 was $7.6 million, as compared to a net loss of $10.1 million in the first quarter 2012. The net loss included a negative gross margin of $1.7 million at the Velardeña Operations, $2.1 million of costs related to mine development and expansion activities at the Velardeña Operations, $2.0 million of depreciation expense, $1.8 million of exploration expenses, $1.8 million of corporate general and administrative expenses, $1.2 million of expenses at the El Quevar project, and a $1.8 million gain from the sale of the Platosa royalty interest." More
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Golden Minerals Reports Second Quarter 2012 Results - "For the quarter ended June 30, 2012, Golden Minerals recorded revenue of $4.9 million from the sale of metals at the Velardeña Operations, located in the state of Durango, Mexico. The Company's net loss for the second quarter 2012 was $7.6 million, as compared to a net loss of $10.1 million in the first quarter 2012. The net loss included a negative gross margin of $1.7 million at the Velardeña Operations, $2.1 million of costs related to mine development and expansion activities at the Velardeña Operations, $2.0 million of depreciation expense, $1.8 million of exploration expenses, $1.8 million of corporate general and administrative expenses, $1.2 million of expenses at the El Quevar project, and a $1.8 million gain from the sale of the Platosa royalty interest." More
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Yamana Gold Announces Second Quarter Results - "We continue to focus on delivering financial performance to complement our operating results. We are focused on value delivered through improvements in financial metrics, cash flow and margin maintenance and expansion being among the top measures of delivering financial performance," commented Peter Marrone, Chairman and Chief Executive Officer. "We are very pleased with the increasing and steady production results in the quarter and for the half year generally, and in particular, at our newest mine, Mercedes. We continue to establish a track record of advancement and development of new mines and other projects also, although always with an attention to returns and value creation complementing planned production growth." More
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Yamana Gold Announces Second Quarter Results - "We continue to focus on delivering financial performance to complement our operating results. We are focused on value delivered through improvements in financial metrics, cash flow and margin maintenance and expansion being among the top measures of delivering financial performance," commented Peter Marrone, Chairman and Chief Executive Officer. "We are very pleased with the increasing and steady production results in the quarter and for the half year generally, and in particular, at our newest mine, Mercedes. We continue to establish a track record of advancement and development of new mines and other projects also, although always with an attention to returns and value creation complementing planned production growth." More
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Goldcorp Appoints New Chief Operating Officer - "GOLDCORP INC. ("GOLDCORP") (G.TO) (GG) today announced that George Burns has been appointed Executive Vice President and Chief Operating Officer, replacing Steve Reid, who has decided to leave the Company to pursue other interests." More
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Kinross Reports 2012 Second Quarter Results - "I am honoured to have been asked to lead Kinross during this challenging time in our industry. Kinross has an enviable foundation, with a skilled and committed team across the organization, a high quality asset portfolio, and a strong financial base." More
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Kinross Reports 2012 Second Quarter Results - "I am honoured to have been asked to lead Kinross during this challenging time in our industry. Kinross has an enviable foundation, with a skilled and committed team across the organization, a high quality asset portfolio, and a strong financial base." More
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McEwen Mining Provides Second 2012 Operational and Development Update - "McEwen Mining Inc. (MUX)(MUX.TO) is pleased to provide a summary of the second quarter, including operational and development updates, for its projects in Argentina, Mexico and Nevada. During the six months ending June 30th, the Company's attributable production was 47,640 ounces of gold and gold equivalent and remains on schedule to produce a total of 105,000 ounces in 2012. Production was up 9% over the previous quarter and up 17% over second quarter 2011." More
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Kinross Declares Dividend - "Kinross Gold Corporation (K.TO)(KGC) announced today that the Board of Directors has declared a dividend of US$0.08 per common share, payable on September 28, 2012 to shareholders of record at the close of business on September 21, 2012." More
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Yamana Gold Declares Quarterly Dividend - "YAMANA GOLD INC. (YRI.TO)(AUY)(YAU.L) today announced its third quarter 2012 dividend of $0.065 per share. Shareholders of record at the close of business on Friday, September 28, 2012 will be entitled to receive payment of this dividend on Friday, October 12, 2012. The dividend is an "eligible dividend" for Canadian tax purposes." More
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High Grade Surficial Uranium Encountered at Ivana VIII Project - More
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Silver Spruce Resources Acquires Labrador Uranium Property - More
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Gold mining chiefs put on notice - "Gold miners' profits may be near record highs after a five-fold rise in the gold price over the past decade, but you wouldn't know it from their share prices - and investors are getting impatient." More
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El Gallo Phase 1 Production Area Drilling Encounters More Gold: 1.3 gpt Gold Over 41.2 Meters Plus New Zinc, Silver & Lead Intercepts - "McEwen Mining Inc. (MUX)(MUX.TO) is pleased to announce exploration results from its 100% owned El Gallo Complex, in Sinaloa State, Mexico, where on-going drilling continues to expand the resource within the Phase 1 production area (Fig. 1)." More
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Gunmen attack airport in Congo mining hub - "Unidentified gunmen attacked the airport in the Congolese mining town of Lubumbashi early on Wednesday, killing at least one soldier, but government forces repelled the offensive after several hours of fighting, police said.

Lubumbashi, capital of Democratic Republihhc of Congo's south-eastern copper and cobalt mining province, Katanga, is hundreds of kilometres from the heavier fighting ongoing between rebels and the army in North Kivu province, but the clash follows two similar attacks on the town last year." More
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Silver Wheaton Acquires Life of Mine Precious Metals Streams from Hudbay's 777 Mine and Constancia Project - "Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (SLW.TO) (SLW) is pleased to announce that it has agreed to acquire from HudBay Minerals Inc. ("Hudbay") (HBM.TO) (HBM) 100% of the life of mine silver production from its currently producing 777 Mine ("777"), located in Canada, and 100% of the life of mine silver production from its Constancia Project ("Constancia"), located in southern Peru. In addition, Silver Wheaton has agreed to acquire 100% of the life of mine gold production from Hudbay's 777 Mine until Constancia satisfies a completion test, or the end of 2016, whichever is later. At that point, Silver Wheaton's share of gold production from 777 will be reduced to 50% for the remainder of the mine life." More
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Endeavour Silver Options El Inca Silver-Gold Properties in Northern Chile - "Endeavour Silver Corp. (EDR.TO)(EXK)(EJD.F) announces that it has signed a memorandum of understanding for an option and joint venture agreement with La Sociedad Quimica Minera de Chile SA ("SQM") to earn a 75% interest in the El Inca silver-gold properties located about 250 kilometers (km) northeast of Antofagasta and 27 km northwest of Calama in northern Chile." More
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Nevsun Reports Strong Second Quarter 2012 Results, Further Raises 2012 Production Outlook - "Nevsun has increased its total 2012 gold production forecast to 280,000 - 300,000 ounces from its previous target of 240,000 - 260,000 ounces, as compared to its guidance of 190,000 to 210,000 ounces provided in February 2012." More
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Nevsun Reports Strong Second Quarter 2012 Results, Further Raises 2012 Production Outlook - "Nevsun has increased its total 2012 gold production forecast to 280,000 - 300,000 ounces from its previous target of 240,000 - 260,000 ounces, as compared to its guidance of 190,000 to 210,000 ounces provided in February 2012." More
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Excellon Resources declares force majeure at La Platosa - "Excellon Resources Inc. (EXN.TO) ("Excellon" or "the Company") today announced that it has declared force majeure in respect of its concentrate delivery contracts with Consorcio Minero De Mexico Cormin Mex, S.A. DE C.V. ("Trafigura"), located in Manzanillo, Mexico, due to the ongoing illegal blockade at the Company's La Platosa mine in the state of Durango, Mexico. The blockade was commenced by the Ejido de La Sierrita (the "Ejido") on July 8, 2012, with the assistance and funding of the non-governmental organization ProDESC and Sindicato Nacional de Trabajadores Mineros Metalúrgicos, Siderúrgicos y Similares de la República Mexicana, affiliated with the United Steelworkers Union of Canada." More
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Gold Resource Corporation Second Quarter Conference Call - "Gold Resource Corporation's CEO, Mr. William W. Reid, will host a 45 minute conference call Friday, August 10, 2012 at 11:00 a.m. EDT. Mr. William Reid will update shareholders on second quarter 2012 results as well as current operations. The conference call will be recorded and posted to the Company's website in three to five business days from recording." More
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Gold Resource Corporation Second Quarter Conference Call - "Gold Resource Corporation's CEO, Mr. William W. Reid, will host a 45 minute conference call Friday, August 10, 2012 at 11:00 a.m. EDT. Mr. William Reid will update shareholders on second quarter 2012 results as well as current operations. The conference call will be recorded and posted to the Company's website in three to five business days from recording." More
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Goldcorp Updates Shareholdings in Primero - "GOLDCORP INC. ("GOLDCORP") (TSX: G, NYSE: GG) today announced that Primero Mining Corp. ("Primero") (TSX: P, NYSE: PPP) has provided notice to Goldcorp that it has elected to convert the principal amount outstanding of its $30 million convertible note held by Goldcorp into common shares of Primero. As a result, on August 7, 2012, Goldcorp was issued a further 8,422,460 common shares of Primero, representing approximately 8.7% of the issued and outstanding common shares of Primero. Immediately following the issuance, Goldcorp owns an aggregate of 39,573,660 common shares of Primero, representing approximately 41% of the issued and outstanding common shares of Primero (increased from approximately 35%). The 8,422,460 common shares of Primero were issued from treasury at a deemed price of $3.74 per share for an aggregate value of $30 million." More
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Vista Gold Corp. Announces Second Quarter 2012 Financial Results and Provides Update on Recent Activities - "Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its financial results and highlights for the second quarter ended June 30, 2012. Management's quarterly conference call to discuss these results is scheduled for 9:00 a.m. MDT on August 10, 2012. The Company's full financial results, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission (the "SEC") and the Canadian securities regulatory authorities." More
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Vista Gold Corp. Announces Second Quarter 2012 Financial Results and Provides Update on Recent Activities - "Vista Gold Corp. (the "Company," "we" or "our") (NYSE MKT and TSX: VGZ) today announced its financial results and highlights for the second quarter ended June 30, 2012. Management's quarterly conference call to discuss these results is scheduled for 9:00 a.m. MDT on August 10, 2012. The Company's full financial results, Management's Discussion and Analysis together with other important disclosures can be found in the Company's Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission (the "SEC") and the Canadian securities regulatory authorities." More
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Alexco Reports Second Quarter 2012 Financial Results - "Alexco Resource Corp. (AXR.TO)(AXU)(AXU) today reports its financial results for the second quarter of 2012. All figures are expressed in Canadian dollars unless otherwise stated. Alexco produced 458,472 ounces of silver during the quarter, compared to 464,324 ounces of silver in the same period a year ago. A temporary decrease in ore grades due to planned mine sequencing at the Bellekeno mine in the Keno Hill Silver District in Canada's Yukon Territory, as well as significantly lower metals prices for the period, resulted in a second quarter 2012 net loss of $2.7 million. Planned production for the third and fourth quarters from higher grade areas of the mine are expected to keep Alexco on track for its projected full year production guidance of about 2.2 million ounces of silver in 2012." More
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Alexco Reports Second Quarter 2012 Financial Results - "Alexco Resource Corp. (AXR.TO)(AXU)(AXU) today reports its financial results for the second quarter of 2012. All figures are expressed in Canadian dollars unless otherwise stated. Alexco produced 458,472 ounces of silver during the quarter, compared to 464,324 ounces of silver in the same period a year ago. A temporary decrease in ore grades due to planned mine sequencing at the Bellekeno mine in the Keno Hill Silver District in Canada's Yukon Territory, as well as significantly lower metals prices for the period, resulted in a second quarter 2012 net loss of $2.7 million. Planned production for the third and fourth quarters from higher grade areas of the mine are expected to keep Alexco on track for its projected full year production guidance of about 2.2 million ounces of silver in 2012." More
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Allied Nevada Achieves Net Income of $6.1 Million or $0.07 Per Share in Q2 2012 - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (ANV.TO)(ANV)(ANV) is pleased to provide financial and operating results for the three and six months ended June 30, 2012. The results presented in this press release should be read in conjunction with the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 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 financial measure "adjusted cash costs") and are expressed in U.S. dollars." More
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Allied Nevada Achieves Net Income of $6.1 Million or $0.07 Per Share in Q2 2012 - "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (ANV.TO)(ANV)(ANV) is pleased to provide financial and operating results for the three and six months ended June 30, 2012. The results presented in this press release should be read in conjunction with the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 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 financial measure "adjusted cash costs") and are expressed in U.S. dollars." More
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Almaden Hits 188.70 Meters 3.3 g/t AuEq (1.32 g/t Au and 97.8 g/t Ag) on Main Ixtaca Zone, Traces Northeast Extension 400 Meters Down Dip - "Almaden Minerals Ltd. ("Almaden" or "the Company") (AMM.TO)(AAU)(AAU) is pleased to announce further results from the on-going exploration drill program on the Company's 100% owned Tuligtic project, Mexico with holes TU-12-159, 162, 164, 166 and 168. Holes TU-12-164 and 168 were drilled on section 10+425E into the Main Ixtaca Zone. Holes TU-12-159, 162 and 166 were drilled at 070 degrees on section 50+000N into the Northeast Extension Zone, which trends perpendicular to the Main Ixtaca Zone." More
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Hecla Terminates Offer for U.S. Silver Corporation - "Hecla Mining Company (NYSE:HL) (“Hecla”) announced today that, following an announcement earlier today by U.S. Silver Corporation (“U.S. Silver”) that a sufficient number of its common shareholders have voted to approve a transaction with RX Gold & Silver, Hecla has terminated its offers to acquire all of the outstanding common shares and common share purchase warrants of U.S. Silver (the “Hecla Offer”)." More
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U.S. Silver Receives Shareholder Approval for Combination with RX Gold - "U.S. Silver Corporation (USA.TO) ("U.S. Silver" or the "Company") is pleased to announce that at the special meeting of shareholders held today, U.S. Silver shareholders approved the proposed combination transaction with RX Gold & Silver Inc. ("RX Gold") to be completed by plan of arrangement." More
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Goldcorp declares eighth monthly dividend payment for 2012 - "GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its eighth monthly dividend payment for 2012 of $0.045 per share. Shareholders of record at the close of business on Friday, August 17, 2012 will be entitled to receive payment of this dividend on Monday, August 27, 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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Barrick Gold Studies Acquiring Assets as It Reviews Costly Mines - “Perhaps there’s more M&A opportunities today than there were a year ago and as a company we’re looking at those assets on a daily basis,” Mike Feehan, regional president of the Toronto-based company’s Australia and Pacific operations said today at the Diggers & Dealers mining conference in Kalgoorlie, Australia. “If we could find a few million ounces of gold deposit that’s probably pretty good.” More
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Barrick Gold Studies Acquiring Assets as It Reviews Costly Mines - “Perhaps there’s more M&A opportunities today than there were a year ago and as a company we’re looking at those assets on a daily basis,” Mike Feehan, regional president of the Toronto-based company’s Australia and Pacific operations said today at the Diggers & Dealers mining conference in Kalgoorlie, Australia. “If we could find a few million ounces of gold deposit that’s probably pretty good.” More
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New Milestone Achieved as Permitting Commenced on Donlin Gold Project - "NovaGold Resources Inc. (NG.TO)(NG) ("NovaGold" or "the Company") is pleased to announce that Donlin Gold LLC, owned equally by wholly-owned subsidiaries of NovaGold and Barrick Gold Corporation ("Barrick Gold"), has commenced permitting of the Donlin Gold Project ("Donlin Gold" or the "Project") located in Alaska. This announcement follows the Donlin Gold LLC Board of Directors recent approval of the Project's Updated Feasibility Study. Barrick Gold and NovaGold have expressed that they are committed to advance the project through permitting." More
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Northern Dynasty retains senior US political and scientific representatives - "On behalf of Northern Dynasty Minerals Ltd. ("Northern Dynasty" or the "Company") (TSX: NDM; NYSE MKT: NAK) and its shareholders, prominent Washington DC-based regulatory lawyer Thomas Collier and National Academy of Engineering member Dr. Michael Kavanaugh delivered testimony today in Anchorage , Alaska to the external peer review panel that is evaluating the US Environmental Protection Agency's (EPA) draft Bristol Bay Watershed Assessment (BBWA) report." More
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Coeur Reports Strong Second Quarter Financial and Operating Results; Provides Positive Update to 2012 Guidance - "Coeur d'Alene Mines Corporation (NYSE:CDE, TSX:CDM) produced 4.9 million ounces of silver and 63,047 ounces of gold during the second quarter, which resulted in $254.4 million in sales, $88.4 million in operating cash flow,1 and a $47.1 million increase in cash, cash equivalents and short-term investments to $200.3 million." More
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Coeur Reports Strong Second Quarter Financial and Operating Results; Provides Positive Update to 2012 Guidance - "Coeur d'Alene Mines Corporation (NYSE:CDE, TSX:CDM) produced 4.9 million ounces of silver and 63,047 ounces of gold during the second quarter, which resulted in $254.4 million in sales, $88.4 million in operating cash flow,1 and a $47.1 million increase in cash, cash equivalents and short-term investments to $200.3 million." More
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Coeur d’Alene Mines Acquires Shares in Huldra Silver Inc. - "Coeur d’Alene Mines Corporation (“Coeur”) (CDE)(CDM.TO) today announced that it has agreed to acquire 1,851,852 common shares (the “Shares”) of Huldra Silver Inc. (“Huldra”) (HDA.V) at a purchase price of C$1.08 per Share, for total consideration of C$2 million. The Shares will be acquired pursuant to a subscription agreement as part of private placement transaction of Huldra issuing in the aggregate 2,777,777 Shares." More
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Hecla Reports Second Quarter 2012 Results and Major Progress on Re-Opening of the Lucky Friday Mine - "Hecla Mining Company (NYSE:HL) today announced second quarter net income applicable to common shareholders of $2.4 million, or $0.01 per basic share, and earnings after adjustments applicable to common shareholders of $4.4 million, or $0.02 per basic share. Second quarter silver production was 1.4 million ounces at a cash cost of $1.03 per ounce, net of by-products." More
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Hecla Reports Second Quarter 2012 Results and Major Progress on Re-Opening of the Lucky Friday Mine - "Hecla Mining Company (NYSE:HL) today announced second quarter net income applicable to common shareholders of $2.4 million, or $0.01 per basic share, and earnings after adjustments applicable to common shareholders of $4.4 million, or $0.02 per basic share. Second quarter silver production was 1.4 million ounces at a cash cost of $1.03 per ounce, net of by-products." More
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Timberline Announces Third Quarter 2012 Financial Results - "Timberline reported a consolidated net loss of $1.77 million for the quarter ended June 30, 2012, including exploration expenditures of $1.16 million. The Company's exploration expenditures during the quarter were related primarily to its ongoing exploration drill program, permitting activities, and metallurgical studies at the South Eureka Property in Nevada." More
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Timberline Announces Third Quarter 2012 Financial Results - "Timberline reported a consolidated net loss of $1.77 million for the quarter ended June 30, 2012, including exploration expenditures of $1.16 million. The Company's exploration expenditures during the quarter were related primarily to its ongoing exploration drill program, permitting activities, and metallurgical studies at the South Eureka Property in Nevada." More
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Endeavour Silver Reports Second Quarter 2012 Financial Results; Arranges $75 Million Revolving Bank Line of Credit With Scotiabank; Q2 2012 Conference Call - "Endeavour Silver Corp. (EDR.TO)(EXK)(EJD.F) announced today its financial and operating results and unaudited condensed consolidated interim financial statements for the Second Quarter, 2012. Endeavour owns and operates two high-grade, underground, silver-gold mines in Mexico: the Guanacevi Mine in Durango State and the Bolanitos Mine (previously called the Guanajuato Mine) in Guanajuato State. The Company acquired a third high-grade, underground, silver-gold mine, the El Cubo Mine, located near the Bolanitos Mine subsequent to the end of the 2nd quarter so its Q2, 2012 performance is not reported herein." More
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Endeavour Silver Reports Second Quarter 2012 Financial Results; Arranges $75 Million Revolving Bank Line of Credit With Scotiabank; Q2 2012 Conference Call - "Endeavour Silver Corp. (EDR.TO)(EXK)(EJD.F) announced today its financial and operating results and unaudited condensed consolidated interim financial statements for the Second Quarter, 2012. Endeavour owns and operates two high-grade, underground, silver-gold mines in Mexico: the Guanacevi Mine in Durango State and the Bolanitos Mine (previously called the Guanajuato Mine) in Guanajuato State. The Company acquired a third high-grade, underground, silver-gold mine, the El Cubo Mine, located near the Bolanitos Mine subsequent to the end of the 2nd quarter so its Q2, 2012 performance is not reported herein." More
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Midway Gold Announces Second Quarter 2012 Financial Results - "Midway Gold Corp. (TSX.V and NYSE MKT: MDW) (the “Company”) announces financial results for the second quarter ended June 30, 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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Midway Gold Announces Second Quarter 2012 Financial Results - "Midway Gold Corp. (TSX.V and NYSE MKT: MDW) (the “Company”) announces financial results for the second quarter ended June 30, 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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Midway Gold Appoints Nathaniel E. Klein as a Director - "Midway Gold Corp. ("Midway" or the "Company") (MDW:TSX-V; MDW:NYSE MKT) is pleased to report that Mr. Nathaniel E. Klein has been appointed to its Board of Directors, the appointment to be effective at the next regularly scheduled meeting of the Board in November." More
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Hecla to Present at Jefferies Global Industrial A&D Conference in New York - "Hecla Mining Company’s (NYSE:HL) President and CEO Phillips S. Baker, Jr., will speak at the Jefferies Global Industrial A&D Conference in New York on August 9 at 9:00 am ET. Mr. Baker will present an overview of Hecla’s business strategy and its position as the largest North America-focused silver producer." More
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Tanzanian Royalty Reports High Grade Assay Results at Buckreef Project including 3.5 Metres @ 35.54 g/t Au, 7 Metres @ 18.47 g/t Au, 4 Metres @ 14.47 g/t Au - "Tanzanian Royalty Exploration Corporation is pleased to announce the release of new assay results from its current deep drill program at the Buckreef Gold Project in Tanzania targeting the deep extension potential. These results are part of the ongoing drill program designed to determine the potential for expanding the size of the mineral resource estimate published in June 2011." More
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Gounkoto gold mine officially opened - "Randgold Resources' Gounkoto gold mine in Mali was today officially opened by the country's minister of the economy, finance and budget, Tiena Coulibaly, accompanied by the ministers of mines, environment and public works." More
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AngloGold Beats Operating Guidance; Growth Projects on Schedule - "AngloGold Ashanti (AU) improved on cost and production guidance for the second quarter and kept its four key growth projects on track and budget despite challenging operating conditions for the global gold sector." More
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AngloGold Beats Operating Guidance; Growth Projects on Schedule - "AngloGold Ashanti (AU) improved on cost and production guidance for the second quarter and kept its four key growth projects on track and budget despite challenging operating conditions for the global gold sector." More
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Tanzanian Royalty Assay Results at Depth Extended To Buckreef North 26 metres at 4.30g/t Gold, including 10 metres at 8.42g/t Gold - "Tanzanian Royalty Exploration Corporation is very pleased to announce additional assays from its current drilling program at the Buckreef Gold Project in northwest Tanzania. These results are part of an ongoing deep drilling program designed to confirm the mineralisation at depth and determine the potential for increasing the size of the mineral resource estimate published in June 2012." More
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Kinross CEO Shakeup Signals Breakup or Sale of Gold Miner - “I think the majors have to be scratching their heads and saying, I don’t want to buy anything that’s pre-production because my shareholders don’t have the patience for it,” Graf said. “Someone buying Kinross or breaking up Kinross a la Placer Dome could be on the minds of some of the larger mining companies.” More
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International Tower Hill To Close CAD $24.6 Million First Tranche of its Non-Brokered Private Placement - "The first tranche of the Offering consists of 9,458,308 common shares of the Company at a price of CAD 2.60 per common share for gross proceeds of CAD 24.6 million. The participants in the first tranche of the Offering include Paulson & Co., Tocqueville Asset Management, LP, AngloGold Ashanti (USA) Exploration Inc., ITH management and insiders as well as other institutional funds." More
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Richmont Mines Announces Second Quarter 2012 Results - "The second quarter has been a challenging one for Richmont, and our share price performance has reflected this. The overall downward trend in the stock market, particularly for gold producers, has also been an important contributing factor to our weak share price. That being said, we firmly believe that Richmont's solid fundamentals, which include our operating mines, the strength of our management team and skilled workforce, the untapped potential of several of our exploration properties and our sound financial structure, provide an excellent foundation for future growth and the creation of shareholder value." More
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Richmont Mines Announces Second Quarter 2012 Results - "Richmont Mines Inc. (RIC.TO)(RIC)(RIC), ("Richmont" or the "Corporation") announces financial and operational results for its second quarter ended June 30, 2012. Financial results are based on International Financial Reporting Standards ("IFRS") and dollars are reported in Canadian currency, unless otherwise noted." More
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South American Silver Announces Receipt of Formal Decree and Provides Update on Plan of Action - "We will continue to pursue all channels available to us," said Greg Johnson, President and CEO of South American Silver Corp. "This action plan includes the prospect of negotiating a resolution of the situation with the Bolivian government, or, if required, the pursuit of compensation for the full value of the project through international arbitration." More
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Pretivm Reports Second Quarter 2012 Results - "In late February 2012, we began mobilizing drills to our Brucejack Project to commence the 2012 Brucejack Exploration Program, with six drills mobilized to site by the end of the first quarter of 2012. In April 2012, we mobilized a seventh drill to site. By the end of June 2012, a total of 154 drill holes had been completed or were in progress comprising approximately 46,845 meters of drilling." More
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Pretivm Reports Second Quarter 2012 Results - "In late February 2012, we began mobilizing drills to our Brucejack Project to commence the 2012 Brucejack Exploration Program, with six drills mobilized to site by the end of the first quarter of 2012. In April 2012, we mobilized a seventh drill to site. By the end of June 2012, a total of 154 drill holes had been completed or were in progress comprising approximately 46,845 meters of drilling." More
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Silvercorp Announces First Quarter Dividend of CAD$0.025 - "Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO)(SVM) today announced that its Board of Directors has declared its first quarter fiscal 2013 dividend of CAD$0.025 per share to be paid on or before October 21, 2012 to shareholders of record at the close of business on September 28, 2012. The dividends are considered eligible dividends for Canadian tax purposes." More
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Ivanhoe Mines Changes Name to Turquoise Hill Resources - "Ivanhoe Mines today announced that the company's name change to Turquoise Hill Resources Ltd. (IVN.TO)(IVN)(IVN.TO) now has gone into effect. The new name was approved by shareholders at the company's annual meeting on June 28, 2012." More
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Silvercorp Reports Financial and Operating Results For the First Quarter of Fiscal 2013 and Updates Production Guidance - "In Q1 2013, the Company recorded net income attributable to equity holders of the Company of $6.1 million, or $0.04 per share. Adjusted net income was $8.1 million, or $0.05 per share, after excluding the withholding tax accrual of $2.0 million for anticipated dividends from the Company's subsidiary in China. Adjusted net income was $17.5 million lower, compared to $25.6 million, or $0.15 per share in the quarter ended June 30, 2011 ("Q1 2012"), primarily due to lower sales, higher production costs and higher general and administrative ("G&A") expenses." More
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Uranium Resources Announces Second Quarter 2012 Conference Call and Webcast - More
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Ivanhoe Mines and Chalco Agree to 30-Day Extension for Proportional Takeover Bid for SouthGobi Resources - "References are made to the announcements published by Aluminum Corporation of China Limited ("Chalco") and Ivanhoe Mines Ltd. ("Ivanhoe") on April 2, 2012 and July 3, 2012 (Hong Kong Time), respectively. Chalco and Ivanhoe announced today they have agreed to extend by an additional 30 days the time for Chalco to make a proportional takeover bid for up to 60%, but not less than 56%, of the common shares of SouthGobi Resources Ltd. (SGQ.TO)(1878.HK) at C$8.48 per share. Instead of August 3, 2012, Chalco has now agreed to make a take-over bid on or before September 4, 2012, and thereafter the bid must be taken up after 36 days at the earliest if conditions are all met." More
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Hecla Reminds U.S. Silver Shareholders to Take Action before 5:00 P.M. ET Today to Stop the Proposed Transaction with RX Gold & Silver - "Hecla Mining Company (NYSE:HL) (“Hecla”) today reminded common shareholders of U.S. Silver Corporation (USA.TO) (“U.S. Silver”) that, in order to take advantage of Hecla’s offers to acquire all of the outstanding common shares of U.S. Silver for CDN$1.80 per common share in cash and to acquire each outstanding common share purchase warrant for CDN$0.205 (its “in the money” amount based on such price per common share) (together, the “Hecla Offer”), they must act TODAY before 5:00 p.m. ET to stop U.S. Silver’s proposed transaction with RX Gold & Silver (the “RX Proposal”)." More
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Huldra Silver Announces Amendment to Credit Agreement - "Huldra Silver Inc. (HDA.V) ("Huldra" or the "Company") today announces that it has entered into a second amending agreement dated July 30, 2012 (the "Amending Agreement") with Waterton Global Value, L.P. ("Waterton") pursuant to which it has further amended the terms of the Credit Agreement dated June 16, 2011, as amended May 16, 2012, between the Company and Waterton. Under the terms of the Amending Agreement, Waterton has agreed to amend the repayment terms of the Credit Agreement such that the repayment amount owing on July 31, 2012 is $nil, effectively resulting in the first repayment date under the Credit Agreement being the last business day of August, 2012, with the maturity date remaining as April 30, 2013." More
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International Tower Hill Mines Announces New Manager of Investor Relations - "International Tower Hill Mines Ltd. ("ITH" or the "Company") - (ITH.TO)(THM)(THM)(FRANKFURT:IW9) is pleased to announce the appointment of Ms. Michelle Stachnik as Manager, Investor Relations. Ms. Stachnik brings with her a wealth of knowledge and experience in junior resource sector and investment community. She has worked for eight years in the mining industry, the last five years in investor relations with Esperanza Resources Corp. Her work with Esperanza, an emerging gold producer, provides a strong background for ITH with its Livengood development project. Ms. Stachnik is a graduate of Colorado State University with a Bachelor of Science in Business Administration and will begin full-time with ITH at the beginning of September." More
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Gold Fields Limited - South Deep Project - "Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) announces that its South Deep Joint Venture ("South Deep") has entered a formal consultation process with the National Union of Mineworkers ("NUM") and other affected employees who are not members of a recognised trade union ("affected unaffiliated employees") at South Deep via a Section 189 (3) notice." More
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Gold Fields Gives Notice of Possible South Deep Dismissals - "Gold Fields Ltd. (GFI), Africa’s second- biggest producer of the metal, issued a notice of possible dismissals to most underground workers at the South Deep mine in South Africa.

The Johannesburg-based company wants to implement a new operating model to improve productivity at South Deep, including changing shift arrangements, it said in a statement today. South Deep, which made up 7.8 percent of the company’s 2011 attributable output, had the highest total cash costs of all Gold Fields’ operations last year at $1,073 an ounce. The new model would enable it to create a further 400 full-time positions immediately and as many as 1,500 by the end of 2015, the company said." More
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Kinross Gold Fires CEO Tye Burt, Replaces With Rollinson - "Kinross Gold Corp. (K), a Canadian gold producer that has lost almost a third of its value this year, fired Chief Executive Officer Tye Burt and promoted another investment banker, J. Paul Rollinson, to replace him.

Rollinson, the company’s executive vice president of corporate development and a former banker at Scotia Capital, also replaces Burt on the company’s board, Toronto-based Kinross said yesterday in a statement. The CEO change was needed to guide Kinross through its “capital and project optimization process,” the company said." More
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Kinross Announces Appointment of J. Paul Rollinson as Chief Executive Officer - "Kinross (K.TO)(KGC) announced today that its Board of Directors has appointed J. Paul Rollinson (formerly Executive Vice-President, Corporate Development) as Chief Executive Officer of Kinross, replacing Tye W. Burt. Mr. Rollinson has also replaced Mr. Burt on the Kinross Board of Directors." More
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Centerra Gold Announces Quarterly Dividend of Cdn$0.04 per share - "Centerra Gold Inc. (CG.TO) announced today its Board of Directors has authorized a dividend of Cdn$0.04 per common share (approximately US$9.4 million at the current exchange rate). The dividend of Cdn$0.04 per common share is payable on August 30, 2012 to shareholders of record on August 17, 2012. The ex-dividend date will be August 15, 2012." More
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Centerra Gold Reports Second Quarter Results - "Centerra Gold Inc. (CG.TO) today reported a net loss of $54.6 million, or $0.23 per share based on revenues of $89.7 million. The second quarter loss includes $13.5 million ($0.06 per share) of abnormal mining costs, an other operating expense of $21.0 million ($0.09 per share) for Kumtor's contribution to a national micro-credit financing program in the Kyrgyz Republic in April and a charge of $7.2 million ($0.03 per share) for a gold metal reconciliation adjustment of the stockpiles at Kumtor. For the same period in 2011, the Company recorded net earnings of $71.1 million or $0.30 per common share based on revenues of $243.8 million in the same quarter last year reflecting significantly higher gold production and sales." More
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New Gold Achieves Strong Operational and Financial Performance in Second Quarter 2012 and Announces Commercial Production at New Afton - "New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) today announces financial and operational results for the second quarter of 2012, with gold production of 95,158 ounces at a total cash cost(1) per ounce sold, net of by-product sales, of $472 per ounce. The company's solid gold production, below average costs and the continued strength of gold prices, led New Gold to another quarter of solid financial results, including an average realized margin of over $1,000 per ounce." More
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New Gold Achieves Strong Operational and Financial Performance in Second Quarter 2012 and Announces Commercial Production at New Afton - "New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) today announces financial and operational results for the second quarter of 2012, with gold production of 95,158 ounces at a total cash cost(1) per ounce sold, net of by-product sales, of $472 per ounce. The company's solid gold production, below average costs and the continued strength of gold prices, led New Gold to another quarter of solid financial results, including an average realized margin of over $1,000 per ounce." More
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Uranerz' George Hartman to Retire - More
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Silvercorp Reports Intercept of 10.87 Meters Grading 715 Grams per Tonne Silver, 6.85% Lead and 1.52% Zinc at the SGX Mine, Ying Mining District, Henan Province - "Silvercorp Metals Inc. ("Silvercorp" or the "Company") (SVM.TO)(SVM) is pleased to report the results of its on-going underground diamond drilling program for the first six months of 2012 at the SGX (Ying) mine ("SGX"), Ying Mining District, Henan Province, China." More
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Nevsun Acquires Exploration License and Resources Near Bisha Mine - "Nevsun Resources Ltd. (NSU.TO)(NSU)(NSU) ("Nevsun") today is pleased to announce that the Bisha Mining Share Company ("Bisha"), a 60% owned subsidiary of Nevsun, has entered into an agreement (the "Agreement") to acquire the Mogoraib exploration license (the "Property") in Eritrea. Pursuant to the Agreement, Bisha will pay Sanu Resources, a subsidiary of NGEx Resources Inc. of Vancouver, US$5 million on closing and potentially an additional US$7.5 million contingent upon achieving commercial production from the Property. The Agreement is subject to approval of authorities in Eritrea." More
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