CNW Telbec | Mining/Metals

Atlanta Gold issues shares in satisfaction of debenture interest

Atlanta Gold Inc. has issued 5,148,951 common shares at a deemed price of $0.05 per share

Ur-Energy's Lost Creek project now fully permitted receives record of decision from BLM

- Ur-Energy Inc. is pleased to announce the receipt of the Record of Decision (ROD) from the Bureau of Land Management approving the Plan of Operations for the Company's Lost Creek uranium in-situ recovery project in Wyoming, USA. The ROD represents the final regulatory step needed by the Company to initiate construction and production operations at the project site.

Yukon-Nevada Gold Corp. announces new name and listing on the Toronto Stock Exchange

Yukon-Nevada Gold Corp. (TSX: YNG)(OTCBB: YNGFF)(Frankfurt Xetra Exchange: NG6) will commence trading on the Toronto Stock Exchange under the name Veris Gold Corp. and the symbol VG at start of market on Tuesday, October 9th.

Melkior begins drilling at Ontario's Carscallen Gold

Melkior Resources Inc. (MKR - TSX Venture)("Melkior"),has commenced a diamond drill program on its 100% owned Carscallen gold project, in West Timmins, Ontario. The drilling program will consists of approximately three holes totalling a minimum of 2000 metres.

Galway Resources Ltd. closes $10 million credit agreement

TORONTO, Aug. 30, 2012 /CNW/ - Galway Resources Ltd. (GWY: TSX-V) ("Galway") is pleased to announce that it has satisfied the conditions precedent

Harry Winston Diamond Corporation Announces US$260 Million Luxury Brand Credit Facility

The company's luxury brand subsidiary has completed refinancing of its senior secured revolving credit facility.

Gitennes announces preliminary metallurgical test results from the Urumalqui gold-silver project, Peru

Gravity recovery results were: 11 - 21% for Ag and 15 - 35% for Au.

Ur-Energy receives the Lost Creek final environmental impact statement from BLM

The Lost Creek Project will be fully authorized for construction with the receipt of the BLM record of decision.

Wallbridge terminates Booth River option

The company announced today it has terminated its agreement with 4763 NWT Ltd., to which Wallbridge was granted the option to acquire a 100% interest of certain mineral claims located in Nunavut, Canada.

Mandalay files updated NI 43-101 technical report for its La Quebrada copper-silver project, Chile

Announced today, the company has filed a compliant technical report documenting recent work at its La Quebrada copper-silver project in Chile. The filing occurred within the required 45 days of the press release.

MBAC announces $15.6 million bought deal

MBAC is focused on becoming a significant integrated producer of phosphate and potash fertilizers in the Brazilian and Latin American markets.

Talon Metals reports second quarter 2012 results

The company reports a net loss for the six month period of $4,255,588 or $0.05 per share compared to a net loss of $9,843,660 or $0.11 per share (basic and diluted) for the first six months of last year.

Tarkwa Gold Mine heap leach facilities resume operations

The company has announced that the Environmental Protection Agency (EPA) of Ghana lifted the temporary suspension on Tarkwa Gold Mine's heap leach facilities.

Sprott Resource Corp. announces Q2 2012 results

As of June 30, 2012 SRC held 73,971 ounces of gold bullion valued at $1,658 per ounce.

Drill program commences on past producing Griffith mine, Red Lake, Ontario

Northern Iron Corp. has announced the start of definition drill holes for the 2012-2013 season at the past producing Griffith Iron Ore mine.

Boxxer enters letter of intent to acquire 23 mineral claims contiguous to East Breccia copper-molybdenum-silver property

Boxxer announced its intentions acquire 23 mineral claims covering 6,997.9 acres contiguous to its East Breccia copper-molybdenum-silver property located approximately 60 kilometres north of Sault St Marie, Ontario.

CGA announces 500,000 ounces milestone at Masbate gold project

CGA is pleased to announce that on 2 August, the Masbate Gold Project poured it's 500,000th ounce of gold.

AZH completes $6m capital raising oversubscribed

The company took subscriptions amounting to $6.0m before costs and on completion will issue 17,142,857 shares at $0.35 per share, the closing price of the Company's shares on 31 July 2012.

Freegold received subscription agreements for $1,854,696 private placement

The company has announced that it has received subscription agreements for the first closing of a non-brokered private placement of 3,311,957, priced at $0.56 per Unit.

Golden Band Resources finalizes terms on $20 million term debt facility

The company has announced its final terms on a $20 million term debt facility with Waterton Global Value, L.P.

Cliffs Natural Resources Inc. reports second-quarter 2012 results

The company reports year-to-date global iron ore sales volume increases 23% to 19 million tons and revenue of $1.6 billion with net income attributable to Cliffs' shareholders of $258 Million, or $1.81 per diluted share.

Alacer announces 6% increase in gold production to 106,226 ounces for second quarter

The release, which shows mine production results for operations in Turkey and Australia, come ahead of financial statements which are planned for August 14, 2012.

Quarterly consolidated gold sales of US$15.162 million for the quarter ended June 30, 2012, as compared to US$9.792 million for the quarter ended June 30, 2011

The report highlights a 54.8% increase in quarterly consolidated gold sales for the quarter ended June 30, 2012, as compared to the quarter ended June 30, 2011.

Yukon-Nevada Gold Corp. drills 30.80 m grading 10.53 g/t Au at Jerritt Canyon, Nevada

The company highlights its findings of an intersected 30.80 meters at 10.53 g/t gold and TJ-356 intersected 27.60 meters at 8.37 g/t gold at its Nevada-based project.

Monument received $12 million through exercise of stock purchase warrants

GoldMet, a Netherland based company, has purchased 24,112,500 transferrable stock purchase warrants of Monument privately and exercised them at $0.50 per share.