Marketwire - Mining and Metals

Duncan Park closes financing

Posted on May 22, 2012

Duncan Park is a Toronto-based mineral exploration company exploring for gold and other precious metals in Ontario's prolific Red Lake gold mining district.

Cardero and Ridley Terminals announce long-term port allocation for Carbon Creek

Posted on May 22, 2012

Contract volume is set at 500,000 tonnes per annum ("tpa") through 2014, increasing to 900,000 tpa in 2015.

Gold Dynamics site visit on Hoyle North Gold property

Posted on May 21, 2012

The Hoyle North property is contiguous to the Goldcorp property to the south which is the Hoyle Pond deposit where over 2.5 million ounces of gold have been mined since 1985.

Silver Falcon Mining, Inc. projects $4.5m profit from precious metal mining business

Posted on May 21, 2012

SFMI projects from financial calculations a profit of $4,500,000 from gold and silver being generated from processed tailings at the Diamond Creek Milling facility.

UN confers highest humanitarian and leadership awards on Handeni Gold chairman

Posted on May 21, 2012

Handeni Gold Inc. is pleased to announce that Dr Reginald Mengi, non-executive Chairman of Handeni Gold was recently honoured by the United Nations with two major awards: the United Nations NGO Lifetime Achievement Award and the 2010 Global Leadership and Humanitarian Award.

First Nickel closes a US$10 million loan facility with the Bank of Nova Scotia

Posted on May 19, 2012

First Nickel Inc. ("First Nickel", "FNI" or the "Company") (TSX:FNI) is pleased to announce that it has entered into a US$10 million revolving credit facility with The Bank of Nova Scotia ("BNS facility") with an initial 2 year term. 

Great Western Minerals Group clarifies escrow condition

Posted on May 18, 2012

As part of the Company's vertical integration strategy, GWMG also holds 100% equity ownership in Rare Earth Extraction Co. Limited, which owns a 74% equity interest in the Steenkampskraal Mine.

Silvercorp Reports Record Silver Production of 5.6 Million Ounces, Record Revenue of $238.0 Million, Record Net Income of $73.8 Million, & Record Cash Flows of $123.8 Million for Fiscal Year 2012

Posted on May 17, 2012

Astur Gold submits environmental impact assessment

Posted on May 17, 2012

Astur Gold Corp. (TSX-V: AST, Frankfurt: CDC) ("Astur Gold" or the "Company") announces the submission of the Environmental Impact Assessment ("EIA") to the General Directorate of Mines of the Principality of Asturias.

CaNickel to suspend blasting and mill operations

Posted on May 16, 2012

CaNickel Mining Ltd. ("CaNickel" or the "Company") (TSX:CML) reports that the Company has received a stop work order from Manitoba's Workplace Safety and Health Division to cease blasting operations at the Company's Bucko Lake nickel mine.