Greencastle Resources Ltd. ("Greencastle" or the "Company") is pleased to report that Rainbow Resources Inc. ("Rainbow") has completed a comprehensive review of all available technical data associated with the Jewel Ridge property near Eureka, Nevada. This review resulted in several promising drill targets being identified on the property that Rainbow plans to follow up.
Energy Fuels Inc. (“Energy Fuels” or the “Company”) and Strathmore Mineral Corp. (“Strathmore”) today provided an update regarding the previously announced transaction (the “Transaction”) whereby Energy Fuels proposes to acquire all of the issued and outstanding shares of Strathmore Minerals Corp. by way of a plan of arrangement (the “Arrangement”).
Gabriel Resources Ltd. ("Gabriel" or the "Company") is pleased to announce that the Romanian Government ("Government") has approved draft legislation relating to the Rosia Montana Project ("Project"). If adopted by the Romanian Parliament ("Parliament") in its next session, commencing September 2, 2013, this legislation will set the framework to significantly accelerate the development of Europe's largest gold mine at Rosia Montana and other mining projects in Romania.
Prophecy Coal Corp. (“Prophecy” or the Company”) is pleased to announce that in the last 60 days, it has entered into binding coal sales contracts with a number of buyers which will involve the sale of over 30,000 tonnes of coal per month (annualized rate of over 360,000 tonnes) from the Company’s Ulaan Ovoo mine.
Mexus Gold US, and its subsidiary, Mexus Enterprises, S.A. de C.V., negotiated a new agreement covering the San Felix Mine. The company also entered a joint venture agreement with Atzek Mineral S.A. de C.V., a well-known Mexican mining exploration and mineral evaluation company, for participation in mining operations of the Mexus–Atzek Mine (formerly named Trinidad Mine).
Anaconda Mining Inc. ("Anaconda" or "the Company") - is pleased to announce that, pursuant to the stock purchase agreement dated December 7, 2011 ("SPA"), between Inversiones La Veta SpA ("La Veta"), a wholly owned subsidiary of Anaconda, and Hierro Tal Tal S.A. ("Tal Tal"), Tal Tal has achieved commercial production on its first producing iron ore property and made its first shipment of iron ore concentrate on August 10, 2013.
Northern Graphite Corporation announces that the Ministry of Northern Development and Mines ("MNDM") has accepted the Company's Mine Closure Plan ("MCP") for filing and that the Company has been granted a mining lease for the Bissett Creek project. This effectively means the Company can start construction, subject to the availability of financing.
The management of Vanstar Mining Resources Inc. announced the resumption of its work on the Nelligan property, located in the Chapais-Chibougamau area, in Northern Quebec.
Copper One Inc. ("Copper One" or the "Company") has completed the sale of all of the shares of its wholly-owned subsidiary, Copper One USA, Inc. ("Copper One USA"), to Cornerstone Metals Inc. ("Cornerstone"). Copper One USA owns the Lone Mountain and Mimbres properties in New Mexico and the West Jerome, Twin Peaks, West Safford and Teague Springs properties in Arizona.
Gold Fields Limited (Gold Fields) today announced that it has entered into a binding sale and purchase agreement with Barrick Gold Corporation (Barrick) to acquire its interests in the Granny Smith, Lawlers and Darlot gold mines (collectively the Yilgarn South Assets) in Western Australia, for a consideration of US$300 million, subject to downward working capital adjustments to a maximum of US$30 million.
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