Arian Silver Corporation (TSX VENTURE:AGQ) (AIM:AGQ) (PLUS:AGQ) (FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, announces that it has appointed Xcap Securities PLC, the Company's UK broker, as Agent in connection with a financing to raise £3,115,000 (before expenses) by way of a brokered placement of 17,305,547 common shares of the Company at 18p per common share.
AFRICAN QUEEN MINES LTD. has announced a non-brokered private placement offering to raise gross proceeds of up to CAD $4.875 million. Under the terms of the private placement, the Company will offer for sale up to 7,500,000 Units (the "Units") at CAD $0.65 per Unit.
Cayden Resources Inc. (TSX VENTURE:CYD) has announced that it has entered into an option agreement with La Camera Mining Inc., an Ontario corporation, to acquire its Mexican subsidiary which has a purchase right to buy the Morelos Sur gold property.
The proposed joint venture between BHP Billiton and Rio Tinto has finally been laid to rest in the face of regulatory opposition coming in from Europe and Asia. The joint venture located in Western Australia would have created the world's largest iron ore exporter.
The Mexican mining industry faces a new threat from drug cartels. According to the Mexico Mining Chamber some mining firms engaged in exploration in remote areas have shuttered some projects due to the rising costs of security. The isolated mountain regions in Mexico are where drug traffickers grow marijuana and heroin poppies.
Australian oil and gas exploration and production company Santos Ltd (ASX:STO) is on a mission to raise money. After a sale of 700 million Euros worth of hybrid notes last month it has priced an additional 300 million Euros worth of notes this month.
The Board of Guinness Exploration Inc., (OTC Bulletin Board: GNXP), announced today two significant agreements which set the stage for funding development of the Charlotte Project (formerly named the "Nantawa Project") in the Mount Nansen area of the Whitehorse Mining Division, of the Yukon Territory.
Lake Shore Gold Corp. (TSX:LSG) and Hochschild Mining plc (LSE:HOC) today announced that they have entered into an agreement with RBC Capital Markets, BMO Capital Markets and CIBC World Markets through which the Syndicate will purchase 109,000,000 of the common shares of Lake Shore Gold held by Hochschild, on a bought deal basis, at a price of C$3.60 per share for sale to the public.
ION Geophysical Corporation (NYSE: IO) today announced that it has acquired 6,500 km of regional seismic data for sponsoring E&P clients in the Danmarkshavn basin offshore Northeast Greenland, adding to the 5,300 km of data the company acquired there last season.
The U.S. Department of Labor's Mine Safety and Health Administration today announced the release of a proposed rule on lowering miners' exposure to respirable coal dust in all underground and surface coal mines. The proposed rule is the latest element of MSHA's "End Black Lung – Act Now" campaign.
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