Uranium Resources, Inc. Announces Exercise of Over-allotment Option and close to Recent Public Offering

July 17, 2010 · Posted in News · Comment 

Uranium Resources, IncLewisville, Texas – Uranium Resources, Inc. (URRE 0.47, +0.03, +6.60%) (“URI”) announced today that Roth Capital Partners, the sole manager of its recent public offering of common stock, entirely made of their over-allotment option and purchased an additional 3,333,330 shares at a price of $ 0.42 per share. The sale of additional shares closed today. Read more

Blue Note Mining Management to Goldhawk Board Support

July 7, 2010 · Posted in News · Comment 

Blue Note Mining Inc.Montreal, Quebec and Vancouver, British Columbia – Blue Note Mining Inc. / quotes/comstock/11v! E: BNT (CA: BNT 0.08, 0.00, 0.00%) (“Blue Note”) and Gold Hawk Resources Inc. / quotes/comstock/11v! GHK (CA: GHK 1.14, +0.13, +12.87%) (“Gold Hawk”) jointly announce that Blue Note has withdrawn its call for Gold Hawk’s Board of Directors and will replace the incumbent board to support the forthcoming special and Annual General Meeting of Shareholders Goldhawk on 17/08/2010. Blue Note and Goldhawk will seek opportunities to work together to improve shareholder value for both companies. Read more

Sulliden Completes Final Mortgage Payment is Shahuindo Property

April 12, 2010 · Posted in News · Comment 

Sulliden Gold Corporation LtdLtdTORONTO, ONTARIO – Sulliden completes the final mortgage payment on the property Shahuindo. Sulliden Gold Corporation Ltd (“Sulliden”, the “Company”) (TSX: SUE) (OTCQX: SDDDF) is pleased to announce that it has completed a 7.5 million payment under the settlement agreement announced on March property Shahuindo May 2, 2009. To date, Sulliden paid a total of $ 10.0 million under the agreement and an additional $ 3.5 million in payments between May 2010 and March 2011. The payment of $ 7.5 million releases a mortgage that was held on and now provides Sulliden Shahuindo property unencumbered 100% ownership. Read more

Goldcorp Analyst Tour to Highlight Strong Progress at Penasquito

April 10, 2010 · Posted in Featured, Gold · Comment 

GOLDCORP INCGOLDCORP INC. (TSX:G)(NYSE:GG) is pleased to provide an update on recent operating milestones achieved at Peñasquito in advance of an upcoming analyst and investor tour of the mine in Zacatecas, Mexico.
Project Status Highlights
* Lead and zinc concentrate grade and quality meets or exceeds expectations.
* Mill throughput from first sulphide process line (Line 1) ramping up on or ahead of schedule. Read more

GLOBAL MARKETS-Japan leads world stock decline, Brent dips

World stocks slid to six weeks lows on Monday as the devastating toll of the earthquake in Japan, the tsunami and the nuclear crisis continued to unfold, raising fears for the impact on industries ranging from insurance to electricity generation.

Oil prices fell on expectations of slower demand from Japan, the world’s third largest economy and a major oil importer. Growing unrest in a Yemeni border Saudi Arabia, the world’s largest oil exporter, limited the decline in oil prices. (more…)

Australia to the effect or reducing the tax funds-paper

australian mining companyLONDON – The Australian Government plans to ASSESS the impact of the plan it resources to cope with the load lifting the threshold from Where It Would Kick in the Australian newspaper on ITS website on Wednesday. The newspaper was Canberra Said Preparing for the definition of a “super profits” into 11 or 12 percent from 6 percent after a strong campaign by mining companies. (more…)

Weekly Mining Report in Canada

The market performed in recent weeks in Canada. Financial reports fourth quarter in front of the stage before the Festival holiday Presidents of the United States on Monday and early Winter Olympics 2010 in Vancouver on Friday night. And, once all transactions must be done, the TSX Venture Exchange, home to junior exploration companies than anywhere else in the world, added 2.95 percent, while the TSX Gold Index had tacked on 1.27 percent. (more…)