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Westmoreland Coal Company (NasdaqGM: WLB) announced today the closing of the previously announced private offering of $425 million in aggregate principal amount of 10.75% Senior Secured Notes. The proceeds from the offering will be used primarily to pay the purchase price and related expenses for Westmoreland’s previously announced acquisition of [...]
Uranium Resources Inc. (Nasdaq:URRE) (“URI” or the “Company”) announced today that it has entered into a securities purchase agreement with certain institutional investors to sell approximately $10.3 million of its common stock in a registered direct offering. Under the terms of the securities purchase agreement, URI will issue an aggregate of [...]
Santa Barbara Resources announces that Rio Alto Mining has notified the Company of its election to withdraw from the agreement whereby Rio Alto was granted an option to earn and acquire up to a 66% interest in the Company’s Sancos gold property in Peru. As announced November 12, 2013, drill holes from the latest drill program at the Sancos Central [...]
TriStar Gold announces that it has entered into an amending agreement with the vendor of the Castelo de Sonhos property in Brazil to extend the due dates of the remaining payments to the vendor. Under the amending agreement, a payment of US$300,000 due in March of this year has been amended to three payments of US$100,000 each payable over the next [...]
Sunridge Gold Corp. (the “Company” or “Sunridge”) (SGC: TSX.V/SGCNF: OTCQX) is pleased to announce that it has executed a binding term sheet (the “Term Sheet”) with the Eritrea National Mining Corporation (“ENAMCO”) regarding ENAMCO’s participation in the Company’s Asmara Project in Eritrea. As first announced in August 2012, ENAMCO has exercised [...]
Hecla Mining Company (NYSE:HL) today announced it expects to release its fourth quarter and year-end 2013 financial results before market open on Wednesday, February 19, 2014. A conference call and webcast will be held Wednesday, February 19, at 10:00 a.m. Eastern Time to discuss these results. You may join the conference call by dialing [...]
Rare Element Resources Ltd. (NYSE MKT: REE and TSX: RES), a mineral resources company advancing development of the Bear Lodge Critical Rare Earth Project, announced today that Dr. James G. Clark, Vice President of Exploration, is returning to an advisory and consulting role with the Company after six years in his current executive position. This [...]
Wits Basin Precious Minerals Inc. provides the following updates from China Global Mining Resources: 1. Production and sales at the Xiaonanshan Iron Ore Mine. 2. Additional updates of information after Chinese New Year. Production and Sales. Residual raw iron ore production as a result of the rehabilitation program being conducted at XNS was [...]
Consolidated Goldfields announced that in connection with its 2014 Annual Meeting of Shareholders, it has reset the record date for the Annual Meeting to Monday, February 10. The date of the Annual Meeting and the date of Public Announcement for the Annual Meeting have not changed. The Company also announced that it entered into an agreement with [...]
Orosur Mining today announced that Mr. Eric Roth has resigned as a non-executive director of the Company. Mr. Roth has served as a non-executive director of Orosur since October 2012. He is resigning to focus his time and attention as CEO and President of Aegean Metals Group, a mineral exploration company focused on the acquisition and exploration [...]
Newmont Mining Corp. (NYSE: NEM) (“Newmont” or the “Company”) today announced preliminary 2013 operating results, which came in at the high end of production forecasts for the year. The Company also announced its 2014 outlook, and is projecting stable gold production, increased copper production, and continued capital and overhead reductions this [...]
Uranium Resources Inc. (Nasdaq:URRE) announced that its shareholders overwhelmingly approved the senior secured convertible loan agreement (Loan Agreement) for up to $15.0 million and the issuance of approximately 7.5 million shares of URI common stock related to the Loan Agreement at its Special Meeting of Shareholders held yesterday. URI closed [...]
