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USEC Inc. (NYSE:USU) has reached an agreement with a majority of the holders of its senior convertible notes on the terms of a financial restructuring plan that will strengthen the company’s balance sheet, enhance its ability to sponsor the American Centrifuge project and improve its long-term business opportunities. Under the terms of the [...]
Teslin River Resources in accordance with the termination provisions in its Option Agreement dated November 21, 2011 with Eureka Resources with respect to Eureka’s Frasergold Property, has provided written termination notice to Eureka subject to the provisions of Article 10 and Sections 6.03(e), 7.05 and 8.03 of the Agreement and recognizing it has [...]
Coeur Mining Inc. (“Coeur” or the “Company”) (NYSE: CDE, TSX: CDM) announced the completion of its acquisition of Global Royalty Corp. (“Global Royalty“) pursuant to its previously announced agreement. In connection with today’s closing of the transaction, which was implemented through Coeur’s recently-formed, wholly-owned subsidiary, Coeur [...]
Americas Bullion Royalty is pleased to announce that on December 11, 2013, Silver Predator completed the exercise of its option to purchase 100% of the Taylor silver project in eastern Nevada, USA from AMB. In connection with the exercise of the option, the Company received an additional 6,283,333 SPD common shares at a deemed price of $0.03 per [...]
Consolidated Goldfields is pleased to announce that the 2013 sampling and mapping program conducted at the Klondike Pass project has been concluded with positive results. Located 20 miles south of the town of Winnemucca, Nevada, the Willow Creek Mining District is responsible for over 5,000 ounces of placer gold and substantial amounts of lode gold [...]
Rare Element Resources Ltd. (the “Company”) (NYSE MKT: REE and TSX: RES), a mineral resources company advancing development of the Bear Lodge Critical Rare Earth Project, announced today that Paul H. Zink, former president of International Royalty Corporation and Eurasian Capital and a previous board member of the Company, has been appointed Senior [...]
USEC Inc. (NYSE: USU) today shipped the last cylinders of low enriched uranium under the Megatons to Megawatts program from the Port of Baltimore to its facility in Paducah, Ky. Since 1995, USEC has purchased more than 14,000 metric tons of low enriched uranium downblended from 500 metric tons of weapons-grade uranium that has been extracted from [...]
Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: USEC ACHIEVES AMERICAN CENTRIFUGE RD&D MILESTONES USEC Inc. (NYSE:USU) announced that over this past weekend a full production-scale cascade of 120-machines achieved 20-machine years of operations at commercial plant [...]
USEC Inc. (NYSE:USU) announced that a demonstration cascade of 120-machines has operated at commercial plant specifications for 20-machine years. During that performance run, USEC successfully completed the final three milestones set by the Department of Energy (DOE) for the American Centrifuge research, development and demonstration (RD&D [...]
As a result of a review of the technical disclosure of Kalimantan Gold Corporation Limited (the “Company”) (TSX-V:KLG) by the British Columbia Securities Commission, the Company is issuing this press release to clarify certain of its recently published technical disclosure on the Company’s website at www.kalimantan.com and in material distributed [...]
Orosur Mining is pleased to announce strong operating results for its second quarter ending 30 November 2013. HIGHLIGHTS: 14,829 oz of gold, ahead of Company’s expectations for the Quarter US$761/oz cash costs (2014 guidance of US$850 - US$925/oz and US$1,215/oz in Q2 2012) Production 6% higher and costs 37% lower than Q2 2013 Additional 40,000 oz [...]
