• Rio Tinto approves US$1.9 billion Amrun (South of Embley) bauxite project

    Rio Tinto will expand output from one of the world’s premier bauxite deposits following approval of the $1.9 billion Amrun project. Amrun involves the construction of a bauxite mine and associated processing and port facilities on the Cape York Peninsula in north Queensland. The planned initial output is 22.8 million tonnes a year1, replacing production from the depleting East Weipa mine and increasing annual bauxite exports Read More

  • Endeavour Mining Completes La Mancha Transaction

    VANCOUVER, Nov. 27, 2015 /CNW/ - Endeavour Mining Corporation ("Endeavour Mining") (TSX:EDV) (ASX:EVR) (OTCQX:EDVMF) announces the completion of the transaction with La Mancha Holding S.àr.l., a privately-held gold investment company held by the Sawiris family group. This partnership secures Endeavour Mining's platform for growth in Africa, while also strengthening the balance sheet. Endeavour Mining is now: Producing gold at 580 koz/yr from 5 mines in 4 countries Read More

  • International Millennium Mining Corp. Reports Third Quarter Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES International Millennium Mining Corp. ("IMMC" or the "Company") (TSX VENTURE:IMI) reports results for its third quarter ended September 30, 2015. Summary of 3rd Quarter Results 3rd Quarter Fiscal 2015 3rd Quarter Read More

  • West Kirkland Obtains Federal Permit to Construct and Operate Three Hills Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - West Kirkland Mining Inc. (TSX VENTURE:WKM) ("West Kirkland") announces receipt of a Decision Record (DR) and Finding of No Significant Impact (FONSI) for the Environmental Assessment (EA) of the Three Hills Mine Project located approximately one mile west of Tonopah in Esmeralda County, Nevada. The DR signifies completion of the National Environmental Policy Act (NEPA) and EA process, and is Read More

  • CanAlaska: Drilling to Commence at Patterson West, Current Financing Postponed

    Vancouver, British Columbia--(Newsfile Corp. - November 27, 2015) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) "the Company" announces that it has been informed by Makena Resources that drilling crews are on site, and drilling is about to commence at the Patterson West project. Drilling will test an intense 1.5 km by 0.5 km gravity anomaly situated along a major geological domain boundary. Peter Dasler, CanAlaska's Read More

  • Coro Announces Nora Plant Commissioning, Receipt of Convertible Debenture Tranche 2 Funds & Drill Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce that its subsidiary, SCM Berta ("SCMB") has completed the remediation and refurbishment of its Nora SXEW plant, located in the III Region of Chile. Key management positions have been filled and plant commissioning is nearing completion with crushing, agglomeration, stacking and testing of fluid flows in progress. SCMB Read More

  • Scorpio Gold Reports Financial Results for Third Quarter of 2015

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE:SGN) is pleased to announce its financial results for the third quarter ended September 30, 2015 ("Q3"). This press release should be read in conjunction with the Company's condensed consolidated interim financial statements for Q3 of 2015 and Management Discussion & Analysis for the same period, available on the Company's website Read More

  • Potash Ridge Announces Closing of Private Placement

    TORONTO, ONTARIO--(Marketwired - Nov. 27, 2015) - Potash Ridge Corporation ("Potash Ridge" or the "Corporation") (TSX:PRK)(OTCQX:POTRF) is pleased to announce the closing of the non-brokered private placement offering of units (the "Units"), that was previously announced on November 16, 2015, at a price of $0.03 per Unit, for gross proceeds of $600,000 (the "Private Placement"). Each Unit is comprised of one common share in the capital of the Read More

  • Metanor Reports Its Financial and Operational Results for the Quarter Ended September 30th 2015

    VAL-D'OR, QUEBEC--(Marketwired - Nov. 27, 2015) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) reports its financial results for the quarter ended September 30th 2015 (Q1 2016). This press release should be read in conjunction with Metanor's financial statement for the year ended September 30th 2015 and related Management's Discussion and Analysis (MD&A), which can be found on the Company website or on SEDAR All amounts are Read More

  • Mawson Announces Results of Annual General and Special Meeting of Shareholders

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Mawson Resources Limited ("Mawson") (TSX:MAW)(FRANKFURT:MXR)(OTC PINK:MWSNF) announces the voting results from the Company's Annual General and Special Meeting of Shareholders held on Friday, November 27, 2015 (the "Meeting"). A total of 45,498,233 common shares were voted, representing 61.20% of the Company's issued and outstanding common shares. Shareholders voted in favor of maintaining the number of directors at seven (7) and Read More

  • Copper Fox Responds to Alleged Wrongful Dismissal Claim

    CALGARY, ALBERTA--(Marketwired - Nov. 27, 2015) - Copper Fox Metals Inc. (TSX VENTURE:CUU) announces that former interim CFO; C. Henderson has filed suit against the Corporation for wrongful dismissal. The Company believes the allegations set out in the Statement of Claim to be without merit. The Company will vigorously defend itself against this claim and is presently considering all available actions that it may take in order to Read More

  • West High Yield Releases Financial Results and Holds Annual General Meeting

    CALGARY, ALBERTA--(Marketwired - Nov. 27, 2015) - West High Yield (W.H.Y.) Resources Ltd. ("West High Yield" or the "Company") (TSX VENTURE:WHY) announces the release of its financial results and Management Discussion and Analysis ("MD&A") for the nine months ended September 30, 2015. The unaudited interim condensed financial statements and related MD&A for the nine months ended September 30, 2015 have been filed with Canadian securities regulatory authorities on Read More

  • Getty Copper Inc. announces it has completed the unitization of the Getty Properties

    VANCOUVER, Nov. 27, 2015 /CNW/ - Getty Copper Inc. (TSXV: "GTC") ("Getty" or the "Company") today announced that further to its news release dated September 24, 2015 and the agreement dated September 22, 2015, among Getty, Robak Industries Ltd. ("Robak") and Getty Mineral Holdings Ltd. ("Holdings"), the Company has completed the unitization of the Getty property and the Getty South property (collectively, the "Getty Properties"). As a Read More

  • Galantas Reports Results for the Three and Nine Months Ended September 30, 2015

    TORONTO, ONTARIO--(Marketwired - Nov. 27, 2015) - Galantas Gold Corporation (TSX VENTURE:GAL) (AIM:GAL) (the 'Company') is pleased to announce its unaudited financial results for the three and nine months ended September 30, 2015. Financial Highlights Highlights of the 2015 third quarter's and first nine months results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars (CDN$) Third Quarter Ended September 30 Nine Read More

  • Marathon Gold Announces Closing of Flow-Through Financing

    TORONTO, ON--(Marketwired - November 27, 2015) - Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ) announced today that it has closed a non-brokered private placement financing. Marathon issued a total of 5,369,110 flow-through shares at a price of $0.20 per share, for aggregate gross proceeds of $1,073,822. The proceeds from this financing will be expended on qualifying Canadian Exploration Expenses ("CEE") related to Marathon's Valentine Gold Camp Read More

  • Pasinex Resources Announces Nine Month 2015 Financial Results

    Toronto, Ontario--(Newsfile Corp. - November 27, 2015) - Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") announced the release of their financial results for the nine months ended September 30, 2015. The Company's condensed interim consolidated financial statements and management discussion and analysis (MD&A) for the period have been filed with SEDAR and are available at and on the Company's website at This Read More

  • NV Gold to Sell Properties and Repay Debt

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - NV Gold Corporation (TSX VENTURE:NVX) (the "Company") announced today that it and its wholly-owned Nevada subsidiary, NV Gold Corporation (USA) (NVX US"), have entered into an Asset Purchase and Sale and Debt Repayment Agreement (the "Agreement") with Mr. John E. Watson, the Company's President and CEO. Under the Agreement: NVX US will sell its Afgan-Kobeh Property (the "Afgan Property") to Read More

  • Avalon Announces Voluntary Delisting From NYSE MKT

    TORONTO, Nov. 27, 2015 (GLOBE NEWSWIRE) -- Avalon Rare Metals Inc. (TSX:AVL) (NYSE MKT:AVL) ("Avalon" or the "Company) announces its intention to file a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) with the U.S. Securities and Exchange Commission (the "SEC") to voluntarily withdraw its common shares from listing on the NYSE MKT LLC ("NYSE MKT"). Read More

  • Equitas Grants Stock Options

    VANCOUVER, Nov. 27, 2015 /CNW/ - Equitas Resources Corp. (TSXV: EQT) (FSE: T6UN) (OTCMKTS: EQTRF) ("Equitas" or the "Company") announces the issuance to directors and officers a total of 2,000,000 incentive stock options. Subject to the approval of the TSX Venture Exchange, each stock option is exercisable into one common share of the Company at a price of $0.15 per share for a period of 5 years, Read More

  • Jet Metal Appoints President & CEO

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Jet Metal Corp. (TSX VENTURE:JET)(OTCQB:JETMF) (the "Company" or "Jet Metal") announces that Mr. Jim Crawford has resigned as President & CEO of the Company, effective immediately. Mr. Crawford has been with the Company since September 2012 and the Board thanks him for his efforts during this time. Mr. Mark J. Morabito has been appointed as President & CEO. Mr. Morabito Read More

  • Arian Silver Signs Settlement Deed with Quintana

    LONDON, UK, Nov. 27, 2015 /CNW/ - Arian Silver Corporation ("Arian" or the "Company"), a silver mining company focussed on silver projects in the silver belt of Zacatecas, Mexico, announces that further to its announcement on 29 October 2015 of the termination of the letter of intent and non-binding term sheet with Quintana AGQ Holding Co. LLC, it has now signed an acknowledgement of the Default Notice Read More

  • Orla Mining Grants Incentive Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Orla Mining Ltd. (TSX VENTURE:OLA), ("Orla" or the "Company") announces that the board of directors has authorized the grant of an aggregate of 1,535,000 incentive stock options (the "Options") to directors, officers, and consultants of Orla Mining, at an exercise price of $0.15 per share. The Options are exercisable for a five-year period from the date of grant and will Read More

  • Asiamet’s Third Quarter Results 2015

    Vancouver, British Columbia (FSCwire) - The unaudited Interim Consolidated Financial Statements and the management discussion and analysis (the “MD&A”) of Asiamet Resources Limited (formerly Kalimantan Gold Corporation Limited) (the “Company”, “Asiamet” or “ARS”) for the third quarter ended September 30, 2015, are available for viewing on and Overview The strategic vision of Asiamet is to build a leading Asia Pacific Copper-Gold Company leveraging the collective Read More

  • Copper Lake Announces Debt Settlement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Copper Lake Resources Ltd. (TSX VENTURE:CPL)(FRANKFURT:WO1) ("Copper Lake" or the "Company") announces that it has settled a total of $396,692 of debt (the "Indebtedness") with a creditor that is at arm's length to the Company (the "Debt Settlement"). The creditor has agreed to accept units (the "Units") in the capital of the Company at a deemed price of $0.05 per Read More

  • Southern Arc First Quarter Financial Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Southern Arc Minerals Inc. (TSX VENTURE:SA) ("Southern Arc" or the "Company") has released the results of its first quarter ended September 30, 2015. All amounts are in Canadian dollars unless otherwise stated. FINANCIAL SNAPSHOT September 30, 2015 June 30, 2015 June 30, 2014 Total assets $ 6,809,915 $ 5,685,639 $ 9,423,679 Exploration properties 102,068 102,068 102,068 Working capital 5,915,712 (386,509 ) 2,677,476 Comprehensive income Read More

  • Gold Standard Announces Grant of Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Gold Standard Ventures Corp. (TSX VENTURE:GSV)(NYSE MKT:GSV) ("Gold Standard" or the "Company") ( announced today that pursuant to its stock option incentive plan, the Company today has granted certain employees, directors and consultants incentive stock options to purchase 3,650,000 common shares of the company at $0.73 for a period of 5 years. The stock options are subject to the terms Read More

  • Strategic Metals Ltd. Announces Acquisition of Additional Securities of Precipitate Gold Corp.

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 27, 2015) - Strategic Metals Ltd. (TSX VENTURE:SMD) ("Strategic") announces that on November 26, 2015 it purchased 10,000,000 units of Precipitate Gold Corp. ("Precipitate") at a price of $0.08 per unit pursuant to a private placement for total cash consideration of $800,000. Each unit consisted of one common share and one share purchase warrant, with each share purchase warrant entitling Strategic to purchase Read More

  • Zara Files Revised MDA and Financial Statements

    Toronto, Ontario (FSCwire) - Zara Resources Inc (CSE:ZRI) (“Zara” or “the Company”) announces that, as a result of review by staff of the Ontario Securities Commission, we are issuing the following news release to clarify our disclosure. Certain matters concerning related party transactions and the naming of a qualified person responsible for technical disclosures, and the impairment of investment in preferred shares have been revised in the Read More

  • Xmet Provides a Year End Update

    TORONTO, ONTARIO--(Marketwired - Nov. 27, 2015) - Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE:XME) is pleased to provide a year end update on the status of the Company and its properties. Blackflake. As disclosed in our News Release dated June 19th, 2015, the Blackflake West's drill program intersected a VMS system with anomalous zinc and copper values. The program was completed over only a small portion of Read More

  • Canada Strategic Metals Inc.: Early Warning Report

    MONTREAL, QUEBEC--(Marketwired - Nov. 27, 2015) - Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) announces that it has acquired ownership of 1,000,000 common shares (the "Shares") of Stem 7 Capital Inc. (the "Issuer") in connection with a shares for debt settlement of the Issuer with a number of its creditors (the "Transaction"). See press release of the Issuer dated November 24th, 2015, for Read More

  • Satori Cancels Stock Options

    Toronto, Ontario--(Newsfile Corp. - November 27, 2015) - Satori Resources Inc. (TSXV: BUD) ("Satori" or the "Company") announces that all optionees validly holding outstanding stock options have agreed to early expire and terminate all previously granted outstanding stock options of the Company (502,500 stock options), all of which have exercise prices ranging from $0.50 to $1.00 (stock options and exercise prices are reflective of the Company's share consolidation Read More

  • Goldcorp Reports Fatality at its Musselwhite Mine

    VANCOUVER, Nov. 26, 2015 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) today reported a fatal accident at its Musselwhite mine in Northern Ontario. Early Wednesday morning a scoop operator was working underground when an unexpected fall-of-rock occurred. The company immediately dispatched first responders and initiated search and rescue operations, however, the scoop was completely covered with material, which led to the fatal injury. "We are all Read More

  • Talon Metals Secures All Funding Required to Earn an Interest in the Tamarack Project

    ROAD TOWN, BRITISH VIRGIN ISLANDS--(Marketwired - Nov. 26, 2015) - Talon Metals Corp. ("Talon" or the "Company") (TSX:TLO) is pleased to announce that it has entered into definitive agreements with Resource Capital Fund VI L.P. ("RCF") and an amending agreement and debt settlement agreement with Kennecott Exploration Company ("Kennecott"), a subsidiary of the Rio Tinto Group, whereby Talon will receive US$15 million from RCF to be used by Read More

  • Atalaya Mining plc Operations Update and Quarterly Financial Statements

    NICOSIA, CYPRUS--(Marketwired - Nov 26, 2015) - Atalaya Mining plc (AIM: ATYM) (TSX: AYM), the Europe-based minerals development and exploration company, is pleased to provide an operations update and to announce its unaudited quarterly results for the three and nine months ended 30 September 2015, together with the unaudited, condensed interim consolidated Financial Statements. Having received the final permitting component required to initiate mining activities at the Riotinto Read More

  • Michigan Department of Environmental Quality Determines Aquila's Permit Application for its Back Forty Project is Administratively Complete

    TORONTO, Nov. 26, 2015 /CNW/ - Aquila Resources Inc. (TSX: AQA) ("Aquila") announced today that it has received notice from the Michigan Department of Environmental Quality ("DEQ") stating that it has performed an initial review of the Mine Permit Application ("Application") for the Company's Back Forty Project under the requirements of Part 632, Nonferrous Metallic Mineral Mining, of the Natural Resources and Environmental Protection Act, 1994 PA Read More

  • Pasinex Resources Announce Next Lot Sale of 1478 Tonnes of 38% Zinc Mineral Product from Pinargozu Mine

    Toronto, Ontario--(Newsfile Corp. - November 26, 2015) - Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") today announced that Horzum A.S., a 50 / 50 joint venture company between Pasinex and Turkish mining house Akmetal A.S., has completed another lot sale of 1478 tonnes wet weight (1402 tonnes dry weight) of high grade zinc mineral material (at approximately 38% Zn) from its Pinargozu zinc mine in Read More

  • Lake Shore Gold Issues 6,900,000 Flow-Through Common Shares Priced at $1.45 Per Share

    TORONTO, ONTARIO--(Marketwired - Nov. 26, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Lake Shore Gold Corp. (TSX:LSG) (NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today announced the completion of a non-brokered private placement of 6,900,000 flow-through common shares ("Flow-Through Shares") sold at a price of $1.45 per Flow-Through Share for gross proceeds of $10,005,000. The funds raised from Read More

  • Macarthur Minerals' Shareholders Approve the Sale of Western Australian Iron Ore Projects

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Macarthur Minerals Limited (TSX VENTURE:MMS)(OTCQX:MMSDF) (the "Company" or "Macarthur") is pleased to announce that its shareholders have resolved to sell Macarthur Iron Ore Pty Ltd, the Company's wholly owned subsidiary that owns the Western Australian iron ore projects, for A$6 million, at an Extraordinary General Meeting of the Company held today in Australia. Macarthur Minerals' Chairman, Earl Evans commented that, Read More

  • Great Atlantic Confirms Additional Tungsten Anomalies at the South Quarry Tungsten Project Newfoundland Canada

    Vancouver, British Columbia (FSCwire) - GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received analyses for soil samples collected during the summer at its South Quarry Tungsten Project, located in east-central Newfoundland. The South Quarry Project covers an area of approximately 3160 hectares. During the work program conducted in August 2015, 490 soil samples were collected throughout the property. Read More

  • Merrex Gold - IAMGOLD Corporation Shareholding in Merrex Increased to 25.20%

    HALIFAX, NOVA SCOTIA / TheNewswire / November 25, 2015 - Greg Isenor, President and CEO of Merrex Gold Inc., ("Merrex" or the "Company") (TSX Venture: MXI) is pleased to announce that IAMGOLD Corporation ("IAMGOLD") has increased its equity position in the Company to 25.20%. Share Placement with IAMGOLD CorporationMerrex has concluded a shares-for-debt settlement with the Siribaya Joint Venture project operator IAMGOLD Corporation and issued 21,473,838 shares at $0.154 Read More

  • Golden Hope Mines to Advance Geological, Environmental and Engineering Work at Bellechasse-Timmins Gold Project

    Toronto, ON / TheNewswire / November 26, 2015 - Golden Hope Mines Limited - TSX VENTURE: GNH Pink Sheets: GOLHF Frankfurt: 6G01 (the "Company") announces the following with respect to its 100% owned Bellechasse-Timmins Gold Project (the "Project"). The Company is in discussions with geological, engineering and environmental experts, and expects to provide additional information in the coming weeks on the consultants and contractors selected by the Company to advance Read More

  • Bacanora Announces New Director Appointment

    CALGARY, ALBERTA--(Marketwired - Nov. 26, 2015) - BACANORA MINERALS LTD. ("Bacanora" or the "Company") (TSX VENTURE:BCN)(AIM:BCN). The Board of Directors of Bacanora is pleased to announce the proposed appointment of Mark Hohnen as a Director of Bacanora, subject to regulatory approval and finalization of the terms of his appointment. Mr. Hohnen brings with him experience in the Japanese, Chinese and Korean markets, all of which play a significant Read More

  • Terraco Gold Corp. Grants Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Terraco Gold Corp. (TSX VENTURE:TEN) ("Terraco" or the "Company") is pleased to announce that, pursuant to its Stock Option Plan and subject to regulatory acceptance, it has granted an aggregate total of 4,050,000 incentive stock options to certain directors, officers, employees and consultants of the Company, subject to certain vesting provisions. These options will be exercisable at a price of Read More

  • Precipitate Announces Closing of $800,000 Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Precipitate Gold Corporation (the "Company" or "Precipitate" or "PRG") (TSX VENTURE:PRG) announces that further to its news release dated November 19, 2015, it has received TSX Venture Exchange approval to close its 10,000,000 unit private placement (the "Private Placement") with Strategic Metals Ltd. The Company has raised $800,000 and issued 10,000,000 units at $0.08 per unit. Each unit consists of Read More

  • Victoria Gold Completes Flow-Through Private Placement Financing to Drill High Priority Olive and Shamrock Targets

    TORONTO, ON--(Marketwired - November 26, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.Victoria Gold Corp. (TSX VENTURE: VIT) "Victoria" or the "Company" is pleased to announce that it has completed a non-brokered private placement (the "Financing") through the sale of 10,329,164 flow-through common shares (the "Flow-Through Common Shares") at a price of $0.17 per share to raise gross proceeds of Read More

  • Pinetree Capital Announces January $3 Million Partial Redemption of Convertible Debentures, With $1 Million to Be Paid in Shares

    TORONTO, ONTARIO--(Marketwired - Nov. 26, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Pinetree Capital Ltd. (TSX:PNP)(TSX:PNP.DB) announces that it is once again exercising its right to partially redeem Pinetree's 10.0% Convertible Secured Debentures due May 31, 2016 (the "Debentures"), in accordance with the terms of the indenture governing the Debentures. On January 8, 2016 (the "Redemption Date"), Pinetree Read More

  • Hornby Bay Announces Grant of Stock Options

    TORONTO, ONTARIO--(Marketwired - Nov. 26, 2015) - Hornby Bay Mineral Exploration Ltd. (the "Company") (TSX VENTURE:HBE) announces that it has granted an aggregate of 2,900,000 options to purchase common shares of the Company exercisable at a price of $0.10 per share for a period of 3 years to directors, officers, consultants and employees of the Company. The common shares issuable upon exercise of the options are subject to Read More

  • Globex Announces Closing of $1.1 Million Private Placement and Exploration

    ROUYN-NORANDA, QUÉBEC--(Marketwired - Nov. 26, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES, OR DISSEMINATION IN THE UNITED STATES GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(STUTTGART:G1M)(BERLIN:G1M)(MUNICH:G1M)(XETRA:G1M)(OTCQX:GLBXF) is pleased to announce that it has completed a private placement by issuing 2,537,285 "flow-through" units to subscribers in Québec at a price of $0.35 per unit, for gross proceeds to Globex of $888,050, and 666,666 "flow-through" units at a price of Read More

  • Pancon Closes Sale of its Crossland JV Interest to Essential Mining Resources

    TORONTO, ONTARIO--(Marketwired - Nov. 26, 2015) - NOT FOR DISSEMINATION INTO THE USA Pancontinental Uranium Corporation (TSX VENTURE:PUC) ("Pancon" or the "Company") reports that further to its October 7, 2015 news release, the sale of the Company's entire interest (43.72%) in the Joint Venture with Crossland Strategic Metals Limited ("Crossland"), of Australia, to Essential Mining Resources PTY Ltd. ("EMR") has been closed. To facilitate closing, the Company's shareholders Read More

  • Saint Jean Carbon Prepares for the Future Air Batteries

    OAKVILLE, ONTARIO--(Marketwired - Nov. 26, 2015) - Saint Jean Carbon Inc. ("Saint Jean" or the "Company") (TSX VENTURE:SJL), a carbon sciences company engaged in the development of natural graphite properties and related carbon products, is pleased to announce they have entered into an nonbinding and non-arm's length agreement to acquire the past producing Glen Almond quartz mine in Quebec. Saint Jean feels it is strategic and falls in Read More

  • Millrock Purchases Batamote Copper Project, Sonora, Mexico

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock") announces that it has entered into an agreement under which it has purchased the Batamote copper project from Minera Teck S.A. de C.V. ("Minera Teck"), ultimately a subsidiary of Teck Resources Limited ("Teck"). The property is located approximately 100km northeast of the city of Hermosillo. It is situated between the La Caridad and the Read More

  • Reservoir Capital Corp.: Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) ("Reservoir" or the "Company") announces the resignation of Christopher MacIntyre as Vice President, Corporate Development. The Company takes this opportunity to thank Mr. MacIntyre for his years of excellent service as a key member of the Company's management team and wishes him the very best in his future pursuits and endeavors. About Reservoir Reservoir is Read More

  • Nautilus Minerals: Board Visits Shipyard and Vessel Update

    TORONTO, ONTARIO--(Marketwired - Nov. 26, 2015) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF) (the "Company" or "Nautilus") announces that today its Board members were in attendance at the shipyard of Fujian Mawei Shipbuilding Ltd to see the progress that has been made on its Production Support Vessel (PSV). The PSV is to be chartered by Nautilus and its PNG partner, Eda Kopa (Solwara) Limited, from Marine Assets Corporation. It will Read More

  • Change of Company Name to Avenira Limited

    PERTH, WESTERN AUSTRALIA--(Marketwired - Nov. 26, 2015) - Minemakers Limited (ASX:MAK) ('Minemakers' or the 'Company') is pleased to announce that, following shareholder approval at the Company's recent Annual General Meeting and receipt of a new Certificate of Registration from ASIC, the Company has changed its name to Avenira Limited ('Avenira') with immediate effect. Managing Director Cliff Lawrenson commented: "The Company has undergone a significant transformation over the past Read More

  • GFK Resources Announces Board Changes, New CEO

    MONTREAL, QUÉBEC--(Marketwired - Nov. 26, 2015) - GFK Resources Inc. (TSX VENTURE:GFK) (the "Corporation" or "GFK") announces the appointment of Louis Morin as Chief Executive Officer and Director of the Corporation. Mr. Morin has been active in the financial sector for the past 30 years, including executive and advisory roles with major Canadian brokerage firms. Prior to his financial industry involvement, Mr. Morin was involved in major civil Read More

  • Canadian Platinum Corp. - Option Grant to Directors and Management

    November 26, 2015 / TheNewswire / Saskatoon, SK - Canadian Platinum Corp. ("CPC" or the "Company") (TSXV: CPC) announced the granting of incentive stock options to directors and management totaling 8,000,000 common shares, effective November 26, 2015. The options are priced at $0.05 per share and are vesting on March 26, 2016, and expire on November 26, 2025. The options are governed by the Company's Stock Option Plan approved Read More

  • Northquest Ltd. Announces Exercise of Warrants

    Toronto, Ontario / TheNewswire / November 26, 2015. Northquest Ltd. (TSX-V:NQ) ("Northquest") announces that Nord Gold N.V. (LSE: NORD) ("Nord Gold"), has exercised an aggregate of 17,500,000 share purchase warrants of Northquest (the "Warrants"). Of this total, 5,000,000 Warrants have been exercised at a price of $0.27 per share, 11,111,111 Warrants have been exercised at a price of $0.30 per share, and 1,388,889 Warrants have been exercised at Read More

  • Iberian Minerals Relocates Corporate Head Office to Edmonton, Alberta

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DENVER--()--Royal Gold, Inc. (NASDAQ: RGLD; TSX: RGL) (“Royal Gold” or the “Company”) provides an operational update for its streaming and royalty interests at Mount Milligan, Phoenix and Voisey’s Bay, as well as an update on the status of its streaming transaction with Golden Star Resources Ltd. (“Golden Star”) and its Peak Gold Joint Venture (“Peak Gold”).

Mount Milligan Mine

For the quarter ended June 30, 2015, the Company’s wholly owned subsidiary, RGLD Gold AG (“RGLD Gold”), purchased approximately 21,400 ounces of gold from the Mount Milligan mine at a cash price of $435 per ounce as part of its purchase and sale agreement with Thompson Creek Metals Company, Inc. (“Thompson Creek”), and sold approximately 23,000 ounces of gold related to Mount Milligan. In addition, RGLD Gold had approximately 5,300 ounces remaining in inventory as of June 30, 2015.

Phoenix Project

On June 24, 2015, Rubicon Minerals Corporation (“Rubicon”) announced its first gold pour at the Phoenix Gold Project of approximately 741 ounces. RGLD Gold will begin receiving deliveries in the current quarter related to initial commissioning activities and anticipates more substantial gold deliveries as the mine ramps up to design production.

Rubicon will deliver 6.30% of the gold from the Phoenix mine until 135,000 ounces have been delivered, then 3.15% thereafter. RGLD Gold will pay 25% of the spot price at the time of delivery.

Voisey’s Bay Mine

We received the first quarterly royalty payment relating to processing Voisey’s Bay nickel concentrates at Vale’s new Long Harbour hydrometallurgical plant. In response to questions concerning Vale’s determination of the Long Harbour smelter and refining charges deducted from actual proceeds to calculate the net smelter return royalty payable, Vale recently stated that the charges included “the cost of product sold, pre-operating costs, depreciation and cost of capital.” Royal Gold strongly disagrees with Vale’s determination that these charges are permissible deductions pursuant to the royalty agreement and is requesting further clarification of the basis for these charges while aggressively pursuing its legal remedies.

Golden Star Transaction

On May 7, 2015, the Company announced that RGLD Gold entered into a streaming agreement with Golden Star Resources Limited (“Golden Star”). The transaction is expected to close soon, upon satisfaction of remaining closing conditions, with RGLD Gold making an initial upfront payment at closing of $40 million to Golden Star. Royal Gold will simultaneously fund a $20 million dollar term loan as part of the transaction. RGLD Gold expects to make further advance payments totaling $90 million over the next five quarters. Once the initial upfront payment has been made, RGLD Gold expects to receive stream deliveries from Golden Star in the current quarter related to production from and after April 1, 2015.

Golden Star will deliver to RGLD Gold 8.5% of gold produced from Wassa, Bogoso and Prestea until 185,000 ounces have been delivered, 5.0% until an additional 22,500 ounces have been delivered, and 3.0% thereafter. RGLD Gold will pay Golden Star 20% of the spot price at the time of delivery until 207,500 ounces have been delivered, and 30% of the spot price thereafter.

Peak Gold

As described on the Company’s fiscal third quarter conference call, Royal Gold incurred certain costs associated with the summer exploration program at Peak Gold. The Company estimates approximately $2 million in expenditures will be reported in its financial results ended June 30, 2015.


Royal Gold, Inc. is a precious metals royalty and stream company engaged in the acquisition and management of precious metal royalties, streams, and similar production based interests. The Company owns interests on 196 properties on six continents, including interests on 37 producing mines and 24 development stage projects. Royal Gold, Inc. is publicly traded on the NASDAQ Global Select Market under the symbol “RGLD,” and on the Toronto Stock Exchange under the symbol “RGL.” The Company’s website is located at

Cautionary “Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: With the exception of historical matters, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained herein. Such forward-looking statements include statements about the Company’s receipt of gold from Thompson Creek, Rubicon, and Golden Star in periods after June 30, 2015, its upfront payment to Golden Star, and the Company’s receipt of royalty payments from Vale in periods after June 30, 2015. Factors that could cause actual results to differ materially from the projections include, among others, the timing of shipments, disagreements on assays, losses in transport, performance of and production at Mount Milligan, the Phoenix Gold Project, Golden Star’s Wassa, Bogoso and Prestea operations and Voisey’s Bay; decisions and activities of Thompson Creek, Rubicon, Golden Star and Vale; changes in project parameters and timelines as plans continue to be refined; economic and market conditions; unanticipated grade, geological, metallurgical, processing, regulatory and legal or other problems that Thompson Creek, Rubicon, Golden Star and Vale may encounter; changes in operators’ mining and processing techniques or royalty or stream calculation methodologies; errors or disputes in calculating royalty payments or stream deliveries, or payments or deliveries not made in accordance with royalty and streaming agreements; resolution of legal proceedings (including with Vale regarding Voisey’s Bay); and other subsequent events, as well as other factors described in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. Most of these factors are beyond the Company’s ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made herein. Readers are cautioned not to put undue reliance on forward-looking statements. 


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Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Operating Region: U.S./California
Profile: Golden Queen Mining is developing a gold-silver, open pit, heap leach operation on its fully-permitted 50%-owned Soledad Mountain property, located just outside the town of Mojave in Kern County in southern California. The Project will use the cyanide heap leach and Merrill-Crowe processes. Constructions is fully funded and well underway, with mine commissioning scheduled for early 2016... VIEW FULL PROFILE