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Afferro Mining Inc ( AFF ) Print E-mail
Mining
Written by Editor   
Wednesday, 22 May 2013 08:26
Proposed Offer for Afferro Mining Inc.

The boards of Afferro Mining Inc. ("Afferro") and International Mining & Infrastructure Corporation plc ("IMIC") are pleased to announce that they have agreed terms in-principle, for the proposed acquisition of Afferro by IMIC, which Afferro's Board intends to recommend to its shareholders, subject to the completion of relevant documentation including satisfactory final financing arrangements, and the receipt of a fairness opinion from its financial adviser as to its terms of the proposed offer.

Under the agreed terms, IMIC will offer for each share of Afferro:

 
Copper Mountain Mining ( CUM ) Print E-mail
Mining
Written by Editor   
Wednesday, 22 May 2013 08:00
Copper Mountain mine back in operation earlier than expected

Copper Mountain Mining Corporation (TSX:CUM ) (the "Company" or "Copper Mountain") announces that further to the Company's news release of May 17, 2013, the damaged SAG mill transformer was replaced late Friday and the mill was back in operation by 6 pm Friday May 17, 2013.  Site maintenance personnel were able to successfully replace the damaged transformer with identical transformers from Ball Mill #1.  Operations over the long weekend with the SAG mill and one ball mill was better than forecast and operated at an average rate of 1,100 tpoh or an average of 25,400tpd.

 
Thompson Creek Metals Company ( TCM / TCM ) Print E-mail
Mining
Written by Editor   
Thursday, 09 May 2013 10:02
Thompson Creek Metals Company Reports First Quarter 2013 Financial Results

Thompson Creek Metals Company Inc. (NYSE: TC) (TSX: TCM) (the "Company" or "Thompson Creek"), a growing, diversified North American mining company, today announced financial results for the three months ended March 31, 2013, prepared in accordance with United States generally accepted accounting principles ("US GAAP"). All dollar amounts are in United States ("US") dollars unless otherwise indicated. References to C$ refer to Canadian dollars.

 
Colorado Resources Ltd ( CXO ) Print E-mail
Mining
Written by Editor   
Thursday, 25 April 2013 10:06
Colorado Resources Drills 242 m of 0.63 % Copper and 0.85 g/t Gold in First Drillhole on its North ROK Property

COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company") is pleased to announce the results of the first of two drill holes recently completed on its 100 % owned North ROK property located approximately 190 kilometres north of Stewart B.C and along Highway 37 south of the village of Iskut.

The property is underlain by volcanic and sedimentary rocks of the Upper Triassic, Stuhini Group to Lower Jurassic, Hazelton Group in a similar geologic setting to Imperial Metals Red Chris mine development (15 kilometres to the southeast) which has proven and probable reserves of 301.5 million tonnes grading 0.359 % copper and 0.274 g/t gold.

 
First Point Minerals Corp ( FPX ) Print E-mail
Mining
Written by Editor   
Friday, 22 March 2013 08:15
First Point Minerals Receives Positive Preliminary Economic Assessment for Decar Nickel Project in Central British Columbia

 First Point Minerals Corp. (TSX:FPX) ("First Point" or the "Company") is pleased to announce the positive results of a NI 43-101 compliant Preliminary Economic Assessment ("PEA") for the Decar nickel-iron alloy project ("the Project") in central British Columbia, demonstrating the economic potential of the project. The PEA study was prepared by Tetra Tech on behalf of Cliffs Natural Resources Exploration Canada Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE:CLF)(Paris:CLF) ("Cliffs").

 
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