Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) reported net income, before discontinued operations and impairment charges, of $105.2 million ($0.19 per share) for the year and $72.2 million ($0.12 per share) in the fourth quarter of 2009, up from a loss of $131.9 million (loss of $0.32 per share) in the fourth quarter of 2008.
Read the full article: "Lundin Mining Releases 2009 Fourth Quarter..."
Thursday, February 25, 2010
Eloro Resources Ltd. (TSX VENTURE:ELO) reported the appointment of Mr. Alexander S. Horvath, P. Eng. to the Board of Directors and as Technical Advisor to the President of Eloro.
Read the full article: "Eloro Resources Appoints Director and..."
Wednesday, February 24, 2010
Tara Minerals Corp. (OTCBB: TARM) (BERLIN:6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), reported the decision to advance the San Felipe Gold & Silver structure into production. The press release is quoted as saying: Tara Minerals Corp. is generating cash from the sale of Silver, Zinc, and Lead concentrate from its [...]
Read the full article: "Tara Minerals:Production Decision From San..."
Tuesday, February 23, 2010
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) announced further to its announcements on February 11, and 12, 2010,that the Company has closed a $350,000 private placement. The press release is quoted as saying: International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mines world-wide and in the exploration of [...]
Read the full article: "International Millennium Closes $350K..."
Monday, February 22, 2010
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) has amended, restated and re-filed the management discussion and analysis for; the Year ended December 31, 2008, the quarter ending March 31, 2009, the quarter ending June 30, 2009, and the quarter ending September 30, 2009 in response to a request from the British Columbia Securities Commission, July 13, [...]
Read the full article: "International Millennium amends Files"
Friday, February 19, 2010
Pro Minerals Inc.(CA:PRM 0.08, -0.02, -20.00%) reported that the Company has now commenced an extensive exploration program on its recently announced Discovery Lake VMS Project. The press release is quoted as saying: Located a relatively short distance from the renowned James Bay Lowlands/Ring Of Fire region, the Discovery Lake Project represents an opportunity to open [...]
Read the full article: "Pro Minerals Initiated Discovery Lake..."
Thursday, February 18, 2010
Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) and mine owner NANA Regional Corporation, Inc. commented on an appeal that has been filed against the U.S. Environmental Protection Agency for renewal of the water discharge permit issued to Teck Alaska’s Red Dog Mine. The press release is quoted as saying: Teck is a diversified [...]
Read the full article: "Teck’s view on Additional Permit..."
Wednesday, February 17, 2010
Paragon Minerals Corporation (TSX VENTURE:PGR) reported that further to its news releases dated November 30, 2009 and December 18, 2009, the company has completed the non-flow-through portion of a non-brokered private placement, and has issued 1,428,772 non-flow-through Units at a purchase price of $0.14 per NFT Unit for gross proceeds of $200,028. The press release [...]
Read the full article: "Paragon Minerals Closes Private Placement"
Tuesday, February 16, 2010
Sungro Minerals, Inc. (OTCBB: SUGO) reported the completion of all terms and conditions required for closing the acquisition of the previously announced Definitive Agreement for the Conglomerate Mesa Project. The press release is quoted as saying: The Company will provide future updates as it relates to the following expected two year work schedule: 1.Proving up [...]
Read the full article: "Sungro Minerals closes Conglomerate Mesa..."
Monday, February 15, 2010
Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) reported record-setting operating and financial results for the fourth quarter and fiscal year ended December 31, 2009. The Company updated on its operations and its production forecast for 2010. The press release is quoted as saying: Pan American expects gold production to decline in 2010, to 85,600 ounces as a [...]
Read the full article: "Pan American Silver Reports Best Fourth..."
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Friday, February 26, 2010