VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug. 17, 2016) – Eastern Platinum Limited (TSX:ELR)(JSE:EPS) (“Eastplats” or the “Company”) is pleased to provide an update on its second quarter of 2016 results, as follows:
Eastplats reported a net loss of $25.5 million ($0.24 per share) for the second quarter, after taking a $23.3 million
By Jocelyn Aspa
Horizonte Minerals (TSX:HZM), a nickel development company focused in Brazil, has announced the award of three new concession areas adjacent to its recently acquired Glencore Araguaia Project.
As quoted in the press release:
Three new concessions, totalling 3,142 hectares, are located south of the Glencore Araguaia project ‘GAP’ area acquired last
MONTREAL, QUEBEC–(Marketwired – July 6, 2016) – Sama Resources Inc./Ressources Sama Inc. (TSX VENTURE:SME) ( “Sama”) and Section Rouge Media Inc. (TSX VENTURE:SRO) (“Section”) are pleased to announce that they have entered into an arm’s length letter of intent dated June 23, 2016 (the “LOI”) to acquire 100% of the
TORONTO, ON–(Marketwired – June 16, 2016) – Victoria Gold Corp. (TSX VENTURE: VIT) “Victoria” or the “Company” is pleased to announce that pursuant to the terms of the financing announced on April 20, 2016, Electrum Strategic Opportunities Fund L.P. (“Electrum”) has elected to exercise their right to nominate one person
VANCOUVER, BC–(Marketwired – June 10, 2016) – Millrock Resources Inc. (TSX VENTURE: MRO) (“Millrock”) announces it has purchased the Willoughby high-grade gold prospect from John Bernard Kreft of Whitehorse, Yukon, Canada. The 995 hectare claim block is located three kilometers east of the Red Mountain development project operated by IDM
Vale (NYSE:VALE) reported this week that it will withdraw from the Hong Kong Stock Exchange.
As per the company’s website:
Vale informs that the Hong Kong Stock Exchange (HKEx) approved the withdrawal of Vale´s HDRs listing from the Stock Exchange. The withdrawal will become effective at 9:00 am (Hong Kong time) on
BHP Billiton (NYSE:BHP) reported that itself, Samarco and Vale (NYSE:VALE) are facing a US$43 million claim in relation to the tailings dam failure and Samarco’s iron ore operation in Brazil last November.
As quoted in the press release:
BHP Billiton has not received formal notice of the claim.
BHP Billiton remains committed to
Reuters reported that the Brazilian government won’t allow operations to resume at the Samarco mine until tailings leaks are stopped. The mine is jointly owned by Vale SA (NYSE:VALE) and BHP Billiton Ltd. (ASX:BHP,LSE:BLT,NYSE:BHP).
Reuters reported that New Caledonia plans to allow two companies to export nickel ore to China. The move will end a longstanding ban — New Caledonia has been resisting selling ore directly to large countries like China in order to preserve its domestic smelting and refining industry.
VANCOUVER, BC–(Marketwired – April 07, 2016) – Millrock Resources Inc. (TSX VENTURE: MRO) (“Millrock”) announces that the company has purchased mining claims comprising the Chisna project in Alaska. A 100% interest in the project was purchased by Millrock from Corvus Gold Inc. (“Corvus” or the “Company”) — (TSX: KOR) (OTCQX: CORVF) for
A recent article by Proactive Investor highlighted that Avanco Resources Limited (ASX:AVB) has now triggered a copper concentrate production ramp-up at the Antas development in Brazil.
Reuters reported that the Brazil-based Samarco iron ore mine, whose tailings dam burst last year, killing 19 people, will restart production by the start of Q4 2016. Samarco is a joint venture between Vale SA (NYSE:VALE) and BHP Billiton (ASX:BHP,LSE:BLT,NYSE:BHP).