Continuum Closes First Tranche of Convertible Debenture Financing

Continuum Resources Ltd (TSXV:CNU) is pleased to announce that it has closed the first tranche of its private placement of secured convertible debentures (the “Debentures”), as previously announced May 29, 2008, in the amount of $265,000. The Debentures have a two-year term and bear interest at 6% per annum, compounded monthly. The Debentures are convertible [...]

July 26th, 2008

Cadillac Mining Corp. announces commencement of drilling on West Pelletier gold prospect and closing of Mineralfields placement

Cadillac Mining Corporation announces the commencement of diamond drilling on the West Pelletier gold prospect in eastern Beauchastel Township, approximately 6 km southwest of Rouyn-Noranda, Quebec. The Company acquired the eight 40-hectare claims by staking in 2002.
The drill target lies within a sequence of mafic flows and tablular gabbroic intrusions immediately north of the Cadillac [...]

July 26th, 2008

Harsco Receives $60 Million Contract for On-site Environmental Services to Steel Plant

Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced that its worldwide mill services division has been awarded a new ten-year contract valued at more than $60 million over its duration to provide on-site environmental services to ArcelorMittal’s massive Dunkirk steel works in northern France. The contract underscores Harsco’s growing role in developing and executing integrated [...]

July 26th, 2008

Bellhaven Partner Will Continue Exploration in Los Hatillos Gold Property and Makes Property Payment for Cerro Quema

Bellhaven Copper & Gold, Inc. is pleased to announce that Golden Cross Resources Ltd has opted to continue for the second term of the Exploration and Development Agreement for the Los Hatillos Gold Concession located in Panama. GCR has made the second option payment of US$50,000 and has complied with the work commitment of [...]

July 26th, 2008

Minefinders Reports Delay to First Gold and Silver Pour at Dolores

Minefinders Corporation reports that the initial gold and silver pour from its Dolores Mine in Mexico has been delayed from mid-July until later this quarter.
The revised timing for initial gold and silver production will affect previously released production estimates for 2008, but should not have an impact on the production estimates for 2009 and 2010. [...]

July 26th, 2008

Globe Specialty Metals, Inc. Files Registration Statement with the SEC for an Initial Public Offering

Globe Specialty Metals, Inc. announced that it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering in the United States of its common stock. A portion of the shares of common stock to be offered are proposed to be issued and sold by the Company and [...]

July 26th, 2008

Verena Minerals Corporation Retains Renmark Financial Communications Inc.

Verena Minerals Corporation is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.
“We are pleased to announce that we have selected Renmark to reinforce Verena Minerals’ profile in the financial community and to enhance the visibility of our project portfolio. We chose Renmark because [...]

July 26th, 2008

Global Copper Corp. Announces 99.9% Shareholder Approval for Arrangement With Teck Cominco Limited

Global Copper Corp. (Toronto:GLQ.TO ) announces that its shareholders have voted to approve the previously announced plan of arrangement under which Teck Cominco Limited (Toronto:TCK-A.TO)(Toronto:TCK-B.TO)(TCK ) will, if the arrangement is completed, acquire all of the shares of Global. Global’s principal asset is the Relincho project in Chile. Substantially all of Global’s other assets, including [...]

July 26th, 2008