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Darnley Bay Closes Final Tranche of Previously Announced Non-Brokered Private Placement

Darnley Bay Resources Limited is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement of special warrants and flow-through special warrants.

From Osisko Metals Incorporated 30 Dec 2014

Explor Signs Option Agreement with Teck for Timmins Porcupine West Gold Property

Explor Resources Inc. is pleased to announce that it has signed an option agreement with Teck Resources Limited whereby Teck could earn up to a 70% interest in the Timmins Porcupine West gold property, located in the Timmins-Porcupine Mining Camp in Ontario.

From Galleon Gold Corp. 30 Dec 2014

Quaterra to Sell its Interest in Nieves Silver Project to Blackberry Ventures I

Quaterra Resources Inc. today announced that it has entered into an agreement to sell its 50% interest in the Nieves silver property in Zacatecas State, Mexico, to joint-venture partner Blackberry Ventures I, LLC, for US$4 million.

30 Dec 2014

Turkish Ministry Grants Environmental Impact Assessment Approval for Alacer’s Çöpler Sulfide Project

Alacer Gold Corp. ("Alacer" or the "Corporation") is pleased to announce that it has received approval of the Environmental Impact Assessment ("EIA") for the Çöpler Sulfide Project from the Ministry of Environment and Urbanization of Turkey. The approval is the next step in the expansion of the Çöpler Gold Mine to increase its life-of-mine production to 3.2 million ounces of gold over the next 20 years.

29 Dec 2014

Patriot Announces Idling of Coal Production at West Kentucky Mines

Patriot Coal Corporation today announced that it will idle the Highland Mine located near Henderson, Kentucky, and the Dodge Hill Mining Complex located near Sturgis, Kentucky effective December 29, 2014.

29 Dec 2014

Wellgreen Platinum Completes Non-Brokered Flow-Through Equity Financing

Wellgreen Platinum Ltd. is pleased to announce that it has completed a $2,648,899.50 non-brokered "flow-through" equity financing at approximately a 13% premium to the 5-day volume weighted average trading price of the Company's common shares on the Toronto Stock Exchange.

26 Dec 2014

Copper Fox Provides Year-End Update of Technical Activities at Copper Projects

Copper Fox Metals Inc. and its wholly owned subsidiaries want to provide its shareholders with a year-end update of technical activities related to its copper projects. The technical information contained in this news release has been previously disseminated to the public by way of earlier news releases.

26 Dec 2014

Pele Mountain Closes Non-Brokered Private Placement Offering

Pele Mountain Resources Inc. announced the closing of a non-brokered private placement offering comprised of 1,757,029 units at a price of $0.05 each for aggregate gross proceeds of $87,851.45. Each Unit consists of one (1) common share of the Corporation issued on a "flow-through" basis and one (1) warrant, with each Warrant exercisable to acquire one (1) non-flow-through common share of Pele at $0.07 until December 24, 2017.

26 Dec 2014

True Gold Makes Second Draw Down in Project Financing Agreement with Franco-Nevada and Sandstorm

True Gold Mining Inc. is pleased to report that the Company has drawn down an additional US$20.7M of the US$100M project financing agreement from Franco-Nevada Corporation and Sandstorm Gold Ltd.. This is the second draw down that True Gold has made under the agreement, bringing the total amount drawn to US$57.7M. The Company currently has approximately $US47.4M in the treasury.

26 Dec 2014

Timmins Gold Extends CDN$13 Million Credit Agreement with Sprott Resource Lending Partnership

Timmins Gold Corp. is pleased to report that it has agreed with Sprott Resource Lending Partnership to an extension to the term of its existing CDN$13 million credit facility. The extension is subject to final documentation.

From Timmins Gold Corp 26 Dec 2014

Mining Business News

Darnley Bay Closes Final Tranche of Previously Announced Non-Brokered Private Placement

Explor Signs Option Agreement with Teck for Timmins Porcupine West Gold Property

Quaterra to Sell its Interest in Nieves Silver Project to Blackberry Ventures I

Turkish Ministry Grants Environmental Impact Assessment Approval for Alacer’s Çöpler Sulfide Project

Patriot Announces Idling of Coal Production at West Kentucky Mines

Wellgreen Platinum Completes Non-Brokered Flow-Through Equity Financing

Copper Fox Provides Year-End Update of Technical Activities at Copper Projects

Pele Mountain Closes Non-Brokered Private Placement Offering

True Gold Makes Second Draw Down in Project Financing Agreement with Franco-Nevada and Sandstorm

Timmins Gold Extends CDN$13 Million Credit Agreement with Sprott Resource Lending Partnership

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