Gold Fields Limited (Gold Fields) today announced that it has entered into a binding sale and purchase agreement with Barrick Gold Corporation (Barrick) to acquire its interests in the Granny Smith, Lawlers and Darlot gold mines (collectively the Yilgarn South Assets) in Western Australia, for a consideration of US$300 million, subject to downward working capital adjustments to a maximum of US$30 million.
Los Andes Copper Ltd. ("Los Andes", or the "Company") is pleased to announce that it has entered into a memorandum of understanding (the "TBML Transaction") to indirectly acquire non-consumptive water rights for the Rocin River, which currently runs through the Company's mining claims, together with studies for the development of a 29 MW run of river hydroelectric project (collectively, the "Hydro Power Project").
Focus Graphite Inc. (“Focus” or the “Company”) is very pleased to report pilot plant test results from its flagship Lac Knife high grade flake graphite project located in the Grenville Geological Province of northeastern Québec. This work was performed as part of the ongoing Lac Knife concentrator flowsheet design process.
Colorado Goldfields Inc. is pleased to announce that the Company's contractual ownership rights for the Champion Mine and the Silver Wing Mine were increased and augmented on May 6, 2013. The increase provides the Company with a measured and indicated resource of 1,030,900 tons of ore that is expected to be processed at the Company's Pride of the West Mill located northeast of Silverton, Colorado.
VMS Ventures Inc. ("VMS Ventures" or the "Company") is pleased to update shareholders on the progress made during the month of July at the Reed Copper Project, near Flin Flon Manitoba. VMS Ventures owns 30% of the project and is carried to production. Hudbay Minerals Inc. ("Hudbay") owns 70% and is the Operator.
Lupaka Gold Corp. ("Lupaka Gold" or "the Company") announces that as a result of a technical disclosure review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify certain technical disclosures previously made by the Company. None of the clarifications affect the mineral resource estimates for the Company's mineral projects.
Archer Petroleum Corp (“Archer” or the “Company”) is pleased to announce that it has closed the purchase and sale agreement (the “Acquisition Agreement”) with Arrakis Oil Recovery, LLC (“Arrakis”) for the acquisition by Archer of a 25% interest in the Peak Project.
Pistol Bay Mining Inc. (“the Company”) reports results from a recent work program carried out by Revolver Resources Inc. (“Revolver”) on its Summit B property located in the Iskut area of northwestern British Columbia, Canada
Torch River Resources Ltd. ("Torch" or the "Company") is pleased to announce that the Company has closed an arm's length transaction to acquire the past producing Walker lump graphite mine and has receive final approval of the TSX Venture Exchange for the transaction.
North Arrow Minerals Inc. ("North Arrow" or the "Company") is pleased to announce that it has closed the acquisition of a 100% interest in the Mel and Luxx diamond projects, Nunavut. Both projects were acquired to cover unexplained kimberlite indicator mineral trains identified from public datasets.
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