Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) has announced that it has closed its previously announced bought deal equity financing of 61,000,000 common shares at a price of Cdn$2.05 per share for aggregate gross proceeds to the Company of Cdn$125,050,000.
Golden Phoenix Minerals, Inc. (the "Company") (OTC Bulletin Board: GPXM) has announced that its joint venture partner on the Mineral Ridge property, Scorpio Gold Corp., through its parent company, Scorpio Gold Corp., closed a debt financing transaction for up to an aggregate principal amount of $12 million, with the use of proceeds from the Scorpio Financing being designated to finance the Mineral Ridge project.
Anglo American mining company headed by CEO Cynthia Carrol reported an increase in its third quarter production for most commodities. In an overall consistent performance the company has seen increased productivity in the quarter ending September 2010.
Freeport-McMoRan Copper & Gold Inc has reported a 27% rise in third quarter profits as revenue was boosted by higher metal prices. The spot market prices for gold have risen to record highs and they account for the largest share of the company's revenue despite gold sales volume being less in the third quarter.
Patriot Coal Corporation (NYSE: PCX) today reported its financial results for the quarter ended September 30, 2010.
Ahead of the formal release, on 27 October 2010, of its financial results for the three months ended 30 September 2010, Sims Metal Management (ASX:SGM)(NYSE:SMS) has announced the headline numbers for that period.
Hindustan Zinc Limited today announced its results for the second quarter and half year ended 30 September 2010.
The takeover of Lihir Gold by Newcrest Mining has resulted in a jump in its quarterly gold production. Newcrest Mining is already the largest gold producer in Australia and the acquisition of Lihir Gold has boosted that status.
Volcanic Metals Corp. (TSX VENTURE:VOL) has announced that it has closed its non-brokered private placement announced on September 21, 2010, issuing a total of 3,661,501 flow-through common shares at a price of $0.15 per Share for gross proceeds of approximately $549,225.
Lihua International, Inc. (Nasdaq: LIWA), a leading Chinese developer, designer, and manufacturer of low cost, high quality alternatives to pure copper products, including refined copper products and superfine and magnet wire, as well as copper clad aluminum wire, today announced that it has signed a 2011 copper anode volume supply contract for 30,000 tons with its recently announced domestic customer, one of the world's leading copper and metal conglomerates.