Month: March 2011

MacMillan Minerals Corporate Update

A motion was passed to increase the board from three directors to four directors. Mr. Thomas Skimming, Mr. Wayne Valliant, and Mr. Greg Van Staveren were re-elected. Mr. George A. Brown was elected to serve as a new director.

New Stock Hits New 52-Week High (NGD)

NEW YORK (TheStreet) — New Gold (AMEX:NGD) hit a new 52-week high Thursday as it traded at $11.85 compared with its previous 52-Week high of $11.67. New is changing hands at $11.72 with 1.5 million shares traded as of 12:07 p.m. ET. Average volume has been 3.4 million shares over the past 30 days.

Newmont Mining Hitting Fresh Highs

Shares of Newmont Mining Corp (NYSE: NEM) are pushing to new intraday highs at the same time shares of its mining counterparts are selling off. Rio Tinto (NYSE: RIO), Freeport McMoRan (NYSE: FCX [FREE Stock Trend Analysis]), and Southern Copper have come off of their highs, as a slight selloff in all three names began around 10:30a.m Est.

Minefinders Stock Hits New 52-Week High (MFN)

NEW YORK (TheStreet) — Minefinders (AMEX:MFN) hit a new 52-week high Thursday as it traded at $13.10 compared with its previous 52-Week high of $13.09. Minefinders is changing hands at $13.08 with 44,127 shares traded as of 9:46 a.m. ET. Average volume has been 701,200 shares over the past 30 days.

David Henstridge Joins Solid Resources Advisory Board

VANCOUVER, March 31 /CNW/ – Solid Resources Ltd. (“Solid” or the “Company”) (TSX-V: SRW; Frankfurt: YRS) is pleased to announce the appointment of Mr. David Henstridge, P. Geol. to the Advisory Board.

Tara Gold Announces Date for First Distribution of Tara Minerals Shares

CHICAGO, IL — (MARKET WIRE) — 03/31/11 — Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N) is pleased to announce the details regarding the previously announced distribution of one Tara Minerals Corp. common share for every 20 outstanding shares of Tara Gold. The Ex-Dividend Date is May 18, 2011, the Record Date is May 20, 2011, and the Payment Date is May 27, 2011.

Gold Resource Corporation Declares Ninth Special Cash Dividend

DENVER, CO–(Marketwire – March 31, 2011) – Gold Resource Corporation (GORO) (NYSE Amex: GORO) is pleased to announce it has declared a March Special Cash Dividend of $0.03 per common share to its shareholders of record April 15, payable April 22, 2011. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

Quaterra Grants Stock Options

Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE Amex:QMM) today announced that pursuant to the Company’s stock option plan, option agreements were entered into with officers, employees and consultants granting the right to purchase an aggregate of 355,000 shares at an exercise price of $1.60 per share for a five year period. Each option will vest in three, six and twelve month periods with all options having fully vested no later than May 24, 2012.

First Majestic files Form 40-F Annual Report

First Majestic Silver Corp. (“First Majestic” or the “Company”) (TSX – FR, NYSE – AG) announces that its 2010 audited financial statements have been filed on SEDAR. In addition, a Form 40-F report has been filed with the United States Securities and Exchange Commission and is available on EDGAR. Both documents are also available on the Company’s website at www.firstmajestic.com.

Mag Silver Reports 2010 Annual Results

Vancouver, B.C. MAG Silver Corp. (TSX: MAG; NYSE-A: MVG) (“MAG” or the “Company”) announces the Company’s audited financial results for the year ended December 31, 2010. For complete details of the Annual Financial Statements for the year ended December 31, 2010 and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in Canadian dollars unless otherwise specified.

Torex Announces Adoption of Shareholder Rights Plan

Torex Gold Resources Inc. announced that it has entered into a shareholder rights plan agreement to ensure, to the extent possible, that all shareholders of Torex are treated fairly in connection with any take-over bid for Torex. The rights plan was not adopted in response to any specific proposal or intention to acquire control of Torex. The rights plan has been approved by the Toronto Stock Exchange and is conditional upon shareholders ratification at the annual and special meeting of shareholders of Torex, scheduled to be held on April 27, 2011.

Pan American Lithium Corp. CEO in cdtv.net Interview

TUCSON, Ariz., March 30, 2011 (GLOBE NEWSWIRE) — Pan American Lithium Corp. (TSX-V:PL) (OTCQB:PALTF) (“Pan American” or the “Company”), www.panamericanlithium.com, today announces its President, Andrew Brodkey, recently conducted an executive interview with cdtv.net where he discussed how Pan American is operating its business to take advantage of the opportunities it sees in the world-wide lithium marketplace.

ArcelorMittal Too Heavy to be Affected by Shift to Lighter Automobiles

ArcelorMittal ( MT ) is the largest producer of steel in the world, and not by any small margin. Still, the growing focus on lighter metals in the automobile manufacturing process could be a possible source of concern for the company. ArcelorMittal, formed in 2006 by the merger of two steel giants (Arcelor and Mittal), competes with other international steel companies like BaoSteel, Posco ( PKX ), Nippon Steel and ThyssenKrupp.

Amato Hires Investor Relations Consultant

VANCOUVER, BC, March 29th, 2011 /CNW/ – Amato Exploration Ltd. (the “Company” or “Amato”) (TSX-V:AMT), (http://www.amatoexploration.com), today announced that it has engaged Jose M. Perez to provide Investor Relations and Corporate Communication services to the Company.

Silvercorp Stock To Go Ex-dividend Tomorrow (SVM)

NEW YORK (TheStreet) — The ex-dividend date for Silvercorp Metals (NYSE:SVM) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of two cents per share. At a price of $13.77 as of 9:32 a.m. ET, the dividend yield is 0.6%.

Yamana Stock To Go Ex-dividend Tomorrow (AUY)

NEW YORK (TheStreet) — The ex-dividend date for Yamana Gold (NYSE:AUY) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of three cents per share. At a price of $12.10 as of 9:31 a.m. ET, the dividend yield is 0.9%.

Capital Gold Corporation Urges Its Stockholders to Consider the Facts of the Superior Bid by Gammon

In addition, copies of the Company’s proxy materials may be requested at no charge by contacting MacKenzie Partners, Inc. at 1-800-322-2885 or via email at Detailed information regarding the names, affiliations and interests of individuals who are participants in the solicitation of proxies of CGC’s stockholders is available in CGC’s definitive proxy statement filed with SEC on February 11, 2011 and supplement filed on March 10, 2011.

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