Cliffs Natural Resources Inc. Announces Executive Management Appointments
September 14, 2012
Cliffs Natural Resources Inc. today announced executive management appointments effective Oct. 1, 2012.
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Cliffs Natural Resources Inc. today announced executive management appointments effective Oct. 1, 2012.
Golden Minerals Company is pleased to announce that it has entered into an underwriting agreement with Wells Fargo Securities to sell 5,497,504 units, comprised of one share of common stock and a five year warrant to acquire one half of a share of common stock at an exercise price of US$8.42, at a price of US$5.75 per unit, for gross proceeds of US$ 31.6 million. Net proceeds, after underwriting discounts and estimated offering costs, will be approximately US$29.5 million.
Orko Silver has declared that it has started a field exploration campaign at the Esmeralda Targets area, located in the La Preciosa gold-silver project in Mexico.
Silver Bull Resources, Inc. is pleased to announce it will expand its underground Termite “twinning” drill program presently targeting the “high grade silver zone” into the “high grade zinc zone”, a zone of mineralization which sits adjacent to and below the silver mineralization. The planned initial program in the high grade zinc zone will consist of 2,000 meters of diamond core drilling.
Cortez Gold Corp. is pleased to announce that its shareholders have approved all resolutions presented to them at the annual general meeting of the Company held on September 13, 2012. The shareholders re elected four directors to the board, namely Robert Eadie (President & Chief Executive Officer), Gary Arca (Chief Financial Officer & Corporate Secretary), David Gunning and Andrew de Verteuil. The shareholders also reappointed BDO Canada LLP, Chartered Accountants, as the Company’s auditors and ratified and approved the Company’s 10% rolling stock option plan and ancillary matters thereto.
Oremex Gold Inc. announces that Mr. Henry Tse has resigned from the board of directors of the Company to focus on other ventures and commitments. The Company would like to thank Mr. Tse for his contributions and wish him well in his future endeavours.
Kinross Gold Corporation announced today that it has been named to the Dow Jones Sustainability World Index for the second consecutive year, and to the Dow Jones Sustainability North America Index for the third consecutive year.
Mexican mining company Grupo Mexico SAB expanded Thursday on its rationale for requesting a rehearing before the Delaware Supreme Court on a ruling that the company unfairly profited from a deal between two of its units, taking issue specifically with the sizeable lawyer fees awarded in the case.
Silver Shield Resources is pleased to announce that it has entered into a letter of intent to acquire a undivided 100% interest in the former producing Real de Guadalupe Gold and Silver Mine in Guerrero State Mexico. The Corporation has until November 17, 2012 to complete its due diligence and enter into a binding agreement upon successful review of the property, title and property visits. Terms for the letter of intent are stated in USD, and are as follows:
Southridge Enterprises Inc. is pleased to announce that it has commenced a 50,000 meter exploration drill program at Gran Cabrera Gold & Silver Mining properties in Mexico, where previous underground workings stated grades from this area in the order of 200-500 gram Silver and 3.4 gram Gold based on average assays from chip and channel samples. Historical information stated that ore from the Gran Cabrera mines could obtain assays in the order of 9 kilograms (290 oz) silver and about 10.3 grams (0.3 oz) gold in bulk operations, all high-end bonanza grade values.
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