Month: May 2013

U.S. Antimony INcreases Mill Capacity by 50 Percent

United States Antimony Corporation reported the start up of an antimony oxide mineral circuit at its Puerto Blanco antimony flotation mill located in Guanajuato, Mexico which increases its milling capacity from 150 tons per day to 225 tons per day. With the exception of USAC’s Los Juarez property, most antimony properties in Mexico contain oxide or mixed oxide-sulfide minerals. The sulfide minerals are recovered by flotation, but the oxide minerals must be recovered by gravimetric methods.

Vista Gold Corp. Announces the Results of its 2013 Meeting of Shareholders

Vista Gold Corp. is pleased to announce the results of its 2013 annual general and special meeting of shareholders held in Vancouver, British Columbia on April 30, 2013. At the Meeting, all nominees listed in the management information and proxy circular for the Meeting were elected as directors of the Company. Detailed results of the vote by ballot are as follows:

Sierra Metals Announces Payment Of Inaugural Quarterly Cash Dividend Of $2.5 Million

Sierra Metals Inc. is pleased to announce that the Company has completed its first quarterly cash dividend payment of $2.5 million, or $.016 per common share to shareholders on April 30, 2013. The Company announced its inaugural $10.0 million cash dividend policy on February 12, 2013 (see press release dated February 12, 2013 here) as a result of substantial production increases and significant cash flows from operations realized in 2012.

International Millennium Mining Corp. Reports 4th Quarter and 2012 Annual Results

International Millennium Mining Corp. reports its financial statements and MD&A for the 4th Quarter and Year Ended December 31, 2012. Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the 2012 Audited Consolidated Financial Statements for the year ended December 31, 2012.

VVC Exploration to Resume Trading

VVC Exploration Corporation is pleased to announce that, further to its news release of April 12, 2013, the Company has filed the required preliminary documents with the TSX Venture Exchange in connection with the execution of a non-binding letter of intent with Camex Mining Development Group Inc., pursuant to which, the Company intends to acquire all of the issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of VVC at closing, subject to adjustments, if any, as mutually agreed upon based on due diligence. Accordingly, the TSX-V has confirmed that the Company’s stock halt will be lifted. The Company expects trading to resume at market open on Thursday, May 2, 2013.

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