Tag: Mining

Pure Energy Minerals Reports Positive Initial Lithium Brine Analyses From CV-3 Well at Clayton Valley South

VANCOUVER, British Columbia, Sept. 14, 2016 (GLOBE NEWSWIRE) — Pure Energy Minerals Limited (TSX-V:PE) (FRANKFURT:A111EG) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) is pleased to announce that the initial brine analyses from its latest exploration borehole at the Clayton Valley South (“CVS”) lithium brine project are very positive.  Sampling in CV-3 encountered continuously elevated lithium compositions…

Podium Data Receives 2016 Computerworld Data+ Editors’ Choice Award

LOWELL, Mass., Sept. 12, 2016 (GLOBE NEWSWIRE) — Podium Data Inc. has been named as a 2016 Computerworld Data+ Editors’ Choice Awards honoree. The award recognizes innovative big data initiatives that have delivered significant business value. Podium was selected by the editors of Computerworld for its central role in delivering a production-ready, enterprise-grade data lake….

Mandalay Resources Corporation Reports Fatality at Cerro Bayo Operations

TORONTO, Sept. 11, 2016 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX:MND) regretfully announces the fatality of a contractor in an incident that occurred yesterday at its Cerro Bayo operation in Aysen, Chile. The incident occurred underground and was reported to the Chilean authorities; an investigation into the incident has been initiated….

Australia Nitric Acid Market is Expected to be Valued at US$ 725.3 Mn in 2016 – Persistence Market Research

New York, Sept. 09, 2016 (GLOBE NEWSWIRE) — New York: The Australia nitric acid market is expected to be valued at US$ 725.3 Mn in 2016 and is expected to grow 1.8X by the end of 2024 to be valued at US$ 1.3 Bn. The market is estimated to be pegged at 1,856.0 kilotons by the…

NioCorp Receives Jurisdictional Determination Approval from the US Army Corps of Engineers for the Elk Creek Project

CENTENNIAL, Colo., Sept. 08, 2016 (GLOBE NEWSWIRE) — NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) (FSE: BR3) is pleased to announce the successful completion of a Jurisdictional Determination (JD) process with the US Army Corps of Engineers (USACE) for the Company’s Elk Creek Superalloy Materials Project (“Project”).  The JD’s findings clears the path…

Kibush Capital Timber Authority Approvals

MELBOURNE, Australia, Sept. 08, 2016 (GLOBE NEWSWIRE) — Kibush Capital Corporation (OTC:DLCR) announced today that its subsidiary company Aqua Mining (PNG) Ltd has successfully received approval from the Department of Forestry Papua New Guinea, on applications for the Timber Authority (TA) in Kubuna and the Timber Authority (TA) in Rigo. As detailed in earlier releases,…

MX Gold Corp. – Ministry of Environment Approves Discharge of 1025 Portal Water at Willa Gold/Copper/Silver Deposit

VANCOUVER, British Columbia, Sept. 08, 2016 (GLOBE NEWSWIRE) — MX Gold Corp. (TSX-V:MXL) (Frankfurt:ODV) (OTCQX:MXLGF) (the “Company” or “MX Gold”) is pleased to announce an update on permitting at the Willa Deposit near Silverton, B.C. Short Term Water Discharge Approved, Ministry of Environment August 31, 2016 The Ministry of Environment has determined that Willa Portal…

McEwen Mining Appoints New Chief Operating Officer

TORONTO, Sept. 08, 2016 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce the appointment of Xavier Ochoa as Chief Operating Officer (“COO”), effective immediately and the departure of the Company’s current COO, William Faust effective September 30, 2016.  Mr. Ochoa is a seasoned executive, bringing more than 25 years of operational…

NioCorp Completes Five Pilot Plant Runs As Part Of Its Elk Creek Project Feasibility Study

CENTENNIAL, Colo., Sept. 07, 2016 (GLOBE NEWSWIRE) — NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) is pleased to announce the successful conclusion of five metallurgical pilot plant runs that have tested the Company’s Scandium, Niobium, and Titanium production operations under continuous conditions.  These pilot plants were constructed and operated at the SGS…

Alico, Inc. Announces Fiscal Year 2016 Fourth Quarter Dividend

FORT MYERS, Fla., Sept. 07, 2016 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico”) (NASDAQ:ALCO), a holding company with assets and related operations in agriculture and natural resources, announced that its Board of Directors, by Action of Written Consent on September 6, 2016, declared a fourth quarter cash dividend in the amount of $0.06 per share on…

MGX Minerals Reports Maiden N.I. 43-101 Resource Estimate for Driftwood Creek Magnesium Project: 8 Million Tonnes Grading 43% Magnesium Oxide

VANCOUVER, British Columbia, Sept. 06, 2016 (GLOBE NEWSWIRE) — MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) is pleased to announce a maiden National Instrument (N.I.) 43-101 compliant mineral resource estimate for its Driftwood Creek magnesium project (“Driftwood Creek”). Highlights Measured plus Indicated (M+I) mineral resource totaling 8.028 million tonnes grading 43.31% magnesium oxide (MgO)…

General Finance Corporation Reports Fourth Quarter And Full Year Results For Fiscal Year 2016

PASADENA, Calif., Sept. 06, 2016 (GLOBE NEWSWIRE) — General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions in North America and in the Asia-Pacific region of Australia and New Zealand (the “Company”), today announced its consolidated financial results for the fourth quarter and full year…

WGE Holdings Corp. Announces Preliminary JV Agreement to Acquire Cement Facility and Supply and Distribute Product

LOS ANGELES, Sept. 06, 2016 (GLOBE NEWSWIRE) — WGE Holdings Corp., (OTC:WGEE), to be renamed Consolidated Gold Holdings, today announced it has entered into a preliminary agreement with a major Asian industrial and mining group to establish a joint venture to supply and distribute cement and building products throughout the Philippines and Northern Sulawesi Province…

Mexus gives an update on its Santa Elena mine

CARSON CITY, Nev., Sept. 06, 2016 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB:MXSG) (“Mexus” or the “Company”) today gave an update on the progress at its Santa Elena mine. The recent rains resulted in a small delay at the mine but the crew onsite did an excellent job of keeping the impact to a minimum. …

Stornoway Provides Update on Adamantin Project

LONGUEUIL, Québec, Sept. 01, 2016 (GLOBE NEWSWIRE) — Stornoway Diamond Corporation (TSX:SWY) (the “Corporation” or “Stornoway”) is providing an update on exploration at its 100% owned Adamantin Project located approximately 100km south of the Renard Diamond Project and 25km west of the Route 167 Extension in north central Québec. Till sampling at Adamantin during 2015 confirmed…

Amerigo’s MVC Receives Chile’s National Mining Award

VANCOUVER, British Columbia, Aug. 31, 2016 (GLOBE NEWSWIRE) — Amerigo Resources Ltd. (TSX:ARG) (“Amerigo” or the “Company”) is pleased to announce that Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua Chile, has been awarded the prestigious Premio Nacional de Minería 2016 (2016 National Mining Award) by Chile’s SONAMI (National Mining Society),…

Matrix Service Company Announces Strong Finish to Fiscal 2016; Provides Guidance for Fiscal 2017

Company achieves fourth quarter earnings per share of $0.34; full year earnings per share of $1.07 Strong quarterly revenue of $359.6 million despite a challenging business environment In fiscal 2016, the Company purchased over 650 thousand shares totaling $10.5 million Fiscal 2017 guidance for revenue of $1.30 billion to $1.45 billion and fully diluted EPS…

Panoro Minerals Announces Closing of $6.6 million Private Placement Financing

VANCOUVER, British Columbia, Aug. 29, 2016 (GLOBE NEWSWIRE) — Panoro Minerals Ltd. (TSX-V:PML) (Lima:PML) (Frankfurt:PZM) (“Panoro” or the “Company”) is pleased to announce the closing of the non-brokered private placement of 36,717,817 units at $0.18 per unit for gross proceeds of $6,609,207.  Each unit is comprised of one common share and one-half share purchase warrant. …

AMSC and Nexans Expand Relationship to Jointly Develop and Deliver Resilient Electric Grid Projects in the U.S. and Canada

DEVENS, Mass., Aug. 29, 2016 (GLOBE NEWSWIRE) — AMSC (NASDAQ:AMSC), a global energy solutions provider serving wind and power grid industry leaders, and Nexans, a worldwide expert in the cable industry, today announced a partnership to market and sell AMSC’s Resilient Electric Grid (REG) system, as well as other high performance superconductor power cables, in…

WGE Holdings Corp. Announces Agreement to Acquire Controlling Interest in Philippines Gold Mining Operation

LOS ANGELES, Aug. 29, 2016 (GLOBE NEWSWIRE) — WGE Holdings Corp. (OTC:WGEE), to be renamed Consolidated Gold Holdings, today announced it has signed a preliminary purchase agreement to acquire a 65 percent interest in an established deep shaft gold mining operation located in Luzon, the largest island in the Philippines, with an option to acquire…

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