Mining Investment

Goldcorp Supports Acquisition Of Primero Mining Corp By Northgate Minerals Corporation

GOLDCORP INC. today agreed to support the proposed transaction by which Northgate Minerals Corporation will acquire all of the issued and outstanding shares of Primero Mining Corp. The transaction will be effected through a plan of arrangement under the British Columbia Business Corporations Act. Goldcorp controls 35.5% of the outstanding shares of... 

Spanish Mountain Announces Closing of $20 Million Financing

Spanish Mountain Gold Ltd. announce that it has closed its private placement offering (the “Offering”), previously announced on June 30, 2011. Pursuant to the Offering, 33,333,328 units (the “Units”) have been placed at a price of $0.60 per unit for total gross proceeds of approximately CAD$20,000,000. Due to stronger than expected... 

Sandstorm Gold Acquires a Gold Stream on the Xstrata Operated Bracemac-McLeod Property

Sandstorm Gold Ltd. announce the completion of a gold purchase agreement (the “Agreement”) with Donner Metals Ltd. (“Donner”) (TSX-V:DON – News) (via a back-to-back agreement with Sandstorm Metals & Energy Ltd. (“Sandstorm Metals & Energy”) to acquire an amount of gold and gold equivalent based on... 

Mammoth Energy Group to Create Non Executive Advisory Board

Mammoth Energy Group Inc., a lithium and alternative energy mining company announced today that it is creating a non executive advisory board for strategic consulting to the company. The board will be comprised of an international mix of advisors focused on the strategic development of the company and potential joint partners. Mammoth Energy Group’s... 

Strike Minerals Amends Terms of Non-Brokered Private Placement of Up to $1,000,000

Strike Minerals Inc. wishes to announce that further to its press release dated June 20, 2011, the terms of the private placement have been revised to amend the Offering. Subject to regulatory approval, Strike proposes to complete, a non-brokered private placement of up to $1,000,000 consisting of up to $700,000 in Flow-Through Units (“FT Units”)... 

Exit Only, Inc. Acquires Bayport Corporation and Begins Gold Production

Exit Only, Inc. announced that it has acquired Bayport Corporation, a Nevada corporation. With this acquisition, Bayport Corporation has obtained the controlling interest in the company. James L. Porter will serve as the President while Louis Porter will serve as the CEO of the surviving company. The new name of the company will be filed with FINRA... 

Pritchard Capital Partners, LLC Completes Sale of Ownership Interest

Pritchard Capital Partners, LLC , an independent securities firm focused on the energy sector, today announced that it had completed the sale of a minority ownership interest to selected institutional investors. The investment will assist in the growth of Pritchard Capital as it continues to expand its significant presence as a trusted advisor in the... 

World Wide Comments on Kazakhstan Arbitration

World Wide Minerals Ltd. today commented on current developments in its long-running arbitration with Kazakhstan involving its investments in that country in 1996 – 1997. The issues in the arbitration relate to default by Kazakhstan in repaying loans made to Kazakhstan in 1996-1997 as well as losses suffered by World Wide in Kazakhstan and the... 

Earnings optimism priced in for investors

The upcoming earnings season may not be the time for investors to buy aggressively, because this year’s winners already reflect earnings optimism. The first-quarter reporting period, which begins Monday with results from aluminum company Alcoa Inc, follows three months of solid gains that have brought stocks close to two-and-half-year highs. Some... 

Commercial Metals Company Enters Two Year Sale of Accounts Receivables Facility

Commercial Metals Company headquartered in Irving, Texas, announced today that it and several of its subsidiaries have entered into a facility with Wells Fargo Bank, N.A to provide for a two year sale of accounts receivables. This new facility, which replaces the accounts receivable securitization program that expired in January 2011, is a two-year...