Western Coal Announces Share Buy Back Program

Western Coal Corp announced today that it intends to file with the Toronto Stock Exchange a notice of its intention to make a normal course issuer bid for its common shares through the facilities of the TSX and the Alternate Investment Market of the London Stock Exchange. Subject to TSX approval, Western intends to purchase up to 10 million Common Shares, being approximately 5% of Western’s... 

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Entree Gold Receives Mongolian Mining Licences

Entree Gold Inc. announces that its application for conversion of the Shivee Tolgoi and Javhlant exploration concessions to mining licences has been approved by the Mineral Resources Authority of Mongolia and the licences have been received. The eastern portion of the Shivee Tolgoi licence and the entire Javhlant licence are subject to a joint venture with Ivanhoe Mines Ltd., through its subsidiary,... 

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Apollo Gold Announces Entry into Letter of Intent to Sell Montana Tunnels Mining, Inc.

Apollo Gold Corporation announce that it has entered into a letter of intent with Elkhorn Goldfields LLC (“Elkhorn”) pursuant to which Elkhorn has agreed to purchase all the outstanding capital stock in Montana Tunnels Mining, Inc., an indirect wholly owned subsidiary of Apollo (“Montana Tunnels”), which includes the 50% interest held by Montana Tunnels in the joint venture agreement with Elkhorn... 

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Gabriel Reports Significant Progress in Public Recognition of its Rosia Montana Project at the Denver Gold Show

Speaking today at the 2009 Denver Gold Show, Mr. Keith R. Hulley, Gabriel’s Chief Executive Officer, reported that the Company has been very encouraged by the tangible improvement in the profile and public recognition of its 80%-owned Rosia Montana Project as a potential significant contributor to the national economy of Romania. With the conviction that developing the Rosia Montana Project is... 

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China Natural Resources Consummates Acquisition of Coal Mining Company in Guizhou Province, PRC

CHINA NATURAL RESOURCES, INC. announced that, on July 10, 2009, it consummated the acquisition of (a) all of the issued and outstanding capital stock of Pineboom Investments Limited and its wholly-owned subsidiaries (the “Coal Group”) and (b) the outstanding indebtedness owing by the Coal Group to the related-party seller on the closing date. Pineboom, through its operating subsidiary,... 

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Uranium One Announces Agreement to Acquire 50% Interest in Karatau Uranium Mine

Uranium One Inc. announced the signing of a definitive purchase agreement to acquire a 50% interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto (“ARMZ”), the Russian state-owned uranium mining company. The purchase price will be paid by way of the issuance of 117 million common shares of Uranium One and a cash payment of US$ 90 million (or equivalent promissory note).... 

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Alluvial Diamond Mining Expert Wants Changes to Rockwell Board

Hennie Van Wyk, the former owner and operator of the majority of the assets of Rockwell Diamonds Inc., and a holder of approximately 4.3% of Rockwell, today commented on Pala Investments Holdings’ proposed slate of directors for Rockwell. “As a shareholder of Rockwell, I have grave concerns about the current mismanagement of the company I helped create. I left Rockwell because of management’s... 

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EXMIN Closes Sale of Moris Mine Interest to Hochschild

EXMIN Resources Inc. announces that it has completed the previously announced sale of its 30% interest in Minas Santa Maria de Moris, S.A. de C.V., (MSMM), the Mexican company that owns the assets of Moris mine project, for US$1.5 million, to a subsidiary of Hochschild Mining Plc. (Hochschild). The sale was completed pursuant to the exercise of a Right of First Refusal by Hochschild, announced on... 

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New Gold Completes Cdn$1.2 Billion Business Combination with Western Goldfields

New Gold Inc. and Western Goldfields Inc. announce that they have completed their previously announced business combination (the “Transaction”). The Transaction was completed by way of a plan of arrangement (the “Plan of Arrangement”) that was approved by the New Gold and Western Goldfields shareholders on May 13 and 14, 2009, respectively and which received final court approval... 

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Century Mining Announces Formation of New Wholly-Owned Subsidiary

Century Mining Corporation, a junior gold producer announced today that the formation and establishment of Lamaque Mining Corporation (LMC) was completed on April 29, 2009. LMC is a wholly-owned subsidiary of Century formed under applicable federal laws in Canada. LMC was established for the specific purpose of satisfying certain conditions set forth in the US$65 million loan underwriting commitment... 

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