Industry News

Guyana Goldfields Inc. is pleased to announce that it has closed the previously announced exercise of the over-allotment option by the underwriters and issued an additional 1,500,000 common shares at C $9.40 per share to raise additional aggregate gross proceeds of C $14,100,000. The common shares were sold pursuant to an underwriting agreement..."/>
Guyana Goldfields Inc. Announces Closing of Over-Allotment Option
PEN Inc., a global leader in developing, commercializing and marketing consumer and industrial products enabled by nanotechnology, reported financial results for its second quarter and six months ended June 30, 2016.. Scott Rickert, PEN's President, Chairman and CEO, said: "In the second quarter of 2016, we continued our efforts to build a consumer products business supported by innovative, environmentally-friendly products enabled by nanotechnology."/>
PEN Inc. Announces Second Quarter 2016 Financial Results
Callinex Mines Inc. is pleased to announce that it has commenced the previously announced summer drilling campaign at its 100% owned Pine Bay Project located near HudBay's 777 mine and processing facilities in Flin Flon, Manitoba. The Campaign is anticipated to include at least three drill holes totaling up to 3,000 m. The first hole of the Campaign is planned to test a highly conductive target near the Sourdough Zn-Cu Deposit as outlined..."/>
Callinex Commences Summer Drilling Campaign
VBI Vaccines Inc. today announced that, following a review of safety data from the limited safety immunization period, the Data Safety Monitoring Board has no objection to VBI continuing with the enrollment of participants across all sites and dose groups in the Phase I clinical study to evaluate its preventative cytomegalovirus vaccine candidate. "We are grateful to the DSMB for their oversight of this study and pleased to continue..."/>
VBI Vaccines to Continue Enrolling Participants in the Phase I Trial of its Preventative Cytomegalovirus Vaccine Candidate Following Successful Data Safety Monitoring Board Review
Orezone Gold Corporation announces that preliminary results from the ongoing Bomboré Project resource estimation, performed by Roscoe Postle Associates in Toronto, Ontario, indicates that the tonnage and gold ounces contained in the previous 2013 Bomboré oxidized measured and indicated resource may be reduced by approximately 30% with the resulting tonnage remaining at a similar average grade. The 2013 Bomboré fresh rock resource may also be..."/>
Orezone Bombore Project Resource Revision
Tahoe Resources Inc., Compania de Minas Buenaventura S.A.A., Avino Silver& Gold Mines Ltd, and Alexco Resource Corp.. The industry is one of the biggest and fastest growing in the world."/>
Technical Roundup on Metals & Minerals Stocks -- Tahoe Resources, Compania de Minas Buenaventura, Avino Silver & Gold Mines, and Alexco Resource
IIROC Trading Halt - ORE
Westlake Chemical Corporation today announced that, as of 5:00 p.m., New York City time, on August 19, 2016, the aggregate principal amounts listed in the table below of each series of notes listed in the table below, previously issued by Axiall Corporation and its wholly-owned subsidiary, Eagle Spinco Inc., have been validly tendered and not validly withdrawn in connection with Westlake’ s offers to exchange announced on August 8, 2016. Concurrently with the Exchange..."/>
Westlake Chemical Announces Preliminary Results of the Exchange Offers and Consent Solicitations for Certain Axiall Notes
Nautilus Minerals Inc. announces that it has signed a subscription agreement with Mawarid Offshore Mining Ltd. and Metalloinvest Holding Limited under which the Purchasers have agreed to purchase such number of common shares of the Company that will raise gross proceeds of up to US $20 million. Mike Johnston, Nautilus' CEO commented "the Company appreciates the ongoing support of its two major shareholders through this bridge financing arrangement,..."/>
Nautilus Obtains Bridge Financing and Restructures Solwara 1 Project Delivery
Balmoral Resources Ltd. has received, from joint venture partner GTA Resources and Mining Inc., the results from 36 shallow drill holes recently completed on the Northshore Property located near Schreiber, Ontario. Drilling focused on delineation of the high-grade Audney and Caly vein systems which outcrop at surface and are located within the central core of the broader Afric Gold Zone. Drilling continues to intersect very high grade, near surface,..."/>
Balmoral Reports 23.73 g/t Gold Over 9.00 Metres (Including 139.00 g/t Gold Over 1.20 Metres) From Drilling on Northshore Property, Ontario
IAMGOLD Corporation today announced the early tender results of its previously announced tender offer to purchase for cash from each registered holder up to $150,000,000 in aggregate principal amount of the Company's outstanding 6.75% Senior Notes due 2020. The early tender deadline and the withdrawal deadline for the Offer were, in each case, 5:00 p.m., New York City time,..."/>
IAMGOLD Announces Early Tender Results of Cash Tender Offer For Up To $150 Million of its 6.75% Senior Notes Due 2020
Real Industry, Inc. today announced that Mr. Craig T. Bouchard, formerly Chairman and Chief Executive Officer of the Company, has stepped down from the Company."/>
Real Industry Announces Leadership Change
Detour Gold Corporation is pleased to report that it has repurchased $60 million of convertible notes for an aggregate purchase price of $62.1 million, plus accrued and unpaid interest of $0.7 million. All amounts are in U.S. dollars. The Company has, year-to-date, re-purchased $142 million in face value of convertible notes, reducing the amount due at maturity in November 2017 to $358 million."/>
Detour Gold Re-Purchases $60 Million of Convertible Notes
IAMGOLD Corporation today announced the early tender results of its previously announced tender offer to purchase for cash from each registered holder up to $150,000,000 in aggregate principal amount of the Company's outstanding 6.75% Senior Notes due 2020. The early tender deadline and the withdrawal deadline for the Offer were, in each case, 5:00 p.m., New York..."/>
IAMGOLD Announces Early Tender Results of Cash Tender Offer For Up To $150 Million of its 6.75% Senior Notes Due 2020
Newmarket Gold Inc. is pleased to announce positive results from 13,834 metres of diamond drilling, comprising 45 drill holes at the Cosmo Gold Mine located in the Northern Territory, Australia. These results are part of Newmarket's 2016 growth exploration program and include significant drill intercepts for the Sliver Lode and the newly discovered Redbelly and Taipan Lodes, all of which are adjacent to existing underground mine..."/>
Newmarket Gold Discovers New Zones of Gold Mineralization At the Cosmo Gold Mine
McEwen Mining Inc. is pleased to announce that Mr. Donald Brown will join the Company on August 29, 2016 as our Senior Vice President of Projects. Brown has a proven track record of delivering superior results and will lead the advancement and future development of our portfolio of global assets including the Los Azules copper project in Argentina and the El Gallo Silver project in Mexico, as well as assisting our current team with the ongoing development of..."/>
McEwen Mining Appoints Donald Brown as Sr. Vice President, Projects
Galaxy Resources Limited advises that the following announcements have been made to the Australian Securities Exchange:. The announcements can be viewed and downloaded from:. by= asxCode&asxCode= gxy&timeframe= D&period= W."/>
Galaxy Resources Limited Announcements
Galaxy Resources Ltd is pleased to advise an update to its Definitive Feasibility Study on its Sal de Vida Project in Argentina, that has reaffirmed the strong potential for a low cost and long life operation. Highlights- Revised DFS validates a technically superior, highly profitable, long life lithium and potash project- Post-tax NPV of US $1.416 billion at 8% discount rate- Post-tax NPV of US $1.043 billion at 10% discount rate- IRR of 34.6% with post-tax..."/>
Sal De Vida: Revised Definitive Feasibility Study Confirms Low Cost, Long Life and Economically Robust Operation
India Cements. On a year-on-year basis, its "power, oil and fuel" cost fell 14.16% in the June quarter."/>
India Cements: Valuations cheap, but upside could be limited [Mint, New Delhi]

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