Goldcorp chairman Ian Telfer has been cited by the Ontario Securities Commission in a recent insider trading probe. The allegation is that Telfer helped participants (including his long-time friend Eda Marie Agueci) in an alleged illegal insider tipping and trading scheme to hide their trading activities.
GOLDEN, CO, Feb 7, 2012 (Marketwire via COMTEX) –Golden Minerals Company (NYSE Amex: AUMN) (TSX: AUM) (“Golden Minerals” or “the Company”) is pleased to announce the appointment of Warren Rehn to the position of Vice President of Exploration. Golden Minerals also announces the planned retirement of Robert Blakestad, the Company’s Senior Vice President of Exploration, effective February 29, 2012.
UC Resources Ltd. is pleased to provide this information update to its shareholders, stakeholders and interested parties.
WestStar Resources Corp. has completed the previously announced Induced Polarization/Resistivity survey and has begun planning for the upcoming diamond drill program on its La Paloma property. The Property is located approximately 70 kilometers west of the city of Guadalajara in the State of Jalisco, Mexico.
NEW YORK, NY — (Marketwire) — 02/07/12 — Lone Star Gold, Inc. (OTCBB: LSTG) announced the development plan for their Mexican Tailings Project in the City of Hidalgo Del Parral in Chihuahua Mexico. Other companies operating near the tailings project include, GoldCorp, Inc. (NYSE: GG), Silver Standard Resources, Inc. (NASDAQ: SSRI) and Coeur d’Alene Mines Corp. (NYSE: CDE).
VANE Minerals (LON:VML) got a boost to its latest quarter as grades and recovery rates jumped at its Mexico gold and silver operations.
Vancouver, British Columbia — The Company is pleased to announce that shares of Cortez Gold Corp. (TSX-V: CUT) are now trading on the Frankfurt Stock Exchange under the trading symbol “2CZ”.
Serengeti Resources Inc. announces that it’s Mexican subsidiary Cia. Minera FB Integral SA de CV has identified an attractive gold-silver target on it’s Cuates property located on the north edge of the Parral mining district in the state of Chihuahua, Mexico. Selected rock samples collected from mineralized structures at Cuates have assayed up to 7.2 g/t Au and 111 g/t Ag and a recently completed Induced Polarization (IP) geophysical survey has outlined a strong, associated IP chargeability anomaly. Detailed mapping and sampling is underway and reverse circulation (RC) drilling of this compelling target is planned as part of a multi-property drill program starting in March.
Yale Resources Ltd. is pleased to report that it has received results for the three holes, drilled on behalf of its optionee Del Toro Silver Corp. at the Dos Naciones property, located in Sonora State, Mexico.
Glencore International Plc, the worlds largest publicly traded commodities supplier, agreed to buy Xstrata Plc (XTA) for about 26 billion pounds ($41 billion) in shares in the biggest mining takeover.
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