Beiträge von GSP-Komet

Yamana Seeks Termination of Meridian Poison Pill-OSC Hearing Date Set

TORONTO, ONTARIO, Sep 04, 2007 (MARKET WIRE via COMTEX) -- YAMANA GOLD INC. (CA:YRI: news, chart, profile) (AUY: AUY ) (UK:YAU) announces that the Ontario Securities Commission ("OSC") today confirmed a hearing date to consider the cease trading of Meridian Gold Inc's shareholders rights plan or "poison pill" pursuant to an application made by Yamana. The hearing will take place tomorrow morning, Wednesday, September 5, 2007 at 10:00 am ET. In order to be accommodative, Yamana is seeking an order to have the rights plan cease trade on September 11th, on the condition that its bid be extended to that date.
Yamana will issue a press release providing any updates with respect to the poison pill and the bid deadline as appropriate following completion of the OSC hearing on Wednesday. The Company fully expects that the shareholders rights plan will be cease traded and urges Meridian shareholders to tender their shares now.
Yamana has considered, amongst other matters, that Meridian has had more than two months to consider Yamana's offer and to table any other alternatives. It is time for the poison pill to be removed so that shareholders can respond to Yamana's offer.
Yamana has offered C$4.00 plus 2.235 of a Yamana share per each Meridian share as part of a three-way combination between Yamana, Meridian and Northern Orion. Northern Orion shareholders voted overwhelmingly in favour of the transaction on August 22, 2007. The offer deadline currently is September 7, 2007.

Meridian Gold, Inc. - New High Grade Vein Discovery at El Penon, along with Additional Significant Exploration Results

RENO, Nev., Sep 04, 2007 (BUSINESS WIRE) -- Meridian Gold, Inc. ("Meridian Gold" or the "Company") (MDG: Meridian Gold Inc) (CA:MNG) today announced the exciting discovery, at its flagship El Penon mine in Chile, of another new high-grade vein and the extension of the Al Este vein, forming a major new nucleus of high grade gold and silver mineralization. Meridian Gold also reported on further significant drilling success at the Mercedes project in Mexico, encouraging exploration results from its La Pepa project in Chile and the acquisition of a 65% interest in the Membrillo and Chancon mining districts adjacent to Minera Florida.

Sep 04, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
The Ontario Securities Commission has confirmed a hearing date to consider the cease trading of Meridian Gold Inc.'s (MDG) shareholders rights plan pursuant to an application made by Toronto's Yamana Gold Inc. (AUY).
Yamana said the hearing will take place Wednesday at 10:00 a.m. EDT. Yamana is seeking an order to have the rights plan cease trade on Sept. 11, on the condition that its bid be extended to that date.
Yamana has offered C$4.00 plus 2.235 of a Yamana share for each Meridian share as part of a three-way combination between Yamana, Meridian and Northern Orion Resources Inc. (NTO). The offer deadline currently is Sept. 7.
Yamana is a gold company.

* Meridian Gold, Inc. - New High Grade Vein Discovery At El Penon, Along With Additional Significant Exploration Results

New Horizon Uranium Announces Uranium Drilling Results at the Sand Creek - Converse Joint Venture, Converse County, Wyoming

GOLDEN, Colo., Aug 27, 2007 (BUSINESS WIRE) -- New Horizon Uranium Corporation (CA:NHU) is pleased to announce favorable uranium results from its initial drilling program recently completed at its Sand Creek - Converse Project, located in Converse County, Wyoming.

GOLDEN, Colo., Aug 27, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: canyon resources corp com new) , a Colorado-based mining and exploration company, is pleased to announce favorable results from a uranium drilling program conducted on the Converse-Sand Creek Joint Venture area of interest located near Douglas, in Converse County, Wyoming. The Converse-Sand Creek Joint Venture is operated by New Horizon Uranium (CA:NHU: news, chart, profile) on behalf of its joint venture partners, Canyon Resources Corporation and Energy Metals Corporation (CA:EMC) (EMU: energy metals corp com) .

JOHANNESBURG (Dow Jones)--South Africa's largest coal and gold producers are set to sign formal wage agreements with trade unions this week, the Chamber of Mines said Tuesday.
The Chamber, which negotiated biennial wage deals on behalf of employers, said separate signing ceremonies for the two industry sectors are set for Thursday in Johannesburg.
The recently agreed pay agreements will be signed by the Chamber and the National Union of Mineworkers, Solidarity and the United Associate of South Africa.

CHICAGO, Aug 28, 2007 /PRNewswire via COMTEX/ -- Seven Summits Research releases NewsBites on key stocks.
Seven Summits Strategic Investments NewsBites are available to all investors at:
http://www.go7now.com/nb/0828Z (Note: You may have to copy this link into your browser then press the [ENTER] key.)
Today's Seven Summits Strategic Investments NewsBites cover the following stocks: Citigroup Inc. (C: Citigroup, Inc) , Deere & Co. (DE: Deere & Company) , XM Satellite Radio Holdings Inc. (XMSR: xm satellite radio hldgs inc cl a) , Toll Brothers Inc. (TOL: Toll Brothers, Inc) , and Gold Fields Ltd. (GFI: gold fields ltd) .

JOHANNESBURG (Dow Jones)--South Africa's largest coal and gold producers are set to sign formal wage agreements with trade unions this week, the Chamber of Mines said Tuesday.
The Chamber, which negotiated biennial wage deals on behalf of employers, said separate signing ceremonies for the two industry sectors are set for Thursday in Johannesburg.
The recently agreed pay agreements will be signed by the Chamber and the National Union of Mineworkers, Solidarity and the United Associate of South Africa.

Today's PriceWatch Alerts cover the following stocks: QUALCOMM Inc. (QCOM: QUALCOMM Incorporated) , Newmont Mining Corp. (NEM: Newmont Mining Corporation) , Burlington Northern Santa Fe Corp. (BNI:
Burlington Northern Santa Fe Corporation) , Polo Ralph Lauren Corp. (RL:
polo ralph lauren corp cl a) , and Infosys Technologies Ltd. (INFY:
infosys technologies ltd sponsored adr) .

Birim Concludes an Agreement with Newmont to Joint Venture the Banda Ahenkro Property on the Sefwi Belt and to Waive Back-In Rights on Birim's Bui Properties in Ghana

MONTREAL, QUEBEC, Aug 28, 2007 (MARKET WIRE via COMTEX) -- Birim Goldfields Inc. (CA:BGI) ("Birim" or "the Company") is pleased to report that it has concluded a two-part agreement with Newmont Ghana Gold Limited and Newmont USA Limited, subsidiaries of Newmont Mining Corporation (CA:NMC) ("Newmont") comprising:
- a joint venture agreement on the 488.3 km2 Banda Ahenkro Property on the Sefwi Belt; and,
- the waiving of Newmont's back-in rights on Birim's Bui Belt Properties.
Under the terms of the agreement, Newmont will waive their historical back-in right to projects on Birim's thirteen properties within the boundary of the old Bui Reconnaissance License. In exchange for this waiver, Birim will grant Newmont an initial 49% equity interest in Birim's Banda Ahenkro Property on the Sefwi Belt (see Note 1). Newmont will have the right to earn another 21% (up to 70%) by spending US$1,500,000 on exploration over four years, subject to minimum expenditures of US$300,000 in Year 1, US$350,000 in Year 2, US$400,000 in Year 3 and US$450,000 in Year 4. Newmont may then elect to earn an additional 10% interest (up to 80%) by completing a feasibility study on the property. The agreement remains subject to the normal statutory and regulatory approvals.
Birim has a dominant position on one of Ghana's relatively under-explored gold belts, the Bui Belt. This comprises a portfolio of fifteen licenses, of which thirteen prospecting licenses were "cherry picked" after systematic regional exploration by Birim from the greater than 7,000 km2 Bui reconnaissance license acquired from Santa Fe Mining in 1998. The terms agreed with Santa Fe at the time included a right (subsequently inherited by Newmont) allowing them a once-off back-in to any project with a completed bankable feasibility study located within the area defined by the boundary of the original reconnaissance license.
"The transaction makes a lot of strategic sense for Birim," says Victor King, President and CEO for Birim. "Exploration progress on the Banda Ahenkro property will benefit from Newmont's broad exploration expertise and their specific experience on the Sefwi Belt, which hosts their multi-million ounce, world-class Ahafo Gold Mine. Our active involvement with Newmont at Banda Ahenkro also will benefit our efforts on Birim's other three properties on the Sefwi Belt, namely Nkenkasu, Bia Tano and Techimentia." King added, "Newmont's waiver to their inherited back-in right on our Bui properties will widen our options for funding exploration on this extensive land package. I believe that it is pragmatic for Birim to invite selected interested partners to assist in aggressively advancing exploration on some of our Bui licenses at this stage. This will maximize Birim's current leverage on the belt and optimize the potential for exploration success on all of the properties."
Birim Goldfields Inc. is an exploration company focused on gold exploration in West Africa and trades on the Toronto Stock Exchange under the symbol BGI.
Notes : 1. The Government of Ghana retains a 10% free carried interest in all gold mining development projects in Ghana. Consequently, the interests specified in the agreement will apply to the 90% available interest, with the Government of Ghana holding the remaining 10%.

Contacts:
Birim Goldfields Inc.
Denis Simoneau
Chairman
514-393-8611 or Toll Free: 1-800-721-8611
info@birim.com

Birim Goldfields Inc.
Victor King
President & CEO
514-393-8611 or Toll Free: 1-800-721-8611
vic.king@birim.com

Birim Goldfields Inc.
Farah Alibhai
Investor Relations
604-731-7340
farah@birim.com
http://www.birim.com

SOURCE: Birim Goldfields Inc.

MPH Ventures Acquires Molybdenum Deposit from Rio Algom and Goldcorp

Vancouver, BC - MPH Ventures Corp. (CA:MPS) (the "Company") announces it has signed a formal agreement (the "Formal Agreement") with Rio Algom Limited, a wholly-owned subsidiary of BHP Billiton Ltd., (BHP: BHP Billiton Ltd) , and with Goldcorp Inc., ("Goldcorp") (CA:G) , for the acquisition by the Company of 93.45% of the outstanding shares of Pidgeon Molybdenum Mines Limited ("PMML").
PMML holds a 100% interest in 210 hectares of mining claims under the name "Pidgeon Molybdenum Deposit". The Pidgeon Molybdenum Deposit is accessible through the #1 Trans Canada Highway and is approximately 50 kilometres east from the city of Dryden, District of Kenora, Northwestern Ontario. In addition to the accessibility of the property by road, it also has power lines running though its entire length, and is within 8 km of the nearest rail link.

JOHANNESBURG (Dow Jones)--South Africa's largest coal and gold producers are set to sign formal wage agreements with trade unions this week, the Chamber of Mines said Tuesday.
The Chamber, which negotiated biennial wage deals on behalf of employers, said separate signing ceremonies for the two industry sectors are set for Thursday in Johannesburg.
The recently agreed pay agreements will be signed by the Chamber and the National Union of Mineworkers, Solidarity and the United Associate of South Africa.

SPOKANE, Wash., Aug 29, 2007 (BUSINESS WIRE) -- Gold Reserve Inc. (CA:GRZ: news, chart, profile) (GRZ: gold resv inc cl a) announced today that it has entered into a partnership with Conservation International (CI) to advance the Company's strong commitment to environmental and social responsibility. The partnership will involve preserving biodiversity in and around the Company's Brisas Project in Venezuela and support the development of best practice tools for integrating biodiversity information into the business decision making processes.
Compania Aurifera Brisas del Cuyuni C.A. (Brisas), the Venezuelan subsidiary of Gold Reserve, has also signed a Letter of Intent with CI Venezuela outlining commitments, whereby the two organizations will work together to institute programs pertaining to biodiversity and sustainable agro-forestry in the upper Cuyuni River basin located in the State of Bolivar in southeastern Venezuela near the Guyana border. This effort will include extensive biodiversity assessments and monitoring efforts to understand and protect the biodiversity of the Project area as well as a program of work aimed at empowering local communities to develop sustainable agro-forestry.
The Company has also finalized an agreement with CI to support the development of decision making tools and methodologies that guide companies such as Gold Reserve through a process by which they assess the ongoing environmental impacts and assess their biodiversity, take action to avoid, mitigate or offset this impact, and monitor their achievements. This support will facilitate the development of a biodiversity offset strategy for the Brisas Project in conjunction with the Business and Biodiversity Offset Program (BBOP) (more information on BBOP can be found at: http://www.forest-trends.org/biodiversityoffsetprogram ).
"We are pleased to be working with CI," said Doug Belanger, president of Gold Reserve. "Our strong relationship with CI will empower our employees and provide them substantial experience while furthering the Company's commitment to the Equator Principles and responsible environmental stewardship."
About the organizations:
Conservation International (CI) is a nonprofit international organization which operates in 40 countries around the world and applies innovations in science, economics, policy and community participation to protect the Earth's richest regions of plant and animal diversity in the biodiversity hotspots, high-biodiversity wilderness areas as well as important marine regions around the globe. For further information see http://www.conservation.org
The Company
Gold Reserve Inc. is a Canadian company developing the Brisas gold copper project in Southeastern Venezuela. Brisas has NI-43-101 reserves of 485 million tonnes of ore grading 0.67 grams per tonne gold and 0.13% copper containing 10.4 million ounces of gold and 1.3 billion pounds of copper (using a revenue cutoff grade of US $3.04 per tonne and a gold price of US $400 and a copper price of US $1.15 per pound). The mine plan anticipates using conventional truck and shovel mining methods with the processing of ore at full production of 70,000 tonnes per day, yielding an average annual production of 456,000 ounces of gold and 60 million pounds of copper for a mine life of 18.5 years. Using copper as a byproduct, operating costs are expected to be US $126 per ounce (using US $1.80 copper). The Qualified Personnel for the NI 43-101 Report are Susan Poos of Marston and Marston, Inc. and Richard Addison and Richard Lambert of Pincock, Allen and Holt, all registered professional engineers.
For further information please see our update to the Company's NI-43-101 report at our website at http://www.goldreserveinc.com, investor relations, SEDAR Filings.

DENVER, Aug 30, 2007 /PRNewswire-FirstCall via COMTEX/ -- Royal Gold, Inc. (RGLD: Royal Gold Inc) (CA:RGL) , the leading publicly-traded precious metals royalty company, today announced that its Board of Directors has declared its third quarter dividend of $0.065 per share of common stock. The dividend is payable on October 19, 2007 to shareholders of record at the close of business on October 5, 2007. The Company has paid dividends since 2000.
Royal Gold is a precious metals royalty company engaging in the acquisition and management of precious metal royalty interests. Royal Gold is publicly traded on the NASDAQ Global Select Market under the symbol "RGLD," and on the Toronto Stock Exchange under the symbol "RGL." The Company's web page is located at http://www.royalgold.com.
SOURCE Royal Gold, Inc.

Options traders said speculation about a takeover of Newmont by Canada's Barrick Gold had spurred heavy options buying in Newmont for the last two days, according to Dow Jones. But a Barrick spokesperson, and later its CEO on CNBC, denied those rumors.
"If we're taking over Newmont I must have missed that board meeting," Barrick Gold CEO Greg Wilkins told CNBC. He said that speculation probably stems from the fact that the two gold mining companies share property in Nevada.
Peter Schiff, president of Connecticut brokerage Euro Pacific Capital, said while there's probably little substance to the buyout rumor, "I can understand what would encourage Barrick's interest."
"With new deposits hard to come by acquisitions are still the best way for companies to expand or replace their reserves," said Schiff, who owns shares of both mining companies.

Wichtig wäre es, wenn es die Aktie von GSS schaffen würde, über die $3,20 zu steigen. Ein erster Widerstand befindet sich bei $3,10!

Wichtig wäre es, wenn es die Aktie von AGT schaffen würde, über die $0,45 zu steigen. Ein erster Widerstand befindet sich bei $0,425!

Wichtig wäre es, wenn es die Aktie von CDE schaffen würde, über die $3,80 zu steigen. Ein erster Widerstand befindet sich bei $3,60!

Wichtig wäre es, wenn es die Aktie von VGZ schaffen würde, über die $4,15 zu steigen. Der Widerstand befindet sich aktuell bei $4,25!