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    Last Update: 2:26 PM ET May 10, 2007


    NEW YORK, May 10, 2007 /PRNewswire via COMTEX/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of Allied Nevada Gold Corp. under the ticker symbol ANV.
    Vista Gold Corp. (VGZ: vista gold corp com new) and its shareholders own approximately 70% of a new Nevada gold mining company - Allied Nevada Gold Corp., which was formed by combining Nevada property interests of Vista Gold Corp. and Carl and Janet Pescio. Vista Gold Corp. has created Allied Nevada as a platform for a major new Nevada-focused mining company with a large land package, a pipeline of development projects and the Hycroft mine which is positioned for early resumption of gold production.
    "As a new company originating from an Amex-listed company, we are pleased that Vista Gold Corp. has chosen to list Allied Nevada Gold Corp. at the American Stock Exchange," said John McGonegal, Senior Vice President of the Amex Equities Group. "We look forward to providing Allied Nevada Gold with the same tools and services that will create an environment of enhanced flexibility for growth in the marketplace."
    "Allied Nevada Gold Corp.'s shareholders will benefit from a committed board of directors, a seasoned management team and the vision of Vista Gold Corp. and of Carl Pescio in identifying and acquiring exploration properties in Nevada," said Scott Caldwell, President and CEO of Allied Nevada. "With these exciting assets, and a listing on the Amex, I am confident that we will increase our shareholders' value by broadening our visibility and liquidity within the investment community."

    Vista Gold and Allied Nevada Announce Closing of Arrangement


    Last Update: 9:59 AM ET May 10, 2007


    DENVER, May 10, 2007 /PRNewswire-FirstCall via COMTEX/ -- Vista Gold Corp. (VGZ: vista gold corp com new) ("Vista") and Allied Nevada Gold Corp. (Amex: ANV; Toronto) ("Allied Nevada") announce that the previously announced plan of arrangement involving Vista, Allied Nevada and Carl and Janet Pescio (the "Arrangement") closed today. The transaction resulted in the acquisition by Allied Nevada of Vista's Nevada properties and the Nevada mineral assets of Carl and Janet Pescio. Of the 38,933,055 shares of common stock ("Allied Nevada Shares") issued by Allied Nevada as part of the transaction, 12,000,000 were issued to Carl and Janet Pescio as partial consideration for the acquisition of their Nevada mineral assets and 26,933,055 were issued to Vista in accordance with the Arrangement. Of the 26,933,055 Allied Nevada Shares issued to Vista, 25,403,207 shares will be available for distribution to shareholders of Vista, subject to applicable withholding taxes (as described in the management information and proxy circular of Vista dated October 11, 2006) and after Vista retains approximately 1.5 million shares to facilitate the payment of any taxes payable by Vista in respect of the Arrangement. Accordingly, for each existing share of Vista that a shareholder owned immediately prior to the effective time of the Arrangement, they will receive, subject to applicable withholding taxes (A :
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    A36.21, +0.20, +0.6% ) one new share of Vista, (b) 0.794 of an Allied Nevada Share, and (c) any payment they are entitled to receive in lieu of a fractional share of Allied Nevada.
    Mike Richings, President and CEO of Vista, said, "We are pleased to have completed this transaction which will result in Vista and its shareholders owning 70% of a new Nevada gold mining company -- Allied Nevada Gold Corp. Vista has created Allied Nevada as a platform for a major new Nevada-focused mining company with a large land package, a pipeline of development projects and the Hycroft mine which is positioned for early resumption of gold production. We have assembled in Allied Nevada an excellent management team led by CEO Scott Caldwell and a board of directors chaired by Robert Buchan. Vista believes that it has provided sufficient working capital to launch the new company on a path to provide Vista shareholders with additional value and an investment in a well-run company with exposure to what many believe is one of the best locations in the world to explore, develop and mine for gold. Following the closing, Vista expects that it will continue to provide its shareholders with excellent leverage to the gold price through its remaining seven gold projects. During the next year, Vista plans to advance the Paredones Amarillos project to a production decision and to continue to develop our other advanced projects including Mt Todd, Yellow Pine and Awak Mas. We also continue to look for ways to add to our existing gold resource base."
    "Allied Nevada was formed by combining the exciting land packages assembled by Vista and Carl Pescio. Allied Nevada shareholders will benefit from the vision of Mike Richings and the rest of Vista's Board of Directors and management, and Carl Pescio's talent for identifying and acquiring exploration properties in Nevada," said Scott Caldwell, President and CEO of Allied Nevada. "With these exciting assets, a strong board of directors and a seasoned management team, I am confident that Allied Nevada will be successful in rewarding our shareholders for their commitment to the company."
    About Vista Gold Corp.
    Since 2001, Vista has acquired a number of discovered gold projects with the expectation that higher gold prices would significantly increase their value. As gold prices have risen, Vista has completed various preliminary evaluations that have confirmed that some of the projects would be potentially viable operations at today's gold prices. Currently, Vista is undertaking technical programs to bring the most advanced projects to the point where decisions can be made to put these projects into production, either by Vista, or through sale or joint venture to other mining companies. The Company's holdings include the Paredones Amarillos and Guadalupe de los Reyes Projects in Mexico, Mt Todd Project in Australia, Yellow Pine Project in Idaho, Awak Mas Project in Indonesia, Long Valley Project in California, and the Amayapampa Project in Bolivia.
    About Allied Nevada Gold Corp.
    Allied Nevada has a large land position in Nevada, providing a strong platform from which to aggressively pursue growth opportunities. Allied Nevada has more than 250 square miles of exploration and development properties, located in some of the most prolific gold mining trends in the State of Nevada.

    Last Update: 9:28 AM ET May 11, 2007


    TORONTO, ONTARIO, May 11, 2007 (MARKET WIRE via COMTEX) -- Barrick Gold Corporation (CA:ABX: news, chart, profile) (ABX: Barrick Gold Corporation) -
    All figures in US dollars
    Barrick Gold Corporation today announced that it has received approval from the Tanzanian government of the Buzwagi project Environmental Impact Assessment.
    The 100 per cent owned Buzwagi project is expected to produce 250,000 ounces of production annually at total cash costs(1) of $280 per ounce over a currently estimated 10 year mine life. Buzwagi has 2.64 million ounces of gold reserves and a further 0.41 million ounces of resources(2). Estimated capital costs are $400 million and once construction begins, it will take approximately two years to complete. Located 80 kilometers south of Barrick's Bulyanhulu mine, Buzwagi is expected to benefit from synergies gained from shared infrastructure and the recent project development experience in building the Tulawaka mine in Tanzania.
    "The environmental approval of Buzwagi is another important milestone for the project and part of Barrick's advancement of its unrivalled pipeline of projects which includes Cortez Hills in Nevada, Pascua-Lama in Chile/Argentina, and Pueblo Viejo in the Dominican Republic," said Greg Wilkins, President and CEO.
    The Company announced on May 1 that its first quarter results were on track to meeting its 2007 targets of producing between 8.1 and 8.4 million ounces of gold at total cash costs of $335-350 per ounce.
    Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.

    Agnico-Eagle extends new gold zones in Mexico, Finland and Canada


    Stock Symbols: AEM (NYSE and TSX) (All dollar amounts expressed in U.S. dollars unless otherwise noted and all units of measurement expressed in metric unless otherwise noted)


    Last Update: 3:00 AM ET May 9, 2007


    TORONTO, May 9, 2007 /PRNewswire-FirstCall via COMTEX/ -- Agnico-Eagle Mines Limited is pleased to provide an update on its exploration activities. Encouraging results have been received from several of the development properties in Mexico, Finland and Canada, including results from outside of the current gold reserve and resource envelopes. The budgeted exploration expenditure in 2007 exceeds $40 million, the highest level in the Company's history. Currently 23 drill rigs are turning, targeting 175,000 metres of drilling for the year.
    It is anticipated that drilling at the current projects will enable Agnico-Eagle to reach its year-end 2008 target of 18 million to 20 million ounces of gold reserves, up from current gold reserves of 15.4 million ounces. More importantly, several of the recent discoveries are outside of the currently contemplated mining areas. Agnico-Eagle's gold reserves are all located in mining-friendly regions with low political risk.
    With four new gold mines under construction, and another new project nearing development, Agnico-Eagle is aiming to increase its gold production fivefold over the next three years.

    Last Update: 2:28 PM ET May 7, 2007


    SPOKANE, Wash., May 07, 2007 (BUSINESS WIRE) -- Gold Reserve Inc. (GRZ : gold resv inc cl a) (CA:GRZ: news, chart, profile) announced today that it has filed preliminary short form prospectuses with Canadian securities regulators and related registration statements with the U.S. Securities and Exchange Commission under the U.S.- Canada multi-jurisdictional disclosure system relating to proposed concurrent public offerings of 16,000,000 of its Class A common shares and US$75 million aggregate principal amount of its senior subordinated convertible notes. The Company has granted the underwriters an option for a period of 30 days to purchase up to an additional 2,400,000 Class A common shares and an option for a period of 13 days to purchase up to an additional US$11,250,000 aggregate principal amount of its senior subordinated convertible notes, in each case, to cover over-allotments, if any. Neither offering is contingent on the completion of the other.
    The Company intends to use the net proceeds from the offerings to fund construction activities, equipment purchases and ongoing development of its Brisas project.
    J.P. Morgan Securities Inc. and RBC Capital Markets are acting as joint book running managers for the common share offering and the notes offering with Cormark Securities Inc. acting as co-manager.

    ASA Limited Appoints David J. Christensen Vice President - Investments and Declares Semi-Annual Dividend


    Last Update: 12:08 PM ET May 10, 2007


    BUFFALO, N.Y., May 10, 2007 (BUSINESS WIRE) -- ASA Limited (ASA: asa limited com) , a closed-end investment company, today reported the appointment of David J. Christensen as Vice President - Investments of the Company. Mr. Christensen will assist Robert J.A. Irwin, Chairman, President and Chief Executive Officer, in the management of the Company's $736 million portfolio of precious metals mining company investments. Mr. Christensen has extensive experience in finance and investment management, with particular emphasis on the global gold and other precious metals mining sector. At Merrill Lynch he was consistently ranked as one of the brokerage industry's best precious metals mining analysts. He was a portfolio manager with the Franklin Templeton Group's Franklin Gold Fund and Valuemark Precious Metals Funds. He is currently a director of Hecla Mining Company and is associated with Gabriel Resources, Inc. Mr. Christensen received a Master of International Management from The American Graduate School of International Management (Thunderbird) and a Bachelor of Science degree from California State University (Chico, CA).
    Mr. Christensen will assist in implementing management's plan to continue to diversify the Company's portfolio outside of South Africa. As a result of this diversification, it is likely that more capital gains may be realized than has been typical in past years.
    The Company today also declared a dividend of $.30 per share on the Common Shares of the Company payable May 25, 2007 to shareholders of record on May 18, 2007.

    DENVER, May 07, 2007 (BUSINESS WIRE) -- Apex Silver Mines Limited (SIL : SIL) today reported preliminary net income of $112.0 million or $1.91 per share for the first quarter 2007 compared to a net loss of $174.4 million or $3.39 per share for the same 2006 period. The company expects to file its complete financial statements with the SEC on Form 10-Q later this week.
    In the first quarter of 2007, the company recorded a $108.3 million gain on the mark-to-market derivative liability associated with the commodity-related project financing hedges compared to a $172.8 million mark-to-market loss in the 2006 period. The mark-to-market adjustments stem from the application of Statement of Financial Accounting Standards No. 133, "Accounting for Derivative Instruments and Hedging Activities" (FAS No. 133), which requires that all derivative instruments be recorded on the balance sheet at fair value and that changes in the fair value be recorded in current earnings. At March 31, 2007, the liability associated with the derivative positions was $709.9 million.
    At March 31, 2007, the company's aggregate cash and short and long-term investments, both restricted and unrestricted, amounted to $449.9 million. This amount included $46.0 million of cash and investments restricted to fund development of San Cristobal and certain other corporate financial commitments. At March 31, 2007, the company had spent approximately $575 million on costs pertaining to the project, including $80 million in 2007.
    Development of San Cristobal Nearing Completion
    Construction of our San Cristobal project in southwestern Bolivia is nearing completion. All of the engineering has been completed and all of the major mechanical equipment has been installed. We are in the process of commissioning and testing the processing plant including the crushing, conveying, grinding and flotation circuits. The rail spur and the port facilities are substantially completed and we expect they will be available to handle ore concentrates which we anticipate shipping from San Cristobal with the first sale of concentrates expected in the third quarter of 2007.
    We continue mining ore at the San Cristobal project and at March 31, 2007 we had stockpiled approximately 9.9 million tonnes of work-in-process ore inventories comprised of 2.6 million tonnes of sulfide ores and 7.3 million tonnes of oxide ores. The sulfide ores will be processed through the San Cristobal mill first with the oxide ores scheduled for processing later in the mine life.
    Bolivian Supreme Decree Reaffirms San Cristobal Mining Concession Rights
    Bolivian President Evo Morales issued a Supreme Decree on May 1, 2007 declaring a Mining Fiscal Reserve over the entire national territory to include all mineral resources, granting the Bolivian Mining Corporation (COMIBOL) the authority and right to administer and exploit the Fiscal Reserve. The Supreme Decree provides that mining concessions granted prior to enacting the Supreme Decree, which includes the San Cristobal mining concessions, will be respected and will remain in effect.
    Apex Exploration Activities Increase
    Drill testing of eight projects in Argentina, Peru and Mexico continues. At the El Quevar property in Argentina, 22 drill holes have provided encouraging values and a camp is being established to facilitate infill drilling on 50-meter centers. There are several areas of interest with the current focus being on the one kilometer long Yacthe Zone which remains open along strike and at depth. A second drill is being brought in to test other areas at El Quevar including large silver, lead and zinc bearing breccia zones and associated veins. We have earned our 65% interest in the property from our partner, Minera Hochschild. Drills are operating at three properties in Mexico with assays pending.
    Apex Silver is a mining exploration and development company. Its 65%-owned San Cristobal project is the world's largest development in silver and zinc. The Ordinary shares of Apex Silver trade on the American Stock Exchange under the symbol "SIL". This press release contains forward-looking statements regarding the company, within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, including statements regarding the timing of completion of construction of the San Cristobal Project, commencement of production and operations, including processing, shipments and sales in the third quarter of 2007. Actual results relating to any and all of these subjects may differ materially from those presented. Factors that could cause results to differ materially include problems or delays in construction, startup, and operations, variations in ore grade and processing rates, problems in emerging financial markets and political unrest and uncertainty in Bolivia. The company assumes no obligation to update this information. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements can be found in the company's Form 10-K filed with the SEC for the year ended December 31, 2006.
    SOURCE: Apex Silver Mines Corporation

    Last Update: 1:50 PM ET May 7, 2007


    May 07, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Apex Silver Mines Ltd. (SIL) swung to a first-quarter profit of $112 million, or $1.91 a share, from a year-earlier loss of $174.4 million, or $3.39 a share.
    Apex, Denver, said the recent period included a gain of $108.3 million related to financing hedges, compared with a loss of $172.8 million in the year-earlier period.
    The company expects to file complete financial statements on Form 10-Q later this week with the Securities and Exchange Commission.

    Other gold mining companies operating on the African continent include Harmony Gold (HMY: harmony gold mng ltd sponsored adr) , AngloGold Ashanti (AU: anglogold ashanti ltd sponsored adr) , DRDGOLD (DROO.Y:
    drdgold ltd sponsored adr) and Gold Fields Ltd. (GFI: gold fields ltd new sponsored adr) .

    Stillwater Mining Company Announces Multi-year Investment in Benton Resources Corp. and Participation in the Goodchild Ni-Cu-PGM Project


    BILLINGS, Mont., April 16, 2007 /PRNewswire-FirstCall via COMTEX/ -- STILLWATER MINING COMPANY (SWC: Stillwater Mining Company) announced today that it has entered into a Binding Letter of Intent with Benton Resources Corp., under which Stillwater will invest in Benton through one or more private placements over a multi-year period. Stillwater will initially invest US$1.4 million and will have the option to invest additional amounts in future years. Through these investments, Stillwater will finance and have the option to participate in Benton's Goodchild Ni-Cu-PGM Project, located near Marathon, Ontario.
    Benton, (TSX: BTC.V), headquartered in Thunder Bay, Ontario, is an exploration and development company with a diverse property portfolio of Canadian projects prospective for nickel, copper, platinum group elements, gold, and uranium.
    Commenting on the agreement, Francis R. McAllister, Chairman and Chief Executive Officer of Stillwater said, "An initial US$1.4 million investment in Benton will provide Stillwater with a desired venture opportunity at the Goodchild Project, as well as an equity position in a respected and progressive young exploration organization with a growing portfolio of base and precious metal exploration projects. Benton has an experienced management, exploration and technical team well-positioned in regions which we believe have discovery potential."
    Mr. McAllister continued, "Stillwater to date has primarily focused on the expansion and development of its existing PGM mining properties, and the growth of its PGM recycling business. While these internal efforts will continue, we are pursuing external mine growth opportunities, including both generative exploration projects such as those Benton conducts, as well as later stage development or operating properties."
    The agreement is subject to review by the TSX Venture Exchange.
    Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and Russia. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining Company can be found at its website: http://www.stillwatermining.com.

    BENTON RESOURCES CORP. (BTC, BTC-WT) and STILLWATER MINING CORP (SWC) Enter Into Equity Financing and Participation Agreement on the Goodchild Ni-Cu-PGE Project


    THUNDER BAY, ON, Apr 16, 2007 (MARKET WIRE via COMTEX) -- Benton Resources Corp. (CA:BTC: news, chart, profile) ("Benton") is pleased to announce that it has entered into a Participation Agreement (the "Agreement") with Stillwater Mining Company ("SWC") whereby SWC has the exclusive right to earn up to an initial 50% interest in the Goodchild and South Goodchild Ni-Cu-PGE projects (collectively the "Goodchild Project"). SWC can earn the 50% interest by completing three separate financings into Benton in the aggregate amount of C$6.0 million dollars over a three-year period. Each financing will be priced at a 50% premium to the 20-day trailing average of Benton's share price prior to the completion of each of the three financings. SWC will have the right to take their interest to 70% by incurring a further $24.0 million in exploration or completing a feasibility study on the Goodchild Project, which ever first occurs. Benton will remain as operator for the first three years during the initial period of the Agreement.
    The specific terms of the Agreement, which are subject to regulatory approval, are as follows:
    To earn a 50% interest in the Goodchild Project, SWC must complete the following financings at a 50% premium to the 20-day rolling average of Benton's market share price to be determined immediately prior to the completion of each financing:
    Upon signing: A C$1.6 million private placement of which C$600,000 is to be spent on the Goodchild Project and credited to SWC's initial earn-in requirements. This financing will occur immediately and has been priced at C$1.24 per share.
    First year anniversary: A C$2.0 million private placement of which C$1 million is to be spent on the Goodchild Project and credited to SWC's initial earn-in requirements.
    Second year anniversary: A C$2.4 million private placement of which C$1.4 million is to be spent on the Goodchild Project and credited to SWC's initial earn-in requirements.
    Upon fulfilling the requirements to earn an initial 50%, SWC and Benton shall form a 50/50 joint venture (the "Joint Venture") for the further development of the Goodchild Project subject to SWC's right to earn a further 10% interest in the Joint Venture (to 60%) by directly funding an additional C$4 million in exploration expenditures over the following two year period.
    Provided it earns a 60% interest in the Joint Venture, SWC will have the right to earn a further 10% interest in the Joint Venture (to 70%) by directly funding over the following three year period an additional C$20 million in exploration expenditures or the completion of a Feasibility Study, whichever occurs first.
    At Benton's sole election, following completion of the Feasibility Study, Benton may cause SWC to arrange total project financing for placing the Goodchild Project into commercial production by granting SWC an additional 5% interest in the Goodchild Project (to 75%). In such case, SWC would be reimbursed for Benton's proportionate share of the financing from 80% of Benton's share of net revenue from the Goodchild Project with interest at the prime rate of the Royal Bank of Canada plus 1%.
    Benton is extremely pleased to have entered into the Agreement with SWC. The significant premium to Benton's share price that SWC will be required to pay on the C$6 million of financings reflects the potential of the Goodchild Project to host a Ni-Cu-PGE deposit of economic proportions. Benton is currently planning a detailed airborne survey to be flown in the near future and an aggressive summer exploration program.
    The Goodchild Project is located approximately 15 kilometres north of Marathon, Ontario and is host to several nickel showings with grab samples assaying up to 6.72% nickel (Falconbridge/Xstrata personnel). The large ultramafic intrusion measures approximately 5 by 8km and has numerous untested airborne electromagnetic anomalies detected from a survey completed almost 20 years ago. Benton will keep their shareholders updated on developments at the Goodchild Project as exploration moves forward.
    Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.
    On behalf of the Board of Directors of Benton Resources Corp.

    TORONTO, ONTARIO, Apr 16, 2007 (MARKET WIRE via COMTEX) -- North American Palladium (CA:PDL) (PAL: north amern palladium ltd com) -
    Highlights
    This news release contains forward-looking statements. Reference should be made to "Forward-looking Statements" at the end of this news release.
    - Palladium production in Q1 2007 climbed by 68% to 78,805 ounces compared with 47,015 ounces for the same period in 2006
    - The average palladium head grade for the quarter was 2.48 g/t compared with 1.79 g/t in Q1 2006
    - Overall by-product metal production for the quarter also increased substantially
    - Mill availability improved to almost 95%, among the highest rates ever achieved
    - 1,288,540 tonnes of ore was processed during the quarter at a Pd recovery rate of 76.6% compared with 1,125,710 tonnes of ore in Q1 2006 at a Pd recovery rate of 72.7%
    - Spot palladium prices in Q1 2007 continued to strengthen to an average of US $346 per ounce compared with US $290 per ounce in Q1 2006

    "Other gold mining companies operating on the African continent include Harmony Gold (HMY: harmony gold mng ltd sponsored adr) , AngloGold Ashanti (AU: anglogold ashanti ltd sponsored adr) , DRDGOLD (DROO.Y: drdgold ltd sponsored adr) and Gold Fields Ltd. (GFI: gold fields ltd new sponsored adr)."

    Christian Brothers Investment Services: Newmont is First Mining Company to Urge Shareholders to Vote for Social Resolution, Company Will Produce Report on Impacts of Mining Operations on Local Communities


    DENVER, April 19, 2007 /PRNewswire via COMTEX/ -- In a first for a U.S. mining company, Newmont Mining Corporation (NEM: Newmont Mining Corporation) , one of the world's leading gold producers, will encourage shareholders to support a social resolution sponsored by Christian Brothers Investment Services, Inc. (CBIS) and 10 other faith-based investors. The concerned shareholders are urging the company to produce a report addressing community-based opposition to its operations in the U.S. and around the world. The shareholder resolution will be voted on at Newmont's annual meeting April 24, 2007.
    Julie Tanner, corporate advocacy coordinator at CBIS, said: "This is a real breakthrough in that it is the first time that a mining company has agreed to urge shareholders to support a social resolution. This is a bold step by Newmont, and, with the release of a substantive and thorough report, will indicate that the company takes the issue seriously. To be credible, the report will need to include the input of independent experts and the communities affected by the mining operations of Newmont. We look forward to working closely with company officials."
    The resolution reads: "Several Newmont projects in developing countries have been undermined by community protests over the years. A pattern of community resistance to the company's operations, especially in Peru, Indonesia, and Ghana, raises concerns about issues such as the company's mining waste disposal practices, the potential for water pollution, development on sacred sites, and community resettlement ... [Therefore] shareholders request that a committee of independent board members be formed to conduct a global review and evaluation of the company's policies and practices relating to existing and potential opposition from local communities and to our company's operations and the steps taken to reduce such opposition; and that the results of that review be included in a report that is made available to shareholders prior to the 2008 annual meeting."
    In addition to CBIS, the shareholder resolution is supported by Catholic Health East; Sisters of Saint Joseph of Chestnut Hill, Philadelphia; Mercy Investment Program; CHRISTUS Health; General Board of Pension and Health Benefits, United Methodist Church, Presbyterian Church (USA), Missionary Oblates; Unitarian Universalist Service Committee, Evangelical Lutheran Church in America; and Catholic Healthcare West.
    The leading proxy voting service, Institutional Shareholder Services (ISS), has also recommended a vote in favor of the resolution.: "ISS believes that it is important for global companies, particularly those that operate in developing markets or regions with social, political, or economic unrest, to have appropriate and effective policies for interacting with the host governments and local communities that will be impacted by their operations. Successful relationships between a company and such stakeholders can improve the efficiency of operations, expand the company's license to operate in challenging markets, improve the public's perception of the company, and mitigate the risk of controversy, protests and litigation."

    Gold Reserve Participates in Short Course on Equator Principles


    SPOKANE, Wash., Apr 16, 2007 (BUSINESS WIRE) -- Gold Reserve Inc. (CA:GRZ) (GRZ: gold resv inc) today announced that Don Proebstel, Ph.D., VP of Environmental Affairs and Sustainability, will assist in conducting a series of workshops sponsored by Prizma LLC entitled: Equator Principles and IFC Performance Standards -- Impacts on Mining Projects and Finance. This event will be held April 18th in Vancouver, Canada, with future presentations scheduled in Toronto and London.
    Dr. Proebstel will highlight the Gold Reserve Brisas Project in Venezuela as a model for the application of the newly revised social and environmental benchmarks defined by Equator Principles and IFC Performance Standards to modern mining projects. It will include strategies developed to maintain Gold Reserve's commitments to social and environmental sustainability, focusing on areas such as: community engagement and development, biodiversity offsets and indigenous peoples concerns. The workshops will emphasize various approaches to enhance corporate predictability, transparency, and accountability.
    Dr. Proebstel joined Gold Reserve in 2006. Previously, he worked on the Brisas International Environmental and Social Impact Assessment while employed at AATA International, Fort Collins, Colorado. Doug Belanger, President, stated, "We are very fortunate to have engaged Don to oversee environmental sustainability matters for the Brisas project and are proud to support his participation in these workshops. Don has extensive international experience in environmental and social matters and is firmly committed to positioning Gold Reserve at the forefront of the social and environmental benchmarks defined by Equator Principles and IFC Performance Standards."
    More information on the short course is available at: http://www.prizmasolutions.com.
    Gold Reserve Inc. is a Canadian company developing the Brisas gold copper project is 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 Company expects to finance the construction of Brisas with a combination of debt and equity. 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). With only 42.6 million shares outstanding Gold Reserve has one of the highest leverages to gold in the mining industry. The Company currently has US $22 million in cash and investments and no debt. For more detailed information please see the news release from November 13, 2006, representing an update to the Company's NI-43-101 report. This can be obtained at our website at http://www.goldreserveinc.com or http://www.sedar.com.
    Certain statements included herein, including those that express management's expectations or estimates of our future performance, constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management are inherently subject to significant business, economic and competitive uncertainties and contingencies. We caution that such forward-looking statements involve known and unknown risks, uncertainties and other risk factors that may cause the actual financial results, performance, or achievements of Gold Reserve to be materially different from our estimated future results, performance, or achievements expressed or implied by those forward-looking statements. These are discussed in greater detail in Gold Reserve's filings with the U.S. Securities and Exchange Commission at http://www.sec.gov and the Annual Information Form and other reports filed with Canadian provincial securities commissions at http://www.sedar.com. Gold Reserve expressly disclaims any intention or obligation to update or revise any forward-looking statement whether as a result of new information, events or otherwise.
    SOURCE: Gold Reserve Inc.

    "VANCOUVER, BRITISH COLUMBIA, Apr 18, 2007 (MARKET WIRE via COMTEX) -- Goldcorp Inc. (CA:G) (GG: goldcorp inc new com) will release first quarter results before market opens on Friday, May 11th, 2007.
    A conference call will be held Friday, May 11th at 9:00 a.m. (PT) to discuss these results. You may join the call by dialing toll free 1-800-819-9193 or (913) 981-4911 for calls from outside Canada and the US. Conference ID# 9234904. You can listen to a recorded playback of the call after the event until June 15th by dialing 1-888-203-1112 or 719-457-0820 for calls outside Canada and the US. Passcode: 9234904. A live and archived audio webcast will also be available at http://www.goldcorp.com.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas."