Quadra Mining Improves Robinson Mine Plan VANCOUVER, BC – Quadra Mining Ltd. reported a revised mine plan and increased 2009 copper production guidance for its 100% owned Robinson Mine (“Robinson”) in Ely, Nevada. The Company’s guidance for its Carlota mine…

Drill Results Confirm and Extend Gold Zones at Long Canyon RENO, NV – AuEx Ventures, Inc. reported new gold drill intercepts, including hole LC160C returning 83.5 feet at 0.155 ounces per ton and hole LC161C returning 48 feet at 0.267…

Thompson Creek Changes Production Guidance For 2009 TORONTO – Thompson Creek Metals Company Inc. reported that due to unfavorable market conditions and reduced demand for molybdenum, the Company intends to reduce molybdenum production in 2009 from levels that were previously…

Revett Receives Approval of Rock Creek Environmental Assessment SPOKANE VALLEY, WA – Revett Minerals Inc. and 67% held subsidiary, Revett Silver Company, and its wholly owned subsidiary RC Resources Inc. reported that it has received notice from the Montana Department…

Atna Commences Mining Gold Ore at Briggs GOLDEN, CO – Atna Resources Ltd. reported that it has commenced the mining and stockpiling of gold ore at the Briggs Mine in Inyo County, California. Operations at the mine are currently on…

Allied Nevada Has First Gold Production At Hycroft RENO, NV – Allied Nevada Gold Corp. reported its first production from its run-of-mine, heap leach property, the Hycroft Mine. Total production for December 2008 was approximately 1,000 ounces of gold and…

Hecla Mining Company Reschedules Debt Payments COEUR DALENE, ID – Hecla Mining Company reported that it is amending its loan agreement to reschedule all 2009 term debt payments to 2010 and 2011. To make the amendment effective, Hecla will raise…

Newmont Has Positive 2008 Operating Results DENVER, CO – Newmont Mining Corporation reported 2008 equity gold sales of approximately 5.2 million ounces at costs applicable to sales of $440 per ounce. With the start-up of the Boddington project in Australia…

Revised Positive ROD for Idaho Cobalt Project VANCOUVER, BC – Formation Capital Corporation reported that its wholly owned subsidiary, Formation Capital Corporation, U.S. is in receipt of a news release issued by the United States Department of Agriculture Salmon Challis…

American Bonanza Continuing To Advance Copperstone Project VANCOUVER, BC – American Bonanza Gold Corp. has developed a strategy to continue advancing the Copperstone project through feasibility and into production. Development of a low cost, scale-able mining operation is the strategy…