DM.TO News 0.28 09/18/2014 04:45:12 Duluth Metals Limited (D
Post# of 273330
Posted On: 09/18/2014 5:45:06 AM
Duluth Metals Limited (DM.TO) 0.28 $DM.TO
Wallbridge Secures US $1.5 Million Bridge Loan Facility and Purchase Contract for its Broken Hammer Production
CNW Group - Tue Aug 26, 9:54AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge"
is pleased to announce that it has secured a US $1.5 million bridge loan (the "Bridge Loan" from Auramet International LLC ("Auramet". This funding will provide Wallbridge with additional working capital during the current start-up phase of the Broken Hammer project, and will bridge the period until sufficient revenue is received to achieve payback of the costs required to bring Broken Hammer into production and realize upon its revenue potential.
Study shows Twin Metals mine economically feasible
AP - Wed Aug 20, 5:05PM CDT
MINNEAPOLIS (AP) — A study shows the proposed Twin Metals Minnesota copper-nickel mine in northeastern Minnesota would be economically competitive, profitable and sustainable for 30 years, the project's majority owner said Wednesday.
Duluth Metals Highlights Low Copper (C1) Cash Costs and Strong Operating Margins in its Pre-feasibility Study for Twin Metals Minnesota Project
CNW Group - Wed Aug 20, 5:00AM CDT
Analyst and Investor Conference Call
Wallbridge provides update on Broken Hammer Mine production
CNW Group - Tue Jul 15, 9:54AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge" is pleased to provide an update on its Broken Hammer open pit Cu-PGE mine located in the Sudbury area of Ontario. Hedging contracts have been put in place for approximately 20% of projected payable copper, platinum, palladium and gold (PGE) from the Broken Hammer Mine production, to ensure this short-life project meets management's cash flow objectives.
Duluth Metals Announces New Management Appointments for Twin Metals Minnesota Project
PR Newswire - Thu Jul 10, 5:00AM CDT
Duluth Metals Limited ("Duluth", "Duluth Metals" (TSX: DM) (TSX
M.U) is pleased to announce new management and technical team appointments for the Twin Metals Minnesota LLC ("TMM" Joint Venture. Duluth Metals continues to work with Antofagasta plc ("Antofgasta" to advance the TMM Project on a 40/60 joint venture whereby Duluth maintains its 60% ownership of TMM and Antofagasta owns 40% with costs being split at those levels accordingly.
Wallbridge views the recent Duluth Metals Announcement as Positive
CNW Group - Mon Jul 07, 10:06AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge" today announced that it is extremely pleased that Duluth Metals Limited ("Duluth Metals" has regained control of its Twin Metals Minnesota ("TMM" project from its joint venture partner Antofagasta plc. ("Antofagasta" (See Duluth Metals press release dated July 3(rd), 2014).
Duluth Metals Retains Barclays To Assist With Strategic Review
PR Newswire - Mon Jul 07, 5:00AM CDT
Duluth Metals Limited ("Duluth", "Duluth Metals" (TSX: DM) (TSXM.U) is pleased to announce that its Board of Directors initiated a process to review potential strategic alternatives. Duluth Metals has asked Barclays, its financial advisor, to advise and assist with the thorough evaluation of its strategic alternatives.
IIROC Trade Resumption - DM
CNW Group - Thu Jul 03, 9:16AM CDT
Trading resumes in:
Duluth Metals Assumes Control and Operatorship of the Twin Metals Minnesota Project
CNW Group - Thu Jul 03, 9:00AM CDT
Duluth Metals Limited ("Duluth", "Duluth Metals" (TSX: DM) (TSXM.U) announces it has received a formal "25% Option Termination Notice" from Antofagasta plc ("Antofagasta" under Section 6.4 of the Second Amended and Restated Participation and Limited Liability Company Agreement between Antofagasta and Duluth Metals on the Twin Metals Minnesota ("TMM" Project. With the receipt of this notice, the joint venture moves immediately to the "40/60 Phase" and Duluth Metals now has a 180 day buy-back right to purchase the Antofagasta 40% equity position at a price equal to Antofagasta's sunk costs (currently estimated to be approximately US$220m) plus approximately US$10m currently outstanding (plus accrued and unpaid interest) under the bridge loan Antofagasta provided to Duluth Metals. If Duluth Metals does not exercise its buy-back right, Antofagasta will continue to own 40% of TMM and Duluth Metals will be required to repay the bridge loan facility (plus accrued and unpaid interest), at its option, in either cash or Duluth Metals shares. By delivering the Notice, Antofagasta no longer has the right to acquire 25% of the TMM Project from Duluth after the delivery of the Bankable Feasibility Study and the permitting of the TMM Project. In addition, Duluth Metals becomes the operator of the project and controls the TMM Board and the TMM Technical Committee by having three members and Antofagasta having two members on each.
IIROC Trading Halt - DM
CNW Group - Thu Jul 03, 8:21AM CDT
The following issues have been halted by IIROC:
Wallbridge Adds Second Drill and Increases Budget on Wisner Properties in Sudbury, Ontario
CNW Group - Tue Jun 24, 10:40AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge" today announced that it is accelerating its exploration program on the Wisner joint venture properties in response to new mineralization being identified in all five target areas investigated so far this year.
Wallbridge delivers first shipments of ore from Broken Hammer
CNW Group - Tue Jun 17, 6:30AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge" today announced that it started delivering the first shipments of ore from its Broken Hammer open pit mine in Sudbury, Ontario to the Redstone mill operated by Northern Sun in Timmins, Ontario.
Duluth Metals Announces 2014 AGM Voting Results on the Election of Directors
CNW Group - Fri Jun 13, 4:30PM CDT
Duluth Metals Limited ("Duluth Metals" or the "Company" (TSX: DM) (TSX: DM.U) is pleased to announce that on June 9, 2014 at the Annual General Meeting the shareholders of the Company elected the following directors for a term of office of one year or until their successors are otherwise duly elected or appointed: Christopher C. Dundas (80.08% of the shares represented at the meeting), Alar Soever (79.51% of the shares represented at the meeting), James J. Jackson (80.03% of the shares represented at the meeting), Barry D. Simmons (78.80% of the shares represented at the meeting), Thomas F. Pugsley (78.94% of the shares represented at the meeting), Mark D. Cowan (79.83% of the shares represented at the meeting) and John F. Sattler (78.84% of the shares represented at the meeting).
Wallbridge Enters Into Definitive Custom Milling Agreement
CNW Group - Mon Mar 24, 6:30AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge" today announced that it has entered into a definitive custom milling agreement with Northern Sun Mining Corp. (TSX:NSC) to provide for the custom milling of Wallbridge's Broken Hammer project at NSC's Redstone Mill in Timmins, Ontario. Pursuant to the terms of the agreement, Northern Sun will be responsible for the handling and milling of such ore. The agreement is for approximately a one year term based on a minimum of 800 tonnes per day and milling is expected to begin on or about June 30, 2014. The Redstone mill will generate both a gravity concentrate and a floatation concentrate which will then be conveyed to copper smelters or refinery for further treatment.
Wallbridge Announces Production Decision for Broken Hammer Project in Sudbury
CNW Group - Tue Mar 18, 6:30AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge" today announced that its Board of Directors have approved the production decision for the Broken Hammer copper and platinum group metal project in Sudbury, Ontario.
Duluth Metals Continues to Identify Additional PGM Mineralization in the East Shore Area of Their Exploration Lands
PR Newswire Europe - Mon Mar 03, 5:01AM CST
TORONTO, March 3, 2014 /PRNewswire/ --
Duluth Metals continues to identify additional PGM mineralization in the East Shore area of their exploration lands
PR Newswire - Mon Mar 03, 5:00AM CST
Duluth Metals Limited ("Duluth, Duluth Metals" (TSX: DM) (TSXM.U) is pleased to announce an exploration update on the East Shore property which is part of Duluth's 100% owned exploration properties in the Duluth Complex, northeast Minnesota. In 2012, Duluth Metals geologists discovered a previously unidentified zone of palladium-platinum in the eastern marginal zone of the South Kawishiwi Intrusion (SKI), Duluth Complex. Highlights from a recent four hole shallow drill program include hole 14-DM-052 which returned 11.8 feet of 1.993 TPM (TPM=Pt+Pd+Au, expressed as grams per tonne), 0.505% copper and 0.172% nickel, and hole 14-DM-049 which returned 11.3 feet of 1.794 TPM, 0.399% copper and 0.121% nickel.
Wallbridge Secures US $1.5 Million Bridge Loan Facility and Purchase Contract for its Broken Hammer Production
CNW Group - Tue Aug 26, 9:54AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge"
is pleased to announce that it has secured a US $1.5 million bridge loan (the "Bridge Loan" from Auramet International LLC ("Auramet". This funding will provide Wallbridge with additional working capital during the current start-up phase of the Broken Hammer project, and will bridge the period until sufficient revenue is received to achieve payback of the costs required to bring Broken Hammer into production and realize upon its revenue potential. Study shows Twin Metals mine economically feasible
AP - Wed Aug 20, 5:05PM CDT
MINNEAPOLIS (AP) — A study shows the proposed Twin Metals Minnesota copper-nickel mine in northeastern Minnesota would be economically competitive, profitable and sustainable for 30 years, the project's majority owner said Wednesday.
Duluth Metals Highlights Low Copper (C1) Cash Costs and Strong Operating Margins in its Pre-feasibility Study for Twin Metals Minnesota Project
CNW Group - Wed Aug 20, 5:00AM CDT
Analyst and Investor Conference Call
Wallbridge provides update on Broken Hammer Mine production
CNW Group - Tue Jul 15, 9:54AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge"
is pleased to provide an update on its Broken Hammer open pit Cu-PGE mine located in the Sudbury area of Ontario. Hedging contracts have been put in place for approximately 20% of projected payable copper, platinum, palladium and gold (PGE) from the Broken Hammer Mine production, to ensure this short-life project meets management's cash flow objectives. Duluth Metals Announces New Management Appointments for Twin Metals Minnesota Project
PR Newswire - Thu Jul 10, 5:00AM CDT
Duluth Metals Limited ("Duluth", "Duluth Metals"
(TSX: DM) (TSXM.U) is pleased to announce new management and technical team appointments for the Twin Metals Minnesota LLC ("TMM" Joint Venture. Duluth Metals continues to work with Antofagasta plc ("Antofgasta" to advance the TMM Project on a 40/60 joint venture whereby Duluth maintains its 60% ownership of TMM and Antofagasta owns 40% with costs being split at those levels accordingly. Wallbridge views the recent Duluth Metals Announcement as Positive
CNW Group - Mon Jul 07, 10:06AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge"
today announced that it is extremely pleased that Duluth Metals Limited ("Duluth Metals" has regained control of its Twin Metals Minnesota ("TMM" project from its joint venture partner Antofagasta plc. ("Antofagasta" (See Duluth Metals press release dated July 3(rd), 2014). Duluth Metals Retains Barclays To Assist With Strategic Review
PR Newswire - Mon Jul 07, 5:00AM CDT
Duluth Metals Limited ("Duluth", "Duluth Metals"
(TSX: DM) (TSXM.U) is pleased to announce that its Board of Directors initiated a process to review potential strategic alternatives. Duluth Metals has asked Barclays, its financial advisor, to advise and assist with the thorough evaluation of its strategic alternatives. IIROC Trade Resumption - DM
CNW Group - Thu Jul 03, 9:16AM CDT
Trading resumes in:
Duluth Metals Assumes Control and Operatorship of the Twin Metals Minnesota Project
CNW Group - Thu Jul 03, 9:00AM CDT
Duluth Metals Limited ("Duluth", "Duluth Metals"
(TSX: DM) (TSXM.U) announces it has received a formal "25% Option Termination Notice" from Antofagasta plc ("Antofagasta" under Section 6.4 of the Second Amended and Restated Participation and Limited Liability Company Agreement between Antofagasta and Duluth Metals on the Twin Metals Minnesota ("TMM" Project. With the receipt of this notice, the joint venture moves immediately to the "40/60 Phase" and Duluth Metals now has a 180 day buy-back right to purchase the Antofagasta 40% equity position at a price equal to Antofagasta's sunk costs (currently estimated to be approximately US$220m) plus approximately US$10m currently outstanding (plus accrued and unpaid interest) under the bridge loan Antofagasta provided to Duluth Metals. If Duluth Metals does not exercise its buy-back right, Antofagasta will continue to own 40% of TMM and Duluth Metals will be required to repay the bridge loan facility (plus accrued and unpaid interest), at its option, in either cash or Duluth Metals shares. By delivering the Notice, Antofagasta no longer has the right to acquire 25% of the TMM Project from Duluth after the delivery of the Bankable Feasibility Study and the permitting of the TMM Project. In addition, Duluth Metals becomes the operator of the project and controls the TMM Board and the TMM Technical Committee by having three members and Antofagasta having two members on each. IIROC Trading Halt - DM
CNW Group - Thu Jul 03, 8:21AM CDT
The following issues have been halted by IIROC:
Wallbridge Adds Second Drill and Increases Budget on Wisner Properties in Sudbury, Ontario
CNW Group - Tue Jun 24, 10:40AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge"
today announced that it is accelerating its exploration program on the Wisner joint venture properties in response to new mineralization being identified in all five target areas investigated so far this year. Wallbridge delivers first shipments of ore from Broken Hammer
CNW Group - Tue Jun 17, 6:30AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge"
today announced that it started delivering the first shipments of ore from its Broken Hammer open pit mine in Sudbury, Ontario to the Redstone mill operated by Northern Sun in Timmins, Ontario. Duluth Metals Announces 2014 AGM Voting Results on the Election of Directors
CNW Group - Fri Jun 13, 4:30PM CDT
Duluth Metals Limited ("Duluth Metals" or the "Company"
(TSX: DM) (TSX: DM.U) is pleased to announce that on June 9, 2014 at the Annual General Meeting the shareholders of the Company elected the following directors for a term of office of one year or until their successors are otherwise duly elected or appointed: Christopher C. Dundas (80.08% of the shares represented at the meeting), Alar Soever (79.51% of the shares represented at the meeting), James J. Jackson (80.03% of the shares represented at the meeting), Barry D. Simmons (78.80% of the shares represented at the meeting), Thomas F. Pugsley (78.94% of the shares represented at the meeting), Mark D. Cowan (79.83% of the shares represented at the meeting) and John F. Sattler (78.84% of the shares represented at the meeting). Wallbridge Enters Into Definitive Custom Milling Agreement
CNW Group - Mon Mar 24, 6:30AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge"
today announced that it has entered into a definitive custom milling agreement with Northern Sun Mining Corp. (TSX:NSC) to provide for the custom milling of Wallbridge's Broken Hammer project at NSC's Redstone Mill in Timmins, Ontario. Pursuant to the terms of the agreement, Northern Sun will be responsible for the handling and milling of such ore. The agreement is for approximately a one year term based on a minimum of 800 tonnes per day and milling is expected to begin on or about June 30, 2014. The Redstone mill will generate both a gravity concentrate and a floatation concentrate which will then be conveyed to copper smelters or refinery for further treatment. Wallbridge Announces Production Decision for Broken Hammer Project in Sudbury
CNW Group - Tue Mar 18, 6:30AM CDT
Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge"
today announced that its Board of Directors have approved the production decision for the Broken Hammer copper and platinum group metal project in Sudbury, Ontario. Duluth Metals Continues to Identify Additional PGM Mineralization in the East Shore Area of Their Exploration Lands
PR Newswire Europe - Mon Mar 03, 5:01AM CST
TORONTO, March 3, 2014 /PRNewswire/ --
Duluth Metals continues to identify additional PGM mineralization in the East Shore area of their exploration lands
PR Newswire - Mon Mar 03, 5:00AM CST
Duluth Metals Limited ("Duluth, Duluth Metals"
(TSX: DM) (TSXM.U) is pleased to announce an exploration update on the East Shore property which is part of Duluth's 100% owned exploration properties in the Duluth Complex, northeast Minnesota. In 2012, Duluth Metals geologists discovered a previously unidentified zone of palladium-platinum in the eastern marginal zone of the South Kawishiwi Intrusion (SKI), Duluth Complex. Highlights from a recent four hole shallow drill program include hole 14-DM-052 which returned 11.8 feet of 1.993 TPM (TPM=Pt+Pd+Au, expressed as grams per tonne), 0.505% copper and 0.172% nickel, and hole 14-DM-049 which returned 11.3 feet of 1.794 TPM, 0.399% copper and 0.121% nickel. 
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