Lundin Mining Corporation (TSX: LUN)(AMEX: LMC)(SSE: LUMI) (Lundin Mining) and Tenke Mining Corp. (TSX: TNK) ("Tenke") announced today that they have entered into a definitive agreement to combine the two companies to form a leading intermediate base metals company with a global portfolio of world-class production, development and exploration assets.

The transaction will be completed by way of a Plan of Arrangement (the "Arrangement"). At closing, all Tenke common shares will be automatically exchanged on the...

EuroZinc Mining Corporation (TSX: EZM)(AMEX: EZM) and Lundin Mining Corp. (TSX: LUN)(OMX NORDIC LIST: LUMI) are pleased to announce that the planned merger of the two companies was approved by shareholders of both companies at separate meetings today.

The merger will receive final review by the British Columbia Supreme Court in Vancouver on Tuesday, October 24, 2006 and is expected to be completed by the end of October at which time EuroZinc will cease trading on the TSX and AMEX Exchanges. The transaction, announced on August 21, 2006, will create a premier, diversified copper and zinc producer to be called Lundin Mining Corpo...

Intrepid Mines Limited (TSX: IAU)(TSX: IXN)(ASX: IAU), an international gold and silver production, development and exploration company has filed the current resource/reserve estimates for the Paulsens operation in Australia and the updated in-pit resource estimate for the Kamila-Mercado zones at the Casposo project in Argentina (see Sedar September 28, 2006).

At Paulsens, gold production totaled 86,206 ounces from 325,720 tonnes processed, at an average grade of 8.73 g/t (94% recovery), in the 13 months since commencement of operations through June 30th, 2006. The mine is expected to produce an average of 80,000 ounces of gold ...

EuroZinc Mining Corporation (TSX: EZM)(AMEX: EZM) today mailed to its shareholders an information circular and proxy statement (the "Information Circular"), detailing the benefits of its proposed merger with Lundin Mining Corporation (TSX: LUN)(OMX: LUMI). The proposed merger was announced on August 21, 2006 and will create a premier, diversified copper and zinc producer with a market capitalization of approximately CDN$2.7 billion.

"The increased scale, resources and capabilities of the combined company will position us to deliver significant long-term value to shareholders," said Colin K. Benner, Vice-Chairman and Chief Exec...

LionOre Mining International Ltd (TSX: LIM)(ASX: LIM)(LSE: LOR)(BSE: LIONORE), ("LionOre") and African Rainbow Minerals Limited ("ARM"), co-owners of the Nkomati nickel mine in South Africa, are pleased to announce the approval of a 60,000 tonne per month chrome ore mining and processing operation, following completion of a feasibility study in June 2006.

The feasibility study investigated the viability of a low cost mining and processing operation to exploit the oxidized massive chromitite resource. This r...

LionOre Mining International Ltd. ("LionOre")(TSX: LIM)(LSE: LOR)(ASX: LIM)(BSE: LIONORE) is pleased to announce the successful completion of Project 5 Million's construction and commissioning phases, within budget and ahead of schedule, at Tati Nickel in Botswana.

Project 5 Million (see press release dated September 14, 2005) is a low capital cost expansion program designed to increase production from the design capacity of 12,500 to 14,500 tonnes of payable nickel per annum through increasing the Phoenix...

Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE: CGK) is pleased to announce that at the annual general meeting held on June 19, 2006, the shareholders of the Company elected Richard Godfrey to the Board of Directors. Mr. Godfrey was until recently Vice-President of Finance and Chief Financial Officer of Breakwater Resources Ltd. In addition to his election, the shareholders also re-elected to the Board of Directors William Barnett, Colin K. Benner, John D. Bracale, Gordon Bub, Jean Depatie and Michel Tardif.

The Company also wishes to advise that pursuant to the Company's 2006 stock option plan and subject to regulatory approval, the Board of Directors has granted incentive stock options to Richard Godfrey, to purchase up to an aggregate of 250,000 common shares in the capital stock of the Company, exercisable for a period of 5 years,...

LionOre Mining International Ltd. ("LionOre") (TSX: LIM)(LSE: LOR)(ASX: LIM)(BSE: LIONORE)

Highlights

- Proposed acquisition of the Falconbridge Nikkelverk refinery, and related operations, for US$650 million

-- US$400 million cash, to be financed through a new acquisition debt facility

-- US$250 million of new LionOre equity, issued to Falconbridge (49.1 million LionOre shares) representing 18.4% of enlarged share capital

-- Transaction subject to regulatory approval and Inco successfully acquiring Falconbridge

-- Appropriate break fee negotiated

- Strong rationale and transaction benefits

-- Accelerates LionOre's stated objective of vertical integration

-- Complements existing Activox® strategy

-- Significantly earnings accretive from year 1

-- 10 year contract with Falconbridge to supply up to 60,000 tonnes of nickel in matte annually to Nikkelverk

-- Falconbridge marketing and custom feed organizations included in the transaction...

LionOre Mining International Ltd. ("LionOre"), (TSX:LIM)(ASX:LIM)(LSE:LOR)(BSE:LIONORE) today reported its first quarter 2006 financial and operational results. All amounts are in U.S. dollars unless otherwise noted.

Quarterly Highlights:

- Company production (100% basis) of 6,724 tonnes of payable nickel at a cash cost of $3.75/lb (Q1 2005: 6,491 tonnes of payable nickel at a cash cost of $3.36/lb)

- Quarterly average nickel price of $6.72/lb (Q1 2005: $6.96/lb)

- Net mineral sales of $126.7 million (Q1 2005: $105.5 million)

- Operating cashflow of $40.1 million (Q1 2005: $38.8 million)

- Operating earnings of $35.5 million (Q1 2005: $34.1 million)

- Net earnings of $13.2 million or $0.06 per share (Q1 2005: $0.11 per share)

- Net earnings of $0.12 per share after adjustments for the following: (1) 100% of production except for the Nkomati mine which is shown at 50% (LionOre's share of the Nkomati mine)

Commenting on the results, Colin Steyn, Presi...

All dollar amounts are expressed in US dollars unless otherwise noted

EuroZinc Mining Corporation ("EuroZinc" or "the Company") (TSX: EZM)(AMEX: EZM) today announced the financial results for the first quarter of 2006. Colin K. Benner, Vice Chairman and CEO of EuroZinc, commented that, "production levels at the Company's Neves-Corvo mine are on plan for the quarter, and although lower than the comparable period in 2005, we are on target to produce 195 million pounds of copper this year. To date we are ahead of our capital and operating plans, with our strongest quarters yet to come."

Mr. Benner added that, "the Company continues to benefit from the robust copper price and is accumulating cash after retiring the debt outstanding from the acquisition of Neves-Corvo and the associated price participation ri...