Investor Center — Press Releases

21 Dec 2009

WGI Heavy Minerals Announces Purchase of Its Own Shares

Coeur d’Alene, Idaho, December 18, 2009 – WGI Heavy Minerals, Incorporated (“WGI”) (TSX: WG) today announced it has purchased 986,500 of its own shares at CA $0.395 per share pursuant to the normal course issuer bid the Company announced on June 29 of this year.


12-18-09_WGI_Announces_Purchase_of_Shares.pdf

Posted on 21 Dec 2009 in Investor Center - Press Releases

11 Nov 2009

WGI Heavy Minerals Announces First Nine Months 2009 Results and Appointment of New Director

Coeur d’Alene, Idaho, November 10, 2009 – WGI Heavy Minerals, Incorporated (“WGI”) (TSX: WG) today announced results for the quarter and nine months ended September 30, 2009. All dollar amounts are in U.S. dollars unless otherwise indicated. Results have been filed and may be viewed at www.sedar.com.


PR_11-10-09_First_Nine_Months_2009_Results.pdf

Posted on 11 Nov 2009 in Investor Center - Press Releases

16 Oct 2009

WGI Heavy Minerals Adopts Shareholder Rights Plan

Coeur d’Alene, Idaho – WGI Heavy Minerals, Incorporated (“WGI”) (TSX: WG) announced today its Board of Directors has adopted a Shareholder Rights Plan (the “Rights Plan”) designed to encourage the fair treatment of shareholders in connection with any transaction involving a change of control of WGI. The Rights Plan addresses WGI’s concerns that existing Canadian legislation does not allow sufficient time, if a take-over bid is made, for either the board of directors or the shareholders to properly consider a take-over bid, or for the board of directors to seek alternatives to such a bid. The Rights Plan has not been instituted in response to any specific proposal to acquire control of WGI and WGI is not aware of any such proposal.

PR_10-15-09_WGI_Heavy_Minerals_Adopts_Shareholder_Rights_Plan.pdf

Posted on 16 Oct 2009 in Investor Center - Press Releases

11 Aug 2009

WGI Heavy Minerals Announces First Half 2009 Results and the Extension of Indian Garnet Supply Agreement

Coeur d’Alene, Idaho, August 11, 2009 – WGI Heavy Minerals, Incorporated (“WGI”) (TSX: WG) today announced results for the quarter and six months ended June 30, 2009. All dollar amounts are in U.S. dollars unless otherwise indicated. Results have been filed and may be viewed at www.sedar.com.

PR_8-11-2009_2nd_Qrt_Results.pdf

Posted on 11 Aug 2009 in Investor Center - Press Releases

30 Jun 2009

WGI Heavy Minerals Announces Normal Course Issuer Bid

Coeur d’Alene, Idaho – WGI Heavy Minerals, Incorporated (“WGI”) (TSX: WG) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to conduct a normal course issuer bid to enable it to purchase up to 2,200,000 of its common shares (“Shares”) outstanding, representing approximately 10 percent of WGI’s public float of 22,044,314 Shares as at June 18, 2009. The average daily trading volume of WGI for the past six months is 119,623.

PR_6-29-09.pdf

Posted on 30 Jun 2009 in Investor Center - Press Releases

11 Jun 2009

WGI Heavy Minerals Announces 2009 AGM Results

Coeur d’Alene, Idaho, June 11, 2009 – WGI Heavy Minerals, Incorporated (“WGI”) (TSX: WG) today announced that the Company’s nominees to the Board of Directors received over whelming support at the Annual General Meeting (“AGM”) held in Vancouver.  


PR_6-11-09_2009_AGM_Results.pdf

Posted on 11 Jun 2009 in Investor Center - Press Releases

14 May 2009

WGI Heavy Minerals Announces First Quarter 2009 Results

Coeur d’Alene, Idaho, May 13, 2009 – WGI Heavy Minerals, Incorporated (“WGI”) (TSX: WG) today announced results for the quarter ended March 31, 2009. All dollar amounts are in U.S. dollars unless otherwise indicated. Results have been filed and may be viewed at www.sedar.com.

PR_5-13-09_1st_Qrt_Results.pdf

Posted on 14 May 2009 in Investor Center - Press Releases

24 Mar 2009

WGI Heavy Minerals Announces the Reopening of Emerald Creek Garnet Mine and 2008 Results

Coeur d’Alene, Idaho, March 24, 2009 – WGI Heavy Minerals, Incorporated (“WGI”) (TSX:WG) today announced that on March 31, 2009 Emerald Creek Garnet (“ECG”) will resume normal
operations in areas where the anticipated grade of garnet will be higher than was experienced prior to the shutdown on December, 31, 2008 at the mine in Fernwood, Idaho. Results for the year ended December 31, 2008 were also released. Results have been filed and
may be viewed at www.sedar.com.


PR_3-24-09.pdf

Posted on 24 Mar 2009 in Investor Center - Press Releases

27 Feb 2009

Creating Value - Investor Presentation


WGI_Investor_Presentation_-_Feb_2009.pdf

Posted on 27 Feb 2009 in Investor Center - Press Releases

27 Feb 2009

WGI Heavy Minerals Announces Revaluation of Certain Long-lived Assets and Reduction of Board of Directors

Coeur d’Alene, Idaho, February 27, 2009 – WGI Heavy Minerals, Incorporated (WGI) (TSE: WG) today announced that it is nearing the completion of an internal review which has resulted in the revaluation of certain assets with respect to the operations of two of its subsidiaries, Emerald Creek Garnet (“ECG”) and International Waterjet Parts (“IWP”).  WG_PR-02_26_09.pdf

Posted on 27 Feb 2009 in Investor Center - Press Releases

02 Jan 2009

WGI Announces Winter Closing of Emerald Creek Mine

Coeur d’Alene, Idaho, January 2, 2009 – WGI Heavy Minerals, Incorporated (WGI) (TSX: WG) today announced that it has temporarily ceased operations at its Emerald Creek Garnet (“ECG”)
mine in Fernwood, Idaho.

To read full press release click here: PR-01-02-09.pdf

Posted on 02 Jan 2009 in Investor Center - Press Releases

12 Dec 2008

WGI Announces Details of Capital Distribution and Dividend

Coeur d’Alene, Idaho, December 11, 2008 – WGI Heavy Minerals, Incorporated (WGI) (TSX: WG)today announced that its shareholders have approved, at a special meeting of shareholders held earlier today, a resolution authorizing the board of directors to reduce the stated capital account of the common shares of WGI by up to US$0.80 per common share.

To read full press release click here:WGI_PR_12-11-08.pdf

Posted on 12 Dec 2008 in Investor Center - Press Releases

11 Nov 2008

WGI Heavy Minerals Announces Third Quarter 2008 Results and Updates Timing on Distribution

Coeur d’Alene, Idaho – Nov. 11, 2008 – WGI Heavy Minerals, Incorporated (TSX: WG) today announced results for the third quarter and first nine months ended Sept. 30, 2008. All dollar amounts are in United States dollars unless otherwise indicated. Results have been filed and may be viewed at www.sedar.com.

To read full press release click here:PR_11-11-08.pdf

Posted on 11 Nov 2008 in Investor Center - Press Releases

27 Oct 2008

WGI Heavy Minerals Calls Shareholder Meeting to Approve Capital Distribution

Coeur d’Alene, Idaho, October 27, 2008 – WGI Heavy Minerals, Incorporated (WGI) (TSX: WG) today announced that its board of directors has approved a special cash distribution to shareholders in the amount of US$0.80 per share. This special distribution represents a return to the shareholders of up to US$19.5 million (including distributions on shares anticipated to be issued upon the exercise of restricted stock units or stock options) to shareholders of record on December 19, 2008. It is anticipated that the special cash distribution will be paid to shareholders on December 22, 2008.


To read full press release click here: PR-10-27-08.pdf

Posted on 27 Oct 2008 in Investor Center - Press Releases

15 Sep 2008

WGI Heavy Minerals Completes Sale of Investment in Transworld Garnet India

Coeur d’Alene, Idaho, September 15, 2008 – WGI Heavy Minerals, Incorporated (WGI) (TSX:WG) today announced that it has completed the sale of its investment in Transworld Garnet India(Pvt) Limited (TGI). The sale consists of WGI’s 74% equity interest in TGI and the repayment of debt financing.

To read the full press release click here :PR-09-15-08.pdf

Posted on 15 Sep 2008 in Investor Center - Press Releases

08 Sep 2008

WGI Heavy Minerals Provides Update on the Sale of Transworld Garnet India Investment

Coeur d’Alene, Idaho, September 5, 2008 – WGI Heavy Minerals, Incorporated (WGI) (TSX:WG) today announced that the sale of the Company’s interest in Transworld Garnet India (TGI) to V.V. Mineral, announced on a June 11, 2008 has closed in escrow as originally planned.

To read full press release click here : PR-09-05-08.pdf

Posted on 08 Sep 2008 in Investor Center - Press Releases

30 Jul 2008

WGI Heavy Minerals Announces Second Quarter 2008 Results

Coeur d’Alene, Idaho – July 29, 2008– WGI Heavy Minerals, Incorporated (TSX: WG) today announced results for the second quarter and first half ended June 30, 2008. All dollar amounts are in United States dollars unless otherwise indicated. Results have been filed and may be viewed at www.sedar.com.

To read full press release click here WGI_PR_7-30-08_2nd_Qtr_Results.pdf

Posted on 30 Jul 2008 in Investor Center - Press Releases

26 Jun 2008

WGI Heavy Minerals Shareholders Vote Overwhelmingly for Company Nominees to Board of Directors

Coeur d’Alene, Idaho – June 25, 2008 – WGI Heavy Minerals, Incorporated (TSX: WG) today
announced that the Company’s nominees to the Board of Directors received overwhelming support at the Annual General Meeting held in Toronto.

To read full press release click here WGI_PR-06-25-08.pdf

For more information regarding the Annual General Meeting  Click Here

Posted on 26 Jun 2008 in Investor Center - Press Releases

19 Jun 2008

WGI Heavy Minerals Announces that Second Proxy Advisory Firm Recommends Supporting Current Board

Coeur d’Alene, Idaho – June 19, 2008 – WGI Heavy Minerals, Incorporated (TSX: WG) today announced that RiskMetrics Group (formerly Institutional Shareholders Services or ISS), a leading proxy advisory firm, has recommended that WGI shareholders vote for the Company’s nominees to the Board of Directors, using the WHITE proxy, prior to the Company’s June 25, 2008, Annual General Meeting. RiskMetrics advises shareholders not to vote for the nominees

To read full press release click here WGI-PR-06-19-08.pdf

For more information regarding the Annual General Meeting  Click Here

Posted on 19 Jun 2008 in Investor Center - Press Releases

18 Jun 2008

WGI Heavy Minerals Advises Shareholders that Passport Capital Has the Facts Wrong

Coeur d’Alene, Idaho – June 18, 2008 – WGI Heavy Minerals, Incorporated (TSX: WG) today responded to a news release from Passport Capital LLC (“Passport” or “the Dissident”) that contains a series of false statements as part of its efforts to gain control of the WGI Board of Directors at the Company’s June 25, 2008, Annual General Meeting.

To view full press release click here WGI-PR-06-18-08.pdf

For more information regarding the Annual General Meeting  Click Here


Posted on 18 Jun 2008 in Investor Center - Press Releases

17 Jun 2008

WGI Heavy Minerals Announces that Leading Proxy Advisory Firm Recommends Shareholders Vote to Support Current Board

Coeur d’Alene, Idaho – June 17, 2008 – WGI Heavy Minerals, Incorporated (TSX: WG) today announced that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that shareholders vote their WHITE proxy to elect the Company nominees to the Board of Directors and reject the nominees proposed by dissident shareholder Passport Capital LLC (“Passport” or the “Dissident”) at the Company’s Annual General Meeting on June 25, 2008. 

To view full press release click here WGI-PR-06-17-08.pdf

For more information regarding the Annual General Meeting  Click Here

Posted on 17 Jun 2008 in Investor Center - Press Releases

13 Jun 2008

WGI Heavy Minerals Board Advises Shareholders to Reject Dissident Shareholder Proposal

Coeur d’Alene, Idaho – June 13, 2008 – The Board of Directors of WGI Heavy Minerals, Incorporated (TSX:  WG) today recommended that shareholders vote to support the Company’s nominees to the Board at WGI’s Annual Meeting scheduled for June 25, 2008.
In a letter being delivered to all WGI shareholders, the Board advised them to reject the slate of nominees proposed by dissident shareholder Passport Capital LLC since the proposals made by the dissident are not in the best interests of all the Company’s shareholders.  

To view full press release click here  PR_6-13-08_WGI_Board_Response_.pdf

For more information regarding the Annual General Meeting  Click Here

Posted on 13 Jun 2008 in Investor Center - Press Releases

13 Jun 2008

WGI Heavy Minerals Announces Sale of Transworld Garnet India (Pvt.) Limited

Coeur d’Alene, Idaho – June 11, 2008 – WGI Heavy Minerals, Incorporated (TSX:  WG) today announced that the Company and its partner, Heavy Industrial Minerals India (Pvt.) Limited, have entered into an agreement to sell their investment in Transworld Garnet India (Pvt.) Limited (“TGI”) for a cash consideration of 836,000,000 Ruppees, approximately US $19.5 million, to V.V. Mineral, of Tamil Nadu, India.  WGI’s share of the proceeds is approximately US $17.3 million consisting of its 74% equity interest and the repayment of debt financing. The exact amount of the proceeds to be received by WGI will depend upon exchange rates at the time of closing which is expected to be in August, 2008.

To view full press release click here
PR_6-11-08_Sale_of_Transworld_Garnet.pdf

For more information regarding the Annual General Meeting  Click Here

Posted on 13 Jun 2008 in Investor Center - Press Releases

15 May 2008

WGI Heavy Minerals Announces 2008 First Quarter Results

Coeur d'Alene, Idaho -May 15, 2008 -WGI Heavy Minerals, Incorporated (TSX: WG) today announced results for the first quarter ended March 31, 2008. All dollar amounts are in United States dollars unless otherwise indicated. Results have been filed and may be viewed at www.sedar.com. A summary of key financial results for the three-month period is as follow:

PR_5-15-08_1st_Qrt_Results.pdf

Posted on 15 May 2008 in Investor Center - Press Releases

29 Apr 2008

WGI Heavy Minerals Announces Senior Management Changes

Coeur d'Alene, Idaho -April 29, 2008 - WGI Heavy Minerals, Incorporated (TSX:WG) today announced that Greg Emerson, the current President of WGI's North American Operations, has been appointed interim Chief Executive Officer effective May 1, 2008.


PR_4-29-08_Management_Changes.pdf

Posted on 29 Apr 2008 in Investor Center - Press Releases

01 Apr 2008

WGI Heavy Minerals Announces 2007 Results

Coeur d'Alene, Idaho - March 31, 2008 - WGI Heavy Minerals, Inc. (TSX:WG) today announced results for the fourth quarter and year ended December 31, 2007. Results have been filed and may be viewed at www.sedar.com. A summary of key financial results for the quarter and year end are as follows:


PR-03-31-08.pdf

Posted on 01 Apr 2008 in Investor Center - Press Releases

13 Nov 2007

WGI Heavy Minerals Announces 2007 Third Quarter Results

Coeur d'Alene, Idaho - November 13, 2007 - WGI Heavy Minerals, Inc. (TSX: WG) today announced results for the third quarter and nine months ended September 30, 2007. All dollar amounts are in United States dollars unless otherwise indicated. A summary of key financial results for the quarter and first half is as follows:

PR_11-13-07_3rd_Qrt_Results.pdf

Posted on 13 Nov 2007 in Investor Center - Press Releases

09 Aug 2007

WGI Announces Second Quarter 2007 Results

Coeur d'Alene, Idaho - August 9, 2007 - WGI Heavy Minerals, Inc. (TSX: WG) today announced results for the second quarter and first half ended June 30, 2007. All dollar amounts are in United States dollars unless otherwise indicated. A summary of key financial results for the quarter and first half is as follows:

PR_8-09-07_2nd_Qrt_Results.pdf

Posted on 09 Aug 2007 in Investor Center - Press Releases

13 May 2007

WGI Announces First Quarter 2007 Results

Coeur d'Alene, Idaho - May 14, 2007 - WGI Heavy Minerals, Inc. (TSX:WG) today announced results for the first quarter ended March 31, 2007. All dollar amounts are in United States dollars unless otherwise indicated.
PR_5-14-07_1st_Qrt_Results.pdf

Posted on 13 May 2007 in Investor Center - Press Releases

26 Mar 2007

WGI Announces 2006 Results

Coeur d'Alene, Idaho - March 27, 2007 - WGI Heavy Minerals, Inc. (TSX:WG) today announced results for the fourth quarter and year ended December 31, 2006. Results have been filed and may be viewed at www.sedar.com. A summary of key financial results for the quarter and year end are as follows:
4th_Qrt_2006_Finacial_Final.pdf

Posted on 26 Mar 2007 in Investor Center - Press Releases

31 Dec 2006

2006 Press Release Archive

PR_11_29_06_Normal_Issuer_Bid.pdf
PR_11_10_06_3rd_Qrt_2006_Results.pdf
PR_9_19_06_New_CFO_K-_Wright_Hayden.pdf
PR_8_10_06-2nd_Qrt.pdf
PR_5_17_06_Management_Team_Changes.pdf
PR_5_15_06_1st_Qrt_2006_Results_.pdf
PR_5_06_06_CFO_Perez_Resigns_.pdf
PR_4_28_06-2005_Results_.pdf
PR_4_17_06-Default_Status_Report.pdf
PR_4_10_06_Mineral_Reserves_Report.pdf
PR_3_31_06_Delay_of_Annual_Financials.pdf
PR_2_10_06_Dept.pdf

Posted on 31 Dec 2006 in Investor Center - Press Releases

31 Dec 2005

2005 Press Release Archive

PR_11_14_05_Management_Team_Additions_.pdf
PR_11_4_05_3rd_Qrt_Results_.pdf
PR_11_02_05-Issuer_Bid_Announcement.pdf
PR_8_12_05_2nd_Qrt_Results.pdf
PR_5_11_05_1st_Qrt_2005_Results.pdf
PR_3_16_05_IWP_Acquisition.doc
PR_3_06_05_Force_Majeure_on_Illimenite.doc
PR_3_4_05_ECG_Permit_.doc
PR_3_3_05_2004_Results.pdf
PR_1_4_05_Plants_in_Tamil_Nadu_India.pdf

Posted on 31 Dec 2005 in Investor Center - Press Releases

31 Dec 2004

2004 Press Release Archive

PR_12_29_04_Tragedy_in_India.pdf
PR_11_12_04_3rd_Qrt_2004Results.pdf
PR_11_3_04_New_Board_Chairman.pdf
PR_10_25_04__Sierra_Rutile_Opportunity.pdf
PR_9_22_04_Sri_Lanka_Mining_Lease.pdf
PR_9_13_04_AP_Plant_Opens.pdf
PR_8_13_04_Strathcona__Due_Diligence.pdf
PR_8_9_04_Letter_of_Intent.pdf
PR_8_8_04_2nd_Qrt_2004_Results.pdf
PR_5_21_04_New_Director_in_India.pdf
PR_5_14_04_1st_Qrt_Results.pdf
PR_4_23_04_2003__Breakeven__Results.pdf
PR_4_7_04_AP_Mining_Lease_Application_.pdf
PR_3_24_04_ECG_Mining_Permit_Extension.pdf
PR_2_25_04_Additional_AP_Leases.pdf
PR_2_18_04_AP_Processing_Plant.pdf
PR_1_26_04_Filing_Receipt_Prospectus.pdf
PR_1_15_04_Filing_of_Prospectus_.pdf
PR_1_4_04_Tami_Nadu_Plants_Operational.pdf

Posted on 31 Dec 2004 in Investor Center - Press Releases
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