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Castle Resources Encounters Significant Copper Mineralization at Granduc Project

Castle Resources Inc. (TSX VENTURE:CRI) has updated investors regarding its Granduc Project and provide the balance of drill results from the recently completed 8,300 metre, 18 hole drill program at the Granduc Copper Project near Stewart, B.C.

From Castle Resources Inc. 7 Dec 2010

Hana Mining Receives Drilling Results from Ghanzi Copper-Silver Project in Botswana

Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH) has announced its most recent drilling results from the completion of 12 diamond drill holes from the Banana Zone at its Ghanzi sediment hosted Copper-Silver Project in Botswana.

7 Dec 2010

New Chinese Deals for Rio Tinto

Rio Tinto is all set to embark on a new Chinese joint venture and expand an existing one in place with Sinosteel. The Sinosteel deal involves extending the existing Channar iron ore joint venture in Australia. The expansion will help produce an extra 50 million tonnes of iron ore.

6 Dec 2010

Ancient Relics Halt Construction at Giant Afgan Copper Mine

The past can truly cast a shadow over the present. This seems to ring even more true at an archaeological site in Afghanistan. The Afghan Mining Minister said that the Aynak copper mine has been delayed thanks to the preservation activities of archaeologists.

6 Dec 2010

Rex Minerals Upbeat on Hillside Potential

Rex Minerals (ASX:RXM) claims to have discovered of one of Australia’s largest copper / gold deposits in the last decade with 1.2 million tonnes of copper and 1.1 million ounces of gold.

From Rex Minerals Ltd 6 Dec 2010

Moly Mines Receives Approval to Complete Spinifex Ridge Project Financing

Moly Mines Limited (TSX:MOL)(ASX:MOL) has announced that the immediate parent entity of Hanlong Mining Investment Pty Ltd has received the key Chinese government approval in the process toward completing the financing for the Spinifex Ridge Molybdenum/Copper Project.

From Moly Mines Limited 6 Dec 2010

Vale SA Inaugurates Copper Project in Chile

Vale SA the Brazilian mining giant is now mining copper in Chile. It inaugurated the Tres Valles project on Thrusday, which will be Vale’s first copper project in the country. The Tres Valles project is expected to produce 18,500 metric tons of copper cathodes or large sheets of 99.99% pure copper.

From Vale 5 Dec 2010