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Brigus Gold and Everton Resources Begin Deep Drilling at Ampliacion Pueblo Viejo Project

Everton Resources Inc., (TSX VENTURE:EVR) (FRANKFURT:ERV) and its partner Brigus Gold Corp. (TSX:BRD) (NYSE Amex:BRD) has announced the start of a deep drilling program at their Ampliacion Pueblo Viejo concession, contiguous to Barrick and Goldcorp's Pueblo Viejo gold deposit, in the central Dominican Republic.

From Everton Resources Inc. 17 Feb 2011

South American Gold and Copper Begins Drilling at its Porphyry Copper Deposit in Pimenton

South American Gold and Copper Company Limited (TSX: SAG) reported today that it has started to drill its porphyry copper deposit at Pimenton.

From South American Gold and Copper Company Limited 17 Feb 2011

Stratabound Minerals Receives Initial Exploration Results from Captain Copper-Cobalt Deposit

Stratabound Minerals Corp. (TSXV: SB) has presented results of its initial exploration program on 50 claims optioned from Commander Resources Ltd. extending north from its Captain/CNE claim groups and CNE Mining Lease near Bathurst, New Brunswick.

From Stratabound Minerals Corp. 17 Feb 2011

Southern Hemisphere Mining Reports Drilling Results from El Arrayan Copper Project in Chile

International mining company Southern Hemisphere Mining Limited (TSX VENTURE:SH)(ASX:SUH) has reported encouraging results from the initial 8-hole reverse circulation drilling program at one of its priority copper exploration projects in Chile, the El Arrayan Project, located in the highly prospective Coquimbo Region.

From Southern Hemisphere Mining Limited 17 Feb 2011

Lion One Metals Begins Phase I Exploration at Tuvatu Gold Project in Fiji

Lion One Metals Limited (TSX VENTURE:LIO)(FRANKFURT:LY1) reports that it has commenced a First Phase exploration program on its Tuvatu Gold Project on the Island of Viti Levu in the Fijian Islands.

17 Feb 2011

Beanstalk Capital Signs Asset Purchase Agreement with Almaden Minerals for Elk Gold Project

Beanstalk Capital Inc. has announced it has entered into an asset purchase agreement dated February 16, 2011 pursuant to which Almaden Minerals Ltd. (TSX: AMM, NYSE: AAU) will vend 100% of its Elk Gold Project located near Merritt, British Columbia to Beanstalk in exchange for a controlling interest in Beanstalk and a 2% net smelter returns royalty.

From Almaden Minerals Ltd. 17 Feb 2011

Canadian Arrow Mines Acquires Kenbridge Nickel Project from Blackstone Ventures

Blackstone Ventures Inc. (TSX VENTURE:BLV) has announced that it has agreed to terms on which Canadian Arrow Mines Ltd. will acquire a 100% undivided interest in Blackstone's interest in the Kenbridge nickel project in Ontario.

From Blackstone Ventures Inc. 17 Feb 2011

Augen Gold and Sanatana Diamonds Sign Joint Venture Agreement

Augen Gold Corp. (TSX VENTURE:GLD) has announced that it has entered into a definitive option and joint venture agreement with Sanatana Diamonds Inc., a company listed on the TSX Venture Exchange under the trading symbol STA, wherein Sanatana was granted an option to acquire up to 51% undivided interest in the rights to 46 mineral concessions in Ontario owned by Augen Gold along with a right of first refusal to acquire 9 mineral concessions in Ontario owned by Augen Gold.

17 Feb 2011

Continental Gold Reports Drilling Results from Buriticá Gold Project in Colombia

Continental Gold Limited (TSX:CNL)(OTCBB:CGOOF) has announced results from fourteen diamond drill-holes from the Company's 2010 program at its Buriticá gold project in Antioquia, Colombia.

17 Feb 2011

AndeanGold Receives Approval for Drilling at Urumalqui Project in Peru

AndeanGold Ltd. (TSX VENTURE:AAU) has announced that Peru's Ministry of Energy and Mines has issued the approval voucher of the Company's Declaration of Environmental Impact Study application for its advanced-stage Urumalqui Au-Ag exploration project in Peru.

17 Feb 2011

Inaugural GreenTech Minerals Conference to be Held in Rio de Janeiro

Industrial Minerals Events’ inaugural GreenTech Minerals Conference will take place on 15-16 March 2011 in Rio de Janeiro. It is the only event specialised in the green minerals technology and covering a variety of topics including, but not limited to, wind and solar power, biofuels, batteries and electric vehicles.

16 Feb 2011

Environmental Protection Group Sues Southern Oregon Gold Miner

The rising prices of precious metal seem to have started another gold rush. Donald Bean was working in the construction business but with sky rocketing prices of gold he came back to mining on claims that have been in his family since the Great Depression.

By Dr. Cameron Chai 16 Feb 2011

Sumitomo Metal Mining to Expand Nickel Capacity 60%

Sumitomo Metal Mining Company announced that it would be making a $168 million investment to increase the capacity of a nickel refinery that handles raw metal produced at the subsidiary Taganito HPAL Nickel project in the Philippines. The construction works will be completed by the April - June quarter of 2013.

By Joel Scanlon 16 Feb 2011

Rio Tinto Eyes Equinox Minerals

Rio Tinto may be focusing on Equinox Minerals as a takeover target. The mining giant is said to be looking at small to medium sized new acquisitions may be happy to get the pure copper play as per analysts at the Royal Bank of Scotland.

From Equinox Minerals Limited 16 Feb 2011

Onward & Upwards for BHP Billiton as Profits Soar

First half year profits of BHP Billiton took a record leap of a 71 % to reach a profit of $10.6 billion of which $10 billion will be returned to shareholders. Reuter’s analysts had predicted a profit of $10.3 billion for the same period and they were also surpassed.

From BHP Billiton Plc 16 Feb 2011