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Dia Bras Exploration Identifies High Grades Silver-Gold at Bacerac Property in Mexico

Dia Bras Exploration Inc. (TSX VENTURE:DIB) has reported that surface sampling of the San Patricio prospect on its wholly owned Bacerac Property has identified high grades of silver and gold.

From Dia Bras Exploration Inc. 24 Jan 2011

Canadian Zinc Enters Impact Benefit Agreement with Nahanni Butte Dene Band to Develop Prairie Creek Mine

Canadian Zinc Corporation (TSX:CZN)(OTCBB:CZICF) has announced the signing of an Impact Benefit Agreement with the Nahanni Butte Dene Band with respect to the development and operation of the Company's Prairie Creek Mine in the Northwest Territories of Canada.

From Canadian Zinc Corporation 24 Jan 2011

Aurizon Mines Intersects 66 G/T Gold over 1.2 Metres at Marban Block Property in Quebec

Aurizon Mines Ltd. has announced the latest drill results at the Marban Block property, located in the Malartic gold camp, Abitibi region of Quebec.

24 Jan 2011

Aurcana Begins Drilling at Shafter Silver Mine in Texas

Aurcana Corporation (TSX VENTURE:AUN) has announced that work has commenced on the 100 percent owned Shafter Silver Mine, located in Presidio County, southwest Texas.

From Aurcana Silver Corporation 24 Jan 2011

African Metals Updates on Exploration at Luisha South Project

African Metals Corporation (TSX VENTURE:AFR)(FRANKFURT:OWW) has provided an update on exploration activities at its Luisha South Project in the Democratic Republic of the Congo.

24 Jan 2011

American Eagle Energy Acquires Synergy Resources

American Eagle Energy Inc. announced today that it has acquired from Synergy Resources LLC, a private company, all of Synergy's working interests and certain other contractual rights of Synergy, including farm-in rights and rights in and to certain oil and gas leases, as well as all intellectual property and records held by Synergy, in each case relating to the projects and prospects identified as the "Glacier Project", the "Elm Coulee Project", the "Saskatchewan Prospects" and the "Benrude Prospect".

24 Jan 2011

Golden Hope Mines Begins Drilling at Bellechasse-Timmins Gold Deposit

Golden Hope Mines Limited (TSX VENTURE:GNH)(OTCQX:GOLHF) has announced that the 2011 winter diamond drill campaign on the Bellechasse-Timmins gold deposit on the Bellechasse Belt of Southeastern Quebec is currently in progress.

From Golden Hope Mines Limited 24 Jan 2011

Excalibur Resources Receives Mines Act Permit to Explore Silver King and Cariboo Properties

Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) has announced that it has received its Mines Act Permit which authorizes exploration activities on its Silver King and Cariboo properties.

From Excalibur Resources Ltd. 24 Jan 2011

NLMK to Develop Usinsk Coal Deposit in the Komi Republic

NLMK has won the right to develop the third mining area in the Usinsk coal deposit (Usinks-3) located in the north of the Komi Republic. NLMK was selected following a competition organized by the Subsoil Agency of the Komi Republic. The license fee is RUR900 million. The license granting the right to develop the mine will be obtained within two months.

23 Jan 2011

Supreme Court of India Says Karnataka Iron Ore Ban Not Forever

The Supreme Court of India told the state government of Karnataka that it could not keep up an iron ore transportation ban forever. The ban which was imposed by the state government in an effort to stem illegal mining and export of iron ore was issued last year in July.

By Joel Scanlon 23 Jan 2011

China Tightens Grip on Rare Earths

The Ministry of Land and Resources in China has used a mining law to gain direct control of 11 rare earth mining districts in southern China. This will allow the Chinese government greater control over production and export of rare earth minerals that are needed to produce many high tech electronics goods.

By Joel Scanlon 23 Jan 2011

OceanaGold's Philippine Gold and Copper Mine Back on Track

OceanaGold Ltd, an Australian listed mining company, announced on Thursday that its Didipio gold and copper project in the Philippines was on track. Commercial production is being seen possible by early 2013 for the mine as all local laws have been met with compliance.

From OceanaGold Corporation 23 Jan 2011

Kenmare Resources Boosts Titanium Mineral Output at Moma Project

Kenmare Resources announced that its Moma project mineral concentrate output had increased by 8% in the second half of last year as compared to the first half.

From Kenmare Resources plc. 23 Jan 2011

Gem Diamonds Awarded Mining Licence in Botswana

Gem Diamonds has obtained a mining license to explore the Gope diamond deposit located in the Central Kalahari game reserve in Botswana. The awarding of the license has brought about a sharp reaction from environmentalists such as Survival International.

From Gem Diamonds Limited 23 Jan 2011

Newmont Mining Announces Increased Copper and Gold Output

For Newmont Mining the preliminary results for output of gold and copper production in 2010 are higher than in 2009. The compnay produced 5.4 million ounces of gold and 327 million pounds of copper in 2010. While the gold produced was marginally more there was a 45% hike in the production of copper when compared to 2009 figures.

From Newmont Mining Corporation 23 Jan 2011