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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.

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

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

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.

16 Feb 2011

Australia Loses $60 BN in Mining Revenues

Australia will collect about $60 billion less in mining tax over the next ten years than previously predicted thanks to the changes made in the proposed mining tax last year prior to the elections. The treasury figures say that the original unhampered tax would have collected Australian $99 billion between the financial years of 2012/13 to 2020/21.

16 Feb 2011

Obama Proposes Hard Rock Mining Royalties

President Obama has submitted a new budget proposal to Congress that will charge royalties to mine some hard rock minerals. The budget proposes that new royalties on silver, gold and copper hard rock mining be levied. Then the states getting paid mineral revenues would need to pay back some of it to manage the costs of handling mineral releases.

16 Feb 2011

Gold News

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

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

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

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

Augen Gold and Sanatana Diamonds Sign Joint Venture Agreement

Continental Gold Reports Drilling Results from Buriticá Gold Project in Colombia

AndeanGold Receives Approval for Drilling at Urumalqui Project in Peru

Environmental Protection Group Sues Southern Oregon Gold Miner

Australia Loses $60 BN in Mining Revenues

Obama Proposes Hard Rock Mining Royalties

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Hydrogen Fuel Cell Haul Trucks a Growing Opportunity for Cleaner Mining

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Wide Gold Intercepts at Colosseum

Fortescue’s Christmas Creek Green Metal Project Under Construction in Australia Uses Metso’s Game-Changing DRI Technology

Novel Modeling Technique Enhances Nuclear Waste Safety Assessment

Thermo Scientific™ MarqMetrix™ All-In-One Process Raman Analyzer

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Cubic Instruments' Laser Raman Gas Analyzers: Reliable Solutions for Monitoring Industrial Process Gases

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