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China Looks to Sure Up Mineral Resources with Domestic Exploration

The Chinese domestic mining industry is set to get a major financial shot in the arm as it gets ready to spend 30 billion yuan or almost 4.5 billion dollars on domestic exploration activities over the next five years. The hunt for domestic mineral deposits is part of an effort by China to reduce its reliance on imported material.

8 Nov 2010

Australia May Tap Restricted Area of Woomera for Natural Resources

The Woomera weapons testing range in South Australia's outback will be downsized to allow mining in the region as per a federal government report recommendation. Vast restricted areas of South Australia will be opened up to mining companies including foreign investors if the review is considered favourably.

From OZ Minerals Limited 8 Nov 2010

Sudan Looks to Expand Mining Industry

Sudan is all set to give its fledgling mining industry a boost by signing ten new deals. The 10 exploration deals for gold and other minerals hope to diversify the dependency on the oil producing south.

8 Nov 2010

Public Consultation to be Conducted for European Goldfields' Project in Greece

European Goldfields Limited (AIM: EGU / TSX: EGU) has announced that another milestone has been reached in the permitting process for its Project in Greece.

From Eldorado Gold Corporation 8 Nov 2010

Diamonds North Intersects 16 G/T Gold over 0.25 M from Halkett Inlet Project in Nunavut

Diamonds North Resources Ltd. (TSX VENTURE:DDN) reports gold values of 7.92 g/T Au over a 4.25 metre chip sample including a 16 g/T Au assay over 0.25 metres on its 100% owned HI-1 Gold Prospect located on the Halkett Inlet project, Nunavut.

From Diamonds North Resources Ltd. 8 Nov 2010

Abcourt Mines Provide Details on Elder-Tagami Surface Drilling Program

Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX VENTURE:ABI)(BERLIN:ABI)(FRANKFURT:ABI), has provided an update on Elder-Tagami surface diamond drilling.

From Abcourt Mines Inc. 8 Nov 2010

China Gold Intersects 17.75 G/T Gold over 9.4 M at Hole ZK4504 in Jiama Property

China Gold International Resources Corp. Ltd. has announced intercepts of high grade gold mineralization at the Jiama copper poly metals project in the Gandise Metallogeny Belt in Tibet, China.

8 Nov 2010

Copper Fox Metals Reports Assay Results from Hole CF398 at Schaft Creek Deposit

Copper Fox Metals Inc. (TSX-Venture: CUU) has announced the assay results for the recently completed diamond drill hole CF398.

8 Nov 2010

Eagle Plains Resources Intersects 2.85 G/T Gold Over 1.5 M at Sprogge Gold Project

Eagle Plains Resources Ltd. (EPL:TSX-V) has received and compiled analytical results from its 100% owned Sprogge project, located within the Tintina Gold Belt approximately 35km southeast of the Cantung Mine, along the Yukon/NWT border.

From Eagle Plains Resources Ltd. 8 Nov 2010

Paramount Gold Announces Exploration Results from San Miguel Project

Paramount Gold (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:WKN:A0HGKQ) announced today that exploration drilling has confirmed the potential for a significant expansion of resources at the Veronica target at Paramount Gold`s 100% owned San Miguel Project in the Palmarejo District of northwest Mexico.

8 Nov 2010