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Cap-Ex Ventures Completes Redmond Properties Acquisition

Cap-Ex Ventures has closed the option agreement with Kal Malhi to acquire Redmond Properties.

24 Mar 2011

Adriana Resources Receives Drilling Results from Lac Otelnuk Iron Project

Adriana Resources has reported all evaluation results from the diamond drill program at Lac Otelnuk iron project, Northern Quebec.

24 Mar 2011

Cliffs Natural Resources Aims to Raise $1 Billion

Cliffs Natural Resources Inc is hoping to raise $1 billion by selling senior notes. Bonds that carry a coupon rate of 4.8% that will mature in April 2021 will be issued for $700 million worth of notes. These will be offered on March 23, 2011. An additional $300 million worth of notes will be issued on April 1, 2011 and these will be with a coupon rate of 6.25% that will mature in October 2040.

From Cleveland-Cliffs Inc 20 Mar 2011

Sundance Resources Upgrades Mbalam Iron Ore Reserves

Shares in Sundance Resources, an international resources company developing the Mbalam Iron Ore Project in the Republic of Cameroon and the Republic of Congo, in central west Africa, shot up by almost 7% once it reported finding high quality iron ore at Mbalam.

From Sundance Resources Limited 17 Mar 2011

Congress Goes After Karnataka Ministers Involved in Illegal Mining

In the Indian state of Karnataka the opposition Congress has again raised the issue of illegal mining in the assembly leading to the continued embarrassment of the BJP led government. Congress MP Sanjay Nirupam took on the BJP saying that they should initiate action against Karnataka ministers allegedly involved in illegal mining in Bellary.

17 Mar 2011

Skilled Migrants and Apprenticeships to Support Australia's Mining Boom

Employment Minister of Australia Chris Evans announced that mining giants would be able to import labour to work in their mines.

16 Mar 2011

Curlew Lake Resources to Begin Drilling at Two Exploration Fronts

Having overcome delays at FBA 9-14-57-24 W4M the well site construction is in progress now. The Company contracts a coil tubing drilling unit to drill a well to examine the Ellerslie formations.

14 Mar 2011

Pacific Iron Ore to Begin Drilling Activity at Bugaboo Creek Project

Pacific Iron Ore announces the beginning of the drilling program at Bugaboo Creek project.

11 Mar 2011

Tata Steel and New Millenium to Develop Tasconite Iron Ore Project

New Millennium Capital Corp. of Canada and Tata Steel Ltd. of India have decided to develop the large scale iron ore reserves in Labrador and Quebec. This is the latest bid by a global steel making company on Canada’s resources to secure raw material for manufacturing steel.

8 Mar 2011

South Africa Slips in Mining Attractiveness Index

The Fraser Institute has released its latest Survey of Mining Companies last week. This international survey is conducted annually by the Toronto based institute. It assesses the attractiveness of a particular region to mine investors and operators. The ranking of South Africa fell this year amongst the 79 major mining regions to position 67.

8 Mar 2011