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African Aura Mining Updates on Iron Ore Project in Cameroon

African Aura Mining Inc., the TSX-V (AUR) and AIM listed exploration and development company has announced an update for its iron ore project at Nkout, southern Cameroon.

20 Jan 2011

Rio Tinto's Iron Ore Production Up

The multinational mining giant Rio Tinto has seen record iron ore production in the last quarter of 2010. There was a 6% increase in the quarterly production in the final quarter of the year despite the troubles with Iron Ore Company of Canada.

From Rio Tinto plc 19 Jan 2011

Improvement in South Africa's Mining Sector

Production in South Africa's mining sector has risen 9.6% in November on a yearly comparison. In October it had been revised to a 6.5% rise as per available statistics. This is indeed good news as the mining production was showing a negative annual growth rate at the end of May of -7.7%.

19 Jan 2011

Moly Mines Financing Plans Falter

Moly Mines shares dropped sharply as it announced that its 55% Chinese shareholder, Hanlong Mining Investment, has stalled the financing for its flagship project.

From Moly Mines Limited 19 Jan 2011

Nunavut and ArcelorMittal Make Joint Offer for Baffinland Iron Mines

In a tame ending to high drama in the mining world the two suitors for Baffinland Iron Mines joined forces and presented a joint takeover bid for the company.

From Baffinland Iron Mines Corporation 18 Jan 2011

Proposed Lake Torrens Iron Ore Project Knocked Back

An exploration bid by a mining company was shot down by a court in Adelaide as it ruled in favour of native title claimants.

18 Jan 2011

Advanced Explorations Plans for 2011 Iron Ore Drilling Campaign

Advanced Explorations Inc. (TSX VENTURE:AXI) (FRANKFURT:AE6) has announced plans for a 2011 drilling campaign for its Nunavut projects. The Company forecasts that completion of its 2011 feasibility study will involve up to 15,000 metres of infill drilling for its Roche Bay project located on the Eastern coast of the Melville Peninsula. Furthermore, AEI will look at additional drilling along strike with the objective of increasing its NI 43-101 compliant resource estimate to beyond 750 million tonnes.

18 Jan 2011