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Royal Bafokeng Platinum Co Lists on Johannesburg Stock Exchange

The Royal Bafokeng nation is delighted to see one of its companies, Royal Bafokeng Platinum Company, listed on the Johannesburg Stock Exchange. It is a South African mining company which is owned by an ethnic group that lives in north of the country. The Platinum mining company saw its stock shoot up on the first day of trading raising nearly $440 million.

10 Nov 2010

Prophecy Resource Announces Sampling Results from Wellgreen Project, Yukon

Prophecy Resource Corp. (TSX VENTURE:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) reports results from extensive underground sampling program from its 100% owned Wellgreen Project located in the Yukon, Canada.

4 Nov 2010

Trade Wars Predicted Over New Energy Materials

Declining reserves of energy minerals are pushing up prices for materials used in alternative energy sources. James Burnell of the Colorado Geological Survey is warning the Geological Society of America that the rare metals needed to build alternative energy generators will trigger a trade war.

2 Nov 2010

Franconia Minerals Announces Resource Estimate Updation for Birch Lake Deposit

Franconia Minerals Corporation (TSX:FRA) announces it has received an updated resource estimate for the Birch Lake copper-nickel-platinum group metal deposit, one of three NI 43-101 verified resources identified so far at its Duluth Complex project in Northern Minnesota.

29 Oct 2010

Platinum Group Metals to Use Equity Financing Proceeds to Increase Interests in WBJV Project

Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) has announced that it has closed its previously announced bought deal equity financing of 61,000,000 common shares at a price of Cdn$2.05 per share for aggregate gross proceeds to the Company of Cdn$125,050,000.

From Platinum Group Metals Ltd 25 Oct 2010

Strong Quarter Reported by Anglo American

Anglo American mining company headed by CEO Cynthia Carrol reported an increase in its third quarter production for most commodities. In an overall consistent performance the company has seen increased productivity in the quarter ending September 2010.

From Anglo American Plc 22 Oct 2010

Colossus Minerals Reports Drilling Results from Serra Pelada Gold-Platinum-Palladium Project

Colossus Minerals Inc. (TSX:CSI) has announced the first results of diamond drilling for the extension of the Central Mineralized Zone into the newly acquired land package of the Serra Pelada Gold-Platinum-Palladium Project, the Colossus-COOMIGASP joint venture located in Para State, Brazil.

21 Oct 2010

Tao Minerals Seeks to Acquire Mutata Property in Columbia

Tao Minerals Ltd. (OTCBB:TAON) has reported that it is has presented a letter of intent to acquire the Mutata property, a prospective gold and platinum property in Colombia. Minera Primecap Geological Services has been performing the due diligence on this potential acquisition and General Manager, Mr. Juan Restrepo has acted on behalf of Tao in the negotiation process.

13 Oct 2010

Colossus Minerals Announces More Results from Serra Pelada Project in Brazil

Colossus Minerals Inc. ("Colossus") (TSX:CSI) is pleased to announce the results of further diamond drilling on the Serra Pelada Gold-Platinum-Palladium Project, the Colossus-COOMIGASP joint venture located in Para State, Brazil.

7 Oct 2010

Strike Action Causes Problems for Anglo Platinum in South Africa

Members of South Africa's National Union of Mineworkers (NUM) have gone on a strike in the Rustenberg mine owned by Anglo Platinum. The 55 temporary workers from SAN Labour Hire are converged in the waiting area underground and refuse to come out.

From Anglo Platinum Limited 16 Sep 2010