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Kimberley Metals Completes Initial Sales Agreement for Mineral Hill Mine

Kimberley Metals has reported that following the receipt of interest expressions from several parties for the off take of the copper concentrate from the Mineral Hill mine, the company is presently completing a preliminary sales agreement for six months. Penfold is supporting the company in this process.

19 Jul 2011

Mutiny Gold Completes Successful Capital Raising

Mutiny Gold is a exploration and development company that focuses on gold, copper and nickel tenements in Western Australia. The company completed a capital raising for funds to drill at the Deflector Gold Deposit located in the Gullewa Gold Project.

18 Jul 2011

Viking Minerals Completes Review of Dolly Varden Gold and Copper Property

The Viking Management and the Technical team of Viking Minerals have finished a detailed review of the data gathered from its Dolly Varden Gold and Copper property located in Elko County Nevada. Early results of the review necessitate investment and assertive exploration.

18 Jul 2011

Caribou Copper Resources, Alix Resources Begin Drilling at Corky Property

Caribou Copper Resources and Alix Resources have begun the drilling program at the Corky property, which is situated 125 km northwest of Haines Junction in Yukon’s Whitehorse Mining District.

18 Jul 2011

Calibre Mining Receives Primary Sampling Results from Borosi Concessions in Nicaragua

Calibre Mining has released the primary sampling results from the surface exposures and trenches from the region around the significant Santa Rita open pit mine.

From Calibre Mining Corp. 15 Jul 2011

Victory Resources Receives Phase I Drilling Results from Reforma Complex Ore Zone

Victory Resources has announced the phase I drilling program results, which was planned to explore the southward geological expansion of the significant Reforma complex ore zone.

14 Jul 2011

Intrepid Mines Reports Fine Gold-Copper Results from Tujuh Bukit Project

Intrepid Mines has announced excellent gold and copper assay results from the hole GTD-11-201, which is a part of the current drilling campaign performed at the copper-gold zone of the Tumpangpitu region.

14 Jul 2011

CuOro Resources Returns High-Grade Copper Mineralization at Santa Elena Project

CuOro Resources has encountered high-grade copper mineralization through a shallow drilling program at its Santa Elena Copper-Gold Project in Colombia.

13 Jul 2011

Stillwater Mining to Acquire Canadian Miner Peregrine Metals

Stillwater Mining Co is to acquire the Canadian company Peregrine Metals for $450 million. This will allow Stillwater Mining to diversify into copper and gold as the Vancouver based Peregrine Altar owns a copper/gold project in the San Juan province in Argentina.

12 Jul 2011

Australian Miners Will Lose Competitive Edge: Gina Rinehart

Gina Rinehart said that the international competitiveness of Australia would be impaired by the proposed mining and carbon taxes. The iron ore heiress was speaking on the sidelines of the Boao Forum for Asia business conference in Perth.

12 Jul 2011