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Trevali Mining Announces First Drilling Results from Halfmile Deposit, Canada

Trevali Mining has reported the first drilling results from the metallurgical test of the Upper zone at Halfmile lead-zinc-copper-silver deposit in New Brunswick, Canada.

11 May 2011

Tara Minerals Signs Agreement to Buy La Verdes Project Grouping

Tara Minerals has signed an agreement to buy the La Verdes gold, silver, zinc and lead project grouping.

10 May 2011

Daulton Capital Acquires Gold Property in Papau New Guinea

Daulton Capital has purchased 750,000 hectares in Papau New Guinea, which is rich in gold.

10 May 2011

Zijin Mining Fined for Toxic Mining Spill

Zijin Mining Group has been ordered to pay a fine of $4.6 million for the toxic spills in the Fujian province originating from its properties. The spill at the Zijinshan Gold and Copper Mine which occurred a year ago poisoned a river and killed many fish besides devastating the area.

5 May 2011

Barrick Gold Looks to Secure Future with Copper

The world's largest gold mining company Barrick Gold has moved into copper mining at a large scale. The company expects to produce nearly 300 million pounds of copper in the current year along with 7.8 million ounces of gold. With its acquisition of Equinox Minerals the copper figure may quadruple.

From Barrick Gold Corporation 2 May 2011

Extract Resources Seeks Clarification from Namibia

Extract Resources is a uranium explorer hoping to conduct business in Namibia. The company has said that it will be seeking clarification from the Namibian government on comments that were made by it regarding plans to assign almost all mining and exploration rights to the state owned mining company.

1 May 2011

INV Metals Updates on Exploration Drilling at Rio Novo and Itaporã Properties

INV Metals has announced an update on exploration at the Rio Novo property in the Carajás County, Brazil and the Itaporã property in the Pará state, Brazil.

30 Apr 2011

Wildcat Silver Releases Additional Assay Results from Hermosa Property

Wildcat Silver has released two additional step-out hole results from its Hermosa property in Santa Cruz County, Arizona.

27 Apr 2011

Barrick Gold Acquires Equinox

In a bid to diversify and grow Barrick Gold has stepped into the copper market by masterminding a $7.14 billion aquisition of Equinox Minerals. In a move that shook up the mining industry the Canadian miner said that it was planning to expand its potential gold and copper reserves by buying Equinox Minerals on Tuesday. This puts rest to Minmetals’s takeover bid for the company which was of $7.3 billion value.

From Lundin Mining Corporation 26 Apr 2011

Cadan Resources Completes Definition Drilling at Comval Property

Cadan Resources has completed resource definition drilling at its Tagpura porphyry skarn, which is present on the Comval property in East Mindanao, Philippines.

25 Apr 2011