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Helio Resources Begins 5,000m Drilling at Damara Gold Project, Namibia

Helio Resource has updated on the exploration at its Damara Gold Project (DGP) in Namibia located 25km-130km east of Navachab gold mine of AngloGold-Ashanti (AGA).

From Winshear Gold Corp 19 Apr 2011

KORES, Capstone to Acquire Canadian Copper Miner

The Korea Resources Corporation also known as KORES has set up a consortium to help it acquire the Far West mining company. The South Korean state run company will be buying the Canadian copper miner, which is based in Vancouver, British Columbia, for approximately US $700 million.

18 Apr 2011

Nevada Copper Reports Positive Drilling Results from Pumpkin Hollow Property

Nevada Copper has announced positive drilling results from the Pumpkin Hollow Property, Nevada. NC11-GT01, drill hole has reported assay results from the geotechnical drill campaign.

From Nevada Copper Corp. 18 Apr 2011

Redhill Resources Completes Sampling at MCarthys and Bangemall Cobra Projects

Redhill Resources has completed geochemical soil sampling program at the MCarthys project and a trap stream sampling program at the Bangemall Cobra project.

16 Apr 2011

Lions Gate Metals Reports Drilling Results from Poplar Project

Lions Gate Metals has released the results of drill holes 11-PC-86 and 11-PC-87 from the 2011 drilling program at the Poplar project.

15 Apr 2011

Silver Dragon's JV Commences Exploration at Three Properties in Northern China

Silver Dragon Resources has announced that its 40% equity owned joint venture, Sanhe Sino-Top Resources and Technologies, has started permitted exploration for this year at its three properties in Northern China.

15 Apr 2011

Oz Minerals Reports Increased Copper Output

Oz Minerals has announced a 2% rise in first quarter of copper production. From the Prominent Hill mine the company output 25,708 tonnes of copper in the quarter, this is higher than the 25,185 tonnes of copper in the previous quarter.

From OZ Minerals Limited 14 Apr 2011

Lundin Mining Board Not in Favour of Equinox Takeover

Lundin Mining is not in favour of the hostile takeover bid from Equinox Minerals. The unsolicited Canadian $4.7 billion bid should be rejected by shareholders if the board of director’s recommendation is to count. Equinox Minerals itself has refused a $6.3 billion offer from China’s Minmetals Resources calling it opportunistic.

From Lundin Mining Corporation 13 Apr 2011

Moly Mines Secures Funds for Expansion via Hanlong

Moly Mines have secured finances for developing the Spinfex Ridge molybdenum copper mine. Hanlong Mining, the majority shareholder in the project, has managed to obtain a $500 million financing facility from the China Development Bank for the project located in Western Australia.

From Moly Mines Limited 11 Apr 2011

Sono Resources Enters into Formal Share Purchase Agreement with Tignish

Sono Resources has signed a formal Share Purchase Agreement with Tignish to acquire 95% of the issued and outstanding shares of Bonnyridge, who is the official and valuable holder of three mineral license blocks sited in Northwestern Botswana, Africa.

7 Apr 2011