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International PBX Ventures Discovers New Copper Zone

International PBX Ventures Ltd. has announced the discovery of a new copper porphyry mineralized zone called Copper South. The zone is located about 2.5 km west of the Sulfato South and Cerro Moly Zones in Chile.

15 Sep 2010

Goldcliff Resource Corp Upbeat on Copper Mountain Potential

The company holds 20,503 hectares of land in the Tulameen region near Princeton in British Colombia. This is a combination of 56 mineral claims. The project property is an ideal geological setting for a copper gold mine.

From Goldcliff Resource Corporation 15 Sep 2010

Rio Tinto Increases Stake in Ivanhoe Mines

Rio Tinto announced that it is increasing its stake in Ivanhoe Mines, a Canadian mineral exploration and development company which is currently developing the world's largest undeveloped copper-gold project in the South Gobi region of Mongolia.

From Ivanhoe Mines Ltd 14 Sep 2010

Ivanhoe's Oyu Tolgoi Mine in Mongolia on Schedule

The construction of Ivanhoe's Oyu Tolgoi Copper Gold complex in Mongolia is proceeding as per schedule. The President and Chief Executive Officer of Ivanhoe Mines Ltd. John Macken said that the successful ramp up to full scale construction was a remarkable achievement by the project's workforce and contractors.

From Ivanhoe Mines Ltd 8 Sep 2010

Zijin Mining Group Calls Off Platmin Congo Acquisition

The Zijin Mining Group Company has called off the acquisition of Platmin Congo Ltd. after it was saddled with regulatory probes in China over a recent toxic spill.

7 Sep 2010

Nalco Shoots for African Uranium

After failing to acquire the copper mine in Namibia with Hindustan Copper, Indian company Nalco, Asia's largest, and one of the world's leading aluminium companies, has now decided to shoot for uranium assets in the African country.

6 Sep 2010

Newcrest Mining Seeking New Mergers and Acquisition

After acquiring Lihir Gold for $10 billion, Newcrest Mining is now looking for fresh mergers and acquisition opportunities in the Asia-Pacific and West Africa regions.

From Newcrest Mining Limited 6 Sep 2010

Call to Ban Prosperity Mine Proposal Gaining Momentum

The call to reject the Prosperity Mine proposal has received strong support from the Union of British Colombia Indian Chiefs in Canada. It is also supported by the Tsilhqot'in Nation, Esketemc First Nation, Canoe Creek Band and the Northern Shuswap Tribal Council.

From Taseko Mines Limited 3 Sep 2010

Ascot Resources Hoping to Drill Near Mount St Helens Volcano

Ascot Resources, a Canadian mining company is hoping to drill near Mount St. Helens to determine if it is a viable site for mining minerals. The site is about 12 miles from the volcano.

From Ascot Resources Ltd. 2 Sep 2010

Chile to Reform Mining Tax

Chile is reforming the mining tax on the mining industry and as the world’s largest producer of copper it will be able to raise close to a billion dollars over the next three years if the new tax bill is passed.

1 Sep 2010