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Geologix Explorations Completes Airborne Geophysical Survey at Tepal Project

Geologix Explorations has completed an aerial geophysical survey over the complete area of Tepal project.

5 Dec 2011

Mariana Exercises Option Over Santa Cruz IAMGOLD JV, Argentina

Mariana Resources Limited has exercised its option to acquire the 30% interest held by IAMGOLD Corporation in the Santa Cruz Joint Venture, to take Mariana's interest from 70% to 100%, subject to an IAMGOLD royalty of 1.5% of net smelter returns.

From Iamgold Corp. 30 Nov 2011

Rio Tinto Succeeds in Bid to Acquire Hathor Exploration

Rio Tinto today succeeded in its bid to acquire Hathor Exploration and will move towards completing the transaction. All of the conditions of the offer, made through an indirect wholly-owned Canadian subsidiary, have been satisfied.

From Rio Tinto plc 30 Nov 2011

Columbus Gold Sells Summit Gold Project to Agnico-Eagle for $8.5 Million

Columbus Gold Corporation has announced that it has sold its interest in the Summit gold project in Nevada to Agnico-Eagle (USA) Limited for US$8.5 million.

From Columbus Gold Corporation 30 Nov 2011

Boart Longyear Provides 2011 Guidance

Boart Longyear has confirmed its current full-year 2011 guidance of US$1.9 billion revenue and US$330 million EBITDA. Depending on the start date of various holiday shutdowns, 2011 performance may exceed both figures, given the current strength of market demand.

From Boart Longyear 30 Nov 2011

New World Gold Corp. Acquires Second Mine in Peru

New World Gold Corporation has announced that is has acquired a second mine in Peru. The mine was ready to go on production but had no milling capability.

29 Nov 2011

Lake Shore Gold Completes Land Sale to Golden Share Mining

Lake Shore Gold Corp. has announced that the Company recently closed its transaction with Golden Share Mining Corporation pursuant to which Lake Shore Gold acquired direct ownership of a total of 21,690,000 common shares of Golden Share representing 19.9% of the outstanding shares, as well as warrants to acquire an additional 10,845,000 common shares of Golden Share (representing 9% of the outstanding shares on a partially diluted basis) at an exercise price of $0.20 per common share.

From Golden Share Mining Corporation 29 Nov 2011

Coastal Energy Drills First Horizontal Development Well at Bua Ban North

Coastal Energy has drilled the A-10 horizontal well at Bua Ban North. This A-10 horizontal well was the first development well in Bua Ban North.

24 Nov 2011

Cabo Drilling Receives Contract to Drill at Musselwhite Mine

Cabo Drilling (Pacific) has secured a contract from Goldcorp Canada to drill 35,000 m at its Musselwhite Mine, which is situated at the Opapimiskan Lake’s south shore in Canada.

From Cabo Drilling Corp. 23 Nov 2011

Paramount Gold & Silver Reports on Economic Potential of Sleeper Project Waste Dumps in Nevada

Paramount Gold & Silver Corp. has announced that its first phase of metallurgical testing on the waste dumps at its 100%-owned Sleeper Gold Project in Nevada has been completed and the results confirm average recoveries of 70% of the contained gold and 34% of the silver, as reported earlier.

From Paramount Gold & Silver Corp. 22 Nov 2011