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Torex Gold Resources Verifies Geological Mineralization Model of Morelos Project

Torex Gold Resources’ continuing drilling campaign has been validating the geological mineralization model present near the granodiorite interval of its Morelos gold project, Mexico.

12 Oct 2011

Texada Ventures Inks Earn In Agreement with Anadolun Madencilik

Texada Ventures and Anadolun Madencilik have inked an Earn In agreement. According to this agreement, Texada can secure a 95% of interest in the Karasu rare earth metals project of Anadolun, after attaining certain payment requirements.

12 Oct 2011

Blackham Resources Provide Details on Acquisition of Matilda Gold Mine

Blackham Resources is well advancing in its due diligence for the 100% purchase of the Williamson and Matilda gold mines and the Galaxy, Regents, and Carol Prior gold deposits.

From Wiluna Mining 12 Oct 2011

Banro Pours its First Gold in DRC

Banro Corporation has announced the first gold production at its wholly-owned Twangiza gold mine in South Kivu province, Democratic Republic of the Congo ("DRC").

From Banro Corporation 11 Oct 2011

Selwyn Receives Approval to Restart ScoZinc Mine

Selwyn Resources Ltd. has announced that Nova Scotia Environment has approved the proposed ScoZinc southwest expansion of the previously mined Main Pit.

From Selwyn Resources Ltd. 11 Oct 2011

Alderon Iron Ore Corp. to Commence Trading on TSX

Alderon Iron Ore Corp. has announced that it has received final approval for its common shares to be listed and commence trading on the Toronto Stock Exchange at the opening of trading on Wednesday, October 12, 2011.

11 Oct 2011

Mountain Province Diamonds’ Airborne Survey Begins at Kennady North Diamond, Gahcho Kué Projects

Mountain Province Diamonds has begun the aerial gravity survey over its 49% owned Gahcho Kué JV project and 100% owned Kennady North Diamond project.

From Mountain Province Diamonds Inc. 11 Oct 2011

AK Steel Makes New Coal and Iron Ore Deals

AK Steel has taken over a coal company for $36 million as per a statement it released this Tuesday. The American steel company also formed a joint venture with another company to produce iron ore concentrate.

6 Oct 2011

ASX Looks to Revamp Reporting of Mineral Reserves and Resources

The Australian Securities Exchange (ASX) is looking at updating its disclosure rules for mining companies when reporting their mineral reserves and resources. As per the ASX the new rule will help make it easier for the mining companies to procure funding for projects in the pipeline.

6 Oct 2011

Sundance Resources Moves Closer to a Takeover by Hanlong Mining

Sundance Resources is likely to accept the takeover offer initiated by Hanlong Mining. The board of directors of Sundance Resources, have endorsed the $1.65 billion takeover plan of the Chinese company.

From Sundance Resources Limited 5 Oct 2011