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Minmetals to Acquire Anvil Mining

Minmetals Resources is to buy Anvil Mining for $1.3 billion. Minmetals Resources is part of China’s largest metals trader and is interested in Anvil Mining for its copper mines in Africa, in particular the Kinsevere project in the Katanga province of the Democratic Republic of Congo.

3 Oct 2011

Glencore Looks at Phillippines Mining Joint Venture‎

Glencore International AG is hoping to step into a joint venture in Hong Kong with local mining firms NiHAO Mineral Resources International Inc. and AGP Industrial Corporation. The $2 million project was disclosed to the Phillippine Stock Exhcnage by NiHAO.

29 Sep 2011

BHP Says Mining Will Create 170,000 New Jobs Over Next 5 Years

BHP Billiton said that the resources industry in Australia will create many jobs over the next five years. They are expecting a demand for 170,000 workers to hit the industry nationwide providing ample job opportunities to the local communities.

From BHP Billiton Plc 29 Sep 2011

Midlands Minerals Engages Geodrill for New Drilling at Kaniago Project

Midlands Minerals has engaged the Ghana-based Geodrill to perform a fresh drill campaign at its Kaniago gold project, Ghana.

From Midlands Minerals 28 Sep 2011

Cabo Drilling Secures Underground Drilling Contract from Empire Mining

Cabo Drilling, a drilling services company in North Vancouver, has reported that the company’s Eastern European branch in Albania has secured a primary drilling contract from Empire Mining to drill 1,250 m up-hole NQ underground holes at the Bulqiza 1440 project, which comes under the Bulqiza-Batra License of Empire.

From Cabo Drilling Corp. 27 Sep 2011

NMDC to Acquire Half of Australia's Legacy Iron Ore

Indian government-owned NMDC is to buy 50% stake in the Australian Legacy Iron Ore. The Rs 92 crores investment, roughly equal to Australian $19 million, will make it the first Navratna company to get into an overseas project of this magnitude.

25 Sep 2011

PetroWorth Resources to Drill Oil Well at Lake Ainslie Block Property

The Nova Scotia Department of Energy has given approval to PetroWorth Resources to drill an oil well at the Lake Ainslie Block property, Cape Breton.

22 Sep 2011

Orex Minerals Completes Airborne Geophysical Survey at Barsele Gold Project

Orex Minerals has reported that LeBel Geophysics and Suomen Malmi Oy (SMOY) are engaged with the follow-up ground surveys, as a result of the completion of the aerial geophysical survey for the 2,500 line-km during July 2011 at the Barsele gold project, Sweden.

From Orex Minerals Inc. 22 Sep 2011

Sagebrush Gold Obtains Further Mining Claims from Centerra Gold

Sagebrush Gold has leased 24 mining claims from Centerra Gold. The location of these unpatented mining claims are in the Mt. Springs Mining District, Nevada, and contiguous to the Red Rock 283 claim group, which was purchased by Sagebrush Gold in June, 2011 and began 16,000 ft drilling campaign, totaling 9 holes, in August, 2011.

21 Sep 2011

Discovery Ventures, Major Drilling Group International Ink Contract for La Sarita Project

Discovery Ventures and Major Drilling Group International have inked a drilling contract. The diamond drill program will be started at the La Sarita Project this week.

21 Sep 2011