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GoGold Resources Seeks to Buy All Outstanding Securities of Mexico Gold Holdings

Terry Coughlan, President and CEO of GoGold Resources Inc., announces that the Company today has signed a binding letter of intent to acquire all of the issued and outstanding securities of Mexican Gold Holdings Corporation Incorporated, a Canadian company, by way of security exchange.

16 Feb 2011

Kalimantan Gold Signs Option Agreement to Acquire Jelai Gold Project

Kalimantan Gold Corporation Limited (TSX VENTURE:KLG)(AIM:KLG) has provided an update on the option to joint venture agreement announced on December 2, 2010.

16 Feb 2011

Bering Exploration and Glaux Oil + Gas Enter Three-Year Exploration Agreement

Bering Exploration, Inc., (Pink Sheets: BERX) announced today that it has signed a three year exclusive exploration agreement with Glaux Oil & Gas, LLC for the development of numerous leads and prospects in approximately 500,000 gross acres in West Texas.

16 Feb 2011

China Pushing Prices of Iron Ore, Oil and Copper to New Highs

The Chinese Lunar New Year has seen steel mills stock up on inventory before the holiday period to maintain production. This has led to imports of the three key raw materials for industrial steel production to China rising this month and global prices going up consequently. These raw materials include iron ore, oil and copper.

From Vale 15 Feb 2011

Korean Companies Look to Acquire Australia's Whitehaven Coal

Korea Resources Corp and Daewoo International Corp have made a non-binding offer to buy the Australian Whitehaven Coal company. Whitehaven is valued at $3.497 billion and has been on the market since late last year. Final bids are expected to be placed by April 2011.

From Whitehaven Coal Limited 15 Feb 2011

Survey Commences on Diamond Fields International’s Atlantis II Joint Venture Concession

Diamond Fields International Ltd. (DFI:TSX) has announced that the marine research vessel RV POSEIDON is on the Company's Atlantis II joint venture concession conducting a walk-away, sub-bottom profiling survey using the state-of-the-art Abyss 6000 unmanned autonomous vehicle.

From Diamond Fields International Ltd. 15 Feb 2011

Columbus Gold Updates on Paul Isnard Gold Project Acquisition

Columbus Gold Corporation (TSX VENTURE:CGT) has announced that it has satisfied another condition precedent in its proposed acquisition of the Paul Isnard gold project in French Guiana, first announced on December 3rd, 2010, through completion of its due-diligence on the proposed acquisition.

From Columbus Gold Corporation 15 Feb 2011