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Focus Ventures Signs Agreement with Peruvian Miner for Minas Chanca Silver Project

Focus Ventures Ltd. (TSX-V: FCV.V) has announced that it has signed the Definitive Agreement with Peruvian miner, Compañia de Minas Buenaventura (NYSE: BVN), which has optioned Focus's 100%-owned Minas Chanca silver property.

From Focus Ventures Ltd. 5 Jan 2011

Wealth Minerals Buys Additional 6,000 Hectares of Ground Near Rodeo De Los Molles Rare Earth Deposit

Wealth Minerals Ltd. (TSX VENTURE:WML)(FRANKFURT:EJZ) has announced that it has acquired an additional ~6,000 hectares of ground with good to excellent rare earth exploration potential, surrounding and subjacent to, the Company's Rodeo de los Molles rare earth deposit, the largest undeveloped Rare Earth Element project in South America with an historical resource of 5.6Mt at 2.1% total rare element oxide.

From Wealth Minerals Ltd. 5 Jan 2011

Puda Coal Enters Asset Transfer Agreement with Three Coal Mines in Shanxi Province

Puda Coal, Inc. (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China and a consolidator of twelve coal mines in Shanxi Province, today announced that Shanxi Puda Coal Group Co. Ltd, a 90% subsidiary of Puda Coal, entered into coal mining rights and mining assets transfer agreements with three coal mines located in Pinglu County, Shanxi Province, on December 28, 2010, Pinglu County Anrui Coal Industry Co., Ltd., Pinglu County Chuntouao Coal Mine and Pinglu County Xiapingcun Coal Mine.

3 Jan 2011

General Moly to Allocate $2.5 Million for Development of Liberty Project

General Moly (NYSE AMEX: GMO) (TSX: GMO) announced that the Company will allocate $2.5 million in its 2011 budget to advance the Company's Liberty project, located in central Nevada.

From General Moly, Inc. 3 Jan 2011

Uranium Resources Completes Lease Option Agreement to Explore 53,500 Acres in Texas

Uranium Resources, Inc. (NASDAQ: URRE) today announced that it has completed an agreement to explore 53,500 acres in Kenedy County, Texas, for three years, with an option to lease the acreage for uranium production. The lease would have a primary term of eight years after lease commencement.

From Uranium Resources, Inc. 3 Jan 2011

Rio Tinto to Donate $1 Million to Flood-Affected Areas of Queensland

Rio Tinto will donate $1 million to assist flood victims following the devastating Christmas-New Year floods in Queensland.

3 Jan 2011

A25 Gold Producers Seeks to Buy Red Elephant Property in Canada

A25 Gold Producers Corp. (FRANKFURT:ALQN) announces it has signed a letter of intent to acquire the Red Elephant gold property in the Slocan mining division of British Columbia, Canada.

3 Jan 2011

Arcelormittal Announces Extension of Offer to Buy Baffinland Iron Mines

ArcelorMittal today announced that it has extended the time for acceptance of its offer to purchase all of Baffinland Iron Mines Corporation's outstanding common shares at a price of C$1.25 in cash per Common Share and all outstanding common share purchase warrants issued pursuant to a warrant indenture dated 31 January 2007 at a price of C$0.10 in cash per 2007 Warrant until 11:59 p.m. on January 10, 2011.

30 Dec 2010

Moly Mines Provides Update on Spinifex Ridge Molybdenum Project Financing Facility

Moly Mines Limited (TSX:MOL)(ASX:MOL) has provided the following update on progress toward the completion of the US$500M financing facility for the Spinifex Ridge Molybdenum Project.

From Moly Mines Limited 30 Dec 2010

Sphere Resources Options to Acquire Ziggurat Prospect in Nevada

Sphere Resources Inc. has entered into an Option and Mining Claims Acquisition Agreement of the "Ziggurat" prospect in Nevada's prolific Round Mountain-Northumberland Gold Trend with Spartan Gold Ltd (OTCBB:SPAG).

30 Dec 2010