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Vedanta Resources to List Zambian Copper Arm on London Stock Exchange

Indian mining company Vedanta Resources is going to list its Zambian copper arm on the London Stock Exchange in a bid to raise $1.1 billion as per a statement by the firm on Tuesday. The Konkola Copper Mines are owned 79% by Vedanta Resources.

From Vedanta Resources plc 17 Nov 2010

First Uranium Announces Fall of Ground Accident at Ezulwini Mine

It is with deep regret that First Uranium Corporation announces that a fall of ground accident at its Ezulwini Mine near Westonaria on the West Rand has claimed the life of a mine employee and injured three others.

From First Uranium Corporation 17 Nov 2010

Medusa Mining Receives Approval to Build New Co-O Treatment Plant

Medusa Mining Limited (TSX:MLL)(ASX:MML)(LSE:MML), through its Philippines operating company Philsaga Mining Corporation has announced that the Board has approved the construction of a new Co-O treatment plant and associated infrastructure.

From Medusa Mining Limited 17 Nov 2010

New Dimension Resources Announces Final Title Confirmation at Cenepa Gold Project, Peru

New Dimension Resources Ltd. (TSX VENTURE:NDR) has reported it has been notified by its Peruvian legal counsel that final title confirmation has been received by Minera NDR Peru S.A.C. for an 800 hectare concession within the Company's Cenepa gold project, located in northern Peru.

From New Dimension Resources Ltd. 17 Nov 2010

Plato Gold Grants Threegold Resources Option to Earn 75% Interest on Vauquelin Properties

Plato Gold Corp. (TSX VENTURE:PGC), an exploration company with a portfolio of properties in significant gold mining camps in Northern Ontario, Northern Quebec, and Santa Cruz, Argentina, announce that the Company has signed an agreement granting Threegold Resources Inc. (TSX: THG) the option to earn a 75% interest in Plato's Vauquelin Properties consisting of two properties, known as the Hop O'My Thumb Property with 36 claims and the Vauquelin Property with 17 claims, located in the Townships of Vauquelin in the Province of Quebec.

From Plato Gold Corp. 17 Nov 2010

PotashCorp Approves Share Repurchase Program up to US$2 Billion

Potash Corporation of Saskatchewan Inc. today announced that its Board of Directors has approved the commencement of a share repurchase program authorizing up to US$2 billion in repurchases of PotashCorp's outstanding common shares over a one-year period through a normal course issuer bid.

17 Nov 2010

Rockcliff Resources Stakes 23 Additional Mining Claims for Black Property in Ontario

Rockcliff Resources Inc. (RCR: TSXV) has announced that it has staked an additional 23 mining claims adjacent to its Black Gold Property located 30 km NW of Kirkland Lake, Ontario.

17 Nov 2010

Sterling Group Inks Letter of Intent with Shimen Merchants for Phosphate Production

Sterling Group Ventures, Inc. (OTCBB:SGGV)(FRANKFURT:GD7) has reported that it has signed a letter of intent dated November 10, 2010 with Shimen Merchants Bureau to put into production the Shujiatai phosphate property located in Shimen County, Hunan Province, China.

17 Nov 2010

Tanzania Minerals Buys Two Additional Gold Properties Near Mrangi Gold Project

Tanzania Minerals Corp. (TZM: TSX-V) (FRANKFURT: CA87600X1087) has announced the acquisition of two additional properties close to its Mrangi property, located in Northern Tanzania in the Lake Victoria Goldfield.

17 Nov 2010

South African Miners Sue Relative of President Jacob Zuma Over Pay Issues

In what will be a historical case South African union mining workers have decided to sue the mine owning relative of President Jacob Zuma. A nephew of the South African president owns that Aurora Empowerment Systems firm. The firm is a black affirmative action investment company which has limited mining exposure.

16 Nov 2010