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Stillwater Mining Acquires Marathon PGM

Stillwater Mining Company (NYSE: SWC) and Marathon PGM Corporation (TSX : MAR) jointly announced today the completion of the acquisition of Marathon PGM by Stillwater.

1 Dec 2010

Latin American Minerals Buys Chiriguelo Rare Earth Elements Project in Paraguay

Latin American Minerals Inc. (TSX VENTURE:LAT) has announced the acquisition of a 100% interest in the Chiriguelo Project in northeast Paraguay.

From Sterling Metals Corp. 1 Dec 2010

Ethos Capital Gets Options to Acquire Two Gold Properties White Gold District, Yukon

Ethos Capital Corp. (TSX VENTURE:ECC) has announced that it has obtained the option to acquire a 100% interest in two prospective gold properties located approximately 120 km south of Dawson City, Yukon.

1 Dec 2010

Focus Ventures Signs Option Agreement to Purchase Santa Rosa Mine in Peru

Focus Ventures Ltd. (TSX-V: FCV.V) has announced that it has signed an Option and Purchase Agreement to acquire the Santa Rosa Mine, a high-grade Ag-Zn-Pb deposit located 100km north of the Peruvian capital, Lima, and 70km southeast of Focus' Minas Chanca silver project.

1 Dec 2010

Big Red Diamond Signs Option Agreement to Buy Four Properties in Carbo Area, BC

Big Red Diamond Corp. (TSX VENTURE:DIA) has announced that it has entered into an option agreement to acquire 100% interest in four properties located in the Carbo area of north-eastern British Columbia.

1 Dec 2010

Otis Gold Executes Agreement to Buy Kilgore Gold Project

Otis Gold Corp. (TSX VENTURE:OOO) has announced that it has executed an agreement to purchase a 100% interest in the Kilgore Gold Project and related assets from Bayswater Uranium Corporation for staged payments of US$1.75 million and 2.0 million shares.

1 Dec 2010

RUSAL Inks Indian Alumina / Aluminium Deal

The world's biggest aluminium and alumina producer, RUSAL has partnered with Indian company Gujarat Foils Ltd. to set up an alumina refinery and aluminium smelter in the Kutch district of Gujarat state, India. The total investment in this endeavour will add up to 140 billion rupees.

30 Nov 2010

Korea Resources Acquires Stake in South African Coal Mine

The company is believed to have acquired a 37% stake in the Vlakplaats coal mining project for US$ 13.8 million from the Australian company Continental Coal.

30 Nov 2010

Leucadia National Signs Binding Agreement with Inmet Mining for Cobre Las Cruces Project

Leucadia National Corporation (LUK - NYSE) announced today that it has reached a binding agreement with Inmet Mining Corporation (IMN - TSX) providing for the acquisition by Inmet of Leucadia's 30% indirect equity interest in and subordinated sponsor loans to the Cobre Las Cruces copper mining project for total value of US$480 million.

30 Nov 2010

Rio Tinto Encounters Strong Iron Ore Deposits at Pilbara Mineral Resources

Rio Tinto has enhanced its strong iron ore position, with new drilling results and ongoing assessment of assets in the Pilbara revealing a 2.0 billion tonne addition to the Mineral Resource base.

30 Nov 2010