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Chile's Collahuasi Mine Looks for Alternatives for Copper Shipments

Chile's Collahuasi mine, the world's third largest copper deposit, declared it had to shut down its main port following an accident. It is now looking for alternatives to export copper concentrate.

20 Dec 2010

Dutch Gold Resources to Buy Drill Cuttings from Holes Drilled on Basin Gulch Property

Dutch Gold Resources, Inc. (Pink Sheets:DGRI) today announced that it is acquiring the drill cuttings and core from the majority of the 323 holes historically drilled on its Basin Gulch property in Granite County, Montana.

20 Dec 2010

Brazil's MMX to Expand Operations with $2.9 Billion Investment

Brazilian mining group MMX Mineracao e Metalicos S.A. (MMX) has decided to invest 5 billion Brazilian Reais (US$2.9 billion) to expand its operations. The company's board has approved the investment in two iron ore mining projects both of which are located in Brazil.

From MMX Mineracao e Metalicos S.A. 14 Dec 2010

Constitution Mining Completes Gold Separation Equipment Design

Constitution Mining Corp. (OTCBB:CMIN) Investor update: Completion of Design of Gold separation equipment by IHC, and visit by a world leading dredging company.

4 Dec 2010

Rio Tinto to Open Underground Mining Research Facility in Ontario

An investment of $10 million will be made by Rio Tinto over the next five years to create a centre to research underground mine construction in Ontario, Canada. The project in partnership with the Centre for Excellence in Mining Innovation (CEMI) will be based in Sudbury Ontario.

From Rio Tinto plc 28 Nov 2010

B2B Leader Ariba Acquires Quadrem

Quadrem, a global mine supply network has been purchased by Ariba Inc for $150 million. The company which was launched a decade ago by 15 metal and mining companies has been sold to supply chain and collaborative business commerce vendor Ariba.

21 Nov 2010

Harvest Gold Buys 125 Unpatented Lode Claims on Roberts Mountains in Nevada

Harvest Gold Corporation (TSX VENTURE:HVG) has announced that it has staked 125 100% owned unpatented lode claims on the south pediment of the Roberts Mountains in Eureka County, Nevada.

From Harvest Gold Corporation 20 Nov 2010

Entrée Gold to Use Proceedings from Securites Sale to Develop Mineral Properties

Entrée Gold Inc. (TSX:ETG; NYSE AMEX:EGI; Frankfurt:EKA) has today filed and received a receipt for a final short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec, and a corresponding registration statement on Form F-10/A with the United States Securities and Exchange Commission.

20 Nov 2010

Caterpillar Looks to Acquire Bucyrus

The machinery and engine manufacturer Caterpillar has placed a $7.6 billion takeover bid for another equipment maker, Bucyrus. Currently Caterpillar produces heavy duty trucks and excavators. If the deal with Bucyrus goes through it will add giant electrical shovels and other mining equipment to its catalogue.

From Caterpillar 16 Nov 2010

Century Mining to Use Private Placement Proceedings to Develop Lamaque Gold Mine in Quebec

Century Mining has announced that the Company has entered into an agreement with a syndicate of agents co-led by Haywood Securities Inc. and Byron Capital Markets, and including Union Securities Ltd. pursuant to which the Agents have agreed to offer for sale, on a best efforts private placement basis, up to 12,820,513 units of the Company at a price per Unit of C$0.39 for gross proceeds to the Company of up to C$5,000,000.

From Century Mining Corporation 15 Nov 2010