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Grayd Resource Reports Drilling Results from Tarachi Gold Prospect in Mexico

Grayd Resource Corporation (TSX VENTURE:GYD) has announced the results from ongoing drilling at the newly discovered Tarachi gold prospect, part of its 100% owned La India project in northern Mexico.

3 Nov 2010

African Aura Mining Intersects 5.2 G/T Gold Over 8 M at Ndablama Gold Prospect in Liberia

African Aura Mining Inc., the TSX-V (AUR) and AIM (AAAM) listed exploration and development company focused on gold and iron ore in sub-Saharan Africa, announces that it has delineated an encouraging target at its Ndablama gold prospect in the Company's Bea Mountain mining licence in western Liberia.

3 Nov 2010

Bellhaven Intercepts Mineralized Zone in Hole DDH-12 at La Mina Project in Colombia

Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) has announced that its third hole (DDH-12) targeting the Middle Zone cut a substantial block of well mineralized porphyry and breccias.

From Bellhaven Copper & Gold, Inc., 3 Nov 2010

Excelsior Mining Updates Details on Gunnison Copper Property

Excelsior Mining Corp. (TSX VENTURE:MIN) has announced additional details on the Gunnison Copper Property.

3 Nov 2010

Erdene Resource to Start Drilling at Khuvyn Khar and Zuun Mod Molybdenum-Copper Targets

Erdene Resource Development Corp. (TSX:ERD) today announced that a 4000-metre drilling program will commence this week on molybdenum and copper targets on the Khuvyn Khar Licence, which will include extension and confirmation drilling of Erdene's 100% owned Zuun Mod molybdenum-copper deposit and drilling of untested porphyry copper geophysical targets.

From Erdene Resource Development Corp. 3 Nov 2010

Abacus Mining Updates on Drilling Program at Afton-Ajax Project

Abacus Mining & Exploration Corporation (TSX VENTURE:AME) reports on the status of its 18,000 metre, 65 hole diamond drill program currently underway at the Company's joint venture Afton-Ajax project located 10 kms southwest of Kamloops, B.C.

From Abacus Mining & Exploration Corp. 3 Nov 2010

Eldorado Gold Completes First Shipment of Iron Ore from Vila Nova Mine in Brazil

Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation, (TSX:ELD)(NYSE:EGO)(ASX:EAU) has announced that Eldorado has completed its first shipment of iron ore produced from its Vila Nova Mine, located in Amapa State, Brazil.

From Eldorado Gold Corporation 3 Nov 2010

Aurizon Mines Reports New Drilling Results from Fayolle Project

Aurizon (TSX:ARZ; AMEX:AZK) has announced a new series of drill results from the exploration program on the Fayolle project located 20 kilometres north-east of Rouyn-Noranda, Québec and 10 kilometres north of Aurizon's Joanna project.

3 Nov 2010

Uravan Minerals Completes Data Analysis on Two Projects

Uravan Minerals Inc. has completed data analysis on their Outer Ring uranium project and Rottenstone Ni-Cu-PGE +Au project.

From Uravan Minerals Inc. 3 Nov 2010

Newmac Resources Encounters High Grade Gold at Trench E on Raft Property

Newmac Resources Inc. (TSX VENTURE:NER)(FRANKFURT:N3M) has received results from its trenching program and a second VLF-EM and magnetic survey recently completed on the Company's Raft Property located approximately 35 km northeast of Clearwater, British Columbia.

3 Nov 2010

Fronteer Gold Purchases AuEx Ventures

Fronteer Gold Inc. (TSX:FRG)(NYSE Amex:FRG) and AuEx Ventures, Inc. (TSX:XAU) jointly announce the completion of the acquisition of AuEx by Fronteer Gold.

3 Nov 2010

Iron Ore Price Negotiations for 2011 Commence

With the proposed joint venture between BHP Billiton and Rio Tinto literally turning to dust in Australia's Pilbara, the main beneficiaries of the collapsed deal appear to be the Chinese.

From Vale 3 Nov 2010

Strike Action at Collahuasi Copper Mine Chile

Collahuasi in northern Chile may be one of the largest copper mines in the world but it is facing a prolonged strike by miners if the current wage dispute is not settled.

By Joel Scanlon 3 Nov 2010

Eldorado Gold Corp Ships First Iron Ore from Brazil

Eldorado Gold Corporation has shipped the first shipment of iron ore from its Vila Nova mine in Brazil. The Canadian company had bought its Australian rival Sino Gold last year.

From Eldorado Gold Corporation 3 Nov 2010

Taseko Mines Knocked Back on Prosperity Mine

The Canadian Government has refused Taseko Mines Ltd’s application to build the Prosperity copper and gold mine. The decision will save Fish Lake, located southwest of Williams Lake, but will also raise a question about future investments in the mining industry in British Columbia.

By Andy Choi 3 Nov 2010