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Roxgold Announces Exploration on its Three Concessions in Burkina Faso

Roxgold Inc. (TSX VENTURE:ROG) has announced its planned work program on its optioned properties in Burkina Faso, West Africa.

9 Nov 2010

Urastar Energy Signs Letter of Intent to Acquire El Antimonio Property in Mexico

Urastar Energy Inc. (TSX VENTURE:URS) announces the option to acquire the El Antimonio property in Mexico.

9 Nov 2010

Geologix Explorations Reports Remaining Assay Results from Libertad Property

Geologix Explorations Inc. (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(MUNICH:GF6)(STUTTGART:GF6) has announced assay results from the remaining eight holes of the recently completed ten-hole initial drill program at the Libertad property in Sonora State, Mexico.

9 Nov 2010

Fronteer Gold Continues to Intersect High Grade Gold at Long Canyon Project in Nevada

Fronteer Gold (TSX:FRG)(NYSE Amex:FRG) announces that ongoing drilling to the northeast of the current resource area continues to intersect wide intervals of high-grade gold at its wholly owned Long Canyon gold project in Nevada.

9 Nov 2010

Coalcorp Mining Purchases 6 Million Common Shares from Gold Hawk Resources

Coalcorp Mining Inc. (NEX: CCJ.H) announces that it has acquired 6,000,000 common shares of Gold Hawk Resources Inc. (TSX-V: GHK) by way of a private placement, at a subscription price of $ 1.25 per common share for $7.5 million.

9 Nov 2010

Aurizon Mines Identifies Significant Mineralized Zones at Rex South Property in Quebec

Aurizon Mines Ltd. has announced the discovery of a major gold-silver-copper-tungsten mineralized zone on the Rex South property in Nunavik, Northern Quebec.

9 Nov 2010

Canadian International Updates on Drilling at Carbo Rare Earth Element Property

Canadian International Mineral Inc. (CIN - TSX.V) and Commerce Resources Corp. (CCE - TSX.V) has updated the current and ongoing diamond drill program on their Carbo Rare Earth Element property.

9 Nov 2010

Brazilian Gold Acquires Regent Brazil Holdings

Brazilian Gold Corporation has announced that it has recently completed the acquisition of Regent Brazil Holdings Limited, which holds title through option agreements to four projects in the Tapajós Mineral Province in Pará state and two projects in Mato Grosso state of northern Brazil.

From GoldMining Inc. 9 Nov 2010

Amerilithium Updates on 8-Hole Drill Program at Paymaster Canyon Project in Nevada

AmeriLithium Corp. (OTC Bulletin Board: AMEL) has released details on its planned 8-hole drill program on the Company's Paymaster Canyon Lithium brine project in Nevada, USA.

9 Nov 2010

Randgold Resources Pours First Gold at Ivory Coast Mine

Randgold Resources Ltd. has announced their first gold pour from the Tongon mine in the Ivory Coast. The company had forecast an average annual production of about 277,000 ounces of gold from the mine. The first bar of gold was produced with great ceremony in the presence of government representatives and other dignitaries.

From Randgold & Exploration Company Limited 9 Nov 2010

Galaxy Resources Gets Financial Boost from China

Galaxy Resources (ASX:GXY) is getting a financial shot in the arm from two of China's richest men. The money will come from Li Shu Fu, who controls Hong Kong listed carmaker Geely and 44-year-old Wu Yue Ming, the owner of fast-growing conglomerate Fengli.

From ALLKEM LIMITED 9 Nov 2010

Collahuasi Copper Mine Running Smoothly Despite Strike Action

The Collahuasi copper mine is said to be running normally even as the workforce strike enters a fourth day as per the joint owners Anglo American and Xstrata.

From Anglo American Plc 9 Nov 2010

ArcelorMittal Bids for Baffinland Iron Mines

The world's largest steel producing company, ArcelorMittal, has decided to buy Baffinland Iron Mines Corp for Canadian $433 million. Its subsidiary ArcelorMittal South Africa Ltd which made the bid had been worried about heading into a bidding war with rival Nunavut Iron Ore. However no competing bid is currently expected.

From Baffinland Iron Mines Corporation 9 Nov 2010

Shell Offloads $3.3 Billion Stake in Woodside

Royal Dutch Shell has agreed to sell one third of its stake in the Australian company Woodside Petroleum for $US3.3 billion or about $A3.26 billion. Approximately 78.34 million shares would be sold by Shell to equity investors as per a company statement.

From Woodside Petroleum Ltd. 9 Nov 2010

Zimbabwe Knocked Back by Kimberley Process for Diamond Exports

Zimbabwe has still not managed to get approval from the Kimberley Process Certification Scheme (KPCS) to sell its diamonds from the controversial Marange field. KPCS officials were hoping to reach an agreement by Thursday but this did not materialize.

By Dr. Cameron Chai 8 Nov 2010