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Kagera Nickel Acquires Castillian's Nickel Sulphide Project in Tanzania

Castillian Resources Corporation (TSX VENTURE:CT) has announced that all conditions of the previously announced letter agreement with Kagera Nickel Limited (ASX:KNL) have been met.

29 Oct 2010

Franconia Minerals Announces Resource Estimate Updation for Birch Lake Deposit

Franconia Minerals Corporation (TSX:FRA) announces it has received an updated resource estimate for the Birch Lake copper-nickel-platinum group metal deposit, one of three NI 43-101 verified resources identified so far at its Duluth Complex project in Northern Minnesota.

29 Oct 2010

Alto Ventures Intersects 10.01 G/T Gold Over 2.95 M in Hole C-10-42 at Coldstream Project

Alto Ventures Ltd. has announced the assay results of four additional recently completed drill holes on the Coldstream property in Ontario.

29 Oct 2010

Northland Resources Gets Exploitation Privilege for Sahavaara Magnetite Deposit

Northland Resources S.A. (TSX:NAU)(FRANKFURT:NBS)(OSLO:NAUR) has announced today it received from the Mining Inspectorate of Sweden the exploitation concession for the Sahavaara magnetite deposit.

29 Oct 2010

Avala Resources Updates on Gold Targets at Korkan Area in Serbia

Avala Resources Ltd. (TSX VENTURE:AVZ) has presented an update on the Korkan target area, part of the sediment hosted gold belt within the Cretaceous magmatic arc bordering the Timok Magmatic Complex in Eastern Serbia.

29 Oct 2010

Adex Mining Updates on Drilling Program at Mount Pleasant Mine Property

Adex Mining Inc. (TSX VENTURE:ADE) has provided an update on its development activities at its wholly-owned Mount Pleasant Mine Property, located in south-western New Brunswick, Canada.

From Adex Mining Inc. 29 Oct 2010

Newcrest Defends Deep Ocean Disposal of Tailings

Newcrest Mining (ASX:NCM) is defending a 15 year old practice of deep ocean disposal of tailings from the Lihir goldmine as being the best choice.

From Newcrest Mining Limited 29 Oct 2010

Rare Blue Diamond Goes on Display in NY

New York City Museum will display one of the rarest diamonds in the world. It is called the Wittelsbach - Graff Diamond. It will be on display in the Museum of Natural History starting this Thursday until January 2, 2011.

By Joel Scanlon 29 Oct 2010

Cliffs Natural Resources Misses Q3 Estimates, Profits Still Soar

Cliff Natural Resources (NYSE:CLF) has cut its full year coal sales forecast and missed the third quarter profit that analysts had estimated. However that does not mean that the company is not doing well. The Cleveland based company is the largest producer of iron ore in North America.

From Cleveland-Cliffs Inc 29 Oct 2010

Iron Ore Drives Record Profits for Vale

A rise in demand for iron ore along with a new price regime brings the world's second-largest mining company Vale record profits and revenue in the third quarter for 2010.

From Vale 29 Oct 2010

Whitehaven Coal Open to Offers

Whitehaven Coal (ASX:WHC) has begun the formal process of hunting for potential bidders for the company. The shares in the company soared after the board of directors decided that any potential buyers would be given full access to the financial data of the company as part of the bidding process.

From Whitehaven Coal Limited 29 Oct 2010

Lara Exploration Seeks Funding from Avanco Resources for Nickel Sulphide Exploration

Lara Exploration Ltd. (TSX VENTURE:LRA) has reported that it has signed a Letter of Intent whereby Avanco Resources Ltd., may fund nickel sulphide exploration in order to earn a 75% interest in the Company's Conceição License Block, in northern Brazil.

From Lara Exploration Ltd. 28 Oct 2010

Southern Hemisphere Mining Secures A$20 Million for Exploration at South American Copper-Gold Projects

Southern Hemisphere Mining Limited (TSX VENTURE:SH)(ASX:SUH) has announced that it has arranged a A$20 million share placement to underpin a significant new phase of exploration across its portfolio of copper and copper-gold projects in South America as well as initial testing of a newly acquired iron sands project.

From Southern Hemisphere Mining Limited 28 Oct 2010

High Desert Gold Reports Field Work Results from Gold Springs Project in Nevada

High Desert Gold Corporation (TSX VENTURE:HDG)(PINK SHEETS:HDGCF) announces the results from the continuing field activities from the summer work program at the Gold Springs Project in Nevada and Utah.

From Gold Rate 28 Oct 2010

Orex Minerals Enters Agreement to Buy Northland's Barsele Gold Project in Sweden

Orex Minerals Inc. (TSX VENTURE:REX) has announced that it has signed an agreement with Northland Resources S.A. (TSX:NAU)(OSE:NAUR) to buy Northland's Barsele Gold project in Sweden.

From Orex Minerals Inc. 28 Oct 2010