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Aura Minerals Announces Additional Drill Results from Aranzazu Project in Mexico

Aura Minerals Inc.(TSX:ORA) has released release the second set of drill results from the Phase 1 deep drilling program at its wholly-owned copper-gold-silver Aranzazu Project in Zacatecas State, Mexico.

From Aura Minerals Inc. 12 Oct 2010

Rugby Mining to Acquire Majority Share of Copper Gold Project in Colombia from Rio

Canadian explorer Rugby Mining (TSX:RUG) is to acquire up to 60% interest in the Comita porphyry copper gold project in Colombia. The company is entering into an agreement with Rio Tinto, which currently owns the project.

From Rugby Mining Limited 12 Oct 2010

IsaMills to Process Magnetite at Ernest Henry

Xstrata Technology's IsaMills have been selected for the new magnetite processing circuit being developed at Xstrata Copper's Ernest Henry Mine in Queensland, Australia. The new circuit is part of the planned upgrade at the minesite as it transforms its mining operations from open pit to underground mining.

12 Oct 2010

India Looks to Secure Nuclear Energy Supplies Overseas

India is looking abroad to secure its uranium supply by acquiring mines outside the country. With nuclear energy emerging as viable option which could help meets the growing needs of energy for the world it was important for India to be prepared.

By Joel Scanlon 12 Oct 2010

General Moly Announces Hanlong's Receipt of Second Chinese Governmental Approval

General Moly, the U.S. molybdenum producer, announced that it had been told by Sichuan Hanlong Group (Hanlong) that the Chinese company has received formal approval from the Chinese National Development and Reform Commission (NDRC) to invest in General Moly.

From General Moly, Inc. 12 Oct 2010

Rio Tinto BHP Iron Ore JV Still Alive

The Rio Tinto and BHP Billiton iron ore joint venture in the Pilbara region is still a live issue despite recent claims that Rio Tinto is poised to abandon the project.

From BHP Billiton Plc 12 Oct 2010

Westgold Shows Positive Scoping Study for Rover 1

Westgold has completed a scoping study on its maiden JORC compliant 1.0M gold equivalent ounce resource at Rover 1 as a preliminary assessment of its commercial viability and to determine the requirements for detailed feasibility study estimates.

From Westgold Resources Limited 12 Oct 2010

Terramin Closer to Building One of the World's Largest Zinc Mines

Terramin Australia (ASX:TZN) looks set to build its zinc mine in northern Algeria. The Tala Hamza zinc and lead project is located near Bejaia and will be the world's first block-cave zinc mine.

From Terramin Australia Limited 12 Oct 2010

Big Bear Mining Reveals Initial Exploration Results of Red Lake Claims

Big Bear Mining Corp. (OTC Bulletin Board: BGBR), a U.S. based exploration and development company focused on the acquisition and development of gold and other precious commodity projects, announced today the results from preliminary exploration in Red Lake Claims in Western Ontario.

12 Oct 2010

Golden Phoenix Minerals Acquires All Outstanding Securities of Ra Resources

Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM) has announced that it has entered into a Definitive Acquisition Agreement with Ra Resources Ltd. to acquire 100% of its outstanding securities.

From Golden Phoenix Minerals, Inc 11 Oct 2010

Macdonald Mines Closes $3.4 Million Private Placement with Hudbay Minerals

MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) has announced that it has closed the non-brokered, private placement financing of $3,430,800 with HudBay Minerals Inc. (TSX:HBM) announced on October 6, 2010.

From MacDonald Mines Exploration Ltd. 11 Oct 2010

Pan American Goldfields Completes New Installations at Cieneguita Project Mill

Pan American Goldfields Ltd (OTCBB:"MXOM") has announced that the installation of the ball mill and additional flotation capacity has been completed at the Cieneguita project mill in Chihuahua, Mexico by the Company's partner, Minera Rio Tinto.

11 Oct 2010

Gold Canyon Announces Gold Intercept at Hole SP10-016 in Springpole Gold Project

Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) has announced that it has intercepted 305 meters at 1.03 grams per tonne gold (1,000 feet at 0.030 oz per ton gold) including 174 meters at 1.35 grams per tonne gold (571 feet at 0.039 oz per ton gold) in hole SP10-016 at its 100% controlled Springpole Gold Project, located in the Red Lake Mining District of Ontario, Canada.

11 Oct 2010

U.S. Precious Metals Announces Additional Drilling Results from Solidaridad Project, Mexico

USPR, Inc. announced today additional assay results from the 2010 drilling program on the Company's Solidaridad project in the southern Michoacán province of Mexico.

From U. S. Precious Metals, Inc. 11 Oct 2010

Abcourt Mines Acheives Good Results from Surface Drilling at Elder Gold Property

Mr. Renaud Hinse, president and C.E.O. of Abcourt Mines Inc. (TSX VENTURE:ABI)(BERLIN:ABI)(FRANKFURT:ABI) has announced that excellent results have been obtained in surface diamond drilling at the east end of the Elder Gold Property.

From Abcourt Mines Inc. 11 Oct 2010

Mining News

Aura Minerals Announces Additional Drill Results from Aranzazu Project in Mexico

Rugby Mining to Acquire Majority Share of Copper Gold Project in Colombia from Rio

IsaMills to Process Magnetite at Ernest Henry

India Looks to Secure Nuclear Energy Supplies Overseas

General Moly Announces Hanlong's Receipt of Second Chinese Governmental Approval

Rio Tinto BHP Iron Ore JV Still Alive

Westgold Shows Positive Scoping Study for Rover 1

Terramin Closer to Building One of the World's Largest Zinc Mines

Big Bear Mining Reveals Initial Exploration Results of Red Lake Claims

Golden Phoenix Minerals Acquires All Outstanding Securities of Ra Resources

Macdonald Mines Closes $3.4 Million Private Placement with Hudbay Minerals

Pan American Goldfields Completes New Installations at Cieneguita Project Mill

Gold Canyon Announces Gold Intercept at Hole SP10-016 in Springpole Gold Project

U.S. Precious Metals Announces Additional Drilling Results from Solidaridad Project, Mexico

Abcourt Mines Acheives Good Results from Surface Drilling at Elder Gold Property

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