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Aurum Resources Enters Option Agreement to Acquire Century Gold Project

Aurum, Inc (AURM:OTCBB) has announced that its 100% subsidiary Aurum Resources Pty Ltd has entered into an Agreement with the shareholders of the Lao Inter Mining Options Ltd which will result in Aurum acquiring an option to purchase LIMO's 20% interest in Argonaut Resources Ltd which is the beneficial owner of the 223 square kilometer Century Thrust Tenement for $1,350,000.

23 Feb 2011

Tata Steel to Remain as Stakeholder in Riversdale Mining

Riversdale Mining Ltd will see Tata Steel Ltd continue as a major stakeholder. The Indian steel company currently owns a 24% stake in the Australian coal mining company.

From Riversdale Mining Limited 22 Feb 2011

London Mining Completes Scoping Study for Greenland Iron Ore Operation

London Mining PLC, a UK based company, has released a scoping study for its Isua project in Greenland. The 15 million tonnes per annum iron ore mining operation has already seen a pre-feasibility study of 10 million tonnes a year being completed by the company.

From London Mining Plc 22 Feb 2011

Grand Canyon to be Protected from Mining

The Obama administration's commitment to the preservation of the environment may be causing a lot of raised eyebrows in the mining industry but they are going ahead with it anyhow. U.S. Interior Secretary Ken Salazar said that banning uranium mining near the Grand Canyon for twenty years is part of a proposal in a draft study.

By Joel Scanlon 22 Feb 2011

Integra Mining Raises $40 Million

Intergra Mining (ASX:IGR) has raised $40 million in a placement of 83.3 million shares priced at 48 cents a piece. The placement was majorly oversubscribed and it was managed by BBY Limited. Integra Mining was first listed in the Australian Stock Exchange in 2001.

By Joel Scanlon 22 Feb 2011

Goldcorp Reaches Agreement with Cree for Quebec Gold Mine

The deal for the project located in the James Bay region in northern Quebec was approved of by the Grand Council of Crees and the Cree Regional Authority unanimously on February 3. This was a week after the deal was formally approved of by the Waskaganish community.

From Goldcorp Inc. 22 Feb 2011

Taseko Mines Files New Project Description for its Prosperity Gold-Copper Project

Taseko Mines Limited (TSX: TKO) (NYSE Amex: TGB) has reported that it has submitted a new Project Description for its Prosperity Gold-Copper Project with the Government of Canada.

From Taseko Mines Limited 22 Feb 2011

Minera IRL Reports Results of Scout Drilling from Pan De Azucar Prospect in Argentina

Minera IRL Limited, (TSX:IRL) (AIM:MIRL) (BVLAC:MIRL) the Latin American focused gold mining, development and exploration company, announces the results of scout drilling at the Pan de Azucar prospect in Patagonia, Argentina.

From Minera IRL Limited 22 Feb 2011

Innocent and Steele Resources Sign Agreement for Mineral Hill Gold Exploration Project

Innocent Inc. (OTCBB: INCT) has announced it has entered into a material definitive agreement with Steele Resources, Inc. (OTCBB: SELR) to acquire 50% of the Mineral Hill Gold Exploration Project.

22 Feb 2011

Sunridge Gold Begins 8,500 Meter Drilling Program at EmbaDerho Copper-Zinc-Gold Deposit

Sunridge Gold Corp. (TSX VENTURE:SGC) has announced that, as part of a recently announced prefeasibility study on the Asmara North deposits, the Company has started an 8,500 meter drilling program at the Emba Derho copper-zinc-gold deposit.

From Sunridge Gold Corp. 21 Feb 2011

Norsemont Mining Submits NI 43-101 Technical Report of Feasibility Study for Constancia Project, Peru

Norsemont Mining Inc. (TSX: NOM, BVL: NOM) today announced the filing on SEDAR of a Technical Report required under National Instrument 43-101 in respect of the Feasibility Study Optimization for the Company's Constancia copper-molybdenum-silver porphyry project in southern Peru.

From Norsemont Mining Inc. 21 Feb 2011

Caza Gold Acquires Eleven New Properties at Los Andes Gold Property in Nicaragua

Greg Myers, Ph.D., President and CEO of Caza Gold Corp. (TSX VENTURE:CZY)(FRANKFURT:CZ6), has announced that the Company has identified and acquired by staking 100% interests in eleven new properties covering multiple large hydrothermal alteration zones similar in size and nature to the high sulfidation gold alteration system found on the Company's Los Andes gold property in Nicaragua.

21 Feb 2011

Extract Resources in Talks with Rio Over Namibian Uranium Deposit

Extract Resources and Rio Tinto are talking about developing the Husab Uranium project owned by Extract Resources in Nambia jointly with Rio’s nearby Rossing Uranium mine. The Australian company said that it would be able to capture potential synergies if this were to happen.

From Rio Tinto plc 21 Feb 2011

Centamin's Updates on Eqyptian Gold Mine

Centamin Egypt Limited ("Centamin" or "the Company") (TSX:CEE)(LSE:CEY), the gold mining group with operations in Egypt, notes the press speculation with regard to operations at its Sukari mine. Co...

From Centamin Egypt Limited 21 Feb 2011

Acquisitions and Mongolia High on BHP CEO's Agenda

BHP Billiton Chief Executive Officer Marius Kloppers thinks that making acquisitions is still very much on the cards for the mining giant. Its hostile takeover bid for Rio Tinto in 2008 may not have worked and its PotashCorp takeover bid may have been shot down by the Canadian government but they are still looking forward to new opportunities.

From BHP Billiton Plc 21 Feb 2011