Kalimantan Gold Corporation Limited (TSX VENTURE:KLG)(AIM:KLG) has provided an update on the option to joint venture agreement announced on December 2, 2010.
Nanika Resources Inc. (TSXV:NKA) and (FSE:C7X) has announced that it has received all core sample results from its drilling program conducted on the INDI property near the Town of Stewart, British Columbia in November and December of 2010.
Mirasol Resources Ltd. (TSX-V: MRZ) (Frankfurt: M8R) has announced that Phase 2 diamond drilling has commenced on its 100%-held Virginia property, located in Santa Cruz Province, Argentina.
Crocodile Gold Corp. (TSX:CRK)(OTCQX:CROCF)(FRANKFURT:XGC) has announced that it has initiated a drill program at the Crosscourse and Prospect Claim historical open pit targets located within the Union Reefs project area in the Northern Territory of Australia.
Golden Hope Mines (TSX VENTURE:GNH)(OTCQX:GOLHF) has reported further assay results from its 2010 gold exploration campaign at the Bellechasse-Timmins gold deposit in south eastern Quebec.
Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) reports today on assay results from 9 drill holes that include shallow, wide intersections, as well as high grade intersections, expanding the near-surface gold potential at its Akasaba gold-silver project in Val d'Or, Quebec.
CHAMPION MINERALS INC. (TSX:CHM)(FRANKFURT:P02) has announced the start of a 5,000 m diamond drilling campaign on the Company's Moire Lake iron project in the Fermont Iron Property in northeastern Quebec.
Bering Exploration, Inc., (Pink Sheets: BERX) announced today that it has signed a three year exclusive exploration agreement with Glaux Oil & Gas, LLC for the development of numerous leads and prospects in approximately 500,000 gross acres in West Texas.
ANDINA Minerals Inc. (TSX VENTURE:ADM) today announced results from the first six completed drill holes in 2011 at the Ojo de Agua East mineralized zone, situated at the Volcan Project site some 6.5 kms from the known Dorado zone and approximately 4 kms to the north of the proposed Mill and Heap Leach Pad in the Volcan Phase 1 Development Plan.
China's stranglehold on rare earth metals has given jitters to every major economy both developed and developing worldwide after it announced that it would begin restricting export of the minerals last year.
By Joel Scanlon
15 Feb 2011
Paladin Energy (ASX: PDN) has seen its first half net loss grow to $29.5 million as the company revised its production forecast.
Located on the middle fork of the American river near Forest Hill in California, the "Horse Shoe Bar" got its name because of its being naturally shaped like a horse shoe, over a mile and a half around, a few hundred yards wide.
By Dr. Cameron Chai
15 Feb 2011
The largest iron ore producer in Russia is planning to sell 20% of its shares on the London Stock Exchange (LSE). This move of Metalloinvest will expect to value the company at £12.3 billion.
By Joel Scanlon
15 Feb 2011
The Chinese Lunar New Year has seen steel mills stock up on inventory before the holiday period to maintain production. This has led to imports of the three key raw materials for industrial steel production to China rising this month and global prices going up consequently. These raw materials include iron ore, oil and copper.
Korea Resources Corp and Daewoo International Corp have made a non-binding offer to buy the Australian Whitehaven Coal company. Whitehaven is valued at $3.497 billion and has been on the market since late last year. Final bids are expected to be placed by April 2011.