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International Minerals, Hochschild Mining Join to Accelerate Production at Inmaculada Property, Peru

International Minerals Corporation (TSX: IMZ)(SWX: IMZ) has announced that the Company has signed the definitive joint venture agreement with Hochschild Mining plc to fast-track production at the IMZ/Hochschild jointly-owned Inmaculada property in southeastern Peru.

From International Minerals Corporation 29 Dec 2010

California Gold Uses Private Placement Proceedings to Acquire Mexivada's Aurotellurio Property, Mexico

California Gold Corp. (OTC Bulletin Board: CLGL) announced it has completed a closing of a private placement offering pursuant to which the Company sold to various institutional and accredited investors and non...

28 Dec 2010

Visible Gold Mines Uses Private Placement Proceedings for Exploration at its Quebec Properties

Visible Gold Mines Inc. (VGD:TSXV and 3V4:FRANKFURT) announces that it has completed its previously-announced private placement by issuing an aggregate of 6,156,250 "flow-through" units at an issue price of $0.80 per unit to five limited partnerships associated with MineralFields Group of Toronto, Ontario and to "accredited investors" in Canada on a prospectus-exempt basis, for gross proceeds to Visible Gold Mines of $4,925,000.

From Visible Gold Mines Inc. 26 Dec 2010

RPT Resources Signs Definitive Agreement with ArPetrol for Business Combination

RPT Resources Ltd. (TSX VENTURE:RPT) has announced that RPT and ArPetrol Inc. have now entered into a definitive agreement dated December 23, 2010 in connection with the arm's length business combination of RPT and ArPetrol which was previously announced on November 22, 2010.

26 Dec 2010

First Gold Exploration, Blue Note Mining to Extend Term for Croinor Gold Project Acquisition

First Gold Exploration Inc. (TSX VENTURE:EFG)(FRANKFURT:F12)(OTCQX:FGEXF) and Blue Note Mining Inc. (TSX.V: BNT) report that they have agreed to extend the term of the binding agreement announced on July 19, 2010 providing for the acquisition by Blue Note of all of First Gold's interests in the Croinor gold project located near Val-d'Or, Quebec.

26 Dec 2010

Athena Silver to Spin-Off Shares of Magellan Gold

Athena Silver Corporation (OTCBB:AHNR), announced today that it will spin-off to its shareholders, pro rata, a majority of its interest in Magellan Gold Corporation.

24 Dec 2010

Petrohawk Energy Sells Natural Gas Assets in Fayetteville Shale to XTO Energy

Petrohawk Energy Corporation (NYSE: HK) today announced that it has completed the sale of its natural gas assets in the Fayetteville Shale, located primarily in Cleburne and Van Buren Counties, Arkansas, to XTO Energy Inc., a subsidiary of ExxonMobil, for $575 million. The sale has an effective date of October 1, 2010.

24 Dec 2010

Santa Fe Gold to Sell 240 Tons of High Value Gold and Silver Concentrate to Aurubis

Santa Fe Gold Corporation (OTCBB: SFEG) has announced it has entered into a contract to sell approximately 240 tons of its anticipated 2011 production of high-value precious metals concentrate to Aurubis AG, Europe's largest copper and precious metals smelter.

From Santa Fe Gold Corporation 24 Dec 2010

Anglo Aluminum Files Independent Technical Report for Koba and Koumbia Bauxite Projects, Guinea

Anglo Aluminum Corp. (TSX-V:ALU) announces that it has filed with regulatory authorities an independent technical report dated December 15, 2010, on the Koba and Koumbia Bauxite Projects, located in Guinea, West Africa, prepared by Coffey Mining Limited.

From Anglo Aluminum Corp. 24 Dec 2010

Pro Minerals Completes Phase I Drilling at Shining Tree Gold Project in Ontario

Pro Minerals Inc. (TSX VENTURE:PRM) has announced that the Company has completed its first phase of diamond drilling on its Shining Tree Gold Project situated southwest of Kirkland Lake, Ontario.

24 Dec 2010

Baffinland Iron Mines Receives Further High Grade Assays from Mary River Project, Canada

Baffinland Iron Mines Corporation (TSX:BIM) today announced further high grade iron assay results from nineteen additional holes drilled at Deposits No. 2, No. 3, No. 4 and No. 5 at the Mary River Project, Baffin Island, Nunavut Territory, Canada.

From Baffinland Iron Mines Corporation 24 Dec 2010

New Pacific Metals Uses Private Placement Proceedings for its Exploration Projects

New Pacific Metals Corp. (TSX VENTURE:NUX), announces that, further to its press releases dated December 3, 2010 and December 6, 2010, New Pacific has completed the brokered private placement of 11,500,000 units of New Pacific at a price of $1.35 per Unit and non-brokered private placement of 6,500,000 Units of New Pacific at a price of $1.35 per Unit.

From New Pacific Metals Corp. 23 Dec 2010

Kalimantan Gold Receives Commitments for 16,125,000 Common Shares from Investors

Kalimantan Gold Corporation Limited (TSX VENTURE:KLG)(AIM:KLG) confirms that it has received commitments from investors for 16,125,000 common shares at a price of C$0.08 or £0.05 per share to raise C$1,290,000 under its previously announced private placement financing.

23 Dec 2010

Premium Exploration to Drop Option on San Pedro Analco Silver Property, Mexico

Premium Exploration Inc. (TSX VENTURE:PEM) announces that it has elected to drop the option on San Pedro Analco, a silver property located in Jalisco, Mexico.

From Premium Exploration Inc. 23 Dec 2010

Aurcana Buys Back Silver Stream Purchase Agreement Inked with Silver Wheaton

Aurcana Corporation (TSX VENTURE:AUN) has reported the buy back of the Silver Stream Purchase Agreement entered into with Silver Wheaton Caymans, a wholly owned subsidiary of Silver Wheaton Corp. is now complete.

From Aurcana Silver Corporation 23 Dec 2010

Mining News

International Minerals, Hochschild Mining Join to Accelerate Production at Inmaculada Property, Peru

California Gold Uses Private Placement Proceedings to Acquire Mexivada's Aurotellurio Property, Mexico

Visible Gold Mines Uses Private Placement Proceedings for Exploration at its Quebec Properties

RPT Resources Signs Definitive Agreement with ArPetrol for Business Combination

First Gold Exploration, Blue Note Mining to Extend Term for Croinor Gold Project Acquisition

Athena Silver to Spin-Off Shares of Magellan Gold

Petrohawk Energy Sells Natural Gas Assets in Fayetteville Shale to XTO Energy

Santa Fe Gold to Sell 240 Tons of High Value Gold and Silver Concentrate to Aurubis

Anglo Aluminum Files Independent Technical Report for Koba and Koumbia Bauxite Projects, Guinea

Pro Minerals Completes Phase I Drilling at Shining Tree Gold Project in Ontario

Baffinland Iron Mines Receives Further High Grade Assays from Mary River Project, Canada

New Pacific Metals Uses Private Placement Proceedings for its Exploration Projects

Kalimantan Gold Receives Commitments for 16,125,000 Common Shares from Investors

Premium Exploration to Drop Option on San Pedro Analco Silver Property, Mexico

Aurcana Buys Back Silver Stream Purchase Agreement Inked with Silver Wheaton

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