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Rencore Resources Signs Option Agreement to Acquire Lizar Property in Ontario

Rencore Resources Ltd. (CNSX:RNC) has announced that it has entered into an option agreement to acquire a 100% interest in the mineral rights to 447 claim units totalling approximately 7,152 hectares (17,737 acres) in the Kabinakagami portion of the Dayohessarah-Kabinakagami greenstone belt.

23 Nov 2010

Empire Resources Discovers Nickel Copper Outcrop at Yuinmery

Empire Resources (ASX:ERL) has discovered new outcrops of nickel and copper sulphide at Yuinmery, south Western Australia. Dubbed as the Constantine prospect, the ironstone outcrop has traces of anomalous nickel, copper, cobalt, platinum and palladium. It is about 350 meters in length and 48 meters in width.

From Empire Resources Limited 22 Nov 2010

Growing Concern from Europe on Future Supply of Raw Materials

The European Union is seeing the shortage of raw materials as a major risk for the global economy as demand begins to exceed supply. European Union trade chief Karel De Gucht said that no country possessed all the raw materials that it needed.

21 Nov 2010

INV Metals Begins Drilling at Rio Novo Property in Brazil

INV Metals Inc. (TSX:INV) has announced a diamond drill program has commenced at the Rio Novo North gold, platinum and palladium target, located in the prolific Carajás mineral province of Brazil.

18 Nov 2010

Royal Bafokeng Platinum Co Lists on Johannesburg Stock Exchange

The Royal Bafokeng nation is delighted to see one of its companies, Royal Bafokeng Platinum Company, listed on the Johannesburg Stock Exchange. It is a South African mining company which is owned by an ethnic group that lives in north of the country. The Platinum mining company saw its stock shoot up on the first day of trading raising nearly $440 million.

10 Nov 2010

Prophecy Resource Announces Sampling Results from Wellgreen Project, Yukon

Prophecy Resource Corp. (TSX VENTURE:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) reports results from extensive underground sampling program from its 100% owned Wellgreen Project located in the Yukon, Canada.

4 Nov 2010

Trade Wars Predicted Over New Energy Materials

Declining reserves of energy minerals are pushing up prices for materials used in alternative energy sources. James Burnell of the Colorado Geological Survey is warning the Geological Society of America that the rare metals needed to build alternative energy generators will trigger a trade war.

2 Nov 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

Platinum Group Metals to Use Equity Financing Proceeds to Increase Interests in WBJV Project

Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) has announced that it has closed its previously announced bought deal equity financing of 61,000,000 common shares at a price of Cdn$2.05 per share for aggregate gross proceeds to the Company of Cdn$125,050,000.

From Platinum Group Metals Ltd 25 Oct 2010

Strong Quarter Reported by Anglo American

Anglo American mining company headed by CEO Cynthia Carrol reported an increase in its third quarter production for most commodities. In an overall consistent performance the company has seen increased productivity in the quarter ending September 2010.

From Anglo American Plc 22 Oct 2010