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Lundin Mining Advises Shareholders to Reject Equinox Bid

Ludin Mining has asked its shareholders to reject the Canadian $4.7 billion bid made by Equinox Minerals saying that the offer is under valuing the company and is considered too uncertain. Ludin Mining said that the debt financed takeover bid from the company was financially inadequate and highly risky.

From Lundin Mining Corporation 21 Mar 2011

Ivanhoe Mines Discovers New Mineralization Zone at Entrée - Oyu Tolgoi Joint Venture

Entrée Gold remarks on the latest news of Ivanhoe Mines, which has announced the occurrence of a new shallow copper-molybdenum-gold mineralization zone just north of Entrée – Oyu Tolgoi joint venture ground in Mongolia.

18 Mar 2011

Gold Resource Begins Arista Underground Ore Processing

Gold Resource announces the production conversion and beginning of processing the La Arista underground ore. Gold Resource is a low-cost gold producer in the southern state of Oaxaca, Mexico.

From Gold Resource Corporation 18 Mar 2011

Skilled Migrants and Apprenticeships to Support Australia's Mining Boom

Employment Minister of Australia Chris Evans announced that mining giants would be able to import labour to work in their mines.

16 Mar 2011

Southern Silver Begins Drill Program at Cerro Las Minitas, Mexico

Southern Silver Exploration commences the primary 3,000 meter diamond drill program at Cerro Las Minitas project in Durango State, Mexico.

From Southern Silver Exploration Corp. 16 Mar 2011

Suspension of Underground Mining at Mount Gordon

At the Aditya Birla Minerals Ltd owned Mount Gordon mine, QLD, the collapse of a vent shaft collar has resulted in a delay to reopen the mine. The company gave a statement saying that while there were no injuries resulting from the accident they had evacuated the workers in a bid to investigate what went wrong.

14 Mar 2011

Democratic Republic of Congo Lifts Mining Ban

Cobalt,Copper,Diamonds,Tantalum,Tin

13 Mar 2011

Equinox Minerals Posts Strong Quarterly Results

Equinox Minerals has beaten analysts estimates as it reported a fourth quarter profit. It also said that its full year copper output has surpassed its guidance. Equinox ended the year with $319,480 million in cash and cash equivalents.

10 Mar 2011

Prospector Hits Jackpot with Oz Minerals Deal

Rudy Gomez, a mining prospector, has sold the Carrapateena gold and copper project to Oz Minerals. The prospective mine is located in South Australia close to the BHP Billiton Olympic Dam mine.

9 Mar 2011

Goldcorp, Xstrata Queensland Sign LOI with Yamana Gold for Agua Rica Copper Gold Project

Goldcorp and Xstrata Queensland ("Xstrata") sign a letter of intent (LOI) with Yamana Gold (Yamana) in which Minera Alumbrera (MAA) will have an option with respect to acquisition of Yamana's Agua Rica project in Alumbrera mine in the Catamarca province, northwest Argentina.

9 Mar 2011