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AM Gold Commences Exploration Program at Pinaya Gold-Copper Project in Peru

AM Gold Inc. (TSX VENTURE:AMG)(FRANKFURT:AMX) has announced the commencement of the Company's 2011 exploration program at its 100% owned Pinaya Gold-Copper Project in southern Peru.

7 Feb 2011

Asia Now Resources Encounters High-Grade Mineralization at Beiya North

Asia Now Resources Corp. (TSX VENTURE:NOW) has announced that the Company now has 11 rigs drilling at Beiya North adjacent to the open-pit Beiya Gold Mine, the largest gold mine in Yunnan Province of China, whose production capacity has been increased to 200,000 ounces of gold annually.

7 Feb 2011

Philippines Cancels 500 Inactive Mining Permits

The Philippines government seems to be set on putting its mining industry in order with the President Benigno Aquino III declaring an indefinite ban on logging nationwide and Environment Secretary Ramon Paje saying that almost 500 inactive mining permits had been suspended.

7 Feb 2011

A Good Year for Xstrata

Swiss mining giant Xstrata has had a good year and its record production figures for last year support that claim. CEO Mick Davis is naturally pleased with the results, with increased production in coking coal, semi-soft coking coal, nickel and refined nickel leading the way. The company also saw increases in mined copper, lead in concentrate and ferrochrome.

6 Feb 2011

Queenston Mining Updates on Exploration at Kirkland East Project

QUEENSTON MINING INC. (TSX:QMI)(FRANKFURT:QMI)(STUTTGART:QMI) has provided an update on planned activities for the 2011 exploration campaign on its projects located in the Kirkland Lake gold camp.

From Queenston Mining Inc. 5 Feb 2011

Sierra Resource Group Secures Financing Needed for Permitting Process to Begin Mining Operations

Sierra Resource Group, Inc. has acquired a financing commitment, which the Company believes will enable it to begin the permitting process that is necessary prior to bringing the mine back into production.

5 Feb 2011

Sunset Cove Mining Announces Underground Sampling Results from Carolay Property in Peru

Lorne Woods, President of Sunset Cove Mining reports the following results from underground samples taken on its silver- polymetallic Carolay Property in the province of La Libertad in Peru.

5 Feb 2011

Beaufield Resources Announces Assay Results from Troilus Property in Québec

Beaufield Resources Inc. (TSX VENTURE:BFD) has reported results from the first four holes from a 10,000 metre drill program at Tortigny, located on it's 100% owned Troilus property, 100 kilometres north of Chibougamau, Québec.

5 Feb 2011

Ivanhoe Mines Yields US$1.18 Billion in Gross Proceeds from Rights Offering

Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) announced today that final, closing results of its strategic rights offering have confirmed that the offering generated US$1.18 billion in gross proceeds to be used to advance development of the Oyu Tolgoi copper-gold project in Mongolia.

From Ivanhoe Mines Ltd 4 Feb 2011