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EMED Mining Raises $2.4 Million

EMED Mining's recent IPO in Canada was oversubscribed and has raised Canadian $2.4 million. The company is focused on exploring and developing resources of copper and gold.

12 Jan 2011

Escondida Adopts New Mining Royalty in Chile

BHP Billiton's copper mine in Chile, Escondida has agreed to the new mining royalty plan of the government. Andrew Mackenzie the head of the non ferrous mining division of BHP Billiton said that the world’s biggest copper mine had agreed to the royalty program which is at present optional.

From BHP Billiton Plc 12 Jan 2011

Nevada Copper Reports Further Positive Drilling Results from Pumpkin Hollow Property

Nevada Copper Corp. (TSX:NCU) has announce further positive drill results at the 100% owned Pumpkin Hollow Property located in Nevada.

From Nevada Copper Corp. 12 Jan 2011

Vena Resources Intends to Complete Phase I Drilling at Esquilache Project

Vena Resources Inc. (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF) announces that it intends to complete a first phase four hole 1,850 metre diamond drill campaign at the Esquilache project this quarter.

12 Jan 2011

Pure Nickel Encounters High Grade Nickel-Copper at Alaska Property

Pure Nickel Inc. (TSX: NIC, OTCBB: PNCKF) has reported results from a successful exploration season at its MAN, Alaska property.

From Pure Nickel Inc 12 Jan 2011

Crazy Horse Resources Receives Drilling Results from Taysan Porphyry Project

Crazy Horse Resources Inc. (TSX VENTURE:CZH) a Philippines based mineral exploration company, announces assays from the sixth hole of a ten-hole confirmatory drilling program on its Taysan copper-gold-silver porphyry project.

12 Jan 2011

Cornerstone Capital Resources to Commence Drilling at Gama Prospect in Ecuador

Cornerstone Capital Resources Inc. (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) announced today that it has concluded a Definitive Agreement with its joint venture partner that will allow diamond drilling to commence immediately on the Gama Prospect, located in the NW portion of the Company's flagship Shyri Gold-Copper Project in southern Ecuador.

11 Jan 2011

HudBay Looks to Acquire Norsemont

HudBay, a Canadian base metals miner, has made a friendly deal to take over explorer and development company Norsemont.

From Norsemont Mining Inc. 11 Jan 2011

Strait Gold Reports Further Drilling Results from Alicia Copper-Gold Project in Southern Peru

Strait Gold Corporation (TSX VENTURE:SRD) has reported further results from the 2010 drilling campaign at its Alicia copper-gold project in southern Peru including Hole ALC10-08 which intersected 50.5 metres (37.2 metres true width) grading 0.64 copper, 0.08 grams per tonne (g/t) gold and 3.2 g/t silver within a wider mineralized intersection of 129.5 metres (94.25 metres true width) grading 0.33% copper, 0.04 g/t gold and 1.8 g/t silver.

11 Jan 2011

Sama Resources Reports Phase II Preliminary Exploration Results from Samapleu Project

Sama Resources Inc. has announced preliminary results of its ongoing second phase definition and exploration drilling program at its "Samapleu Project".

11 Jan 2011