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Large Scale Copper Mine Planned in Chile

The state owned mining company Corporacion Nacional del Cobre de Chile is all set to build a new mine in the north of the country. The world’s largest copper producing firm is going to invest $2.2 billion in the Ministro Hales mine which will be located in Antofagasta.

22 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

Southern Arc Minerals Signs Heads of Agreement with Newcrest Mining for Taliwang Property

Southern Arc Minerals Inc. (TSX VENTURE:SA) and Newcrest Mining Limited has announced that they have signed a Heads of Agreement involving a joint venture investment in Southern Arc's Taliwang gold-copper property, in the western portion of the Island of Sumbawa, Indonesia.

From Southern Arc Minerals Inc. 22 Nov 2010

Tinka Resources Completes Initial Mapping Survey at Tibillos Copper Porphyry Property

Tinka Resources Limited (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF) Andrew Carter, President, reports that at the Company´s Tibillos copper porphyry property, located in the coastal batholith 65 km east of Ica, Peru, a preliminary mapping survey has been completed.

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

Buchans Minerals and Benton Resources Update on Long Range Nickel Joint Venture

Buchans Minerals Corporation (BMC-TSX-V) and Benton Resources Corp. (BTC-TSX-V) has provided an update on their 50/50 Long Range Nickel joint venture in central Newfoundland.

20 Nov 2010

Hana Mining Reports Zone 3 Drilling Results at Ghanzi Copper-Silver Project

Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH) has announced drilling results from the completion of the initial reconnaissance drilling at Zone 3, which is located approximately 5 km to the northwest of the Banana Zone, at the Ghanzi sediment hosted Copper-Silver Project in Botswana.

19 Nov 2010

Dynacor Gold Mines to Begin Phase 1 Drilling Campaign at Tumipampa Property

Dynacor Gold Mines Inc. (TSX:DNG) has announced that the Company is actively preparing a $5.45 million drilling campaign on its 100% owned Tumipampa property.

From Dynacor Gold Mines Inc. 19 Nov 2010

Astral Mining Seeks to Purchase Controlling Interest in Honeymoon Property, British Columbia

Astral Mining Corporation (TSX VENTURE:AA)(TSX VENTURE:AA.WT) (PINK SHEETS:AAMJF)(FRANKFURT:A7DA) has announced that it has entered into a Letter of Intent dated November 12th 2010 whereby the company may acquire a 100% controlling interest of the Honeymoon Property located on the west side of Adams Lake, 85km northeast of Kamloops, southern British Columbia.

19 Nov 2010

VMS Ventures Announces Latest Drilling Results from Reed Lake Deposit in Canada

VMS Ventures Inc. (TSX VENTURE:VMS) has announced the latest drill and assay results from holes RDL005 to RDL008 inclusive of the in-fill diamond drill program at the Reed Lake Deposit, near Snow Lake, Manitoba, Canada.

19 Nov 2010