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Alderon Iron Ore Corp. to Commence Trading on TSX

Alderon Iron Ore Corp. has announced that it has received final approval for its common shares to be listed and commence trading on the Toronto Stock Exchange at the opening of trading on Wednesday, October 12, 2011.

11 Oct 2011

Mountain Province Diamonds’ Airborne Survey Begins at Kennady North Diamond, Gahcho Kué Projects

Mountain Province Diamonds has begun the aerial gravity survey over its 49% owned Gahcho Kué JV project and 100% owned Kennady North Diamond project.

From Mountain Province Diamonds Inc. 11 Oct 2011

AK Steel Makes New Coal and Iron Ore Deals

AK Steel has taken over a coal company for $36 million as per a statement it released this Tuesday. The American steel company also formed a joint venture with another company to produce iron ore concentrate.

6 Oct 2011

ASX Looks to Revamp Reporting of Mineral Reserves and Resources

The Australian Securities Exchange (ASX) is looking at updating its disclosure rules for mining companies when reporting their mineral reserves and resources. As per the ASX the new rule will help make it easier for the mining companies to procure funding for projects in the pipeline.

6 Oct 2011

Sundance Resources Moves Closer to a Takeover by Hanlong Mining

Sundance Resources is likely to accept the takeover offer initiated by Hanlong Mining. The board of directors of Sundance Resources, have endorsed the $1.65 billion takeover plan of the Chinese company.

From Sundance Resources Limited 5 Oct 2011

Bob Hawke Shows Support for Antarctica Mining Ban

Former Australian Prime Minister Bob Hawke is hoping to strengthen the ban on mining in Antarctica. He was joined by former French leader Michel Rocard in Tasmania to persuade more nations to join the mining ban. Michel Rocard is the French ambassador for the polar regions.

5 Oct 2011

WWF Says Toxic Mining Disasters in Eastern Europe Waiting to Happen

The Worldwide Fund for Nature (WWF) has said that toxic mining disasters and industrial accidents are waiting to happen in Eastern Europe. Especially as after a year since the toxic mud spill in Hungary the European Union has been unable to pass any related legislation.

4 Oct 2011

Trouble Brewing at Philippine Mines

There was trouble in the Philippines as rebel communists raided 3 mining companies disarming the guards and taking managerial employees hostage briefly.

4 Oct 2011

ECR Minerals Updates on Unchimé Iron Ore Project

ECR Minerals has got additional 60 days from the date of paying a US$1.3 million of cash to the Unchimé iron ore project’s proprietors in Argentina, to obtain a 70% primary possession interest in the Unchimé project.

4 Oct 2011

Minmetals to Acquire Anvil Mining

Minmetals Resources is to buy Anvil Mining for $1.3 billion. Minmetals Resources is part of China’s largest metals trader and is interested in Anvil Mining for its copper mines in Africa, in particular the Kinsevere project in the Katanga province of the Democratic Republic of Congo.

3 Oct 2011