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IAMGOLD Signs Selling Agreement with Gold Fields

IAMGOLD has signed an agreement to sell its 18.9% interest in Tarkwa and Damang gold mines in Ghana, West Africa, to Gold Fields for $667 million.

From Iamgold Corp. 19 Apr 2011

Wagners Looks at IPO and Expansion of Mining, Oil and Gas Services

Wagners, an Australian mining services company, is hoping to grow with an initial public offering next year although no firm decision about this action has been taken as yet.

18 Apr 2011

Nevada Mining Association President Says Mines Routinely Claim Illegal Tax Deductions

Nevada Mining Association President Tim Crowley wrote a letter to the state tax director Chris Nielsen saying that mines operating in the state have routinely claimed illegal tax deductions. The state laws allow for deduction of any expense that is related to the removal of gold ore and processing it into a marketable product.

18 Apr 2011

Pacific Ridge Exploration Completes Airborne Magnetometer Survey at Mariposa Gold Property

Pacific Ridge Exploration has completed an airborne magnetometer survey above a part of the Mariposa gold property in White Gold District, Yukon.

From Pacific Ridge Exploration Ltd. 18 Apr 2011

Expedition Mining Signs Option Agreement to Buy Mt. Mervyn Gold Property

Expedition Mining has signed an option agreement with Paul Dadwal to buy 100% interest in the Mt. Mervyn gold property.

18 Apr 2011

South African Mine Output Jumps 2.8%

Mining production in South Africa has gone up by 2.8% as compared to last year in February.

18 Apr 2011

Nevada Keeps Bills to Repeal Mining Tax Cap Alive

In Nevada a Senate committee is keeping alive some bills that will raise the tax dollars for the state. On Thursday the Senate Revenue Committee exempted several measures from a ‘vote or die’ deadline on Friday.

18 Apr 2011

Mesa Exploration Buys White Mountain Potash Project in Utah

Mesa Exploration has purchased the White Mountain Potash Project in western Utah, which contains around 1,700 acres of Federal Potash Permit Applications.

16 Apr 2011

Redhill Resources Completes Sampling at MCarthys and Bangemall Cobra Projects

Redhill Resources has completed geochemical soil sampling program at the MCarthys project and a trap stream sampling program at the Bangemall Cobra project.

16 Apr 2011

Hyperdynamics Signs LOI with Jasper Drilling for Offshore Guinea Project

On behalf of Hyperdynamics, AGR Peak Well Management (AGR) has signed a letter of intent (LOI) with Jasper Drilling of Singapore to engage the drill ship Jasper Explorer for drilling at Hyperdynamics' concession offshore area, the Republic of Guinea.

16 Apr 2011