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ECU Silver Mining Updates on Deep Drilling at Velardeña Property

ECU Silver Mining has announced the high-performance deep hole diamond drill position that turned up at the Velardeña Property on March 23, 2011.

15 Apr 2011

Casey to Acquire Exploration and Mining Properties in Oriental Region of Paraguay

ESM Refiners, a subsidiary of Casey, has started due diligence to buy the properties for exploration and mining at the Oriental area in Paraguay.

15 Apr 2011

Mining Industry Concerned With Growing Use of Synthetic Drug

Australian miners seem to be working ‘high’ on a drug similar to cannabis. The substance called Kronic is marketed as, “the closest thing to legal weed on the market”. Made in New Zealand, Kronic can be bought legally and is undetectable via on site drug tests.

14 Apr 2011

Pacific Iron Ore Engages Financial Advisor to Enhance Shareholder Value

Junior Canadian miner Pacific Iron Ore is looking at selling strategic assets to help boost its share price. The company has hired financial advisory firm AltaCorp Capital Inc to help them identify and evaluate alternatives that would enhance its shareholder value.

14 Apr 2011

Glencore Set for an IPO and a Bigger Chunk of Xstrata

Glencore International, a Switzerland based commodities trader, is all set to announce a partial public flotation. The Initial Public Offering (IPO) for Glencore International will allow it to move towards more acquisitions.

13 Apr 2011

Lundin Mining Board Not in Favour of Equinox Takeover

Lundin Mining is not in favour of the hostile takeover bid from Equinox Minerals. The unsolicited Canadian $4.7 billion bid should be rejected by shareholders if the board of director’s recommendation is to count. Equinox Minerals itself has refused a $6.3 billion offer from China’s Minmetals Resources calling it opportunistic.

From Lundin Mining Corporation 13 Apr 2011

Australian Trade Liberalization Push to Help Non-Mining States

The federal government is going to push free trade in an attempt to improve the economic condition of Australian states that have not benefited by the mining boom. Prime Minister Julia Gillard is going to give a thrust to a new round of trade liberalization to help non-mining states that are struggling to keep pace with the resources boom.

12 Apr 2011

University of Queensland Looks to Clean Up Mine Water

The University of Queensland has awarded an internal fellowship scheme to foster research excellence in applications that deal with water technology issues in the mining industry. It is one of 15 successful applications for the award given to Vice-Chancellor's Senior Research Fellowships.

11 Apr 2011

Geologix Explorations Accelerates Final Option Payment to Buy Tepal Property

Geologix Explorations has released the closing option payment of US$2.3 million property because of the primary vendor and acquires a 100% interest in the 138 km2 property package in Michoacán state, Mexico

11 Apr 2011

Prospero Silver Hires Geotech to Conduct Airborne Survey at Campana and San Luis Del Cordero Projects

Prospero Silver has engaged Geotech, a contractor, to perform a ZTEM (z-Axis Tipper Electromagnetic System) and magnetic helicopter airborne geophysical survey.

11 Apr 2011