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Connors Drilling Purchases Assets of Surface Diamond Division of Swick Mining Services

Colorado-based Connors Drilling and sister company, Sanderson Drilling of Western Australia, today announced they have purchased the assets of the Surface Diamond Division of Swick Mining Services (ASX: symbol SWK) of Australia.

15 Feb 2011

Mandalay Resources Begins Commercial Production at Cerro Bayo Silver-Gold Mine, Chile

Mandalay Resources Corporation (TSX: MND, MND.WT) has announced that it has commenced commercial production at its wholly owned Cerro Bayo silver-gold mine in Patagonia, Chile, on February 11, 2011, with the shipment of its first concentrate.

From Mandalay Resources Corporation 15 Feb 2011

Gold Finder Explorations and Holloman Enter MOU for Two Gold Projects in Central Asia

Gold Finder Explorations Ltd. (TSX VENTURE:GFN) has announced that it has signed a Memorandum of Understanding with Holloman Corporation with respect to 2 gold projects in Central Asia.

15 Feb 2011

Canadian Orebodies Signs Purchase Agreement to Buy Haig Inlet Iron Ore Project in Nunavut

Canadian Orebodies Inc. (TSX VENTURE:CO) has announced that it is has entered into a non-arm's length Purchase Agreement to acquire up to a 100% legal and beneficial interest in the Inuit Owned Lands Mineral Exploration Agreement with Nunavut Tunngavik Incorporated which covers the Haig Inlet Iron Ore Project, located on the Belcher Islands, Nunavut, Canada.

From Canadian Orebodies Inc 15 Feb 2011

Candente Gold Exercises Option to Acquire 50% Interest in El Oro Gold Project, Mexico

Candente Gold Corp. (TSX:CDG)(PINK SHEETS:CGDXF)(BVLAC:CDG) has announced that it has delivered notice to Luismin S.A. de C.V., a subsidiary of Goldcorp Inc., that the Company has fulfilled all requirements necessary to exercise its option to earn an undivided 50% interest in the El Oro Gold Project, located in Mexico State, Mexico.

15 Feb 2011

California Gold Options to Buy 80% Interest in Mexivada Mining's AuroTellurio Property in Mexico

California Gold Corp. (OTC Bulletin Board: CLGL) has announced it has signed a property option agreement with Mexivada Mining Corp. to acquire up to an 80% interest in Mexivada's La Viuda and La Viuda-1 concessions comprising its AuroTellurio tellurium-gold-silver property south of the city of Moctezuma, Sonora, Mexico.

15 Feb 2011

Shear Diamonds and Nunavut Resources Enter Mutual Co-Operation Agreement

Shear Diamonds Ltd. (TSX VENTURE:SRM) has announced the signing of a Mutual Co-Operation Agreement with the Nunavut Resources Corporation.

15 Feb 2011

NuCoal Share Placement Over Subscribed

A $30 million new share sale has been completed by NuCoal to fund studies on its Doyles Creak coal project in Hunter Valley. There was strong support for the placement of shares from new and existing investors.

From NuCoal Resources NL 14 Feb 2011

Record Earnings for BHP Billiton

BHP Billiton is expected to post record $15 billion earnings for the six month period pre-tax. This would give the company a $30 billion plus full year result. It has broken the record for biggest profits posted by a company in Britain with this. The last record was set by Shell three years ago when it unveiled profits of $27.5 billion.

From BHP Billiton Plc 14 Feb 2011

Tax Issues for Glencore in Zambia

Glencore International AG’s Mopani Copper Mines may have irregularities in tax submissions as per the director general of the Zambian revenue authority.

14 Feb 2011