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Sterlite Industries Acquires 74% Interest in Black Mountain Mining

Sterlite Industries (India) Limited today announces the completion of the acquisition of a 74% interest in Black Mountain Mining Pty Ltd in South Africa from Anglo Operations Limited, a member of the Anglo American plc Group, for a share value of $260 million.

8 Feb 2011

ECU Silver Mining Records Higher Stope Grades at Santa Juana Mine

ECU Silver Mining Inc. (TSX:ECU) has announced some of the results from its current development work, where the Company has again recorded significantly higher grades from active stopes compared to the mineral resource grades calculated for the Company's NI 43-101 resource report, in the same corresponding area.

8 Feb 2011

American Energy Fields Announces Mining Claims in Aquarius Mountains

American Energy Fields, Inc. (OTCBB:AEFI) has announced that it has located 35 lode mining claims in the Aquarius Mountains Mining District in Mohave County, Arizona, a region noted for uranium and rare earth metals.

8 Feb 2011

Tiex Announces Viewland - MMI Soil Sampling Program Results

Tiex Inc. (TSX-V: TIX) has announced the results of its Viewland - MMI soil sampling program. This project is located near the community of Horsefly, approximately 40 km north-northwest of the settlement of Horsefly and approximately 115 km northeast of the town of Williams Lake within the Cariboo Mining Division of British Columbia.

8 Feb 2011

African Aura Mining Announces Updated NI 43-101 Mineral Resource Estimate for Putu Iron Ore Project

African Aura Mining Inc., the TSX-V (AUR) and AIM (AAAM) listed exploration and development company has announced an updated independent National Instrument 43-101 compliant Mineral Resource Estimate at its 38.5% owned Putu iron ore project in Liberia.

8 Feb 2011

Rio Tinto Exploration Canada Plans for Diamond Exploration at CH Project Claims

GGL Resources Corp. (TSX VENTURE:GGL) reports that Rio Tinto Exploration Canada Inc. ("RIO") has notified GGL that it is planning to budget approximately $650,000 for diamond exploration on the CH Project claims.

From GGL Resources Corp. 8 Feb 2011

Green Technology Solutions, Rare Earth Exporters of Mongolia Form JV

Green Technology Solutions, Inc. (OTC BB: GTSO.OB) announced today that it has entered into a joint venture agreement with Rare Earth Exporters of Mongolia in order to procure rare-earth mining claims and operations in the developing Asian nation.

8 Feb 2011

Murgor Resources Seeks Option to Buy 70% Interest in Golden Arrow Gold Mine, Ontario

Murgor Resources Inc. (MGR: TSX-V) has announced that it has entered into a definitive Exploration and Option Agreement with Victoria Gold Mines Limited under which Murgor has the option to acquire up to a 70% interest in the Golden Arrow Gold Mine located 65 kilometres east of Timmins, Ontario, as referred to in Murgor's press releases of November 4, 2010 and January 14, 2011.

8 Feb 2011

India's Sterlite Industries Completes Acquisition of South African Black Mountain Mining

Sterlite Industries (India) a part of the Vedanta Group has completed the acquisition of the South African Black Mountain Mining Limited.

7 Feb 2011

Marathon Gold Announces $3.5 Million Bought Deal Financing

Marathon Gold Corporation (TSX:MOZ) announces that it has entered into an agreement with a syndicate of underwriters, led by Stonecap Securities Inc. and including Octagon Capital Corporation, whereby the Underwriters have agreed to purchase, on a bought deal basis, 1,945,000 flow-through common shares of the Company at a price of $1.80 per Flow-Through Common Share for gross proceeds of $3,501,000.

7 Feb 2011