Mining Business News

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ASG Group Wins Mining IT Contract

ASG Group, an IT service provider, has bagged a contract with CITIC Pacific Mining to provide software as a managed service from its Perth data centre once it is completed. This deal allows the Australian listed company to step into cloud computing.

16 Jan 2011

Purepoint Uranium Group Buys 4,217 Hectare in Forsythe Lake Property

Purepoint Uranium Group Inc. (TSX VENTURE:PTU) reported today that it has staked a 4,217 hectare property near the north-eastern edge of Canada's Athabasca Basin.

From Purepoint Uranium Group Inc. 14 Jan 2011

Key Gold Holding Acquires Lac Musset Copper Property

Key Gold Holding Inc. (TSX VENTURE:KGH) has announced that the TSX Venture Exchange has accepted the previously announced acquisition of the Lac Musset Copper property from arm's length vendors.

14 Jan 2011

Minco Gold Signs JV Agreement to Buy 51% Equity Interest in Tugurige Gold Project, China

Minco Gold Corporation (TSX:MMM)(NYSE Amex:MGH)(FRANKFURT:MI5) has announced that the Company, through its wholly owned subsidiary, Minco Mining Co., Ltd., has entered into a Joint Venture Agreement with the 208 Exploration Team, a subsidiary of China National Nuclear Corporation, to acquire 51% equity interest on the Tugurige Gold Project located in Inner Mongolia, China.

14 Jan 2011

Mindoro Resources to Buy Significant Nickel Laterite Mineralization Area from Corplex Resources

Mindoro Resources Ltd. has announced drilling results of potential economic interest on the Bolobolo and Karihatag nickel targets located in the Surigao nickel district of NE Mindanao, the Philippines.

From Mindoro Resources Ltd. 13 Jan 2011

BE Resources Requests Modification to Exploration Permit at Warm Springs Beryllium Project

BE Resources Inc. (TSX VENTURE:BER) announced that it has requested a modification to the existing exploration permit at its Warm Springs Beryllium Project, located in Socorro County, New Mexico.

13 Jan 2011

Colorado Resources Signs Agreement to Buy Four Yukon Gold Properties

COLORADO RESOURCES LTD. (TSX VENTURE:CXO) has announced it has entered into an agreement to purchase a 100% interest in 4 Yukon gold properties.

13 Jan 2011

Aspire International Seeks to Buy Guilin Gold Deposit in China

Aspire International, Inc. (Pink Sheets:APIT) announced today that it has entered into a letter of intent to acquire the Guilin Gold GuangXi Gold deposit located in the northern part of GuangXi Province in southern China, an inferred resource of 1.29 million tonnes, with additional potential to further expand the resource, up to an estimated 1 million ounces.

13 Jan 2011

Mine Fatalities Drop in South Africa

Mining is no longer the high mortality profession that it once was in South Africa. The Chamber of Mines has recorded a 24 % drop in mining related deaths in 2010.

12 Jan 2011