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Cerro Resources Signs Agreement with Minera Tasmania to Buy Namiquipa Silver Project, Mexico

Cerro Resources NL (ASX:CJO)(TSX VENTURE:CJO) has announced it has entered into a share purchase agreement with all the shareholders of Minera Tasmania S.A. de C.V., a company incorporated under the laws of Mexico, to acquire 100% of the issued shares in the capital of Minera.

14 Dec 2010

Bathurst Resources Signs Coal Deal with Stemcor Australia

Bathurst Resources Ltd (ASX:BTU) is developing a large open cut coal mine in the Buller region on New Zealand’s South Island. The company is focused on becoming a producer of high quality coking and thermal coal to niche export markets.

13 Dec 2010

Molycorp Signs Memorandum of Understanding with Sumitomo

Molycorp, Inc. (NYSE: MCP) today announced that it has entered into a Memorandum of Understanding with Sumitomo Corporation pursuant to which Sumitomo will assemble an equity and debt financing package in the aggregate amount of $130 million for Molycorp's use in completing its rare earth "Mine-to-Magnets" manufacturing supply chain.

13 Dec 2010

Goldcorp Receives Australian Court Approval to Acquire Andean Resources

GOLDCORP INC. (TSX: G, NYSE: GG) today announced that the scheme of arrangement pursuant to which Goldcorp will acquire all of the outstanding shares of Andean Resources Limited (TSX and ASX: AND) has been approved by the Federal Court of Australia.

13 Dec 2010

Alberta Star Development Completes First Well in Phase II Drilling in Landrose, Saskatchewan

Alberta Star Development Corp. (TSX VENTURE:ASX)(OTCBB:ASXSF)(FRANKFURT:QLD) announces that the Company has successfully drilled and cased its first well in its Phase 2 Drilling Program in Landrose, Saskatchewan.

13 Dec 2010

Lincoln Mining Stakes Additional Lode Claims at Oro Cruz Gold Property in California

Lincoln Mining Corporation, TSX-V: LMG has announced that its U.S. subsidiary, Lincoln Gold US Corp., has staked an additional 63 lode claims at the Oro Cruz gold property in Imperial County, California.

From Lincoln Mining Corporation 13 Dec 2010

Northern Lion Gold Options to Buy St. Nikolas Project in Republic of Cyprus

Northern Lion Gold Corp. (TSX VENTURE:NL)(FRANKFURT:N3E) has announced the signing of an option agreement to acquire a 100% interest in the St. Nikolas Project in the Republic of Cyprus.

From Northern Lion Gold Corp. 13 Dec 2010

Sidon International Resources Buys Additional Property at MEG Project in Tanzania

Sidon International Resources Corp. (TSX VENTURE:SD)(PINK SHEETS:SIDNF)(FRANKFURT:SY7) announces that it has acquired an additional property in the region of its ongoing drilling project on its MEG Property southeast of Morogoro in east central Tanzania.

13 Dec 2010

Sandfire Resources Granted DeGrussa Mining Lease

Sandfire Resources (ASX:SFR) hopes to begin underground mining at its flagship DeGrussa project in the coming year.

From Sandfire Resources NL 12 Dec 2010

FerrAus Still Optimistic on Haulage Deal with BHP

FerrAus is hoping to still manage to negotiate a haulage deal with BHP Billiton. The junior iron ore mining company said that its talks with the mining giant have not broken down. The company said that reports that claimed this were incorrect in a number of respects.

From BHP Billiton Plc 12 Dec 2010