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Southern Arc Minerals Signs Heads of Agreement with Newcrest Mining for Taliwang Property

Southern Arc Minerals Inc. (TSX VENTURE:SA) and Newcrest Mining Limited has announced that they have signed a Heads of Agreement involving a joint venture investment in Southern Arc's Taliwang gold-copper property, in the western portion of the Island of Sumbawa, Indonesia.

From Southern Arc Minerals Inc. 22 Nov 2010

Tinka Resources Completes Initial Mapping Survey at Tibillos Copper Porphyry Property

Tinka Resources Limited (TSXV - TK; Frankfurt - TLD; Pinksheets -TKRFF) Andrew Carter, President, reports that at the Company´s Tibillos copper porphyry property, located in the coastal batholith 65 km east of Ica, Peru, a preliminary mapping survey has been completed.

22 Nov 2010

Australia Moves into Biggest Ever Mining Boom

The federal treasurer Wayne Swan predicted that Australia would move into its biggest mining boom phase in October, possibly the largest since the 1850s.

21 Nov 2010

Lifeline for Beaconsfield Gold Mine

Beaconsfield gold mine has managed to avert being sent into administration as its main money lender Minemakers threatened to revoke its $8.5 million loan. Minemakers was unhappy with the debt levels of the Tasmanian mine and wanted restructuring.

21 Nov 2010

B2B Leader Ariba Acquires Quadrem

Quadrem, a global mine supply network has been purchased by Ariba Inc for $150 million. The company which was launched a decade ago by 15 metal and mining companies has been sold to supply chain and collaborative business commerce vendor Ariba.

21 Nov 2010

China Gold International Resources Files Final Hong Kong Prospectus on Sedar

China Gold International Resources Corp. Ltd. (TSX:CGG) confirmed today that it has filed on Sedar a final prospectus, in respect of the previously announced global offering of 53,660,000 of its common shares concurrent with the Company's public listing of Common Shares on The Stock Exchange of Hong Kong.

20 Nov 2010

First Uranium Resumes Mining Operations at Ezulwini Mine

First Uranium Corporation has announced that the notice suspending operations in the underground workplaces issued pursuant to section 54 of the Mine Health and Safety Act (South Africa) by the Department of Mineral Resources (DMR) on November 16, 2010, has been lifted.

20 Nov 2010

First Lithium Signs Option Agreement with Newcastle Minerals for Mollie River Claims

First Lithium Resources Inc. has announced that it has entered into an option agreement with Newcastle Minerals Ltd. to acquire up to a 75% interest in their Mollie River claims, approximately 4 km from the western edge of Trelawney Mining and Exploration Inc.'s Chester Gold Complex.

20 Nov 2010

Eaglecrest Uses Private Placement Proceedings for Exploration at Colombian Gold Properties

EAGLECREST EXPLORATIONS LTD. (TSX VENTURE:EEL)(PINK SHEETS:ECRTF)(FRANKFURT:EAT) announced today a non-brokered private placement of up to 20,000,000 units at a price of C$0.30 per unit for a gross proceeds of up to C$6,000,000.00.

20 Nov 2010

Ecometals to Sell 90% Shareholding in Condormining to Alca Gold

On 12th January this year, Ecometals Limited (TSX VENTURE:EC)(BERLIN:EDQ)(FRANKFURT:EDQ) announced a proposed sale of its 90% shareholding in Condormining Corporation S.A. and Condorview S.A. for a sum of US$9 million to Alca Gold Limited.

20 Nov 2010