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Galaxy Resources Gets Financial Boost from China

Galaxy Resources (ASX:GXY) is getting a financial shot in the arm from two of China's richest men. The money will come from Li Shu Fu, who controls Hong Kong listed carmaker Geely and 44-year-old Wu Yue Ming, the owner of fast-growing conglomerate Fengli.

From ALLKEM LIMITED 9 Nov 2010

Public Consultation to be Conducted for European Goldfields' Project in Greece

European Goldfields Limited (AIM: EGU / TSX: EGU) has announced that another milestone has been reached in the permitting process for its Project in Greece.

From Eldorado Gold Corporation 8 Nov 2010

RX Exploration Builds New Decline at Drumlummon Mine in Montana

RX Exploration Inc. (TSX VENTURE:RXE) (OTCQX:RXEXF) has commenced the construction of a new main decline to access the 600 level of the Drumlummon Mine, Marysville, Montana.

8 Nov 2010

Globex Mining Buys Claims in Isaac's Harbour District, Guysborough County

GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) has informed shareholders that Globex has acquired 100% interest in 39 claims in the Isaac's Harbour District of Guysborough County, Nova Scotia subject to a 1% NSR on 36 claims which may be acquired for $600,000 at anytime.

From Globex Mining Enterprises Inc. 8 Nov 2010

Adamus Resources Explores Extended Gold-Rich Sulphide Ore Zones at Teberu Pit in Nzema Gold Project

Exploration drilling below the Teberu 04 pit at the Nzema Gold Project has increased the depth extent of the gold rich sulphide ore zones.

8 Nov 2010

Avaranta Resources Signs Merger Agreement with Evrim Metals

Avaranta Resources Ltd. (CNSX:AVN) and Evrim Metals Corporation has announced that the two companies have signed a Merger Agreement to combine the business and assets of Evrim with those of Avaranta, subject to shareholder and regulatory approval.

8 Nov 2010

Mexivada Mining to Acquire 80% Stake in Golden Porcupine Gold Property, Ontario

Mexivada Mining Corp. announced the signing of an option to purchase 80% of the Golden Porcupine gold property, Deloro Township, in the main Timmins gold camp, Ontario, Canada, from Mhakari Gold Corp, under an agreement dated October 28, 2010.

4 Nov 2010

Gryphon Gold Receives POO Approval for Borealis Mine Site

Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) announced that it has received the approval of Amendment 5 of the Plan of Operation (POO) for the Borealis Mine Site from the United States Forest Service.

4 Nov 2010

Adamus Resources Updates on October Operations

Excellent progress continues to be made despite some intermittent weather conditions during October. Grade control drilling advances whilst plant site construction remains on schedule.

4 Nov 2010

Golden Peaks Resources Seeks to Acquire Australia-Based Reliance Resources

Golden Peaks Resources Limited (TSX:GL) reported that the Company has signed a Letter of Intent (the "LOI") to acquire 100% of Reliance Resources Limited ("Reliance"), an unlisted Australian public company, which holds the rights to five advanced gold exploration permits on the islands of Sulawesi and Halmahera in eastern Indonesia.

4 Nov 2010