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Mexus Gold US Finalizes Phase 1 Drilling Program Budgets for Nevada Mine Project

Mexus Gold U.S. (OTCBB:MXSG), a mining company engaged in the evaluation, acquisition, exploration, salvage and recovery of gold, silver and copper projects, has announced that Phase I Drilling Program budgets are being finalized for its Esmeralda County, Nevada mine project which consists of 150 acres of patented claims, 14 unpatented claims and 2 mill sites.

21 Oct 2010

Superior Mining Enters JV Agreement with Minco Mineral Holdings and its Subsidiary

Superior Mining International Corporation (TSX VENTURE:SUI), has provided an update on its Mangalisa Project in South Africa.

21 Oct 2010

First Bauxite Buys Tarakuli and Tarakulli North West Prospecting Licenses

FIRST BAUXITE CORPORATION (TSX VENTURE:FBX)(FRANKFURT:FBI)(BERLIN:FBI) has announced that, further to its news release issued on July 20, 2010, it has now completed its acquisition of Bauxite Corporation of Guyana Inc. and accordingly, 100% of its interest in and all right and title to, the contiguous Tarakuli and Tarakulli North West Prospecting Licenses in Northeast Guyana.

From First Bauxite Corporation 21 Oct 2010

Moly Mines Enters Iron Ore Sales Agreement with Hanlong Metals

Moly Mines Limited (TSX:MOL)(ASX:MOL) has announced that it has today in Chengdu, China, executed an iron ore sales agreement for 100% of its production from the Spinifex Ridge Iron Ore Project with Hanlong Metals Limited, an entity associated with Hanlong Mining Investment Pty Ltd.

From Moly Mines Limited 21 Oct 2010

Ventana Gold Signs Construction and Drilling Contract with Geominas for La Bodega Project

Ventana Gold Corp. (TSX:VEN) announces that it has awarded the construction and drilling works contract for the underground exploration decline at the La Bodega project to Geominas SA.

21 Oct 2010

Amseco Exploration Acquires Yasinski Project in Quebec

Amseco Exploration Ltd. (TSX VENTURE:AEL) announces the signature of an acquisition agreement for a 100% interest in a project to be known as Yasinski.

21 Oct 2010

Mining Tax an 'Election Fix' Says Abbot

Leader of the Opposition Tony Abbot has called the mining tax an election fix saying that the Gillard government lied about reaching the agreement on the mineral resource rent tax (MRRT) to secure an election victory. This was in response to the three mining giants BHP Billiton, Rio Tinto and Xstrata having a meeting this week to consider abandoning the deal.

From BHP Billiton Plc 21 Oct 2010

Dominion Mining Keen On $376 Million Kingsgate Takeover

Dominion Mining Ltd (ASX:DOM) has seen its shares rise this week after it agreed to a $376 million takeover bid from Kingsgate Consolidated Ltd. The rise of 19% in its share prices is the highest that Dominion Mining has seen in four years since October 19, 2006.

From Kingsgate Consolidated Limited 21 Oct 2010

New Dawn Mining Receives Mineral Reserve Estimate for Central African Gold's Zimbabwe Properties

New Dawn Mining Corp. (TSX: ND) announced that it has received an independent NI 43-101 compliant Mineral Reserve and Resource estimate for the Zimbabwe gold mining properties owned by Central African Gold plc.

20 Oct 2010

Teryl Resources Announces 2010 Drilling Results from Gil Joint Venture Property in Alaska

Teryl Resources Corp. (TSX VENTURE:TRC)(OTCBB:TRYLF) has announced that our joint venture partner, Fairbanks Gold Mining, Inc., a subsidiary of Kinross Gold Corporation, reported drill results for 2010

20 Oct 2010