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Mineral Hill Enters 50% JV Agreement for Liberty Hill Gold Mine,USA

Mineral Hill Industries Ltd has announced that it has entered into agreements to acquire a 50% Joint Venture participation in the Liberty Hill Gold Mine owned by Mining and Energy International Corp., a private company registered in Denver, CO, USA.

13 Oct 2010

Mirabela Nickel to Release 2010 Third Quarter Results on October 26

Mirabela Nickel Limited has provided a production update for the quarter ended 30 September 2010. The full third quarter results will be released on 26 October 2010.

13 Oct 2010

FX Energy to Begin 2D Seismic Acquisition Program in Warsaw South Concession

FX Energy, Inc. (Nasdaq: FXEN) today reported that the Company will begin a new 2D seismic acquisition program during the fourth quarter 2010. The program is planned to identify drill sites in the Company's 640,000 acre Warsaw South concession. A total of 273 kilometers of seismic will be acquired under a recently signed contract with Geofizyka Torun.

13 Oct 2010

Hungarian Government Takes Control of Company Responsible for Toxic Spill

The Hungarian Government is taking control of the MAL Hungarian Aluminium Production and Trade Company. The alumina plant which released a devastating tide of toxic sludge has been responsible for the Parliament approving a bill which would allow the government to take control of private companies in disaster situations.

13 Oct 2010

Energy Resources of Australia Downgrades 2010 Production

Energy Resources of Australia (ASX:ERA) has downgraded its 2010 production guidance as it said that the uranium ore grade was lower than expected. This is the second time it has downgraded its annual production guidance this year.

From Energy Resources of Australia Ltd 13 Oct 2010

Rugby Mining to Acquire Majority Share of Copper Gold Project in Colombia from Rio

Canadian explorer Rugby Mining (TSX:RUG) is to acquire up to 60% interest in the Comita porphyry copper gold project in Colombia. The company is entering into an agreement with Rio Tinto, which currently owns the project.

12 Oct 2010

India Looks to Secure Nuclear Energy Supplies Overseas

India is looking abroad to secure its uranium supply by acquiring mines outside the country. With nuclear energy emerging as viable option which could help meets the growing needs of energy for the world it was important for India to be prepared.

12 Oct 2010

Rio Tinto BHP Iron Ore JV Still Alive

The Rio Tinto and BHP Billiton iron ore joint venture in the Pilbara region is still a live issue despite recent claims that Rio Tinto is poised to abandon the project.

From BHP Billiton Plc 12 Oct 2010

Beaconsfield Gold and Bendigo Mining Merger in Doubt

Beaconsfield Gold and Bendigo Mining's merger is in doubt after a potential loan default has come to light. In July the companies had agreed to a potential merger which would reduce risks and enhance growth prospects for both companies.

11 Oct 2010

Fortescue Metals Refinances for Expansion

Fortescue Metals Group (ASX:FMG) has managed to line up a $2.06 billion bank loan facility to help its expansion plans. Shares in the third largest iron ore miner in Australia closed at a high of $6.25, up 7.76% after the announcement on Monday.

From Fortescue Metals Group Ltd 11 Oct 2010