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Obama Proposes Hard Rock Mining Royalties

President Obama has submitted a new budget proposal to Congress that will charge royalties to mine some hard rock minerals. The budget proposes that new royalties on silver, gold and copper hard rock mining be levied. Then the states getting paid mineral revenues would need to pay back some of it to manage the costs of handling mineral releases.

16 Feb 2011

Mindoro Resources Reports Further Drilling Results from Bolobolo and Karihatag Nickel Targets

Mindoro Resources Ltd. (TSX VENTURE:MIO) (ASX:MDO) (FRANKFURT:WKN 906167) has announced further strong drill results of potential economic interest from the Bolobolo and Karihatag nickel targets located in the Surigao nickel district of NE Mindanao, the Philippines.

From Mindoro Resources Ltd. 16 Feb 2011

Canadian Arrow Mines Discovers New Nickel Sulphide Lens at Kelex Project

Canadian Arrow Mines, Ltd. (TSXV: CRO) has reported the discovery of a new nickel sulphide lens at its Kelex nickel project located 17 km south of Iroquois Falls, Ontario.

From Tartisan Nickel Corp. 16 Feb 2011

MacDonald Mines to Start 6,000 Meter Drilling Program at Butler Lake and Semple-Hulbert Properties

MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) has announced it will commence a 6,000 meter diamond drill program on its Butler Lake and Semple-Hulbert Properties in the James Bay Lowlands of Northern Ontario.

From MacDonald Mines Exploration Ltd. 15 Feb 2011

Brazil Plans Mining Reform to Boost Production

The Brazilian Mining Industry is going to see legal changes to the old 1968 mining code. The changes would be along the lines of the oil legislation which was passed over the last 15 years taking Brazil from being an importer of oil to a net exporter of petroleum products. The plan is being named the National Mining Plan 2030.

13 Feb 2011

Canadian Arrow Mines Reports Encouraging Results from Ontario Kelex Nickel Project

Canadian Arrow Mines, Ltd. (CRO: TSX-V) reports intersecting 5.89% Ni over 0.6 metre and 2.51% Ni over 0.3 metre intervals of massive sulphides within a larger interval averaging 1.37% Ni over 3.7 metres on its Timmins, Ontario Kelex nickel project.

From Tartisan Nickel Corp. 10 Feb 2011

Hard Creek Nickel Receives Metallurgical Report from Turnagain Project

Hard Creek Nickel Corporation (TSX:HNC) announced today the Company is in receipt of a Metallurgical Report, authored by Mr. Mike Ounpuu, which confirms significantly improved flotation performance for the 100% owned Turnagain Project.

From Giga Metals Corporation 10 Feb 2011

Continental Nickel Receives Initial Mineralogical Assessment Results from Nachingwea Project, Tanzania

Continental Nickel Limited (TSX VENTURE:CNI) announced today that it has received the results from an initial mineralogical assessment of the Company's new Sleeping Giant nickel-copper sulphide discovery on the Nachingwea Project in Tanzania, a 75:25 Joint Venture between CNI and IMX Resources Limited of Australia.

10 Feb 2011

Sama Resources Announces Assay Results from Samapleu Project in Africa

Sama Resources Inc. (TSX VENTURE:SME) has announced assay results for the first 7 holes of its Phase II definition and exploration drilling program at the Company's "Samapleu Project" in Côte d'Ivoire, Africa.

7 Feb 2011

Philippines Cancels 500 Inactive Mining Permits

The Philippines government seems to be set on putting its mining industry in order with the President Benigno Aquino III declaring an indefinite ban on logging nationwide and Environment Secretary Ramon Paje saying that almost 500 inactive mining permits had been suspended.

7 Feb 2011