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MetalCorp Continues to Identify Significant Mineral Zones at Gouda Lake Zone

MetalCorp Limited (TSX VENTURE:MTC) has announced that ongoing drilling at its 100%-owned Gouda Lake Zone continues to yield very positive results.

12 Nov 2010

DIOS Encounters In Situ Gold Mineralization at U33 West Project in Quebec

Management of DIOS EXPLORATION (TSX VENTURE:DOS) has announced the discovery of in situ gold in outcropping tonalitic rocks, a gold porphyry type model mineralization.

From Dios Exploration Inc. 12 Nov 2010

Uragold Bay Resources Announces Drilling Program at Beauce Placer Gold Property

Uragold Bay Resources Inc. (TSX VENTURE:UBR), has announced that a drilling program has been agreed upon and shortly a drilling contractor will be appointed to start drilling approximately twenty drill holes at the Beauce Placer Gold Property.

From HPQ Silicon Inc. 12 Nov 2010

Avion Gold Intercepts 275.35 G/T Gold over 2.0 Metres at Northern End of Tabakoto Pit

Avion Gold Corporation (TSX VENTURE:AVR)(OTCQX:AVGCF) has announced new drill results for the northern end of the Tabakoto pit where NW-trending mineralized structures have been identified and tested.

12 Nov 2010

Guyana Goldfields to Defer Feasibility Study at at Aurora Gold Project

The Board of Directors of Guyana Goldfields Inc. (TSX: GUY) has announced that, due to the identification of several additional mineralized zones at Aurora and the nearby Sulphur Rose discovery (Aranka), the Feasibility Study which was scheduled for completion by year-end will be deferred.

12 Nov 2010

Coral Gold Reports Diamond Drilling Results from Corals Robertson Property

Coral Gold Resources Ltd. (TSX VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) has announced results from a further three diamond core holes drilled at Corals Robertson property in Crescent Valley Nevada.

12 Nov 2010

Canuc Resources Announces Underground Sampling Results from Nambija in Ecuador

Canuc Resources Corporation has reported on recent underground sampling conducted at Nambija, Ecuador.

12 Nov 2010

Toro Energy Upbeat on Australia's Uranium Future

Toro Energy (ASX:TOE) hopes that Australia will become a world leader in uranium production within the next decade. The mining company is developing uranium projects in South Australia and in Wiluna, Western Australia.

From Toro Energy Limited 11 Nov 2010

Australian Iron Ore Co. Brockman Resources Receives Chinese Takeover Offer

Brockman Resources, an up and coming Australian iron ore producer, has received a takeover bid offer from its main shareholder, Wah Nam International Ltd. The Hong Kong based company currently owns 23% of Brockman Resources through a subsidiary. The Pilbara miner has been valued at $929.6 million by the Chinese company.

From Brockman Mining Limited 11 Nov 2010

Afghanistan Looks for Mining Investors

Afghanistan is looking forward to exploring its mineral resources with the help of Indian investments. Wahidullah Shahrani, Minister of Mines for Afghanistan is also hoping that the road shows being held in New York and London will also attract new investments in Afghanistan.

By Joel Scanlon 11 Nov 2010

Straits Resources in Talks With Thailand's PTT Group

Australian mining company Straits Resources is in talks with Thailand’s PTT Group for a coal deal. PTT is interested in a deal involving the coal mining assets of the miner. Straits Resources has not provided any details about the talks as yet.

By Dr. Cameron Chai 11 Nov 2010

Mining Boom Not Great for Australian Manufacturing Base

The burgeoning demand by the mining industry for equipment is actually not a boon for the manufacturing industry. Unable to meet the huge demand companies like Caterpillar are looking to import equipment from Mexico rather than construct it in Australia.

From Caterpillar 11 Nov 2010