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Guyana Precious Metals to Use Private Placement Net Proceedings for Guiana Shield Properties

Guyana Precious Metals Inc. (TSX-V: GPM) has announced a non-brokered private placement of up to 70,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $7,000,000.

30 Oct 2010

Gold Canyon to Utilise Private Placement Fundings for Springpole Project Expenditures

Gold Canyon Resources Inc. (TSX VENTURE:GCU) has announced that it has closed its previously announced brokered private placement.

30 Oct 2010

Gold Bullion to Use $8 Million Proceedings for Granada Gold Property Development

Gold Bullion Development Corp. (GBB, TSX.V) has announced that it has closed the non-brokered private placement announced September 22, 2010, and amended October 6, 2010, by the issuance of 14,814,814 units at a price of $0.54 per unit to raise gross proceeds of $8,000,000.

30 Oct 2010

General Moly Reports Q3 2010 Unaudited Financial Results

General Moly (NYSE Amex: GMO) (TSX: GMO) announced its unaudited financial results for the third quarter ended September 30, 2010.

30 Oct 2010

Crown Gold Uses Private Placement Proceedings to Explore at its Properties

Crown Gold Corporation (TSX VENTURE:CWM) has announced that it has successfully completed today its previously announced $1,500,000 brokered private placement with MGI Securities Inc and Pope & Company.

30 Oct 2010

Corsa Capital Provides Details on Wilson Creek Acquisition

Corsa Capital Ltd. (TSX VENTURE:CSO) has provided an update on the acquisition announced in the Corporation's press release dated August 17, 2010.

30 Oct 2010

CB Gold Completes Amalgamation with First Source Resources

CB Gold Inc. has announced the completion of the amalgamation with First Source Resources Inc., the satisfaction of the escrow release conditions and the consequent release of the C$26.65 million aggregate gross proceeds from the private placement of subscription receipts that closed on October 22 and October 27, 2010.

30 Oct 2010

AuEx Ventures Receives Shareholders Approval for Plan of Arrangement with Fronteer Gold

AuEx Ventures, Inc. (TSX:XAU) has announced that an overwhelming majority of AuEx shareholders who voted today at AuEx's Annual and Special Meeting of Shareholders have voted to approve the plan of arrangement pursuant to which Fronteer Gold Inc. (TSX:FRG)(NYSE Amex:FRG) will acquire all the issued and outstanding common shares of AuEx.

30 Oct 2010

Arch Coal Announces Third Quarter 2010 Financial Results

Arch Coal, Inc. (NYSE: ACI) today reported third quarter 2010 net income of $46.7 million, or $0.29 per diluted share, compared with net income of $25.2 million, or $0.16 per diluted share, in the prior-year period.

30 Oct 2010

Rio Alto Mining Completes Technical Report for La Arena Project in Peru

Rio Alto Mining Limited (TSX VENTURE:RIO)(OTCQX:RIOAF)(BVLAC:RIO)(DBFrankfurt:MS2) has announced that Coffey Mining Pty. Ltd., the Company's independent engineers, have completed the Technical Report that was referred to in the Company's news release of September 15, 2010 in respect of updated reserve and resource estimates and financial estimates for the Company's La Arena Project located in north central Peru.

30 Oct 2010

Mining News

Guyana Precious Metals to Use Private Placement Net Proceedings for Guiana Shield Properties

Gold Canyon to Utilise Private Placement Fundings for Springpole Project Expenditures

Gold Bullion to Use $8 Million Proceedings for Granada Gold Property Development

General Moly Reports Q3 2010 Unaudited Financial Results

Crown Gold Uses Private Placement Proceedings to Explore at its Properties

Corsa Capital Provides Details on Wilson Creek Acquisition

CB Gold Completes Amalgamation with First Source Resources

AuEx Ventures Receives Shareholders Approval for Plan of Arrangement with Fronteer Gold

Arch Coal Announces Third Quarter 2010 Financial Results

Rio Alto Mining Completes Technical Report for La Arena Project in Peru

Nuinsco Resources Completes Initial Exploration at Bukari and Umm Samra Gold Concessions

Rockcliff Resources to Buy Full Sake in Black Gold Property, Timmins

Timberline Resources Reports Final Exploration Results from Butte Highlands JV Property

Thelon Capital to Purchase Jellico Coal Project

Network Exploration Reports Assay Results from Caldera Property

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