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Farallon Mining Discovers New Mineral Rich Zone at G-9 Mine in Mexico

Farallon Mining Ltd. (TSX:FAN) announces the discovery of a new zone of zinc rich, polymetallic, sulphides at its G-9 mine in Guerrero State, Mexico.

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

Capstone Mining Announces Assay Results from Cozamin Mine in Mexico

Capstone Mining Corp. (CS: TSX) today announced assay results from three new drill holes representing a major step-out on the newly discovered high grade copper-silver Mala Noche Footwall Zone at its Cozamin Mine in Zacatecas State, Mexico.

From Capstone Copper Crop. 21 Oct 2010

Big Bear Mining to Begin Drilling at Rattlesnake Hills in Wyoming

Big Bear Mining Corp (OTC Bulletin Board: BGBR), a U.S. based exploration and development company focused on the acquisition and development of gold and other precious commodity projects, announced today that drilling is set to commence by week's end on the Barlow Gap "BG" claims in Rattlesnake Hills, Natrona County, Wyoming.

21 Oct 2010

Azimut Exploration Finds Higher Copper Grades in REX Property, Quebec

Azimut Exploration Inc. announces excellent new results for its 100% owned REX property in Nunavik, Quebec.

From Azimut Exploration Inc. 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

Iran Stockpiling Enriched Uranium, Plans for Mining

Iran is increasing its stockpile of enriched uranium despite international opposition. The head of Iran's Atomic Energy Organization, Ali Akbar Salehi has said that Iran now has 30 kg of 20% enriched uranium on Wednesday. This is twice the amount reported in June this year.

By Joel Scanlon 21 Oct 2010

Ivanhoe $1 Billion Rights Offering Aggravates Hostilities with Rio Tinto

Ivanhoe is planning to raise $1 billion by a shareholder rights offering which will highten the tensions between the Canadian company and its biggest shareholder, Rio Tinto in the vast Oyu Tolgoi copper project in Mongolia. The two companies have been having trouble seeing eye to eye on issues in the mining venture for some time now.

From Ivanhoe Mines Ltd 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

Newcrest Mining Reports Jump in Production

The takeover of Lihir Gold by Newcrest Mining has resulted in a jump in its quarterly gold production. Newcrest Mining is already the largest gold producer in Australia and the acquisition of Lihir Gold has boosted that status.

From Newcrest Mining Limited 21 Oct 2010

Colossus Minerals Reports Drilling Results from Serra Pelada Gold-Platinum-Palladium Project

Colossus Minerals Inc. (TSX:CSI) has announced the first results of diamond drilling for the extension of the Central Mineralized Zone into the newly acquired land package of the Serra Pelada Gold-Platinum-Palladium Project, the Colossus-COOMIGASP joint venture located in Para State, Brazil.

21 Oct 2010