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Ante5 Signs Agreement to Acquire Mineral Lease Stakes in North Dakota and Nevada

Ante5, Inc., a Delaware corporation entered into an asset purchase agreement with Twin City Technical, LLC, a North Dakota limited liability company, and Irish Oil and Gas, Inc., a Nevada corporation to acquire Sellers' right, title, and interest in mineral leases on approximately 3,712 net acres in consideration for a total of $2,969,648 of cash, payable in full at the closing, plus 5,011,281 shares of the common stock of the Company.

15 Oct 2010

Crocodile Gold Estimates Higher Mineral Resources at Pine Creek Project in Australia

Crocodile Gold Corp. (TSX:CRK)(OTCQX:CROCF)(FRANKFURT:XGC) has announced an updated mineral resource estimate at its Pine Creek project area in the Northern Territory of Australia with a significant upgrade of inferred mineral resources to indicated mineral resources and also an increase in the overall estimates of both indicated mineral resources and inferred mineral resources.

15 Oct 2010

Appraisal Well Tests Enables Apache to Plan Balnaves Field Development

Apache Corporation (NYSE, Nasdaq: APA) said today that three successful wells appraising the Balnaves-1 discovery in License WA-356-P offshore Western Australia will trigger development planning by subsidiary Apache Julimar Ltd Pty.

15 Oct 2010

EI Systems Receives Patent-Pending Status for Web-Based Railcar Tracking Service

EI Systems has announced that the United States Patent and Trademark Office has granted a patent-pending status for their web-based Rail Manager service. Clients use Rail Manager to track the status and location of railcars within large industrial sites and short-line rail yards.

15 Oct 2010

Guinness Exploration Reports Two Agreements to Develop its Charlotte Project in Yukon

The Board of Guinness Exploration Inc., (OTC Bulletin Board: GNXP), announced today two significant agreements which set the stage for funding development of the Charlotte Project (formerly named the "Nantawa Project") in the Mount Nansen area of the Whitehorse Mining Division, of the Yukon Territory.

15 Oct 2010

Hochschild Mining to Sell 109 Million Shares of Lake Shore Gold

Lake Shore Gold Corp. (TSX:LSG) and Hochschild Mining plc (LSE:HOC) today announced that they have entered into an agreement with RBC Capital Markets, BMO Capital Markets and CIBC World Markets through which the Syndicate will purchase 109,000,000 of the common shares of Lake Shore Gold held by Hochschild, on a bought deal basis, at a price of C$3.60 per share for sale to the public.

15 Oct 2010

Golden Predator Reports 2010 Drilling Results from Clear Creek Property, Yukon

Golden Predator Corp. (TSX: GPD) has announced final 2010 results from its Clear Creek project, including 3 additional diamond drill holes and 20 additional reverse circulation holes from the Contact, Saddle, Josephine and Bear Paw Zones.

15 Oct 2010

ION Geophysical Acquires More Seismic Data in Danmarkshavn Basin

ION Geophysical Corporation (NYSE: IO) today announced that it has acquired 6,500 km of regional seismic data for sponsoring E&P clients in the Danmarkshavn basin offshore Northeast Greenland, adding to the 5,300 km of data the company acquired there last season.

15 Oct 2010

US Department of Labor's MSHA Releases Proposed Rule to Improve Miners Lives

The U.S. Department of Labor's Mine Safety and Health Administration today announced the release of a proposed rule on lowering miners' exposure to respirable coal dust in all underground and surface coal mines. The proposed rule is the latest element of MSHA's "End Black Lung – Act Now" campaign.

15 Oct 2010

Oil States International to Acquire Shares of Australia-Based The MAC Services Group

Oil States International, Inc. (NYSE:OIS) announced today that its Board of Directors has unanimously approved a transaction under which Oil States will acquire all of the ordinary shares of The MAC Services Group Limited (ASX:MSL), a leading provider of remote accommodations for the natural resources industry in Australia.

15 Oct 2010

Mining News

Ante5 Signs Agreement to Acquire Mineral Lease Stakes in North Dakota and Nevada

Crocodile Gold Estimates Higher Mineral Resources at Pine Creek Project in Australia

Appraisal Well Tests Enables Apache to Plan Balnaves Field Development

EI Systems Receives Patent-Pending Status for Web-Based Railcar Tracking Service

Guinness Exploration Reports Two Agreements to Develop its Charlotte Project in Yukon

Hochschild Mining to Sell 109 Million Shares of Lake Shore Gold

Golden Predator Reports 2010 Drilling Results from Clear Creek Property, Yukon

ION Geophysical Acquires More Seismic Data in Danmarkshavn Basin

US Department of Labor's MSHA Releases Proposed Rule to Improve Miners Lives

Oil States International to Acquire Shares of Australia-Based The MAC Services Group

Silver Standard Resources Reports Drilling Results from Snowfield Project

Timmins Gold Announces 40% Higher Gold Sale in Q2

Shell Oil to Support Phase II of Brazilian BC-10 Project

Tournigan Energy Updates on Drilling Program at Kuriskova Uranium Deposit

Strategic Mining's Geological Survey Identifies Gold Mineralizations at Nat Son Gold Property

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