News around the world - 500 Beiträge pro Seite (Seite 40)

[Popeye82]

Blackthorn Resources - Perkoa Zinc Project JV Completes - Nov 23, 2010

HL:

+ Joint Venture (JV) for the Perkoa Zinc Project in Burkina Faso, West Africa between Blackthorn Resources and Glencore International AG has been completed.

+ Under the JV agreement Glencore will fund USD 80M for Project construction, comprising USD 50M in direct project equity and USD 30M in project finance to the JV.

+ Re-commencement of construction and mine development at the Perkoa Zinc Project can now commence, and will be managed by Glencore.

+ Some site activities have already commenced and a project team has been mobilised. Construction activities will progressively increase over the remainder of 2010.

+ Process plant construction will continue throughout 2011, with commissioning expected in late Q2 2012.

+ Glencore will continue to focus on driving operational efficiencies across the joint venture.

+ An on-site ceremony was recently held to celebrate the re-start of construction and mining, and to hand over a housing project to the community. The event was attended by the Minister of Mines, state politicians, local community leaders and representatives from Glencore and Blackthorn Resources. ...
www.stocknessmonster.com/news-item?S=BTR&E=ASX&N=516490

[Popeye82]

Dart Energy agree product sharing contract - Australianinvestor - 6-Dec-2010
www.australianinvestor.com.au/news.asp?id=39536
www.stocknessmonster.com/news-item?S=DTE&E=ASX&N=227070

"Global coal bed methane company Dart Energy (DTE) has today announced the signing of a CBM production sharing contract (PSC) with Medco Energy, in relation to the Muralim block in South Sumatra, Indonesia.

The 50/50 PSC is for a 30 year term, with a six year initial exploration and appraisal period.

In the first three years of the exploration and appraisal period, Dart plans to undertake various studies and drill two core wells each year, at an approximate cost of US$8m.

Simon Potter, CEO of Dart said the PSC was another important step forward in the growth of the company’s operations in Indonesia.

“The Muralim block is not only large but has all the indications of a considerable Coal Bed Methane resource, adjacent to existing infrastructure and a marker of significant demand and growth potential,” he said. "

[Popeye82]

Syngas confirm Memorandum of Understanding - Australianinvestor - 6-Dec-2010
www.australianinvestor.com.au/news.asp?id=39540
www.stocknessmonster.com/news-item?S=SYS&E=ASX&N=519062

"Syngas Limited (SYS) has reached a Memorandum of Understanding with the 100 farmer strong Mid North High Rainfall Zone Group.

The agreement expands Syngas’ farmer relationship base and the company’s potential biomass access opportunities.

Syngas is an oil and gas and energy business with, as a core project, a liquid transportation fuel production project located in South Australia.

The Mid North High Rainfall Zone Group’s purpose is to promote and provide solutions that achieve profitable and sustainable agriculture in the Mid North of South Australia.

The Memorandum of Understanding will allow the parties to seek long term mutually beneficial partnerships. "

[Popeye82]

Raisama drilling doubles Kashkasa II potential - Australianinvestor - 6-Dec-2010
www.australianinvestor.com.au/news.asp?id=39542
www.stocknessmonster.com/news-item?S=RAI&E=ASX&N=519080

"Raisama Limited (RAI) today announced new drilling at their Kashkasa II uranium site in the Kyrgyz Republic has doubled the previously known strike extent of its mineralisation.

The high grade uranium intersections from the three hole reconnaissance drilling program have now successfully intersected over a strike zone of more than 2.6 kilometers.

The drilling also confirmed multiple zones of mineralised coal and sandstone.

Raisama Managing Director, David Berrie, said: “Our drilling has returned very exciting results confirming the presence of high grade uranium mineralisation in a number of horizons. These results will definitely warrant increased work in 2011. Out exploration team is currently planning a program of drilling and trenching to hit the project hard in the new year.” "

[Popeye82]

Australian Bauxite - Taralga JORC Resource Update - Dec 6, 2010

HL:

+ 12 million tonnes of gibbsite-rich bauxite resources at Taralga, Southern NSW

+ Resource is based on 210 exploration holes testing some of the many bauxite targets

+ 90% of targets tested contain bauxite; 50% of which is DSO grade

+ New ore-types identified, including quartz-rich gibbsite-rich bauxite similar to bauxite from the Darling Ranges south of Perth, Western Australia

+ Drilling of new targets to commence in late December, early January. ...
www.stocknessmonster.com/news-item?S=ABZ&E=ASX&N=616259

[Popeye82]

Clean Global Energy - Agreement to Supply Syngas to AES Corporation - Dec 6, 2010
www.stocknessmonster.com/news-item?S=CGV&E=ASX&N=519074


Agrees terms with Farrell Cooper Mining - Dec 6, 2010
www.stocknessmonster.com/news-item?S=CGV&E=ASX&N=519073


CGE Expands into North America - Dec 6, 2010
www.stocknessmonster.com/news-item?S=CGV&E=ASX&N=519077

[Popeye82]

Canada Lithium - Closes $10 Million BlackRock, Inc. Financing - Dec 03, 2010
www.marketwire.com/press-release/Canada-Lithium-Closes-10-Mi…

[Popeye82]

Kivalliq Energy - Announces CDN$5 Million Private Placement; Lumina Capital Increases Investment - Dec 3, 2010
www.marketwire.com/press-release/Kivalliq-Announces-CDN5-Mil…

[Popeye82]

Allana Potash - Intersects Significant Potash Horizon in A New Area of Ethiopian Potash Project - Dec 06, 2010
www.marketwire.com/press-release/Allana-Potash-Intersects-Si…

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Functional Technologies - Group Sells Wine Yeast to Over 75 US Wineries - Dec 06, 2010
www.marketwire.com/press-release/Functional-Tech-Group-Sells…

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Sustainable Energy Technologies - Announces SUNERGY(TM) Accelerated Life Testing Results - Dec 03, 2010
www.marketwire.com/press-release/Sustainable-Energy-Announce…

[Popeye82]

Salazar Resources - Acquires Second Drill Rig to Accelerate Exploration Program - Dec 02, 2010
www.marketwire.com/press-release/Salazar-Acquires-Second-Dri…


Salazar Acquires Mariana and Its Gold Project in Loja Province, Ecuador - Dec 06, 2010
www.marketwire.com/press-release/Salazar-Acquires-Mariana-an…

[Popeye82]

Worldwide nonferrous exploration budgets rise to more than $12 billion; Responding to rising prices and more stable market conditions, most companies increased their exploration budgets in 2010, resulting in a 44% rise in the estimated worldwide exploration total for 2010. According to Metals Economics Group’s (MEG) 21st edition of Corporate Exploration Strategies (CES), the estimated total 2010 budget for nonferrous metals exploration reached $12.1 billion, reinstating almost two-thirds of the industry’s $6 billion in cuts to exploration in 2009 - MTN/MEG - Dec 2, 2010
www.miningtopnews.com/worldwide-nonferrous-exploration-budge…

[Popeye82]

Apella Resources - Commissions Updated NI 43-101 Compliant Technical Report to Include a Revised Resource Estimate and Releases Additional Assay Results for Its Iron-T Vanadium-Iron-Titanium Project - Dec 06, 2010
www.marketwire.com/press-release/Apella-Commissions-Updated-…

[Popeye82]

Firestone Diamonds Plc - Issue of Equity - Dec 03, 2010

HL:

+ Placing to raise £13 million through the issue of 52,000,000 new Ordinary Shares at current market price

+ Proceeds to enable accelerated development of the Main Pipe at Liqhobong

- Plant 1 now scheduled to commence production in Q1 2011

- Plant 1 production capacity to be tripled to 1.3 million tonnes per annum by Q4 2011


+ Remaining work on the Definitive Feasibility Study for Plant 2 to be undertaken in 2011

- Target production capacity of 4.2 million tonnes per annum

- Plant 2 construction decision expected to be made in 2012 ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Gold One resource increases by 70% - Australianinvestor - 7-Dec-2010
http://australianinvestor.com.au/news.asp?id=39546
http://stocknessmonster.com/news-item?S=GDO&E=ASX&N=519316

"Dual listed gold producer Gold One (ASX:GDO) today indicated their Ventersburg resource in South Africa has been increased by 70% thanks to strong drilling results.

On track for a pre-feasibility study in the first quarter of 2011, the increase in the size at the Ventersburg site is largely the result of 2009 and 2010 surface exploration drilling campaigns.

Gold One is now on track to for a pre-feasibility study of its Ventersburg resource in the first quarter of 2011.

Previously, Ventersburg had an indicated resource of 8.73 million tonnes at 5.12 grams per tonne for 1.44 million ounces of gold. Inferred resources have decreased by 22% from 13.48 million tonnes at 4.24 grams per tonne for 1.84 million ounces of gold, to 13.44 million tonnes at 3.31 grams per tonne for 1.44 million ounces. The area now has a total resource of 33.86 million tonnes at 3.55 grams per tonne for 3.89 million ounces. "

[Popeye82]

Phosphate Australia announce acquisition - Australianinvestor - 7-Dec-2010
http://australianinvestor.com.au/news.asp?id=39547
http://stocknessmonster.com/news-item?S=POZ&E=ASX&N=519346

"Phosphate Australia (ASX:POZ) today confirmed a 100% acquisition of the 973km2 Earaheedy Basin manganese project just north of Wiluna in Western Australia’s mid-west.

The company plans to release the results of their recently completed airborne electromagnetic survey over Earaheedy’s main manganese prospect Iroquois in January 2011.

According to Phosphate Australia, Iroquois is an exciting exploration play due to its large target area (21km x 5km), shallow depths of mineralisation, and the potential for bedded manganese deposits to yield very large tonnages. "

[Popeye82]

Quantum Rare Earth Developments - Announces Airborne Geophysical Survey of Elk Creek Carbonatite - Dec 07, 2010
www.marketwire.com/press-release/Quantum-Announces-Airborne-…

[Popeye82]

Rodinia Lithium - Intersects 204 Metres Grading 536 mg/L Lithium at Salar de Diablillos - Dec 06, 2010

+ Drilling Intersects 204 Metres Grading 536 mg/L Li, 5638 mg/L K, 741 mg/L B With Average 3.48 Mg:Li

+ Exploration Program Continues to Expand Mineralized Zone Approximately 5 Km South of Hole D-RC-01 and 3 Km West of Hole D-RC-07

+ Drilling at Depth Discovering Higher Grade Brines Than Expected by Management

+ Second Drill on Site to Accelerate Resource Estimate
www.marketwire.com/press-release/Rodinia-Lithium-Inc-Interse…

[Popeye82]

Stonehenge Metals - Signs KoreanResearch Agreement - Nov 30, 2010
www.stocknessmonster.com/news-item?S=SHE&E=ASX&N=518063

[Popeye82]

Estrella Gold - Announces Joint Venture On Pampa Poroma IOCG Target With Cliffs Natural Resources In Peru - Dec 6, 2010
www.estrellagold.com/s/NewsReleases.asp?ReportID=432137

[Popeye82]

Stellar Biotechnologies - Exclusive License Agreement on Bayer Innovations/Stellar KLH Technology - Dec 07, 2010
www.marketwire.com/press-release/Stellar-Biotechnologies-Exc…

[Popeye82]

SoCo: How David Cameron's 'Big Society' idea can be applied to helping Small Companies to lift the UK Economy - ED - Dec 6, 2010

- Brian Basham -

+ SoCo points to smaller companies as the best bet to lift and sustain Britain‘s economic growth - but only if they can find appropriate finance.

+ SoCo takes its name from David Cameron's 'Big Society' idea of decentralisation of services away from the State. It applies that principle to the decentralisation of finance for smaller companies away from the dominating banks that refuse to lend to them and the financial institutions that are too big to embrace them.

+ Investors are already being driven to look for superior returns and account for a substantial increase in business angel investment. It encourages the coalition government to support this trend.


SUMMARY

SoCo points to smaller companies as the best bet to lift and sustain Britain‘s economic growth - but only if, they can find appropriate finance.

SoCo takes its name from David Cameron‘s ‗Big Society‘ idea of decentralisation of services away from the State. It applies that principle to the decentralisation of finance for smaller companies away from the dominating banks that refuse to lend to them and the financial institutions that are too big to embrace them.

SoCo‘s findings suggest that, given proper incentives, business angels alone could invest £4 billion in start-up companies – a sum which is greater than any form of assistance that could be expected from the government.

It observes that, thanks to the effects of the internet and new media, small companies have a much greater chance of succeeding than ever before.

SoCo points to the ever shortening time scales of companies from start-up to global success and suggests that ‗there are embryo companies that we haven‘t heard of today that will be world striding giants in under five years‘.


It highlights the resilience of an economy based on small companies:

+ It draws fresh attention to the fact that smaller companies employ more than half the UK workforce and observes that, as they grow, smaller companies take on more employees to cope with increasing sales, whilst large mature companies with limited growth prospects often seek to improve earnings by reducing their labour forces.

+ It records that small companies are drivers of innovation, registering more than 60 per cent of all patents.

+ It points out that small company by and large pay taxes whilst many of the largest companies avoid them.

+ It observes that when large companies fail, they cause national, even global distress; whereas when small companies fail, the effect is minimal and localised.

+ Against that background it calls for a much greater differentiation of regulation between large companies and small.

+ In particular, it calls for a sustained effort to be made to lift from smaller companies the excessive burden of ‗catch-all‘ red tape that is principally designed to monitor and control large companies. This burden has a disproportionate effect on small companies.

+ It pleads for a complete rethink of employment law for companies employing, say, less than 20 people. This would take the vast proportion of the UK‘s businesses out of a regulatory nightmare but would have little effect on employment conditions. In this respect, it also draws attention to the greater satisfaction enjoyed by employees of smaller companies who can see that their efforts actually ‗make a difference‘.
www.equitydevelopment.co.uk 3


Finally, the report observes that a new atmosphere of trust must be established if individual investors are to be attracted to support companies both small and large.

With that in mind, it calls for a removal of the core conflict that has neutered the Financial Services Authority. That conflict sits between the objective of „policing the City ‗and that of „protecting the reputation of the City‟.

It reports the views expressed by the former CEO of the FSA Howard Davies, that senior figures at the FSA used that conflict to argue against action to tackle regulatory and market abuse, stating that action would draw attention to the abuse and thus damage the reputation of the City. It points to that conflict as a major cause of the failure of the FSA.

SoCo argues that new clear objectives must be established and truly independent officials must be appointed if the Bank of England is not to fall into the same morass as the FSA.

It demands tighter policing of the smaller end of the quoted company market so that the ‗usual suspects‘ rogue promoters are denied access to investors who, when robbed of their savings, are deterred from further investment, thus denying the market as a whole an important source of funding and liquidity.

It refers to the higher returns available from smaller companies across the board, to the savings to be made by individuals managing a proportion of their own investments and to the time being right to encourage individual investment in small companies low because of the rates of interest available in the market place.

It draws attention to the loss of confidence in financial institutions that places the UK near the bottom (101 out of 110 countries) of the recently released Legatum Institutes‘ Prosperity Index.

It points out that these factors combined are already driving investors to look for superior returns and account for a substantial increase in business angel investment. It encourages the coalition government to support this trend. ...-
www.equitydevelopment.com/downloader/791

[Popeye82]

Discovery Metals - Boseto Project receives 3Mtpa Environemental Approval - Dec 3, 2010
www.stocknessmonster.com/news-item?S=DML&E=ASX&N=227005

[Popeye82]

Foreign firms barred from investing in RMB time deposits - CER/DJ - December 7, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_07/Foreign…

"The People's Bank of China (PBOC) has banned foreign firms from putting funds into renminbi-denominated time deposit instruments, Dow Jones reported, citing an article in state media which in turn cites an unnamed source.

According to the source, the PBOC recently informed foreign and local banks operating in China that foreign firms may only put renminbi into onshore savings accounts, where the interest rate is 0.36%, far below the 2.5% interest rate for one-year time deposit accounts. The decision is attributed to concerns that foreign firms may pour funds into China to take advantage of higher interest rates and speculation that the renminbi's exchange rate will rise. The report cited bankers as saying the move could prompt foreign banks to shift their renminbi deposits to Hong Kong. "

[Popeye82]

Russia's IRC orders $400m ore plant from Chinese firm - CER/BB - December 7, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_07/Russias…

"Russian mining company IRC (1029.HK), a listed subsidiary of Russian gold miner Petropavlovsk (POG.LSE), announced it has commissioned China National Electric Equipment Corp (CNEEC) to build a US$400 million iron ore processing plant, Bloomberg reported.

The new plant will supply iron ore to the China market, and will have a production capacity of 3.22 million metric tons of ore concentrate by 2013, according to IRC's statement. CNEEC's construction of the plant will depend on US$340 million in project financing from the Industrial and Commercial Bank of China (601398.SH, 1398.HK) and cash obtained from IRC's share sale in October, where it raised approximately US$241 million. Russia is increasing its commodity sales to China as demand in Europe slows, and has signed multiple agreements to facilitate exports of oil, natural gas and other key strategic commodities. IRC has said it wants to earn 30% of its revenues in Asia in the future. "

[Popeye82]

Silver Dragon to Commence Silver Production in China - MT - 07 December 2010
www.mining-technology.com/news/news104076.html?WT.mc_id=DN_N…

"Silver Dragon resources will start silver production at its Erbahuo silver mine in China in the second quarter of 2011.

The open-pit mine is expected to produce dore silver bars by the third quarter of 2011, which will be sold to smelters for further refining.

Huaguan Industrial and Guangxi Hongteng Mining have partnered to develop and operate the mine under a five-year arrangement.

The firms anticipate processing 100,000t of ore, yielding up to 8t of silver in the first year.

The Erbahuo mine is owned by Chifeng Silver Dragon Resources & Technologies, a joint venture between Silver Dragon Resources and HIC, a Chinese state-owned entity. "

[Popeye82]

EU to assist China create carbon-trading scheme - CER/BB - Dec 7, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_07/EU_to_a…

"Jos Delbeke of the European Commission's climate change unit said Tuesday that the EU will set up a project to help China begin trading emissions in eight cities, Bloomberg reported.

The suggested project is dependent on the result of ongoing climate negotiations in Cancun, Mexico, which have produced fractious headlines regarding debates over the future of the Kyoto Protocol itself, but Delbeke expressed strong optimism. Talks, he said, are going "much better than anticipated. We are going to establish a work program." He said the United Nations Clean Development Mechanism, which is the world's second largest market for carbon emissions, will survive the negotiations thanks in part to the EU's 16 billion-ton demand for carbon emission reduction credits. "

[Popeye82]

Equartorial Resources - Iron Mineralisation Exploration Target of 2.3 - 3.9Bt - Nov 30, 2010

HL:

+ Independent consultants have confirmed the potential for substantial iron mineralisation in the form of both enriched “hematite cap” and primary itabirite at Equatorial’s 100% owned Mayoko-Moussondji Iron Project in the Republic of Congo.

+ Initial Global Exploration Target at Mayoko-Moussondji Iron Project has been estimated to range between 2.3 to 3.9 BILLION TONNES1 of iron mineralisation at an expected grade of 30% to 65% Fe.

+ The Global Exploration Target is the combination of five main prospects and is comprised of:

- Potential enriched “hematite cap” iron mineralisation estimated to range between 500 to 900 MILLION TONNES1 at a grade of 40% to 65% Fe.

- Primary itabirite iron mineralisation estimated to range between 1.8 to 3.0 BILLION TONNES1 at a grade of 30% to 45% Fe.


+ Equatorial is planning a drilling campaign to commence in early 2011 focused on validating the extent and grade of the hematite cap iron mineralisation at the Makengui Prospect, the largest of the five prospect areas located within the Mayoko-Moussondji Iron Project.

+ The large high grade hematite exploration target supports Equatorial’s focus on rapidly identifying direct shipping ore and developing a start up project based on the Company’s access to existing rail and port facilities. ...
www.stocknessmonster.com/news-item?S=EQX&E=ASX&N=517994

[Popeye82]

Sino Vanadium - Financing Update - Dec 06, 2010
www.marketwire.com/press-release/Sino-Vanadium-Financing-Upd…

[Popeye82]

Victory West Moly - Finalises Acquisition of USSU Nickel Project - Nov 12, 2010

HL:

+ Binding agreement signed to acquire rights to 70% interest in the USSU Nickel Project

+ Legal and Technical Due Diligence confirms the Project to be in good standing and highly prospective

+ Drilling contractor mobilized – 80 hole drilling program targeting maiden inferred JORC resource

+ An aggressive work program and budget has been agreed to fund exploration, production permit approvals and pre-development works to be complete by February 2011


Key Project Highlights

+ The Project is considered highly prospective with an initial exploration target of 35-45Mt at 1.2% to 1.6% Ni1 (across both Limonite and Saprolite zones).

+ Less than 40% of the concession has been explored providing significant further upside.

+ Located close to a port site (~3km’s) and historical exploration work indicates potential low stripping ratio with well-developed mineralization at surface.

+ Early commercialization through direct shipping ore (DSO) high grade saprolite nickel ore

+ Favourable economics - potentially low cost and rapid ramp-up to commercial production and cash flow.

+ Feasibility and Environmental Studies in progress for Production and Operational IUP (Exploitation) concession application

+ Robust market for Direct Shipping Ore (DSO) nickel ore and continued strong nickel demand from key Asian markets. ...
www.stocknessmonster.com/news-item?S=VWM&E=ASX&N=515000

[Popeye82]

Plant Impact Plc - secures European distribution deal with Cebeco; Plant Impact secures European Distribution deal with Cebeco Meststoffen BV, a key buyer for European agricultural co-operatives. Our crop nutrient products will be distributed exclusively by Cebeco in the Benelux countries, and they will also be evaluated in Germany - Nov 17, 2010
www.plantimpact.com/Libraries/englishDownload/Cebeco_Agreeme…


Plant Impact wins product registration in Brazil - Nov 18, 2010
www.plantimpact.com/Libraries/englishDownload/Brazil_Registr…


Positive potato trial results for Plant Impact's InCa; Plant Impact has published the results of field trials of InCa on potatoes. InCa is a unique and revolutionary calcium delivery system ideally suited to the needs of potatoes. Potato trials were carried out in the Netherlands, UK and France to assess and evaluate the performance of Plant Impact's InCa calcium foliar treatment. These trials were very positive in their findings and showed that: InCa increased marketable yield; InCa imp[roved the overall quality of the potatoes; and InCa enhanced storage and shelf life - Nov 26, 2010
www.plantimpact.com/Libraries/englishDownload/Pi_Potato_Tria…

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Wescorp Energy - Announces 10,000 bpd H2Omaxx Unit Completion - Nov 30, 2010
www.wescorpenergy.com/images/stories/wsce%20-%2011-30-10%20-…

"CALGARY, Alberta - Wescorp Energy Inc. (OTCBB:WSCE), a clean water technology company focused on implementing its low-cost solutions into several markets, with its initial focus on the oil & gas and marine industries, announced today that K-Line has completed substantial construction of Wescorp’s 10,000 barrel-per-day H2Omaxx mobile hydrocarbon water remediation unit. K-Line has begun its internal testing of the H2Omaxx unit's components and systems. Once this component testing is complete, K-Line and Wescorp will jointly commission the unit in preparation for deployment in early January 2011.


Wescorp has contacted a number of potential clients and expects to announce by December 15th the initial demonstration placement site for the 10,000 bpd unit in order to demonstrate its commercial capability.

'This is an important milestone for Wescorp and the commercialization of our clean water technology,' stated Robert G. Power, Executive Chair of Wescorp. 'We believe the 10,000 bpd unit will prove scalability of our technology -- one of the most important steps for new technology to demonstrate.”

This self-contained, mobile H2Omaxx unit is designed to be easily transported to remote locations and rapidly become operational on site, both for the purpose of demonstrating the technology and for actual use for commercial operations. The unit will have its own storage, separation and containment tanks, micro-aeration generators, firmware and computer automation technology to allow water remediation with minimal human supervision.

'As the manufacturer of the 10,000 bpd H2Omaxx unit, we are proud to play a role in Wescorp's success,' stated Les Knight, President of K-Line Trailers Ltd. (www.klinetrailers.com). 'K-Line will provide to Wescorp a customized trailer unit which will be fully self-contained, fully automated and capable of easy integration into a customer's operations. We have improved the physical operation of the unit and developed customized advance operating and communication software which is unique to the H2Omaxx technology,' Knight further stated.


Benefits of H2Omaxx Technology

Based on its research and testing, Wescorp has determined that use of H2Omaxx will provide important cost benefits to the operator, as compared with the traditional multi-technology approach to remediate water, by significantly lowering both the operator’s capital costs and its operating costs. Further, H2Omaxx is designed to introduce new revenue through the capture of barrels of oil for sale that would otherwise be subject to disposal.

In earlier tests and demonstrations, H2Omaxx has been proven to be a safe, effective, economical and environmentally friendly process for cleaning and separating oil and solids from water. Using Wescorp’s nano-aeration technology, independent test results have shown it can reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.


About Wescorp

Wescorp (www.wescorpenergy.com) is a clean water technology company focused on implementing its superior yet low-cost solutions into the oil and gas production industry. "

[Popeye82]

Dorato Resources - Receives Preliminary Geophysical Results: Identifies 13 Geophysical Targets Coincident with Fruta Del Norte Fault Zone Extension - Dec 06, 2010
www.marketwire.com/press-release/Dorato-Receives-Preliminary…

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AgriMarine Holdings - Announces Results of Annual General Meeting &Appoints Chief Financial Officer - Dec 06, 2010
www.marketwire.com/press-release/AgriMarine-Announces-Result…

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Deals This Week: Inmet, CoAL, Lugansk &More - MT - Dec 6, 2010
www.mining-technology.com/news/news103977.html?WT.mc_id=DN_N…

"Inmet Mining has signed a binding agreement with Leucadia National and an affiliate to acquire its 30% indirect equity interest in the Cobre Las Cruces copper mine in Spain for $552m.

Under the agreement, Inmet will pay $150m in cash and $330m in common shares, while Leucadia will be released from its guarantee on $72m of debt owed by Las Cruces to an affiliate of Inmet.

Coal of Africa Limited (CoAL), through one of its black empowered subsidiaries, has acquired the Chapudi coal project and several other coal exploration properties in the Limpopo province of South Africa.

The acquisition calls for CoAL to pay $75m to Rio Tinto and Kwezi Mining, the joint venture companies of the Chapudi project, which has an estimated 1,040Mt JORC resource.

Lugansk Gold has signed a letter of intent (LOI) with a strategic investor that will allow it to invest about $20m in the issued capital of Lugansk Gold through a private pre-IPO placement.

The LOI provides the strategic investor with a right of first refusal to underwrite any future capital risings undertaken by Lugansk Gold, and the right to preserve the percentage of the equity holding of the strategic investor in Lugansk Gold.

Coal India is looking for a possible acquisition of five mines in the US, Australia and Indonesia to meet India's demand for the fuel.

Rio Tinto is eyeing at potential acquisitions and Philippines-based San Miguel is planning to either enter into a joint venture or acquire other coal mines in Indonesia. "

[Popeye82]

MBAC Fertilizer - Appoints Chief Operating Officer - Dec 06, 2010
www.marketwire.com/press-release/MBAC-Appoints-Chief-Operati…

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Klondex Mines - Completes $9 Million Bought Deal Private Placement - Dec 8, 2010
http://tmx.quotemedia.com/article.php?newsid=35610759&qm_sym…

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Klima schützen, Armut verhindern: Die Folgen des Klimawandels in den armen Ländern - OI - Nov10

- Der Klimawandel verschärft die weltweite Armut, bedroht Millionen von Menschen mit Hunger und sorgt für die Ausbreitung von Krankheiten wie Malaria und Dengue Fieber. Der Bericht zeigt, wie Menschen in armen Ländern schon jetzt von den Folgen des Klimawandels betroffen sind und was sie in Zukunft erwartet, wenn keine effektiven Maßnahmen unternommen werden, um einen verstärkten Klimawandel zu verhindern. Er formuliert notwendige erste Schritte hin zu einer fortschrittlichen Klima- und Energiepolitik, um eine Begrenzung des Klimawandels zu erreichen und eine Ausweitung der Armut zu verhindern. ...-
www.oxfam.de/sites/www.oxfam.de/files/klima_schuetzen-armut_…

[Popeye82]

Mesoblast And Cephalon Enter Into Strategic Alliance - Dec 8, 2010

HL:

+ Cephalon to receive exclusive worldwide commercialization rights to selected Mesoblast products

+ Alliance to focus on degenerative conditions of neurologic and cardiovascular systems
+ Mesoblast to receive upfront fee of US$130 million and up to US$1.7 billion in milestone payments

+ Cephalon to acquire stake in Mesoblast at a 45% premium

+ Mesoblast cash balance of $250 million to fund other major indications including diabetes, autoimmune and inflammatory diseases, ophthalmic indications and key orthopedic bone and cartilage conditions ...
www.stocknessmonster.com/news-item?S=MSB&E=ASX&N=347116

[Popeye82]

Nusep enters $1 billion Asian blood market - Australianinvestor - 24-Nov-2010
http://australianinvestor.com.au/news.asp?id=39515
http://stocknessmonster.com/news-item?S=NSP&E=ASX&N=614728

"NuSep Limited has today announced that it will enter the US$1 billion Asian blood plasma market through a 38% (S$4m) investment in Singapore-based blood fractionation business, SingaPharm Pte Ltd. SingaPharm has developed a totally disposable “mini-mill” plasma fractionation process based on NuSep’s patented PrIME separation technology.

NuSep is also pleased to announce that a leading Singapore cornerstone investor will invest S$3 million in SingaPharm. The total investment required to set up the manufacturing facility and fund clinical trials of SingaPharm’s mini-mill concept is S$12m. Singapore’s Health Sciences Authority (HSA) has reviewed SingaPharm’s technology and clinical trials will commence shortly. The trials are short term in nature (12months to complete) and involve 40 patients. "

[Popeye82]

Rex Minerals - Upgrade to Copper Resource @Hillside - Dec 6, 2010

HL:

+ Inferred Resources of 170Mt @0.7% copper &0.2g/t gold (up more than 70%)

+ Contained metal of 1.2 million tonnes of copper &1.1 million ounces of gold

+ 50% to 60% of target area tested - total target size of 1.5Mt to 2.8Mt copper

+ 5 drill rigs on site increasing to 8 in 2011 and plans to deliver a definitive feasibility study ...
http://stocknessmonster.com/news-item?S=RXM&E=ASX&N=346953

[Popeye82]

Northern Gold - Hits 101 Meters of 1.07 g/t Gold Including 11.5 Meters of 2.86 g/t &3.0 Meters of 10.88 g/t Gold - Dec 09, 2010
www.marketwire.com/press-release/Northern-Gold-Hits-101-Mete…

[Popeye82]

Aquila Resources - Meletse Iron Ore Project Resource Increase - Nov 30, 2010

HL:

+ Total JORC Iron Ore Resource at Meletse now totals 47.6Mt

+ 25.7Mt (117%) increase from the previous Resource statement

+ 33% of the Resource is now categorised as Indicated

+ Significant expansion potential as the Deposit remains open at depth and along strike

+ Project Resources may support up to 4Mtpa open pit operations ...
http://stocknessmonster.com/news-item?S=AQA&E=ASX&N=518088


West Pilbara Iron Ore Project Maiden Reserve of 445Mt - Nov 3, 2010

HL:

+ Maiden JORC Ore Reserve estimate for the Stage 1 development of 445Mt of Proven &Probable Reserves

+ This Proved &Probable Reserves represents 74% of the Stage 1 development Measured &Indicated Resources

+ Overburden to Ore ratio reduced from 1.85:1 to 1.13:1

+ Mine schedule completed for 15 years of production @30Mtpa

+ Significant Pilbara footprint of 8.500km2 tenements provides the opportunity to identify further Resources &thus extend the mine life and/or increase the throughput of the Project ...
http://stocknessmonster.com/news-item?S=AQA&E=ASX&N=518926


Talwood Coking Coal Project Resource Increase - Dec 9, 2010

HL:

+ Total JORC Coal Resource now totals 246.5Mt

+ 163.1Mt (195%) increase from the previous Resource Statement

+ 56% of the Resource is now categorised as Indicated

+ Three target seams:- Leichhardt and Vermont from the Rangal Coal Measures
- Middle Goonyella from the Moranbah Coal Measures


+ Pre-feasibility Study anticipated during 3Q 2011 ...
http://stocknessmonster.com/news-item?S=AQA&E=ASX&N=519704

[Popeye82]

Exoma Energy - CNOOC $50m Farmin to Exoma`s CSG Projects - Dec 9, 2010

KP:

+ CNOOC farmin to Exoma’s 5 Galilee Basin ATP’s to acquire 50% for AUD$50 million;

+ Exoma grant CNOOC option to acquire 86.6 million shares at 31.5 cents per share;

+ Aggressive Coal Seam Gas and Shale Gas exploration program planned for Exoma’s
26,840 km² of acreage with Gas In Place estimated to be greater than 100 TCF. ...
http://stocknessmonster.com/news-item?S=EXE&E=ASX&N=519682

[Popeye82]

Galaxy Resources - to acquire 70% of James Bay Pegmatite Project - Dec 9, 2010

HL:

+ Galaxy signs MOU to acquire initial 20% interest in the James Bay lithium pegmatite project in Canada for C$3 million in cash

+ Ability for Galaxy to earn up to 70% stake within two years through funding a detailed DFS on the project

+ NI 43-101 compliant resource occurs at surface and shares similarities with Mt Cattlin geology; project contains a NI 43-1011 compliant resource of 22 million tonnes at 1.28% Li2O

+ Potential to adopt similar plant design and capacity, which Galaxy expects will allow the DFS to be achieved quickly and cost effectively

+ If Galaxy earns at least 51% interest, Galaxy will have 100% exclusive marketing and selling rights to all byproducts, spodumene or lithium carbonate products. ...
http://stocknessmonster.com/news-item?S=GXY&E=ASX&N=519673

[Popeye82]

Bathurst Resources - MoU Executed - Buller Coal Offtake with Stemcor; the world’s largest independent steel trader - Dec 9, 2010

key aspects of the MoU are:

+ 5 year term from the commencement of first coal production (expected late 2011)

+ Exclusive agency agreement for 45% of the first 1 million tonnes production plus 30% of any additional production above 1 mtpa

+ Stemcor recognises the high quality nature of the Buller product and has agreed to have a proportion of its Agents commission driven by premiums above benchmark that they can obtain on product sales

+ Stemcor to act as principal in certain markets

+ Subject to satisfactory financial due diligence, agreement to provide up to US$50 million in a Coal Finance Facility; and

+ Subject to formal documentation and completion of financial and operational due diligence to the satisfaction of Stemcor. ...
http://stocknessmonster.com/news-it.....TU&E=ASX&N=519707

[Popeye82]

Rio Tinto, Chinalco Sign Exploration JV in China - MT - Dec 8, 2010
www.mining-technology.com/news/news104220.html?WT.mc_id=DN_N…

"Rio Tinto &Chinalco have signed a Memorandum of Understanding (MoU) to establish a landmark exploration joint venture (JV) to explore mainland China for mineral deposits.

The JV will initially focus on five large area exploration projects, &will include additional regions @a later date.

Chinalco's expertise &deep understanding of the Chinese environment will complement Rio Tinto's application of world-leading technologies and experience in operating global mining projects, Rio Tinto said.

The joint venture is expected to come into operation in the first half of 2011. "

[Popeye82]

MicroVision &Pioneer to Jointly Commercialize Innovative Laser Display Products - Dec 8, 2010
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-ne…

[Popeye82]

Nobel says 18 countries joining China boycott of ceremony - CER/AP - Dec 8, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_08/Nobel_s…

"Nobel Peace Prize officials announced Tuesday that 18 nations are joining China in boycotting the Nobel Peace Prize award ceremony for imprisoned dissident Liu Xiaobo, AP reported.

China has engaged in a diplomatic offensive to persuade countries to avoid the ceremony, calling Liu's supporters "clowns" and arguing that the prize represents an attack on China's political system. Countries not attending include Pakistan, Venezuela and Cuba, Russia, the Philippines, Kazakhstan, Saudi Arabia, Iran, Ukraine, Colombia, Egypt, Sudan, Tunisia, Iraq, Vietnam, Afghanistan, Serbia and Morocco. The Phillippine government has openly admitted that its decision was due to pressure from China. At least 44 other countries of the 65 invited will send representatives. Beijing has put many Liu supporters under house arrest and blocked many other sympathizers from traveling to Oslo. However, not all countries with important trade relationships with China are joining the boycott. Brazil, India, Indonesia and South Africa have all confirmed attendance. "

[Popeye82]

US: China climate commitments not transparent enough - CER/BB - Dec 8, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_08/US:_Chi…

"Continuing disagreements between the US and China on the implementation of the second iteration of the Kyoto Protocol carbon emissions agreement have cast new doubt on the outcome of the ongoing climate change conference in Cancun, Mexico, Bloomberg reported.

Todd Stern, lead US envoy to the climate talks, said that China's proposals are "business as usual." China has proposed to make voluntary, unenforceable commitments to reduce carbon emissions while requiring the US to make mandatory cuts, which Stern said is "at some level a step backwards." The US is unwilling to accept mandatory cuts for itself or a voluntary system in which Chinese cuts are not subject to international inspection. However, Chinese negotiators have recently expressed flexibility on the inspection issue. "

[Popeye82]

Solimar Energy - secures core acreage over major oil shale trend - Dec 10, 2010

HL:

+ 20,000 acres land position secured across 4 project areas.

+ 5 year lease secured on the most advanced project at Kreyenhagen covering 10,000 acres
signed 2 December 2010.

+ Upper oil shale zone 140 to 200 feet thick across much of 10,000 acre Kreyenhagen project. Recent analysis of sidewall cores shows this to be a rich oil source zone and potential fractured reservoir.

+ Solimar estimates that the oil source potential of this one zone could be up to 2.5 billion barrels of oil in the area in and surrounding the Kreyenhagen Project.

+ Unconventional gas and oil development is now a booming business in the USA and
California is part of that boom.

+ Unconventional oil production from shales in the San Joaquin Basin has been proven for
decades, but enhanced by recent technology advancements in horizontal drilling and fracturing techniques.

+ Economic assessment to commence immediately aiming to be determined within 12 months.
Due to moderate target depths (potentially as shallow as 3,500 ft) and existing infrastructure, cost to evaluate and commercialise will be highly competitive with other USA oil shale trends. ...
www.stocknessmonster.com/news-item?S=SGY&E=ASX&N=519945

[Popeye82]

MorphoSys unterzeichnet langfristige Allianz mit Pfizer über Nutzung der Sloning Technologie-Plattform - Dec 10, 2010
www.morphosys.de/pressrelease/morphosys-unterzeichnet-langfr…

[Popeye82]

Stock sales help government offset bailout losses; Treasury brings in $35B over 2 years to help offset losses from $700B financial bailout - AP, WASHINGTON - Dec 10, 2010
http://finance.yahoo.com/news/Stock-sales-help-government-ap…

[Popeye82]

Passport Potash - Announces Drilling @the Holbrook Potash Project - Nov 17, 2010
http://finance.yahoo.com/news/Passport-Potash-Inc-Announces-…

[Popeye82]

South Boulder Mines - Drilling Continues to Intersect Shallow Potash @Colluli - Dec 1, 2010

HL:

+ Drill hole Col-006 has intersected a total potash interval of 24.08m starting from 48.32m vertical depth;

+ The result further supports the stated initial exploration target of 300-500mt of potash ores with average grades of 21 – 25% KCl;

+ Col-006 was drilled approximately half way between previous holes Col-001 and Col-004 and confirms the extensive continuity of mineralisation over at least 4.5km2;

+ Hole Col-001 and Col-004 intersected a total thickness of 28.33m and 21.46m of potash respectively;

+ Hole Col-006 intersected;

- 6.29m of sylvinitite from 48.32m;
- 0.64m of carnallitite from 54.61m;
- 7.36m of carnallitite from 70.85m;
- 9.79m of kainitite from 78.21m;


+ It is expected that grades similar to that announced from previously released holes will be confirmed with chemical assays;

+ Assays up to 44% KCl have been intersected over 3.44m from sylvinitite intercepts;

+ The current drilling is part of a JORC/43-101 resource and mining engineering study into the open pit mining and processing operation with an initial starting capacity of 1.5Mt of potash p.a.;

+ The study will also examine the viability of additional production of up to 3Mt of potash p.a;

+ Exploration results to date have confirmed Colluli as the world’s shallowest buried evaporite potash deposit;

+ New drilling and scoping study results will be released as the come to hand. ...
www.stocknessmonster.com/news-item?S=STB&E=ASX&N=518378

[Popeye82]

LCT's diabetes treatment receives Russian registration - Australianinvestor - 10-Dec-2010
www.australianinvestor.com.au/news.asp?id=39565
www.stocknessmonster.com/news-item?S=LCT&E=ASX&N=181007

"Global cell development company Living Cell Technologies (LCT) has announced that its Russian subsidiary, LCT Biomedical Limited, has received registration of the company’s groundbreaking diabetes treatment, DIABECELL, as a marketable medical technology in Russia.

DIABECELL is the world’s first registered porcine cell implant therapy.

CEO of LCT, Dr Ross Macdonald, said: “This is a major step toward global commercialisation of this important advancement in the treatment of diabetes, providing us with the necessary authority to commercialise DIABECELL in Russia.”

The registration was granted following clinical trials conducted in Russia with patients suffering from insulin dependent Type 1 diabetes. These trials demonstrated that our product safely reduces a patient’s need for insulin. "

[Popeye82]

Zambia agrees tax payments with mining companies; Zambia, Africa's largest copper producer, has reached a deal with foreign mining companies whose long-term agreements the government had cancelled in 2008 to introduce higher taxes, the finance minister said on Thursday - Reuters, LUSAKA - Nov 25, 2010

- Chris Mfula -
www.reuters.com/article/idUSWEA177520101125?feedType=RSS&fee…

[Popeye82]

Molycorp and Sumitomo Agree to USD$130 Million Equity and Debt Investment in Molycorp in Exchange for Rare Earth Supply Agreement - Dec 10th 2010
www.miningtopnews.com/molycorp-and-sumitomo-agree-to-usd130-…

[Popeye82]

Lydian International Limited - Acquires Option to Purchase Minority Interest - Dec 10, 2010
www.marketwire.com/press-release/Lydian-International-Limite…

[Popeye82]

East Asia Minerals - Commences Independent NI43-101 Resource Estimate at Miwah - Dec 13, 2010
www.marketwire.com/press-release/East-Asia-Minerals-Commence…

[Popeye82]

Vanoil Energy - Announces 2011/2012 Work Programs For Blocks 3A & 3B In Kenya - Dec 13, 2010
www.vanoil.ca/s/NewsReleases.asp?ReportID=433033&_Type=News-…

[Popeye82]

Maple Leaf Reforestation - Forms Joint Venture with Canadian Partner to Build Solid Waste Power Generation Plants in China - Dec 10, 2010
www.newswire.ca/en/releases/archive/December2010/13/c4589.ht…

[Popeye82]

iQ Report for Q3 2010 - Iradesso - Dec10

- Bryan Mills -

- HLs of Q3 Report


Intermedian Rhapsody

From the second quarter to the third quarter of 2010, the number of intermediates that fit the criteria for our iQ Report grew from 23 to 27 companies. Eighteen of the 27 intermediate companies, or 67%, are at the bottom end in terms of size with production of less than 30,000 barrels of oil equivalent per day.

Meanwhile, the number of juniors that meet our criteria continues to drop. As of the third quarter, 56 juniors met our criteria. This is down from 59 in the second quarter and well below the high of 86 junior companies in the first quarter of 2006.


Stairway to A Safer Haven

During the third quarter, an investment in the median junior would have resulted in a loss of five percent. Meanwhile, the median intermediate had a positive return of seven percent. When the subsequent two months are factored in, the gap closed thanks to an upward swing for the juniors. The median return over the past five months since the start of the third quarter was 16 percent for the intermediates and nine percent for the juniors.

The best return for an intermediate in the five months from June 30 to November 30 was 47 percent for Celtic Exploration. The best returning junior over the same time period was Bowood Energy with a 122 percent gain.


Still gassy after all these years

With the price of oil at more than three times that of natural gas based on energy equivalence, it has made sense for quite a while for companies to focus their production on oil. Apparently it's not that easy. While we've seen evidence of this shift taking place, it has been slow. Overall the median junior is still 66% weighted to natural gas by volume and the median intermediate is 64 percent weighted to natural gas. Of course, none of this takes into account all the companies that are focused on the oil sands. There are a significant number of oil sands companies ranging in size from seniors down to emerging companies.


House of the Rising Debt

There is a house in Calgary... In the past few years, acceptable debt multiples of cash flow have risen. The median intermediate oil and gas company had net debt at the end of the third quarter of 2.1 times annualized cash flow during the quarter. The median junior had net debt of 1.7 times cash flow. On one hand, higher debt levels mean greater leverage for returns, however higher debt can also mean increased risk associated with being over-leveraged, which limits options for growth.


Mr. Fracturine Man

The conventional oil and gas sector in Canada isn't really all that conventional anymore. It is difficult to find a company that isn't utilizing newer technology in the form of horizontal multi-stage fractured wells. This means larger investments for drilling, but higher potential flow rates. While exploration and production company investors are benefiting from this approach, some of the biggest winners are the companies that provide services related to hydraulic fracturing. Those companies have provided some of the best returns for investors this year. ...-
http://iq.bmir.com/iq/iQ-Mag-Q3-2010-web.pdf

[Popeye82]

Kivalliq Energy - Announces High Grade Uranium Discovery 1.8 km from Lac Cinquante - Dec 13, 2010
www.marketwire.com/press-release/Kivalliq-Announces-High-Gra…

[Popeye82]

Amazon Mining Holding Plc - Files Patent Application for Production of KCl &SOP From Verdete - Dec 02, 2010
www.marketwire.com/press-release/Amazon-Files-Patent-Applica…

[Popeye82]

Lysander Minerals - Progress on Coal Strategy in Ukraine - Dec 13, 2010
www.marketwire.com/press-release/Lysander-Minerals-Corporati…

"VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 13, 2010) - Lysander Minerals Corporation (TSX VENTURE:LYM) (the "Company") is pleased to report on its progress in developing its coal interests in Ukraine.

At the initial Verticalnaya North ("VNP") sector of the Verticalnaya anthracite mine, all above-ground construction is substantially complete prior to the onset of winter conditions. Portals for the two planned inclined drifts have been completed on schedule. Contracts for the main conveyor drift and an auxiliary drift have been authorized and work has now commenced. It is expected that the drifts will access the H11 coal seam in the second quarter of 2011 and continue driving in coal. Development of the first long-wall will then commence. Commercial production is scheduled to commence in the first quarter of 2012.

The Verticalnaya mine is being developed on a flexible schedule, comprising the initial low-cost VNP development; followed by a ramp-up of VNP production; then full implementation of the development plan that will yield over 3 million tonnes per year. Directors are looking at the possibility of installing a washing plant to treat coal recovered from drifting and coal from nearby dumps for early cash flow. A decision on this will be made in the New Year.

Market conditions are strong and improving. Domestic prices for premium anthracite grades are climbing in Ukraine and in potential export markets. Demand and prices for PCI coal are rising globally in line with prices for metallurgical grade coals; while strong demand is raising prices for steam coals in Ukraine.

The Company continues to investigate other opportunities in the Donbass coal basin. These include existing operations in need of modernization and greenfield metallurgical coal resources.

It is considered that the Donbass coal basin offers significant potential. Projects are well located to supply both world export markets and significant local demand.

By Order of the Board,

Bryce M.A. Porter, President


About Lysander

Using high standards of safety and efficiency, it is planned to develop the Verticalnaya mine in stages and lead developments by western companies in the Donbass coal basin.

Verticalnaya North is described in the March 2010 NI 43-101 technical report available on Sedar (www.sedar.com) and the Company's website (www.lysanderminerals.com). It represents the first phase in the redevelopment of the Verticalnaya mine, for which a NI 43-101 technical report was prepared in September 2008 and is also available on Sedar and the Company's website.

Key indicators include:

Net present value @ 12% US$ 352.1 million
Internal rate of return 35.2%
Average cash operating cost per saleable tonne US$ 31.19/tonne

Proven reserves 16,200,000 tonnes
Probable reserves 11,000,000 tonnes
Measured resources 57,300,000 tonnes
Indicated resources 18,900,000 tonnes
Total resources 76,200,000 tonnes "

[Popeye82]

Virginia Energy Resources - Closes Bought Deal Financing - Dec 13, 2010
www.marketwire.com/press-release/Virginia-Energy-Closes-Boug…

[Popeye82]

Golden Goose Resources - Shareholders Approve Plan of Arrangement With Kodiak - Dec 13, 2010
www.marketwire.com/press-release/Golden-Goose-Shareholders-A…

[Popeye82]

First Gold Exploration - Indicated Resources @the Rose Deposit: 11,436,000 Tonnes, 1.34% Li2O, 165 ppm Ta2O5, 2,668 ppm Rb, 377 ppm BeO &71 ppm Ga - Dec 14, 2010
www.marketwire.com/press-release/First-Gold-Exploration-Inc-…

[Popeye82]

Shaw River Resources - to acquire 75.5% of Namibian Manganese Project - Dec 13, 2010

HL:

+ Shaw River has entered into an agreement to acquire 75.5% of the Otjozondu Manganese Project (“Otjo”) in the mining friendly African nation of Namibia for a combination of shares, cash and options.

+ Shaw River has estimated an exploration target of 35Mt to 50Mt at 23% Mn to 27% Mn at Otjo.

+ Shaw River expects to report a maiden JORC Inferred Resource estimate from Otjo in the first half of 2011, based primarily on existing diamond drilling (22,000 metres) and RC drilling (11,000 metres) at the Otjo project.

+ Significant exploration upside exists along strike and at depth, with only a 24% portion of the 44km mineralised strike length drill tested so far indentifying seven deposits.

+ The acquisition includes 5 granted EPL’s, 1 granted Mining Lease over 1,367 km2 and a plant capable of producing up to 10,000t per month of 36% to 42% manganese product from run-of-mine material.

+ Extensive road, rail and port infrastructure elements are available for Otjo, including the bulk commodity port facilities at Walvis Bay, which are controlled by the Otjo project’s 24.5% joint venture partner, Oreport Namibia.

+ Historical production of 500,000t of high grade (+42%Mn) has occurred at Otjo since the 1950s. Recent trial mining and jig processing operations have produced up to 10,000 tonnes per month at 36 to 38% Mn.

+ Shaw River is targeting to commence production by early 2012, with feasibility work and additional exploration expanding on the extensive prefeasibility work conducted to date.

+ Drilling and detailed scoping study to commence immediately on completion of the transaction.

+ Shaw River is targeting to double production within five years.

+ Acquisition of Otjo is complimentary to Shaw River’s existing manganese strategy, and builds on Shaw River’s Pilbara and Ghana manganese project portfolio. ...
www.stocknessmonster.com/news-item?S=SRR&E=ASX&N=520136

[Popeye82]

Evolving Gold - Intersects 332.2 meters @1.28 gpt Gold at Rattlesnake, Including 42.7 meters @3.91 gpt Gold - Dec 13, 2010
www.evolvinggold.com/news/news2010/news-release-december-13-…

[Popeye82]

Crazy Horse Resources - Drills 487.3 Meters of 0.40% Copper, 0.15gpt Gold &1.45gpt Silver - Dec 14, 2010
www.marketwire.com/press-release/Crazy-Horse-Drills-4873-Met…

[Popeye82]

CORRECTION FROM SOURCE: Marifil Mines - Aquires 47,150 Ha of Potash Lands; Geologic Studies Suggest Good Probability of Potash, Uranium, Lead, Zinc and Asphaltite - Dec 14, 2010
www.marketwire.com/press-release/CORRECTION-FROM-SOURCE-Mari…

[Popeye82]

Blackline GPS - to provide Location Services for LifePort Kidney Transporter; the world's market-leading provider of products &services to the field of transplant medicine for donor organ recovery, preservation &transport - Dec 14, 2010
www.marketwire.com/press-release/Blackline-to-provide-Locati…

[Popeye82]

Glen Eagle Resources - Intersects an Average of 1.14 Li2O Over 19 Meters in Five Drill Holes - Dec 14, 2010
www.marketwire.com/press-release/Glen-Eagle-Intersects-an-Av…

[Popeye82]

IMX preparing for first iron-copper shipment - Australianinvestor - 13-Dec-2010
www.australianinvestor.com.au/news.asp?id=39576
www.stocknessmonster.com/news-item?S=IXR&E=ASX&N=520084

"IMX Resources’ (IXR) first shipment of iron-copper ore from its Cairn Hill mine is loading at Port Adelaide.

Bound for Yingkoi in Liaoning Province, China, the first shipment comprises approximately 62,500 tonnes of ore.

IMX Managing Director, Mr Duncan McBain, said: “This is a very important milestone for IMX and is the culmination of a lot of hard work over a number of years.” "

[Popeye82]

African Energy Resources - Sese Block-C Coal Drilling Exceeds Expectations - Dec 14, 2010

HL:

+ Resource delineation drilling in Block-C at the Sese coal project has continued to intersect thick, near-surface coal seams over a large area.

+ 43 reverse circulation (RC) percussion holes and 25 diamond drill core holes have been completed in Block-C within an area of approximately 70km2.

+ The average main seam thickness in Block-C is 11m with an average depth to the top of this seam of 52m.

+ The extent of the coal in Block-C significantly exceeds previous expectations, whilst coal thickness is at the upper end of the range of expectations.

+ Drilling in Block-C will be completed by the end of the week.

+ Block-B drilling will commence on 10th January 2011, subject to favourable weather conditions.

+ The Company expects to be able to announce an initial inferred resource at the end of Q1 2011. ...
www.stocknessmonster.com/news-item?S=AFR&E=ASX&N=520328

[Popeye82]

Goldsource Mines - Updates Preliminary Assessment; Files Quarterly Statements - Dec 14, 2010
www.marketwire.com/press-release/Goldsource-Updates-Prelimin…

[Popeye82]

Kivalliq Energy - Receives Final Assays From Lac Cinquante 2010 Drill Program; High Grade Mineralization Extended Eastward Along Trend - Dec 14, 2010
www.marketwire.com/press-release/Kivalliq-Receives-Final-Ass…

[Popeye82]

Largo Resources - Reports Robust Economics from Preliminary Economic Assessment ("PEA") for Currias Novos Tungsten Project (Brazil) - Dec 14, 2010

+ Pre-Tax IRR of 163%

+ EBITDA Over Mine Life of Four Years Estimated to Be US$23.2 Million at a Price of US$260 Per mtu of WO3

+ Indicated Mineral Resource Estimated to Be 3,460,000 Tonnes at 0.120% WO3 and Inferred Mineral Resource Estimated to Be 810,000 Tonnes at 0.093% WO3

+ Site Work Underway for Planned Initial Production in June 2011

+ Further Potential for Additional Tungsten Resources and Biproducts ...
www.marketwire.com/press-release/Largo-Reports-Robust-Econom…

[Popeye82]

African Minerals Receives Phase 1 Funding for Tonkolili Project - MT - Dec 14, 2010
www.mining-technology.com/news/news104779.html?WT.mc_id=DN_N…
www.african-minerals.com/News/RNS_Announcements/RnsNews.aspx…

"African Minerals has received phase 1 funding for the development of its Tonkolili project in Sierra Leone, West Africa.

The company received $370m through a loan facility, with 10% remaining subject to Canadian regulatory approval.

Phase 1 is designed to deliver a production capability of 12Mtpa of Direct Shipping Ore as lump and sinter fines with a grade in excess of 58% Fe. The first ore is expected to be loaded for export in Q4 2011.

As part of phase 1, the firm has recently commissioned BCM Group as the mining contractor.

The operating cost of phase 1 is estimated to be approximately $27.50 per ton, according to the firm. "

[Popeye82]

Nuinsco Resources - Expands Size of Bukari Gold Showing in Egypt's Eastern Desert - Dec 13, 2010
www.marketwire.com/press-release/Nuinsco-Expands-Size-of-Buk…

[Popeye82]

Mindoro Resources - Releases Exceptional Nickel Metallurgical Results - Dec 13, 2010

+ Rapid leaching rates with very high nickel and cobalt extraction in metallurgical tests.

+ Beneficiation tests indicate 20% upgrade to limonite.

+ Results indicate potential for very low processing cost operation. ...
www.marketwire.com/press-release/Mindoro-Releases-Exceptiona…

[Popeye82]

South Boulder Mines - Additional Shallow Potash @Colluli - Dec 15, 2010

HL:

+ Diamond core drilling intersects additional potash in holes Col-009
and Col-010;

+ The results further confirm the initial exploration target of 300-500Mt of potash ores with average grades of 21-25% KCl. (To comply with the JORC Code, the following statement must be read proximal to the stated exploration target above; The potential quality and grade of the Colluli exploration target is conceptual in nature and there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource)

+ Hole Col-009 and Col-010 intersected a total thickness of 12.23m and 28.33m of potash respectively (Figure 1);

+ The extensive mineralization intersected thus far at the project is considered open in all directions;

+ Hole Col-009 intersected;

- 0.75m of sylvinitite from 23.97m;
- 1.51m of carnallitite from 24.72m;
- 9.97m of kainitite from 26.23;


+ Hole Col-010 intersected;

- 1.02m of sylvinitite from 23.95m;
- 0.16m of carnallitite from 24.97m;
- 13.73m of carnallitite from 28.11m;
- 13.42m of kainitite from 41.84m;


+ The current drilling is part of a JORC/43-101 resource and mining engineering study into the open pit mining and processing operation with an initial starting capacity of 1.5Mt of potash p.a. The study will also examine the viability of additional production of up to 3Mt of potash p.a;

+ Exploration results to date have confirmed Colluli as the world’s shallowest buried evaporite potash deposit;

+ A recent placement of 3.5m shares @ $2.00/share to raise $7m provides the company with sufficient funds to advance exploration and pre-feasibility studies;

+ Full drilling details and scoping study results will be released as they come to hand. ...
www.stocknessmonster.com/news-item?S=STB&E=ASX&N=520570

[Popeye82]

Champion Minerals - Completes Assessment of Historic Work on 14 Claim Blocks of its Fermont Iron Property; Outlines 2011 Drilling Program with the Potential to Confirm and Significantly Increase Historical Mineral Resources* from the Current 600 Million Tonnes Grading 30.5% Total Iron - Dec 15, 2010
www.marketwire.com/press-release/Ch.....rmont-TSX-CHM-136951…

[Popeye82]

Bayfield Ventures - Drills 89.96 g/t Gold over 1.1m within 46.6m of 2.28 g/t Gold in Rainy River, NW Ontario - Dec 14, 2010
www.marketwire.com/press-release/Bayfield-Drills-8996-g-t-Go…

[Popeye82]

Riverstone Resources - Extends Depth of Kao Deposit @Karma - Dec 15, 2010
www.marketwire.com/press-release/Riverstone-Extends-Depth-of…
www.riverstoneresources.com/i/maps/101213-091112_Kao_Cartoon…

[Popeye82]

Columbus Gold - Drilling Planned on 11 of Columbus Gold's Nevada Projects in 2011 - Dec 15, 2010
www.marketwire.com/press-release/Drilling-Planned-on-11-of-C…
www.columbusgoldcorp.com/i/nr/2010-12-15-drilling-2011.jpg

[Popeye82]

Blackline GPS - Slater to Take Role of CEO for Blackline - Dec 15, 2010
www.marketwire.com/press-release/Slater-to-Take-Role-of-CEO-…

[Popeye82]

ATAC Resources - Intersects 32.64 Metres of 8.91 g/t Gold @the Tiger Zone-Rau Gold Project-Yukon - Dec 15, 2010
www.marketwire.com/press-release/ATAC-Resources-Ltd-Intersec…

[Popeye82]

Iron Ore Holdings - Signs Native Title Agreement for Iron Valley Project; Major development milestone for the Iron Valley project - Nov 30, 2010
www.stocknessmonster.com/news-item?S=IOH&E=ASX&N=518165

[Popeye82]

Mantra Resources - ARMZ Makes All Cash Offer for Mantra Valued @A$1.16B - Dec 15, 2010
www.stocknessmonster.com/news-item?S=MRU&E=ASX&N=520609

[Popeye82]

Mawson Resources - Channels 0.95 Metres @ 1,424 G/T Gold &1.3 % Uranium &Grab Samples Assay up to 22,723 G/T Gold @Rompas in Finland - Dec 15, 2010
www.mawsonresources.com/s/NewsReleases.asp?ReportID=433519&_…
www.mawsonresources.com/i/maps/Rompas_PLANDEC15.pdf

[Popeye82]

Advanced Explorations - Engages EBA Engineering to Support Roche Bay Mine Permitting Process - Dec 15, 2010
www.marketwire.com/press-release/Advanced-Explorations-Engag…

[Popeye82]

EnWave Corporation - Signs Collaboration Agreement with Grimmway Farms; the world's largest organic carrot and vegetable producer - Dec 15, 2010
www.marketwire.com/press-release/EnWave-Signs-Collaboration-…

[Popeye82]

Big Cat Energy Corporation and High Plains Gas Inc. Announce Signing of Sales Purchase Agreement for Strategic Investment - MTN - Dec 15, 2010
www.miningtopnews.com/graham-corporation-acquires-nuclear-ac…

[Popeye82]

Rwanda Expects More Investments in Mineral Industry; The Rwandan Government is expecting increased investment in its minerals industry following the ban on mining in Congo, its neighbouring country - MT - Dec 15, 2010
www.mining-technology.com/news/news104929.html?WT.mc_id=DN_N…

[Popeye82]

Zimbabwe Needs to Reconsider Mining Contracts - MT - Dec 15, 2010
www.mining-technology.com/news/news104926.html?WT.mc_id=DN_N…

"Zimbabwe needs to reconsider some of the mining contracts it has signed, according to the Zimbabwean Parliamentary Portfolio Committee on Mines and Energy.


Committee chairman Edward Chindori-Chininga told NewsDay that the government is not benefiting from the deals with most of big mines and needs examine some of the mining contracts and fiscal arrangements it has signed with mining companies such as BHP.

Lot of mines in Zimbabwe are banking their profits outside the country, which is lessening the chances of the nationfrom benefiting from its mineral resources.

Moreover, measures are needed for all mines to purchase mining supplies and equipment through Zimbabwean firms producing supplies locally or operating under franchise agreements. "

[Popeye82]

Graham Corporation Acquires Nuclear-Accredited Supplier Energy Steel & Supply Co. - MTN - Dec 15, 2010
www.miningtopnews.com/graham-corporation-acquires-nuclear-ac…

[Popeye82]

Debswana Expands Jwaneng Mine in Botswana - MT - Dec 15, 2010
www.mining-technology.com/news/news104923.html?WT.mc_id=DN_N…

"Debswana Diamond has launched a multi-billion dollar Cut-8 extension project at its Jwaneng mine in Botswana.

The company will invest $500m in capital expenditure and the estimated project investment is likely to total $3bn over the next 15 years.

The investment will include feasibility, design, implementation and mining operations, as well as the cost of plant and equipment.

Debswana is a joint venture between the Government of Botswana and the South African diamond company De Beers.

According to De Beers, the Cut-8 extension project is the largest single investment in the history of Debswana and the country's mining industry.

The construction project is expected to completed by the end of 2011. "

[Popeye82]

Qantas buys charter airline for FIFO workers; Qantas has bought the charter airline Network Aviation for $30 million, as it plans to meet the demands by the mining industry for more remote flights into remote Western Australia - MA - Dec 14, 2010

- Jessica Burke -
www.miningaustralia.com.au/news/qantas-buys-charter-airline-…

[Popeye82]

Palmer sources Chinese miners for QLD; Clive Palmer will bring in hundreds of Chinese miners to work on his Queensland coal mine - MA - Dec 14, 2010

- Cole Latimer -
www.miningaustralia.com.au/news/palmer-sources-chinese-miner…

[Popeye82]

Mine Olympic Dam without uranium: Greens; The Greens have both called for the expansion of the Olympic Dam mine in South Australia's far north coast to go ahead without uranium mining - MA - Dec 13, 2010

- Jessica Burke -
www.miningaustralia.com.au/news/mine-olympic-dam-without-ura…

"The Greens have both called for the expansion of the Olympic Dam mine in South Australia’s far north coast to go ahead without uranium mining.


They say State and Federal governments should make BHP Billiton look at a non-uranium option in the mine, as it will use less water and energy.

They base their suggestions on a report by Monash University, which said it is technically feasible and would deliver a better project for South Australia, which has prompted the Greens to say it counters the opinion that uranium is central to the expansion of the Olympic Dam.

About 200 000 tonnes of copper, 25 000 kg of silver, 4000 tonnes of uranium and 2800 kg of gold are taken from the Olympic Dam, and the proposed expansion from BHP Billiton would see the amounts of all resources extracted increase from three to 10 times the current amounts, meaning the amount of uranium extracted would be 19 000 tonnes.

Report author and engineering lecturer at the Monash University, Gavin Mudd said expanding the project without uranium was "clearly a realistic and technically feasible development option" but was not considered in BHP's draft environmental impact statement for the upgrade.

"Why (are) both BHP Billiton and government agencies... not requiring this to be given detailed consideration in the environmental assessment process?" he said.

"Given the fundamental issues still plaguing nuclear power, such as intractable high level nuclear waste, ongoing major nuclear weapons risks by either state or non-state groups and major economic uncertainty, the scenario for no uranium recovery is clearly realistic and more than a mere possibility - especially when compared to growth trajectories, economies of scale and reducing capital and operating costs for various renewable energy technologies."

Previously, the Greens had complained that BHP had taken too long to release its response to environmental concerns concerning the Olympic Dam expansion.

They have said it should not have taken eight weeks before the public could to view their 15 000 page environmental impact statement.

BHP Billiton has not yet seen the latest report.

A final decision on the expansion is expected later next year. "

[Popeye82]

Xstrata leading the way in solar installation; Xstrata's Mt Isa Mines has mounted one of Australia's largest solar panel installations - MA - Dec 13, 2010

- Cole Latimer -
www.miningaustralia.com.au/news/xstrata-leading-the-way-in-s…

"Xstrata’s Mt Isa Mines has mounted one of Australia’s largest solar panel installations.


With 672 solar panels in place at its workers’ Parkside units, the miner can now access an additional 864 kilowatt hours every day, enough to power up to 70% of its accommodation’s needs.

The Mt Isa mine’s electrical engineer and project manager, Kevin Lu, told the North West Star that this project will have an enormous environmental gain for the company.

“This project will reduce about 500 kilograms of carbon dioxide every day,” he said.

Engineering support manger Clayton Stansbie stated that the panels now cover more than a quarter of an acre of roof space, at approximately 1120 square metres.

Stansbie went on to say that “it’s one of the largest roofing installations of solar panels in Australia at present, which is a pretty big achievement.”

He told the North West Star that reduction of the miner’s carbon foot print was the major reason behind it, as well as the company aiming to bring new technology to town while at the same time highlighting its position as an environmental leader.

The solar panels were installed by Mount Isa based contractors as well as two mine employees. "

[Popeye82]

MetroCoal - Surat Basin Rail - EIS approved by Queensland Government - Dec 15, 2010
www.stocknessmonster.com/news-item?S=MTE&E=ASX&N=227431

[Popeye82]

China to set $1trn target for new loans in 2011 - CER/BB - December 14, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_14/China_t…

"China's bank lending target for 2011 is likely to be at least US$1.05 trillion, suggesting that any clampdown on lending growth will not be so severe, Bloomberg reported, citing two people briefed on the matter.

The government planned for US$1.13 trillion in new loans in 2010, but this ceiling was almost breached in the first 11 months of the year. It has responded to inflationary pressure by reining in credit growth recently, raising banks' required reserve ratio three times in five weeks. Economists at UBS (UBS.NYSE, UBSN.SIX) and Bank of America Merrill Lynch (BAC.NYSE, 8648.TYO) had earlier predicted a new lending target of US$975 billion to US$1 trillion for 2011. According to one estimate, actual lending for 2010 may reach as high at US$1.35 trillion when off-balance sheet credit and short-term financing bills that get converted into loans are included. Beijing is also said to be targeting 4% inflation, 8% GDP growth and 16% money supply expansion in 2011. "

[Popeye82]

ZYL raise $4.7 million - Australianinvestor - 14-Dec-2010
www.australianinvestor.com.au/news.asp?id=39583
www.stocknessmonster.com/news-item?S=ZYL&E=ASX&N=520396

"ZYL Limited (ZYL) today announced it has finalised plans to introduce a number of key strategic investors to the company via a private placement of shares to raise approximately $4.7 million.

The company said this funding will accelerate the development of the Kangwana Anthracite Project, and enable the ZYL to fast-track its ownership interest in the project.

ZYL is an emerging coal explorer and potential producer.

The Kangwana Anthracite Project is based in South Africa. "

[Popeye82]

WTO backs US in tire dispute with China - CER/BB - Dec 14, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_14/WTO_bac…

"The WTO has rejected Beijing's complaint about US tariffs on Chinese tire imports, saying the Obama administration "did not fail to comply with its obligations," Bloomberg reported.

President Barack Obama in September 2009 imposed three-year duties on US$1.8 billion of Chinese-made tires in what was described as a move to protect US jobs. The tariffs are calculated as a percentage of the tires' value, with a levy of 35% in the first year, 30% in the second and 25% in the third, plus a 4% duty on all passenger-vehicle and light-truck tires imported into the US. The president was responding to a complaint by the United Steelworkers union, which called for an annual import cap of 21 million tires. It said that Chinese tire exports to the US had tripled from 2001 to 2004, reaching 41 million units. US Trade Representative Ron Kirk said the WTO decision is "a major victory for the United States and particularly for American workers and businesses." "

[Popeye82]

China-India relations 'very fragile': ambassador - CER/FT - December 14, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_14/China-I…

"China's ambassador to India has described the relationship between the two countries as "very fragile" ahead of Premier Wen Jiabao's visit to New Delhi, the Financial Times reported.

Stressing that bilateral ties are easily damaged and difficult to repair, Ambassador Zhang Yan said it was up to the Indian government to "provide guidance to the public to avoid a war of words." Wen's 400-strong delegation is expected to strike deals worth as much as US$20 billion during the visit. But despite increasing trade in recent years and cooperation on issues such as climate change, there are widespread concerns in India about China's rise and its future intentions in South Asia. The two sides are also trying to resolve a decades-long border dispute. Responding to Zhang's remarks, Indian Foreign Secretary Nirupama Rao said that China had nothing to fear from India's "vibrant and noisy democracy." "

[Popeye82]

Cambodia's leader signs 13 deals on China visit - CER/AP - December 14, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_14/Cambodi…

"Cambodian Prime Minister Hun Sen signed 13 agreements with Beijing covering areas such as energy and infrastructure as he began a five-day visit to China on Monday, AP reported.

"China and Cambodia continue to strengthen friendly cooperation. This is in the interest of the people of the two nations and also in the interest of regional peace and stability," Premier Wen Jiabao told his Cambodian counterpart. The agreements include a hydroelectric deal with Sinohydro Corp, pacts on environmental technology, machinery equipment and agricultural exports, and the development of "Sihanouk port," named after the former Cambodian king who often travels to China for medical treatment. There were also a clutch of deals involving China Development Bank and Export-Import Bank of China. Hun Sen said before his departure that China would provide soft loans to Cambodia for projects including a new road and two bridges across the Mekong River. China has channelled millions of dollars in aid to Cambodia over the past decade. "

[Popeye82]

Mosquito Consolidated Gold Mines - Hires International Engineering Firm - Dec 15, 2010
www.mosquitogold.com/s/NewsReleases.asp?ReportID=433651&_Typ…

[Popeye82]

Wildcat Silver - Commences Next Phase of Drilling Program - Dec 14, 2010
www.prnewswire.com/news-releases/wildcat-commences-next-phas…

[Popeye82]

Noble Minerals Bibiani Project strikes success - Australianinvestor - 14-Dec-2010
www.australianinvestor.com.au/news.asp?id=39584
www.stocknessmonster.com/news-item?S=NMG&E=ASX&N=520354

"Noble Mineral Resources (NMG) aggressive exploration strategy at its Bibiani Gold Project in Ghana has struck immediate and outstanding success.

The first round of drilling returned grades of up to 84.15gpt, indicating the potential to substantially grow the resources which currently stand at 1.98 million ounces.

Noble Managing Director Wayne Norris said the latest drilling results were outstanding and showed the upside which existed at Bibiani.

“We believe we have only scratched the surface surrounding the Bibiani area,” Mr Norris said. “The recent drilling highlights the immense potential this project offers.”

“Noble stands to become a significant mining house in West Africa and a lot of this will stem from the fact that we are able to develop and grow our resource and reserve base.

“With two company-owned rigs already mobilised onsite, an additional contract rig due this month and two new multi-purpose rigs arriving in the first quarter of 2011, Noble has now taken control of its own destiny and will aggressively pursue opportunities in and around the existing operations.” "

[Popeye82]

Talon Metals - Announces First Results Of Drilling On Trairão Iron Project - Dec 13, 2010
www.talonmetals.com/news/index.php?&content_id=151

[Popeye82]

Latin Resources - Exploration Update - Guadalupito - Nov 29, 2010
www.stocknessmonster.com/news-item?S=LRS&E=ASX&N=517734

[Popeye82]

Resource Generation - Reserve Upgrade - Dec 16, 2010
www.stocknessmonster.com/news-item?S=RES&E=ASX&N=617618

[Popeye82]

Exco Resources - Cloncurry Copper Project Maiden Reserve - Dec 17, 2010

HL:

+ Confidence in the CCP grows with a maiden reserve of 28.1Mt @ 0.83% Cu & 0.24g/t Au.
(9.2Mt in proved reserve and 18.9Mt in probable reserve)

+ The reserve contains 233kt of copper and 220koz of gold

+ Resources within the CCP area stand at 55.7Mt @ 0.85% Cu & 0.22 g/t Au, of which 37.9Mt is classified as Measured or Indicated

+ The Company remains proactively focused on the completion of the Definitive Feasibility Study for the CCP, and securing the necessary approvals for project development ...
http://stocknessmonster.com/news-item?S=EXS&E=ASX&N=521014

[Popeye82]

Altius Minerals - Signs Exploration Alliance With Cliffs Natural Resources Exploration Inc.: Ferro Alloys Being Targeted in Newfoundland - Dec 16, 2010
http://tmx.quotemedia.com/article.php?newsid=36631023&qm_sym…

[Popeye82]

Quantum Rare Earth Developments - Announces 43-101 &Sampling Program @Elk Creek Niobium/Rare Earth Project - Dec 17, 2010
www.marketwire.com/press-release/Quantum-Announces-43-101-Sa…

[Popeye82]

Elko Energy – Danish Assets Summary Report on Resources Data - Jun 10, 2010
www.elkoenergy.com/NEWS/D (10 06 10) TRACS DK Signed CPR Sum…

[Popeye82]

Trevali &Kria Resources Announce Friendly Business Combination to Create Platform for a New Intermediate Base Metals Producer; Company will have multiple Zinc-Lead-Copper-Silver assets in Peru &Canada: Indicated Resources of 1.7 Billion contained lbs Zinc, Inferred Resources of 2.8 Billion contained lbs Zinc; Two mines slated to enter production in 2011-2012 - Dec 16, 2010
www.trevaliresources.com/i/pdf/2010-12-16_NR.pdf

[Popeye82]

Catalyst Copper - announces resource estimate for La Verde, Mexico; 210.5Mt @0.46% TCu M &I &130.8Mt @0.46% TCu I - Dec 17, 2010
www.catalystcopper.com/media/news-releases/2010/catalyst-cop…

[Popeye82]

( )

Was halten Sie von diesem Investment??

+ Investition: 30.000 Euro

+ Vermögen nach 6 Jahren: 1.330.000 Euro

+ Risiko: gering

+ Teilnehmer: maximal 250 ...
http://depot-optimierung.gevestor.de/index.php?id=17065&bann…

[Popeye82]

Tournigan Energy - Prices Public Offering - Dec 2, 2010
www.tournigan.com/s/NewsReleases.asp?ReportID=433061&_Type=N…

[Popeye82]

Consolidated Thompson Enters Into A New US$250 Million Revolving Credit Facility - MTN - Friday, December 17th 2010
www.miningtopnews.com/consolidated-thompson-enters-into-a-ne…

[Popeye82]

NGEx Resources - Awarded Major Potash Project - Dec 06, 2010
www.marketwire.com/press-release/NGEx-Awarded-Major-Potash-P…
http://media3.marketwire.com/docs/NGQ1206m.pdf

[Popeye82]

Iraq entices investors to bid for power profits; Iraq says it will help investors make a profit with power plants to meet electricity demands - FY/AP, BAGHDAD - Dec 18, 2010
http://finance.yahoo.com/news/Iraq-entices-investors-to-bid-…

[Popeye82]

RTL Corporation - Change of Activities &Zambeze Coal Basin Update - Aug 18, 2010
www.stocknessmonster.com/news-item?S=RTL&E=ASX&N=501938

[Popeye82]

EMED Mining Ticks Another Bureaucratic Box In Spain, &Taps Canadian Investors For Nearly $25 Million; EMED Mining has been hoping to return the Rio Tinto Mine to production for a while now, &with another official “statement of non-opposition” now in the bag, it almost looks like the company is on the brink of succes - MS - Dec 15, 2010

- T. Jones -
www.minesite.com/nc/minews/singlenews/article/emed-mining-ti…

[Popeye82]

Western Desert Resources - Increases Iron Ore Resource @Roper Bar to 195Mt - Dec 1, 2010

HL:

+ Resource increased @Area F (east)

+ JORC compliant Inferred &Indicated Mineral Resource estimate of 20Mt @48.7% Fe

+ Revised DSO of 9.8Mt @58.3% Fe

+ Revised JORC compliant Mineral Resource estimates for Area E (east) &Area D due later this year. ...
www.stocknessmonster.com/news-item?S=WDR&E=ASX&N=180832

[Popeye82]

Western Desert Resources to help develop new port facility - Australianinvestor - 14-Dec-2010
http://australianinvestor.com.au/news.asp?id=39587
www.stocknessmonster.com/news-item?S=WDR&E=ASX&N=181045

"Western Desert Resources (WDR) has today announced a joint venture partnership with iron ore company Sherwin Iron Limited to establish a common-user port facility in the Gulf of Carpentaria.

The port would be the second closest to the massive iron ore markets in Asia, in Australia.

Operating under the name of Gulf Infrastructure Services, the joint venture will be responsible for the development, funding and operation of bulk commodity stockpiling and loading facilities in the Gulf of Carpentaria. "

[Popeye82]

IronClad raise funds to commence production - Australianinvestor - 15-Dec-2010
http://australianinvestor.com.au/news.asp?id=39590
www.stocknessmonster.com/news-item?S=IFE&E=ASX&N=520535

"IronClad Mining Limited (IFE) is set to pursue a two tranche capital raising in order to fund production at its Wilcherry Hill Iron Project in South Australia.

The company has been working on a feasibility study at the site for the past year, and is set to commence production during 2011. "

[Popeye82]

Ucore Rare Metals - Comments on U.S. Dept. of Energy Report - Dec 17, 2010
www.marketwire.com/press-release/Ucore-Comments-on-US-Dept-o…
www.energy.gov/news/documents/criticalmaterialsstrategy.pdf

[Popeye82]

Functional Technologies - Raises $4,000,000 - Dec 17, 2010
www.marketwire.com/press-release/Functional-Technologies-Rai…

[Popeye82]

Deals this Week: ARMZ, Franco-Nevada, Inmet &More - MT - Dec 17, 2010
www.mining-technology.com/news/news105393.html?WT.mc_id=DN_N…

"ARMZ Uranium Holding has entered into an acquisition agreement with Mantra Resources to acquire 100% of issued shares of Mantra Resources for A$1.2bn (US$1.2bn).

Each common share of Mantra will be exchanged for a cash payment in the amount of A$8.00 (US$7.94).

Franco-Nevada will acquire Gold Wheaton in the form of a Plan of Arrangement for C$830 (US$823m) in cash and shares.

The firms have entered into a friendly business combination agreement whereby Franco-Nevada will acquire Gold Wheaton for C$5.15 per common share.

Inmet Mining has closed a transaction with Leucadia National to acquire a 30% indirect equity interest and subordinated sponsor loans in the Cobre Las Cruces copper mine in Las Cruces, US.

Under the transaction, Inmet has paid $150m in cash and issued about 5.45 million common shares to Leucadia.

Penn Virginia has signed an agreement to purchase certain mineral rights and associated royalty interests in Kentucky and Tennessee from Begley Properties for approximately US$97.25m.

The mineral rights include approximately 102 million tons of coal reserves and resources.

Lanco Infratech's subsidiary, Lanco Resources Australia, has concluded a binding agreement with Griffin Energy Group and Carpenter Mine Management Holdings to purchase 100% shares of Griffin Coal Mining Company for an undisclosed amount. "

[Popeye82]

Afghanistan Approves Gold Mining Deal; The Government of Afghanistan has approved a project to mine gold under the mountains of northern Afghanistan - MT - Dec 17, 2010
www.mining-technology.com/news/news105287.html?WT.mc_id=DN_N…

"The Government of Afghanistan has approved a project to mine gold under the mountains of northern Afghanistan.

The deal is the first mining project in Afghanistan to be backed by private investors in the West, reports the Press Association.

Ten companies from the US and UK are investing in the $50m project in the Baghlan province.

US deputy under secretary of defence Paul A Brinkley said the project is an important step forward for Afghanistan's economic sovereignty, and represents a turning point in the history of international investment in the country. "

[Popeye82]

U308 - Drilling Highlights Magnetite Potential @Olary Creek - Dec 15, 2010

HL:

+ First drill holes @Olary Creek confirms the presence of shallow magnetite rich mineralisation

+ 6 RC drill holes completed for a total of 689 metres

+ Head grade intersections include:

- 81m @ 29% Fe including 9m @ 45% Fe (EOH)
- 11m @ 41% Fe
- 28m @ 36% Fe
- 32m @ 38.2% Fe
- 10m @ 43.3% Fe (EOH)


+ Davis Tube Recovery results averaged over sampled intervals include;

- OCKRC01 70.2% Fe conc 32.2% weight recovery
- OCKRC02 69.7% Fe conc 28.0% weight recovery
- OCKRC03 70.1% Fe conc 41.5% weight recovery
- OCKRC04 69.0% Fe conc 29.2% weight recovery


+ Low Si, P &S throughout

+ Further drilling planned during 2011 ...
www.stocknessmonster.com/news-item?S=UTO&E=ASX&N=520587

[Popeye82]

Rock Tech Lithium - Acquires 50,875 Hectares of Lithium Claims in Quebec - Dec 16, 2010
www.rocktechlithium.com/news/651/

[Popeye82]

Saccharum Energy - Executes Letter of Intent for Argentine Potash Property - Dec 21, 2010
www.marketwire.com/press-release/Saccharum-Energy-Corp-Execu…

[Popeye82]

Argonaut finalises investment in Queensland coal - Australianinvestor - 22-Dec-2010
www.australianinvestor.com.au/news.asp?id=39598
www.stocknessmonster.com/news-item?S=ARE&E=ASX&N=618293

"Argonaut Resources NL ("the Company") has announced it has finalised matters in relation to its $4 million investment in Blackwood Coal Pty Ltd ("Blackwood").

Blackwood is a private company and currently has 3 granted coal exploration permits (EPC 1955, EPC 1979 & EPC 1802) and 9 EPC’s under application. This funding, plus an additional $2 million from other investors, is being used to explore and define coal resources in the Bowen, Surat and Galilee coal basins.

Blackwood has confirmed it is looking to fast-track exploration programs with a view to estimating an initial resource to JORC standards at Moorlands in the first quarter of 2011.


Blackwood’s current project areas are:

+ Moorlands Project, Moorlands Basin:
+ East Wandoan Project, Surat Basin:
+ East Acland Project, Clarence-Moreton Basin:
and
+ Galilee Basin:


“The investment by Argonaut in our company will enable us to advance our exploration programs, in particular for our Moorlands project”, said Matthew Crawford, the Chief Executive Officer of Blackwood Coal. “We look forward to working with Argonaut over the next 12 months in refining and executing our exploration and drilling program.”

Mr Patrick Elliott, the Chairman of Argonaut said, "We are pleased with the proposed exploration program outlined by Blackwood Coal. When added to our other exploration and drilling programs at Alford in South Australia, Ban Bak in Laos and, subject to the ongoing approval process, Torrens in South Australia, the next year will be an exciting period for the company." "

[Popeye82]

Venture Minerals - wins tender for ground adjacent to Mt Lindsay - Dec 21, 2010

HL:

+ The new ground contains multiple high priority targets including extensions to existing Mt Lindsay skarns (Refer map 1 &2).

+ The new tenure was awarded to Venture following a tender process which involved numerous competing companies.

+ New tenure encompasses 65 square kilometres of highly prospective geology immediately adjacent to the Mt Lindsay Deposit (one of the world’s largest undeveloped tin projects).

+ Venture has again substantially grown its already commanding land package @Mt Lindsay delivering even greater future exploration potential.

+ Venture continues its aggressive exploration &development program @Mt Lindsay with 6 diamond core drill rigs @site &$27 million in cash. ...
www.stocknessmonster.com/news-item?S=VMS&E=ASX&N=521664

[Popeye82]

Far East Energy - Releases Original Gas-In-Place Report For Shouyang Block Prepared By Netherland, Sewell & Associates, Inc.; best estimate of Original Gas-in-Place of 7.0 trillion cubic feet (Tcf) - Nov 18, 2010
www.fareastenergy.com/release.php?id=163

[Popeye82]

Horizonte Minerals Plc - Araguaia Nickel Project Update - Brazil - Dec 21, 2010

Overview:

+ Phase 1 drilling programme currently underway comprising an estimated 7,350m

+ 30 diamond drill holes complete to date

+ Drilling complete over the Pequizeiro West target

+ Three drill rigs on site - fourth due to be operational in January 2011

+ Plan to accelerate rate of drilling - intention to contract an additional drill company with further drill rigs on site by Q1 2011

+ Initial NI 43-101 compliant resource estimate expected Q1 2011

+ Regional exploration programme underway to define additional drill targets that display the potential to increase the overall project resource inventory ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Macusani Yellowcake - Announces Additional High Grade Intersections @Kihitian Uranium Property, Peru - Dec 21, 2010
www.marketwire.com/press-release/Macusani-Yellowcake-Announc…

[Popeye82]

Geovic Mining - Update on Status of Nkamouna Feasibility Study - Dec 21, 2010

Through December 2010, the following observations and conclusions have been made:

+ The process of updating the Feasibility Study has revealed significantly higher Project capital costs. Geovic's third quarter 2010 10-Q disclosed that initial capital costs plus working capital would be at least $100 million higher than the $417 million combined estimate from the previous Feasibility Study, dated September 2008. The Company now anticipates total initial capital costs plus working capital to be closer to $600-$650 million (including estimated contingencies), not including construction of a process refinery which, if needed, is estimated to cost at least an additional $150 million.

+ Discussions with potential offtake partners, nearly all located in the Far East, have yielded a high level of interest in purchasing intermediate cobalt/nickel mixed sulfide precipitate, or MSP, a product that would not require construction of a refinery. Consequently, deferral of the refinery (for converting MSP to finished cobalt and nickel products) is being considered by the Geovic Cameroon shareholders and Board of Directors, a decision that will be made in the coming months.

+ The Company is evaluating several opportunities to improve Project economics, and will actively pursue all such avenues immediately, with the Feasibility Study projected to be finalized by the end of April 2011. The Feasibility Study will address all aspects of Project economics, and is intended to establish Project viability. ...
www.marketwire.com/press-release/Geovic-Mining-Corp-Update-o…

[Popeye82]

Anglesey Mining Plc - LIMs Mine Construction Nearing Completion - Dec 21, 2010
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Blackham Resources - completes drill programme @Scaddan - Dec 22, 2010
www.stocknessmonster.com/news-item?S=BLK&E=ASX&N=521916

[Popeye82]

Shell To Be Grilled by Dutch Legislators; For the first time ever in the Netherlands, the Dutch parliament in The Hague will examine Royal/Dutch Shell’s operations in the Niger Delta @a hearing on January 26. The Hague is also the historical headquarters of the Anglo-Dutch major. While the hearing will named Corporate Social Responsibilities in West Africa, only executives from Shell will be questioned by legislators. The hearing has been imposed by five minority parties in the Parliament despite the opposition of most of Holland’s political class, which supports the company - AI - Dec 22, 2010
www.africaintelligence.com/AEM/spotlight/2010/12/22/shell-to…

[Popeye82]

MagIndustries - Announces Proposed Investment &the Issue of Warrants - Dec 21, 2010
www.marketwire.com/press-release/MagIndustries-Announces-Pro…

[Popeye82]

Chalice Gold Mines - Regional Exploration Program Ramps up @Zara - Dec 20, 2010

HL:

+ Further results from Zara North confirm strong stream sediment anomalism over 10km strike length

+ Follow-up and infill sampling over this target well advanced with new areas of artisanal workings identified

+ Soil sampling @Fah prospect defines extensive gold anomaly

+ Large heliborne magnetic &radiometric survey underway ...
www.stocknessmonster.com/news-item?S=CHN&E=ASX&N=521257

[Popeye82]

Timberline Resources - Reports Butte Highlands Update - Dec 21, 2010
www.timberline-resources.com/main.php?page=13&press=135

[Popeye82]

Luiri Gold - Notice of Potential Takeover Bid - Dec 21, 2010
www.marketwire.com/press-release/Luiri-Gold-Notice-of-Potent…

[Popeye82]

Cardero Resource - Provides Update on Coalhunter Mining Investment; Increases Investment in Coalhunter; Verification Drilling Completed @Carbon Creek Metallurgical Coal Deposit, Northeast BC - Dec 22, 2010
www.cardero.com/s/NewsReleases.asp?ReportID=434578&_Type=New…

[Popeye82]

Transit Holdings - Acquisition of Coal Project in Colombia - Dec 22, 2010

HL:

+ Heads of Agreement to acquire coal exploration project in Colombia
�
+ 320,000 hectares covering 45 “first in line” rights which will convert to concessions in 2011

+ Previous exploration shows potential for both open cut &underground mineable coal

+ Proximity to the coast offers road, rail and barging options for export

+ Placement of $2 million @20c per share on completion of acquisition ...
www.stocknessmonster.com/news-item?S=TRH&E=ASX&N=522011

[Popeye82]

RCR Report on Apollo Minerals; Results of Stage 2 drilling @the Mt Oscar Project (magnetite, Pilbara WA) are expected in 1Q11. AON is testing a target of ~500mt iron ore; an initial resource is possible 1H11. The Wirrida Complex (SA, 8km strike) will be an exploration focus in 2011 - Dec 8, 2010
www.apollominerals.com/images/apollomi---bacohcaeci.pdf

[Popeye82]

White Energy Company - exercises option to acquire Cascade Coal Pty Limited - Dec 23, 2010

HL:

+ Following due dilligence by the Independent Board Committee ("IBC")of White Energy Company Limited ("White Energy"), White Energy exercises the option to acquire Cascade Coal Pty Limited ("Cascade") for $486 million plus assumed liabilities of $14 million. The IBC considers the proposed acquisition of Cascade to be a compelling opportunity for White Energy.

+ The number of White Energy ordinary shares to be issued to Cascade shareholders as part of the scrip consideration will be the lower of $3.85 or the 15 trading day VWAP to the day prior to completion, but now subject to a 'floor' price of $3.50 per Share.

+ The Mt Penny coal project is expected to produce upto 3.8 million tonnes of saleable export quality thermal coal per annum initially, increasing to 6.5 million tonnes per annum, based on Cascade´s conceptual development plans.

+ 102.6 million tonnes of the overall 173.7 million tonnes of JORC Resources at Mt Penny has now been classified as 'Probable Reserves' calculated in accordance with the JORC Code.

+ The acquisition is conditional upon definitive transaction agreements and finalisation of confirmatory due dilligence, which is expected to be completed by the end of January 2011, paving way for a meeting of White Energy shareholders in March 2011 to vote on the transaction. ...
www.stocknessmonster.com/news-item?S=WEC&E=ASX&N=522165

[Popeye82]

Aragon Resources - Positive Mine Study Results - Dec 23, 2010

+ Initial Mining Reserve Estimate of 614,000 ounces of gold @5.1 g/t.

+ Results provide a solid foundation for a 100,000 ounces per annum project ...
www.stocknessmonster.com/news-item?S=AAG&E=ASX&N=522237

[Popeye82]

up to ~9.3 Mio$ an die Angestellten -ich will auch so einen Job :

Alderon Announces Grant of Stock Incentive Options - Dec 22, 2010
www.marketwire.com/press-release/Alderon-Announces-Grant-of-…

[Popeye82]

Amazon Mining Holding Plc - Study Shows Minimal Leaching for ThermoPotash compared to a Loss of 26% of KCl - Dec 16, 2010
www.marketwire.com/press-release/Study-Shows-Minimal-Leachin…




Secretary of Finance Assents Special Tax Treatment for Cerrado Verde Potash Project - Dec 22, 2010
www.marketwire.com/press-release/Secretary-of-Finance-Assent…

[Popeye82]

Coal exploration and development company Carabella Resources Limited (ASX: CLR) has announced its initial public offering (IPO), which runs from November 24 to December 3.; The Carabella IPO, which opened on 24 November, is giving investors the opportunity to buy 30,000,000 shares at an issue price of 40c each - AI, CoverStory - Nov10
www.australianinvestor.com.au/magazine.asp?id=3513
www.stocknessmonster.com/news-item?S=CLR&E=ASX&N=616095

"Carabella Resources will list on the ASX on Friday December 17, 2010.

The public float is aiming to raise $12,000,000 to fund the next two years of the company’s exploration program, which centres on its flagship coking coal tenement, Mabbin Creek, in north Queensland.

Sydney-based Carabella currently holds interests in a portfolio of seven coal exploration tenements, covering a total exploration area of approximately 3,606 square kilometres in Queensland’s Bowen, Mulgildie, Clarence-Moreton and Eromanga Basins. One of these tenements is still subject to a transfer into the company's name.

The Mabbin Creek site is located within close proximity to existing coal resources and world class coking coal operations in the Northern Bowen Basin. According to the company’s prospectus, exploration activities to date at Mabbin Creek have identified the company’s maiden JORC resource of 91.7 million tonnes of coking coal at the Grosvenor West prospect on the eastern border of the tenement. This is comprised of 21.8 million tonnes of JORC Indicated resources and 69.9 million tonnes of JORC Inferred resources.

Carabella Managing Director, Mitch Jakeman, believes the IPO presents the chance to get in at the ground floor. “Coking coal is an attractive investment option at the moment, and believes it will remain so well into the future..”

In addition, Carabella’s preliminary exploration activities at Mabbin Creek have identified further exploration targets with an expected total prospective coal resource of 450 to 520 million tonnes according to the company. Carabella has planned an initial work program for these areas which will commence following completion of the IPO. “We see the potential for three to four mining projects in the one tenement, and these will deliver synergies from use of the common infrastructure we will develop at the site,” said Mr Jakeman.

In the future, Carabella’s objective is to establish a substantial resource base and to develop downstream coal mining operations at Mabbin Creek. The company has taken the first steps towards securing water rights at the site, and is also commencing discussions regarding port, rail and power infrastructure access. The proceeds from the share float will be used to conduct further drilling programs and seismic testing surveys at Mabbin Creek, before eventual production. “Taking a fairly conservative stance, we are looking at late2013 to early 2014 for production to commence at Mabbin Creek,” said Mr Jakeman.

Australia is currently the largest exporter of coking coal and the second largest exporter of thermal sea borne coal globally, with the majority of exports to Asian markets. This comes at a time when global demand for coal is forecast to increase over the medium term, with industry participants expecting the majority of this increase to be driven by Asian countries. The biggest markets are expected to be China and India, where demand is largely underpinned by the continued rapid growth and industrialisation of these domestic economies. It is for this reason that Mr Jakeman believes Carabella is positioned to potentially benefit from the growth prospects of the global export coking and thermal coal markets.

Carabella Resources will list on the ASX on Friday December 17, 2010. "

[Popeye82]

Aldridge Minerals - Announces Positive Preliminary Economic Assessment Estimate for Yenipazar Project - NPV of $209 million @7% Discount Rate - Dec 20, 2010
http://finance.yahoo.com/news/Aldridge-Minerals-Announces-cn…" target="_blank" rel="nofollow ugc noopener">http://finance.yahoo.com/news/Aldridge-Minerals-Announces-cn…

[Popeye82]

Peel Exploration - Apollo Hill Maiden Resource Estimate of 341,000 oz - Dec 13, 2010
www.stocknessmonster.com/news-item?S=PEX&E=ASX&N=520146

[Popeye82]

RIM Capital - Proposed Acquisition &Equity Placement - Dec 24, 2010
www.stocknessmonster.com/news-item?S=RMC&E=ASX&N=619285
www.stocknessmonster.com/news-item?S=RMC&E=ASX&N=619286

[Popeye82]

Alexco Resource - Announces Closing of CAD$41,000,000 Bought Deal Financing - Dec 23, 2010
www.marketwire.com/press-release/Alexco-Announces-Closing-of…

[Popeye82]

Perseus Mining - Resource-Reserve Upgrade, Ghana Gold Projects - Dec 23, 2010

HL:

+ 1.4Moz (42%) increase in Measured &Indicated (“M&I”) mineral resources in Ghana.

+ Total M&I mineral resources @CAGP now 118Mt containing 4.3Moz of gold (38% increase)
including reserves of 87Mt containing 3.3Moz of gold (1.2Moz or 54% increase)

+ Total M&I mineral resources for all projects now totals 159Mt containing 5.7Moz of gold

+ Total reserves for all projects now totals 97Mt containing 3.9Moz of gold

+ Total Inferred mineral resources for all projects now 73Mt containing 2.2Moz of gold

+ Only one new deposit at CAGP bought into reserve, additional Resource &Reserve upgrades scheduled for 2011 will incorporate results from current drilling programs on multiple deposits. ...
www.stocknessmonster.com/news-item?S=PRU&E=ASX&N=522239

[Popeye82]

Uralkali to Acquire Silvinit for $7.8bn; Russian potash producer Uralkali is acquiring Silvinit for $7.8bn in cash and shares to benefit from the rising demand of the commodity - MT - Dec 23, 2010
www.mining-technology.com/news/news105735.html?WT.mc_id=DN_N…

"Russian potash producer Uralkali is acquiring Silvinit for $7.8bn in cash and shares to benefit from the rising demand of the commodity.

Under the transaction, Uralkali will acquire 1.56 million ordinary shares of Silvinit for $894.5 a share, representing a total cash consideration of $ 1.4bn.

Uralkali will also implement a statutory merger with Silvinit to buy the rest for new shares of Silvinit worth $6.4bn by issuing its ordinary shares.

According to the company, Silvinit will cease to exist following the proposed merger and Uralkali will be the surviving entity.

The market cap of the combined entity was $23.9bn, based on the closing prices of the ordinary shares of the firms on 17 December 2010. "




Russischer Oligarch schafft neuen Kali-Giganten - Reuters, MOSKAU - Dec 20, 2010
http://de.reuters.com/article/topNews/idDEBEE6BJ0IB20101220

[Popeye82]

Wesizwe Secures $877m from JNMC &CADF; South Africa's Wesizwe Platinum has secured $877m in project financing from Chinese non-ferrous mining firm Jinchuan Mining Group (JNMC), &the China-Africa Development Fund (CADF) - MT - Dec 23, 2010
www.mining-technology.com/news/news105737.html?WT.mc_id=DN_N…

"South Africa's Wesizwe Platinum has secured $877m in project financing from Chinese non-ferrous mining firm Jinchuan Mining Group (JNMC), and the China-Africa Development Fund (CADF).

The deal will be China's biggest investment in the South African mining sector , according to domain-b.com.

Under the financing, JNMC and CADF will invest $227m in the equity of Wesizwe Platinum by staking 45% in the company or by subscribing to 732 million shares.

The consortium will secure a further $650m for the completion of the company's Frischgewaagd-Ledig project, which has the potential to produce around 350,000oz of platinum group metals a year. "

[Popeye82]

Ireland nationalises Allied Irish Banks, injects €3.7 bn - DB - Dec 24, 2010
http://domain-b.com/economy/worldeconomy/20101224_nationalis…

[Popeye82]

Rio Tinto launches $3.9 billion bid for Riversdale Mining - DB - Dec 24, 2010
http://domain-b.com/companies/companies_r/rio_tinto/20101224…
www.stocknessmonster.com/news-item?S=RIV&E=ASX&N=522202
http://domain-b.com/companies/companies_t/Tata_Steel/2010122…

[Popeye82]

MorphoSys erreicht siebten klinischen Meilenstein in 2010; Unternehmen übertrifft seine ursprüngliche Prognose von 6 klinischen Meilensteinen im Jahr 2010 mit einem weiteren Antrag für klinische Studie - Dec 22, 2010
www.morphosys.de/pressrelease/morphosys-erreicht-siebten-kli…

[Popeye82]

Stellar Resources - Tin Metallurgy Enhances Heemskirk Project - Dec 23, 2010

HL:

+ Good liberation characteristics down to finer fractions and cassiterite tin mineralogy underpin the 70% recovery target.

+ Mineral characterization shows that it is possible to produce a saleable concentrate grading 50% tin at recovery of 70%.

+ Pre‐concentration can enhance the process by rejecting 15% of the non‐economic minerals early in the process with negligible loss of tin.


Next Steps

+ Completion of a JORC resource estimate – end of January 2011

+ Resumption of drilling – March quarter 2011

+ Scoping study – June quarter 2011 ...
www.stocknessmonster.com/news-item?S=SRZ&E=ASX&N=348165

[Popeye82]

Galaxy Resources - Jiangsu Lithium Carbonate Project Update - Dec 17, 2010

HL:

+ Jiangsu lithium carbonate project on schedule

+ Lithium carbonate plant commissioning &start-up in Quarter 2, 2011

+ First shipment of spodumene from Mt Cattlin expected @early Quarter 1, 2011 ...
www.stocknessmonster.com/news-item?S=GXY&E=ASX&N=521136

[Popeye82]

Iron Mountain Mining - 19Mt Inferred Bauxite Resource identified - Wandoo Project - Dec 16, 2010

HL:

+ Inferred Resource of 19Mt @41.7% Total Al2O3, 29.8% Available Al2O3 &5.7% Reactive SiO2 estimated from drilling @E70/2693 west of New Norcia within the Wandoo Bauxite Project

+ This is in addition to previously announced Inferred Resources of 17.5Mt @38.2% Total Al2O3, 31.6% Available Al2O3 &6.6% Soluble SiO2 (16 March 2010) &44.2Mt @42.9% Total Al2O3, 30.4% Available Al2O3 &3.1% Soluble SiO2 (16 November 2010)

+ Current Global Inferred Resources of bauxite @Wandoo are now in excess of 80Mt

+ Resource estimation on data from historical Areas 4, 5 & 9 to commence in 2011

+ Metallurgical test work on a 300kg bulk sample of bauxite from Maiden drilling program west of New Norcia has commenced under the guidance of Independent Metallurgical Operations Pty Ltd (IMO) ...
www.stocknessmonster.com/news-item?S=IRM&E=ASX&N=520831

[Popeye82]

Vice Premier Wang: China expects progress on EU trade issues - CER - Dec 22, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_22/Vice_Pr…

"China expects the European Union to make "substantive" progress on a number of trade issues, including an easing of restrictions on hi-tech exports to Europe, state media reported, citing Vice Premier Wang Qishan.

Speaking at the Third China-EU High-level Economic and Trade Dialogue in Beijing, Wang said China hopes the EU can make further commitments on several issues including the lifting of a ban on hi-tech goods, recognizing China's market economy status, protecting the rights and interests of Chinese investment in Europe and "appropriately addressing Chinese investors' application for EU visas." Wang also said both parties need to resist trade protectionism. China is the EU's largest trading partner. "

[Popeye82]

State Grid buys 7 Brazilian power firms for $1b - CER/WSJ - Dec 22, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_22/State_G…

"China's State Grid Corp has finalized an agreement to buy seven Brazilian power companies for an aggregate amount of nearly US$1 billion as the mainland ramps up investment in South America, the Wall Street Journal reported.

State Grid, China's largest power grid operator, also won a 30-year deal allowing it to operate energy infrastructure projects including power lines connecting major cities in the south of Brazil. The concession is expected to add US$110 million a year to the Chinese grid operator's revenue. To date, China's interest in South America's energy market has been focused on oil and gas, but power and power transmission now appear to be more attractive to State Grid, which already has a near monopoly in its home market. "

[Popeye82]

NDRC raises fuel gas, diesel prices - CER/DJNW - Dec 22, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_22/NDRC_ra…

"China has raised gas and diesel prices by around 4% effective Wednesday despite mounting inflationary pressures as global crude prices rise, Dow Jones newswire reported.

According to the National Development and Reform Commission, the price of gasoline will rise by RMB310 (US$47), or 3.8% over the average retail price of RMB8,220 (US$1,235) per ton, while diesel will increase by RMB300 (US$45) per ton, or 4% over the retail ceiling benchmark price of RMB7,480 (US$1,124) per ton. Jet kerosene will also increase by RMB300 (US$45) per ton to RMB5,990 (US$900). China's oil pricing system allows for prices to be adjusted when the 22-day moving average of a basket of international crude types changes by more than 4%. The NDRC said the latest fuel price hike will not be allowed to be passed on to consumers. "

[Popeye82]

Official: China steel sector suffers margin squeeze - CER - Dec 22, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_22/Officia…

"China's steel industry is currently suffering from low levels of growth and narrowing profit margins compared to other industries, and the outlook for 2011 is not much more promising, state media reported.

According to Luo Tiejun, a senior official at the Ministry of Industry and Information Technology, average industrial profit margins stood at the 6% mark, while the steel sector runs on margins of 3.5% as rising material costs and overcapacity weigh the market down. The malaise in China's steel industry should prove a catalyst in the government's streamlining of the sector, Luo said. According to estimates, domestic crude steel production next year will increase from the estimated 630 million ton output in 2010, while consumption should also rise, but not to any great extent. "

[Popeye82]

Solitario Exploration &Royalty - Reports Development &Exploration Progress @the Bongara Zinc Project, Peru - Dec 21, 2010
www.solitarioresources.com/news/122110.pdf

[Popeye82]

Shenhua Energy buys parent assets 4 $1.3b - CER - Dec 22, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_22/Shenhua…

"China Shenhua Energy (601088.SH, 1088.HK) will buy US$1.3 billion worth of assets from its parent China Shenhua Group to boost its coal reserves, state media reported.

The move will raise Shenhua Energy's recoverable coal reserves by 21% to 14 billion tons, and also add power generation and clean coal assets to the company's portfolio. Shenhua's share price jumped 6% on the announcement, but analysts had thought Shenhua would take a larger asset chunk from its parent. "Investors were expecting the company to buy more from the parent, but this will be taken as the start of more acquisitions," said Helen Lau at UOB-Kay Hian. "

[Popeye82]

DMC to Develop BHP's Mine in Canada; DMC Mining has signed a five-year contract worth $400m to develop two mine shafts @BHP Billiton's Jansen Potash project in Saskatchewan, Canada - MT - Dec 21, 2010
www.mining-technology.com/news/news105536.html?WT.mc_id=DN_N…

[Popeye82]

African Aura Mining - Preliminary Economic Assessment on New Liberty Gold Project - Dec 21, 2010

HL:

+ Study highlights potential for robust open pit gold mine with strong economics

+ First five year's production with minimum 100,000oz pa in initial 8.5 year mine life

+ Pre-tax NPV of $234m (£148m) based on $1,100/oz Au &10% discount rate

+ Initial capex of $92m, average cash cost of $484/oz &head grade of 3.6 g/t Au

+ IRR of 73% &capital payback in under two years

+ Definitive Feasibility Study underway &on track for 4Q 2011 completion ...
www.african-aura.com/s/NewsReleases.asp?ReportID=434440&_Typ…

[Popeye82]

China demands damages from Seoul over fishing boat clash - CER/WSJ - Dec 22, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_22/China_d…

"China has expressed "grave concern" and has demanded compensation from Seoul over last weekend's clash between Chinese fishermen and the South Korean coast guard, the Wall Street Journal reported.

It was China's first official statement following reports that a Chinese fishing boat rammed a Korean patrol ship after it was caught fishing illegally in Korean waters. The Chinese vessel capsized as a result, leaving one crew member dead and one missing. The Chinese foreign ministry called on Korea to rescue the missing fisherman, punish the instigators of the clash and offer compensation for the loss of life and property. According to South Korea's coast guard, over 300 Chinese fishing vessels are caught illegally entering Korean waters every year. Fears have been growing that China is deliberately sending fishing vessels into disputed ocean territories. "

[Popeye82]

BASF starts work on Shanghai research park - CER - Dec 22, 2010
www.chinaeconomicreview.com/dailybriefing/2010_12_22/BASF_st…

"BASF (BAS.FWB) broke ground on its US$72.3 million innovation park in Shanghai's Pudong New Area as the German chemical giant expands across China and the Asia-Pacific region, state media reported.

The new facility will open in the first half of 2012 and will house 450 researchers focusing on several industry segments including construction, autos, footwear and cosmetics. The company also began work on its new regional head office in Pudong which will house over 2,000 employees, making it the biggest facility outside BASF's headquarters in Ludwigshafen, Germany. The company recently signed a memorandum of understanding with Sinopec (SNP.NYSE, 600028.SH, 0386.HK) to explore the expansion of their petrochemical joint-venture, BASF-YPC Co. "

[Popeye82]

Jupiter Mines - Mt Ida Magnetite Project Phase 1 Drilling Program Complete - Dec 14, 2010

KP:

+ The RC drilling program on the Mt Ida Central Area has been completed, with a total of 11 898 metres drilled from 46 holes, all of which intersected magnetite mineralisation

+ Assaying &Davis Tube Recovery (DTR) test work on the first 29 holes gave average weight recoveries of 43% &concentrate grades up to 71% Fe.

+ Contaminant levels in the magnetite concentrate are very low

+ A conceptual mineralisation model of the Central Area has been generated, showing six magnetite lodes

+ Mineralisation is open to the north &south of the tested Central Area

+ A maiden Inferred Resource Statement is expected in the second half of January

+ A Scoping Study is in progress &expected to be complete in the second half of January

+ The program planned for 2011 should increase the Inferred resource through drilling in the Southern and Northern Areas, while advancing the Central Area to Measured &Indicated status

+ The results so far suggest a substantial magnetite project @Mt Ida. ...
www.stocknessmonster.com/news-item?S=JMS&E=ASX&N=227398

[Popeye82]

Rio Verde Minerals - Announces Closing of Acquisition of Potash &Phosphate Assets in Brazil &CAD$5.8 Million Private Placement Equity Financing - Dec 13, 2010
www.marketwire.com/press-release/Rio-Verde-Minerals-Announce…

[Popeye82]

Blackline GPS - Responds to Real Estate Agents, Property Management &Inspection Services Demands for Safety - Dec 21, 2010
www.marketwire.com/press-release/Blackline-Responds-Real-Est…

[Popeye82]

Rio Alto Mining - Announces $50,020,000 Private Placement Financing - Dec 23, 2010
www.marketwire.com/press-release/Rio-Alto-Announces-50020000…

[Popeye82]

Strata Oil &Gas - Announces Contingent Resource - Dec 23, 2010


www.strataoil.com/news.php?id=28
www.sec.gov/Archives/edgar/data/1227282/000093980210000388/f…

[Popeye82]

Pluton Resources - Irvine Island Resource update - Dec 22, 2010


HL:

Yampi Member

+ Existing Inferred Mineral Resource of 103Mt @ 45% Fe at a cut‐off grade of 30% Fe (ASX
announcement, September 14th, 2010) has been upgraded to 107 Mt @ 44% Fe using a cut‐off
grade of 30% Fe.

+ The Inferred Mineral Resource for the Yampi Member includes a higher grade component of 60 Mt @ 51 % Fe using a cut‐off grade of 50% Fe.


Wonganin Sandstone

+ The existing Inferred Mineral Resource of 349Mt @ 21% Fe (ASX announcement, September
14th, 2010) has been upgraded to 376 Mt @ 21% Fe.

+ Based on results from beneficiation testing by the CSIRO, the new Inferred Mineral Resource estimate could produce up to 155 Mt of concentrate at > 66% Fe.

+ The current Inferred Mineral Resource does not include outcropping iron mineralisation from the Isthmus Region of Irvine Island. It is anticipated that a maiden mineral resource estimate for the Isthmus Region will be compiled during first quarter 2011. ...
www.stocknessmonster.com/news-item?S=PLV&E=ASX&N=347920


Pluton secures Native Title for Irvine Island project - Dec 23, 2010
www.stocknessmonster.com/news-item?S=PLV&E=ASX&N=347998

[Popeye82]

Sundance Resources - Appoint Citic Securities as Financial Advisor in China; China’s Largest Investment Bank Given Mandate to negotiate with Equity &Debt Providers for the World-Class Mbalam Development - Nov 5, 2010
www.stocknessmonster.com/news-item?S=SDL&E=ASX&N=514086

[Popeye82]

Korab Resources - Phosphate offtake, gold IPOs, UAU IPO, Cu drilling - Updates - Dec 24, 2010
www.stocknessmonster.com/news-item?S=KOR&E=ASX&N=522534

[Popeye82]

Emergent Resources - Beyondie - Completion of Diamond Drilling - Dec 24, 2010

HL:

+ Seven diamond drill core holes totalling 883 m, aimed at advancing the company’s metallurgical and development program, have been completed.

+ Metallurgical samples will be analysed to establish the optimum processing pathways and iron products available from the near surface detrital hematite and the weathered transitional materials that overlie the JORC inferred magnetite ore body.

+ Successful metallurgical testing of the gravels and transitional ore has the potential to add significant additional mineable resources to the existing resource. ...
www.stocknessmonster.com/news-item?S=EMG&E=ASX&N=522532

[Popeye82]

Hathor Exploration - Upgrades Mineral Resource Estimate for Roughrider Uranium Deposit to 28 M lbs U3O8, including High Grade Zone of 24 M lbs @11.7 % U3O8 - Nov 30, 2010
www.hathor.ca/i/pdf/2010Nov30-PR.pdf

[Popeye82]

Silber-Boom zu Ende Nur bis zum 08.12.2011 ist Silber sicher. Danach CRASH!; Andere müssen ein HEIDENGELD für die geheimen Börsentipps von Dr. Bernd Heim ausgeben. Aber Sie bekommen diese vollkommen gratis. Dieser kostenlose Rohstoff-Insider-Newsletter zeigt Ihnen sofort die heißesten Rohstoffe, die jetzt explodieren.
www.rohstoff-giganten.de

[Popeye82]

East Asia Minerals - Deepens EMD024 &Reports 6.59 g/t Gold Over 60 Metres, Within 2.55 g/t Gold Over 201 Metres; Scout Drilling @Sipopok Hits Miwah-Type Horizon - Dec 16, 2010
www.marketwire.com/press-release/East-Asia-Deepens-EMD024-Re…

[Popeye82]

AgriMarine Holdings - Begins Rearing Salmon in China - Dec 16, 2010
www.marketwire.com/press-release/AgriMarine-Begins-Rearing-S…

[Popeye82]

Kivalliq Energy - 2010 Prospecting Program @Angilak Identifies 9 High Priority Target Areas; Assay Highlights Include Multiple Grab Samples In Excess of 25% U3O8 - Dec 16, 2010
www.marketwire.com/press-release/Kivalliq-Energy-Corporation…
http://kivalliqenergy.com/projects/index.php?&content_id=79#…

[Popeye82]

Largo Resources - Provides Update on Status on Joint Venture Agreement With Vinci Partners; Signing of definitive agreement scheduled for January, 2011 - Dec 16, 2010
www.marketwire.com/press-release/Largo-Provides-Update-on-St…

[Popeye82]

EnWave Corporation - Announces Positive Animal Vaccine Dehydration Results &New Testing Agreement with Saskatchewan Research Council - Dec 16, 2010
www.marketwire.com/press-release/EnWave-Announces-Positive-A…

"VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 16, 2010) - EnWave Corporation (TSX VENTURE:ENW)(FRANKFURT:E4U) ("EnWave" or "the Company") today announced that the Saskatchewan Research Council ("SRC") has demonstrated positive results in a set of viability and shelf-life tests designed to measure the potential benefits of EnWave's freezeREV™ Radiant Energy Vacuum ("REV") dehydration technology over the standard industry method for preserving pharmaceuticals in-vial, freeze drying. Conducted at the SRC Fermentation Pilot Plant in Saskatoon, Saskatchewan, on a live Escherichia coli ("E.coli") animal vaccine, the tests showed that the freezeREV™ single-vial prototype is capable of drying this vaccine in 50 minutes compared to 40 hours of freeze drying, with the same bacterial survival rates.

Following the successful dehydration test, samples were then placed into a six month shelf-life study at three different temperatures 4°C, 22°C and 37°C (39.2°F, 71.6°F and 98.6°F) to measure organism survival over time. Results from the study have shown that the freezeREV™ process is comparable to freeze drying, although survival rates were lower with the freezeREV™ samples stored at the highest temperature. Scientists from both SRC and EnWave believe that this result can be improved by making adjustments to the design of the technology, and the two companies have now signed a Testing Agreement ("the Agreement") to collaborate on the further development and testing of EnWave's recently announced multi-vial freezeREV™ prototype.

"SRC is very pleased with these results as they show promise for the pharmaceutical industry that so clearly needs to improve the speed and effectiveness of its current method of preserving vaccines for shipment and storage," said Dale Kelly, Vice-President of SRC's Agriculture, Biotechnology and Food Division. "EnWave's freezeREV™ is an excellent example of Canadian ingenuity and innovation at work, and our organization is keen to move to the next step with EnWave in developing this exciting technology." ..."

[Popeye82]

HSBC research reveals China's coal rush - EB/VS - Dec 16, 2010
www.eco-business.com/news/2010/dec/16/hsbc-research-reveals-…

[Popeye82]

China to spend $30 billion on water conservation in 2011, up 10% than ´10 - EB/CD, BEIJING - Dec 24, 2010
www.eco-business.com/news/2010/dec/24/china-spend-30-billion…

[Popeye82]

Brockman Resources - in Negotiations with FMG for Rail &Port Access - Dec 16, 2010
www.stocknessmonster.com/news-item?S=BRM&E=ASX&N=520865

[Popeye82]

CIC Mining Signs MOU with CRM on Rail &Port Services - MT - Dec 22, 2010
www.mining-technology.com/news/news105645.html?WT.mc_id=DN_N…

[Popeye82]

Beowulf Mining Plc - Kallak Update - Estimated 600m tonnes of ore; Initial drilling results for the Kallak South deposit confirm presence of an estimated 400 million tonnes of iron ore; Preliminary results for the ongoing independent assessment of a JORC compliant resource estimate for the Kallak North deposit indicate presence of approximately 175 million tonnes of iron ore - Dec 23, 2010

HL:

+ The first ten drillholes of the Company's diamond drilling programme at its Kallak South iron ore deposit have been completed and initial results confirm the presence of high grade iron ore of a similar type and quality to that encountered on the Kallak North deposit.

+ The completed drillholes have only tested approximately 600 metres of the extension of the most northerly part of the Kallak South deposit, which from detailed ground magnetic data is indicated to extend well over 2,400 metres in length with a maximum width of 400 metres in its central zone.

+ Based on the initial drilling results and the measured size of the magnetic anomaly the Kallak South deposit is estimated to contain more than 400 million tonnes of iron ore.

+ An international consultancy group has started work to complete an independent JORC
compliant resource estimate for the Kallak North deposit based on the Company's 2010 drilling results and historic data. Their report is scheduled to be completed in late Q1 2011. Preliminary results indicate the presence of more than 175m tonnes of iron ore.

+ Significant additional tonnages of iron ore at Kallak North are anticipated from planned future drilling on this deposit as its total extension is not currently defined.

+ Together the two deposits at Kallak are estimated to contain more than 600 million tonnes of high quality quartz banded magnetite iron ore. Since both deposits are of similar type and located close together on a direct extension within the same geological structures, they may be connected at greater depths to form one deposit with a total extension of more than four kilometres.

+ Drilling programme temporarily halted over the Christmas period with operations to resume in the first week of 2011. Severe winter conditions have been encountered with temperatures reaching -35 degrees over extended periods serving to slow down progress. ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Baja Mining - Closes Copper Hedging For Boleo Project - Dec 20, 2010
www.marketwire.com/press-release/Baja-Closes-Copper-Hedging-…

[Popeye82]

Premium Exploration - Drills New Gold Discovery Identifying a Second Potential 30-Km Drill Target along the Orogrande Shear Zone - Dec 20, 2010

KP:

+ 1.4 g/t gold over 38.4 meters including 9.4 g/t gold over 4.6 meters was discovered 300 meters west of the 549,000 oz inferred gold resource*

+ Drilling encountered the "Monday Fault", the west-bounding fault of the OSZ parallel to the east-bounding "Friday Fault"

+ The structurally controlled mineralization demonstrated by the parallel Monday and Friday faults correlate with the recent airborne geophysical anomaly that clearly defines the OSZ over 30 km of strike

+ The new gold mineralization encountered at the Friday-Petsite property and the mineralization of the historic Buffalo Gulch 100,000 oz indicated gold resource** are 16 km apart and both associated with the Monday Fault

+ Both the potentially 30 km long Friday and Monday faults have become the targets for the upcoming Phase-Four Drill Program; a plan of operations has been submitted for +120 drill sites along the entire length of the OSZ ...
www.marketwire.com/press-release/Premium-Exploration-Drills-…
www.premiumexploration.com/wp-content/uploads/OSZ-Phase-4-Dr…

[Popeye82]

Products from SALM farms are of higher quality, says Chua - EB, KUALA LUMPUR - Dec 18, 2010
www.eco-business.com/news/2010/dec/18/products-salm-farms-ar…

"Kuala Lumpur, December 18 - Agriculture products from farms which adhered to good agriculture practices enjoy good demand in the export market, said Deputy Agriculture and Agro-based Industries Minister Chua Tee Yong.


These farms, he said, were certified by the Agriculture Department under its SALM (Skim Amalan Ladang Baik) or good agriculture practices scheme, he added.

However, he said, there were only 282 such farms with a total size of about 5,000ha compared with 200,000ha of conventional farms.

Their production capacity is also quite limited, he said.

Chua said there was a keen demand for SALM certified vegetables and fruits from Singapore, especially from its restaurants and eateries.

Such products were certified safe and of higher quality because their levels of pesticide residue, heavy metals and microbial contamination were below the permissible level, he added.

“Apart from being issued a SALM certificate to vouch for their products, the farmers are also allowed to use the label on their packaging,” he said, adding that the farms would be inspected by the department every two years before their certificate could be renewed.

Chua said the department had received 1,726 applications to convert conventional farms to SALM certified farms since 2002.

Chua said there were basically three types of farms in the country – conventional farms, SALM farms, and organic farms which were certified under the department’s SOM scheme (Skim Organik Malaysia).

He said farmers were encouraged to convert their conventional farms to SALM farms and then to organic farms. The ministry, he said, was ready to assist them in making the transition free of charge.

This progression was in line with the rising trend in consumer demand and the government’s efforts to develop agriculture in the country, he said.

Between 20% and 25% of consumers in the United States and European Union consumed organic products, and the figure was less than 3% in Malaysia.

Effective Jan 1, all organic products must be from SOM certified farms and carried the SOM logo before they could be labelled as organic products.

Farmers can be fined up to RM5,000 or jailed up to two years or both for non-compliance under Regulation 18(7) Food Regulations 85.

Nevertheless, Agriculture Department’s crop quality control division director Norma Othman said the regulation did not cover products from SALM certified farms. "

[Popeye82]

GM rice: German giants Bayer, BASF team up; German chemicals giants Bayer &BASF said Thursday they were teaming up to produce genetically modified rice seeds, technology than can boost yields but which is criticised by environmentalists - EB, BERLIN - Dec 16, 2010
www.eco-business.com/news/2010/dec/16/gm-rice-german-giants-…

"Berlin, December 16 - German chemicals giants Bayer and BASF said Thursday they were teaming up to produce genetically modified rice seeds, technology than can boost yields but which is criticised by environmentalists.


The firms said they aim to develop and sell hybrid rice seeds with traits enabling yield advances of 10 percent or more over conventional hybrid seeds. The first products are expected to be launched by 2020.

Rice is the world’s largest food crop, with half of the world’s 6.8-billion population consuming at least one meal of it every day.

According the International Rice Research Institute (IRRI), an additional 8-10 million tonnes of rice needs to be produced each year to feed people and keep prices for the cereal at an affordable level, BASF and Bayer said.

Today, global rice production is about 685 million tonnes.

For many, GM crops, by which scientists create new strains of plants that do not occur naturally by manipulating genes, are the answer to feeding the world’s rapidly growing population.

But opponents say that these genetically modified organisms (GMOs) can spread and interbreed with other plants, the consequences of which are unknown.

They also say that their use will increase the control of private companies over agriculture, with 10 corporations already controlling nearly 70 percent of the world seed market, according to pressure group Greenpeace. "

[Popeye82]

Newera Resources - to Acquire Significant Gold Assets - Dec 21, 2010

HL:

+ An inventory of six advanced gold exploration projects within the world renowned Tien Shan Mineral Belt in Kyrgyzstan.

+ To date Posit has entered into agreements to acquire three significant hard rock projects, one placer project &one large tailings retreatment project (two large
dumps).

+ On completion of the acquisition, Fortescue Metals Group Limited non-executive Director, Mr Graeme Rowley AM will become Executive Chairman of Newera &Mr Stephen Blackman will assume the role of CEO of Newera. Mr Rowley was until recently, Executive Director Operations of the Fortescue Metals Group, a post he has held since October 2003. Mr Rowley recently stepped down from his executive duties but remains a nonexecutive Director of the Fortescue Metals Group.

+ The combined financial resources of Newera &Posit @completion should be sufficient to carry the operating costs of Newera into the second quarter of 2011. ...
www.stocknessmonster.com/news-item?S=NRU&E=ASX&N=521570

[Popeye82]

Mantle, Exergen Sign Deal over Australian Coal Project; Mantle Mining has executed a pre-joint venture agreement with Exergen to develop the Bacchus Marsh coal project, located 50km west of Melbourne, Australia - MT - Dec 20, 2010
www.mining-technology.com/news/news105399.html?WT.mc_id=DN_N…
www.stocknessmonster.com/news-item?S=MNM&E=ASX&N=520391

"Mantle Mining has executed a pre-joint venture agreement with Exergen to develop the Bacchus Marsh coal project, located 50km west of Melbourne, Australia.

The firms have set out 50:50 funding arrangements for bulk sample drying, data basing and geological interpretation of pre-existing exploration drill holes, and generation of pre-feasibility report specific to the coal deposit, location and infrastructure.

Mantle said it has applied for exploration licence EL 5294 for the Bacchus Marsh brown coal deposit, believed to contain between one and two billion tons of brown coal. "

[Popeye82]

Antwort auf Beitrag Nr.: 40.766.529 von Popeye82 am 28.12.10 01:10:51

Bacchus Marsh Exploration Target Update - Dec 15, 2010

Historical Drilling Review HLs:

+ Drill log data for 156 historic drill holes have been digitized into a database. Seam thickness around each drill hole have been applied using a 2km search radius &gridded into 81 x 1km2 blocks (Figure 1). Average seam thicknesses have been calculated for each block &a total volume computed, &a 1.1 in-situ coal relative density has been applied.

+ The calculated results have shown a high confidence that the volume of brown coal, @about 1.8 billion tonnes, is @the upper end of the Exploration Target of 1 to 2 billion tonnes4.

+ Sections A-C &D-F were plotted (Figures 2 &3). Some holes terminated early whilst still in the coal seam &appear as anomalous wedges in the seam floor. ...
www.stocknessmonster.com/news-item?S=MNM&E=ASX&N=520552

[Popeye82]

Uranium Energy Gets TCEQ Permits for Texas Project; Uranium Energy has received regulatory permits for its Goliad in-situ recovery project in South Texas from the Texas Commission on Environmental Quality (TCEQ) - MT - Dec 20, 2010
www.mining-technology.com/news/news105397.html?WT.mc_id=DN_N…
http://uraniumenergy.com/news_media/news_releases/index.php?…

[Popeye82]

Platinum Group to begin $100m Platinum Mine Construction - MT - Dec 20, 2010
www.mining-technology.com/news/news105395.html?WT.mc_id=DN_N…
www.platinumgroupmetals.net/news_releases/index.php?&content…

"Platinum Group Metals will invest $100m for the construction of the Western Bushveld joint venture (WBJV) project 1 platinum mine.

The proposed budget has been approved by the Board of Maseve Investments 11, the WBJV operating company where Platinum Group holds the right to increase its interest to 74% and Wesizwe Platinum holds a 26% interest.

According to the company, DRA Mining has been awarded the engineering, procurement and construction management contract for surface infrastructure and underground development planned at the WBJV.

WBJV is a 275,000oz-per-annum mine that produces platinum, palladium, rhodium and gold with a 22-year mine plan.

Project 1 is located near Rustenburg, South Africa, and adjoins the Wesizwe platinum mine construction. "

[Popeye82]

Regierungsabkommen über russisch-mongolischen Uranabbau ratifiziert; Der Föderationsrat (Oberhaus des russischen Parlaments) hat am Freitag ein Regierungsabkommen über die Gründung eines russisch-mongolischen Gemeinschaftsunternehmens zum Uranabbau ratifiziert - SI, MOSKAU - Dec 26, 2010
www.silberinfo.com/home/nachrichten/news-zu-edelmetallen/det…

"Moskau (RIA Novosti) - Russland ist das erste Land, mit dem die Mongolei ein Abkommen über die Bildung eines Gemeinschaftsunternehmens zum Uranabbau schließt. Das Joint Venture verfügt über Uran-Vorräte von insgesamt 50 000 Tonnen, 22 000 Tonnen davon entfallen auf die Lagerstätte Dornod in der Mongolei.


Das Abkommen wurde am 25. August 2009 in Ulan-Bator vom Generaldirektor der russischen Staatskorporation Rosatom, Sergej Kirijenko, und dem Verwaltungschef für Atomenergie der Mongolei, Sodnomyn Enchbat, unterzeichnet.

Die Gründer des Unternehmens sind die russische Aktiengesellschaft Atomredmetsoloto (ARMS) und die mongolische Monatom GmbH mit je 50 Prozent Anteil.

Die Uranlagerstätte Dornod wurde in den 1970er Jahren von sowjetischen Geologen erkundet. Von 1988 bis 1995 wurde das Vorkommen aktiv abgebaut, wobei das Erz in der 200 Kilometer weit von der Lagerstätte entfernten Hüttenfabrik Priargungskoje (im russischen Gebiet Tschita) verarbeitet wurde. "

[Popeye82]

China Cuts First-Round Rare Earth Export Quotas by 11% - BB - Dec 28, 2010 www.bloomberg.com/news/2010-12-28/china-cuts-first-round-rar…

[Popeye82]

Avocet Mining Plc - Sale of South East Asian assets for US$200 million cash - Dec 24, 2010
www.avocet.co.uk/pdf_resources/20101224_AVM_Sale%20Asian%20A…

[Popeye82]

Antwort auf Beitrag Nr.: 40.733.822 von Popeye82 am 18.12.10 22:58:47

Replacement Prospectus - Dec 13, 2010

IHLs:

+ The Company offers a strategic investment opportunity into one of the world’s largest undeveloped coal basins in Mozambique.

+ The Company has entered into an option agreement to acquire 100% of the shares in Dugal Pty Ltd (Dugal). Dugal has the rights to earn an effective 70% interest in two granted exploration licences covering 384.8 km2 in the highly prospective Zambeze Coal Basin in Mozambique.

+ Based on the observed and mapped geology, exploration results from nearby licences and assuming that the mineralisation extends into the licences, there is an area of 43km2 within the Exploration Licences that could be underlain by Productive Series coal bearing strata that has the potential to host 1.8Mt per km2 per 1m thickness of coal measures. If the main lower 40-50m thickness of coal measures is present, this represents a Target Mineralisation of 3.10 and 3.87 billion tonnes* of material which, if delineated, could possibly feed a washing plant to produce a thermal coal product with a range of Calorific Value from 5,000 to 5,600kcal/kg. Please refer to the Independent Geologist’s Report in Section 8 for further details.

+ The Project is located in a geological region where significant JORC compliant resources of coal have been identified in adjacent and nearby licenses, including in the Benga project (Riversdale), Zambeze project (Riversdale), Moatize project (Vale), Ncondezi project (Ncondezi) and 871L coal project (ENRC).

+ One of the licences (EL 3245L) is located 12km aerially west of Tete and extends over 172km2. This licence lies immediately to the southwest of the Riversdale Mining Limited (RIV) tenement EPL946L where an Indicated and Inferred Coal Resource of 9.0Bt (with 2.4 Bt in the Indicated category) was recently reported to occur. Some 20km to the east is the Benga coal project where RIV has recently commenced mining. The reported resources at the Benga project are outlined in the table below. (...)

+ The Company has an experienced and focused team of Directors with excellent skill sets for driving value growth in the mining industry.

+ The Company is targeting a raising of up to $4 million (including oversubscriptions) to fund an aggressive exploration program on its prospective licenses. ...
www.stocknessmonster.com/news-item?S=RTL&E=ASX&N=520081

[Popeye82]

Oxford Catalysts Group Plc - Order for Commercial Scale FT Reactor - Dec 20, 2010

HL:

+ First order for commercial scale Fischer-Tropsch reactor and catalyst;

+ Precursor to larger commercial orders;

+ Group remains on track to secure additional order from SGCE upon completion of technical milestones.
www.oxfordcatalysts.com/press/news-archive/pr20101220.php

"Oxford Catalysts Group PLC, the leading technology innovator for clean synthetic fuels, is pleased to announce that its partner SGC Energia, SGPS, S.A. (“SGCE”) has placed an order for one of the Group’s commercial scale Fischer-Tropsch (“FT”) reactors and catalyst.


This represents the Group’s first order for a full scale commercial reactor and catalyst (with a nameplate capacity of 25 barrels per day), and an important opportunity to validate manufacturing and supply-chain readiness ahead of larger commercial orders.

The order follows encouraging progress made by the Group during 2010, including the demonstration of its FT technology at Güssing, Austria, where a commercial scale biomass gasifier has been operational since 2002, supplying the entire energy needs of the local town. The Group plans to host potential customers, investors and financial analysts at its demonstration site in Güssing during the early part of 2011.

Oxford Catalysts remains on track to secure a larger commercial order from SGCE upon completion of the agreed technical milestones.


Roy Lipski, Chief Executive of Oxford Catalysts said:

“We are pleased to have received our first order for a commercial scale reactor and catalyst from our partner SGCE. We enjoy a strong relationship with them and are appreciative of the continued confidence they are showing in our technology.

“This order provides a well timed opportunity to demonstrate our manufacturing readiness ahead of larger orders to come and full commercial roll out.”


Vianney Vales, CEO of SGCE said:

“SGCE is pleased with the progress made this year and we’re proceeding with our next steps to broadly commercialise the Group's FT technology.”


For further information, please contact:

Roy Lipski, CEO, Oxford Catalysts 01235 841 700
Dan Harris, KBC Peel Hunt (Nomad and Broker) 020 7418 8990
Billy Clegg / Alex Beagley, Financial Dynamics 020 7831 3113


Notes to Editors

Oxford Catalysts designs and develops technology for the production of clean synthetic fuels from both conventional fossil fuels and renewable sources such as biowaste. The Group is primarily focused on the emerging market for distributed smaller scale production of synthetic fuels via Fischer-Tropsch (“FT”) synthesis − a market that has the potential of producing as much as 25 million barrels of fuel a day.

The FT reaction is used when converting natural gas, coal or bio-mass into clean high-performance liquid synthetic fuels, processes known as GTL, CTL and BTL respectively. The Group is the recognised world leader in the design and development of high-activity catalysts and associated novel chemical reactors for the small scale production of synthetic fuels. (The Group’s reactor technology − known as microchannel process technology − is marketed under the brand name of Velocys).

Oxford Catalysts Group PLC is listed on London’s AIM market (LSE: OCG). The Group has some 80 employees with facilities near Abingdon, Oxfordshire, UK and Columbus, Ohio, USA.

www.oxfordcatalysts.com
www.velocys.com


About SGCE

SGC Energia, SGPS, S.A. (“SGCE”) is the Group’s preferred partner in the synthetic fuels market for applications involving solid feedstock such as biomass. The Group’s FT demonstration at Güssing is being operated in conjunction with SGCE, who is responsible for the overall project management and demonstration plant activities, as well as the full costs.

SGCE is a Portuguese incorporated holding company that acts as the investment arm of João Pereira Coutinho, a well known Portuguese entrepreneur, in the renewable energy sector. Mr Coutinho, through his holdings, is involved in the production of conventional biofuels and the development of next generation bio and synthetic fuel technologies, as well as the supply of complex integrated solutions for the production of alternative energy. Mr Coutinho’s activities in the sector include the operation of a 125,000 ton/yr biodiesel production facility, the establishing of over 30,000 ha of biomass energy crops in Africa, and, with partners, the development and demonstration of gasification, syngas cleanup, and syngas-to-liquids technologies. His staff participate in the engineering and operation of facilities, as well as the business aspects of projects. SGCE is owned by João Pereira Coutinho and his SGC Group. SGC Group is active in 13 countries and has an annual turnover of over €1 billion.

SGCE has already secured the host site and initiated engineering activities for its first commercial synthetic fuels facility. Following successful demonstration at Güssing and completion of the technical milestones, SGCE intends to place its first commercial order with the Group. "

[Popeye82]

African Eagle Resources - Dutwa economics update - Dec 20, 2010

key headlines:

+ Pre-tax NPV (10%) of $650M (£410M) @$8/lb nickel (currently ~$11.00/lb)

+ Post-tax NPV (10%) of $385M (£245M) @$8/lb nickel

+ IRR post-tax of 20% and capital payback under 5 years

+ Annual production of 23,000t nickel &582t cobalt over 26-year mine life

+ Estimated initial Capex of $600M (£380M)

+ Estimated average cash cost of $3.37/lb nickel

+ Life of mine earnings of $8.2bn (£5.2bn) @$8/lb nickel

+ Pre-feasibility study scheduled to be completed Q3 2011

+ Definitive feasibility study to be undertaken in 2012

+ First production anticipated in 2015 ...
www.africaneagle.co.uk/n/news_display.asp?Id=201012/1473749

[Popeye82]

IC Potash - Announces Significantly Increased NI-43-101 Compliant Mineral Resource; total resource now includes 700Mt M &I - Dec 15, 2010
www.icpotash.com/news/index.php?&content_id=241

[Popeye82]

Anfield Nickel - Reports Interim Mineral Resource Estimate for Mayaniquel Nickel Project, Guatemala; Significant Increase over Previous Estimate - Sep 20, 2010

@a 1% nickel cutoff, the estimated, interim NI 43-101 compliant mineral resource @Mayaniquel is:

+ 12.1 million tonnes @1.57% nickel, containing 416.4 million pounds of nickel in the Transition &Saprolite Indicated resource category.

+ 49.6 million tonnes @1.37% nickel, containing 1,494.1 million pounds of nickel in the Transition &Saprolite Inferred resource category.

+ 7.0 million tonnes @1.14% nickel, containing 177.1 million pounds of nickel in the Limonite Indicated resource category.

+ 13.1 million tonnes @1.11% nickel, containing 319.6 million pounds of nickel in the Limonite Inferred resource category ...
www.anfieldnickel.com/s/NewsReleases.asp?ReportID=419692

[Popeye82]

Putin ordnet Bildung von "Titan Valley" am Ural an; Das Ministerium für Wirtschaftsentwicklung Russlands wird bei Jekaterinburg am Ural eine Sonderindustrie- und Produktionszone - "Titan Valley" - bilden. Ein entsprechender Kabinettsbeschluss ist bereits von Regierungschef Wladimir Putin unterzeichnet, wurde am Donnerstag in Moskau mitgeteilt - SI, MOSKAU - Dec 23, 2010
www.silberinfo.com/home/nachrichten/news-zu-edelmetallen/det…

"Moskau (RIA Novosti) - Das Ziel besteht darin, Investitionen zu mobilisieren, neue Produktionsstätten einzurichten die soziale und wirtschaftliche Entwicklung der Mono-Städte Werchnjaja Salda und Nischni Tagil sowie der Region als Ganzes zu fördern. Das Projekt war vom weltgrößten Titanproduzenten VSMPO-Avisma, der in Werchnjaja Salda residiert, initiiert und auch mit finanziert worden.

Die Idee, auf der Basis von VSMPO-Avisma eine auf die Produktion von Titan spezialisierten Sonderzone zu schaffen, wird bereits seit Jahren diskutiert. In "Titan Valley" werden Erzeugnisse für Flugzeugbau und Luftfahrt hergestellt. Unternehmen, die in der 721 Hektar großen Zone aktiv sein werden, genießen im Laufe von fünf Jahren Steuervergünstigungen. "

[Popeye82]

Tahoe Resources - Announces Updated NI 43-101 Resource &Positive Preliminary Economic Assessment for Escobal Project - Nov 29, 2010

HL:

+ Significantly enhanced resource confidence: Indicated silver resource has been expanded by 144% to 245.2 million ounces @500 g/t average grade. Inferred silver resource amounts to 71.7 million ounces @271 g/t average grade.

+ Feasibility-level metallurgical testing has confirmed recoveries averaging 87% for silver &75% for gold in metal concentrates.

+ Mine life is 18 years @a planned production rate of 3,500 tonnes per day, with direct employment of approximately 500 employees in Guatemala.

+ Years one through five production averages over 19 million silver ounces per year @a total cash cost of less than $3.00 per ounce silver(net of by-product credits) which would make Escobal one of the largest & lowest cost silver mines in the world.

+ After-tax net present value @5% discount (NPV5) amounts to $ 1.729 billion.

+ After-tax internal rate of return (IRR) is 51% on an initial capital cost of $326.6 million with a payback of 1.5 years.

+ Over 90% of the project surface rights have been acquired, with the remainder under negotiation or under contract.

+ Significant upside remains in the Escobal vein trend and in other regional opportunities. ...
http://tahoeresourcesinc.com/pdfs/TahoePAPR11292010.pdf

[Popeye82]

China konzentriert Handel mit seltenen Erdmetallen in einer Hand; China will den Handel mit seinen weltweit begehrten seltenen Erdmetallen künftig in einer Hand konzentrieren. Eine neue Organisation solle die Preisverhandlungen und den Export der seltenen Erden koordinieren, sagte Wang Caifeng, die mit der Gründung des Industrieverbands betraut ist, in Peking - SI - Dec 28, 2010
www.silberinfo.com/home/nachrichten/news-zu-edelmetallen/det…

[Popeye82]

Euroland Moves From Tragedy to Farce - WSJ - Dec 29, 2010

- I. Stelzer -
http://online.wsj.com/article/SB1000142405297020351320457604…

[Popeye82]

Groundstar Resources - Provides Operational Update for Exploration Drilling in the Takutu Basin, Guyana - Dec 29, 2010
www.marketwire.com/press-release/Groundstar-Resources-Limite…

"Groundstar Resources Limited ("Groundstar" or the "Company") (TSX VENTURE:GSA) is pleased to announce the planned spud of the Apoteri K-2 ("K-2") exploration well on the Takutu Block in Guyana prior to December 31, 2010 on the Karanambo prospect in the Takutu Basin. This exploration well is a 600 meter offset to the Home Oil Karanambo-1 discovery well drilled in 1982 which tested at a rate of 411 bopd (42 degree API) in the Manari/Apoteri fractured reservoir. Groundstar is the operator of the K-2 well and is carried for a 10% net interest to commercial production. Partners are Canacol Energy and Sagres Energy. Based on a December 2009 report compiled for Canacol, Gaffney Cline and Associates attributed gross mean recoverable prospective resources of 128 million barrels (12.8 million barrels net to Groundstar) of oil to the prospect.

Plans are being formulated to drill a second exploration well on the block by May 2011 on either the Rewa or Pirara River prospects depending upon the outcome of the Apoteri K-2 drilling results. Canacol Energy will operate this well; Groundstar will be carried for a 10% net interest. Gaffney Cline and Associates attributed gross mean recoverable prospective resources of 171 million barrels (17.1 million barrels net) and 133 million barrels (13.3 million barrels net) to each prospect respectively in the December 2009 report compiled for Canacol Energy.


About Groundstar Resources Limited

Groundstar is a publicly traded Canadian junior oil and gas company actively pursuing exploration opportunities in Guyana, North Africa and the Middle East. "

[Popeye82]

Mining Top25, ´11, Part1 - Caesars Report - Dec10
www.caesarsreport.com/freereports/CaesarsReport_MiningTop201…

[Popeye82]

Sunkar Resources plc - Milling &Loading Complex Commissioned - Dec 24, 2010
http://online.hemscottir.com/ir/skr/news_xml.jsp?item=563815…

[Popeye82]

Cardero Resource - Acquires Securities of Abzu Gold Ltd. - Dec 23, 2010
www.marketwire.com/press-release/Cardero-Resource-Corp-Acqui…

[Popeye82]

Golden Goliath Resources - Agnico Eagle agrees to option/JV agreement for the Las Bolas/Los Hilos Property - Dec 7, 2010
www.goldengoliath.com/news/PR101207.html

[Popeye82]

Senomyx - Announces Expansion of Firmenich Collaboration to Include Discovery, Development &Commercialisation of Natural Sweet Enhancers; Firmenich rights include natural sweet enhancers for use in all food product fields - Dec 2, 2010
http://phx.corporate-ir.net/phoenix.zhtml?c=127189&p=irol-ne…

[Popeye82]

Legend International Holdings - Announces the Appointment of Nomura as Financial Advisor; Nomura is one of the world’s leading global investment banks with an international network of offices spanning 30 countries. Nomura has advised on numerous high profile cross-border transactions in addition to having a leading global capital markets franchise. Nomura was ranked #1 M&A adviser in Asia Pacific in 2009(1) according to Thomson Financial - Dec 2, 2010
http://lgdi.net/resources/i/docs/Press%20Releases/PR_101202.…

[Popeye82]

Purepoint Uranium Group - Rio Tinto Options Purepoint's Red Willow Project - Dec 21, 2010

HL:

+ Rio is currently finalizing plans for a drill program on the property during the first quarter of 2011

+ Rio may earn a 51% undivided interest in the project by incurring $5 million in expenditures by December 31, 2015;

+ Rio may earn an additional 19% undivided interest by incurring an additional $7.5 million by December 31, 2018;

+ Rio may earn an additional 10% undivided interest by incurring an additional $10 million by December 31, 2021 ...
www.purepoint.ca/News/NewsDetail.asp?UploadID=241&MyType=Pre…


("The company proudly maintains project partnerships with the three largest uranium producers in the world, Cameco Corporation, AREVA &Rio Tinto." )

[Popeye82]

Tournigan Energy - Closes 40,000,000 Unit Offering - Dec 30, 2010
http://ca.finance.yahoo.com/news/Tournigan-Closes-40-000-000…

[Popeye82]

Segue Resources - MOI with Kores Lead Korean Consortium - Nov 30, 2010

HL:

+ Segue signs MOI with a KORES lead Korean consortium to review its Pardoo magnetite iron project to assess merits of an exploration joint venture

+ Project evaluation expected to take place during January-April 2011 leading to decision on potential exploration partnership ...
www.stocknessmonster.com/news-item?S=SEG&E=ASX&N=517993

[Popeye82]

Mutiny Gold - Gullewa Gold Project Acquisition - Jul 22, 2010

HL:

+ Mutiny to farm into ATW Gold Corp’s Gullewa Gold Project by paying $9m to earn
70% in a company transforming transaction

+ The project contains substantial existing resources totaling 650,000oz gold (Au)
and 25,000 tonnes of copper (Cu) including Measured and Indicated Resources of
230,000oz Au and 17,000 tonnes Cu

+ There is significant potential through near mine exploration to increase these
resources

+ Infrastructure includes 300kt pa mill, camp, offices and other facilities

+ One of the most prospective tenement holdings in the WA goldfields

+ Significant pre-approvals, agreements and permits in place to commence mining

+ Focus on bankable feasibility and mining ramp up planned for 2010/11

+ Preliminary Mine Studies indicate operation would be profitable ...
www.stocknessmonster.com/news-item?S=MYG&E=ASX&N=498324

[Popeye82]

Midlands Minerals - Acquires Over 600 Square Kilometers of Ground in Area of Recent Major Gold Discoveries, Tanzania - Dec 30, 2010
www.marketwire.com/press-release/Midlands-Acquires-Over-600-…

[Popeye82]

Strateco Resources - Closes a $13.0 Million Private Placement - Dec 23, 2010
www.marketwire.com/press-release/Strateco-Closes-a-130-Milli…

[Popeye82]

Trevali Resources - Awards Mine Power Transmission Line Contract for its Santander Mine Project in Peru: Signs Power Purchasing Agreement with SN Power - Dec 30, 2010
www.marketwire.com/press-release/Trevali-Awards-Mine-Power-T…

[Popeye82]

South Boulder Mines - Appoints Additional Potash Experience - Dec 20, 2010
www.stocknessmonster.com/news-item?S=STB&E=ASX&N=521337

[Popeye82]

Arianne Resources - Update on the Lac à Paul project - Dec 17, 2010
http://arianne-inc.com/userfiles/file/communique/2010_17_dec…

[Popeye82]

Amazon Mining Holding Plc - Closes Cdn$4.5 Million Private Placement Financing - Dec 30, 2010
www.marketwire.com/press-release/Amazon-Mining-Closes-Cdn45-…

[Popeye82]

Molycorp to Construct Rare Earth Facility at California - MT - 16 December 2010
www.mining-technology.com/news/news105117.html?WT.mc_id=DN_N…

[Popeye82]

Innovotech - Receives Funding for Crop Protection Product - Dec 15, 2010
www.marketwire.com/press-release/In.....X-VENTURE-IOT-136923…

[Popeye82]

Southern Pacific Resource - Announces Filing of Final Prospectus for Funding for STP-McKay Thermal Project - Dec 24, 2010
www.marketwire.com/press-release/Southern-Pacific-Announces-…

[Popeye82]

Deals This Week: Walter, Vedanta, ITOCHU and More - MT - 10 December 2010
www.mining-technology.com/news/news104637.html?WT.mc_id=DN_N…

"Walter Energy will acquire all outstanding shares of Canada’s Western Coal for a total enterprise value of C$3.3bn (US$3.3bn).

The firms have entered into an arrangement agreement for Walter Energy to acquire Western Coal for C$11.50 per share.

Vedanta Resources subsidiary Sterlite Industries has acquired the Skorpion zinc mine in Namibia from Anglo American for a cash of about $707m.

Vedanta earlier agreed to acquire all of Anglo American's zinc assets for nearly US$1.4bn, on an attributable, debt and cash-free basis.

ITOCHU Minerals & Energy of Australia (IMEA) will acquire a 15% interest in the Maules Creek coal project being developed by Aston Resources in New South Wales, Australia.

Under the agreement signed between the two firms, IMEA will pay A345m (US$340m) to Aston, and will also acquire an exclusive right to sell coal from the project to the Japanese market and preferred right to sell coal to the other markets.

Village Main Reef has signed an agreement with Simmer and Jack for a proposed merger, under which Village will acquire all of Simmers’ assets including Buffelsfontein, Hartebeestfontein, Tau Lekoa, and an approximate 33% share in First Uranium, owned by Simmers.

The total purchase value of approximately R1.3bn (US$190m) is to be settled by issuing 598 million Village shares at R2.20 per Village share and the assumption of certain liabilities.

Anglo Pacific Group has completed the Brazilian iron ore royalty acquisition from Beadell Resources for A31.25m (US$30.78m) in cash.

The royalty covers the Anglo American operated Amapá iron ore system as well as Beadell’s mining concession and exploration tenements in the Amapá region of northern Brazil.

The first royalty payment from Anglo American for the month of December is expected in January 2011.

Coalworks subsidiary Loyal Coal has signed a farm in agreement and a joint venture agreement with Boardwalk Ferndale, to develop its Ferndale coking/thermal coal project.

Under the joint venture, Boardwalk will spend up to $25m to provide a bankable feasibility study on an open-cut mine and complete a pre feasibility study for underground mine development at Ferndale, and upon fulfilling the commitment, Boardwalk will get a 50% stake in the project. "

[Popeye82]

Moly Mines Gets China Approval for Financing Spinifex Project - MT - 10 December 2010
www.mining-technology.com/news/news104539.html?WT.mc_id=DN_N…
www.stocknessmonster.com/news-item?S=MOL&E=ASX&N=518889

[Popeye82]

Africa Oil - Signs New Study Area Block With Government of Ethiopia &Closes South OMO Deal With Tullow - Dec 09, 2010
www.marketwire.com/press-release/Africa-Oil-Signs-New-Study-…

[Popeye82]

Ncondezi Coal join AIM with £35.6m placing to progress 1.8Bn tonne coal project in Mozambique - PI UK - Thursday, June 10, 2010

- Jamie Ashcroft -
www.proactiveinvestors.co.uk/companies/news/17524/ncondezi-c…

"Ncondezi Coal Co Ltd (LON:NCCL) has joined London’s AIM market this morning, following a £35.6m fundraising to fast-track a bankable feasibility study (BFS) at its flagship Ncondezi project in the Tete province of Mozambique. The company aims to complete the BFS in the second half of 2012.


Ncondezi holds 4 prospecting and exploration licences in the Tete Province, which the company describes as one of the world’s last remaining undeveloped coking and thermal coal basins.

“The company’s main objective is to upgrade and extend the existing JORC resource and to complete a fast-track bankable feasibility study on the Ncondezi project. We also aim to carry out further test work in order to assess the potential for coking coal”, Ncondezi Coal chief executive Graham Mascall commented.

At its flagship Ncondezi project - hosted on two of the four licenses (804L and 805L) – the company has defined a JORC 1.8 billion tonne coal resource. Supported by its new listing, Ncondezi plans to further explore the licence areas - to increase its overall coal resource, upgrade the current JORC resource, and ultimately to develop mining operations producing thermal and potentially coking coal.

Recently, SKR - an independent mining and engineering consultant - completed a Scoping Study on the Ncondezi Project, confirming the economic and technical viability of a 37 year open pit mine.

The scoping study envisions a mine producing 10 million tonnes per annum (tpa) of export quality thermal coal, with production commencing in the second half of 2014.

The Mozambique-focused coal exploration and development company placed 28.95m new shares to a broad base of institutional and other investors, at 123p each to raise £35.6 million (US$52m). The company’s Nominated Advisor Liberum Capital Ltd, along with its joint-broker Renaissance Capital Ltd, arranged the placing as joint book-runners.

Ncondezi intends to use the placing proceeds to conduct further exploration work and a fast-track BFS. It is anticipated that the BFS will encompass further drilling and evaluation of the Ncondezi project, along with social and environmental studies, which will advance the project towards production.

Based on the 123p placing price, with the combination of the pre-existing share capital and the placing shares, Ncondezi has a market capitalisation of £146 million.

“The Ncondezi project presents an exciting opportunity to develop a new coal mine in one of the world's largest underdeveloped coal regions. Work to date has already defined a JORC resource of 1.8 billion tonnes. We are excited about the potential for upgrading existing resources as well as the potential for coking coal”, Mascall added. "

[Popeye82]

Sidon Acquires Acreage Bordering Its MEG Project in Tanzania - MTN - Dec 9, 2010
www.miningtopnews.com/sidon-acquires-acreage-bordering-its-m…

[Popeye82]

Small Cap Overview &´11 Watch List - CCG - Dec 15, 2010

+ We provide an overview of the small cap mining sector and our year-end list of exploration/development/mining companies that we believe could provide aboveaverage
speculative potential in 2011.

+ For 2011, we suggest continued exposure to small cap equities that are associated with strong management and that have active exploration and development programs on top-quality targets/assets over the next 6-12 months. Given the strength of the sector, we also like exposure to selective pre-drillingphase exploration names that have quality preliminary geological data supporting upcoming drilling programs. Many of these speculative stories remain under-recognized, but offer above-average speculative appeal in the current market. We continue to stress that risk-tolerant investors should consider accumulating positions during corrective market phases and take profits in upturn rallies.

+ Companies on our 2011 watch list have been selected based on a wide variety of criteria, including: capable company management, 2011 work programs, project potential and leverage to metal price movement (ideally, upward leverage ). Our primary goal is to identify companies that offer above-average opportunity based on successful project advancement/development in 2011.

+ ´10 WL result: average of 147.1%


+ Coverage: Alhambra Resources; Almaden Minerals; Auryx Gold; Batero Gold; Bowmore Exploration; Dorato Resources; Edgewater Exploration; Full Metal Minerals; Goldgroup Mining; Indicator Minerals; International PBX Ventures; Iron Creek Capital; Mansfield Minerals; Newstrike Capital; North Country Gold; Polar Star Mining; Queenston Mining; Riverstone Resources; Rockgate Capital; Sulliden Gold; Sunridge Gold; Trelawney Mining &Exploration ...
http://serverside1.com/CanaccordDec18-2010.pdf

[Popeye82]

Icon Energy - progresses China Gas Deal - Dec 31, 2010
http://stocknessmonster.com/news-item?S=ICN&E=ASX&N=227993

[Popeye82]

Bandanna Energy - Indicated Resources doubled for Springsure Creek Project - Oct 22, 2010

HL:

+ Indicated Resources rise to 72.2 Million Tonnes

+ Total Resources rise to 324.2 Million Tonnes ...
http://stocknessmonster.com/news-item?S=BND&E=ASX&N=180069

[Popeye82]

Gowest Amalgamated Resources - Finds Presence of Significant Parallel Gold-Bearing Structures @Its Frankfield East Gold Deposit Near Timmins, Ontario - Dec 07, 2010
www.marketwire.com/press-release/Gowest-Finds-Presence-Signi…

[Popeye82]

Rio Novo Gold - Announces Closing of CAD$46 Million Bought Deal Financing; Over-Allotment Fully Exercised - Dec 07, 2010
www.marketwire.com/press-release/Rio-Novo-Gold-Announces-Clo…

[Popeye82]

Klondex Mines All Set For A Quantum Leap @Fire Creek In ´11 - MS - Dec 30, 2010

- S. White -
www.minesite.com/nc/minews/singlenews/article/klondex-mines-…

[Popeye82]

International E&P October's Scorecard - RBC CM - Oct 4, 2010

www.oilbarrel.com/fileadmin/content/pdfs/Brokers_Notes_Oct_1…


Equity Research - RBC CM - Oct 4, 2010
www.oilbarrel.com/fileadmin/content/pdfs/Brokers_Notes_Oct_1…


Oilfiled Services; 3Q10 Earnings Preview - RBC CM - Oct 15, 2010
www.oilbarrel.com/fileadmin/content/pdfs/Brokers_Notes_Sept2…


Oil Services; Sector Report - F-DC - Oct 18, 2010
www.uploadlibrary.com/foxdavies/SectorPiece181010.pdf



Oil &Gas - MC - Oct 18, 2010
www.oilbarrel.com/fileadmin/content/pdfs/Brokers_Notes_Oct_1…




Oil &Gas; E&P - GS - Nov 5, 2010
www.oilbarrel.com/fileadmin/content/pdfs/Brokers_Notes_Oct_1…

[recession]

Antwort auf Beitrag Nr.: 40.786.263 von Popeye82 am 02.01.11 13:26:40

Jetzt wird es aber hart fuer canaccord Watch liste in 2011. Alle Werte sind schon kraeftig gestiegen.

[Popeye82]

Antwort auf Beitrag Nr.: 40.791.406 von recession am 03.01.11 18:40:21

The advantage of WLs is, that you can announce later if you´re invested -or not. The majority of their stocks isn´t also of interest for me(combined stage, situation &valuation). I prefer in the majority these ones, which looks "speculative/subjective dirty cheap" -BUT you must ALSO absorb your loosers with ist(most important point with it).


Another thing -Where do you come from? Canada, Australia ...?? Why you´re such active in german boards?

Best Regards
P.

[Popeye82]

Maudore Minerals - Closes $5,008,264 Private Placement - Dec 31, 2010
http://tmx.quotemedia.com/article.php?newsid=37039868&qm_sym…

[Popeye82]

AQM Copper - Reports 2010 Achievements &Announces Latest Zafranal Drill Results-Including 342 metres of 0.55% Cu; First NI 43-101 Compliant Resource to be Announced - Jan 4, 2010

HL:

+ AQM completes 74,000m of drilling in 2010

+ First NI 43-101 Compliant Resource for Zafranal project to be announced imminently

+ ZFDDH10-150 drills 125m of 0.86% copper and 0.07g/t gold

+ Step-out holes ZFDDH10-138 and 143 expands Main Zone mineralization to the South ...
www.marketwire.com/press-release/AQM-Reports-2010-Achievemen…

[Popeye82]

Hudson Resources - Reports Significant Rare Earth Mineral Resource Estimate @Sarfartoq: 14Mt Averaging 1.51% TREO, Including 40.6 Mio KG Neodymium Oxide - Jan 04, 2011
www.marketwire.com/press-release/Hudson-Resources-Reports-Si…

[Popeye82]

South Boulder Mines - Drilling Increases Potash Exploration Target Increased - Jan 4, 2010

HL:

+ Diamond core drilling intersects additional potash in holes Col-011, 012, 013, 014, 015, 016 &017 (Figure 1);

+ The results confirm an increase in the initial exploration target to 500 –750Mt of potash ores with average grades of 21-25% KCl located above 100m vertical depth.

(To comply with the JORC Code, the following statement must be read proximal to the stated exploration target above; The potential quality &grade of the Colluli exploration target is conceptual in nature and there has been insufficient exploration to define a Mineral Resource &it is uncertain if further exploration will result in the determination of a Mineral Resource)


+ A total of 17 diamond holes have been drilled @Colluli defining an area of >9km2;

+ The extensive mineralisation intersected to date @the project is considered open in all directions;

+ The current drilling is part of a JORC/43-101 resource &mining engineering study into the open pit mining &processing operation with an initial minimum starting capacity of 1.5Mt of potash p.a. The study will also examine the viability of substantially increased production capacity;

+ A maiden JORC/43-101 resource report is due for completion in January 2011. Scoping study results are planned to be completed in mid 2011;

+ Exploration results to date have confirmed Colluli as the world’s shallowest buried evaporite potash deposit;

+ South Boulder is well financed to advance exploration &feasibility studies with ~$15.5m in cash &NTA;

+ Assay results &full details on further exploration drilling &scoping study results will be released as they come to hand. ...
http://stocknessmonster.com/news-item?S=STB&E=ASX&N=523433

[Popeye82]

UXA Resources - Global PFN Technology Acquired - Jan 4, 2010
http://stocknessmonster.com/news-item?S=UXA&E=ASX&N=619860

[Popeye82]

Global Atomic Fuels - Announces Results of Economic Study on Dasa Open Pit Project, Niger - Sep 23, 2010

Highlights of the study include:

+ Dasa will be mined as a series of open pits with ore moving to a central vat leach plant to produce yellow cake.

+ Phase I, drilling has outlined an initial resource of approximately 23 million pounds in an inferred category (Non NI 43-101 compliant)

+ Metallurgical testing confirms low acid consumption of 30 lbs/ton with uranium recoveries of 98%

+ Head grades will average 1.5 – 2 lbs/ton or 650 - 850 ppm with a high grade starter pit producing initial plant feed.

+ Production plan anticipates an initial production of 1 million pounds/annum increasing to 2 million pounds/annum by year 3.

+ Initial mine life of 10 years with significant exploration upside to add resources

+ NPV @ 10% discount based on current resource, is US $210,835,000 @$70/lb U3O8

+ 2 year construction period

+ Annual operating cash flow @full capacity of US $102,588,000



Global’s Dasa Development Plan:

+ Engage an independent consulting group to complete a final feasibility study

+ Commence definition &expansion drilling program in October

+ Commence construction within 18 months

+ Establish first producing asset in Niger within 30 months

+ Continue development &further exploration of Global’s other deposits on its other
Niger concessions



Global Financing &IPO Plans:

+ Global will complete a private placement financing to fund completion of the feasibility study on the Dasa project

+ IPO will be initiated as soon as possible to raise sufficient equity to fund mine construction ...
www.globalatomicfuels.com/includes/fileGet.cfm?cms_document_…

[Popeye82]

Fission Energy - to Commence Three Drill, $7.9 Million Winter Exploration Program @Waterbury Lake, Athabasca Basin - Jan 04, 2011
www.marketwire.com/press-release/Fission-Commence-Three-Dril…

[Popeye82]

Sustainable Energy Technologies - &Ideal Supply Announce Agreement to Distribute SUNERGYTM Inverters for Ontario Micro-FIT &FIT Projects; Ideal Supply Ltd, one of Ontario's largest &most well established electrical distribution companies, to market &distribute SUNERGYTM as its core solar inverter for Ontario Micro-FIT &FIT projects under 150kW - Jan 4, 2010
www.marketwire.com/press-release/Sustainable-Energy-Ideal-Su…

[Popeye82]

Senomyx - Announces New Development &Commercialization Collaboration with Cadbury Adams USA LLC, a Unit of Kraft Foods Inc. - Jan 3, 2010
http://phx.corporate-ir.net/phoenix.zhtml?c=127189&p=irol-ne…

[Popeye82]

EnWave Corporation - Announces quantaREV(TM), a New High-Capacity Dehydration Technology Platform, &Files Patent - Jan 04, 2011
www.marketwire.com/press-release/EnWave-Announces-quantaREV-…

[Popeye82]

IC Potash - Announces Successful Ochoa Potash Project Preliminary Economic Assessment - Jan 5, 2010
http://finance.yahoo.com/news/IC-Potash-Announces-prnews-290…

"TORONTO, Jan. 5 /PRNewswire/ - IC Potash Corp. ("ICP" or the "Company") (TSXV: ICP) announced today the successful conclusion of the updated Preliminary Economic Assessment of the Company's 100%-owned Ochoa Sulphate of Potash ("SOP") Project (the "Preliminary Economic Assessment" or "PEA") located in south east New Mexico, and prepared by Gustavson Associates of Lakewood, Colorado ("Gustavson").


"This independent report is a major achievement for IC Potash," Mr. Sidney Himmel stated. "The updated PEA attributes an estimated net present value to the Ochoa Project of US$1.4 Billion using a pre-tax discount rate of 10%, and $2.1 billion using a rate of 8%. The projected values are based on the estimated capital cost of $662 million and projected production cost of $164 per ton of SOP. The PEA provides robust economics for the Ochoa Project with operations producing 660,000 tons of SOP per year. Our mission is to develop a long-life, low cost mine, which will produce Sulphate of Potash, the premium quality potash of the world, and the PEA indicates that the Company's New Mexico Ochoa potash asset is positioned to become one of the world's lowest cost producers of Sulphate of Potash."


Recommendations and Conclusions

This Preliminary Economic Assessment indicates that the Ochoa Sulphate of Potash project is economically viable and Gustavon recommends continued development of the project including:

+ The completion of a prefeasibility study;

+ The commencement of environmental and permitting work; and

+ The obtaining of a sufficient bulk sample of ore for pilot scale metallurgical testing and process optimization.


Dr. George Poling, Chairman of the Board of Directors of IC Potash Corp., stated: "My compliments to our world class team for the timely execution of this critical milestone. We are now well financed to carry out all recommended work, and prepared to evaluate strategic development opportunities moving forward with the Ochoa Project, including the possibility of establishing marketing partnerships with international fertilizer companies."


Economic Analysis

The National Instrument 43-101 Compliant Preliminary Economic Assessment projects a base case production level of 660,000 tons per year of Sulphate Potash ("SOP"), a mine life of 40 years with a capital cost of $662 million, and operating cost per ton of $164. All dollars are expressed in United States currency. The base case production level data is summarized as follows:

+ Internal rate of Return of 25% on a pre-tax basis based on a 100% equity case;

+ Net Present Value of US $1.4 billion using a pre-tax discount rate of 10% and no debt;

+ Net Present Value of US$2.1 billion using a pre-tax discount rate of 8% and no debt;

+ Operating production cost of US$164 per ton of SOP;

+ Capital cost of $662 million which includes a general contingency of $97 million and engineering and procurement and management costs of $48 million;

+ Underground mining at a rate sufficient to produce 3.29 million tons of ore per year;

+ Average mining extraction rate of 85%;

+ Average metallurgical recovery of 85%

+ Mine life of 40 years;

+ The Sulphate of Potash sales price forecasts were provided by CRU, formerly known as British Sulphur Consultants. CRU is the leading business consultancy for the fertilizer industries;

+ SOP prices for 2015 were forecast at $508 per short ton and subsequently varied for projected macroeconomic trends and anticipated changes in Sulphate of Potash supply and demand;

+ While the project has the potential to produce Sulphate of Potash and other fertilizer minerals such as Magnesium Sulphate, the study included only Sulphate of Potash as this fertilizer mineral is readily marketable in a very robust market.


Economic Impact of Resource Expansion

As provided in the press release of December 15, 2010, there is now 700 million tons of potash resource in the measured and indicated resource category. The detailed potash resource is provided in the table below. In addition, there is a further resource of 300 million tons of potash in the inferred resource category.

5 foot minimum thickness - Measured - Indicated - Measured and Indicated

Tons 239,000,000 462,000, 000 700,000,000

Grade Polyhalite 82.7% 82.4% 82.5%

Equivalent Grade K2SO4 23.4% 23.4% 23.4%

6 foot minimum thickness Measured Indicated Measured and Indicated

Tons 41,000,000 47,000,000 88,000,000

Grade Polyhalite 86.1% 84.1% 85.0%

Equivalent Grade K2SO4 24.4% 23.8% 24.1%


Mineral resources that are not mineral reserves do not have demonstrated economic viability. The objective of the upcoming pre-feasibility study is to demonstrated economic viability.

Base Case of 660,000 tons per year production, operating costs:

Area of Operations - Cost Per Ton Of Feedstock(US$) - Cost Per ton of SOP Product(US$)

Mining $12.36 $61.39

Processing $19.76 $98.11

G&A $ 0.95 $ 4.72

Total $33.07 $164.22


Chief Operating Officer Randy Foote commented, "We recently reported a NI-43-101 compliant mineral resource which included, at a five foot minimum thickness cut-off, 239 million tons of measured resource of polyhalite, and 462 million tons of indicated resource. It is this resource which we intend to convert to Sulphate of Potash at a very low cost of production. Thus this project has the potential to have a life far in excess of the forty year mine life which was used in the financial economic model. The Company is intent on moving quickly to develop this project."

The Preliminary Economic Assessment also considered a production scenario of 1,000,000 tons of annual Sulphate of Potash production. The capital cost for such a production level would be $813 million. Assuming a 40 year mine life and the same projected SOP prices as for the base case, the Internal Rate of Return would be 30% and the Net Present Value would be $2.5 billion using a pre-tax discount rate of 10% and US$3.6 billion using a pre-tax discount rate of 8%.

The NI-43-101 Technical Report for Preliminary Economic Assessment and the resource will be published on the System for Electronic Document Analysis and Retrieval ("SEDAR") no later than January 28, 2011. SEDAR is the mandatory document filing and retrieval system for Canadian public companies. SEDAR is operated by the Canadian Securities Administrators, a coordinating body comprising the 13 Canadian provincial and territorial securities commissions.


Qualified Persons Report

All scientific and technical disclosures in this press release have been prepared under the supervision of William J Crowl, a consultant to IC Potash who is a Qualified Person within the meaning of National Instrument 43-101.

The Qualified Persons in respect of the Preliminary Economic Assessment were William J. Crowl, R.G., Donald E. Hulse, P.E., Terre A. Lane, MAusIMM, Deepak Malhotra, MAusIMM. Consulting geologists, chemical engineers, and chemists in respect of the work included Dr. Patrick Okita, Donial Felton, B.Sc., Richard Chastain, B.Sc., and Thomas Neuman, M.Sc.


About IC Potash Corp.

IC Potash intends to become a primary producer of Sulphate of Potash ("SOP") by mining its 100%-owned Polyhalite Ochoa property in New Mexico. SOP is a non-chloride based potash fertilizer that sells at a substantial premium over the price of Muriate of Potash ("MOP"), the most widely used fertilizer in the world. Typically SOP sells at a premium of 50% to MOP. ICP is focused on being the lowest cost producer of SOP in the world. The SOP market is six million tonnes per year and is a significant fertilizer in the fruit, vegetable, tobacco, potato, and horticultural industries, and for agriculture in saline and dry soils. SOP is also applicable in soils where there is substantial agriculture activity with varieties of crops. ICP's Ochoa property consists of over 100,000 acres of federal subsurface potassium prospecting permits and State of New Mexico Potassium mining leases. "

[Popeye82]

Mariana Resources - Drilling confirms bulk tonnage potential of Calandria Sur - Jan 05, 2011

HL:

+ Results from final 28 holes of the 2010 55 hole diamond drilling campaign indicate a robust bulk tonnage style gold silver deposit hosted by the Calandria Sur rhyolite dome

- Best intersection of 104m @ 1.3 g/t gold ('Au') & 19 g/t silver ('Ag') from 9m including 19m @2.3 g/t Au & 48 g/t Ag from 27m (CSD106)

- Other results included 102.5m @1.0 g/t Au &18 g/t Ag from 3.5m (CSD100) &76m @ 1.3 g/t Au &17 g/t Ag from 13m (CSD105)

- Areal extent of coherent gold mineralisation (as defined by drill holes with +10g-m* Au) increases to 600m NW-SE by 250-300m NE-SW with a 350m x 100-150m +50g-m Au core

- Mineralisation remains open both to the NW (CSD115 - 28m @ 1.0 g/t Au 19 g/t Ag &10.5m @0.6 g/t Au 25 g/t Ag) a&to the NE into adjacent pyroclastics (CSD84 - 43m @0.7 g/t Au)

- Silver g-m plan shows a significant 450m x 200m area of +500g-m Ag with a 400 x 100-150m +1000g-m Ag core, coincident with the +50g-m Au zone


+ Resource modelling @Calandria Sur to commence January 2011 leading to a preliminary resource estimate Q1/Q2 2011

+ Preliminary metallurgical test work continues with results expected Q1 2011

+ Drill testing of high grade vein-breccia targets @Calandria Norte Prospect completed (5,000m) - results of 19 holes imminent

+ Exploration drilling underway @El Nido prospects with two rigs testing new 3D IP targets including Nido Norte &Nido Oeste (6,000m) - first results expected in mid February 2011 ...
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Aquila Resources - Completes 20 Drill Holes @Michigan Gold - Jan 05, 2011
www.marketwire.com/press-release/Aquila-Completes-20-Drill-H…

[Popeye82]

Wavefront Technology Solutions Inc.: Eastern Alberta Client Expanding Its Powerwave Program; Up to 45 Additional Powerwave Systems to Be Added to the Exisiting 63 Installations - Jan 4, 2010
www.marketwire.com/press-release/Wavefront-Technology-Soluti…

[Popeye82]

Transeuro Energy - Drilling Begins in Ukraine on Large Gas/Condensate Field; Clarification of News - Jan 05, 2011

Summary:

+ The Karlavskoye field is proven by 9 wells that all produced gas and condensate. Third party estimates from Fekete Associates Inc. suggest nearly 0.5 Tcf (Trillion cubic feet) of gas in place (discovered resources) with additional condensate. Discovered resources are those quantities of oil and gas estimated on a given date to be remaining in, plus those quantities already produced from, known accumulations. Discovered resources are divided into economic and uneconomic categories, with the estimated future recoverable portion classified as reserves and contingent resources, respectively.

+ The Karl-101 well was initially drilled in 2007/08 by Transeuro and data to 3500m was collected on the target reservoirs but a well control incident lead to the reservoir section being abandoned and the well was suspended in November 2008 at a depth of 2750m. Over 100 meters of net gas bearing reservoir was identified from logs and gas samples from 2800 - 3500m.

+ The Company is expecting to test 5 separate intervals with each targeting 5 mmcf/d (million cubic feet per day) per interval and a combined result over 20 mmcf/d and 1000 barrels per day of condensate, a total of 4500 boepd (barrels of oil equivalent per day) subject to confirmation of economic production from this well. ...
www.marketwire.com/press-release/Drilling-Begins-in-Ukraine-…

[Popeye82]

Cornerstone Capital Resources - Authorized to Recommence Exploration @Flagship Shyri Property in Ecuador - Jan 04, 2011
www.marketwire.com/press-release/Cornerstone-Authorized-Reco…

[Popeye82]

Selwyn Resources - Expands Management Team as Selwyn Project Advances - Jan 4, 2011
http://finance.yahoo.com/news/Selwyn-Expands-Management-iw-3…

[Popeye82]

Prophecy Resource - Enters MOU for 1.2 Million Tonne Per Year Coal Off Take With JUST Group - Jan 05, 2011
www.marketwire.com/press-release/Prophecy-Enters-MOU-for-12-…

[Popeye82]

Mindoro Resources - Retains Specialist to Consult on Agata Nickel Project - Jan 05, 2011
www.marketwire.com/press-release/Mindoro-Retains-Specialist-…

[Popeye82]

New Millennium Capital - Announces Environmental Approval &Project Release by the Government of Newfoundland &Labrador for the DSO Project - Jan 05, 2011
www.marketwire.com/press-release/New-Millennium-Capital-Corp…

[Popeye82]

Trevali Resources - Sampling Expands High-Grade Silver Mineralization @Puajanca North Target on Santander Zinc-Lead-Silver Mine Project in Peru; 1.45 km of aggregate veining averaging 1 metre wide @5.3 oz/ton silver (182.7 g/t), 14.3% lead &2.0% zinc - Jan 4, 2010
www.marketwire.com/press-release/Trevali-Sampling-Expands-Hi…
http://media3.marketwire.com/docs/t1c.pdf
http://media3.marketwire.com/docs/t2c.pdf
http://media3.marketwire.com/docs/t3c.pdf

[Popeye82]

Coalworks - Measured Drilling Commences @Vickery South - Jan 6, 2010

HL:

+ Coalworks to commence drilling to take the current JORC 42 million tonne inferred
resource to measured status.

+ Additional exploration drilling on current Western Exploration Targets with the
potential to identify additional coal resources. ...
www.stocknessmonster.com/news-item?S=CWK&E=ASX&N=620149

[Popeye82]

Lithium One - Reports Best Drill Results to Date From Sal de Vida Brine Project - Jan 6, 2010

HL:

+ Hole SVH10_12 in centre of 385 km2 property averages 1,014mg/l lithium &11,882 mg/l potassium

+ Overall average from brines in 8 core holes increased to 745 mg/l lithium &8,318 mg/l potassium ...
http://cnrp.marketwire.com/cnrp_files/20110106-LITH104.pdf

[Popeye82]

Erdene Resource Development - Completes Drill Program @Zuun Mod Project, Mongolia; Initial Results Include 300 metres of 0.071% Molybdenum &0.11% Copper - Jan 05, 2011
www.marketwire.com/press-release/Erdene-Completes-Drill-Prog…

[Popeye82]

TintinaGold Resources - Reports Initial Inferred Copper-Cobalt-Silver Resource on Its Sheep Creek Property, Montana, USA; Upper Copper Zone @Sheep Creek contains an Inferred resource of 7 MMT @2.4% Cu, 0.12% Co, &12.3 g/tonne Ag - Jan 06, 2011
www.marketwire.com/press-release/TintinaGold-Reports-Initial…

[Popeye82]

Alderon Resource - Selects BBA &Stantec as Scoping Study Consultants - Jan 06, 2011
www.marketwire.com/press-release/Alderon-Selects-BBA-Stantec…

[Popeye82]

Alexco Resource - Achieves Commercial Production @Bellekeno - Jan 06, 2011
www.marketwire.com/press-release/Alexco-Achieves-Commercial-…

[Popeye82]

Exploration to Commence on Zambian Manganese Projects - Australianinvestor - 7-Jan-2011
http://australianinvestor.com.au/news.asp?id=39631
http://stocknessmonster.com/news-item?S=URA&E=ASX&N=523787

"Uran Limited (URA) has entered into a Heads of Agreement with African Asian Mining Development Limited, in which it has the option to gain a 51% interest in numerous Zambian manganese projects.

The projects include five large scale prospecting licenses and two small scale mining licenses.

Manganese prices have recently increased due to increased demand for steel components.

Exploration is likely to commence next week."

[Popeye82]

Microbix Biosystems - CEO Sells Shares to Invest in China Vaccine Joint Venture - Jan 6, 2010
www.newswire.ca/en/releases/archive/January2011/06/c8921.htm…

[Popeye82]

Lodestone Expands Gas Acreage in Surat Basin - Australianinvestor - 7-Jan-2011
www.australianinvestor.com.au/news.asp?id=39633
www.stocknessmonster.com/news-item?S=LOD&E=ASX&N=228112

"Lodestone Energy Limited (LOD) has announced that their 100% owned subsidiary, Surat Gas Pty Ltd, is the preferred tenderer for three new petroleum tenements in the Surat Basin.

The new tenements would lead to a 310% increase in Lodestone’s gas acreage.

The company would then hold 20,500 square kilometers, becoming one of the largest gas acreages in the area. "

[Popeye82]

Benga Joint Venture to Secure 100% of Benga Power Plant - Australianinvestor - 6-Jan-2011
www.australianinvestor.com.au/news.asp?id=39628
www.stocknessmonster.com/news-item?S=RIV&E=ASX&N=523705

"Riversdale Mining has reached an agreement with former joint partner Elgas S.A.R.L over the Benga Power Plant, which will see Riversdale acquire its 50% interest in the Benga Power Plant.

The agreement was made after it was established between the parties that the Benga Joint Venture (Riversdale 65%/ Tata 35%) is best placed in terms of resources to accelerate development of the Benga Power Plant.

The Benga Joint Venture will move to 100% ownership of the Benga Power Plant, which is scheduled to deliver power in 2013 – 2014. "

[Popeye82]

Novadx Ventures - MCoal Receives First $5 Million of Advance Payment from Sandstorm Coal Stream Financing - Jan 07, 2011
www.marketwire.com/press-release/Novadx-Ventures-Corp-MCoal-…

[Popeye82]

United States Navy exercises purchase option on VHF Locator Beacons - Australianinvestor - 5-Jan-2011
www.australianinvestor.com.au/news.asp?id=39616
www.stocknessmonster.com/news-item?S=MBO&E=ASX&N=523560

"The United States navy has confirmed an initial contract worth US$400,000 with marine safety equipment provider Mobilarm Limited for the purchase of V200 Submariner VHF Locator Beacons. Mobilarm Limited is the sole provider of VHF Locator to the US Navy, and the deal follows successful testing of the beacon.


The navy has stated that Mobilarm Limited is the only known company with the required technology to meet the US Navy’s requirements. Sea trials are set to occur in June 2011.

“The US Navy has in place 71 commissioned submarines, each carrying approximately 143 people. This could provide strong initial revenue for Mobilarm upon procurement,” Mr Lindsay Lyon, Mobilarm Limited CEO, said. "

[Popeye82]

China Magnesium Increases Joint Venture Interest Beyond 90% - 5-Jan-2011
www.australianinvestor.com.au/news.asp?id=39620
www.stocknessmonster.com/news-item?S=CMC&E=ASX&N=228074

"China Magnesium Corporation Limited (CMC) has increased its interest in the Pingyao Magnesium Project to beyond the approximate 90% interest envisaged in the prospectus by injecting an additional A$5.4 million (CNY35.7 million) of capital contributions into CMC China.


This level of interest has been achieved for significantly less expenditure than indicated in the prospectus with approximately $700,000 saved due to the strength of the Australian dollar.

China Magnesium Corporation Limited is set to become one of the largest, low cost, vertically integrated producers of magnesium and magnesium alloy in the world. "

[Popeye82]

Vallar Eyes $1bn Coal Assets in North America, Australia - MT - Jan 6, 2010
www.mining-technology.com/news/news106224.html?WT.mc_id=DN_N…

"UK's Vallar is eyeing the possible acquisition of $1bn-worth of coal assets in North America and Australia to strengthen its aspirations of joining the FTSE 100.

The acquisitions are expected to be initiated after Vallar is transformed into an Indonesian coal group later this month.

Vallar is set to be renamed Bumi by acquiring stakes in Bumi Resources and Berau of Indonesia for $3bn in cash and shares, according to the Financial Times.

Vallar will pay $739m in cash and $833m in shares for 75% of Berau Coal and Energy, controlled by the Roeslani family, and will pay $1.43bn for 25% of Bumi Resources, controlled by the Bakrie family.

In 2010, Bumi and Berau produced a total of 78 million tons of coal, which Vallar is expecting to increase to 140 million tons by 2013. "

[Popeye82]

Uranerz Energy Receives Mining Permit from WDEC; Uranerz Energy Corporation has received a commercial permit from the Wyoming Department of Environmental Quality (WDEQ) to mine the Nichols Ranch in-situ recovery uranium project in Wyoming, US - MT - Jan 6, 2010
www.mining-technology.com/news/news106228.html?WT.mc_id=DN_N…
www.uranerz.com/s/NewsReleases.asp?ReportID=436111&_Type=&_T…

[Popeye82]

Niblack Mineral Development - Heatherdale Earns 51% Interest In Niblack Project; Confirms Election To Spend $10million - Dec 16, 2010
www.niblack.com/news/index.php?&content_id=295

[Popeye82]

Malaysia to introduce feed-in tariff for solar energy - EB, SINGAPORE/PUTRAJAYA - Nov 19, 2010
www.eco-business.com/news/2009/nov/19/malaysia-introduce-fee…

[Popeye82]

US orders Twitter to hand over WikiLeaks records - ST/Reuters, WASHINGTON - Jan 9, 2010
www.straitstimes.com/BreakingNews/TechandScience/Story/STISt…

"WASHINGTON - A US court has ordered Twitter to hand over details of the accounts of WikiLeaks and several supporters as part of a criminal investigation into the release of hundreds of thousands of confidential documents.


The Dec 14 subpoena obtained by the US Department of Justice and published by online magazine Salon.com on Friday said the records sought from the microblogging website were 'relevant to an ongoing criminal investigation.'

It ordered Twitter to provide account information on WikiLeaks founder Julian Assange and Bradley Manning, the US Army intelligence analyst suspected of leaking Pentagon documents made public last year by WikiLeaks.

The information sought by the government includes all connection records and session times, IP addresses used to access Twitter, email and residential addresses plus billing records and details of bank accounts and credit cards.

The subpoena included the accounts of WikiLeaks supporters Jacob Appelbaum, Rop Gonggrijp and Birgitta Jonsdottir, a former WikiLeaks volunteer and member of Iceland's parliament.

A Twitter spokesman declined to comment on the subpoena but added: 'To help users protect their rights, it is our policy to notify users about law enforcement and governmental requests for their information, unless we are prevented by law from doing so.' "

[Popeye82]

Singapore's leaders pledge carbon cut - EB, SINGAPORE - Dec 3, 2010
www.eco-business.com/news/2009/dec/03/singapores-leaders-ple…

[Popeye82]

OnCard signs Agreement with China Citic Bank - Australianinvestor - 6-Jan-2011
www.australianinvestor.com.au/news.asp?id=39623
www.stocknessmonster.com/news-item?S=ONC&E=ASX&N=348527

"OnCard International Limited has signed an agreement with China Citic Bank on Buffet Club Purchase Cooperation. This will allow OnCard to significantly expand into mainland China.

The agreement was signed for 12 months, and group earnings are expected to be an additional 50% of Buffet Club annual operations.

CITIC is the second largest credit card issuer in China and OnCard’s Buffet Club is the best selling dining club programme in Asia. "

[Popeye82]

Major Project Status for Sheep Hill - Australianinvestor - 6-Jan-2011
www.australianinvestor.com.au/news.asp?id=39624
www.stocknessmonster.com/news-item?S=CXM&E=ASX&N=181367

"The South Australian Government has declared Centrex Metals Limited’s (CXM) proposed Sheep Hill commodities export port a proposal of ‘Major Project’ status.

Major Project status means that the Government will be responsible for setting guidelines on assessment factors for the project, due to the economic importance of the proposal.

“We believe that considerable social and economic benefits will flow from these developments,” said Jim White, Centrex Metals Limited Managing Director. "

[Popeye82]

Drilling Success for Magnetite @Camel Hills - Australianinvestor - 10-Jan-2011
www.australianinvestor.com.au/news.asp?id=39640
www.stocknessmonster.com/news-item?S=DSN&E=ASX&N=523905

"Desert Energy Limited (DSN) has announced that assay results from its Camel Hills Joint Venture Project show broad intervals of magnetite in eight out of nine holes drilled.

Camel Hills is a magnetite iron-ore prospect, and the raw assay data suggests a high grade concentrate with low levels of impurities will be able to be produced from the magnetite iron ore.

The best results from the drill include 50m at 21.2% Fe, including 8m at 29.9% Fe from RC002, and from RC005 36m at 26.6% Fe, including 2m at 34.8% Fe.

The drilling has also identified numerous additional targets for future drilling. "

[Popeye82]

Magnetite Mineralisation Confirmed at Murphy South ‘Discovery Traverse’ - Australianinvestor - 10-Jan-2011
www.australianinvestor.com.au/news.asp?id=39643
www.stocknessmonster.com/news-item?S=IRD&E=ASX&N=523922

"Iron Road Limited (IRD) has announced the discovery of wide continuous intervals of magnetite mineralisation suitable to open cut mining at the Discovery Traverse at Murphy South.

DTR test work has confirmed a high quality iron concentrate with low impurities may be produced.

Based on this single cross section a potential open cut pit may be expected to have a vertical depth of approximately 450m and a width in excess of 1000m."

[Popeye82]

Red Emperor to Acquire Interest in Georgian Block - Australianinvestor - 10-Jan-2011
www.australianinvestor.com.au/news.asp?id=39649
www.stocknessmonster.com/news-item?S=RMP&E=ASX&N=523952

"Red Emperor Resources NL (RMP) has entered into a Heads of Agreement with Range Resources Limited (RRS) and Strait Oil and Gas UK Limited to acquire a 20% farm-in interest in two oil and gas blocks in Georgia, Eastern Europe.

The two blocks cover 7000km², and 6 structures have been prioritised as ready for drilling with total gross unrisked oil-in-place estimated at 728 million barrels.

The first exploration well is expected to spud in Q1 2011. "

[Popeye82]

Southern Pacific Resource - Completes $172.5 Million Debenture Offering &US$275 Million Term Loan to Fully Fund STP-McKay Thermal Project - Jan 07, 2011
www.marketwire.com/press-release/Southern-Pacific-Completes-…

[Popeye82]

Deals This Week: Franco-Nevada, Puda Coal, Qiao Xing &More - MT - Jan 7, 2011
www.mining-technology.com/news/news106498.html?WT.mc_id=DN_N…

"Franco-Nevada has acquired 56.5 million common shares of Gold Wheaton Gold from Quadra FNX Mining for C$262m (US$262m) at C$4.65 a share.

Franco-Nevada is also in the process of negotiating and finalising a definitive arrangement agreement with Gold Wheaton to acquire the issued Gold Wheaton common shares that it does not already own for C$293m (US$293m) at C$5.20 a share.

Puda Coal subsidiary Shanxi Puda Coal Group has entered into coal mining rights and asset transfer agreements with three coal mines located in Pinglu County, Shanxi province, China.

Shanxi Coal will pay an aggregate purchase price of up to CNY408m (US$61.2m), of which CNY250m (US$37.4m) will be spent for Anrui Coal, CNY140m (US$21m) for Chuntouao Coal and CNY18.5m (US$2.77m) for Xiapingcun Coal.

Qiao Xing Universal has acquired a 34.5% equity interest in Chifeng Aolunhua Mining by winning a bid from a Chinese government agency.

The company has agreed to pay CNY185m (US$28m) for the bid, which will be paid in two cash instalments within six months.

Canada's Coronet Metals has signed an agreement with Latin Gold to acquire a 100% interest in the Paron gold project in Ancash, Peru.

Coronet has agreed to pay US$14m to Latin Gold in various phases, in exchange for the assets of the project. "

[Popeye82]

London Mining Gets SLEPA Permit for West African Mine - MT - Jan 7, 2010
www.mining-technology.com/news/news106370.html?WT.mc_id=DN_N…

[Popeye82]

MSHA Plans New Safety Rules for ´11 - MT - Jan 7, 2010
www.mining-technology.com/news/news106369.html?WT.mc_id=DN_N…

"The US Mine Safety and Health Administration is planning to implement new safety rules in 2011, according to its director, Joe Main.


The federal agency plans to issue six regulations under the proposed agenda, which would call for companies to provide gear to each miner to measure coal dust exposure, a growing hazard to miners, and install alarms to protect them from heavy machinery.

The agenda will deal with a number of issues impacting the coal mining industry including regulations for impoundment dams, operations with a pattern of violations and standards for proximity detective systems.

The rules also require mining companies to clarify who the legal operator of a mine is to prevent owners from shutting and reopening a mine under a new name to avoid paying fines. "

[Popeye82]

Evolving Gold - Drilling Expands the Antelope Basin Gold Zone Rattlesnake Hills Project, Wyoming; incl. 102.1m @1.72 g/t Au - Jan 6, 2010
www.evolvinggold.com/news/news2010/news-release-january-6-20…

[Popeye82]

Norsemont Mining - Hudbay Minerals Announces Agreement to Acquire Norsemont Mining; Hudbay’s combined Annual Copper Production Expected to Increase by Approximately 145% from ´11 Levels - Jan 10, 2010
www.norsemont.com/_resources/news/NR_Jan_10_2011_final.pdf

[Popeye82]

1st JORC Resources for CMD Gold Mine - Australianinvestor - 10-Jan-2011
www.australianinvestor.com.au/news.asp?id=39651
www.stocknessmonster.com/news-item?S=LSA&E=ASX&N=523958

"Lachlan Star Limited has announced the first JORC Resource estimate for its 100% owned CMD gold mine in Chile totalling 664,000 ounces of gold.

The resource is 150,000 ounces higher than the previously stated exploration target and is at a slightly higher grade.

The resource estimate is for the Tres Perlas and Chisperos deposits, with resource statements for the remaining projects to be released once they are completed. "

[Popeye82]

Acquisition Leads to Four Operations - Australianinvestor - 10-Jan-2011
www.australianinvestor.com.au/news.asp?id=39653
www.stocknessmonster.com/news-item?S=IMP&E=ASX&N=228142

"Imperial Corporation Limited has completed a US$60.25 million acquisition through the company’s 92% owned subsidiary Empire Energy USA LLC.

As a result of this acquisition, four distinct oil and gas operations are in use in the USA, including work in Kansas, North Dakota, Mayville and Hawthorne.

Empire Energy plans to commence drilling in the newly acquired Kansas region during 2011. "

[Popeye82]

Australia to Expedite Dewatering Works @Flood Affected Mines - MT - Jan 10, 2010
www.mining-technology.com/news/news106631.html?WT.mc_id=DN_N…

"The government of Queensland, Australia, is working closely with flood impacted mines in the state to expedite dewatering works and protect the quality of the water.


Treasurer and acting climate change and sustainability Minister Andrew Fraser said protecting the quality of the water for the communities surrounding flooding catchments is the priority.

"That is why we are working closely with the mines to ensure authorised dewatering activities go ahead while there are high volumes of water to dilute the discharge and minimise the risk of environmental impact," Fraser said.

The government expects around 40 mines to be affected by the widespread rain and flooding and each mine is being individually case managed.

Queensland Mines Minister Stephen Robertson said the state’s growing coal seam gas industry has so far weathered the flooding. "

[Popeye82]

New Millennium to Begin Construction on DSO Project - MT - Jan 10, 2010
www.mining-technology.com/news/news106507.html?WT.mc_id=DN_N…

"Canada's New Millennium Capital will begin construction work on phase I of its direct shipping ore (DSO) project within the next few months.

The company has obtained environmental impact statement approval from the Government of Newfoundland and Labrador, which will allow it to commence the proposed iron ore production by the second quarter of 2012.

Under phase 1, the company will perform mining operations over the Timmins 3N, Timmins 4, Timmins 7 and Fleming 7N deposits in Newfoundland and Labrador.

NML CEO and president Robert Martin said the DSO project will provide significant benefits to the Province of Quebec and the affected aboriginal communities in the provinces.

"We look forward to working with Tata Steels Minerals Canada, the joint venture company responsible for the operation of the mine, to expedite the permitting work in order to start construction this summer," Martin said. "

[Popeye82]

Universal Coal Plc - SB S - Dec 24, 2010
www.universalcoal.com/im/files/broker/stonebridge_research_r…

[Popeye82]

Champion Minerals - Acquires Strategic Iron Properties in the Fermont Iron Ore District, Labrador Trough, Quebec - Jan 10, 2010
http://agoracom.com/ir/ChampionMinerals/forums/discussion/to…

[Popeye82]

Mine Refuge Capsule Clears Stability Tests; A life-saving mine safety capsule that can provide emergency shelter for trapped miners has cleared stability tests in Xi'an, Shaanxi province, China - MT - Jan 10, 2010
www.mining-technology.com/news/news106502.html?WT.mc_id=DN_N…

"A life-saving mine safety capsule that can provide emergency shelter for trapped miners has cleared stability tests in Xi'an, Shaanxi province, China.

The capsule can provide shelter for 12 people for 120 hours during emergency conditions and protect them from blasts and toxic gas, allowing time for rescue, according to Xinhuanet.


Developed by Dongfeng Instrument Factory, the capsule is 6.96m long, 1.78m wide and 1.74m high.

Dongfeng project team leader Ma Jianhua said the capsule can provide food, water and oxygen to miners.

"Miners can also use it to communicate and use its surveillance systems to guide rescuers down the shaft," Jianhua said.

In August 2010, the State Administration of Work Safety and the State Administration of Coal Mine Safety instructed coal mines in China to build and improve underground emergency shelter systems by June 2013. "

[Popeye82]

Philippine Mining Investment to Reach $17bn by 2016 - MT - Jan 10, 2010
www.mining-technology.com/news/news106500.html?WT.mc_id=DN_N…

"Investments in the mining sector of the Philippines are expected to reach $17.3bn by 2016, according to The Philippines Department of Environment and Natural Resources (DENR).


The increased efforts of the government to streamline the permitting process for the industry and elevate the country as an investment area for minerals development are expected to bring in investment inflows.

The government is reviewing the possibility of modifying the existing 'first come, first serve' system of accepting mining applications to a public bidding system.

The DENR said that the country has drawn $560m in investments from priority development and exploration projects since July 2010, and official mining investments reached $2.9bn as of May 2010 since 2004.

As part of investment promotional activities for the sector, the DENR has held the Mining Philippines 2010, Forum of the Philippine Chamber of Commerce and Industries, and the China-ASEAN Business Summit. "

[Popeye82]

Digital Energy Journal - FP - Jan11

+ Drilling: time for better data?

+ Lessons from medicine &military

+ Are you competent in collaboration rooms?

+ Do you challenge your colleagues enough?

+ Computer models to improve safety planning

+ Yuck! Technical details ...
www.findingpetroleum.com/userimages/backissues/DEJ28web.pdf

[Popeye82]

Uranium spot market quiet as China hints @revolutionary advancements ; The first decade of the millennium ended with uranium spot market prices remaining unchanged for a third week after trading in the spot market slowed as traders went on seasonal holidays. Ux Consulting Company reported uranium-oxide concentrate for immediate delivery traded @$62.50 a pound in the week to December 31, an increase of 4.2 percent from the start of the month. The 40 percent surge in spot prices in 2010 was the biggest atomic expansion since the decade after the 1970s oil crisis primarily triggered by investment from China &India to reduce air pollution &power their economies - U308.biz - Jan 7, 2010

- D. Brown -
www.u3o8.biz/s/MarketCommentary.asp?ReportID=436666&_Type=Ma…

[Popeye82]

Tirex Resources - European Bank for Reconstruction &Development (EBRD) Increases Investment in Tirex Resources; EBRD &Tirex Complete Agreement Enabling a 25% Expansion of EBRD's Current Investment; Approximately CAD $2,000,000 of Additional Funding for Advancement of Mirdita VMS Distrit - Jan 05, 2011
www.marketwire.com/press-release/European-Bank-Reconstructio…

[Popeye82]

Globex Mining - Expands its Strategic Chibougamau Copper-Gold-Zinc Land Position - Jan 06, 2011

new Properties:

+ I) The Berringan gold, silver, zinc deposit in McKenzie township consists of 25 claims totalling approximately 382 hectares. The property includes numerous gold and base metal showings and zones including the Berrigan or Taché deposit reported as containing 1.43 million tonnes grading 1.9 g/t Au, 3.31% Zn, between 14 g/t and 380 g/t Ag as well as copper. The resource figure is reported by P. Bédard and S. Desbien of DocuScience Inc. in a report titled "Potentiel de gisements de classe mondiale de type porphyre Cu-Au et zinco – aurifère filonien" in 1998 and should be considered historical in nature, not NI 43-101 conformable and should not be relied upon. Much drilling was undertaken and a ramp was driven into the mineralization in order to take a bulk sample for metallurgical purposes.

+ II) Part of the Jaculet Mine property in Roy township consists of two former mining blocks which were part of the Jaculet Mine property. The claims adjoin Globex's Bateman Bay Mine property and now give Globex two thirds of the mine horizon which runs from the Jaculet Mine to the Bateman Bay Mine. The Bateman Bay Mine property, owned 100% by Globex, has a historical resource reported in government files (32G/16-57) in 1977 as 1.76 % Cu and 4.13 g/t Au and 16.71 g/t Ag to a depth of 183 meters. (This historical resource figure is not NI 43-101 conformable and should not be relied upon.) The claims vastly increase the exploration potential and thus the economic potential of the Bateman Bay Mine property.

+ III) Copper Cliff Mine claims. Globex has acquired a former mining block covering much of what was the southern part of the Copper Cliff Mine property in McKenzie township. The Copper Cliff Mine was a copper-gold producer. It is reported that 864,000 t grading 1.6% Cu, 6.50 g/t Ag and 0.96 g/t Au were mined between 1970 and 1974 and that some resource remains. ...
www.marketwire.com/press-release/Globex-Expands-its-Strategi…

[Popeye82]

Messi erneut "Weltfußballer" - Web.de, ZÜRICH - Jan 10, 2010
http://web.de/magazine/sport/fussball/international/11942238…

[Popeye82]

Mawson Resources - Increases Claim Holdings By 40% @Rompas in Finland - Jan 10, 2010
www.mawsonresources.com/s/NewsReleases.asp?ReportID=436977&_…

[Popeye82]

Amarillo Gold - Metallurgical Update: Studies Show Higher Than Expected Recoveries for the Posse Deposit, Mara Rosa Project - Jan 10, 2011
www.marketwire.com/press-release/Amarillo-Gold-Corp-Metallur…

[Popeye82]

Riverstone Resources - Intersects 20 Metres Grading 3.27 g/t Gold @Nami - Jan 10, 2011
www.marketwire.com/press-release/Riverstone-Intersects-20-Me…

[Popeye82]

Blackline GPS - Former Chairman of BW Technologies Joins Blackline - Jan 10, 2011
www.marketwire.com/press-release/Former-Chairman-of-BW-Techn…

[Popeye82]

Merc International Minerals - Enters Into Binding Option Agreement to Acquire Gold Property in Northwest Territories - Jan 10, 2011
www.marketwire.com/press-release/Merc-Enters-Into-Binding-Op…
http://media3.marketwire.com/docs/110mrk.pdf

[Popeye82]

Global CleanTech 100; ´10 - CleantechGroup - Oct10
http://cleantech.com/research/upload/2010-Global-Cleantech-1…

[Popeye82]

Canada Lithium - Announces $110 Million "Bought Deal" Financing - Jan 11, 2011
www.marketwire.com/press-release/Canada-Lithium-Announces-11…

[Popeye82]

Nemaska Exploration - Provides Update on Drill Program @Its Whabouchi Lithium/Beryllium Project - Jan 11, 2011
www.marketwire.com/press-release/Nemaska-Exploration-Provide…

[Popeye82]

Glen Eagle Resources - Intersects Li2O Values Over 37 Meters in two Drill Holes - Jan 11, 2011
www.marketwire.com/press-release/Glen-Eagle-Intersects-Li2O-…

[Popeye82]

Sustainable Energy Technologies - SUNERGY(TM) Inverters Selected to Power Ontario's Largest Solar Tracker Project to Date - Jan 11, 2011
www.marketwire.com/press-release/Sustainable-Energys-SUNERGY…

[Popeye82]

VMS Ventures - Reports 58.89 Metres of 1.21 g/t Gold Including 9.89 Metres of 5.13 g/t Gold in Diamond Drill Hole SA-10-007, Sails Lake Property Near Snow Lake, Manitoba - Jan 11, 2011
www.marketwire.com/press-release/VMS-Ventures-Reports-5889-M…

[Popeye82]

African Eagle Resources Plc - Dutwa resource upgrade - Jan 11, 2010

HL:

+ 46.2 million tonnes (Mt) @0.93% nickel and 0.03% cobalt (of the total Dutwa Project 98.6Mt) now in the JORC indicated category.

+ Grade increase for the tonnes upgraded to indicated from 0.90% Ni to 0.93% Ni.

+ 47% of the total Dutwa resource is now in JORC indicated category &more will be upgraded after further drilling @Ngasamo later in the year.

+ Indicated resources can be used to derive probable mining reserves for the pre feasibility study, due for completion by Q3, 2011. ...
www.africaneagle.co.uk/n/news_display.asp?Id=201101/1478652

[Popeye82]

Mindax - Busiest Ever Field Season Already Underway for ´11; Six Rigs Drilling for Iron, Uranium &Copper Gold - Jan 11, 2011

HL:

+ Early start to big 2011 exploration season.

+ Iron Ore Mt Forrest – Four rigs drilling to upgrade inferred JORC magnetite resource (1.01 billion tonnes @31.3%) -100 holes for 10,500 m.

+ Uranium Mukinbudin (Yandegin) – Drilling @the Yandegin Prospect to further define significant uranium mineralisation which has returned a peak value of 0.63% U3O8 (5,368 ppm U) over a metre.

+ Uranium Mukinbudin (Jindarra) – Same rig to further test significant uranium mineralisation @Jindarra Prospect.

+ Uranium Total – 150 holes for 15,000 m in very promising ground, already with demonstrated high levels of uranium mineralisation.

+ Copper Gold Mortlock – One rig drill testing significant geophysical targets identified from 3D modelling beneath extensive regolith copper geochemical blanket - 3 holes for 750 m.

+ Advanced targets in Iron &Uranium confirm Mindax’s position as a successful diversified explorer with the ability to take projects from exploration to resource &towards production. ...
www.stocknessmonster.com/news-item?S=MDX&E=ASX&N=524103

[Popeye82]

Tanzanite One - Tsavorite Maiden JORC Resource Statement; Tanzania - Jan 10, 2011

HL:

+ Maiden JORC compliant Inferred Resource of 7.6 to 10.4 million bank cubic metres ("bcm") or approximately 18.2 to 24.9 million tonnes

+ Maiden JORC compliant Indicated Resource of 0.89 to 2.17 million bcm or approximately 2.1 to 5.2 million tonnes located within Inferred Resource

+ Average Tsavorite grade of 1.6 carats per loose cubic meter ("lcm") for the Indicated Resource

+ Estimated 1.4 &3.5 million carats of tsavorite located within Indicated Resource only

+ Further Resource statement expected in Q2 2011, following second phase bulk sampling
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Kilo Goldmines - Drilling Intersects 2.38 g/t Gold Over 89.45 Metres on the Adumbi Prospect, Somituri Project, DRC - Jan 05, 2011
www.marketwire.com/press-release/Kilo-Drilling-Intersects-23…

[Popeye82]

MicroVision - Demonstrates Mini-Tablet with Embedded Projector; Created with the PicoP Development Kit, the prototype combines best attributes of smartphones &tablets with embedded laser projector for exciting new mobile user experiences - Jan 5, 2010
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-ne…


Frees Mobile Gaming from the Small Screen; Company's laser projection technology uniquely suited for new iOS4 games with immersive six-axis movement &video-out - Jan 5, 2010
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-ne…

[Popeye82]

Magellan Minerals - Drills 108.5m @0.93g/t Gold @Central Target, Cuiu Cuiu &Extends Mineralization to 350m Below Surface - Jan 05, 2011
www.marketwire.com/press-release/Magellan-Drills-1085m-093g-…

[Popeye82]

Migao - to Construct 100,000 Tonne Specialty Compound Fertilizer Facility @New Zunyi Location; Follows success of Migao's Sichuan-based Compound Fertilizer Operation - Jan 05, 2011
www.marketwire.com/press-release/Migao-Construct-100000-Tonn…

[Popeye82]

Indonesia to Augment Coal Production in 2011; Indonesian coal companies will increase their coal production rate by 23% in 2011 to meet growing domestic &global market demand - MT - Jan 5, 2010
www.mining-technology.com/news/news106146.html?WT.mc_id=DN_N…

[Popeye82]

Zambia on Track to Reach Copper Target by 2012 - MT - Jan 5, 2010
www.mining-technology.com/news/news106139.html?WT.mc_id=DN_N…

"The Zambian mining sector is on track to reach its annual production target of one million tons by 2012, according to the country’s Chamber of Mines.


The Chamber is expecting increased investment in the sector during 2011, driven by high global copper prices, reports Reuters.

Chamber of Mines president Nathan Chishimba said the country received $2bn in mining investment in 2010 and will continue to attract further investment going forward in view of Zambia’s stable tax policies.

The government agreed in November 2010 to continue the existing mining tax for the next ten years to provide stability to mining investors. "

[Popeye82]

Peninsula Energy to Develop Uranium Recovery Facility in US; Peninsula Energy is planning to construct &operate an in-situ uranium recovery facility @its Ross ISR project, located near Oshoto, in north-eastern Wyoming, US - MT - Jan 5, 2010
www.mining-technology.com/news/news106136.html?WT.mc_id=DN_News
www.stocknessmonster.com/news-item?S=PEN&E=ASX&N=523416

"Peninsula Energy is planning to construct and operate an in-situ uranium recovery facility at its Ross ISR project, located near Oshoto, in north-eastern Wyoming, US.


The facility will comprise wellfields, pipelines and a central plant to process extracted uranium into yellowcake for commercial use in nuclear power plants.

The company, through its subsidiary Strata Energy, has submitted an application to the US Nuclear Regulatory Commission for a combined source and 11e.(2) byproduct material licence to begin the work.

The application was submitted after 25 months of drilling, baseline testing, data analysis, resource modelling, process design and public outreach, the company said.

Peninsula aims to commence uranium mining at the Ross project in 2012. "

[Popeye82]

Indonesian Mining Records $2.28bn in Investments in 2010 - MT - Jan 4, 2010
www.mining-technology.com/news/news106014.html?WT.mc_id=DN_N…

[Popeye82]

India to Amend the Mines Act - MT - Jan 4, 2010
www.mining-technology.com/news/news106011.html?WT.mc_id=DN_N…

"The Indian Government is proposing to amend the 1952 Mines Act to regulate working conditions of miners and provide them with increased safety and welfare measures.


The union cabinet has approved the introduction of a bill in Parliament for the proposed amendment, which will make the law more stringent for mine owners by enhancing penalties by 100 times .

Labour Secretary Prabhat Chaturvedi said the government felt the need to realign the act in line with the present realities – rapid developments in the area of technology, scale of operations and working environment – in the mining industry.

"This will ensure safety and welfare of all those who work in exploration activities in deep sea as the jurisdiction will now be extended to 200 nautical miles in the Continental Waters," Chaturvedi said. "

[Popeye82]

ASP Technology - Unveils Anti Sleep Pilot @2011 International CES; Portable In-Car Driver Safety System Combines Patented Technology, Advanced Sleep Science Research, &Danish Engineering to Prevent Fatigue-Related Traffic Accidents - Jan 6, 2010
www.marketwire.com/press-release/ASP-Technology-Ltd-Unveils-…

[Popeye82]

Wealth Minerals - Acquires Approximately 6,000 Hectares of Ground Surrounding Its Rodeo de los Molles Rare Earth Deposit, San Luis Province, Argentina; Secures Dominant Land Position in Emergent Rare Earth District - Jan 04, 2011
www.marketwire.com/press-release/Wealth-Acquires-Approximate…
http://media3.marketwire.com/docs/wml14-map.pdf

[Popeye82]

Nemaska Exploration - Announces $3.7 Million Private Placement With Chinese Strategic Investor - Jan 04, 2011
www.marketwire.com/press-release/Nemaska-Exploration-Announc…

[Popeye82]

East Asia Minerals - Miwah Gives 2.8 g/t Gold Over 25 Metres, Within 210 Metres of 0.61 g/t Gold Starting From Surface; Sipopok Scout Drilling Encounters Miwah-Type Horizon - Jan 11, 2011
www.marketwire.com/press-release/East-Asias-Miwah-Gives-28-g…

[Popeye82]

Revolutionary Technology Breakthrough for Iron and Vanadium Process - Australianinvestor - 10-Jan-2011
www.australianinvestor.com.au/news.asp?id=39652
www.stocknessmonster.com/news-item?S=TNG&E=ASX&N=523969

"Australian company TNG Limited (TNG) has agreed with its co-owner to apply jointly for full international patent protection on its revolutionary hydrometallurgical process.

The new process is suitable for extracting vanadium, titanium and iron from titanomagnetite ores, and has had successful trials on Australian deposits.

The technology is a lower cost alternative to the conventional pyrometallurgical process, and is also more environmentally friendly. "

[Popeye82]

Mountain Lake Resources - New resource estimate completed for Leprechaun Deposit; Two drills to commence 25,000m drill program in January - Dec 16, 2010

HL:

+ strike length of resource is now 750 m with an additional 750 m of gold mineralization ready for drilling

+ resource is open down-dip &along strike to the southwest &northeast

+ 74% of the M+I ounces &73% of tonnes are within 150 m of surface where the 2010 drill holes were concentrated

+ 25,000 m drill campaign using two drill rigs planned for 2011

+ drilling to commence in January on the northeast arm of the Leprechaun Deposit, &the Sprite Prospect &Valentine East Gold Zones

+ plans for 2011 also include: further metallurgical testing, drilling of geotechnical holes to assess the competency of potential pit walls so that a preliminary economic assessment can be completed by the 1st quarter of 2012, &base line environmental studies will also commence ...
www.mountain-lake.com/2010_MOA_news/MOA-NR-121610_VLake-Reso…

[Popeye82]

NuCoal Resources NL - Progress Report - updated JORC Report - Dec 16, 2010

HL:

+ Substantial increase in JORC-compliant coal resource from 420.3mt to 497.7mt of premium quality semi soft coking coal &premium thermal coal;

+ Inclusion of 12.9mt @Indicated status;

+ Increase in the exceptional quality Whynot seam to 85.3mt;

+ Inclusion of the 5th seam, the West Borehole to the resource base adding 59.5mt. The Australasian Montrose seam will be included in the next statement after further quality data is obtained;

+ Decrease in raw ash for the Whybrow, Redbank Creek &Woodlands Hill seams from the June resource report;

+ An increase of data points in the estimation from 20 to 28. The database now includes 11 of the recently drilled holes;

+ Training mine will be supported by commercial production activities which will provide the necessary finance to develop the facility ...
www.stocknessmonster.com/news-item?S=NCR&E=ASX&N=520787

[Popeye82]

WikiLeaks reveals backdoor deals in mining industry; A leaked US government cable reveals the behind-the-scenes fight by BHP Billiton to destroy a $21 billion deal between its rival Rio Tinto &Chinalco, owned by the Chinese government, The Sydney Morning Herald reports - MA/SMH - Dec 13, 2010

- Jessica Burke -
www.miningaustralia.com.au/news/wikileaks-reveals-backdoor-d…

[Popeye82]

U.S. in Worse Shape than Europe: China; The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the euro zone's troubles but America's fiscal health is worse than Europe's, an adviser to the Chinese central bank said on Wednesday - ML/Reuters - Dec 9, 2010

- Zhou Xin, Simon Rabinovitch &Kevin Yao -
www.midasletter.com/index.php/u-s-in-worse-shape-than-europe…

"The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the euro zone’s troubles but America’s fiscal health is worse than Europe’s, an adviser to the Chinese central bank said on Wednesday.

Li Daokui, an academic member of the central bank’s monetary policy committee, said that U.S. bond prices and the dollar would fall when the European economic situation stabilized.

“For now, market attention is still on Europe and for the coming 6-12 months, it will not shift to the United States,” Li said, when asked about U.S. President Barack Obama’s plan to extend tax cuts for all Americans.

“But we should be clear in our minds that the fiscal situation in the United States is much worse than in Europe. In one or two years, when the European debt situation stabilizes, attention of financial markets will definitely shift to the United States. At that time, U.S. Treasury bonds and the dollar will experience considerable declines.”

U.S. Treasury prices fell sharply for a second day on Wednesday as the proposed tax deal sparked concerns over the government’s ability to service its massive debt burden. Moody’s Investors Service said it is worried the tax cuts could become permanent, hurting U.S. finances and credit ratings in the long run.

In Europe, Ireland’s parliament passed the first in a series of resolutions underpinning its 2011 austerity budget on Tuesday, marking the first step in a lengthy approval process. But investors are now worried that the region’s debt crisis could engulf Portugal next, or Spain.

China has a big stake in the performance of dollar assets. The country holds the world’s biggest stock pile of foreign exchange reserves at $2.64 trillion and an estimated two-thirds of that is invested in dollar assets, including U.S. Treasuries.

The State Administration of Foreign Exchange (SAFE), an arm of the central bank, is responsible for managing the reserves.

Li was speaking on the sidelines of a financial forum in Beijing. He sits on the monetary policy committee of the central bank but does not have real influence on key decisions on interest rates and the yuan.


Robust China Growth

China’s annual economic growth will exceed 9.5 percent in 2011 and will remain above 9 percent through the coming decade, Li told the forum.

The long-term growth outlook would be underpinned by the need to continue investing in infrastructure, he said.

“China has a vast domestic demand that is untapped, and that’s the fundamental difference between China now and Japan in 1985,” Li told a forum.

In addition, China would have to spend a lot on “low carbon” industries, lending more support for the economy, he said.

Li also predicted that global commodities prices, including oil, would rise sharply next year.

Speculation about a Chinese interest rate rise in the coming days has intensified after an official newspaper flagged the chances of an imminent move amid expectations of rising inflation in November.

Asked whether the central bank should raise interest rates, Li said it should take steps to protect depositors.

Concerns about hot money inflows would be a factor when the central bank starts considering whether to raise interest rates, he added. "

[Popeye82]

Perdaman Wins $11.8 Billion Urea Offtake Deal for Gasification; Australia-based Perdaman Chemicals &Fertilizers announced October 13 that it signed an offtake agreement with Incitec Pivot Limited (IPL) for the entire output of granular urea fertilizer from its proposed A$3.5 billion (US$3.47 billion) “Collie” coal-gasification plant - WF - Oct 14, 2010
www.nucoalenergy.ca/news/315/
www.stocknessmonster.com/news-item?S=IPL&E=ASX&N=343541
www.perdaman.com.au/media/11367/perdaman%20incitec%20pivot%2…

[Popeye82]

Bezant Resources Plc - Resource Update - Dec 17, 2010

HL:

+ Maiden Independent Ore Reserve and Mineable Inventory Statement produced by Mining Plus (Perth) in accordance with the JORC Code, based on the historic resource estimate independently provided by Snowden in July 2009

+ Probable Ore Reserves of 189 million tonnes @0.46% Copper &0.49g/t Gold

+ Total Recoverable Metal Reserves of 811,000 tonnes of Copper &2,210,000 ounces of Gold

+ Mineable Inventory increased to 389 million tonnes @0.38% Copper &0.42g/t Gold

+ Total Mineable inventory of 1.4 million tonnes of Copper &3.9 million ounces of Gold ...
http://bezantresources.com/announcement/563815389334008

[Popeye82]

Russia &United States Cooperating on Low Enrichment Uranium Initiative; The United States &Russia signed an agreement to conduct feasibility studies (FS) in order to convert Russian research nuclear reactors to using low-enriched uranium. A number of research reactors in the U.S. have already been converted, as part of the non-proliferation initiative in order to diminish the presence of highly enriched uranium which could also be utilized in the manufacturing of nuclear weapons - U308.biz - Dec 8, 2010

- D.Brown -
www.u3o8.biz/s/MarketCommentary.asp?ReportID=432504&_Type=Ma…

[Popeye82]

Treasury Metals - Commences 20,000 Metre Diamond Drilling Program - Dec 08, 2010
www.marketwire.com/press-release/Treasury-Metals-Commences-2…

[Popeye82]

Search for SA phosphorous is on; Flinders Exploration is aiming to become South Australia's first underground phosphorous miner following exploration early next year - MA - Nov 22, 2010
www.miningaustralia.com.au/news/search-for-sa-phosphorous-is…

[Popeye82]

Faster, Better, Harder ; A new compact continuous miner is opening up possibilities for what was previously uneconomical coal - MA - Nov 22, 2010
www.miningaustralia.com.au/news/faster-better-harder?utm_sou…

"As the capability for underground coal mining increases, companies are looking to mine difficult seams that were once thought uneconomical.


To service this need, Bucyrus has developed a new more compact continuous miner to tackle these seams.

Weighing in at approximately 61 tonnes, the new Bucyrus 25C continuous miner integrates the rugged features of the 25M series while adding new technological enhancements.

The 25C features the latest machine control system with large transmitters.

A new generation hydraulic system features pressure and flow on demand as well as fewer components.

It is equipped with a 164kW variable frequency drive (VFD) traction control for higher speeds and greater control as well as greater torque to ground control, which combined with the machine geometry facilitates cross cut turning.

Both the hydraulic and VFD systems provide the miner with greater overall machine protection.

It operates a broad range with maximum rated cutting head power.

The machine comes with two 205kW cutter head motors and is the most powerful continuous miner in its class.

The cutter head motors are protected by a torque limiting clutch which prevents damage in the event of a rock strike.

The high strength steel drums feature 5.1 cm thick walls with a maximum bit tip standoff.

The compact continuous miner is designed to operate in tunnels with heights of between .86 to 3 metres in low to mid seams with hard cutting conditions such as rock inclusions.

The robust main frame of the machine uses 75mm steel plates, which according to Bucyrus are 50% thicker than its direct competitors.

The heavier, rigid frame of the machine allows for more efficient cutting when sumping at the top of the seam and ripping to the bottom.

Its support frame is fabricated from high strength steel and has massive steel legs measuring approximately 15.25cm thick.

Having not only the largest in class boom pivot bores, the continuous miner also features hardened steel pins and replaceable bushings.

The 25C has a 96.5cm conveyor which provides higher throughput with bi-directional discharge forming an integral part of the main frame.




An hydraulic take up maintains proper chain tension for all conveyor positions and extends chain life.

The compact miner is designed for easy maintenance with independent cutter heads, traction, control systems and wethead technology. "

[Popeye82]

Aurora Resources Estimate More than Doubles - AI - 12-Jan-2011
www.australianinvestor.com.au/news.asp?id=39670
www.stocknessmonster.com/news-item?S=EVE&E=ASX&N=524220

"An updated resource estimate for Energy Ventures Limited’s Aurora uranium deposit has been completed &defined a total resource of 37.9 Mlb U3O8.

The resource contains a high grade portion of 18.4 Mt @444ppm eU3O8.

The new resource is based on historical drilling and assay data obtained by Energy Ventures, &a diamond drilling program is currently in progress to further validate the resource. "

[Popeye82]

Reed Resources Acquires Meekatharra Gold Project - AI - 12-Jan-2011
www.australianinvestor.com.au/news.asp?id=39671
www.stocknessmonster.com/news-item?S=RDR&E=ASX&N=524213

"Reed Resources Limited has announced the acquisition of 100% of tenements and assets held by Mercator Gold Australia Pty Ltd for $A26.7 million and 2 million Reed Resources shares.

The Meekatharra Gold Project was a key asset in the acquisition. It is a tenement of over 800km² and has a JORC compliant gold resource of 2.5million oz with significant potential for expansion.

Reed Resources also acquired significant infrastructure in the deal, including a processing plant and a diesel power plant. "

[Popeye82]

Bonanza Grade Gold Mineralisation @Hera - AI - 12-Jan-2011
www.australianinvestor.com.au/news.asp?id=39676
www.stocknessmonster.com/news-item?S=YTC&E=ASX&N=524238

"YTC Resources Limited (YTC) has intersected bonanza grade gold &base metal mineralisation during resource extension drilling @its Hera gold project.

Highlights from drilling include 10.2m @68.3g/t gold, &4.2m @164g/t gold.

Drilling is being undertaken to both extend the resource as well as upgrade the resource classification. "

[Popeye82]

GBM Resources - Airborne Magnetic Data Extends Milo IOCG Potential - Jan 12, 2011

Key points from initial examination of this model in conjunction with other available data are:

+ Model shows the magnetic feature associated with Milo mineralisation extends further to the South East &North West.

+ Initial field inspection has confirmed that alteration and mineralisation does extend to the south east.

+ Magnetite (likely source of magnetic anomalies) shows a general correlation with copper mineralisation in data available from drilling completed to date.

+ Drill testing of this area may result in an increase to the recently released initial exploration target of between 30Mt &80Mt within a grade range of 0.8% &1.2% Cu equivalent.

+ The Milo area appears to be part of a large semicircular magnetic feature containing several other magnetic highs which require follow up field work. ...
www.stocknessmonster.com/news-item?S=GBZ&E=ASX&N=524259

[Popeye82]

Ascot Resources - Drills 496.0 Meters of 0.459% Copper in Drill Hole Eleven on the Mt. Margaret Property - Jan 12, 2010
www.marketwire.com/press-release/Ascot-Resources-Drills-4960…

[Popeye82]

TintinaGold Resources - Drills 46.6m Thick Cu/Co/Ag Zone on Its Sheep Creek Property, Montana, USA; Drill hole SC10-006 encounters 46.6 meters @2.56% Cu &0.11% Co &13.5 g/tonne Ag in the Strawberry East mineralized area - Jan 12, 2011
www.marketwire.com/press-release/TintinaGold-Drills-466-Mete…

[Popeye82]

Pleite abgewehrt; Portugal nimmt frisches Geld am Kapitalmarkt auf - W:O/DPA, LISSABON/BRÜSSEL - Jan 12, 2010
www.wallstreet-online.de/nachricht/3082445-pleite-abgewehrt-…

[Popeye82]

Geithner warns Beijing on currency policies; China's currency is substantially undervalued and Beijing is moving too slowly to fulfill its promise to let it rise, Treasury Secretary Timothy Geithner said Wednesday; Geithner said it's in China's own interests to accelerate the pace of currency reform. He said the undervalued yuan is increasing the risk of inflation that will harm Chinese growth - FY/AP, WASHINGTON - Jan 12, 2010
http://finance.yahoo.com/news/Geithner-warns-Beijing-on-apf-…

[Popeye82]

Cardia Sets Up Subsidiary to Commercialise New Technology - AI - 12-Jan-2011
www.australianinvestor.com.au/news.asp?id=39678
www.stocknessmonster.com/news-item?S=CNN&E=ASX&N=228184

"Cardia Bioplastics has established a 100% subsidiary CO2STARCH Pty Ltd as a vehicle to commercialise the company’s patented novel CO2 polymer – starch blending technology.

The technology uses CO2 emissions as a substitute for oil and then blends them further with starch as another substitute for oil to create a renewable and sustainable bioplastic with less reliance on fossil fuels.

Cardia launched the world’s first CO2 + Starch biodegradable carry bags in October 2010 and has since received much interest in the technology from international organisations. "

[Popeye82]

Large Scale Shallow Silver Intercepts at White Rock North Prospect - AI - 12-Jan-2011
www.australianinvestor.com.au/news.asp?id=39675
www.stocknessmonster.com/news-item?S=WRM&E=ASX&N=348711

"White Rock Minerals Limited (WRM) has had large scale shallow intersections of silver at its White Rock North prospect, in its 100% owned Mt Carrington gold-silver-copper project.

Best results from the drilling included 269m at 30g/t silver and 0.14g/t gold, as well as 149.6m at 30g/t silver.

Further drilling will occur in 2011 to follow up the results. "

[Popeye82]

Renewable BioSystems - Sells First Waste Oil Extraction Machine in North America - WF - Jan11
www.worldfuels.com/archives/Ethanol-Biofuels-News/XXIII/2/Re…

[Popeye82]

New Zones of Heavy Rare Earth Mineralisation @Mount Muambe - AI - 12-Jan-2011
www.australianinvestor.com.au/news.asp?id=39669
www.stocknessmonster.com/news-item?S=GBE&E=ASX&N=524215

"Globe Metals and Mining has announced that their rock chip sampling program has identified numerous new zones of HREO enriched mineralisation.

Many of the samples show high HREO grades and ratios of sought after elements dysprosium and europium, found at 426ppm and 198ppm respectively.

Prices for these two elements have risen astronomically over the past five years to $640/kg for europium and $305/kg for dysprosium.

There is now a significant REO exploration program planned for Mount Muambe in 2011. "

[Popeye82]

Amazon Mining Holding Plc - Closes Cdn$10 Million Private Placement Financing - Jan 11, 2011
www.marketwire.com/press-release/Amazon-Mining-Closes-Cdn10-…

[Popeye82]

Clean Air Power - Supply Agreement with Volvo - Jan 12, 2010
http://uk.finance.yahoo.com/news/Clean-Air-Power-Ltd-Supply-…

[Popeye82]

First Gold Exploration - Continue to Expend Rose Deposit - Jan 11, 2011
www.marketwire.com/press-release/First-Gold-Continue-to-Expe…

[Popeye82]

Strathmore Minerals - Commences Scoping Study @Its Church Rock Uranium Deposit, New Mexico - Jan 11, 2011
www.marketwire.com/press-release/Strathmore-Commences-Scopin…

[Popeye82]

Crazy Horse Resources - Intersects 271m @0.49% Cu, 0.09 g/T Au &1.7 g/T Ag in Drill Hole CZT006 - Jan 11, 2011
www.marketwire.com/press-release/Crazy-Horse-Intersects-271m…

[Popeye82]

Inmet Mining &Lundin Mining to merge in new company to be called Symterra - FY/CP, TORONTO - Feb 12, 2010
http://ca.finance.yahoo.com/news/Inmet-Mining-Lundin-Mining-…

[Popeye82]

ZincOx Resources Plc - Korean Recycling Plant Financing - Dec 13, 2010
www.zincox.com/userfiles/file/101213%20Korean%20Recycling%20…

[Popeye82]

Identifying Top Seeds in the Potash Boom - IBT/TER - Dec 9, 2012

- Karen Roche &Brian Sylvester -
www.ibtimes.com/articles/90732/20101210/potash-oil-gas.htm

[Popeye82]

As China moves to free up yuan, investors want more; State-owned Bank of China Ltd's move to offer limited deposit services in the renminbi to U.S. customers represents a tiny step in what will be a long journey for the Chinese unit to become a widely-traded international currency - IBT - Jan 12, 2010

- By Gertrude Chavez-Dreyfuss -
www.ibtimes.com/articles/100426/20110112/as-china-moves-to-f…

[Popeye82]

India to Renovate Bureau of Mines; The Indian Government has established a panel to renovate the Indian Bureau of Mines (IBM) for enhancing its role to meet the projected growth in the mining sector, including increased inflow of capital - MT - Dec 9, 2010
www.mining-technology.com/news/news104377.html?WT.mc_id=DN_N…

"The Indian Government has established a panel to renovate the Indian Bureau of Mines (IBM) for enhancing its role to meet the projected growth in the mining sector, including increased inflow of capital.


The country's Minister of Mines, BK Handique, said the IBM will have to reinvent itself from being a mere regulatory authority to become a techno-economic facilitator for orderly growth of the mineral sector, reports tradingmarkets.

A committee has been set up to restructure the IBM to enable it to meet future challenges and facilitate proper implementation of the new mineral policy.

The IBM is handling the task of promoting systematic and scientific development of mineral resources of the country by means of regulatory inspections of the mines, approval of mining plans and environment management plans. "

[Popeye82]

ORD River Resources - Laos Yuqida Drilling Work Completed - 7,000 meters drilled - Jan 7, 2010
www.stocknessmonster.com/news-item?S=ORD&E=ASX&N=620212

[Popeye82]

Innovotech - Testing Contributes to FDA Market Clearance for Anti-Microbial Coated Catheter - Nov 02, 2010
www.marketwire.com/press-release/Innovotech-Testing-Contribu…

[Popeye82]

MorphoSys gibt klinischen Meilenstein aus strategischer Allianz bekannt - Jan 12, 2010
http://de.finance.yahoo.com/nachrichten/MorphoSys-gibt-klini…

[Popeye82]

Consolidated Thompson Iron Mines - to be Acquired by Cliffs Natural Resources Inc. for C$17.25 per Share in Cash Representing a Transaction Value of Approximately C$4.9 Billion - Jan 11, 2011

HL:

+ Unanimous recommendation of CLM's Board of Directors

+ Wuhan Iron &Steel (Group) Corporation, CLM's largest shareholder @approximately 19%, has agreed to vote in favour of the Arrangement

+ Directors, senior officers &other insiders have agreed to vote in favour of the Arrangement

+ Implied premium of 30% to both closing share price &20-day volume weighted average trading price as @January 10, 2011 ...
www.marketwire.com/press-release/Consolidated-Thompson-Iron-…

[Popeye82]

Major Indian Firms to Bid for Afghanistan Mine; Major Indian steel firms are planning to bid for Hajigak Mine in Afghanistan, which is estimated to contain 1.8 billion tonnes of iron ore deposits, according to Indian Mines Secretary Vijay Kumar - MT - Jan 12, 2010
www.mining-technology.com/news/news106931.html?WT.mc_id=DN_N…

"Major Indian steel firms are planning to bid for Hajigak Mine in Afghanistan, which is estimated to contain 1.8 billion tonnes of iron ore deposits, according to Indian Mines Secretary Vijay Kumar.

The firms, including Tata, Essar, SAIL, Jindal and RINL, have expressed their interests in bidding for the iron ore mine, which is located in the Bamiyan province, 130km west of Kabul.

"They may either bid jointly or proceed independently," Vijay Kumar told PTI news.

Indian Mines Minister BK Handique said the ministry would extend all the required support to these firms in collaboration with the Ministry of External Affairs for the proposed venture.

The Afghanistan Government has invited an expression of interest to develop Hajigak Mine, which is a part of the country's huge proven reserves and worth an estimated $3trn. "

[Popeye82]

Australian Mines to Acquire Nigeria Gold - MT - Jan 12, 2010
www.mining-technology.com/news/news106791.html?WT.mc_id=DN_N…
www.stocknessmonster.com/news-item?S=AUZ&E=ASX&N=523967

[Popeye82]

Canaco Resources - Tosca Mining Discovery Hole @Canaco's Harvest Project in Ethiopia Intersects 52.1 Metres @1.55 Grams Gold Per Tonne &4.10% Copper - Jan 6, 2011
http://finance.yahoo.com/news/Discovery-Hole-at-Canacos-ccn-…

[Popeye82]

Taseko Finds Niobium Deposit Near Mackenzie; Assay results indicate strong potential for development of a major niobium deposit @its wholly-owned Aley Project - Jan 10, 2010
http://resourceworld.com/newsletter/?p=198

[Popeye82]

BE Resources - Requests Permit Modification for 20 Additional Drill Holes @Its Warm Springs Beryllium Project - Jan 12, 2011
www.marketwire.com/press-release/BE-Resources-Requests-Permi…

[Popeye82]

Victory West Moly - USSU Nickel Project – Drilling Progress Update - Jan 11, 2011

+ A total of 27 holes (600m of drilling) completed

+ High grade saprolite horizon thicker than expected ...
www.stocknessmonster.com/news-item?S=VWM&E=ASX&N=524081

[Popeye82]

Andover Ventures - Announces Sun Work Plan for 2011 - Jan 12, 2011
www.marketwire.com/press-release/Andover-Announces-Sun-Work-…

"VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 12, 2011) - Andover Ventures Inc. ("Andover" or the "Company") (TSX VENTURE:AOX)(OTCBB:AOVTF)(FRANKFURT:R2X) is undertaking a new resource calculation for the SUN project located in the Ambler Mining District in Northwest Alaska. The Company's 100% owned silver-copper-lead-zinc-gold VMS (volcanic massive sulphide) prospect is located on approximately 17,980 acres of land. The VMS style mineralization has been drilled on approximately three kilometres of strike but the highly prospective meta-volcanic Ambler Schist Belt has been traced approximately another 16 kilometres on the Andover claim block.

The Ambler District, as recognized by Metals Economics Group, is one of the worlds largest undeveloped copper-zinc districts. The Ambler District has three known principal VMS deposits within the District. The largest is the Arctic, owned by NovaGold Resources Inc., the smallest is the Smucker, owned by Teck Resources Limited and the SUN is owned by Andover.

The Historical Four Volume Pre-feasibility Study on the Sun Deposit (Pre NI 43-101) conducted for Anaconda Copper Mining Company in 1977 by Canadian Mine Services Ltd., Kilborn Engineering (B.C.) Ltd., and Swan Wooster Engineering Co. Ltd., and projected the following resources. These historic resource calculations were done prior to the implementation of NI 43-101 and are not compliant with NI 43-101 and therefore should not be relied upon.

Tons - Silver - Copper - Lead - Zinc

Open pit 2,399,000 2.39 opt 1.93% 1.20% 4.51%
Underground 17,891,000 2.37 opt 1.91% 1.18% 4.46%


The new resource calculation will include the data from the successful 20 hole drill program conducted by Andover during the 2007 field season.

Planning for the 2011 drill season is also underway. Andover's 2007 drill program was focused on the Main SUN target and this years program is being designed to test the S.W. SUN and to further extend the Main SUN Deposit towards Picnic Creek to the Northeast.


North Western Alaska Corridor

The State of Alaska, Department of Transportation and Public Facilities (Northern Region) has commissioned and received a completed report by DOWL HKM consultants from Anchorage, Alaska on preliminary corridor alternatives to open up Western Alaska. The Report titled "Western Alaska Access Planning Study" was completed in 2010.

The proposed road corridor would connect the Fairbanks area to the Sewart Peninsula. The study identified communities and resources that would benefit from the estimated project cost of between $2.3 to $2.7 billion, for the 500 mile long corridor.


The benefits, as outlined in the study, of this transportation corridor include;

+ Lower passenger transportation costs

+ Lower fuel delivery costs

+ Lower freight and mail delivery costs

+ Lower mining/resource and development costs

+ Lower energy and power infrastructure costs

+ Increased jobs, income and access to services for local villages


Public meetings are currently being conducted in most of the communities affected. Meetings are also being conducted with Tribal organizations and City governments, Regional and Village Native Corporations, mine owners and other interested parties.


Andover's Board of Directors

Dr. David A. Hedderly-Smith PhD., P.G. has been appointed to Andover's Board of Directors. Dr. Hedderly-Smith has his B.S. (Geology) from Western Washington University, his M.S. (Geological Sciences) from the University of Washington, and his PhD (Geology/ Geochemistry) from the University of Utah.

Dr. Hedderly-Smith is a "QP" under Canadian Securities NI 43-101, a Fellow of the Society of Economic Geologists, a Member of the Society for Geology Applied to Mineral Deposits and a member of several other regional technical associations or societies. He is a licensed Professional Geologist in the State of Utah.

Andover has granted 250,000 options to purchase common shares in the Company to Dr. Hedderly-Smith exercisable at .70 cents per share for a period of 5 years.


About Andover:

Andover Ventures is a precious and base metal exploration and development company, headquartered in Vancouver, British Columbia, Canada. Andover Ventures holdings are located in the historic East Tintic Mining District, Utah, USA, and the polymetallic rich Ambler Mining District, located in Alaska, USA.

ON BEHALF OF THE BOARD

Gordon Blankstein, CEO and Chairman "

[Popeye82]

FerroWest - General Update - Dec 22, 2010
www.stocknessmonster.com/news-item?S=FWL&E=ASX&N=521996

[Popeye82]

Minco Gold - Acquiring a Producing Gold Mine in China - Jan 13, 2011
www.marketwire.com/press-release/Minco-Gold-Acquiring-a-Prod…

[Popeye82]

Rio Novo Gold - Announces Board and Management Appointments &Provides Update on the Development of Its Almas Gold Project - Jan 13, 2011
www.marketwire.com/press-release/Rio-Novo-Gold-Announces-Boa…

[Popeye82]

Macusani Yellowcake - Announces Continued Success With Step-Out, High Grade Intersections @Kihitian Uranium Property, Peru - Jan 12, 2011
www.marketwire.com/press-release/Macusani-Yellowcake-Announc…

[Popeye82]

South American Silver - Provides Project Update - Jan 12, 2011
www.marketwire.com/press-release/South-American-Silver-Provi…

[Popeye82]

AQM Copper - Announces the Initial Zafranal Main Zone NI 43-101 Resource - Jan 13, 2011

+ Measured &Indicated Resource (0.2% Cu Total cut-off) -301Mt @0.47% CuT &0.08 g/t Au;

+ Additional Inferred Resource (0.2% Cu Total cut-off) -51Mt @0.32% CuT &0.06 g/t Au ...
www.marketwire.com/press-release/AQM-Copper-Announces-the-In…

[Popeye82]

Mindoro Resources - Drills Strong Nickel Intersections of Potential Economic Interest; New drilling results including intersections of 6.5m @1.46% nickel &7.3m @1.26% nickel; Deal signed to acquire significant new area of nickel laterite mineralization - Jan 12, 2011
www.marketwire.com/press-release/Mindoro-Drills-Strong-Nicke…

[Popeye82]

Chariot Oil &Gas - Resource Update; Increase of 3.1 billion barrels to a new total of 13.2 billion barrels of Gross Unrisked Mean Prospective Resources; Mega Structure Identified - Jan 13, 2011
www.chariotoilandgas.com/press.aspx

[Popeye82]

Sustainable Energy Technologies - Alternate Power International Selects SUNERGY(TM) Inverters for Projected 5MW of High Yield Tracker Installations in 2011 - Jan 13, 2011
www.marketwire.com/press-release/Sustainable-Energy-Technolo…

[Popeye82]

Champion Minerals - Drills 168.4 Meters @30.3% Iron on Their New Discovery @Harvey-Tuttle Claim Blocks; NI 43-101 Inferred Resource Estimates For Harvey Tuttle In-Progress &are to be Released In February, 2011; Over 12,000 metres of drilling intersects multiple significant iron formation intervals; Less than 50% of the kilometric scale magnetic anomalies @Harvey Tuttle have been drilled tested to date - Jan 13, 2011
www.marketwire.com/press-release/Champion-Minerals-Drills-16…

[Popeye82]

Laurentian Goldfields - Acquires Interest in Thundercloud Gold Project; Highlight drill results from historic work &the ´07 &´08 Teck programs include: 113.0m @1.72 g/t gold, 60.30m @1.46 g/t gold, 55.25m @2.19 g/t gold &29.66m @0.77 g/t gold - MTN - Jan 13, 2010
www.miningtopnews.com/laurentian-goldfields-ltd-acquires-int…

[Popeye82]

Rodinia Lithium - Completes Initial Exploration Program @Salar De Diablillos, Argentina - Jan 13, 2011

HL:

+ Drilling Intersects 66 Metres Grading 629 mg/L Li, 7600 mg/L K, 491 mg/L B With Average 3.21 Mg:Li

+ Exploration Program Defines a Mineralized Area of 32 Square Kilometres Covering the Entire Salar &Margins

+ Drilling @Depth Exceeds the Predicted Gravity Model

+ Excellent Porosity Values Average 38.4% Over the Surveyed Stratigraphy ...
www.marketwire.com/press-release/Rodinia-Lithium-Inc-Complet…

"TORONTO, ONTARIO--(Marketwire - Jan. 13, 2011) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF), is pleased to report that it has completed its initial exploration program on its Salar de Diablillos lithium brine project in Salta, Argentina ("Diablillos" or the "Salar"). The Company has successfully completed 16 reverse circulation drill holes covering the Salar to depths of up to 264 metres. In addition the Company has completed surface gravity and down hole geophysical surveys that will allow the estimation of the basin volume and porosity, respectively.

William Randall, President and CEO of Rodinia, commented "this is a major milestone in the development of the Company. We now have the data required to complete an initial resource estimate, which will shift the Company into a more prominent position within the lithium mining sector. We are very excited about the results of the exploration program, having defined a mineralized area of approximately 3,200 hectares that exceeds the boundaries of the Salar itself and extends to significant depths, the majority of which is comprised of highly porous material averaging 38 percent porosity."

Results from the last five drill holes are summarized in Table 1. The reverse circulation drill holes were drilled vertically to ensure proper representation of the stratigraphic column. As in the previous drill holes the stratigraphy is composed primarily of sands and gravels. The clay content in all holes drilled to date continues to be low to negligible. The five holes did not reach basement rock and are open at depth; in many cases the lithium grade has increased slightly at depth.

Preliminary down hole geophysical data have been received and indicate porosity values generally ranging from 20 to 60%, with an average value for all surveyed holes of 38.4%. This figure represents the void space that is potentially occupied by lithium-rich brines within the mineralized aquifers. The average porosity values for individual surveyed holes are shown in Table 2.

As previously announced (November 17, 2010) AMEC Internacional Ingeniería y Construcción Limitada ("AMEC") has been contracted to complete an initial mineral resource estimate for the Salar under the guidelines of National Instrument 43-101. Management anticipates being able to provide an update on this process over the next several weeks.


Table 1: Drill Results (Holes D-RC-12 through D-RC-16)

Drill Hole - From(m) - To(m) - Interval(m) - Li(mg/l) - K(mg/l) - B(mg/l) - Mg:Li - SO4:Li

D-RC-12 42 60 18 527 5867 603 3.43 11.73
zone open at depth

D-RC-13 108 163.5 55.5 649 7011 677 3.56 13.90
zone open at depth

D-RC-14 54 120 66 629 7600 491 3.21 10.78
including artesian brine @ 102m 540 6400 410 3.15 10.74
zone open at depth

D-RC-15 60 114 54 612 6082 582 3.25 14.43
zone open at depth

D-RC-16 artesian brine @ 76m 600 6700 710 3.17 12.67
and artesian brine @ 106.5m 600 6700 700 3.17 12.67
zone open at depth


Table 2: Porosity Results

Drill Hole - From(m) - To(m) - Interval(m) - Porosity(%)

D-RC-07 2.5 90.6 88.1 35.7
D-RC-08 3.1 62.6 59.5 35.1
D-RC-11 19.8 26.8 7.0 46.8
D-RC-13 19.1 92.7 73.6 37.0
D-RC-14 2.3 65.0 62.7 38.6
D-RC-16 2.4 78.3 75.9 37.0

Average porosity (all holes) 38.4


A sampling procedure was enforced by management to ensure sample integrity during the drill program. Where possible, brine and sediments samples were air lifted, and water restricted to the upper part of the hole before the water table was intercepted. Once brine bearing horizons were intercepted, drilling was halted and the drilling pipe lifted 2 feet or more to allow the total flushing of the internal pipe by means of air pressure for approximately ten minutes or until the brine appeared reasonably clean of sediment. After sufficient air lifting of the brine, a sample was collected in 500 ml sample bottles that had been washed three times with the brine. Liquid was also collected in five gallon buckets and the time of filling of the bucket recorded, in order to aid in quantifying the formational flow.

The Project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.


About Rodinia Lithium Inc.:

Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.

Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Salar de Diablillos project in Salta, Argentina.

Please visit the Company's web site at www.rodinialithium.com or write us at [e-mail]. "

[Popeye82]

Niocan - Announces Notice of Intent of Offer From Augyva Mining Resources Inc. - Jan 13, 2011
www.marketwire.com/press-release/Niocan-Announces-Notice-of-…

[Popeye82]

China’s largest wind turbine developer Sinovel IPOs; The wind turbine maker offers 105 million A-shares @up to 44 times 2009 earnings, making it one of the most expensive Shanghai IPOs in recent years - FA - Jan 6, 2011

- L. Liu -
www.financeasia.com/Tools/Print.aspx?CIID=243310

[Popeye82]

Western Wind Energy hands Gamesa 120MW deal - WPM - Dec 21, 2010
www.windpowermonthly.com/news/1047385/Western-Wind-Energy-ha…

[Popeye82]

Deals This Week: Cliffs Natural, Inmet, Hudbay &More - MT - Jan 14, 2011
www.mining-technology.com/news/news107172.html?WT.mc_id=DN_N…

"Cliffs Natural Resources has signed an agreement to acquire Consolidated Thompson Iron Mines for C$4.9bn (US$4.96bn).

Under the agreement, Cliffs will acquire all of Consolidated's common shares at C$17.25 a share.

Canadian base metal miners Inmet Mining and Lundin Mining are merging to create an international copper producer, Symterra Corporation.

The firms have signed an agreement on the transaction, which is valued at around C$9bn (US$9.12bn).

HudBay Minerals will acquire Norsemont by way of a formal takeover bid of around $520m.

The companies have entered into an agreement that will allow HudBay to purchase all of the outstanding common shares of Norsemont at at $4.65 a share.

African Iron, formerly Stirling Minerals, has acquired DMC Mining from Cape Lambert Mining.

The acquisition calls for a payment of A$47m (US$46.8m) in cash and 120 million shares of African Iron, which are equivalent to approximately 25% of the firm’s undiluted capital.

OAO Severstal subsidiary Nord Gold has acquired Crew Gold Corporation under a plan of arrangement under the laws of the Yukon Territory.

About seven million common shares of Crew Gold, equivalent to $32m, were acquired by Nord Gold at $4.65 per common share. "

[Popeye82]

Detour Gold Commences Construction on Canada Project - MT - Jan 14, 2011
www.mining-technology.com/news/news107056.html?WT.mc_id=DN_N…

[Popeye82]

NY University to Train Chinese Team on Mining Safety - MT - Jan 15, 2011
www.mining-technology.com/news/news107055.html?WT.mc_id=DN_N…

"The Polytechnic Institute of New York University (NYU-Poly) in the US will conduct a pilot programme on mining safety for a Chinese team.


The 15-member team, comprising scientists and engineers, will study the use of optics as safety devices in deep coal mines and implement these measures in China to increase mine safety.

Under the programme, the team will go through an intensive English programme for three months, followed by nine months of science and technology studies at the institute.

Thousands of miners die each year in China, where five million people are estimated to be working in the industry. "

[Popeye82]

Kiska Metals - Publishes Revised Whistler Resource Estimate &Provides Further Details for 2011 Programs, Whistler Project, Alaska - Jan 12, 2011
http://tmx.quotemedia.com/article.php?newsid=37405266&qm_sym…

[Popeye82]

Positive Interim Results for Revascor - AI - 11-Jan-2011
www.australianinvestor.com.au/news.asp?id=39665
www.stocknessmonster.com/news-item?S=MSB&E=ASX&N=348662

"Cephalon Inc and Mesoblast Limited (MSB) have announced positive interim results from Mesoblast’s multi-center Phase 2 trial of its off the shelf proprietary adult stem cell product Revascor for patients with cognitive heart failure.


Patients who had received a single injection of Revascor into damaged heart muscle had less cardiac events, deaths and hospitalisations during the follow up period than the control patients.

Mesoblast CEO Professor Silviu Itescu said: “We are very pleased with these interim results that show for the first time that our proprietary technology can impact both quality of life and survival.” "

[Popeye82]

Meteoric Resources NL - Coorara Iron, Gravity &Mapping Results, Drilling Imminent - Jan 13, 2010

HL:

+ Geological mapping confirms extensive structural complexity &alteration favourable for the formation of DSO hematite-goethite; focused on the northern
15km of an interpreted 40km strike length of banded iron formation(BIF)

+ Trial gravity survey outlines 4.5km of drilling targets.

+ 3,000m initial RC drilling programme to test high grade outcrops &gravity targets anticipated to start in the next week. ...
www.stocknessmonster.com/news-item?S=MEI&E=ASX&N=524490

[Popeye82]

International Resource Journal - Jan11

Cover Story

+ Questions, questions: IRJ is on project watch for 2011


Mining

+ Adriana Resources: Raising the bar for iron ore development

+ Copper Mountain Mining: Building value through exploration corporation

+ The Gold Standard

+ Machines to mechanize your mining by Fermel in South Africa

+ Interflex Conveyor Belts The mining industry’s conveyor belt experts

+ Iron ore production with moly-copper to follow: 2011 is the Moly Mines year

+ Steadily towards + 200,000 ounces a year with Westgold Resources

+ Reed Resources From future lithium production to meeting vanadium


Company Focus

+ ADX: European oil &gas explorers

+ RSV: Your go-to mining services company


In the workplace

+ BEE &MPRDA Ambitions of redefining ownership in mining

+ MIne regulations changing in South Africa


A new approach

+ Sault Ste. Marie Strikes OiL


Financing Focus

+ Cordev Group: The Australian &African infrastructure advisors


Oil &Gas

+ Calling all potential Chinese JV partners: Central Petroleum has the largest package of prospective acreage in Australia

+ M-I Swaco: The world-leading drilling fluid systems provider in focus in the Middle East


Renewables

+ Hot Air Big wind energy plan touted for Quebec

+ RES Australia’s work in Australian wind energy


Events

+ A day with MineAfrica 202

+ What’s happening 2011 ...
www.internationalresourcejournal.com/E-MAG/Jan_11/file.pdf

[Popeye82]

Apella Resources - Iron-T Survey Increases Potential &Provides Numerous New Priority Drill Target Areas - Jan 14, 2011
www.marketwire.com/press-release/Apella-Resources-Inc-Iron-T…

[Popeye82]

ProSep - Concludes Partnership With Large Korean Diversified Group - Dec 08, 2010
www.marketwire.com/press-release/ProSep-Concludes-Partnershi…


ProSep Pursues Joint Development of Proprietary Gas Dehydration Technology; Receives additional funding to pursue Phase IV pilot testing of ProDry with JIP partners Total, Statoil &ConocoPhillips - Dec 23, 2010
www.marketwire.com/press-release/ProSep-Pursues-Joint-Develo…

[Popeye82]

Constitution Mining - Completes Phase II Drill Program - Oct 20, 2010
www.marketwire.com/press-release/Constitution-Mining-Complet…


Constitution Mining Discovers Third Channel @Gold Sands Project - Oct 26, 2010
www.marketwire.com/press-release/Constitution-Mining-Discove…


Constitution Mining Updates Progress on its Peruvian Gold Sands Properties - Dec 03, 2010
www.marketwire.com/press-release/Constitution-Mining-Updates…

[Popeye82]

Golden Minerals - Provides an Update on the El Quevar Project Including Results of Favorable Metallurgical Test Work; Previous preliminary metallurgical testing of the Central Yaxtché material yielded recoveries of approximately 56% silver &86% copper using single bulk flotation, &leaching of the tailings product increased the overall recovery of silver to approximately 91% &Announces Plans to Increase the Number of Drills - Jan 11, 2011
www.marketwire.com/press-release/Golden-Minerals-Provides-Up…

[Popeye82]

Jindal to Explore Coal in Mozambique; India-based Jindal Poly Films subsidiary Jindal Resources has been awarded coal blocks for geological prospecting &exploration in Mozambique - MT - Jan 11, 2011
www.mining-technology.com/news/news106642.html?WT.mc_id=DN_N…

"India-based Jindal Poly Films subsidiary Jindal Resources has been awarded coal blocks for geological prospecting and exploration in Mozambique.


The company bid for the tender, issued by the Ministry of Mineral Resources, Government of Mozambique, and obtained Block-2, located in Moatize district, Tete province.

The allotted blocks cover an area of 14.8 million square meters and have a potential resource of 150 million tons of coal including coking/thermal coal.

The company’s other subsidiary, Jindal Metal and Mining, has entered into a joint venture agreement with a Mozambique entrepreneur for the exploration and mining of coal.

The exploration licence, also situated in Tete province, around 80km south-west of Tete in Changara district, is expected to contain a resource of 300 million tons of coal including coking/thermal coal, according to Jindal Poly Films. "

[Popeye82]

China to Tighten Pollution Standards for Rare Earth Mining - MT - Jan 11, 2011
www.mining-technology.com/news/news106636.html?WT.mc_id=DN_N…

[Popeye82]

Afghanistan Focuses on Mining to Boost National Income; The Afghan Government is planning to increase its income from the mining &exploration of underground natural resources to $3.5bn within the next 15 years - MT - Jan 11, 2011
www.mining-technology.com/news/news106499.html?WT.mc_id=DN_N…

"The Afghan Government is planning to increase its income from the mining and exploration of underground natural resources to $3.5bn within the next 15 years.


Minister for Mines Waheedullah Shahrani told reporters that the annual income through mining is around $30m.

"The ministry would increase it to $1bn over the next five years, by implementing development projects," Shahrani said.

According to ministry, the country has untapped minerals worth over $3tn. "

[Popeye82]

8 Canadian tech stocks that could change the Oil Sands Forever - CL - Oct 25, 2010
www.cantechletter.com/2010/10/eight-canadian-tech-stocks-tha…

[Popeye82]

LontohCoal - Lubimbi Coal &Gas Project exploration drilling update - Jul 6, 2010
www.lontohcoal.com/im/press_display.asp?Id=2010/06jul10

[Popeye82]

Evolving Gold - Intersects 313 meters @1.94 gpt Gold @Rattlesnake, Including 21.3 meters @10.00 gpt Gold - Jan 12, 2011
www.evolvinggold.com/news/news2011/news-release-january-12-2…

[Popeye82]

East Asia Minerals - Intercepts 690.9 Metres of 0.4 g/t Gold, 0.3% Copper @Upper Tengkereng Porphyry; Grade Increases With Depth &Hole Bottoms in 58.9 Metres of 1.2 g/t Gold &0.5% Copper - Jan 17, 2011
www.marketwire.com/press-release/East-Asia-Minerals-Intercep…

[Popeye82]

AgriMarine Holdings &MBSAI Complete Launch of First Marine Closed Containment Tank in BC - Jan 17, 2011
www.marketwire.com/press-release/AgriMarine-and-MBSAI-Comple…

[Popeye82]

Advanced Explorations - Announces 2011 Drilling Campaign for Northern Projects - Jan 17, 2011
www.marketwire.com/press-release/Advanced-Explorations-Annou…

[Popeye82]

US Nickel Purchases Ball Mill in Australia; US Nickel is purchasing a ball mill to begin construction of a 500,000t-per-annum gold processing plant at the Bullant mine project near Kalgoorlie, Australia - MT - Jan 17, 2011
www.marketwire.com/press-release/Advanced-Explorations-Annou…

[Popeye82]

US Revokes Permit for Mountaintop Mining; The US Environmental Protection Agency (EPA) has revoked a permit for the mountaintop-removal of one of the largest coal mining projects in West Virginia - MT/WP - Jan 17, 2011
www.mining-technology.com/news/news107249.html?WT.mc_id=DN_N…

"The US Environmental Protection Agency (EPA) has revoked a permit for the mountaintop-removal of one of the largest coal mining projects in West Virginia.


The agency said that Mingo Logan Coal’s Spruce No 1 coal mine would lead to unhealthy levels of salinity and toxic levels of selenium.

The permit for the 9.3 million square meter operation has been revoked under Section 404 of the Clean Water Act.

The EPA's decision could affect dozens of other mining projects across Appalachia, where firms have been blasting the peaks off mountains for years to reach coal, reports the Washington Post. "

[Popeye82]

Rio Novo Gold - Announces Results for First Two Drill Holes @the Guaranta Ridge Target - Jan 17, 2011
www.marketwire.com/press-release/Rio-Novo-Gold-Announces-Res…

[Popeye82]

Baobab Resources Plc - South Zone Drilling Results - Jan 17, 2011

HL:

+ Drilling @all areas in South Zone prospect has delineated substantially more mineralisation than originally anticipated. Consequently, additional drill holes are being designed to further test the down dip &along strike extensions.

+ Due to the early onset of the wet season, the Company was obliged to suspend drilling operations by mid-December 2010 prior to completing the intended RC (reverse circulation) drilling programme. Technical teams &drill rigs are on standby in Tete, ready to mobilise as soon as the weather allows.

+ Analytical results have been returned from a four hole RC drilling cross section in the northern portion of the South Zone prospect. A broad package of heavily mineralised magnetite was delineated. Mineralised intercepts reported best concentrate grades of:

TRC0029 – five significant intercepts, totaling 91m, including:

28m @ 59.1% Fe, 0.59% V2O5 &29.1% mass recovery from 59m and
20m @ 61.8% Fe, 0.64% V2O5 &28.4% mass recovery from 127m

TRC0052 – three significant intercepts, totaling 81m, including:

72m @ 59.3% Fe, 0.58% V2O5 &35.9% mass recovery from 69m

TRC0056 – two significant intercepts, totaling 94m, including:

90m @ 58.6% Fe, 0.59% V2O5 &23.8% mass recovery from surface including
21m @ 57.4% Fe, 0.52% V2O5 &39.4% mass recovery from 53m

TRC0059 – seven significant intercepts, totaling 125m, including:

89m @ 59.3% Fe, 0.65% V2O5 &23.9% mass recovery from 57m including
24m @ 64.0% Fe, 0.72% V2O5 &37.3% mass recovery from 97m


+ The Company is currently interpreting the next section of drill results which it intends to announce shortly.

+ The geophysical survey of the newly acquired ground to the east of the Massamba Group trend is on schedule to commence during January 2011. ...
www.baobabresources.com/Announcements/20110117/BAO_AIMReleas…

[Popeye82]

Circadian Technologies - Open Briefing - Grant of VEGF-D Licence by Chugai - Jan 17, 2011

+ Licence agreement with Chugai Pharmaceutical for VEGF-D IP rights

+ Circadian now controls the key VEGF-D IP assets worldwide

+ Expanded opportunity to develop VEGF-D based products &close VEGF-D deals ...
www.stocknessmonster.com/news-item?S=CIR&E=ASX&N=348925

[Popeye82]

Glen Eagle Resources - Intersects 1.08 Li2O Over 44.5 Meters on Authier - Jan 17, 2011
www.marketwire.com/press-release/Glen-Eagle-Intersects-108-L…

[Popeye82]

Lydian International - Reports Positive Results from Further Column Leach Metallurgical Tests; 93% Recoveries @19mm Optimal Crush Size; Exceptionally Rapid Leaching Reported With Up to 80% of Gold Recovered After Seven Days - Jan 17, 2011
www.marketwire.com/press-release/Lydian-Reports-Positive-Res…

[Popeye82]

Africa Oil - Provides Update on Puntland (Somalia) - Jan 17, 2011
www.marketwire.com/press-release/Africa-Oil-Provides-Update-…

[Popeye82]

Columbus Gold - Files NI 43-101 Technical Report on Paul Isnard Gold Project - Jan 17, 2011
www.marketwire.com/press-release/Columbus-Gold-Files-NI-43-1…

[Popeye82]

Lysander Minerals - Mine Construction on Schedule &on Budget, Updated Development Plan, Proposed Name Change to EastCoal Inc. - Jan 17, 2011
www.marketwire.com/press-release/Lysander-Minerals-Corporati…

"VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 17, 2011) - Lysander Minerals Corporation (TSX VENTURE:LYM) (the "Company") is pleased to report that construction of the first phase ("VNP") of its 100%-owned Verticalnaya anthracite mine in Ukraine is making good progress. Following commencement of construction in late September, 2010, on-surface construction is materially complete, portals for a conveyor drift &auxiliary drift have been constructed &drivage of these drifts has commenced &is progressing well. The project is on schedule &on budget.


Subsequent milestones will include drifting into the coal seam, scheduled for April, &commencement of construction of the first longwall, in July 2011. Production from that longwall should commence in early 2012. Additional longwalls will be phased in thereafter.

A combined plan for flexible development of the total project has been updated. An independent technical report, combining VNP &the Verticalnaya mine, is currently being prepared. Under an optimized, combined plan, the Company will strive to expedite development &reach high production levels sooner, achieving early cash flow.

The Company is also pleased to report that, in accordance with the authority granted by shareholders, its Board of Directors has approved a change in name to EastCoal Inc. This will be effective following registration and acceptance by the TSX Venture Exchange. The new name accords with the Company's focus on coal.

The Company has identified the Donbass coal basin of Ukraine as having major potential, including export potential for world markets through rail connections to the nearby Sea of Azov &Black Sea ports. Projects are well located to supply both world export markets &significant local demand. Concurrently with construction of the Verticalnaya mine, the Company is reviewing other acquisition opportunities in the region. Considerable attention is being given to certain existing metallurgical coal operations in need of modernization as well as greenfield metallurgical coal resources. The Company's Board &management have a record of developing successful coal mines quickly.

By Order of the Board,

Bryce M.A. Porter, President


About Lysander

Using high standards of safety &efficiency, it is planned to develop the Verticalnaya mine in stages &lead developments by western companies in the Donbass coal basin.

Verticalnaya North is described in the March 2010 NI 43-101 technical report available on Sedar (www.sedar.com) &the Company's website (www.lysanderminerals.com). It represents the first phase in the redevelopment of the Verticalnaya mine, for which a NI 43-101 technical report was prepared in September 2008 &is also available on Sedar &the Company's website.

Key indicators include:

Net present value @ 12% US$ 352.1 million
Internal rate of return 35.2%
Average cash operating cost per saleable tonne US$ 31.19/tonne

Proven reserves 16,200,000 tonnes
Probable reserves 11,000,000 tonnes
Measured resources 57,300,000 tonnes
Indicated resources 18,900,000 tonnes
Total resources 76,200,000 tonnes


Resources are inclusive of reserves. "

[Popeye82]

Wealth Minerals - Rare Earth Element Expert Dr. Mariano &Argentina REE Specialist Dr. Lira Join Mr. Neill to Form Special Advisory Board on Rare Earth Elements - Jan 17, 2011
www.marketwire.com/press-release/Wealth-Minerals-Ltd-Rare-Ea…

[Popeye82]

Fancamp Exploration - Acquires Interest in Strategic Iron Properties in the Fermont Iron Ore District - Jan 17, 2011
www.marketwire.com/press-release/Fancamp-Acquires-Interest-S…

[Popeye82]

Kria Resources &Trevali Resources Enter Into Definitive Arrangement Agreement to Create Platform for a New Intermediate Zinc Producer; Combined Company Will Have Multiple Copper-Lead-Zinc-Silver Assets Located in Peru &Canada With Indicated Resources of 1.7 Billion lb Zinc &Inferred Resources of 2.8 Billion lb Zinc - Jan 17, 2011
www.marketwire.com/press-release/Kria-Resources-Trevali-Reso…

[Popeye82]

Searching for a Diamond in the Muck; Prospecting for elusive fast-growing, oily microalgae is a soggy, muddy, rewarding job for NREL researcher - NREL - Jan 14, 2011
www.nrel.gov/features/20110114_bioprospecting.html
www.nrel.gov/biomass/proj_microalgal_biofuels.html

[Popeye82]

Adriana Announces - Strategic Partnership With WISCO - Jan 17, 2011
www.marketwire.com/press-release/Adriana-Announces-Strategic…

"TORONTO, ONTARIO--(Marketwire - Jan. 17, 2011) - Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE:ADI) is pleased to announce that the Company has entered into a binding framework agreement (the "Framework Agreement") with WISCO International Resources Development & Investment Limited "WISCO". The parties have agreed to cooperate on the development, construction and operation of the Lac Otelnuk Project. Pursuant to the Framework Agreement, the Company will receive $120 million from WISCO who in turn will receive a 60% participating interest in a Joint Venture Company which will hold Adriana's current interests in the Company's Lac Otelnuk and December Lake iron ore properties in Northern Quebec and that number of common shares of the Company representing 19.9% of the issued and outstanding shares issued under a private placement.


Under the terms of the Framework Agreement WISCO will use commercially reasonable efforts to assist the Joint Venture Company to obtain project financing for not less than 70% of the capital cost of the project to be determined by a definitive feasibility study. The Framework Agreement provides that the parties have 60 days to settle and enter into a definitive joint venture agreement with respect to the Joint Venture. The private placement will be at a price based off of a 20 day VWAP preceding the date of the Framework Agreement and will close within 45 days of such date. Subject to regulatory approval, Adriana will issue approximately 28,680,000 common shares in connection with the private placement. Upon closing of the private placement, WISCO will be entitled to nominate a director to the board of Adriana. Finders fees in the amount of $1.7 million will be paid on the closing of the private placement, $9.5 million will be paid on the closing of the definitive agreement and a 4% participating interest in the joint venture will be granted to an arm's length third party in connection with the closing of the definitive joint venture agreement.

The transactions contemplated in the Framework Agreement are subject to approval by the Government of China, regulatory approvals, due diligence and the settlement and execution of a definitive joint venture agreement.

There can be no assurance that the parties will be able to settle the terms of a definitive joint venture agreement within 60 days.

Allen J. Palmiere, President & C.E.O. of the Company stated, "Adriana's primary focus for the last 18 months has been to engage a strategic partner for the Lac Otelnuk Project. Our partnership with WISCO, one of the largest integrated steel groups in China, is an incredible milestone for the Company. WISCO's technical and financial strength will result in accelerating the development of the Lac Otelnuk project. We believe that Lac Otelnuk has the potential to be one of the largest iron ore mines in the world and will create employment opportunities in Quebec and value for all stakeholders."

ON BEHALF OF ADRIANA RESOURCES INC.

Allen J. Palmiere, President and CEO "

[Popeye82]

Talon Metals - Announces Initial Mineral Resource Estimate For Iron Mineralization @First Target @Trairão Project, Brazil; 168 million tonnes (“Mt”) @a grade of 42% Fe calculated to a depth of 50 metres - Dec 23, 2010
www.talonmetals.com/news/index.php?&content_id=157

[Popeye82]

Ruby Creek Resources - Seals Deal to Acquire Mining Licence on Gold Plateau Project - Jan 17, 2011
http://allafrica.com/stories/201101170876.html

[Popeye82]

Azure Minerals - Agreement to Acquire High Grade Manganese Mine - Dec 2, 2010

HL:

+ High grade manganese mine acquisition, with recent production history, excellent location, and minimal work required to restart production.

+ Extensive existing local Infrastructure already in place, with the project 2 hours drive on National Highway #80 from the modern deep water port of Manzanillo, which has loading facilities and spare capacity for bulk commodity cargo, and existing iron ore exports.

+ Significant near mine exploration upside, with existing ore deposit remaining open in all directions and an estimated exploration target of a further 3.2 – 5.8 million tonnes at a grade of 35 – 42% Manganese1

+ Second near term pathway to production secured, in addition to Promontorio, building towards Azure’s strategic objective of becoming an independent minerals producer in Mexico. ...
www.stocknessmonster.com/news-item?S=AZS&E=ASX&N=518687

[Popeye82]

Tournigan Energy - Resumes Drilling, Continues Prefeasibility Study @Kuriskova Uranium Deposit in Slovakia - Jan 18, 2011
www.tournigan.com/s/NewsReleases.asp?ReportID=438096&_Type=N…

[Popeye82]

Hunnu Coal - Initial JORC Code Resource for the Unst Khudag Coal Project - Dec 3, 2010

HL:

+ The Har Toirom Deposit has an initial JORC Measured, Indicated &Inferred Resource of:

324Mt to a depth of 140m


+ 226Mt classified as Measured &Indicated.

+ The estimate is based on approximately 30% of Har Toirom available data.

+ Further upgrades to the Har Toirom JORC resource model expected in early 2011.

+ Resource modelling is now progressing on the Unst Khudag Coal Deposit, which will be released in the coming weeks.

+ A total of 209 drill holes have now been completed on the Unst Khudag Coal Project. This has resulted in a total of 17,435m of drilling, including 8,877m of drill core.

+ The Company is negotiating off-take agreements with potential buyers for Unst Khudag Project coal.

+ The discussions on construction of a power plant on site are progressing positively, with identification of a suitable consultant to undertake a feasibility study

+ Transportation &logistics studies for delivering Unst Khudag coal to the Mongolian Chinese border are @an advanced level. ...
www.stocknessmonster.com/news-item?S=HUN&E=ASX&N=518836

[Popeye82]

Billionaire Soros Readies Agriculture IPO - FY - Jan 14, 2011
http://finance.yahoo.com/news/Billionaire-Soros-Readies-indi…

[Popeye82]

Maudore Minerals - Broad Near-Surface Intervals Confirming Open Pit Potential - Jan 18, 2011
http://tmx.quotemedia.com/article.php?newsid=37546549&qm_sym…

[Popeye82]

Focus Ventures - Stakes Phosphate Claims in central Peru - Jan 18, 2011
http://tmx.quotemedia.com/article.php?newsid=37557588&qm_sym…

[Popeye82]

EMED Mining Plc - Favourable Department of Culture &Heritage Ruling - Jan 17, 2011
www.londonstockexchange.com/exchange/news/market-news/market…

[Popeye82]

Sparton Resources - Signs Agreement for Evaluation of Vanadium Development Programs in Xiushui County Jiangxi Province, China - Dec 2, 2010
www.marketwire.com/press-release/Sparton-Signs-Agreement-Eva…

[Popeye82]

Microbix BioSystems - Appoints CEO &Chairman of its New Vaccine Joint Venture in China; Former GSK &Merieux Executives To Lead Team in Building &Operating Asia's Largest Vaccine Production Facility - Jan 18, 2011
http://finance.sympatico.ca/home/microbix_appoints_ceo_and_c…

"TORONTO, Jan. 18 /CNW/ - Microbix Biosystems Inc. (TSX: MBX), a biotechnology company commercializing novel technologies for influenza vaccine manufacturing and livestock semen sexing, in addition to a core business of virology products, today named the management leaders for the Hunan/Microbix Joint Venture which will build and operate Asia's largest influenza vaccine production facility. The team will be led by Chris Baron, CEO, a former GSK and Novartis executive responsible for international vaccines. Baron also established and led GSK's joint venture that is now the largest foreign vaccine manufacturer in China. Jacques-Francois Martin, who will be Chairman, brings 30 years of worldwide vaccine and pharma management experience to the China venture.


The new CEO, Chris Baron said, "I am delighted and privileged to participate in this exciting investment in Changsha, China. The health and economic benefits of influenza vaccination are extremely well documented globally, and I look forward to working with our partners to provide Hunan Province self-sufficiency with a truly world class vaccine. This investment will also further enhance innovation in this fast growing region of China." Jacques-Francois Martin, the joint venture's Chairman, said, "I'm proud to be part of what will be the largest and most far-reaching public health initiative ever in Asia. It will bring China closer to the WHO guidelines for vaccination."

In December, Microbix announced that the Hunan/Microbix joint venture will have start-up capital of more than $7 million to begin the three-phase development of the 120 million-dose influenza vaccine facility. For Phase 2 the joint venture will require approximately $50 million to build the initial 20 million dose plant. Microbix and Hunan will jointly raise these funds to complete construction of the manufacturing facility, and provide material for clinical trials. In Hunan, Microbix has a committed joint venture partner that has demonstrated it will manage the local issues to support the success of the vaccine project.

Microbix, CEO, William J. Gastle, said, "We've combined an outstanding management team, with strong financial resources and our innovative vaccine production technology to build the most advanced vaccine facility in the world. This joint venture will serve public health needs in China and potentially throughout Asia and will reward Microbix and its shareholders with strong returns on investment."

Baron and Martin, with their years of vaccine expertise and experience in China, have already begun recruiting an experienced team of international vaccine and pharmaceutical managers to the Hunan/Microbix Joint Venture, including a global supply-chain expert; and a former CEO of a Chinese pharma company with experience building three large plants in China, and gaining Chinese regulatory approval for manufacturing and marketing pharmaceutical products.


Hunan/Microbix Joint Venture Management

Chris Baron, CEO, is a specialist in the international pharmaceutical and vaccines industry. He has served as Vice President, Global Business Development for Chiron Vaccines (now Novartis), at that time a business with $800 million in sales and 3,000 employees worldwide. Since leaving Chiron he has been operating a consulting business advising various companies on China market entry strategies. Baron had a long career at GlaxoSmithKline (GSK) serving as General Manager in Taiwan, New Zealand and China respectively. He also led Worldwide Business Development at GSK Biologicals (based in Belgium) and served as Director, Business Development, Asia Pacific (based in Singapore). At GSK, Baron led the team that negotiated and created GSK Biologicals (Shanghai) Limited, the first foreign equity joint venture in the field of vaccines in China. He then served as General Manager and Board Director for the joint venture that is now 100% owned by GSK and is the leading foreign vaccine manufacturer in China. Baron was also instrumental in GSK's acquisition of Sachsiche Serum Werke (SSW) - a German flu vaccine manufacturer based in Dresden that is now GSK's global manufacturing site for flu vaccines.

Jacques-Francois Martin, Chairman, is former CEO of Pasteur-Mérieux-Connaught (now Sanofi-Pasteur) and Chiron Vaccines (now Novartis vaccines), and a senior officer in Merieux, once the global leader in vaccine production. He has served on the boards of several prestigious national and international medical foundations, including: the Institut National de la Santé et de la Recherche Médicale, (the French National Institute of Health), the International AIDS Vaccine Initiative (IAVI), and the Global Alliance for Vaccines and Immunization. He was formerly President and CEO of The Vaccine Fund, a foundation providing lifesaving vaccines and other immunization program support to low-income countries. In addition, Dr. Martin was a founding partner of Pelias AG, a company launched with Intercell and Novartis to develop vaccines against hospital-associated infections. And, most recently, Chairman and CEO of Parteurop, a biotech consulting company.


About the Hunan/Microbix Joint Venture

Last year, Microbix announced it signed a joint venture agreement with the Hunan Biopharmaceutical Co. Ltd. (a Hunan Province state-owned enterprise) for initial financing to construct Asia's largest influenza vaccine production facility and the third largest vaccine plant in the world. The facility, for which construction will begin in 2011 and be fully operational by 2014, will be designed around Microbix VIRUSMAX™ vaccine technology. More than five years in development @Microbix, VIRUSMAX is designed to increase influenza vaccine yields and has demonstrated an average yield increase of two-fold over current production methods.


About Microbix Biosystems

Microbix Biosystems Inc. specializes in the development of biological technologies and commercializing them through global partners. The Company has intellectual property in large market biotherapeutic drugs, vaccine technologies and animal reproduction technologies. Established in 1988, Microbix is headquartered in Toronto. "

[Popeye82]

Resource Upgrade for Silver Lake Resources - AI - 19-Jan-2011
www.australianinvestor.com.au/news.asp?id=39680
www.australianinvestor.com.au/news.asp?id=39680

"Silver Lake Resources Ltd (ASX: SLR) has announced an increase of 17% in their high grade gold JORC resource to 3.0 million ounces.

Highlights included 65,600 ounces at 18.7g/t Au at the Haoma tenement and a 92% increase in resource at the Tuckabianna West tenement to 287,200 ounces.

The latest inventory does not include all recent drilling success, so a further resource upgrade will be announced in July 2011. "

[Popeye82]

Jupiter Mines - Mt Ida Maiden Inferred Magnetite Resource 530 million Tonnes - Jan 19, 2011

HL:

+ Maiden inferred magnetite resource @Central Mt Ida is 530 million tonnes @31.94% Fe, exceeding earlier expectations.

+ Resource was generated from 11,898 metres of drilling conducted on the Central Area only

+ The resource model of the Central Area shows six flat lying magnetite lodes

+ Mineralisation is open to the north &south of the tested Central Area

+ Further drill programs are planned to increase the Inferred resource by exploring the Southern &Northern Areas, whilst advancing the Central Area to Measured &Indicated status

+ The maiden resource generated for the Central Area confirms a significant magnetite project @Mt Ida ...
www.stocknessmonster.com/news-item?S=JMS&E=ASX&N=228288

[Popeye82]

Uranium Resource Confirmed through Co-operation Agreement - AI - 19-Jan-2011
www.australianinvestor.com.au/news.asp?id=39684
www.stocknessmonster.com/news-item?S=WHE&E=ASX&N=524924

"Wildhorse Energy Limited (ASX: WHE) has signed an extension to the Co-operation Agreement with Mecsek-Öko and Mecsekérc with the aim to restart uranium mining at Mecsek Hills Uranium Project in Hungary.

The agreement includes a proposed joint venture which would give the Mecsek Hills project a total JORC inferred resource of 48.3Mt at 0.072% U3O8 for 77Mlbs of U3O8.

The agreement allows for the potential development and monetisation of the company’s uranium asset. "

[Popeye82]

Rapper Uses Social Media to Pump a Stock; 50 Cent Uses Twitter To Make $8.7 Million In One Day - MY - Jan 15, 2011

- Billy Johnson, Jr. -
http://new.music.yahoo.com/blogs/thatsreallyweek/130325/jan-…

"Rappers have been known to influence interest in fashion trends, alcohol brands, and luxury automobiles. This week hip-hop mogul 50 Cent added the stock exchange to the list.


In just one day, 50 Cent's promotion of the publicly traded H&H Imports, Inc. raised the company's stock price from .10 to .39 per share.

The G-Unit head urged his 3.8 million Twitter followers to invest in the company. "TVG's stock went from 5 cent to 10 in one day," 50 wrote about the subsidiary of H&H. "You can double your money right now. Just get what you can afford."

50's fans responded immediately, purchasing $50 million worth of the penny stocks. The New York rapper made $8.7 million from those exchanges.

Last October, 50 Cent received 30 million H&H shares in a private placement , the New York Post reported. Just days before encouraging his followers to purchase the stock, he premiered a joint effort with TV Goods, Inc. , a set of headphones called Sleek By 50.




Using his influence to generate so much activity for a company in which he owned stock prompted some experts to speculate whether or not he may have violated insider trader laws.

Jonathan Macey, a professor of securities at Yale Law School, does not believe 50 Cent did anything wrong. "How can they call it a take if he didn't sell his stock?" Macey said in an interview with Esquire. "All he said was that it's a great company."

Let's hope Macey is right. But to be safe, 50 has since deleted from his Twitter page all of the messages.

Jay-Z, another one of hip-hop's most successful entrepreneurs, also revealed new business venture this week. The "Empire State Of Mind" rapper invested in Buffalo Boss, a chicken-wing restaurant co-owned by his cousin, Jamar White. Located in Brooklyn, the eatery specializes in the organic and spicy appetizers. (...) "

[Popeye82]

Major Resource Upgrade @Greenvale - AI - 19-Jan-2011
www.australianinvestor.com.au/news.asp?id=39691
www.stocknessmonster.com/news-item?S=MLM&E=ASX&N=228298

"Metallica Minerals Limited (ASX: MLM) has reported a new resource for Greenvale of 8.0Mt at 1.04% Ni and 0.08% Co, containing approximately 83,000 tonnes of nickel and 3,800 tonnes of cobalt metal.

This is a substantial increase from the previous resource estimate of 4.5Mt at 1.12% Ni and 0.08% Co.

The company will now move to fulltime technical and metallurgical development of the NORNICO project. "

[Popeye82]

Radar Iron Intercept Significant Magnetite Mineralisation - AI - 19-Jan-2011
www.australianinvestor.com.au/news.asp?id=39688
www.stocknessmonster.com/news-item?S=RAD&E=ASX&N=524898

"Radar Iron Limited (ASX: RAD) has intercepted significant intervals of magnetite mineralisation during initial drilling at its projects north of Southern Cross.

Assay results averaged 28-30% Fe, with particularly encouraging results from the Lara and Bevan prospects.

Davis tube recovery test work indicates concentrate grades of up to 71.1% Fe and high mass recoveries. "

[Popeye82]

Adamus Resources First Gold Pour Ahead of Schedule - AI - 19-Jan-2011
www.australianinvestor.com.au/news.asp?id=39693


"Adamus Resources Limited (ASX: ADU) has poured its first gold bar from the Nzema Gold Project in West Africa.

The first gold bar was poured on January 17 2011, making Adamus the newest gold producer in Ghana.

Adamus Resources Managing Director and CEO Mr Mark Connelly said, “the Company’s first gold pour is the culmination of eight years of hard work driven by the belief that the Ashanti gold region represents the next generation of shallow, low cost, multi-million ounce gold mines ”.

Feasibility studies on the Nzema Gold Project support a 100,000 oz per annum operation over a ten year mine life. "

[Popeye82]

Forte Energy to Raise A$15 Million - AI - 19-Jan-2011
www.australianinvestor.com.au/news.asp?id=39686
www.stocknessmonster.com/news-item?S=FTE&E=ASX&N=524903

"Forte Energy (ASX: FTE) is attempting to raise A$15 million through the issue of 120 million shares at 12.5 cents per share.

Proceeds from the capital raising will accelerate the exploration of Forte Energy’s highly prospective West African uranium portfolio.

This placing price is a 10.7% discount to the closing price of Forte Energy shares on the ASX on Friday 14 January 2011. "

[Popeye82]

Mountain Lake Resources - Announces the Start-up of the ´11 Drilling Campaign @Leprechaun &Along Strike on the Valentine Lake Gold Project; A budget of $6 million is planned for 2011 that will include an aggressive 25,000 metre resource expansion &exploration drilling program to more fully evaluate the potential of the Valentine Lake Property - Jan 19, 2011

HL:

+ First three drill holes VL-11-232, VL-11-233 &VL-11-234 @the Leprechaun Deposit intersected mineralized quartz zones with visible gold

+ Planned 2011 drilling @the Leprechaun Deposit is aimed @expanding the NI 43-101 compliant resource (see news release of December 16, 2010) &extending the current boundaries of the Deposit both down-dip &along strike to the NE &SW

+ Drilling @Valentine East Gold Zone is to begin within days, focused on delineation drilling of a new resource

+ Newly delineated IP drill targets will be tested: (1) for 1000 metres (m) along strike to the NE of the Leprechaun Deposit; (2) within the Rogerson Lake conglomerates 500 m east of the Leprechaun Deposit; &(3) over a 500 m strike of the Valentine East Gold Zone

+ Base line environmental studies to begin in February will include water quality, waterfowl &fish surveys

+ Plans for 2011 also include: further metallurgical testing; additional IP surveying along strike of both the Leprechaun Deposit &Valentine East Gold Zone; &geotechnical drilling to test slope stabilities for pit wall design @the Leprechaun Deposit for inclusion in the preliminary economic assessment currently planned for completion by the 1st quarter of 2012 ...
http://ca.finance.yahoo.com/news/Mountain-Lake-Announces-the…

[Popeye82]

Eagle Star Minerals - Results Up to 44.66% FE2O3 Across 39 Metres, Angico Iron Project, North Eastern Brazil - Jan 18, 2011

+ Ground magnetic survey was completed over specific outcrop areas in the Serra do Cavaleiro (Cavaleiro), Serra do Ó (Serra) &Serrinha blocks.

+ Detailed geological mapping with chip &channel sampling across Banded Iron Formation outcrops ("BIF") in the Serra do Cavaleiro, Serra do O &Serrinha blocks.

+ Trenching on the Serra do Cavaleiro (Cavaleiro) block &scout diamond core drilling consisting of 500 metres (7 holes) was performed on the Serrinha &Serra do Ó blocks. ...
www.marketwire.com/press-release/Eagle-Star-Minerals-Corp-Re…

[Popeye82]

South Boulder Mines - Maiden Potash Mineral Resource - Jan 19, 2011

HL:

+ A maiden Mineral Resource Estimate comprising;

- 547.62Mt @18.58% KCl (total contained potash of 101.73Mt);

- Includes 119.21Mt @23.14% KCl;

- Total in-ground value of ~ USD $40.5bn using USD $400/t KCl ;


+ Increased Exploration Target of;

- 750Mt –1.25 billion tonnes @18-20% KCl;

- Includes 450Mt –750Mt @20-23% KCl;


+ To date a total of 17 shallow vertical diamond holes have been drilled @Colluli defining mineralisation over an area of >10km2. Of these only 3 holes (Col-001, 002 &004) with assay results, have been used to calculate the initial resource tonnage &grade (Figure 1);

+ This maiden resource represents the first stage of a mining engineering study into the optimum production capacity from open pit mining. The study will investigate a range of production scenarios from 1Mt – 10Mt p.a.;

+ Mineralisation is currently open in all directions &a near term resource upgrade is expected on receipt of outstanding assay results from holes 006 – 017;

+ The current potash resource is located from between 22.20m to 64.80m below surface confirming Colluli as the world’s shallowest buried potash deposit;

+ All potash is contained within potash minerals that can be processed using standard techniques;

+ Scoping study results are planned to be completed in mid 2011;

+ Drilling to resume in late January with a second rig planned to be onsite in early February;

+ Outstanding assay results &details on further exploration drilling will be released as they come to hand. ...
www.stocknessmonster.com/news-item?S=STB&E=ASX&N=524900

[Popeye82]

Nevado Resources - Assays up to 67.6% Iron &21.4% Titanium in Grab Samples of the Massive Magnetite-Ilmenite @the Hervieux East Extension Occurrence &Extends Mineralization to more than 200 metres From the Original 125 Metres; Nevado discovers new magnetite-ilmenite zone, the Hervieux North Extension Occurrence located 1 kilometre north of the Hervieux East Occurrence - Nov 18, 2010
http://finance.yahoo.com/news/NEVADO-Assays-up-to-676-Iron-c…


Assay Results From 25 Surface Channel Grab Samples Taken From the 100 Meters Long Leduc-Farrell Magnetite-Ilmenite Occurrence Average 60% Iron &19.6% Titanium @the La Blache Iron-Titanium-Vanadium Property (Quebec); Assays pending on the remaining 109 surface grab &channel samples from the three other new massive magnetite-ilmenite occurrences (Farrell-Taylor, Zorro, &E. Girard Showings), including from an additional multi-kilometric, disseminated magnetite &ilmenite domain (Lac La Blache Showing) - Nov 23, 2010
http://finance.yahoo.com/news/NEVADO-Assay-Results-From-25-c…


New Assays Average 61.9% Iron, 16.5% Titanium &0.11% Vanadium from 21 Channel Samples on the 450 Metres Long E. Girard Occurrence @the La Blache Property (Quebec) - Dec 2, 2010
http://finance.yahoo.com/news/NEVADO-New-Assays-Average-619-…


Nevado Assays 63.5% Iron, 17.4% Titanium &0.11% Vanadium in Surface Grab Samples @the Leduc Occurrence from the La Blache Property (Quebec) - Dec 6, 2010
http://finance.yahoo.com/news/Nevado-Assays-635-Iron-174-ccn…


Nevado Assays More Significant Grades From the Sixth New Occurrence @63.5% Iron From the La Blache Property (Quebec) - Dec 9, 2010
http://finance.yahoo.com/news/NEVADO-Assays-More-ccn-2880451…

[Popeye82]

Premium Exploration - Drills 7.0 g/t Gold Over 34.4 Meters Within 1.5 g/t Gold Over 330.4 Meters Continuing Resource Expansion &100% Drill Success @Friday-Petsite Project - Jan 19, 2011
www.marketwire.com/press-release/Premium-Exploration-Drills-…

[Popeye82]

MBAC Fertilizer - Reports Positive Drilling Results from First Diamond Drill Hole @the Santana Project - Jan 19, 2011
www.marketwire.com/press-release/MBAC-Reports-Positive-Drill…

[Popeye82]

Migao Opens Joint Venture Fertilizer Plant With SQM; Expansion in Shanghai to Follow - Jan 19, 2011
www.marketwire.com/press-release/Migao-Opens-Joint-Venture-F…

[Popeye82]

inthinc Introduces Mining Safety Technology; US-based inthinc Technology has introduced a new technology that can help mining companies receive real-time tracking &instant alerts for vehicles operating in open pit mining blast zones - MT - Jan 19, 2011
www.mining-technology.com/news/news107464.html?WT.mc_id=DN_N…

[Popeye82]

Nautilus Receives World's First Deep Sea Mining Lease from PNG; Nautilus Minerals has received the world's first deep sea mining lease from the government of Papua New Guinea (PNG) for the development of its Solwara 1 project in the Bismarck Sea - MT - Jan 19, 2011
www.mining-technology.com/news/news107463.html?WT.mc_id=DN_N…

[Popeye82]

Floods Disrupt Australian Coal Supply Chain; The heavy flooding in Queensland has disrupted Australia's coal supply chain, which is expected to have a global impact on the energy sector - MT - Jan 19, 2011
www.mining-technology.com/news/news107458.html?WT.mc_id=DN_N…

"The heavy flooding in Queensland has disrupted Australia's coal supply chain, which is expected to have a global impact on the energy sector.


The flooding has damaged rail lines connected to coal terminals, leading to a disruption in coal supply, according to Transport Intelligence.

About 14 million tons of coal have yet to be loaded at terminals such as Gladstone Port complex and Dalrymple Bay.

It is expected to take about six months to resolve the situation.

The terminals resumed operations over the weekend, but at 60% capacity. "

[Popeye82]

Pacific Coast Nickel - Purchases Wellgreen PGM &Lynn Lake Nickel Projects From Prophecy Resource Corp. - Jan 18, 2011
www.marketwire.com/press-release/Pacific-Coast-Nickel-Corp-P…

[Popeye82]

Hydrocolloid supply in worst state for 30 years, Cargill; Supplying hydrocolloids requires more foresight and investment than ever before, as producers are caught in the squeeze between tight supply &growing demand, &changing functionalities, says Cargill director - AP FT - Jan 17, 2011

- Jesse Halliday -
www.ap-foodtechnology.com/Industry-drivers/Hydrocolloid-supp…

[Popeye82]

First Gold Exploration - Reports 0.44% Li2O, 196 ppm Ta2O5, 505 ppm BeO, 3,565 ppm Rb, 87 ppm Cs &187 ppm Ga over 116 Metres Along Strike - Jan 18, 2011
www.marketwire.com/press-release/First-Gold-Reports-044-Li2O…

[Popeye82]

Candente Copper - Announces Positive Pre-Feasibility Progress Report for the Cañariaco Norte Copper Project; NPV of US$960.0M &IRR of 17.7%(After tax, long term copper price of US$2.25 /lb, &8% discount rate); Copper Production to Average 262 million Pounds per Year Over Mine Life of 22 Years - Jan 18, 2011
www.candentecopper.com/s/NewsReleases.asp?ReportID=438106

[Popeye82]

Indian metro consumers set to fuel demand hike in processed food - report; Demand for convenience &ready-to-eat food in India will explode over the next five years as a major shift in food-purchasing habits by the growing numbers of middle-class city dwellers takes hold, according to new research ; Associated Chambers of Commerce &Industry of India (ASSOCHAM) estimated that these food processing segments will see annual growth of around between 40-60 per cent between now &the end of ´15 - AP FT - Jan 5, 2011

- Rory Harrington -
www.ap-foodtechnology.com/Industry-drivers/Indian-metro-cons…

[Popeye82]

Fusion introduces ‘sugar alternative’ low-calorie sweetener; Fusion Nutraceuticals has developed a new process for developing granulated zero-calorie sweeteners that better imitate the taste &functionality of sugar with nearly ten times fewer calories, the company has said - AP FT - Jan 4, 2011

- C. Scott-Thomas -
www.ap-foodtechnology.com/Formulation/Fusion-introduces-suga…

[Popeye82]

INDONESIA - Jogjakarta trials to start; Indo Mines will soon begin production of commercial trials of iron concentrate @the Jogjakarta Iron Sands Project; The company expects that operations will begin in the first half of ´11 targeting production of up to 250,000 tonnes of iron concentrate for sale to potential off-takers generating early cash, as well as providing feed material for additional pig iron smelting trials - AM - Jan11
www.asiaminer.com/magazine/current-news/3206-indonesia-jogja…

[Popeye82]

ASIA Miner - Jan/Feb Edition; Vol 8, Issue 1; "Golden Times in Papua New Guinea" - Jan 19, 2011

Features

+ Chinese Investments - China is increasing its efforts to secure the resources needed to feed its growth &its companies are investing in many resource projects around the world.

+ Front-End Loaders - New wheel loaders are rolling ahead on the road to higher reliability &improved productivity.

+ Exploration Drilling - The demands on exploration drilling are increasing as the deposits now being sought are more remote &much deeper than ever before.


Leading Developments

+ Asian Intelligence - The exploration target @the Wafi-Golpu joint venture in Papua New Guinea has been upgraded to 30 million ounces of gold &8 million tonnes of copper.

+ M &A - As well as playing a major role in the direction of the global mining industry, China is also the primary driver of M&A activity.

+ Exploration - Infill drilling @G-Resources Martabe Gold-Silver Project in Indonesia has allowed for conversion of 90% of the inferred resources to the indicated category.


Around the Region

+ Papua New Guinea - PNG is being seen as a significant &welcoming host for the mining industry.

+ China - GobiMin is accelerating development of the Sawayaerdun Gold Project.

+ Indonesia - Drilling @Sumatra Copper & Gold’s Tembang project is boosting resources.

+ Cambodia - Indochine Mining will use the proceeds from an IPO to advance its prospects.

+ Mongolia - First-test drilling is being carried out @Altan Rio’s Chandman project.

+ Australia - Western Areas has started exporting nickel-in-concentrate from Forrestania to China.

+ Central Asia - Central Asia Resources plans to start mining gold &silver @Dalabai in July.

+ Philippines - A new plant @Medusa Mining’s Co-O Gold Project will see production double.

+ South Korea - Woulfe Mining intends to reopen the Sangdong tungsten/molybdenum mine.

+ Solomon Islands - Solomon Gold is keen to drill its Fauro Island Gold-Copper Project.

+ India - The ban on iron ore exports by an Indian state is a sign of things to come. ...
www.asiaminer.com/magazine/

[Popeye82]

MONGOLIA - Khan begins arbitration; Khan Resources has formally commenced an international arbitration action against the Government of Mongolia for what it states is 'expropriatory &unlawful treatment of Khan in relation to the Dornod uranium deposit in northeast Mongolia'; The Nuclear Energy Agency of Mongolia announced in November ´10 that it would not reinstate the licences that the company holds on the Dornod uranium property. Khan states that the Mongolian Government illegally cancelled the licences so that it could pursue the project without Khan - AM - Jan11
www.asiaminer.com/magazine/current-news/3199-mongolia-khan-b…

[Popeye82]

India Forms Committee for 'No-Go' Mining Areas; The Indian Government has set up a ministerial committee to set boundaries for 193 coal blocks falling in 'no-go' forest areas - MT - Jan 18, 2011
www.mining-technology.com/news/news107322.html?WT.mc_id=DN_N…

"The Indian Government has set up a ministerial committee to set boundaries for 193 coal blocks falling in ‘no-go’ forest areas.


Prime Minister Manmohan Singh established the committee during the Union Cabinet meeting on 14 January.

Coal Minister Sriprakash Jaiswal said that mining in the areas will increase the supply of coal for the energy sector and provide energy security in an environmentally sustainable manner.

According to the prohibition designed by India's environment ministry, areas with over 30% gross forest cover or 10% or more in weighted forest cover are out of bounds for coal mining. "

[Popeye82]

Natural Resource Acquires US Coal Reserves for $70m; Natural Resource has completed a fourth acquisition of coal reserves of nearly 200 million tons at the Deer Run mine from Colt, an affiliate of Cline Group - MT - Jan 18, 2011
www.mining-technology.com/news/news107321.html?WT.mc_id=DN_N…

"Natural Resource has completed a fourth acquisition of coal reserves of nearly 200 million tons at the Deer Run mine from Colt, an affiliate of Cline Group.


Located in Illinois, US, the mine is expected to produce about eight to ten million tons of coal a year with a mine life of more than 20 years.

Construction of the mine is underway with longwall production expected to begin in early 2012.

The company paid $175m for the previous three acquisitions of the coal reserves and concluded the fourth acquisition by paying $70m. "

[Popeye82]

Haranga Discovers Large Iron Ore @Mongolian Project - MT - Jan 18, 2011
www.mining-technology.com/news/news107315.html?WT.mc_id=DN_N…
www.stocknessmonster.com/news-item?S=HAR&E=ASX&N=524470

"Australia's Haranga Resources has discovered a large, intense magnetic anomaly at the Sumber iron ore project in Mongolia.


A magnetic survey reported that the identified iron mineralisation is coincident with an intense magnetic anomaly approximately 4km in length and 0.5-1km in width.

The iron ore project, located less than 50km from the Chinese border crossing at Hangi Mandal, consists of Mongolian exploration licence 14568X in Dornogobi province in south-eastern Mongolia.

The company is planning to drill the iron ore targets at Sumber this year as part of a first pass scout RC drilling programme. "

[Popeye82]

Sichuan Hongda bags coal &iron ore mines in Tanzania - SG/Reuters - Jan 19, 2011
www.steelguru.com/raw_material_news/Sichuan_Hongda_bags_coal…

"Reuters reported that China's Sichuan Hongda Co Ltd will invest USD 3 billion in a coal fired power plant and two iron ore mines in Tanzania.

Mr Chrisant Mzindakaya chairman of state run National Development Corporation told Reuters that “The Chinese firm was picked from a long list of bidders as the preferred investor after winning an international bidding process. We are now negotiating final details before a contract can be signed.”

Mr Gideon Nassari MD of NDC told reporters “Our aim is to have the contract signed next month in order to pave the way for the actual implementation of the projects.”

The investment involves construction of the Mchuchuma integrated coal mine and thermal power station and an iron ore mine in Liganga.

NDC said the projects would be implemented in a joint venture with the Chinese investors under a public-private partnership.

Financial details of the investment projects were yet to be confirmed.

Mchuchuma, located 800 kilometres west of Dar es Salaam, has identified reserves of 536 million tonnes of coal. The investment in the coal mine would also involve construction of a 600 MW coal-fired power plant.

NDC said early studies indicated that the Liganga area was rich in iron, vanadium and titanium minerals. Reserves are estimated to be between 200 and 1,200 million tonnes, with 45 million already proven through drilling.

Tanzania, Africa's fourth largest gold producer with reserves of uranium, nickel and coal, passed a new mining law last year requiring the government to own stakes in future mining projects and mining companies to list on the Dar es Salaam Stock Exchange.

Other bidders included Nava Bharat (Singapore) Pte Ltd, STX Corporation of South Korea, US power company AES Corporation and India's Sarda Energy & Minerals Ltd. "

[Popeye82]

Berkeley Resources - Major Milestones in development of Salamanca Uranium Project - Jan 19, 2011
www.stocknessmonster.com/news-item?S=BKY&E=ASX&N=525062

[Popeye82]

Mindoro Resources - Moves Towards Pre-Feasibility With Advanced Metallurgy Tests; Sampling to follow up exceptional hydro-metallurgical results with further testing; Definition drilling to define high-grade material for direct shipping - Jan 19, 2011
www.marketwire.com/press-release/Mindoro-Moves-Towards-Pre-F…

[Popeye82]

Sunridge Gold - Intercepts 22 Metres of 13.14% Copper &4.0 g/t Gold @Debarwa Project, Eritrea - Jan 19, 2011
www.marketwire.com/press-release/Sunridge-Gold-Intercepts-22…

[Popeye82]

Nemaska Exploration - Plans the Production of 202,000 Tonnes/Year of Spodumene Concentrate From Its Whabouchi Lithium/Beryllium Deposit - Jan 19, 2011
www.marketwire.com/press-release/Nemaska-Exploration-Plans-P…

[Popeye82]

Die beste Aktie 2011; Mit dieser Aktie geht Ihr Depot durch die Decke!; Andere müssen ein HEIDENGELD für die geheimen Börsentipps 2011 von Andreas Sommer und Jörg Mahnert ausgeben. --> Aber Sie bekommen diese vollkommen gratis.
www.chartanalyse-trends.de/http://www.chartanalyse-trends.de…

[Popeye82]

Corvus Gold Announces Discovery of New Gold Targets @the Chisna Project, Alaska - MTN - Jan 18, 2011
www.miningtopnews.com/corvus-gold-announces-discovery-of-new…

[Popeye82]

Volta Resources - Drills 296.0 m @1.07 g/t Gold, Including 12.0M @3.25 g/t Gold @its Kiaka Gold Project, Burkina Faso, Also 193.0m @1.02 g/t gold, including 12.7m @1.90g/t gold - Jan 20, 2011
www.voltaresources.com/i/pdf/2011-01-20_NR.pdf

[Popeye82]

Venus Metals - Yalgoo Iron Ore Project JORC Magnetite Resource 443 MT - Dec 16, 2010

HL:

+ JORC Inferred Magnetite Iron Ore Resource of 443.9 Million Tonnes exceeds the Company’s previously announced target estimate tonnage range for Bilberatha Hill of: 268MT – 420MT (ASX announcement 21 April 2010).

+ The strike length of Bilberatha orebody is approximately 1.6 km, the BIF extends up to 630m below surface vertically (&is still open @depth), &the true thickness varies from 100m to 220m with an average of approximately 170m.

+ The Scoping Study on the Yalgoo Iron Ore Project to develop this world class magnetite deposit is progressing.

+ Coarse cobbing metallurgical testwork programme has delivered very positive results.

+ Rejection of gangue minerals at coarse size by magnetic separation was achievable for samples from YGDD001 &YGDD002.

+ Davis Tube Recovery test showed that high grade concentrate can be successfully produced from YGDD002, assaying 70.6% Fe &1.9% SiO2. ...
www.stocknessmonster.com/news-item?S=VMC&E=ASX&N=520788

[Popeye82]

Batero Gold - Intersects 452 Metres Grading 0.60 g/t Gold &0.12% Copper from Surface on Initial Step-Out Drilling - Jan 20, 2011
www.marketwire.com/press-release/Batero-Gold-Intersects-452-…

[Popeye82]

Alderon Resource - Confirms Iron @Mills Lake with 30% Iron Over 193 Meters - Jan 20, 2011
www.marketwire.com/press-release/Alderon-Confirms-Iron-at-Mi…
www.alderonmining.com/projects/kami/

[Popeye82]

Hathor Exploration - Three Rig Winter Drill Program is Underway @Roughrider - Jan 20, 2011
www.marketwire.com/press-release/Hathor-Exploration-Limited-…

[Popeye82]

Grizzly Discoveries - Acquires More Land &Provides Update on Alberta Potash Project - Jan 20, 2011
www.marketwire.com/press-release/Grizzly-Acquires-More-Land-…

[Popeye82]

Amazon Mining Holdings Plc - Provides Key Milestones for 2011 &Issues New Stock Options - Jan 20, 2011
www.marketwire.com/press-release/Amazon-Provides-Key-Milesto…