Drilling at Serra Intersects 7m @ 6.10g/t Gold at Coringa Project, Brazil

Magellan Minerals Ltd. (TSX VENTURE:MNM) (”Magellan”) is pleased to report results from thirteen additional drill holes from the Serra, Meio and Domingo zones at the Coringa project, Brazil. As with previous holes reported from the 2011 diamond drill program, these are all step-out and exploration holes aimed at expanding the existing resources of 269,450oz of […]

Chinalco Rio Tinto Exploration cleared to start business in China

The Rio Tinto and Chinalco joint venture (JV) for exploration in China – Chinalco Rio Tinto Exploration Co. Ltd. (CRTX) – has been officially registered as a business in China.

Cluff Gold announces significant resource increase at Baomahun

Cluff Gold plc (”Cluff Gold” or the “Company”) (AIM:CLF)(TSX:CFG), the dual AIM/TSX listed West African focused gold mining company, is pleased to announce the results of an independent mineral resource estimate for the Company’s 100% owned Baomahun Gold Project (”Baomahun”) in Sierra Leone.

Anglo American to divest minority interest in Palabora Mining Company

Anglo American announces that it will participate in the sale process initiated by Rio Tinto to dispose of both companies’ interests in Palabora Mining Company Limited (“Palabora”). Anglo American currently holds a 16.8% effective interest in Palabora. Rio Tinto holds an effective 57.7% in Palabora.

Peabody Energy and ArcelorMittal Submit All Cash Offer to Acquire Macarthur Coal

Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT) today confirm that following the recent completion of due diligence they intend to launch an all-cash off-market takeover bid to acquire all the shares in Macarthur Coal Ltd (ASX: MCC).

Lundin Mining reports second quarter 2011 results

Lundin Mining Corporation (“Lundin Mining” or the “Company”) today reported net income of $57.7 million ($0.10 per share) for the second quarter of 2011, an increase of $15.4 million from the $42.3 million ($0.07 per share) for the second quarter of 2010.

Tiex Inc. exploration update on Its Quesnel trough properties, Central British Columbia, Canada

Tiex Inc. (”Tiex” or the “Company”) (TSX-V: TIX) is pleased to issue an update of its exploration work that the Company has initiated on its Horsefly Property in the Quesnel Trough area of central British Columbia.

Riva Announces Exploration and Drill Results for its Honey Camp Property

Riva Gold Corporation (TSX-V: RIV) (”Riva” or “the Company”) announces results from its mapping, trenching and diamond drill program on its Honey Camp Property.  Three historical vein systems, the Rainbow, Alma and Camp veins,  located within a 2.4 kilometre by 0.9 kilometre area on the Honey Camp Property (the “Area”), were tested by mapping and trenching […]

Arch Coal’s West Virginia Operations Earn Eight State Mine Safety Awards

Arch Coal, Inc. (NYSE: ACI) today announced that its mining subsidiaries earned eight statewide safety awards at West Virginia’s Annual State Council Meeting of the Joseph A. Holmes Safety Association.

Xinergy Announces Coal Supply Agreement with J.P. Morgan

Xinergy Ltd., (TSX: XRG and XRG.WT) (”Xinergy” or the “Company”), a US Central Appalachian producer of high quality coal, today announced that its wholly owned subsidiary, Xinergy Corp. has signed a long term coal supply agreement (the “Agreement”) with J.P. Morgan Ventures Energy Corporation (”J.P. Morgan”) for the delivery period beginning January 1, 2012 through December 31, 2014.  […]